When punters have gone home for the weekend they’ll do the late Friday and hope nobody notices trick about how disasterous the US is going to be for them
Can not see how it is remotely possible for them to come up with a number. Would be much more honest to suspend the current forecast and say they have no idea what the future will bring.
When punters have gone home for the weekend they’ll do the late Friday and hope nobody notices trick about how disasterous the US is going to be for them
You are right it will be a bit of a guess. To be fair they were quick of the mark to say they would give an update to the market following the America's move.
You are right it will be a bit of a guess. To be fair they were quick of the mark to say they would give an update to the market following the America's move.
Yep, confirmed it’s too hard to guess people how bad
You’ve got to love the reassurance - of the FY20 year...”.. thl has a strong balance sheet with low debt levels, significant undrawn facilities and high quality asset backing.”
Yep got some debt but we can borrow heaps if we need to keep going
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
In light of the new travel restrictions announced related to the COVID-19 pandemic, thl has reviewed its previous FY20 NPAT guidance of around $24M. While we believe that this remains a possibility, there are too many uncertainties for this to remain as thl’s guidance. As a result we do not expect to provide financial guidance for the remainder of the FY20 year.
Despite the challenges facing the industry, thl has a strong balance sheet with low debt levels, significant undrawn facilities and high quality asset backing.
Really ????
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Just wondering whether they would need to revalue the significant stock of preloved campervans they have. I suspect they might not age that well and a lack of demand won't help either to push the value up.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
Just wondering whether they would need to revalue the significant stock of preloved campervans they have. I suspect they might not age that well and a lack of demand won't help either to push the value up.
They won't revalue them down and probably are not required too by their auditors but who is going to buy one in the current environment other than at a rock bottom extreme bargain price ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
hmm spending time alone in a campervan (doing a staycation) rather than flying overseas or hanging around in crowds is actually starting to look rather appealing....haha
Should be good buying at half NTA...must add them to my Christmas stocking wish list at 90 cents.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Bookmarks