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PR Newswire
19-02-2014, 01:03 PM
Quote:SEEK Limited is engaged advertising employment classifieds and related services on the Internet, and provision and distribution of vocational training and higher education courses. It operates in three segments: online employment classified advertising (Employment); the provision and execution of training courses (Education); and investments in overseas online employment marketplaces (International). The Employment business provides online employment classified advertising services through the SEEK Website. The Education business comprises two segments: SEEK Learning and THINK. The SEEK Learning business markets, sells and distributes vocational training and education training courses in Australia. Think is a provider of vocational training and higher education courses. The International business consists of JobsDB, which operates in seven countries across South East Asia; Zhaopin, which operates in China; Brasil Online, which operates in Brazil ,and OCC, which operates in Mexico.
Was screening through Australian stocks yesterday and SEEK Limited caught my eye due to its high growth rate over the past few years, a relatively niche and market leader position in the online employment and education advertising sector, and very good growth prospect. Its growth in the emerging market was phenomenal over the last few quarters.
Its PE was around 15 yesterday, based on Reuters.
Just today it rallied over 20+% on positive quarterly result
Are there still value to be found in this company?
