As much as I like GEM, it is very expensive on a PE of 32 with a ROE of 11%, a lot of future growth factored in already. EPS growth of 23% will be increasingly hard to maintain. Further SP growth absolutely reliant on continued child care centre purchases,but there is still a very large potential supply of centres left.
Tempted to take some profits again and maybe pick up again on a pullback.
Jeff
As much as I like GEM, it is very expensive on a PE of 32 with a...
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Last
$1.17 |
Change
0.010(0.87%) |
Mkt cap ! $891.1M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.16 | $5.726K | 4.915K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 18873 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 4057 | 5 |
View Market Depth
| Last trade - 10.09am 24/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |