CTD 1.76% $12.69 corporate travel management limited

Ann: CTD 2019 Full Year Results, page-35

  1. 33,669 Posts.
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    "The business is not in trouble. Growth has slowed (company is playing defence) and as a consequence there is PE multiple contraction taking place."
    PE multiple is expanding not contracting .
    Good steady as she goes result , earnings margin out of Asia and USA seem a bit light compared with ANZ and Europe I wonder why ?
    A 10 to 15 % increase in top line and bottom line each year I am happy with should mean dividends track upward long term
 
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