THL - Tourism Holdings

[sb9]

Onwards and upwards from here for THL...

[golden city]

looking good..,love it

[vin]

http://www.nzherald.co.nz/business/n...ectid=11490948
Ducks are all lining up for THL...

Yep look good. Onwards & upwards. Thinking may still be good buying opportunity while under $2

[Cricketfan]

Seems to almost have recovered to its 2007 price.

[winner69]

Seems to almost have recovered to its 2007 price.

about the time of the big failed takeover

Wonder how many of those holding back then are still holding .... and feeling happy now

[Arbroath]

Seems to almost have recovered to its 2007 price.

Interesting you mention that CricketFan. I recently did the following comparison between 2007 and the likely 2015 numbers

6/2007 6/2015
Revenue $190m $242m +27%
EBITDA $58m $64m +10%
EBIT $25m $32m +28%
NPAT $13m $20m +54%
ROE 7.4% 12.3%
Debt/Debt+Equity 40% 25%
Dividend per share 11c 15c +36%
Market Cap $245m $204m -17%
Share Price $2.50 $1.82 -27%

Glad this among other factors prompted me to add to my holding. Fundamentally the company is stronger and represents better value - would need at least $2.50 in a takeover scenario today and that would be a better purchase for the bidder than it was in 2007.

[sb9]

Wow, that's some telling numbers there Arbroath, thanks for sharing...That basically reiterates the underlying value in this stock.

[DarkHorse]

Interesting you mention that CricketFan. I recently did the following comparison between 2007 and the likely 2015 numbers

6/2007 6/2015
Revenue $190m $242m +27%
EBITDA $58m $64m +10%
EBIT $25m $32m +28%
NPAT $13m $20m +54%
ROE 7.4% 12.3%
Debt/Debt+Equity 40% 25%
Dividend per share 11c 15c +36%
Market Cap $245m $204m -17%
Share Price $2.50 $1.82 -27%

Glad this among other factors prompted me to add to my holding. Fundamentally the company is stronger and represents better value - would need at least $2.50 in a takeover scenario today and that would be a better purchase for the bidder than it was in 2007.

Thanks Abroath, nice comparison! Risk/reward equation looking great on this one

[Kirk]

$2 tomorrow GC

[sb9]

Here we go...

https://nzx.com/companies/THL/announcements/267891