CTD 1.26% $13.28 corporate travel management limited

Ann: 1HFY20 Results Presentation, page-2

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    Given the extreme difficulties faced the flat result was shows the strength of the underlying businesses and the business model. Debt has been reduced further so the cash position is very solid.
    The outlook for 2021 is exceptional. At some stage we will start to see accumulation to take advantage of the recovery.
    JP said they were on the look out for further acquisition(s). With the issues affecting the industry likely to pick up a bargain or two. Sees the US as the main growth contributor in the immediate timeframe.
    Watch for another AFR article demonstrating a complete lack of understanding of the business by Joe and his masters in the next few days.
 
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