11-11-2020, 05:23 AM
(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.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.
"Ruck, ruck, ruck, ruck ....... Ruck, ruck, ruck, ruck"

