I think that you will find that HB Holdings Limited is registered in the Cayman Islands as per the address.
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Maybe they need some campervans after the hurricanes?
Were there a plethora of bad messages at the AGM today? Share price intraday was going extremely well until about 2:30...then it tanked. Was anyone there?
Just back from the ASM, no bad messages but no upgrade either. Forecast kept as previous announced.
All my posts about it have disappeared for some reason. It was a solid AGM but there was a slightly less positive tone than what we've been used to. There are definitely some risks ahead and the US business has been solid but the number of travellers in peak season was down YOY. When asked about future prospects of El Monte they were positive but are only expecting a small lift in international travellers to America over the next year. They did say Canada is at capacity and that they expect travellers to start leaning towards the US again. The integration of the business appears to be going well.
Overall it was a slightly tame meeting IMO and I sold half my holding during it as I had a feeling the market expected a bit more. I still have a significant share as a proportion of my portfolio but needed to realise that there's some risks ahead too and this year might just be a bit harder than the previous (largely due to factors outside their control). I'll look to pick some more up as the political situation hopefully eases overseas. It's definitely still a strong company and there was nothing in the meeting to suggest otherwise