WEB web travel group limited

Ann: First quarter TTV guidance Up 24% , page-2

  1. 682 Posts.
    lightbulb Created with Sketch. 300
    Nice, makes that 15% target guidance on earnings all the more easier to achieve and thus not upsetting the market.

    'Average transaction size similar to last year' --> approx 24% more booking fees (if WEB haven't reduced their rates..I don't think they have).

    Then take into account any marginal fees is basically profit given the fixed overhead structure. I love this business!

    I'm happy to have this one away in the middle drawer, keeping an eye on it every now and then....not quite bottom drawer stuff given the rapidness of market movement.

 
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