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  1. #3671
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    The Government borrows at near zero and is lending to them at usury rates in the current environment.
    But the govt takes the risk. If AIR defaults it's the govt that will have to pay back the loan.

  2. #3672
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    Quote Originally Posted by macduffy View Post
    THL CEO featured in an interesting interview with Jack Tame in the last segment of today's Q and A programme on TV1.
    Is good interview

    thought you might be interested in this, check it out on TVNZ.

    http3s://www.tvnz.co.nz/shows/q-and-a/clips/the-shutdown-could-provide-a-reset-for-the-tourism-industry-tourism-holdings-ceo
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3673
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    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

  4. #3674
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    Excellent interview. Thank you

  5. #3675
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    He says they have strong balance sheet so must be true

  6. #3676
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Gerald View Post
    He says they have strong balance sheet so must be true
    ...and headroom to borrow heaps more

    Must be true
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #3677
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    What could possibly go wrong ?
    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

  8. #3678
    Membaa
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  9. #3679
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    Have thl directors always been paid in shares instead of cash?

    http://nzx-prod-s7fsd7f98s.s3-websit...088/320132.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #3680
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    Quote Originally Posted by winner69 View Post
    Have thl directors always been paid in shares instead of cash?

    http://nzx-prod-s7fsd7f98s.s3-websit...088/320132.pdf
    Bet the directors wish they did this when the price hit 55c!

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