THL - Tourism Holdings

[Leftfield]

Watching the robot- HFT trades. They are hitting all shares that are currently "popular"
THl HLG and AIR have been attracting a lot of attention from these scalpers

Ssssoooo what do are we meant to conclude by this?

[Benny1]

Any feedback would be most welcome :-)

Hi iceman, sorry for the delay been a bit busy!

Grant Webster's address was actually pretty short sharp and simple, unfortunately not too much in there that was new info I'll try to wrap it up:

THL is largest RV company in the world, they are in NZ Aussie USA and small franchise operations in Sth Africa and Japan. They are very keen on growing the Chinese market at the moment.

Last year bought EL Monte in the USA - seems to be settling in well
They also bought about 25% ( I think) of Roadtrippers- online planning app, he sees that side of the business as a real growth opportunity going forward ..
Also want to develop their Mighway business- He basically described it as the Airbnb of the RV world. Private owners of RV's can rent their vans out to THL customers, with THL taking a cut, says it will be great if they can become profitable at this too!

Revised their FY17 NPAT to around $29.5m he did't elaborate on the reason for the increase too much I have a suspicion it is probably related to the USA business.
Goal is still to achieve $50m NPAT by FY 2020 says this is based on some quite conservative goals, so is quite achievable with their current plans.

Developing a Prototype electric Campervan at the moment, sees this as definitely the direction the automobile world is heading.

Talked a lot about the digital development they are working on to allow customers to pre-plan their trips, you can pick up your van with a pre-programmed trip itinerary already to go! They have a tracking trial under way in Aussie which records your whole trip. They know where you are and what speed you are doing etc at all times.
They can also send warnings to you if you are approaching a low bridge or service station awning etc. He said since they have had this system operational not a singe Camper van has had any damage from striking something too low!
Saves heaps on Repair bills!

So to be honest, not a lot of meat to his presentation but good to see they are on track, I would assume to meet the FY2020 goals there could be room for some more acquisitions?

Cheers
Benny 1
(disc: Small Holder. Want more tho!)

[percy]

Benny1.
Thank you.

[JeremyALD]

Watching with interest if it will crack $4.05 to $4.10 this week. It's got up to $4 a couple of times and fallen back so we'll see. Such a strong performer it is tempting to pick up so more but will wait to see if it breaks resistance

[Justin]

Thank you Benny1. Look like there will be self-driving and electric RV in the future soon.

[iceman]

Thanks for the titbits Benny1.
Good to hear profits are coming out of USA. I think Roadtrippers and Mighway are the little businesses within the group that will be interesting to watch and see if they can really make them work. They have good potential.
Interesting also about the digital development, the way the World is going.
They may even get an "open for business" loan from HBL to fund it. Now then we´d very well positioned eh Percy :-)

[percy]

Thanks for the titbits Benny1.
Good to hear profits are coming out of USA. I think Roadtrippers and Mighway are the little businesses within the group that will be interesting to watch and see if they can really make them work. They have good potential.
Interesting also about the digital development, the way the World is going.
They may even get an "open for business" loan from HBL to fund it. Now then we´d very well positioned eh Percy :-)

Certainly would be..lol.

[Yoda]

Watching with interest if it will crack $4.05 to $4.10 this week. It's got up to $4 a couple of times and fallen back so we'll see. Such a strong performer it is tempting to pick up so more but will wait to see if it breaks resistance

winning the Americas cup seems to have boosted the SP yesterday . . Maybe an expectation of a few more tourists to NZ as a result, and good all round publicity for NZ. large turnover yesterday, and it has been quite flat for the last 6 months. Looks set to rise with new highs. It looks to get to $4.50 in the next few months, and then there is the 5% div.
$5 by Christmas anyone ? or too optimistic..........

[see weed]

winning the Americas cup seems to have boosted the SP yesterday . . Maybe an expectation of a few more tourists to NZ as a result, and good all round publicity for NZ. large turnover yesterday, and it has been quite flat for the last 6 months. Looks set to rise with new highs. It looks to get to $4.50 in the next few months, and then there is the 5% div.
$5 by Christmas anyone ? or too optimistic..........

Good aye. And they can all fly AIR.

[JeremyALD]

winning the Americas cup seems to have boosted the SP yesterday . . Maybe an expectation of a few more tourists to NZ as a result, and good all round publicity for NZ. large turnover yesterday, and it has been quite flat for the last 6 months. Looks set to rise with new highs. It looks to get to $4.50 in the next few months, and then there is the 5% div.
$5 by Christmas anyone ? or too optimistic..........

If the US business has a positive outlook and performance then I think it's definitely heading there. The NZ business is on fire and bar a recession it will continue to do very well.