(11-11-2020, 01:19 AM)LP link Wrote:They come from a base that's lost billions / trillions!

At the moment, it's a bit like buying a $100 lottery ticket, and celebrating that it's won $5.

(11-11-2020, 04:55 AM)ElwoodBlues1 date Wrote:Corp Travel Management(CTD) went down to around $4 during Covid and is around $20 now....thats a 5 bagger, not many investments where you can make 5 times your initial investment in such a short space of time. Like I said thats based on sentiment and confidence, nothing practically has changed for the company to justify that rise other than a feeling travel will return sooner than later and that the economic landscape will be steady as Thry suggested.

(11-11-2020, 05:23 AM)LP link Wrote:Meh, it's a good story, I don't know enough about CTD. But if they are like the entities I've used for brokering corporate travel or offering security and advice I think they are more comparable to the regional / local vendors than a monolith like a Qantas, Virgin or Singapore Airlines owned booking agency. A new business jet appearing in the market can boost a boutique company or division, and won't even deliver a ripple to the big boys, reminds me of the rumours surrounding Boom boosting Little's fortunes with his boutique terminal project.

(11-11-2020, 05:39 AM)ElwoodBlues1 date Wrote:CTD have a market cap of 2.33 Billion which compares to Flight Centre @around 3 Billion.
You would have doubled you money on Flight Centre and Webjet if you had bought in at the Covid lows.....so CTD was the favorite travel stock with punters.

(11-11-2020, 06:04 AM)LP link Wrote:Fair enough EB1, but again you can find those that profit relative that those who don't.

If a Flight Center shareholder bough in a year ago today, at this moment they've lost 80% of their money, the reports paint them a Rembrandt using their own blood! Most of these losing and Mum and Dad investors, people who can't afford the loss, they probably bought in off the back of identical booster language a year ago!

(11-11-2020, 06:29 AM)Thryleon link Wrote:Yep.  I missed FLT at 9.80.  Im not interested in it after it started to run, and I am staying away as their next couple of years will be turbulent and they are raising capital to stay solvent.

It could go pear shape, and its why I chose them as the example of just how much sentiment can flick on hopes and dreams, let alone stability and a certain future.

I am not interested in getting bags.  I poured roughly 20k into the asx since march as i recognised an opportunity, and I avoided consumer discretionary, info tech, and travel like the plague.

Where did I go heavy?  Oil, and financials.  Completely smashed for no reason, pay dividends representing ROI, and will get back eventually.

2 to 3 years tops and if I can triple my cash Im good. 

(11-11-2020, 07:20 AM)PaulP link Wrote:https://www.foxsports.com.au/afl/sam-newman-slammed-over-vile-tweet-about-joe-biden/news-story/8d0b61312259f88fe4f03e811a3f2dcc

Yep, a class act right there.