Tag: ASX:PXA

Pexa Group is under Algo Engine buy conditions. We like the growth outlook, and with private equity now looking at the business, the downside is well underpinned.

Pexa Group

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Pexa Group has helped transform conveyancing from a clunky paper-based process into a digital one.

FY21 underlying earnings doubled to $110 million and analysts are forecasting a further 20% increase in FY22.

CBA & Link are major shareholders.

Pexa Group has helped transform conveyancing from a clunky paper-based process into a digital one. PXA was recently listed on the ASX with a market cap of $3bn.

FY21 underlying earnings doubled to $110 million and analysts are forecasting a further 20% increase in FY22.

CBA & Link are major shareholders.

23/11 update: Our Pexa trade has been closed, generating a 19% return.

Pexa Group has helped transform conveyancing from a clunky paper-based process into a digital one. PXA was recently listed on the ASX with a market cap of $3bn.

FY21 underlying earnings doubled to $110 million and analysts are forecasting a further 20% increase in FY22.

CBA & Link are major shareholders.