This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

FLT - Flight Centre Travel Group

Jump to new
Re: FLT - Flight Centre


I posted the article because it was in mainstream media, didnt mean to offend anyone with its authenticity.

Prawn, why are you waiting for an "entry below $8"? You stated just 2 wks ago that you "missed picking these up under $9" with a beside it.

What has changed in the last 2 weeks?
 
Re: FLT - Flight Centre


No offence taken at the posting, just at the article itself

Nothing has changed in the last couple weeks, im just being cautious as i slowly drip feed some money into the market. I think buying at these levels is fine for me with 5+ year view however that doesnt mean i cant try and get an even better entry, as im still a bit cautious of the whole macro economy
 
Re: FLT - Flight Centre

Damn those articles stuff up my purchase.. I'm slowly accumulating FLT a thousand shares at a time every time it
goes below $8 ...don't worry it no doubt sunk below $8 again sometimes in 2009 when things are set to get much worse.
 
Re: FLT - Flight Centre

The article didn't offend......in fact is pretty relevant to showing why the stock jumped more than 10%...I just wanted to rant about one of my pet gripes that quality financial press pretty much comes from no where but the AFR.......maybe Business Spectator

The article theoretically put 1000's of hypothetical dollars into many pockets on this forum......but I get the impression many more want the SP to tank even further to suck up more honey.......hehehe......ROE, I sure wish I was working in 1000 share lots at this time.........In what has been a brutal last year at times, I'm wearing many bruises but have made many good plays too......I am weary and am allocating capital more carefully these days........hehe

For those wanting more SP weakness, my experience with situations like this is that the SP will give back the gain (and more) in the next one or two trading days.......FLT earnings are in decline this year so the SP should not run off too soon...
 
Re: FLT - Flight Centre

Hi all, what do we make of the hammering FLT has been taking for the past few days.

Do we see any silver lining to this dark cloud.
 
Re: FLT - Flight Centre

Entered this stock today as a TRADE only .nice low % loss on MY stoploss point.....go FLT for all the rest of yas
 
Re: FLT - Flight Centre

Hitting new 5 year lows. How much further can it fall? Perpetual are still buying up fairly heavily, and a vast % is held by management and insto's
 
Re: FLT - Flight Centre

prawn_86 said:
Hitting new 5 year lows. How much further can it fall? Perpetual are still buying up fairly heavily, and a vast % is held by management and insto's
Click to expand...
Travel industry is going into a tailspin at the moment. The next 12 months will see a lot of people shaken out, but you'd expect FLT to be the one picking up the pieces. Maybe.

Yielding 15% on a pe of 5.

Some pain in earnings factored in to the current price.
 
Re: FLT - Flight Centre

Getting closer to 10 year lows!

Not alot going for it on the current climate.

Figures are very solid and only a small amount of debt.

I got caught in this one when the earnings downgrade came through recently and triggered my buy. Holding at an increasing loss for now.

Tempted to average down, but it may get cheaper yet..
 

Attachments

  • FLT.gif
    12.4 KB · Views: 80
Re: FLT - Flight Centre


Yeh, i really really like these guys as a long term investment, but havn't bought yet, due to lack of funds, and i just dont know how much further it can/will fall.

Even if earnings fall 30% then thats still a 10% yeild at current prices. And i agree that some earnings falls have already been factored in.

In the latest annual report it states cash and cash equivilants at $740 million. Current MC is approx $690 mill, so already trading below cash value.

They state total equity as $604 million, so perhaps that figure will provide a floor? Or perhaps people will continue to panic, but they will still make a profit of some sort this year.

Crazy times indeed....
 
Re: FLT - Flight Centre

soon it be one of my big holding...i gone through their books many times over pass week and if I got this wrong I'm no longer fit to manage my own money...but **** do happen even at best of time so who know.

The incredible +ve cash flow this baby generate it's scary..based on current market cap

It wipe everyone out before it do any damage to FLT and they will increase market shares once thing start to gather pace.

I'm average down till i'm out of cash then If it continue down I off load my other holding to buy more
 
Re: FLT - Flight Centre

As previouly posted .... a bewt of a low % loss on stoploss points at these levels and yes i have looked at its numbers also but not in it for investment .trade only
 
Re: FLT - Flight Centre

captluthra said:
Hi all, what do we make of the hammering FLT has been taking for the past few days.

Do we see any silver lining to this dark cloud.
Click to expand...

Be greedy when others are fearful and be fearful when other are greedy

after you done your research of course
 
Re: FLT - Flight Centre

nunthewiser said:
As previouly posted .... a bewt of a low % loss on stoploss points at these levels and yes i have looked at its numbers also but not in it for investment .trade only
Click to expand...

So are you long or short for your trade nun?

If you are long i assume you are close to being stopped out as you entered the trade yesterday?
 
Re: FLT - Flight Centre

prawn_86 said:
So are you long or short for your trade nun?

If you are long i assume you are close to being stopped out as you entered the trade yesterday?
Click to expand...

Long m8 and yes it came close to stop out point earlier in day but has not as yet taken me out ....... hey if it hits stop so be it .......... just pointing out a trade with a low % loss factor on entry if trade goes wrong

ps

LOL as typing this it is back at its lows

blessem....bleeding markets

lol
 
Re: FLT - Flight Centre


LOL. I was just wondering thats all. Im not really a short term trader so i dunno how you guys can pick those sorta things often enough to turn a profit :
 
Re: FLT - Flight Centre

prawn_86 said:
LOL. I was just wondering thats all. Im not really a short term trader so i dunno how you guys can pick those sorta things often enough to turn a profit :
Click to expand...

Often trades support lines , prefer entrys with a nice low% loss on definative previous supports ..... i do ok ..... this is NOT the only methods i use , scan for breakouts/abnormal vols /supports/etc

plenty ways to make a quid ( or lose one )


still tho i wouldnt suggest any one follow my methods, was merely pointing out one of them on this trade


bleedin market
 
Re: FLT - Flight Centre

ROE said:
Another 1000 shares at $6.80 keep bleedin
got a few more average to go yet...
Bring it on

How low can this baby go ...
Click to expand...

Maybe $5 but I will get my final parcel before that.

I think they have been way oversold, and they owe me $7.87
 
Re: FLT - Flight Centre

ROE said:
Another 1000 shares at $6.80 keep bleedin
got a few more average to go yet...
Bring it on

How low can this baby go ...
Click to expand...

Can you spare me 500 shares ROE?

Gundini said:
There is so much work for them to do, and with Govt. spending on infrustructure, this stock seems very fair value.
Click to expand...

How will infrastructure spending help them? Domestic travel?
 
You must log in or register to reply here.

Similar threads

E
WJL - Webjet Group
2
Replies
26
Views
4K
Ferret
VGN - Virgin Australia
Replies
10
Views
1K
Dona Ferentes
A Sure Thing?
2
Replies
36
Views
3K
farmerge
THL - Tourism Holdings Rentals
Replies
11
Views
4K
finicky
Canada the Brave
2 3
Replies
55
Views
6K
mullokintyre
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...