Agree zhanginu, the market is pricing in a pretty pessimistic prognosis all based on Turners ill-considered comments (IMO) regarding the market growth of 3% but FLT TTV grew only 2.7%.
I remember 10 yeas ago being told FLT was finished ...... and again about 5 years ago. The big mistake made by these prognosticators is that they always assume a static company ( like Dymocks when they were destroyed by Amazon) that stays the same and does the same old things the same old way until they go broke. That can certainly happen, and any company that lives in that sort of denial is not investable, BUT FLT is one of the types of companies that have always renewed and adapted dynamically.
FLT will ultimately do everything that website webjet does and much more but with scale, deep domain expertise, and a trusted brand.
AUD Impact, page-38
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Last
$17.31 |
Change
0.180(1.05%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.13 | $17.59 | $17.12 | $9.297M | 535.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $17.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.31 | 2075 | 20 |
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| Last trade - 12.19pm 28/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
