CTD 1.36% $11.93 corporate travel management limited

Joe Aston AFR Columnist NOT reporter!!, page-27

  1. 5,485 Posts.
    lightbulb Created with Sketch. 2394
    Yep, that is true, Downgrades after the CTD outlook and the SP falling on constant media noise.
    However unlike our subjective views 4 traders analysis is objective and computer/algorithm based. Ie, avoids human subjectivity.
    It 'computer' analyses 1000's of businesses from indices all over the world. Where there is a value gap probabilities are with the consensus containing the higher number of analysts. For example lower probability if there is only 4 or less analysts covering the stock.
    For what its worth below is the computer generated comment on the value gap:
    "The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock."
    Its only a measure of probability.
    Of course if downgrades continue so will targets and likely the SP.
    4 Trader also provides an objective computer/algorithm based analysis of the financials. Its just a bit of a check in relation to our own analysis which is subject to our own subjective bias.
    4 Traders analysis has a 4.5 stars out of 5 for its Investor rating for CTD which is pretty good. Obviously its trading rating is now low due to recent downgrades. It has a very high finance rating of 91%.
    Its summary is:
    "The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria."
    So you are right it really only tells us what we already know.
    Last edited by manny100: 21/09/19
 
watchlist Created with Sketch. Add CTD (ASX) to my watchlist
(20min delay)
Last
$11.93
Change
0.160(1.36%)
Mkt cap ! $1.745B
Open High Low Value Volume
$11.80 $12.01 $11.67 $6.586M 554.9K

Buyers (Bids)

No. Vol. Price($)
2 1468 $11.93
 

Sellers (Offers)

Price($) Vol. No.
$12.00 1000 1
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
CTD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.