May 2021

Stock I'm watching this month:-

CTD - Corporate Travel Management Ltd

Sector: Consumer Discretionary  
Market Cap: 2.94 Bil
Price/Earnings: N/A
Price/Book: 3.59
Return On Equity: -11.46%
Return On Assets: -6.85%
Debt/Equity: 6.28%

Reasons to watch: CTD manages travel services for the corporate sector. Due to COVID 19, travel related companies had been sold off aggressively (however has rebounded since then) due to the decline in travel. With the vaccine roll out globally there may be a light at the end of the tunnel if travel resumes.

Risk: The COVID pandemic seems to be unstoppable. Even countries that have initially stopped the spread are seeing second and third waves of infection with mutated strains of the virus. 

Sentiment: Hold 
Disclosure: Held
Current Price: $21.55
My Strike Price: $20 (Morningstar Intrinsic Value: $20.92)


Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.

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