HUB 1.39% $46.78 hub24 limited

Avalanche of funds in through the door!, page-4

  1. 1,425 Posts.
    lightbulb Created with Sketch. 9
    NWL trading at Fwd PE(FY18) of like 60x.
    HUB trading at Fwd PE (FY18) of like 110x.

    Hardly trading at a similar PE. The only reason Hub has a better growth profile is because it is starting from a much smaller base, about half NWLs FUMA.

    Both are fiercely competitive, highly innovative and securing a significant market share.

    NWL currently has much higher net flows though, so will be interesting if HUB can catch up in that respect, or whether HUB can finally take that coverted No. 1 spot off them in the Investment Trends surveys. Doubt Netwealth will fall asleep on the job like all the institutional aligned platforms have in the past.

    Both are extremely successful companies and whilst both are fierce competitors to each other, the overwhelming majority of market share they take won't be off each other, and so I see very bright futures for both, so invested in both.
 
watchlist Created with Sketch. Add HUB (ASX) to my watchlist
(20min delay)
Last
$46.78
Change
0.640(1.39%)
Mkt cap ! $3.768B
Open High Low Value Volume
$46.35 $46.79 $45.60 $2.267M 48.82K

Buyers (Bids)

No. Vol. Price($)
2 15 $46.74
 

Sellers (Offers)

Price($) Vol. No.
$46.78 28 3
View Market Depth
Last trade - 14.38pm 28/06/2024 (20 minute delay) ?
HUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.