CTD - Corporate Travel Management

[corky]

Repeat after me: Never fall in love with a stock, never .....

But maybe today just a little kiss is appropriate?

Underlying NPAT up 41%, 20 -30% EPS growth forecast for FY15

SP all time high

Now where's my 'when to sell' book

[mark100]

Please don't remind me of this stock. I've had my chances...

[dingoNZ]

Had your chances? Its still charging with great expected growth. I've been watching this for a while now and am considering selling AIR to buy into this once it goes ex div.

Milford are a holder in their 'Dynamic' growth fund FYI.

[Joshuatree]

Got in @$5.12 (but forgot to top up).Its always expensive but always worth it sorta stock, global conquest ,feels like its pre ordained.Look at the 4 year chart, momentum plus, getting steeper with the odd dip to get on the express.

Mark this may be the only one I've snuck in ahead of you on so please remember:).Youve got an impressive track record btw esp with timing and choice.

[Joshuatree]

Very reluctantly sold this excellent stock today ; close to an all time high well above the 60 and 180 DMA. But want more cash on the side and IF Ebola spreads less people will be travelling, and see this correction extending for a while yet. I may not get another chance to climb aboard this company but I've made the right decision at this point in time.

[Toulouse - Luzern]

Nice chart for this one, good trajectory,

CTD featured at the Pie Funds Conference in AKL,

On my watch list since then, and plus 22% from March 2014

Confident and impressive presentation at the conference.

Watch and see ...

Business travel may be impacted much less than tourism...

Another very confident, impressive presentation that I rated best at the Pie Conference was by the CEO of VTG of Vita Group plus 49% since March 2014 ...

[DarkHorse]

Vita Group looks great value - I bought some a few weeks ago :)

[Joshuatree]

Hi DarkHorse ,VTG has its own thread. Be great if you did a summary for this stock:). Is it still not making a profit?

[DarkHorse]

Underlying NPAT of $10.3m FY14 -up of 66% (excl impairment of goodwill in Next Byte which led to a statutory net loss). Sorry I'm snowed under...thanks for the heads up on the thread - might post there when some exams are out of the way in a few weeks :) There was a write up in the PIE newsletter recently

[mark100]

http://www.sharetrader.co.nz/showthread.php?8789-VTG-Vita-Group-Ltd/page2&highlight=vtg

[dragonz]

Another great result and plenty of growth forecasted F19.

[Joshuatree]

Guidance for 15 to 20 % growth in 2019. Mkt sells off re 4.3%:mellow:

CTD 2018 Full Year Results Presentation (https://hotcopper.com.au/threads/4374239/)

[dragonz]

Guidance for 15 to 20 % growth in 2019. Mkt sells off re 4.3%:mellow:

CTD 2018 Full Year Results Presentation (https://hotcopper.com.au/threads/4374239/)


PE's a bit high but I noticed a few excellent results were dumped into. BAP and IEL to name a couple.

[dragonz]

The share price has reached an all time high today. :) Congratulations to holders

[dragonz]

And the ride continues. Smashed through $33 :t_up:

[Joshuatree]

The 10 year chart is a thing of great beauty.
​repeat I do not want what i cannot have, i do not want what i cannot have, i do not want what what i could have had, i want what i cannot have, i will have what i want..........

[winner69]

Could be interesting times as renowned shorter highlights lots of red flags

Non existent offices globally is interesting

https://www.smh.com.au/business/companies/troubling-picture-hedge-funds-target-local-travel-group-20181028-p50cip.html

[winner69]

Those VGI guys just don’t get it says CTD boss

Could be interesting times

https://www.businessnewsaus.com.au/articles/corporate-travel-management-rejects--misunderstood--short-selling-report-from-vgi-partners.html?utm_source=Business+News+Australia&utm_campaign=4e13f40bca-EMAIL_CAMPAIGN_2018_08_30_COPY_02&utm_medium=email&utm_term=0_cc7ab388bc-4e13f40bca-%5BLIST_EMAIL_ID%5D&ct=t%28EMAIL_CAMPAIGN_30aug+2018_COPY_02%29&mc_cid=4e13f40bca&mc_eid=%5BUNIQID%5D

[winner69]

Looks like VGI winning ...down 20% plus

[winner69]

SMH article

Wonder who’ll win or lose

https://www.smh.com.au/business/companies/by-the-shorts-how-this-company-wins-by-betting-on-failure-20181102-p50dny.html

[Joshuatree]

Yeah.What a mud slinging hatchet job ,very effective! Have two friends holding this one, luckily one bought around $2 and sold a few days ago around $20, still its a hit from re $30 plus.

[Joshuatree]

VGI have released their 2nd attack on CTD with another 50 page plus negative "research"piece. CTD gone into T/H whilst they prepare a response.. Who'd be an investor ehh?
Download Document 193.04KB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g%2B 5zxfyv%2FRt%2B7FiGug%3D)

[winner69]

Yeah.What a mud slinging hatchet job ,very effective! Have two friends holding this one, luckily one bought around $2 and sold a few days ago around $20, still its a hit from re $30 plus.

VGI increasing their short position

Think ctd management struggling to tell the truth


The fund sent a 52-page to investors last night claiming the group tried to "tap-dance out of trouble" over allegations of ghost offices overseas, thus "further misleading investors".

[Joshuatree]

Whoah , convicted already by w69.Far too early to tell who is misleading who here.

"CTD consolidated legacy offices which increases the profit due to less fixed costs, then a shorting Fund pontificates that the legacy offices do not exist , yet are still shown on CTDs website"

[winner69]

CTD getting stuck into VGI

Wonder where the share price will go now

https://www.asx.com.au/asxpdf/20181108/pdf/440384m03qgxn7.pdf

[Joshuatree]

A bounce back atp 8% plus up. Will watch what else VGI has to lob out.Bound to be more mud throwing imo.

[Joshuatree]

"EY has provided CTM with its preliminary observations with respect to certain issues raised by VGI and notes that VGI’s report is superficial. "
Download Document 657.28KB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g%2B 6yxT2v%2FRt%2B7FiGug%3D)

[winner69]

A bounce back atp 8% plus up. Will watch what else VGI has to lob out.Bound to be more mud throwing imo.

Outfits like VGI are evil eh JT

And punters say the market needs shorters ...they provide liquidity they say

[Joshuatree]

Evil if they've got it wrong and its just peanut butter:).Seesaw continues , s/p back down re 8% atp today.
VGI have re 2.5 million shares shorted.

[Joshuatree]

CTD (https://www.shortman.com.au/stock?q=CTD)

s/p bottomed atpit at re $20.05 now $23.44
3 directors notices buying up more
2 institutions becoming 55 holders including Bennelong

[winner69]

Huge increase in profit and share price takes off

Wonder what VGI are thinking now

[winner69]

Huge increase in profit and share price takes off

Wonder what VGI are thinking now

VGI put out a few papers questioning the robustness of the financials

And the virus helping VGI big time as well

Still short ...and CTD share price $12 something ....when VGI started their onslaught it was over $30

Fascinating