Originally Posted by
Ace
Thanks for the warm welcome macduffy, and I hope that I there will be many more posts too. Yeah amazing progress, lets hope it keeps up. I'll keep that in mind regarding takeovers, it would be interesting to see how it plays out in relation to SCL. The only other take over I was in was Lyttleton port back in 2014 so still have plenty to learn here.
Just out of curiosity Winner - regarding the comparison of P/Es from other markets to the NZX, do you think that we can draw conclusions about what P/Es of certain industries should be in the NZ market based on what it is in other markets? I was always under the impression that it varied market by market, and from what I've seen, similar companies/industries in AUS or the US per se would generally trade on higher multiples compared with NZ. Thanks.