THL - Tourism Holdings

**Beagle** · 10-04-2017, 03:28 PM

Hopefully you successfully picked the bottom mate.

**Sideshow Bob** · 10-04-2017, 03:34 PM

Originally Posted by Roger

Hopefully you successfully picked the bottom mate.

What do they say about bottoms? The only thing you get from trying to pick bottoms is smelly fingers.......

**couta1** · 10-04-2017, 03:44 PM

Originally Posted by Roger

Hopefully you successfully picked the bottom mate.

The other thing to remember is the stock shed a 10c divvy just 10 days ago, so part of the drop is because of that.

**ShouldHaveHeld** · 10-04-2017, 03:58 PM

picking your bottom must have felt good at 3.46!

**couta1** · 10-04-2017, 04:10 PM

Originally Posted by ShouldHaveHeld

picking your bottom must have felt good at 3.46!

For sure, and after all some dirty habits can end up smelling of roses.

**Fox** · 10-04-2017, 06:00 PM

Strong bounce off of the 200 day EMA sitting @ $3.44 today, which has been an intact support for the last bull run, so no serious damage done. Looked like a good buy in today Couta, well done mate.

**Beagle** · 11-04-2017, 12:14 PM

Originally Posted by couta1

Forget about the u $3.51 mate, I picked up a few more this morning at $3.46, should have been my normal self and got stuck in, it's bounced nicely this arvo, perhaps Milford are having a break from selling today.

Nice one mate, the very next day the second and third digits are round the other way, $3.64 when I looked a few minutes ago

**JeremyALD** · 11-04-2017, 03:18 PM

Strike price of $3.51 I'm pretty happy with that

thanks guys for encouraging me to hold! Was glad to see the bounce yesterday. I might sell down some soon to balance out portfolio but I'm looking forward to the next update.

**Beagle** · 12-04-2017, 02:41 PM

As I suggested earlier in this thread, Milford have been selling aggressively, as low as $3.54 ex dividend in recent days !
They still have over 12% of the company shares which by anyone's interpretation is still a very meaningful stake.
https://www.nzx.com/files/attachments/256593.pdf

This substantial overhang isn't going away anytime soon. In conjunction with the previously discussed possible implications regarding tourism to the U.S. I remain cautious in the short term.