THL - Tourism Holdings

[sb9]

Good result, but that's what the market was expecting. So apart from a short bounce in SP it's back to where it was yesterday. DRP will be popular I think and I'll be taking part in it.

Agree, good result however if you put into perspective 10c partially imputed divvy on sp of 388, it doesn't look that attractive. Having said that I guess market is attributing higher PE due to future prospects out of their recent acquisition. Yes, DRP will be popular in my opinion too.

[Jantar]

The divvy is around where I was expecting, but the part being only 50% imputed was a bit unexpected. They do explain it as being that only 50% of their revenue is from NZ, so I guess it does make some sense. The continued growth is the attractive part, and the DRP will certainly help with cashflow after such large aquisitions.

[JeremyALD]

Agree, good result however if you put into perspective 10c partially imputed divvy on sp of 388, it doesn't look that attractive. Having said that I guess market is attributing higher PE due to future prospects out of their recent acquisition. Yes, DRP will be popular in my opinion too.

For such a quickly growing company a dividend yield of around 5% is pretty attractive.

[Jinx]

Thought I'd chime in on the THL result. These guys are in the biggest growth market I can think of inside NZ, they had to upgrade profit predictions on the 21st of Dec and then they still beat that guidance (even if only by 200k). Assuming the US operations go smoothly over the next 12 months I'd guess we'll all be very 'well positioned' going forward!

[Out to lunch]

Thought I'd chime in on the THL result. These guys are in the biggest growth market I can think of inside NZ, they had to upgrade profit predictions on the 21st of Dec and then they still beat that guidance (even if only by 200k). Assuming the US operations go smoothly over the next 12 months I'd guess we'll all be very 'well positioned' going forward!

Target price by the brokers now at $4.20 - I don't think the brokers are blazing it!

[iceman]

I have been trying to sign up to the DRP on Link Marketservices website. Doesn't give me the option. Is it just me ? Have any of you guys or gals done it ? Maybe they haven't set up that option yet for THL

[LAC]

I tried yesterday as well, does not exist yet. Can someone post on here when it is available?

[mondograss]

They said they'd write to the shareholders in March to advise on the DRP and give people the option to participate then.

[Beagle]

http://www.4-traders.com/TOURISM-HOL...392/consensus/

Good hold for long term growth. If the company can deliver on their $50m profit goal in three years up from forecast $27m+ this year expect a commensurate lift in the SP over that timeframe !

[Yoda]

http://www.nzherald.co.nz/nz/news/ar...ectid=11808560. What we already know, NZ is full .... Remember the days when Billy Connelly came to nz on tour and landed on a saturday afternoon... and thought it was shut ..... Now you cant get a bed. , !