Re: FLT - Flight Centre
This has to be the most sobering news for Flight Centre in a while. Imagine if booking a flight becomes as simple and fast as doing a Google search.
Google acquires ITA
JVC Everio SD Card Video Camera
Silly old aussiestockforums won't let me post a link so you'll have to copy-n-paste yourselves:
harveynorman.com.au/product/1255509273838/jvc-everio-s-video-camera
I told the JBH guy the price at HVN and he said they couldn't match it.
I now have two...
The textbook FCF calculation (for Australian Equities) according to FINSIA is:
EBITDA
- Tax on EBIT
- increases in working capital
- capital expenditure (capex)
= free cash flow
Some more documentation on DCF Valuation can be found here.
I went to buy a video camera on the weekend. I started my search in JB Hi-Fi (JBH) because I've always found the staff to be knowledgeable and have good deals. The camera I want was listed at $398 and the sales assistant said they could do it for $367. He was not at all knowledgeable or helpful...
Cannot resist a Simpson's quote here. The one when Homer attends a "Million$ for Nothing" seminar and the dodgy presenter confides:
"First, let me assure you that this is not one of those shady pyramid schemes you've been hearing about. No sir. Our model is the trapezoid!"
I think the StockVal team has a great investing philosophy and most of what they do is spot on.
However, in investing (as in most other fields) there is no silver bullet. I am instinctively wary of some "mathematical formula" as the key to investment success.
My take is that successful...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.