I/we were told the same things during the dotcom boom....I will stick to traditional old fashion valuation methods like DCF and genuine peer multiples, and I am sorry but revenue multiples do not cut it.
I agree relative to Temple & Webster and Kogan Adore looks OK, but I don't believe those multiples are sustainable either!
Listen to one of the best retailers in the country - Adairs, who have a balance of on-line and physical stores, store will always be there, on-line simply does not give you the same instant gratification or visual/sensual experiences.
The cycling of COVID induced on-line revenue growth will be the true test of these businesses come March-October next year.
Good luck if you buy the IPO!
I/we were told the same things during the dotcom boom....I will...
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Last
83.5¢ |
Change
-0.015(1.76%) |
Mkt cap ! $78.45M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 85.0¢ | 82.0¢ | $12.12K | 14.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22455 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 3 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ABY (ASX) Chart |