FLT 2.16% $17.50 flight centre travel group limited

Priced like it is doomed, page-12

  1. 5,363 Posts.
    lightbulb Created with Sketch. 50
    Motley Fool is offering inconsistent advice on Flight Centre.

    This article on 24 June when shareprice ws $35.55

    http://www.fool.com.au/2015/06/24/has-flight-centre-travel-group-ltd-lost-its-mojo/

    "While investors were happy to pay a close to 20x P/E for the stock before, the more appropriate multiple could be 12-13x. This suggests Flight Centre may only become a value buy under $30."

    and this on 22 April when the shareprice was $41

    http://www.fool.com.au/2015/04/22/why-flight-centre-travel-group-ltd-is-a-bargain/

    "
    Many value investors will take a brief look at travel agent Flight Centre Travel Group Ltd’s (ASX: FLT) share price of more than $41 and a stated P/E ratio of 21x and bypass the company.
    That could be a huge mistake."

    Can the writers at Motley Fool explain their inconsistent (almost bipolar) commentary?
 
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$17.50
Change
0.370(2.16%)
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1 507 $17.49
 

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$17.50 1126 15
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