Hi Hank,
I haven’t tended to focus P/E when looking at HLI’s value.
The market has been worried about the mortgage cliff since at least Feb 2023 when some analysts recommended selling HLI at $2.60 per share. The mortgage cliff hasn’t eventuated and has been more of a gentle downhill ‘ramp’ than a cliff.
One of the things I like about HLI is that it doesn’t get a lot of press and when it does it is often of the kind I just mentioned - completely wrong. I’ve found HLI to be mispriced often and have been a buyer over last couple of years from $2.10 through to $4.20, when opportunities have presented.
Sorry I can’t comment more on P/E but it’s not really something I pay attention to with HLI.
Hi Hank, I haven’t tended to focus P/E when looking at HLI’s...
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Last
$3.90 |
Change
-0.030(0.76%) |
Mkt cap ! $1.136B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.94 | $3.84 | $2.186M | 558.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3470 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 16984 | 57 |
View Market Depth
| Last trade - 13.48pm 28/06/2024 (20 minute delay) ? |
| HLI (ASX) Chart |