CTD 0.48% $12.55 corporate travel management limited

Ann: Advanced Notice - 2022 Half Year Results Briefing, page-27

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  1. 909 Posts.
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    Definitely a good cash out of your short at mid $4. I’ll give you that. In my opinion (now and back in mid 2020) was that you and VGI were extremely lucky with the virus otherwise you’d have lost on the short. The argument back then from myself and other smart CTD posters was that it was a terrific company and all the negative posters had little to no idea about the fundamentals. You were still calling for it to go lower and that it wouldn’t recover. Those companies you mentioned (OZL, SRL etc) have mostly only doubled. Imagine if you’d gone long on CTD at $4.50. You’d be up 5x. Some are happy with doubling of their money others expect more. I suppose that’s what separates the excellent investors from the average ones.
 
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