CTT 5.38% $1.06 cettire limited

the luxury e-commerce sector, page-44

  1. 1,904 Posts.
    lightbulb Created with Sketch. 884
    Zac...Every International Fund Manager will measure his performance against the various
    Morgan Stanley Capital International Indices MSCI's ...These indices have been in use for many many years measured in US dollars ..so a fund Manager in Australia would have to convert the US dollar index to an Australian dollar index..measuring the difference between currency performance and equity performance ...The gist of it is that ..small International stock Funds from all countries world wide ..will have to include many of the shares in the MSCI small cap index ,the medium sized Funds would do the same for their index and the large sized Equities accordingly...so in conclusion CTT is in a strong discovery phase in a major Index ....considering that many funds have a Small Shares portfolio they will be inclined to at least Review all the new additions ...now CTT will be one of the few with huge revenue expansion and projected profits so we will see a strong growth in Revenue and EBITDA ...earnings less costs or ( Earnings before Interest ,Tax ,depreciation and Amortisation ).

    CTT is the favourite type of shares of a Investment Manager interested in Growth Stocks...CTT has also a very large bank account,no debt and a very low cost structure. Fear of inflation coming back is an area of concern for all investors ..Fortunately CTT specialises in high quality ,highly priced international brands giving protection against inflation , as price adjustments during inflation are made it will not affect the behaviour of buyers of high quality brands in which CTT deals. Buyers of the high Quality Brands from various countries and currencies provide a strong level of diversification in currency and different Economic structures of different countries which again provides built in insurance to an investor with tremendous natural diversification in revenue flows.

    Overall I believe in due course CTT will become a favoured Australian share for International Fund Managers who are Investing from countries all over the world into share all over the world...Especially in the many many small shares Funds out of London, Boston,Paris ,Germany and Switzerland and the many other countries and of course the Small Shares Funds in Australia overall in due course millions of shares will be purchased by the very large number of international small share funds and the Domestic small share funds.
 
watchlist Created with Sketch. Add CTT (ASX) to my watchlist
(20min delay)
Last
$1.06
Change
-0.060(5.38%)
Mkt cap ! $402.2M
Open High Low Value Volume
$1.13 $1.14 $1.01 $11.62M 10.85M

Buyers (Bids)

No. Vol. Price($)
1 10933 $1.06
 

Sellers (Offers)

Price($) Vol. No.
$1.07 52766 2
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
CTT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.