THL - Tourism Holdings

[LAC]

http://www.nzherald.co.nz/business/n...ectid=11638705

This can only mean good things for THL in the long term.

[sb9]

http://www.nzherald.co.nz/business/n...ectid=11638705

This can only mean good things for THL in the long term.

The picture says it all with so many campervans...love it

[heisenberg]

SP hovering around what I think is fair value at present, wouldn't mind picking up a few of these if they drop in price a bit

[Jinx]

"ongoing strength in tourism"
Only mention of tourism in this afternoon's budget, not a bad honourable mention.

Edit: That's wrong, will update with anymore interesting mentions of tourism.

Edit2:
"Tourism - additional funding for tourism infrastructure. This includes $25 million to upgrade the New Zealand Cycle Trail, and $12 million to help communities build smaller-scale infrastructure projects, like restrooms and carparks."

2 Million dollar increase in spending on "Marketing of New Zealand as a Visitor Destination"

"How Performance will be Assessed and End of Year Reporting Requirements:
An increase in the volume of visitors to New Zealand, contributing to an increase in the tourism sector’s contribution to New Zealand’s GDP:"

So pretty much gov spending multiple different ways to ensure that there's an increase in volume of visitors, in other words gov doing THL's marketing for them, free of cost

[sb9]

So pretty much gov spending multiple different ways to ensure that there's an increase in volume of visitors, in other words gov doing THL's marketing for them, free of cost

Couldn't agree more Jinx, music to ears

Just need to stop that sellers at 287 to keep adding more on offer...

[heisenberg]

I like THLs prospects but there are a lot of sellers hovering around the $3 mark, 85k buyers to 240k sellers

[sb9]

I like THLs prospects but there are a lot of sellers hovering around the $3 mark, 85k buyers to 240k sellers

Yeah there's still lot of selling pressure as those who got some of Sterling's stake cheaply would like to lock in quick profit.

[Jinx]

Yeah there's still lot of selling pressure as those who got some of Sterling's stake cheaply would like to lock in quick profit.

Despite this with growth stats for tourism the way they are I have 0 worries.

[Jinx]

Interesting to see so many disclosures, top dogs selling?

[sb9]

Interesting to see so many disclosures, top dogs selling?

If you haven't picked up from y'day CEO Mr Webster sold 500K shares at 290 on 2nd June. Hence the weakness in sp in recent days I believe.