I wanted to ask what you guys think of constant devaluation of...

I wanted to ask what you guys think of constant devaluation of the Australien Dollar compared to the US Dollar and the Euro and how this will effect the future valuation especially of ADO, as well as other ASX listed companies.

Right now it is really painful to watch my profits getting eaten up on a daily basis by the weak AUD.

In my case this is roughly 20% of my profits due to the AUD falling against the EUR from 1.28 to 1.54.
What are your opinions how far the AUD will fall?
Right now this is just useful for cheap holidays.

Generally for ADO as a business this should be quite positive, as most of the cashflow will be either in USD or EUR, while expenses (at least payment of employees, rents...) will be mainly in AUD.

I just fear that there will be quite a large capital outflow from the ASX due to the weak currency. This might cause a lower valuation by tendency meaning a lower PE ratio.

I am sorry if this his topic might be a litlle bit too generic for the ADO thread.
But I am really curious what you guys think.

cheers,
laga