Just longed a stack - gulp. I think it could have a good run now. I think the market will start to look through the current period. Fro aroudn $31 ATM, you get about $7 net cash, and earnings of $2.43. Net out the net cash and the PE* is 10x. Hilariously cheap !!!
And even better - 10% are short this stock, and the ROE only fell as low as 16% in the GFC, and is typically above 20%, even with all that cash. It is yet to be seen if the bricks and mortar begins to weigh on FLT, but the "travel expo" approach may work well too.
I suspect we will see the market take a more even approach to this stock now that there are signs of life - otherwise I will disappear in a puff of smoke. lol
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Last
$21.92 |
Change
0.300(1.39%) |
Mkt cap ! $4.863B |
Open | High | Low | Value | Volume |
$21.60 | $21.97 | $21.53 | $12.44M | 569.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45 | $21.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.93 | 2664 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1024 | 21.860 |
1 | 3027 | 21.840 |
1 | 3027 | 21.820 |
2 | 12663 | 21.800 |
2 | 5081 | 21.780 |
Price($) | Vol. | No. |
---|---|---|
21.930 | 2664 | 1 |
21.940 | 1436 | 2 |
21.950 | 1213 | 1 |
21.960 | 1459 | 2 |
21.980 | 3497 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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