CTT 2.79% $1.84 cettire limited

Ann: FY24 Results and Investor Briefing Details, page-19

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  1. 338 Posts.
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    CDA doing $500m revenue, only growing at 21% YOY and has market cap of $2.6B

    CTT doing $1b revenue, growing 80% YOY and only $500m market cap.

    We should be trading at minimum 5x revenue, $5b market cap and $13+ per share. But more like 10x revenue would be fair value around $26 per share

    It's a joke how undervalued this company is. Instos keep buying on market, it's a matter of time before this has a generational life changing run.

    90% of float is held by founder and instos, cap structures don’t get any better.

    Dean is smart. He left the report to very end of month, they usually report mid month. My guess is he left it till the end of month so they could report outstanding growth for July and August, as well as super positive update on China launch.

    If you all think this company is a dud, short in to the annual report Ann next week and post your position.

 
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