TME
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0.00% $6.07 trade me group limited

Just checked the SP - $3.00 - looks about right to me. $80.2m...

  1. slc4me
    4,306 Posts.
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    20/08/15
    11:48
    Post #: 15841730
    Just checked the SP - $3.00 - looks about right to me. $80.2m NPAT = 20c a share. PE of 15 = $3.00. They are sounding optimistic re future earnings so maybe the PE should be 17ish - giving $3.40SP. I think the market is a little gun shy given Seek and CarSales results so not too aggressive on the PE side of things. Anyway happy to hold atm.
    TME Price at posting: $3.02 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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