Agree, think they're well positioned for a good acquisition and the investor presentation in Sydney is to prop up more awareness about their intentions. All looking very positive.
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Agree, think they're well positioned for a good acquisition and the investor presentation in Sydney is to prop up more awareness about their intentions. All looking very positive.
also i like they mention about double summer use of the caravans ..., it works out very effecient
I think a take-over of Apollo would be out of the question given the amount of debt they'd need to take on for a start.... We may smaller acquisitions abroad though and they seem to be tapping into a couple of different revenues streams in the next couple of years
Three directors / officers have just changed some convertible shares into ords (at about 60cps) then sold some of the ords to pay for it.
so far:
Meldrum - 126k conversion, 138k sales - net: 12k
Horne - 182k conversion, 200k sales - net 18k
Webster -212k conversion, 250k sales - net 38k
So all have taken money 'off the table'; maybe more sales to come?
All sales are cum dividend.
650k where converted to ords so plenty more to sell, cant blame them selling at the best price the shares been at for years or would do you think insiders selling at the top of the cycle? is a insight to the future lol notice they didn't give a guidance in there results
Didn't have to wait long.
Horne takes another $50k off the table.
Me too I think
Good article on SHAREaCAMPER on tv3 news tonight.
https://www.shareacamper.co.nz
thl can buy into the idea maybe later on...depend on how sucessful it is
The companies that are challenging the norm are the ones who are described as 'disruptive'. They leverage online technology, collaboration, latent inventory, willing supply, willing buyers ... and trust, to 'dis-intermediate' traditional industry business models. They position as the facilitator of commerce rather than inventory owner who has to be the supplier as well. The disruptor in this industry for example, would still rent caravans but won't own any caravans. Like Uber doesn't own any taxis.
An excellent example of what THL might want to look into is Collaborate, CL8 on the ASX. This type of company, like Uber, is changing the business model by liberating supply from unexpected (but obvious) sources and providing it to willing customers at significant discount to established players. Ignoring this shift could be the end of the business model of THL as they know it, whereas embracing peer-2-peer business models with early mover advantage in their market, could be their future.
Edit: here's the example mentioned above 'MyCaravan' ... http://www.mycaravan.com.au/searchresults.php