"The Don" won his court battle on the Muslim country ban list right ? Fallout from his waging war on all trade fronts (even with his former allies) to hit tourism into the U.S. ?
Posted just 4 days ago at $6.50.
Big break down through the 100 day MA which is $6.30 now to $6.10. Its had a marvelous run these last few years..market perhaps starting to wonder if there isn't at least some small element of cyclicality to THL's earnings ? http://www.4-traders.com/TOURISM-HOL...92/financials/
I don't think its expensive per se, but in a risk off environment I guess some might ask are their earnings as resilient as more defensive stocks ?
Last edited by Beagle; 13-07-2018 at 10:38 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Posted just 4 days ago at $6.50.
Big break down through the 100 day MA which is $6.30 now to $6.10. Its had a marvelous run these last few years and is priced pretty much for perfection...market starting to wonder if there isn't at least some small element of cyclicality to THL's earnings ?
Ouch - just looked at market depth - hardly any buyers left.
I guess - sure they might have peaked, but lacking any announcement - what is going on?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Ouch - just looked at market depth - hardly any buyers left.
I guess - sure they might have peaked, but lacking any announcement - what is going on?
I edited that as its not priced for perfection on a forward PE of mid 16's but I guess its just the whole political environment at the moment BP. Will trade wars expand into tourism wars and if global markets turn bearish do people cut back on expensive holidays a bit ? A decent family holiday in a THL camper in the South Island for say 10 days is not a cheap exercise for a family.
Last edited by Beagle; 13-07-2018 at 10:43 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Posted just 4 days ago at $6.50.
Big break down through the 100 day MA which is $6.30 now to $6.10. Its had a marvelous run these last few years and is priced pretty much for perfection...market starting to wonder if there isn't at least some small element of cyclicality to THL's earnings ? http://www.4-traders.com/TOURISM-HOL...92/financials/
I don't think its expensive per se, but in a risk off environment I guess some might ask are their earnings as resilient as more defensive stocks ?
Possibly, but $8+ would be a better chacterisation on priced for perfection. At $6.10 they have a market cap of $751m. With a stated couple of year goal of $50m of profits that's a forward PE of 15. Perfection - no. Meeting stated goals - yes
if you consider china cant match us tarriff , they have to use other measure. in sth korea they asked people not to go to sth korea it had huge impact on tourism so ya get the idea in us have big impact in us for rv rentals
Originally Posted by Balance
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