I think your final sentence answers your question of why the "down-ramping" - the PE is too high.
Freight Forwarding software is not a high growth business.
I think many retail investors believe Wisetech is now providing all software for DHL - they don't - they just provide Freight Forwarding software to DHL - this has nothing to do with the DHL package and Express mail delivery business.
In addition there is a lot of work in developing and maintaining Freight Forwarding software - you have operations, accounting, warehouse, customs brokerage, track and trace, EDI and a hundred other small areas. You don't just build it and forget it.
- Forums
- ASX - By Stock
- Ann: WTC revenue up 31% EBITDA up 32%, on track for FY18 guidance
I think your final sentence answers your question of why the...
-
- There are more pages in this discussion • 3 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 WTC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$134.10 |
Change
1.980(1.50%) |
Mkt cap ! $44.85B |
Open | High | Low | Value | Volume |
$132.90 | $134.16 | $132.50 | $53.96M | 403.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37 | $133.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$134.20 | 136 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37 | 133.980 |
1 | 40 | 133.750 |
4 | 5834 | 133.330 |
1 | 834 | 133.220 |
2 | 2589 | 133.130 |
Price($) | Vol. | No. |
---|---|---|
134.220 | 1000 | 1 |
134.250 | 9 | 1 |
134.390 | 1837 | 1 |
134.510 | 167 | 1 |
134.590 | 1837 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
WTC (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online