As usual, Jamie pushing out his forecast to the top end of the range, and in this fast changing world, it proves to be too aggressive.
They did not provide a clear view in Feb, but if I read between the numbers, this is what it was looking like:
So both revenues and margins below 2024 (although that benefitted from Europe) and US still continues to grow but RoW margins seems to have been truly impacted.....and not sure US is going to bounce back anytime soon (esp if a recession comes).
I imagine that a decent chunk of this is priced in (market expected conditions to be softer than what the broader market sentiment was in Feb), but that assumes the market will react rationally......not something that occurs too often recently. Than again, what is a fair price for a growth company that is not growing, and it seems the US is decoupling from the rest of the world (not great for a travel company)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.00 |
Change
-0.620(4.55%) |
Mkt cap ! $1.902B | |||
| Open | High | Low | Value | Volume |
| $13.59 | $13.61 | $12.74 | $9.760M | 749.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2617 | $12.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.06 | 4175 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| CTD (ASX) Chart |