No change, our position in ZM has been a bit of a rollercoaster post the pandemic but we now have a new environment as the vaccine is rolled out and competition intensifies. ZM might be ahead of the pack but its still priced for substantial growth with an estimated P/E for 2021 of 150x, were thinking it might be time to take our ~15% profit and walk.
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Market Matters Live Webinar: Introduction to MM 3.0
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Markets @ Midday – Wednesday June 29th – Carsales (CAR), Pilbara (PLS) & Tyro (TYR)
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Ausbiz: James Gerrish discussing Banks, Resources & his view on the current market.
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What Matters Today in Markets – Wednesday 29th June – Hitting the high notes for the day ahead
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MM is considering selling ZM into current strength
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