Your right it could be cyclical conditions in which case all I have modelled is the business through the tough part of the cycle (they haven't been listed that long so thats all we have to go buy). That should still be factored into valuation - for 40x earnings I want a business with a very long runway of uninterrupted organic growth where the outcome is 100% within the control of management rather than dependant on things outside their control (like the share price staying high). I think at the current valuation I can afford to wait until I see real organic growth emerge in the numbers.
I dont disagree that the roll-ups can keep going either. They have less than 1% market share in the US so they aren't going to run out of targets anytime soon.
- Forums
- ASX - By Stock
- CTD
- Why I passed on CTD.
CTD
corporate travel management limited
Add to My Watchlist
1.43%
!
$14.92

Why I passed on CTD., page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$14.92 |
Change
0.210(1.43%) |
Mkt cap ! $2.183B |
Open | High | Low | Value | Volume |
$14.71 | $14.96 | $14.56 | $4.692M | 316.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2250 | $14.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.94 | 2888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31 | 15.820 |
1 | 99 | 14.850 |
2 | 270 | 14.500 |
2 | 3037 | 14.000 |
1 | 650 | 13.790 |
Price($) | Vol. | No. |
---|---|---|
14.020 | 4 | 1 |
14.720 | 205 | 1 |
14.750 | 180 | 1 |
14.800 | 400 | 1 |
14.920 | 1930 | 3 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
Featured News
CTD (ASX) Chart |
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online