Oct 16, 2022Liked by Stephen Clapham Equity Analyst
Hello Steve! Glad to subscribe. I would like to highlight a travel tech company which has continued to underperform despite having a moat and toll gate like business model - I am talking about Sabre Corp #sabr - one of the leading GDS provider. Understandably the stock has suffered and underperformed due to muted corp travel recovery (where they make majority of their fat margins) - however the monthly data shows continues improvement on biz travel and they expect fcf positive by year end. Appreciate your thoughts on this area
Hello Steve! Glad to subscribe. I would like to highlight a travel tech company which has continued to underperform despite having a moat and toll gate like business model - I am talking about Sabre Corp #sabr - one of the leading GDS provider. Understandably the stock has suffered and underperformed due to muted corp travel recovery (where they make majority of their fat margins) - however the monthly data shows continues improvement on biz travel and they expect fcf positive by year end. Appreciate your thoughts on this area
Looking forward to this Steve! Cheers