MMS was a cheap growth story if you bought ahead of them delivering the 50% EPS growth, as I did.
The problem with investing in high PE 'growth shares' is if they stop delivering exceptional results they get absolutely smashed.
Just look at JLG today, everyone's 'growth darling' a year or so ago but massively over priced or 'priced to perfection' depending on your view point.
Ann: FY24 Results - Investor Presentation, page-24
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Last
$13.23 |
Change
0.110(0.84%) |
Mkt cap ! $830.2M | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.34 | $13.00 | $1.410M | 106.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 436 | $13.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.31 | 436 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| JIN (ASX) Chart |