Easy Trip Planners (Easemytrip) – An outlier in OTA

for a company which is

• 99% dependent on service fees charged from customers, and all revenue only from Airlines

• Losing market share the moment they started charging service fees

• in a slow avaiaton growth scenario ( 5% is q4 domestic growth)
• trying to get in to corporate which is a very long cycle and extremely competitive
• buying hotels from the money generated which is cyclical as well as a very different business to run
• has almost nil interest from any of the mutual fund in India except LIC
• has no interest from FII barring one
• will continue to lose share in domestic Aviation OTA market purely because of behemoth like MMT and 5-8 more OTA apps becoming stronger
• EVen indigo is going DIRECT way breaking parity as well attracting people to their own app

Easemytrip will have disastrous Q4 results, would be losing market share.

unsure why this stock is valued at what it is valued at:)