Flight Centre

Flight Centre is a good business and we’d been giving it a bit of leeway towards the end of last year, as it hovered just above our price trigger for a downgrade to Take Part Profits. But a 13% surge so far this year has now forced our hand. It’s hard to know where Flight Centre sits in the current market surge. It may be that people expect an improved global economy to help earnings – which it would, but we’re not there yet. More likely it’s just that investors are looking at Flight Centre’s hefty free cash flow...

Flight Centre is a good business and we’d been giving it a bit of leeway towards the end of last year, as it hovered just above our price trigger for a downgrade to Take Part Profits. But a 13% surge so far this year has now forced our hand.

It’s hard to know where Flight Centre sits in the current market surge. It may be that people expect an improved global economy to help earnings – which it would, but we’re not there yet.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.

OR

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Related Articles