AFJ affinity education group limited

why cant they do 4 ebit acquisitions like gem? If they could do...

  1. 619 Posts.
    why cant they do 4 ebit acquisitions like gem? If they could do consistent acquisitions at 4 ebit, this AFJ will be one of the best performing stocks on asx.

    it'll be so good, it'll be at $2.00 rather than stuck at 1.16.

    their last acquisition, was done at 6 times ebit, 50% above gem's multiple. what makes gem able to do acquisitions at such a lower multiple. has anyone asked them about this?

    GEM's p/e and multiples are ridiculous though, 5.30 today esp as most of its acquisitions are not contributing such ebit for over 12 months away
    Last edited by nih123: 15/08/14
 
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