Forum Archive Index - November 2000

["HoorayHenry" <bayvu@ihug.co.nz>]

Take it easy..You can't criticize THL for honesty.. they've recognized that
there are some areas of their operations that need more effort and they are
acting accordingly...As for blaming management for failing to correctly
forecast the weather - try farming or something. You'll fall flat on your
face.  As I remember it was the analysts/politicians who forecast high
returns in the flow-on to tourism of the Americas Cup or the Olympics. THL
are just reporting it as it happened. I reckon they've been oversold and
they are still our best exposure to tourism in NZ..that's still a fine
profit...hang in there Regards..HH
-----Original Message-----
From: Jefley Aitken <jefley@xtra.co.nz>
To: 'sharechat@sharechat.co.nz' <sharechat@sharechat.co.nz>
Date: Tuesday, 14 November 2000 12:06
Subject: [sharechat] thl


>i'm barely consolable!
>if any chatters can find it in their hearts (brain power is of little help)
>to find something cheering to comment upon, i'd love to hear it.
>
>question:  how long does one have to operate a helicopter line before
>learning to take the weather into account?
>
>perhaps i could contribute by pointing out that it has been demonstrated
>for decades that humans are stuffing up the atmosphere and stratosphere
>with sufficient chemicals to disrupt the 1950s style of weather patterns
>for ever.  the so-called 50- and 100-year storms, floods and gales (beloved
>by the media) can easily turn up twice a year.
>
>surely someone in thl has the gumption to approach appropriate scientists
>AND to understand the answers.
>
>thl's press release -- original version is under 'news' on the sharechat's
>quotes and charts section of the marketplace -- also claims that the
>"olympic factor" was one of the contributors to the first quarter's results
>from australia being "well short of budget".  this strikes me as deeply
>pathetic.  i've known that the 2000 games would be in sydney for several
>years.  could it be that the thl management was surprised by this -- or
>just that they were incompetent to calculate the effects.
>
>if the reasons given for the poor first-quarter and decreased profit
>predictions are actually valid, the management may wish to consider
>replacing bean-counters with thinkers.
>This Grump bought thl at 2.57.   grrrrrrrrrrrrrrrrrrr, jefley
>
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