I suspect I will enter FLT early this week.
I wrote a note to their investor relations as follows:
"To: Haydn Long
Sent: Fri Jan 30 14:47:56 2009
Subject: Investing in FLT
Dear Haydn,
I am considering investing in Flight Centre, and was wondering if the
company has become aware of any new changes to its circumstances or
outlook, or any further write downs that may impact its investment
portfolio and/or restricted cash - since its recent guidance provided
in a release to the market in mid December 2008.
Thankyou for your help"
To which I received the following response:
From: "Haydn Long"
Date: 31 January 2009 3:19:55 PM
To:
Subject: Re: Investing in FLT
Hi. Our half year results are out on 24 feb so you will hear more at that stage. As a public company we are legally obligated to report material changes to the market when we are aware of them. We have not made an announcement along those lines. Hope that helps. Regards, Haydn"
Very diplomatic - why can't people say "nothing new" !!!
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