I have owned ctd for about a year. I felt comfortable buying them, as the general mood amongst brokers and investors is that the corporate travel space is a good space to be in. This hasnt changed.
Since owning ctd, it has been a very volatile market. Ctd always chugs along though with little volatility. Every time they report, it is always good news. Good acquisition, more income, more profit, more growth.
I didnt get the bargain basement float price of $1, but bought in at about $1.65. In the last 12 months i have received two dividend cheques for about 4.5% plus healthy franking credits. It has also in this time, gone up 46%.
Lovely to have a consistent strong growth performer in my portfolio.
Doesnt get much attention on the thread, which is surprising given its growth.
To think, they havnt even reported yet. I think we might see $280 by xmas.
CTD Price at posting:
$2.43 Sentiment: LT Buy Disclosure: Held
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