THL - Tourism Holdings

[iceman]

I have been to a few presentations of Rob C over the years and had a couple of discussions with him not that long ago. I think Rob has a very active mind and is a master in delegating to and motivating others. Even if Rob is past his best, which I doubt, I consider him still as one of NZ best directors.
Go to one of his presentations, see if you still think the same.

I have been to a couple of Rob's presentations and agree with you Forest that he has done very well where he has been and I have been very pleased with the perfrormance of both SUM and THL under his stewadrship. But he is no super human and I do not think being Chairman of 3 companies on the NZX is the best for shareholders or Rob himself.

[Patient Panda]

What share programme are you guys/galls using as I would like to invest in a good but reasonable priced one? As I see lots of talk about shorts and longs and it does not make much sense without some sort of live viewing of what is happening at any moment in the stock exchange.

Most people here use direct broking or ASBs share trading platform but there are many others out there

[dodgy]

Hi Everyone,
I travel extensively through the States each summer and question El Monte RV hire participants - mainly German , French etc. and without fail they all report disorganised hire, RV problems,poor cleanliness and lack of service.....maybe this acquisition really drags on THL.
For this reason currently not a holder.
Regards,
dodgy

[Balance]

China tourism situation looking rather grim for NZ?

https://www.nzherald.co.nz/business/...ectid=12203232

"But for the big guns of the NZ tourism and travel industry the "postponement" is a major disappointment."

"MBIE forecasts made in May 2018 had forecast 512,000 arrivals from China in 2019. But for the year ending November, 2018, just 414,000 arrivals had come from China."

https://www.nzherald.co.nz/nz/news/a...ectid=12203209

But all is fine according to DPM & Foreign Affairs Minister Peters :

".... Foreign Minister Winston Peters said China and New Zealand's relationship was "excellent".

So all good, guys, get ready to buy up THL big time (if you are a NZF supporter, that is)!

https://www.nzherald.co.nz/nz/news/a...ectid=12203255

"Peters described the relationship with China as excellent which means either he is deluded or he is just doing what diplomats and politicians do - pretend that everything is fine until it actually is."

[King1212]

I remenbered before Peter took power, during the campaign..he was against the Chinese migrants...bloody racist fellow. Now, he got what he wanted...he can easily say all good in the hood. He was attacking business owner that advertised Chinese speaking staff...what a lunatic fellow...

[Balance]

I remenbered before Peter took power, during the campaign..he was against the Chinese migrants...bloody racist fellow. Now, he got what he wanted...he can easily say all good in the hood. He was attacking business owner that advertised Chinese speaking staff...what a lunatic fellow...

Anything to win votes - that's politics.

The big worry for NZ now is that we have an 'all cheesy smiles but no substance' PM with a bunch of socialist amateurs who are incapable of controlling the conniving Peters - THAT could be really bad news for NZ!

Not only a case of China tourist numbers under pressure as a consequence of the current poor state of NZ/China relationship, China investors had been investing in NZ companies like SCL, THL, CVT etc on the back of their big companies buying in. Would not surprised me if some of the sp pressure (on THL & CVT in particular) is as a consequence of them bailing out?

[winner69]

Hi Everyone,
I travel extensively through the States each summer and question El Monte RV hire participants - mainly German , French etc. and without fail they all report disorganised hire, RV problems,poor cleanliness and lack of service.....maybe this acquisition really drags on THL.
For this reason currently not a holder.
Regards,
dodgy

Could be why they said at the AGM that El Monte is performing below expectations and that El Monte’s earnings for FY19 are looking to be lower than FY18

Wonder how much lower?

[Balance]

Could be why they said at the AGM that El Monte is performing below expectations and that El Monte’s earnings for FY19 are looking to be lower than FY18

Wonder how much lower?

Just wondering aloud - could the market be anticipating a rights issue now that the sale of some assets is not going through and THL has been using debt to pay part of the dividends in the last two years?

Will be a prudent thing to do to provide cushion in case of a sustained downturn.

[winner69]

Just wondering aloud - could the market be anticipating a rights issue now that the sale of some assets is not going through and THL has been using debt to pay part of the dividends in the last two years?

Will be a prudent thing to do to provide cushion in case of a sustained downturn.

Do a real big capital raise (more than they need) when they do the acquisitions they keep teasing us about

[winner69]

Remember Rob at the AGM quoting F Scott Fitzgerald as saying “vitality shows not only in the ability to persist but the ability to start over”. That captures what we are trying to do he said

And as Bon Jovi said 'keep the faith'