THL - Tourism Holdings

[Basil]

Pretty much in line with your thoughts Mos but I'd probably choose the words "very weak and slow" to describe the used camper market.  The board and management have no track record of meeting previous grandiose profit growth targets.   They're trying to make the case this is a strong growth company.  The evidence says its a cyclical no growth tourism company.  Goodness me they were $1.30a couple of months back before corporate action started, the same price as they were 10 years ago.  Where's the growth ?

[Ricky Bobby]

I see from the announcement today that there are still on-going discussions... have added 6 months to the timeframe tho!

[Left Field]

Boom! Takeover offer @ $3.10

https://www.nzx.com/announcements/473532

Holders should be happy!?

[BlackPeter]

Boom! Takeover offer @ $3.10

https://www.nzx.com/announcements/473532

Holders should be happy!?

Highly conditional proposal ... but sure, if it goes ahead its much better than yesterdays SP.

At the end it depends on the future development of flight shame and a lot of highly unpredictable global issues. Will the big pink monster baby making the US unvisitable go or fade away? What are the chances of WW3? What will be flying cost in the coming years?

Anyway - we planned recently a NZ holiday and considered as well to rent a campervan, but hey - the campervans cost so much more than taking a rental car and going into a good hotel instead ... 

Looks like, they lost me as a shareholder (due to US monster baby) as well as a potential customer ... but hey, all the best to holders!

[Left Field]

Anyway - we planned recently a NZ holiday and considered as well to rent a campervan, but hey - the campervans cost so much more than taking a rental car and going into a good hotel instead ...

I held THL about 2015 when they had just expanded into the USA (THL had purchased  El Monte RV's as I recall.)

Then we hired one of their USA RV's for a 1 month holiday. Big mistake. Both the RV and the service were terrible.

Sold my shares soon after and have never held since.