WEB web travel group limited

Ann: Goldman Sachs Presentation, page-10

  1. 2,448 Posts.
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    It's going back to fair value. CTD has been punished similarly to WEB recently and was up over 6% today on no news. CTD's EBITDA to MC valuation as at yesterday was 19 versus WEB and FLT's 15. At that valuation, the market is practically dismissing any future growth.
 
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