This is a once in a decade opportunity to buy a high-quality company trading on a PE of 22 (FY24) and 18 (FY25) (assuming only a 20% growth in EPS).
Yeah, the macro looks bad but I'm a bottom-up investor. Will immigration levels in Australia revert or potentially even go up in the long-term? Given that we are a country that only generates GDP growth through immigration, and we are the size of the US but have 7% of the population, I'd say it a certain bet.
@euphoria that stat about the company growing revenue in Australia by 33% despite segment shrinking by 17%. You are saying that is a good thing, right? To me that indicates the quality of the business.
Hoping for SP to fall further though, don't have spare cash at the moment.
- Forums
- ASX - By Stock
- IEL
- IEL Valuation
IEL Valuation, page-14
-
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IEL (ASX) to my watchlist
|
|||||
Last
$14.88 |
Change
-0.270(1.78%) |
Mkt cap ! $4.141B |
Open | High | Low | Value | Volume |
$15.04 | $15.10 | $14.60 | $10.22M | 690.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $14.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.88 | 3929 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 14.840 |
2 | 1534 | 14.820 |
1 | 19037 | 14.780 |
1 | 4109 | 14.770 |
1 | 3703 | 14.760 |
Price($) | Vol. | No. |
---|---|---|
14.930 | 4718 | 1 |
14.950 | 25289 | 6 |
14.970 | 4109 | 1 |
14.980 | 8421 | 2 |
15.000 | 6384 | 2 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
IEL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online