FLT 1.56% $15.73 flight centre travel group limited

Dooms day value in FLT, page-39

  1. 3,510 Posts.
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    @Jimmy_C

    Beautiful, calm, objective analysis.

    "My read of the situation (judging from media articles, RBA, bank press releases etc.) is that there's actually a lot of solidarity / empathy right now for good businesses that have been mercilessly and unfairly crunched, so i'd be quite surprised if FLT's creditors pulled any triggers"


    FLT's creditors would receive a significant PR hit in this climate if they put 20,000 people out of work.

    Societies have a history of turning on debt collectors that become uncivilised in times of natural disasters and human tragedy. Anna Blight, Matt Comyn, et al know this.

    Debt collectors who become knee cappers will become the new enemy. Earn your keep Comyn, your business model is under threat. 100% online banks such as ING are watching.
 
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