THL - Tourism Holdings

[Yoda]

Is the market a bit over reacting ?

[couta1]

Is the market a bit over reacting ?

The nature of the market, in years gone by I would have sold for a loss myself this morning.

[King1212]

Market does not like the debts..especially with the trade wars on the way...what I see only companies with no debts or low debts will do good a head...

[bull....]

Is the market a bit over reacting ?

it has a history of falling on results announcements

[Beagle]

I think there is more to it than that.
THL has a history of upgrading guidance during the year, often several times.
• Previous guidance for FY18 was in the range of $36M-$39M. This has been updated to $36M-$40M before non-recurring items.

This is what was said 6 months ago. Fact is that the result is at the bottom half of guidance issued 6 months ago which is unusual for this company which has a history of upgrading and then beating the upgrade.
It also fell short of average analyst expectations. Debt is up significantly and there is considerable uncertainty on the trade war front.

I think the fall so far is a rational response.

[winner69]

Winner your very gloomy this morning, must be rain on the way, suggested cure would be a nice walk on the beach and a feed of oysters.

Yep ...it’s started to rain, just as I was going to go out

Your weather forecasting better than stock picking .......no way it’s just a fluke you got the weather right this morning

[winner69]

I think there is more to it than that.
THL has a history of upgrading guidance during the year, often several times.
• Previous guidance for FY18 was in the range of $36M-$39M. This has been updated to $36M-$40M before non-recurring items.

This is what was said 6 months ago. Fact is that the result is at the bottom half of guidance issued 6 months ago which is unusual for this company which has a history of upgrading and then beating the upgrade.
It also fell short of average analyst expectations. Debt is up significantly and there is considerable uncertainty on the trade war front.

I think the fall so far is a rational response.

Sucked punters (and guru analysts) in with that upgrade 6 months ago eh

Midpoint would have read better than in bottom of range

[winner69]

Medium to long term chart still looks OK ...doesn’t it?

TA overrides FA with this stock

[Beagle]

Sucked punters (and guru analysts) in with that upgrade 6 months ago eh

Midpoint would have read better than in bottom of range

Market clearly wanted $42-44m and is disappointed.

[winner69]

Shareprice hasn’t fallen that much this morning

Still hanging around the 6 buck mark