"might be a good time to short the granddaddy of all travel stocks flt about now"
Hey Baraka, you might want to take a closer look at the announcement. WTF says "The flights business is continuing to grow strongly". And this is on top of 17% growth in FY13, I would have thought this is a positive for those in the flights business, FLT included.
It is the hotel accommodation business where TTV is hurting amidst what they describe as an 'extremely competitive' marketplace. Here comes the acid test for WTF. What is their competitive advantage, because now is when they need it most.
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- poor result wtf !!!!
"might be a good time to short the granddaddy of all travel...
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