Rea Group Ltd (ASX:REA) is the owner of Australia’s most popular real estate portal realestate.com.au. It owns other property leading sites such as realcommercial.com.au too. It also has stakes in several other international property sites in the US, South East Asia and India.
The BHP Group Ltd (ASX:BHP) share price has jumped 3.3% since the start of the 2023. It’s probably worth asking, ‘is the BHP share price cheap?’
The Rea Group Ltd (ASX:REA) share price has risen 41.3% since the start of the 2023. It’s probably worth asking, ‘is the REA share price in the money?’
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.55% to 6976.50.
The REA Group Limited (ASX:REA) share price is under the spotlight today after providing its FY23 first quarter update.
The Australian sharemarket rebounded from 11-month lows on Thursday, notching a small gain as markets braced for the official US jobs data on Friday night Australian time.
At current prices, PXA shares have never been cheaper and appear undervalued on 26x FY25e P/E – estimates which only assume a partially success to its UK rollout and continued subdued Australian housing volumes.
There really isn’t a “secret sauce” behind these stories – it is purely a matter of scouring the market for companies displaying solid fundamentals (which we define as our “Golden Rules”), and then allowing these businesses to compound both earnings and cash flows over many, many years.
Want to find the top 10 best ASX shares in Australia? Luke Laretive and Owen Rask go head-to-head in the search for multibaggers on the ASX, with some shocking stats.
The REA Group Ltd (ASX:REA) share price is under the spotlight as investors get a good look at the FY23 result.
