PFP 1.02% $5.96 propel funeral partners limited

Yes the growth in propel is in the aquesitions. When they slow...

  1. 60 Posts.
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    Yes the growth in propel is in the aquesitions. When they slow down their purchases of businesses their growth will stall.
    They buy small funeral businesses on a pe of about 10. Then investors pay a pe of 25 for the same dollar of earnings.
    Once they have run out of businesses to buy, this becomes a dividend stock.
 
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