THL - Tourism Holdings

[winner69]

Good company..but debts are piling up like wood creates....

I be looking to see whether free cash flow covers the dividend - hasn't for some time now

Sort of means they borrow to pay the dividend

[Beagle]

It'll be interesting to see if Trump's "extravagant" nature has affected U.S. operations ? Some tax dispute a while ago that was mentioned, forget the nature and quantum, be interesting to see if that's resolved.

[Scooter]

profit $62.4m v $30.2m

[winner69]

Npat normalised $37.4m will be below some of you guys expectations

Free Cash Flow ~$21m (excluding the $9m odd paid for acquisitions etc) — and dividends paid were $22.4m

Borrowings up $23m

Hope the market sees thl as a tech company from here ...and values it accordingly

[couta1]

Very nice result, debt has increased slightly but so has divvy so no worries.

[King1212]

$199 m debts...why they don't use the dividend to pay down the debts? Take the opportunity while the economy n the business are still good?

[winner69]

Like this bit

“Current M&A activity being explored in various parts of the world. Updates will be provided, as appropriate.”

May as well go for broke and become a global behometh

[bull....]

great result again , wonder if there no guidance is to do with uncertain trade wars.

be interesting if it does its usual fall on results

[winner69]

Wonder if this will rattle the market a bit —

This will be offset by the losses incurred with the investment in TH2, which will be circa $15M NZD before tax for thl’s 50% share. This will directly impact the P&L in FY19, but is seen as creating future value for thl.

Need to value thl as a tech company guys

[winner69]

Commentary seems a bit negative on El Mondo ...not performing up to expectations?