Starting to consider reducing my holding.
A few things are niggling at me:
- How much of the 1Q21 export growth is from the two NZ businesses acquired in 2Q20?
- How much is excessive restocking after the mar-apr collapse and sudden surprise surge in demand?
- What happens to the market multiple when a vaccine is released and the world travel market slowly starts to normalise?
- What happens to the market multiple when growth rates return to long term averages? Or even below long term averages for a few years after the domestic car holiday fad inevitably fades.
- What happens to the market multiple if 10 year gov bond rates rise at some point over say the next 5 years?
- What happens when tradies decide they probably should'nt spend too much more dough on their utes?
The large short-term step up changes in demand, market multiples and exchange tailwinds can easily become gradual step down changes as growth reverts to mean.
I am a bit of a worry wart, but further sustained risk to the upside has to be weighed against the potential for medium term downside risks.
I note the trailing P/E multiple is now higher that CSL's.
![]()
- Forums
- ASX - By Stock
- Ann: Market Update
Starting to consider reducing my holding. A few things are...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARB (ASX) to my watchlist
|
|||||
Last
$37.98 |
Change
-0.660(1.71%) |
Mkt cap ! $3.127B |
Open | High | Low | Value | Volume |
$38.35 | $38.72 | $37.68 | $3.423M | 89.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 70 | $37.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.99 | 54 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 92 | 37.990 |
6 | 177 | 37.980 |
6 | 196 | 37.970 |
7 | 251 | 37.960 |
4 | 171 | 37.950 |
Price($) | Vol. | No. |
---|---|---|
38.010 | 289 | 14 |
38.020 | 50 | 1 |
38.030 | 478 | 7 |
38.040 | 254 | 3 |
38.050 | 116 | 4 |
Last trade - 14.04pm 19/06/2024 (20 minute delay) ? |
Featured News
ARB (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online