How to buy Plato Income Maximiser shares

Plato Income Maximiser Limited is an asset management business based in Australia. Plato Income Maximiser shares (PL8) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Plato Income Maximiser has a trailing 12-month revenue of around $25.8 million.

How to buy shares in Plato Income Maximiser

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Plato Income Maximiser . Find the share by name or ticker symbol: PL8. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Plato Income Maximiser reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Plato Income Maximiser . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Is it a good time to buy Plato Income Maximiser stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Plato Income Maximiser under- or over-valued?

Valuing Plato Income Maximiser stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Plato Income Maximiser 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Plato Income Maximiser 's P/E ratio

Plato Income Maximiser 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Plato Income Maximiser shares trade at around 28x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Plato Income Maximiser share dividends

Dividend payout ratio: 80% of net profits

Recently Plato Income Maximiser has paid out, on average, around 80% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.03% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Plato Income Maximiser shareholders could enjoy a 4.03% return on their shares, in the form of dividend payments. In Plato Income Maximiser 's case, that would currently equate to about A$0.051 per share.

Plato Income Maximiser 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").

Plato Income Maximiser share price volatility

Over the last 12 months, Plato Income Maximiser 's shares have ranged in value from as little as $0.7576 up to $1.21. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Plato Income Maximiser 's is 0.7807. This would suggest that Plato Income Maximiser 's shares are less volatile than average (for this exchange).

Plato Income Maximiser overview

Plato Income Maximiser Limited is a privately owned investment manager. The firm provides its services to SMSF and pension-phase investors. It invests in public equity markets of Australia. The firm invests in diversified portfolio of Australian shares with an income focus. Plato Income Maximiser Limited was founded on April 21, 2017 and is based in New South Wales, Australia.

Frequently asked questions

• What percentage of Plato Income Maximiser is owned by insiders or institutions?

  Currently 3.329% of Plato Income Maximiser shares are held by insiders and 3.795% by institutions.

• When does the fiscal year end for Plato Income Maximiser ?

  Plato Income Maximiser 's fiscal year ends in June.

• Where is Plato Income Maximiser based?

  Plato Income Maximiser 's address is: 60 Margaret Street, Sydney, NSW, Australia, 2000

• What is Plato Income Maximiser 's ISIN number?

  Plato Income Maximiser 's international securities identification number is: AU000000PL81