What dont you agree with? (not being a dick)
All im saying is IEL current cashflow doesnt justify its price in a stable environment, and only makes sense if there is a lot of growth outlook.
I dont see that growth outlook, particularly with current australian discourse on immigration, and australia being a huge market for IEL.
IEL own presentation highlights the stagnant growth in the industry, not just for australia but most western markets.
I cant see the share price recovering from here given earning multiples are still high for a low growth, let alone flat or falling growth industry.
What dont you agree with? (not being a dick)All im saying is IEL...
Add IEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.18 |
Change
0.230(1.65%) |
Mkt cap ! $3.946B | |||
| Open | High | Low | Value | Volume |
| $14.12 | $14.38 | $14.04 | $5.588M | 392.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3650 | $14.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.22 | 1654 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IEL (ASX) Chart |