THL - Tourism Holdings

[JeremyALD]

It is heading for a full takeover at 6.50 at some stage

A takeover is definately looking on the cards. Thats huge volume and not even at a discount!

[golden city]

This is a powerful company in china. With 200b assets. Fork out a few bucks tovtakeover thl is so easy

[golden city]

Especially nzd heading down. Make it more cheaper

[Arbroath]

A takeover is definately looking on the cards. Thats huge volume and not even at a discount!

Agree - I think a bid of $5.50+ is realistic which would be 17.5x this years forecast earnings - given the expected 2-3 year growth profile that is only 13x FY20 company target.

Hard to see the Chinese sitting on 10% for long

[sb9]

Agree - I think a bid of $5.50+ is realistic which would be 17.5x this years forecast earnings - given the expected 2-3 year growth profile that is only 13x FY20 company target.

Hard to see the Chinese sitting on 10% for long

Good analogy...added few more to my existing holding at the open...

[Benny1]

Bloody annoyed if this becomes the next NZ company to be swallowed up by overseas interests .
This is a too gooder company for NZ to loose.

[iceman]

Bloody annoyed if this becomes the next NZ company to be swallowed up by overseas interests .
This is a too gooder company for NZ to loose.

Agree and certainly wouldn't be interested in selling at $5.50 or even close to that. This Co is doing well, with a good geographical spread in a nice and steadily growing industry. It has huge potential to grow SH value

[Beagle]

N.Z. has headed down by a pretty decent amount in the last week which will be assistive towards tourism to N.Z and in terms of conversion of U.S. earnings to $Kiwi and also assistive to any party looking to make a takeover. I think its clear that a certain shareholder is "on the march" towards 19.99% being the threshold before a takeover is required. "Blind Freddy" can see what's happening here. Disc: I added more this morning.

[winner69]

We should thank those 17% of shareholders who dug their toes in and told the Aussies to get lost 10 years ago. Thl is still here

Back then $2.80 was a decent premium to the then current share price. Many regretted it didn’t succeed as share price collapsed to well below $1

But I would say if somebody did offer $6 this time around it probably would be successful. I will take it.

[Beagle]

Rob Campbell has done a good job with THL and I am happy to hold long term unless a compelling offer is forthcoming in due course.