Already fully valued ?, page-144

@RunForrestRun
Thanks for your comment.
Yes, I personally prefer people who try to articulate their own ideas.
You are never sure that the ones who repeat what they have heard, have understood the context of what they heard.

Anyway, we have to accept that Cettire will remain a controversial stock.
And there will be people who will try to short the stock given its performance YTD : + 121 %, while ASX All ord have been flat during the same period.

However, we have a good visibility on their business, given we have monthly figures regarding their traffic.
We also have a good visibility on their margin, as we know that there is now a clear choice to keep promotion at a low level, while they have stopped the expensive policy of free returns.

We also need to remain opened to negative remarks, when they are valid, like the point regarding their real cash position (reason why my comment yesterday was not including the impact of negative working capital on their cash flow).