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 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.
The local share market managed a 0.9% gain, taking it to a five-month high on the back of another confirmation of falling price levels and inflation.
The CSR Limited (ASX: CSR) share price has snapped back from a recent decline. CSR manufactures and distributes building products in Australia and New Zealand.
Tim Lincoln is the co-founder of Lincoln Indicators. Tim Lincoln recently sat down with Owen Rask on The Australian Investors Podcast to talk about the origins of the Stock Doctor ‘financial health’ model, which is based on PhD research.
The REA Group Limited (ASX:REA) share price is under the spotlight after releasing its FY23 third quarter update.
