You wrote:
"Traditionally a growth company, FLT needs the USA to take off to continue growth at previous rates, as the Australian market has limited opportunity for FLT to grow much further".
Comment: That contrasts with a statement from someone who is familiar with FLT:
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" And first half 2003 results:
http://www.flightcentre.com.au/aboutus/investors/2002/presentation-2002.ppt
As can be seen, Australia is still by far their largest operation, and its revenue is still growing very fast. At present, Australia still makes up in excess of 50% of their revenue. Overseas, they are still minows".
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Comment: According to this, its revenue in Australia is "still growing very fast". I don't know if their margin may have dropped somewhat.
Gerry
FLT Holder, having bought shares in the middle of the SARS crisis and later.
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Last
$21.85 |
Change
0.410(1.91%) |
Mkt cap ! $4.826B |
Open | High | Low | Value | Volume |
$21.50 | $21.85 | $21.49 | $15.65M | 720.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 230 | $21.68 |
Sellers (Offers)
Price($) | Vol. | No. |
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$21.86 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 230 | 21.680 |
1 | 300 | 21.550 |
1 | 35 | 21.500 |
1 | 24 | 21.440 |
1 | 500 | 21.400 |
Price($) | Vol. | No. |
---|---|---|
21.860 | 500 | 1 |
21.880 | 8687 | 4 |
21.890 | 500 | 1 |
21.900 | 280 | 1 |
21.910 | 228 | 1 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
$21.80 |
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Change
0.410 ( 1.63 %) |
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Open | High | Low | Volume | ||
$21.49 | $21.80 | $21.49 | 2022070 | ||
Last updated 15.59pm 29/03/2024 ? |
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