The market wants to see if PXA revenues in UK is ramping up. PXA has two growth business. Pexa international and Pexa digital. Both are still showing modest revenue growth.
The property market in Oz is still weak. But Pexa is picking up business in the mortgage refinancing area where Pexa has 99% market share. Very competitive rates being offered by banks to retain market share. Refinancing is strong lately. Also, Pexa has pricing power. Pexa has increased fees in line with inflation increase. Each year there will be an increase in Pexa fees.
There is also a natural increase of property supply per year. We build 200k new dwellings per year.
Question is when is the time to buy PXA? Some People make money in shares during bear markets.
The market wants to see if PXA revenues in UK is ramping up. PXA...
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Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B | |||
| Open | High | Low | Value | Volume |
| $13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 965 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.89 | 800 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PXA (ASX) Chart |