THL - Tourism Holdings

[Beagle]

I'm with the cat on this one. Shares are still in a well established downtrend.

[winner69]

Apollo in Oz impacted by the bush fires — peak season and all that.

Also commented that global sales of RVs still not that good.

[percy]

Apollo in Oz badly impacted by the bush fires — peak season and all that.

Their S-T-R-E-T-C-H-E-D balance sheet must be feeling the strain.?

[golden city]

I would be love to see Thl in action to take over or merger with Apollo now

[Rowdy Flat]

I would be love to see Thl in action to take over or merger with Apollo now

Really? They have enough issues to sort now... including debt.

[percy]

I would be love to see Thl in action to take over or merger with Apollo now

The market capitalisation of THL is NZ $480.85 mil.
The market capitalisation of ATL is Au $72.6mil,
So could be game on.?
Australian market will be tough for both for the foreseeable future because of the bushfires affecting their peak season.
The ATL debt would need some serious capital to bring it to a manageable level.

[SCOTTY]

Possible that Apollo has loss of profit insurance?

[percy]

Very unlikely going from their trading update yesterday.

[Beagle]

2 year chart of THL looks very sad. Wonder how they are going to their progress towards their $50m profit target ?

[Beagle]

If I were a shareholder, which I am not, I would definitely be nervous about a campervan company pouring capital and energy into off shoot with the objective of becoming a global market leader in a tech field. As a business and culturally miles apart and raises questions about whether Management and the Board have a realistic grasp of their Circle of Competence.

Maybe if they become a tech company they wont need to worry about the $50 m profit target as they can lose money and argue for a valuation that is a large multiple of sales revenue.

Maybe that's bene their goal all along (I'm a former shareholder who liked it when they stuck to their knitting in N.Z.)