FLT 0.69% $17.51 flight centre travel group limited

I've saved all our posts, Feeny. Filed away and used to...

  1. 60 Posts.
    I've saved all our posts, Feeny. Filed away and used to cross-check my own analysis. I think we are on the same page.

    I learnt alot about this biz from some Fundies I did some work experience with earlier in the year. They are holders at a MUCH higher average buy price. Before then, I'd never really looked at it. They run a value style fund.

    I started buying at $7.70. It kept falling, and I figured the value was getting better and better. I bought all the way down to $3.70, and part of the way up again. Average buy price ended up $5.70. I think they call that conviction in your investment case. Or lunacy. Larfs.

    I build conservatism into my analysis and on that basis I make circa $15 a conservative estimate of what I think an educated buyer would try to take out the business at today.

    That's where I think they'd have to start...not the price at which they'd get it. :-)

    Medium term...on the back of Liberty being turned around along with overall earnings, I agree that $20 would not be overly optimistic at all.


 
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Last
$17.51
Change
0.120(0.69%)
Mkt cap ! $4.754B
Open High Low Value Volume
$17.48 $17.62 $17.31 $12.57M 718.7K

Buyers (Bids)

No. Vol. Price($)
3 8551 $17.51
 

Sellers (Offers)

Price($) Vol. No.
$17.52 38 1
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