I think I am the lucky one by following thl so early that this company make my retirement came so much earlier. In the 30s. I am still a believer holder but with much smaller position now but waiting on direction on sideline
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I think I am the lucky one by following thl so early that this company make my retirement came so much earlier. In the 30s. I am still a believer holder but with much smaller position now but waiting on direction on sideline
Rupert .....Thl share price not collapsing because of that virus
No worries here
LOL Winner.
I can foresee some VERY cheap deals on campervan hire this Autumn.
Australia day has the Australian market closed. 99% of Aucklanders are at the beach or on holiday...if it weren't for that...
https://www.stuff.co.nz/business/119...-are-cancelled
"England-Hall said areas traditionally popular with Chinese New Year visitors - such as Queenstown, Rotorua and Milford Sound - would be hardest hit by the decision to halt tours.
One New Zealand hotel chain has already lost bookings from about 800 Chinese guests after 20 tour groups cancelled over the weekend.
General manager of the Scenic Hotel Group, Brendan Taylor, said the outbreak of the virus would have a dramatic impact
"The timing of it would not have been worse."
"Being Chinese New Year the impact is pretty large on everybody."
There might be an opportunity for normal Kiwis to visit these places now. I avoided places like Queenstown so far like the plague due to the overrun by overseas tourists, and others might have done the same.
And while I am unlikely to rent a camper van (hate these thing as well), there might be some additional business for the local hotels and restaurants ...
Well, assuming people start panicking there might be at some stage a chance to buy some good shares at a discount. So far however I don't see the panic, but if it occurs I would not put THL into this category.
No virus will rid them off their unsold overhang of camper vans and no virus will change their risk related to investing hugely into software without understanding it.