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  1. #1
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default ATL.Apollo Tourism and Leisure

    179,944,265 shares on issue ,at $1.40 gives a market cap of $251,921,971.
    This businesss is very similar to THL Tourism Holdings in NZ.
    In May ATL provided an update, where they stated they expected to be 5% to 10% above prospectus forecast.
    They operate in Australia,NZ,USA and Canada.
    I was pleased to see www.dmxam.com.au hold ATL,and their commentary in their July investor update was very positive..
    On my travels I have noted a lot of their very nice camper vans.
    Tourism is a growing sector,so I am happy to hold both ATL and THL.
    I brought in today at $1.40.

  2. #2
    Member
    Join Date
    Mar 2014
    Posts
    415

    Default

    Thanks Percy.

    They do seem to carrying a bit of debt, have you picked up any information on how or they plan to manage or reduce their liabilities balance? Seems like a nice little earner tho, they are aiming for NPAT of 16.3.

  3. #3
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    Default

    Yes a nice little earner.
    Full year result is due shortly,so we will then get a fuller picture of their accounts.
    In growth mode,so I would expect they will continue to use their balance sheet for acquisitions.
    So far the acquisitions have made sense.

  4. #4
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Very much as expected a very solid result.
    Recent acquisitions have laid the foundations for strong growth.
    A sound business in a world wide growth sector.
    Looks to me as though eps growth will be higher than their PE.That is a very real margin of safety to me.
    Last edited by percy; 23-08-2017 at 05:39 PM.

  5. #5
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
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    Default

    Closed at $1.71 yesterday.
    Looks as though we are " well positioned."

  6. #6
    Member
    Join Date
    Apr 2017
    Posts
    360

    Default

    hi Percy, what’s the good entry point do you think right now, thanks.

  7. #7
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    Default

    Quote Originally Posted by Justin View Post
    hi Percy, what’s the good entry point do you think right now, thanks.
    I don't know.
    They sat around $1.40 for awhile.
    Not sure whether the recent strength is the Aussie's waking up to ATL's potential, or the Chinese's buying into THL having a flow on effect.
    I think they are still good buying at current prices.Saying that I mean as a buy and hold stock,not as a trading stock.I try to buy good stocks.If I am right I buy more.If I am wrong I sell.With ATL I am looking to buy more.
    Last edited by percy; 02-11-2017 at 06:26 AM.

  8. #8
    Senior Member
    Join Date
    Sep 2016
    Posts
    923

    Default

    Quote Originally Posted by percy View Post
    I don't know.
    They sat around $1.40 for awhile.
    Not sure whether the recent strength is the Aussie's waking up to ATL's potential, or the Chinese's buying into THL having a flow on effect.
    I think they are still good buying at current prices.Saying that I mean as a buy and hold stock,not as a trading stock.I try to buy good stocks.If I am right I buy more.If I am wrong I sell.With ATL I am looking to buy more.

    Probably a bit of both but I see a lot of strength above $1.50 now so if you get in anywhere before $1.65 I think that's a decent entry. I myself have bought a few at that price

  9. #9
    Member
    Join Date
    Apr 2017
    Posts
    360

    Default

    Hi all, why dropped heavily recently, any news updated? And is this good entry point now?

  10. #10
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    No news and the sp $1.52, has come back to test the 90day moving average $1.51,but still remains well ahead of the 180 day moving average $1.43.
    May pay to wait and see whether the sp bounces up ,or continues down before deciding.
    Half year result is due in February.
    I continue to hold.I did notice a lot of their camper vans on the road, on my recent trip to The West Coast.A lot of THL's as well.
    The out look for the sector is good.

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