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PE will not be a suitable measurement tool in 2017 as state by...

  1. Pycnantha
    174 Posts.
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    30/11/16
    06:57
    Post #: 20981162
    PE will not be a suitable measurement tool in 2017 as state by many in this thread previously.

    Moving into 2018/19, with AJX's growth trajectory it think a reasonable PE will be 40 - 60 conservatively.

    Honestly even if we saturate the market in 5years time I can't see our PE being less than 25. Organise growth in market sectors, efficiencies in scale, R&D, lite business model, the fact we are not leveraged like a bank.

    For humour sake, if you want to work off a PE for 2017, make it 300-400.
    AJX Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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