Trading at a ridiculous 4 x p/e and growing rapidly.this is a...

Trading at a ridiculous 4 x p/e and growing rapidly.
this is a top 15 Australian stockbroking Firm !

Being a stockbroking firm appears to be a good thing in times of market turmoils.

the level of business in August exceeded all expectations - it proved a record month with all the volatility - just means more brokerage fees.
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so what if we now have more turmoil .. this stock is set for a record HY .. probably will trading at a forecast 3x p/e.

All the growth is organic .. and will expand further by set up offices in Melbourne etc,, currently only presence is Sydney.