FLT remains well below its pre-COVID levels and it’s a business still looking forward to better trading conditions in the future but as we wrote previously it’s a turnaround story that’s taking longer than many hoped/expected – we prefer CTD in a market that’s unforgiving to anything but the top quality businesses.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM is neutral FLT
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