IEL 7.05% $17.00 idp education limited

It’s based on revenue growth. The net profit growth last quarter...

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    It’s based on revenue growth. The net profit growth last quarter was an outlier still slowing hence the PE will fall with it. You’re betting on 30-40 percent growth in EBITA this half good luck when your revenue growth is at 15-20 percent and increase costs and competition. Their monopoly dominance is coming to an end needs a few quarters to show it can still survive that growth in that period to keep running.
    Last edited by Roch2077: 01/06/23
 
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