THL - Tourism Holdings

[flyingfox]

Look at today's volume! and what would happen next ?

[sharer]

...
THL is a company I *want* to like. Tied as it is to overseas tourism, and knowing what a good place NZ is for tourists I have tended to think:
"What is good for THL is good for NZ."
Mind you the US version that that saying:
"What is good for GM is good for the US."
didn't stop General Motors going bust! I have read this thread from the beginning detailing the sorry tale of this perrennial underachiever. ...
SNOOPY

Originally i had the same supportive thoughts re THL Snoopy. Both my own a/c and several charitable trusts i used to direct have held a lot of shares from near the beginning (about the transition from The Helicopter Line towards Tourist Holdings Ltd). For a long time THL has been on my 'potential Sell' lists, as a "perennial underachiever" as you noted. If only they had stuck to their profitable knitting, when they found bouts of success; but the directors kept changing to try something else & most times lost lots of money (but never reduced their own fees of course). After reading some THL horror stories recently, & with no dividends to look forward to just now, i decided the only logical thing was to quit. Unloaded the last few thousand upon our more optimistic unsuspecting fellow investors last week, luckily still at a profit to our holding price of about 34c after so many years.
However, i think they should have been dumped years ago - the missed opportunities cost of stubbornly holding on to a "perennially underachieving" company are hard to calculate, but certainly are great.

[troyvdh]

I agree sharer...I was into this crowd years ago....sold some at $5.70.....I began to sell when Sir Tim ..started to sell his 12 million....those were exciting days....yep those guys at the beginning seemed to know what worked....now...just camper wagons it seems....

[flyingfox]

VERY ODD QUITE AFTER A BIG VOLUME..
MYSELF WORK AT SIMILAR BUSINESS WITH WAITOMO CAVE, IT IS REALLY GOOD TIME FOR THE WHOLE INDUSTRY NOW..
HOW COME THL HAVE NO REACTION

[Doyle]

Source of todays price spike?

[flyingfox]

Source of todays price spike?

source?maybe those US fellas,maybe the tourism sector is too good to be ignored any more..

[flyingfox]

stochastic looks risky

[bull....]

Looks like a good stock on the charts , the big move today is confirming the breakout in price above resistance at 72c.

I dont see any resistance till 1.32 if breakout holds.

Tourism stocks are all being re - rated now

All in all nothing out of the ordinary with price action its in a up - trend

[bull....]

Auckland airport traffic figures out today make for positive reading on vistor arrivals.
Should continue the positive trend over coming months.

THL should pick up some of the extra visitors.

[winner69]

Odd thing about THL over the last decade has been the perverse relationship between tourist numbers and the THL shareprice .... a negative correlation .... quite often more tourists lrads to a worsening shareprice