THL - Tourism Holdings

**sb9** · 24-02-2016, 02:48 PM

Originally Posted by bull....

it has risen from 2.20 odd to 2.60 in 20 days before this announcement so it is no wonder profit taking will occur

With continued selling pressure currently seller at $2.39 less 9c div, is the fair value $2.30 or less which is close to where it started originally from $2.20.

**vin** · 25-02-2016, 10:02 AM

Frustrating see this decline

**sb9** · 25-02-2016, 10:13 AM

Originally Posted by vin

Frustrating see this decline

Well, someone wants to take profit so I guess until they finish selling won't see much happening on the upside.

**sb9** · 25-02-2016, 01:20 PM

1

20

12:12:38 pm

235

468,200

$1,100,270

Off Market

I think we might see a SSH notice soon.

**vin** · 25-02-2016, 01:57 PM

Meaning an acquisition??

**sb9** · 25-02-2016, 02:50 PM

Originally Posted by vin

Meaning an acquisition??

No, its the big boys share holding changes (Substantial Share Holder - SSH) like instos ACC and Milford etc. Whenever there are moves of larger than 1% in their holdings they are required to file one of these with NZX.

**vin** · 25-02-2016, 02:51 PM

Ok im with ya, cheers

**sb9** · 25-02-2016, 04:18 PM

https://nzx.com/companies/THL/announcements/278336

There we've it, one of senior managers sold today on market 250,000 shares. So, I guess some of directors and senior managers might be realising some gains.