I keep trying to get in... damn market maker is on holidays... I think it is a good buy.
(hehe- good buy that is.. NOT good bye!)
As for why the price is dropping - I can't answer for people's day to day machinations.
ROTA of 100m / 200m TA = 50% - excellent
Debt - 160m (about 30% unsecured) with 160m free cash = 0 - safety
NPAT revised guidance of 100m. - ok
Strong Management, Experience - good
Good Historic Growth - good
Interest cover - 25-30x EBIT - excellent
Strong cash flows - excellent
Liquidity of stock - ok
So, the question an investor needs to answer for this stock, is how much are you willing to pay for a vehicle that will bring you 100m p.a., with good growth prospects in the medium-long term. If that answer is 525m - 685m or less (depending on how you treat the cash), its a buy. If you subtract the cash from the market cap, I would treat it as a screaming buy.
I would call this company somewhere between 40-50% undervalued. Subtract whatever risk premium you see fit.
I have not been able to find much better, and am trying to enter.
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- if such a good buy, why is the price dropping
FLT
flight centre travel group limited
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1.78%
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$13.16

if such a good buy, why is the price dropping, page-2
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Last
$13.16 |
Change
0.230(1.78%) |
Mkt cap ! $2.866B |
Open | High | Low | Value | Volume |
$12.93 | $13.20 | $12.93 | $9.766M | 743.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 321 | $13.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.16 | 630 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1423 | 13.100 |
1 | 764 | 13.090 |
1 | 400 | 13.050 |
1 | 387 | 13.010 |
4 | 5076 | 13.000 |
Price($) | Vol. | No. |
---|---|---|
13.160 | 380 | 2 |
13.200 | 1090 | 4 |
13.240 | 3500 | 2 |
13.250 | 5445 | 5 |
13.290 | 200 | 1 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
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FLT (ASX) Chart |
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