CTD is described by Simply Wall St as a « Big Green Snowflake ». Growing, dividend. But the market hates it. There was an earnings miss a few months ago that the market punished the stock for. There were two issues: a UK contract miss (guidance assumed zero earnings from it after the downgrade) and variance in US corporate travel spend. But the web traffic suggests consistent uplift. In contrast to stocks like KGN and AD8 where web traffic has dropped off a cliff (probably more relevant to KGN).

Shorts for CTD are 5% - what is the short thesis? Europe conflict? Pandemic? Other?

CTD was smashed on Thursday after releasing half year results.

Full year results were expected to double NPAT. Announced on Thursday that full year expected to be $40m less due to weaker December and a UK contract that didn’t yield expected revenue (I think the UK is a bit of a basket case atm for a few co’s).

Reported January showed more promise.

For a still growing company paying a dividend, a forward PE of under 20 and a chart that looks like this (taking into account COVID), I think it’s worth a look