Webjet – Algo Buy Signal

Webjet is under Algo Engine buy conditions and see buying interest building, despite the impact of Thomas Cook going into compulsory liquidation.

FY20 revenue should increase by 20% to $440mn, EBIT 20%+ to $138mn and the effective dividend yield will move to 3%.

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Buy Webjet $10 – $10.50 price range.

 

 

 

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