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clock Created with Sketch. 09/12/22
10:40
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Originally posted by Swage_17:
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After watching from the sidelines for a while I am back in too. PE of 30 for FY23. There should be a considerable increase in earnings in FY24. Management is guiding to almost double EBITDA . Even if EBITDA increases by half the amount management is guiding to, CTD is currently trading at a PE of 20 for FY24. For a company that has a track record of growing EPS high single/ low double digits, a PE of 20 is good value.
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Personally with economic conditions i would steer away from all travel stocks and discretionary stocks. Especiwlly if we do get in a recession next year
(20min delay)