REA Group will today deliver it's FY14 financial results and it will be the first of the high growth stocks to report
Livewire
REA Group will today deliver it's FY14 financial results and it will be the first of the high growth stocks to report. The report will no doubt be a spotlight in today's sessions as focus falls on the ability of these high PE stocks to maintain growth and justify their valuations. Investors will no doubt keen to learn more about the international growth aspirations for REA after the company recently took a position in iProperty Group. The ability for REA to roll it's model out and become a global player will be a significant factor in the future growth prospects for the business. It will also be interesting to gauge what impact (if any) disputes from groups of real estate agents regarding proposed price increases will have. REA is holding a briefing for investors this afternoon at 3pm, it can be accessed via the following link: (VIEW LINK)
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The Livewire Equities feed brings you a range of insights that relate to Australian equities
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