Forum Archive Index - May 2002

["Taari Nicholas" <taari@e-maori.com>]

Hi Outthere,

 

I am a first time sharechat contributer and I wasn't planning on making any comments, but I couldn't resist with THL.  The shareprice chart tells a story.  I sold out of THL at $5.75 a long time ago.  Investors need to understand where THL made its money in the past, which was from the insurance premiums on its campervans.  It was forced to do a deal with Britz.  Maui were a monoploy - Take a drive how many other campervans are out there now.  The other toursim assets are a smoke-screen to the real cash-flow except Kelly Tarltons.  I understand THL's tourism assets are for sale.

 

Tourist numbers have gone up and so has the currency (still going) - watch those tourist numbers come back.  Try a correlation between tourist numbers and the NZ$.  If you want to watch tourist numbers, watch German tourist numbers they are the ones who drive Maui campervans.  The Germans have had a history of making very few insurance claims.

 

Unfortunately I do not have enough time or access to information to rely only on fundamentals.  I would be interested in talking directly to anyone else who uses Omnitrader.

 

Cheers  

-----Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On Behalf Of Peter
Sent: Saturday, 18 May 2002 21:35
To: sharechat@sharechat.co.nz
Subject: [sharechat] Visitor numbers and THL

Courtesy of Stats NZ this chart (oh no not another chart says hugh and snoopy) shows the number of visitor arrivals for March years 1993 -2002. An increase from just over 1 million visitors in 1993 to just under 2 million in 2002 sort of suggests that tourism related companies have done really well in that time.

 

 

 

Who says that the main driver of success for THL is the number of overseas visitors?

 

Doesn't look like the THL share price chart to me - something must have gone wrong somewhere along the way.

 

Since 1994 the THL share price has been trending down (from $6.00 to 86 cents says bigcharts.com). The only period of strength in the THL price in that time was during 1999 - one of the years of slowest growth in visitor arrivals.

 

What a sad story.

 

Enough said

 

Cheers

 

Peter