Thanks all. My first posting on Webjet. I am curious why this stock has been shorted for so long.
Webjet's traditional business has a growing number of competitors, so it needs to keep evolving to stay ahead of the pack and protect it's market reputation and positioning.
I have been doing some research on its WebBeds subsidiary. Impressive and smart business - it is this part of Webjet that I think will continue to differentiate it from its competitors and keep it on its impressive YOY growth path. Key ingredients:
* global B2B market place ... early mover advantage
* Rezchain ... blockchain ... helps to solve a reconciliation problem between B2B market participants ... clip rate per transaction.
* Rezchain .... IP .... can can this be applied to other transaction types
* WebBeds Destination Index (WDI) .... collecting valuable global data with each transaction ... data has $$ value ... predictive capability
* Using WDI predictive capabilities to enter and exit (reduce) market involvement in countries to optimise growth and minimise cost - clever
Worth a read:
https://www.webjetlimited.com/wp-content/uploads/2019/11/UBS-Australasia-Conference-presentation-November-2019.pdf
I am looking forward to the next market update in February 2020.
This is not investment advice. Please DYO research and make you own investment decisions.
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web travel group limited
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$4.63 |
Change
-0.040(0.86%) |
Mkt cap ! $1.673B |
Open | High | Low | Value | Volume |
$4.69 | $4.71 | $4.59 | $10.08M | 2.166M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2300 | $4.61 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.63 | 8400 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2300 | 4.610 |
4 | 13500 | 4.590 |
1 | 3200 | 4.580 |
4 | 22074 | 4.570 |
3 | 2959 | 4.550 |
Price($) | Vol. | No. |
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4.630 | 8400 | 1 |
4.650 | 1250 | 1 |
4.660 | 800 | 1 |
4.700 | 10000 | 1 |
4.720 | 6355 | 1 |
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