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14-10-2017, 12:49 PM
#2001
Originally Posted by winner69
........I added recent to your post
The good thing though is the current share price doesn't really reflect that $50m profit.
Would be a worry if they didn't have a good recent track record, given the all time highs of tourism etc... at least THL is taking great and full advantage of the good times, unlike how some construction related companies still can't seem to 'make it's when times are booming the most.
On another note, Forsyth removed THL from their "conviction list" as they believed it is "fully valued" (for what ever their word is worth)... no wonder the share price has only been going down.
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14-10-2017, 05:07 PM
#2002
Originally Posted by trader_jackson
Would be a worry if they didn't have a good recent track record, given the all time highs of tourism etc... at least THL is taking great and full advantage of the good times, unlike how some construction related companies still can't seem to 'make it's when times are booming the most.
On another note, Forsyth removed THL from their "conviction list" as they believed it is "fully valued" (for what ever their word is worth)... no wonder the share price has only been going down.
Don't forget THL paid a fully imputed dividend of 11 cents so it really hasn't dropped that much off recent highs
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14-10-2017, 05:27 PM
#2003
As it has extended lot it may have pullback or correction during next 12 months. Once bear market set it also should go down. So far it had a major up trend. Trend could reverse at any time.
Last edited by Valuegrowth; 14-10-2017 at 09:49 PM.
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14-10-2017, 08:11 PM
#2004
Fast forward to 2020 - With 50m earnings ( 40-42cps ) plenty will look back in hindsight and admit it was still cheap even after such a large run up... same goes for Synlait and FPH to some degree.
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14-10-2017, 09:59 PM
#2005
Milford holding 15 mil in june and 8 mil in october so sold off ~50 % , from their anounsments , correct ? Mind you , i think they sold a lot of ATM as well just befor they started to go up , never the less, am i reading that right ?
June 21
For last disclosure,—
(a) total number held in class: 14,808,202
Oct 2nd
For this disclosure,—
(a) total number held in class: 7,832,192
(b) total in class: 120,254,253
really its a 5% drop, not the end of the world, but all eyes on the meeting ...
Last edited by Yoda; 14-10-2017 at 10:05 PM.
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14-10-2017, 11:06 PM
#2006
Originally Posted by Yoda
Milford holding 15 mil in june and 8 mil in october so sold off ~50 % , from their anounsments , correct ? Mind you , i think they sold a lot of ATM as well just befor they started to go up , never the less, am i reading that right ?
June 21
For last disclosure,—
(a) total number held in class: 14,808,202
Oct 2nd
For this disclosure,—
(a) total number held in class: 7,832,192
(b) total in class: 120,254,253
really its a 5% drop, not the end of the world, but all eyes on the meeting ...
Given their massive holding and the consistent rise in SP pretty sure they're just derisking themselves.
Anyway ASM on Wednesday where all will be revealed. I'm hoping for guidance 37.5m+. Looking forward to an update, albeit a bit nervous about how the El Monte has performed over the peak season.
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15-10-2017, 10:02 AM
#2007
Originally Posted by MARKETWINNER
As it has extended lot it may have pullback or correction during next 12 months. Once bear market set it also should go down. So far it had a major up trend. Trend could reverse at any time.
I think the market has been very slow in accepting and believing their $50m profit in a couple of years. If they achieve it (and the related big increase in dividends), which looks good at present, the SP has some catching up to do. I have faith in THL doing what they've said they will, under our current Chairman.
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17-10-2017, 10:06 AM
#2008
1 |
9:35:54 am |
485 |
650,000 |
$3,152,500 |
|
Someone prepared to pay premium price of $4.85 to current trading price of $4.73.
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17-10-2017, 10:31 AM
#2009
Has be accumulated for a while. It looks set for a takeover
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17-10-2017, 10:48 AM
#2010
Member
Originally Posted by sb9
1 |
9:35:54 am |
485 |
650,000 |
$3,152,500 |
|
Someone prepared to pay premium price of $4.85 to current trading price of $4.73.
there was a trade of 3,000,000 at the same price off market yesterday
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