ASH 7.84% 27.5¢ ashley services group limited

IPO, page-7

  1. 619 Posts.
    closed at nearly the high of the day

    they sold it cheaply. not private equity - founder sell down. only 12x p/e ratio is too low for a growth stock

    now p/e an undemanding 13.8x off conservative earnings. roll up stories rarely get this cheap.
    Last edited by nih123: 21/08/14
 
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