bought this and keeping it for long.......its in the XTX index and one of the under performers due to C-19, but like you said it will fly and reach new heights once restrictions are lifted.
The company is cashed up with 2 CR's, Competition will be less with closure of smaller, non profitable companies. New entrants need time to establish and settle. People would want to travel after C-19, this is a $54b industry. People would have additional savings to spend on travel. Airlines and accomodation would give good deals to revive the industry, which benefits WebJet to make more sales
I don't mind doubling up under $2.92-$2.85 range....IMO. DYOR
To start of with, I have model the stock price (intrinsic value) assuming that once the C-19 restrictions are lifted, we will at-lease cash flow similar to 2019 (low range) and get a SP of $6.43
Growth rate %=
80
1
year
2
1
2
3
4
5
6
7
8
9
10
3
Cash Flow
13
23.4
42.12
75.816
136.4688
245.64384
442.158912
795.886042
1432.59487
2578.67077
4
NPV Discount 12% rate
0.8929
0.7972
0.7118
0.6355
0.5674
0.5066
0.4523
0.4039
0.3606
0.322
5
NPV=
11.61
18.65
29.98
48.18
77.43
124.44
199.99
321.46
516.59
830.33
6
7
8
Intrinsic Value
2,178.67
9
Outstanding shares
339
10
11
12
Intrinsic Value /SP
$6.43
WEB Price at posting:
$3.00 Sentiment: Buy Disclosure: Held
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