FLT

0.35%

$17.04 flight centre travel group limited

Something to keep in mind, page-13

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JayWin

1,990 Posts.

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05/08/17

23:22

Post #: 26316042
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Originally posted by ciccos ↑

It might be tempting to sell FLT, but I'd think twice before you pull the trigger. As I've previously mentioned, current SP downward trend suggests 1, Market overreaction to the profit downgrade, and 2, Shorters are having a field day with this stock riding off the back of said news, and 3, selling due the EOFY nearing.

However, when the smoke clears, I maintain faith that FLT will be a great and opportunistic investment for LT holders. FLT has plenty of positives going for it, and enormous potential. Including; 1, The plethora of cash FLT is sitting on. 2, The upcoming dividends payout. due ~ September. 3, an aging population.

I personally believe that two sectors will strongly benefit from an aging population. They are Healthcare and Consumer Services (Travel, in this instance). What's the one of the first things a pair of retirees are going to do once they've received their pension? I believe it's to go and travel before they get too old, or too sick. I say this because my parents just finished booking a 3 month holiday all throughout Europe, and what medium did they do it through? Take a guess...FLT.

I've seen and heard a lot of doubt about FLT's LT strategy of being a brick and mortar store but I personally do not think this is a bad thing. Yes, it is relatively easy to book your own flights, accommodation etc through Airlines and Chain hotels individually via the internet. But I think this is more of a daunting experience for the older generation who aren't all that comfortable with even using the internet; let alone booking an expensive holiday online.

Even if this downward trend continues, I'd bet that we see FLT back over $40 by the end of the year.

Just my 2c.

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Vindicated!

Last edited by JayWin: Buy Held 05/08/17

FLT Price at posting: $45.47 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $17.04		Change 0.060(0.35%)		Mkt cap ! $4.754B

Open	High	Low	Value	Volume
$17.01	$17.18	$16.98	$15.49M	869.5K

Buyers (Bids)

No.	Vol.	Price($)
5	4172	$17.89

Sellers (Offers)

Price($)	Vol.	No.
$16.19	2474	5

View Market Depth

No.	Vol.	Price($)
1	234	41.360
1	499	41.350
2	3223	41.330
2	4967	41.310
2	5694	41.290

Price($)	Vol.	No.
41.380	1297	1
41.400	9976	3
41.430	2000	1
41.440	5520	3
41.470	8224	2

Last trade - 15.59pm 22/11/2024 (20 minute delay)

FLT (ASX) Chart

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