THL - Tourism Holdings

[see weed]

If Winston Peters cuts immigration by 50%, what effect would that have on THL sp?

[Xerof]

If Winston Peters cuts immigration by 50%, what effect would that have on THL sp?

Haha, clearly you know the answer to that hypothetical question see weed, or should we call you chicken little?

[Raz]

Haha, clearly you know the answer to that hypothetical question see weed, or should we call you chicken little?

All I will say is I would factor this in as a significant risk to consider from the politics to play out this year.

[Beagle]

If Winston Peters cuts immigration by 50%, what effect would that have on THL sp?

Not sure I follow you mate. I would have thought the vast majority of campervan rentals are to overseas tourists so a cut to migration as opposed to tourism would have very little if any effect.
You having some special sauce with the BBQ dinner tonight mate

[ShouldHaveHeld]

Not sure I follow you mate. I would have thought the vast majority of campervan rentals are to overseas tourists so a cut to migration as opposed to tourism would have very little if any effect.
You having some special sauce with the BBQ dinner tonight mate

My exact thoughts too. Unless we are missing something???

[Raz]

Not sure I follow you mate. I would have thought the vast majority of campervan rentals are to overseas tourists so a cut to migration as opposed to tourism would have very little if any effect.
You having some special sauce with the BBQ dinner tonight mate

I was thinking it was suggesting PR risk of NZ not being seen open to key tourist markets..who would know about the correlation...also migrants often are tourist before they settle..

[troyvdh]

..are things becoming "exuberant"..just saying....

[see weed]

Not sure I follow you mate. I would have thought the vast majority of campervan rentals are to overseas tourists so a cut to migration as opposed to tourism would have very little if any effect.
You having some special sauce with the BBQ dinner tonight mate

Yes, I was thinking the exact same thing after posting. Probably no effect at all.

[Lewylewylewy]

In my opinion, I class THL as cyclic with a fast short term (5 years) upwards tend and a slow long term upward trend.

Because every time a recession comes along, they'll get clobbered. So there will always be buying opportunities.

[Beagle]

..are things becoming "exuberant"..just saying....

In my opinion, I class THL as cyclic with a fast short term (5 years) upwards tend and a slow long term upward trend.

Because every time a recession comes along, they'll get clobbered. So there will always be buying opportunities.

Flights have become cheaper and cheaper. Consumers are getting more and more bang for their buck in terms of international travel as new technology aircraft make it more efficient.
IATA predicts worldwide air travel with continue to grow for the foreseeable future at 5-6%. N.Z. is a relatively safe, unpolluted and uncrowded destination with spectacular scenery and sound tourism infrastructure.
Many tourists don't feel safe in many parts of Europe with the immigration and terrorism threat a real and present danger now and with much of the middle east off limits, China and much of Asia becoming extremely crowded and polluted all this plays into Tourism being in a long term growth trend for N.Z. Tourism currently growing at 12% this year up from 11% last year and about 10% the year before...spot the trend ? Exuberant ? You tell me what's a fair PE for a company growing the way THL is and with the target of $50m profit by 2020 ? Keep in mind the average market PE is about 18-19.