Hi all,
sales for this fiscal year are expected to be around 10% more than last year, which is, in my opinion , very disappointing because travel has surged since last summer with the end of COVID restrictions in most of the develloped world. Multiples are sky high for a this level of growth ( P/S of 8). Who knows if the margins of pre COVID years are achievable with rising input costs ?
I have beaten the bullet and just sold my position at a 62 % loss. I made a huge risk management mistake to buy a 10% stake 2 years ago on such a small and richly valuated company. Greed and ego. Lesson learned ?
Might be interested in the future at a much better valuation,and a change in leadership and communication.
Hi all,sales for this fiscal year are expected to be around 10%...
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Mkt cap ! $51.68M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3225 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 2559 | 1 |
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