ASX 200 up 53 points to 7682
Shares in Tourism Holdings Rentals ( $Tourism Holdings Ltd (THL.AU)$ ) tanked 37% after issuing a hefty profit downgrade.
THL which operates a fleet of over 7000 rental campervans under brands including Britz, Maui and Apollo, said a big slump in sales of ex-rental campervans in Australia in April was the major factor as well as cost of living pressures.…
I wonder if the the boomers have gotten bored with travelling around Australia so they are back on the cruises in a big way.
With THL carrying a fair bit of debt it is easy to imagine their bankers are getting a little nervous so I’ll let this stock go through to the keeper. $S&P/ASX 200 (.XJO.AU)$
With THL carrying a fair bit of debt it is easy to imagine their bankers are getting a little nervous so I’ll let this stock go through to the keeper. $S&P/ASX 200 (.XJO.AU)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
