When investing expert Scott Phillips has a stock tip, it can pay to listen. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. When governments around the world shut down travel in order to contain the spread of COVID-19, Flight Centre Travel Group (ASX:FLT) suddenly found itself on its knees. In total, Flight Centre has managed to raise $700 million from institutional and retail shareholders. Online platforms have been a cost-effective replacement for business travel and could be a permanent fixture.I think investors should keep an eye on the Flight Centre share price and wait for a clear idea of how the company will emerge after the pandemic before investing. While some investors believe Flight Centre shares are presenting a good buying opportunity, others believe it will take a long time for the stock to recover and some fear it may never fully recover. A one-off cost associated with re-accommodating customers due to the collapse of Thomas Cook was also mentioned in this announcement.The announcement made by Flight Centre and the subsequent share price fall are disappointing events for investors. The question is, what next?UK coronavirus LIVE: Glasgow lockdown restrictions to tighten as Covid death toll rises by threeAFL set to announce Queensland will host Grand FinalNSW dad appeals to Queensland authorities to 'base their decisions on science'Clara Amfo 'signs up' for Strictly Come Dancing 2020 as Radio 1 DJ 'one to watch'Revealed! Such a deal would be likely to give Flight Centre enough liquidity to weather the coronavirus … A company with a shorter history of success might be harder to trust in these circumstances.It is my view that FLT shares are a good buy at their current price, in comparison to what else is available on the ASX.Buying FLT shares is not without risks and changes in trading conditions could lead to some variance in the FLT share price. This comes despite total transaction volume (TTV) increasing. However, over the long-term, as Flight Centre grows internationally, so too should its share price, leading to what I believe will be good returns for investors.When investing expert Scott Phillips has a stock tip, it can pay to listen.
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Although entry requirements have been lower in the industry, Flight Centre has the capacity to tackle challenges from existing players and future entrants and maintain its dominant market position. *This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. Should you buy Flight Centre shares? Here's a discussion of buying shares during a market shock, wrapped up a Flight Centre result review. However, I’m not convinced the company will be profitable for a little while to come. Flight Centre as an investment proposition At its core, FLT’s business model is capital-light (depending on your view of operating leases) with relatively small tangible assets.

This is evidenced by a return on equity in excess of 20% over the past 10 years, achieved while maintaining low debt, and growing dividends. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. Flight Centre Travel Group Limited (FLT, formerly Flight Centre Limited) is engaged in travel agency business. For more information please see our The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214Nikhil Gangaram is currently studying dentistry, however, his first love is the stockmarket which he believes to be the greatest wealth generator in the world. Flight Centre initiated a significant $700 million capital raisingat a 27.3% discount to the last close price of $9.91 on 19 March 2020. Friday 19th December 2014. Flight Centre Travel Group Ltd. As a long-term investor I tend to pay attention to earnings trend, rather than a single number at one point in time. Although it is an evolving situation, domestic travel is expected to go back to normal in around 8 months while international travel will take a lot longer.With the company initiating a range of cost-cutting measures, TTV will likely not return to normal margins for a while with reduced foot traffic and less physical stores.

After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.


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