FLT 4.74% $21.92 flight centre travel group limited

Grandcaruso........The chartists can look after themselves, but...

  1. 290 Posts.
    Grandcaruso........The chartists can look after themselves, but from a fundamental investment point of view, I reckon you should do your research.

    At PE17, you are talking about a growth story that is not that different to McDonalds or any retail growth stock in history......plus, it's not even a great income year....plus the first quarter signaled that earnings will likely be above guidance......when US is consistently profitable, this stock will easily be worth $30 again....

    As for a 'discretionary income' stock....you should do your research....by about next fin year, almost half of revenue will be from Corporate/business accounts.....this being by far a faster side of the business growth than leisure travel

    Plus, not sure if anyone noticed but global issues seem to be abating, which will disproporationately add to discretionary incomes which were crunched by the sudden 'crisis'.....

    Yes, FLT remains a stock for the ages....and for those who picked up tasty morsels below $5, it will be a relatively few years that purchase price will be paid back in lovely divvies, with the franking credits just as a bonus
 
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Last
$21.92
Change
-1.090(4.74%)
Mkt cap ! $4.845B
Open High Low Value Volume
$21.65 $22.42 $20.98 $82.68M 3.785M

Buyers (Bids)

No. Vol. Price($)
1 124 $21.91
 

Sellers (Offers)

Price($) Vol. No.
$21.99 1740 1
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
FLT (ASX) Chart
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