SEK 0.56% $26.40 seek limited

Ann: SEEK announces Brazil & Asia deals and financial update-SEK.AX, page-4

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  1. 793 Posts.
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    Potential devils advocate reasons:
    - Growth rate ~11.5% is not as good as historical rates have been, slower growth rates the future for SEK?
    - Desperate to find growth so pushing money into BrasilOnline quickly despite horrible economy in Latin America. History of BrasilOnline has been good but recent 1H result only 2% EBITDA growth and perhaps worse going forward (short term) given economy.
    - SeekAsia very expensive investment!!
 
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