Forum Topics TNE TNE Are we really doing this?
PabloEskyBruh
Added 6 years ago

This has been a great ride this year.  But is the  valuation starting to look a bit frothy to anyone else?  Completely different sector I know, but it is reminding me a bit of REA Group about 9 months ago.  Anyone have any good reasons for us to keep holding through these prices?

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PabloEskyBruh
Added 6 years ago

I think I'm out. Happy to lock in this profit and and am becoming overweight in this sector. I don't understand this particular business well enough to not be nervous about the multiple.

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Strawman
Added 6 years ago

Phenomenal gain, doubled your money in less than a year. Well done! Prices seem really stretched for a lot of quality companies at present.

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