It's a hard one.. Domestic growth is all priced in so this is now a speculative international play. All I know is I have seen international expansion go bad more times than it goes good, and with the drop in the AUD the costs getting involved in new markets is even greater than it was 6 months ago.
Personally I like Seek. Management is good and when operating at scale the margins are great. Unfortunately there are just too many unknown, unknowns for this to be investment grade at this time. I sold out a few weeks back, but it's definitely on the watch list once revenues from O/S start hitting in earnest.
SEK Price at posting:
$8.80 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)