CTD 1.31% $13.52 corporate travel management limited

This comment is bizarre, 2019 was pre-covid. No travel company...

  1. 79 Posts.
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    This comment is bizarre, 2019 was pre-covid. No travel company has recovered to pre-covid levels yet and with the share dilution that had to happen to keep these companies afloat since the gov abandoned them and their workers stock prices are unlikely to get back to those levels for some time.

    The travel industry recovery has only really been about 1 year now and services and staffing last year was pretty limited plus high fuel prices, lacking competition to bring down pricing, wars etc. it is really only starting to ramp up now with increased competition and better pricing.;

    Up until the latest results the CTD price was doing pretty well but investors over reacted due to the UK investments and the share price fell off a cliff. Do a comparison with FLT and you are getting much better value with CTD and a higher dividend for a lower stock price, CTD should easily be where FLT is it at.

    Just need to be patient until it pulls back up.
    Last edited by time2waste: 20/03/24
 
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