Money magazine Comments - Australian Ethical dumps Lendlease over koala threat Australian Ethical has sold its Lendlease shares over a south-western Sydney development that could threaten one of the last healthy koala colonies in NSW. https://www.moneymag.com.au/feed/latest?story=179798881 Sat, 18 Mar 2023 09:06:16 +1100 Sat, 18 Mar 2023 09:06:16 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Australian Ethical dumps Lendlease over koala threat https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Peter Ralph ()

Seriously, AEF's share price has come from nearly $14 to $3 in 15 months that's a fall of 85%. On a trailing PE of 67 and a miserable market cap of $350 million, why would anyone care what AEF does? The next president of the U, S., Ron DeSantis is an avowed hater of ESG companies and they are not where you're going to want have your money in two years. How AEF has $9 billion in funds under management defies believability ... I've been in market for more than 30 years and they wouldn't get a cent of my "hard earned." If you're tossing up where to put your money, in an AEF fund or LLC, go for the latter every day of the week. AEF dumping them is a strong counterintuitive indicator that LLC is a screaming buy.

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]]> Peter Ralph () Sat, 18 Mar 2023 09:06:16 +1100