I been investing in Webjet for years, i am invested with quite a substantial amount.
I am quite dissapointed with their last announcement, and can't work out where to continue from here.. Is it time to bail out? Will they improve? What are the big stockbrokers saying?
What's been really bugging me for quite a while is, that a company with so many millions of dollars lying around in the bank for years, and such a strong and steady cashflow, can still not work out how to grow further from their current possition, and do not seem to be able to make a decent acquisition !
they seem to be just a bit too conservative for a very aggressive and forever developing industry, with so many competitors lurking around out there.
Has anyone spoken to them? what do they feel is there advantage above the rest, (something that will keep them ahead for years)
what's stopping a billion of dollars worth company like flightcentre from just slowly edging them out?!
WEB Price at posting:
$2.36 Sentiment: Hold Disclosure: Held
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