Australian Ethical Results (ASX: AEF) Profit Down In FY 2022
The FY 2022 Australian Ethical Investments results show profit down as a result of increased spending for future growth.
The FY 2022 Australian Ethical Investments results show profit down as a result of increased spending for future growth.
Australian Ethical Investment (ASX: AEF) has announced it will absorb Christian Super. However, the share price assumes very strong growth, on top of that.
Even though growth stocks are down considerably, in my view the top quality growth stocks are still up pretty overvalued.
These five stocks all have very high quality businesses that I want to buy more shares in, if only the market would offer a slightly better price.
Australian Ethical has to be one of the highest quality fund managers on the ASX. But can it justify its share price?