WEB 0.33% $8.98 webjet limited

Ann: Webjet delivers on international WebBeds strategy, page-102

  1. 175 Posts.
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    Just as a reference point, even though I'm sure someone will take exception to this and get overly sensitive or defensive, but FLT has downgraded its profit guidance by 20% for the full year despite so called record TTV in H1. They're saying corporate clients are actually amending their internal travel policies to prevent travel to China and other locations in the short term. So, make of that what you will. Could earnings be hit more than 10%? Well, your guess is as good as anyone. Call up some travel agents or ask your work circle of contacts if they're allowed to travel overseas at the moment


    I only know as I've had a long-term short on flt but I think WEB will be great on the rebound, whenever that comes
    Last edited by Dutchie9191: 27/02/20
 
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