What is the market expecting tomorrow ?, page-75

Hi TH, yes it is something to ponder about. Previously I've pondered and deliberated too much before buying, so now when I see an opportunity I make the purchase.

Regarding Thomas Cook, in short, I don't see them going bankrupt. Business may slow, growth may grind to a halt, but they will still be a huge travel agent. They may be peanuts here but they're huge in the UK and Europe. They're recapitalizing now, and the $1b recapitalization with bondholders, the banks and Chinese investor Fosun, will enable them to continue being a going concern.

Web Beds is the primary reason why I'm invested here, and as long as the growth there continues, everything else is a bonus. Rezchain's early success is very impressive to me, and I am happy that they continue re-iterating their 8/4/4 target.

I initially bought into the company to have some skin in the game first. Now that I've followed the last 3 reports a little more diligently (due to having actual at risk dollars in Webjet), I've grown to appreciate a lot more of what management are trying to do. I'm particularly surprised with how much they continue to grow as a business, when all the other tour and travel stocks seem to not be travelling along as well.

Regardless, I believe this company is rather undervalued and this week may give me another chance to continue accumulating on this inefficient market.