Hi all, Thinking of buying some Seek learning shares. What are people’s thoughts on this company? It’s well run and expanding its investments. Matt
https://commsec.api.markitondemand....pdf?access_token=UDnF5CqT455LTXZcflHfwv6mkQFS Not something that I invest in Matt,but what makes you invest in something like ,will it be a long-term hold as it seems the divs are on the upward trend over the years..good luck..
My thoughts in no particular order, it’s had a good run for many years, it has a strong position as the dominant online job ads platform, it’s consistently growing revenue, It has a high ROE, it’s debt levels are high, it’s trading at a high PE currently, it’s had a bad year, the share price hasn’t gone up dramatically in the last five years, it’s at high risk of disruption, It will suffer if unemployment rises, (less job adverts).
I think it is Ok , you could do a lot worse I sold out 18 months ago just because I thought there were better options, It ticks a lot of boxes. It is founder lead which is a big plus another big plus is the new CEO the founder of Aconex. It has been proactive and spent a lot of money strengthening its moat, but disruptors are a risk, It had 13 years of 18% revenue growth, I think last year was 11 % still OK. I think the ROE was 18%, respectable. It is reinvesting for future growth which is putting pressure on margins. The Chinese business had at least till year before last year had 12 quarters of 20% growth not sure about now. There are risks especially with some of the dodgy countries they operate in got burnt in India. These types of companies will not always have smooth sailing. I think it is a quality company. It does give you international exposure with only about 50% of its revenue from ANZ. There are currency risks. I think it has good potential.
