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HLO - Helloworld Travel

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Jetset Travelworld Limited (JET), formerly Heartlink Ltd (HRK), is a travel agency franchise group. The company provides wholesale, retail and specialist business travel products and services through a vast network of 665 travel centres across Australia.

http://www.jetsettravelworld.com.au
 
On December 5th, 2013, Jetset Travelworld Limited (JET) changed its name and ASX code to Helloworld Limited (HLO).
 
On April 12th, 2017, Helloworld Limited changed its name to Helloworld Travel Limited.
 
Good morning HLO followers
Did not realise HLO thread was not updated for more than 2 years !!
Any way, with today's 9 months report, https://www.asx.com.au/asxpdf/20190417/pdf/444cx4h6b3kvz2.pdf, in spite of political allegations against its contract award, HLO has delivered .
Market has welcomed with more than 7 % rise at the start. Hopefully the drought is over now.
The long time holders would know that this rise is nothing compared to HLO's position before the political drama started and hopefully labour's return would not tarnish them either. Politicians all make dramas to earn publicity and money any way.
My hope is HLO would be future CTD and FLT on a shorter time frame.
disclaimer : A holder
 
Still a ways to go for a pre-pandemic recovery.

Screenshot_20211207-222210.png
 
Looking down the tunnel, I see no light, maybe another 3 months have another look.
Way too many people scared of being locked out IMO, begging to come home because you have run out of money, doesn't seem to work.
 
sptrawler said:
Looking down the tunnel, I see no light, maybe another 3 months have another look....
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Helloworld Travel Limited (ASX: HLO) is pleased to announce the completion of the sale of its corporate and entertainment travel businesses in Australia and New Zealand to Corporate Travel Management Limited (ASX:CTD) as at 31 March 2022.

Consideration for the sale comprising $100 million in cash and 3,571,429 shares* in CTM, has been received.

HLO Chief Executive Officer and Managing Director, Andrew Burnes AO said, “As leisure demand continues to rebound from the COVID-19 disruption, HLO is very well positioned to focus on emerging opportunities in this market. And as a major shareholder in CTM and with our Helloworld Business Travel agency network, HLO will also continue to participate in the corporate travel market in Australia”. ..........
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“We wish to thank our team at QBT, TravelEdge, Show Travel, APX and Atlas Travel. They have made this business what it is, and we wish them well as they move across to CTM.” Mr Burnes said.
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I'm not sure how this is all playing out. As @sptrawler alludes, there are still headwinds for viable vibrant reset to what the business looked like, before.

Still, with the money in the door, the cruises will be kept afloat, flights should take off andthe bus tours are set to keep rolling.
 
Total revenue surged 140 per cent, last year’s loss of $29 million turned into a profit of $19.2 million, and EBITDA of $44 million was in line with consensus.

And a 6c dividend.

There appears to be no let-up in travel demand, despite sky-high prices and broader cost of living pressures. Helloworld delivered its first guidance for 2024 and is expecting EBITDA of between $64 million and $72 million, which at the midpoint points to growth of 52 per cent.

Inbound travel remains weaker than outbound, despite the plunging Australian dollar.

... more than doubled in 2023
Screenshot_20230829-073634_CommSec.jpg
 
Market Matters afternoon report:
  • ABS travel data was out today showing, Total arrivals for August 2024 were 1,656,470 – an increase of 7.2% on one year earlier. Short-term visitor arrivals were 658,810 – an increase of 9.2% on one year earlier. Short-term resident returns were 916,890 – an increase of 6.8% on one year earlier. Total departures for August 2024 were 1,694,440 – an increase of 11.7% on one year earlier.
  • The data should be a positive for travel stocks that have had a tougher period recently – Helloworld (HLO) +0.81%, the one we own and remain bullish on despite SP weakness recently.
Echoes Greg Canavan of fat tail investment advisory who put a buy on it back in August and maintains the buy.

Not Held
 
finicky said:
Market Matters afternoon report:
  • ABS travel data was out today showing, Total arrivals for August 2024 were 1,656,470 – an increase of 7.2% on one year earlier. Short-term visitor arrivals were 658,810 – an increase of 9.2% on one year earlier. Short-term resident returns were 916,890 – an increase of 6.8% on one year earlier. Total departures for August 2024 were 1,694,440 – an increase of 11.7% on one year earlier.
  • The data should be a positive for travel stocks that have had a tougher period recently – Helloworld (HLO) +0.81%, the one we own and remain bullish on despite SP weakness recently.
Echoes Greg Canavan of fat tail investment advisory who put a buy on it back in August and maintains the buy.

Not Held
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Do you trust the recommendations from the mobs at FatTail and Motley ?
 
Miner said:
Do you trust the recommendations from the mobs at FatTail and Motley ?
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@Miner, depends what you mean. I have full confidence in the good faith towards subscribers from both fat tail investment advisory and Market Matters. I only follow Greg Canavan's service at fat tail. I don't automatically buy all his recommendations nor automatically sell but I think he's very astute in detecting undervalued stocks in out of favour sectors. He is contrarian at a deep level, e.g his early bullish stance on coal and fossil fuels and he explains his valuations.
Market Matters only addresses larger cap stocks with an emphasis on big caps so not much that I act on there. Very good for news and macro. I take special notice when both services agree on a stock or theme, e,g. they both like WDS and they both take an interest in the gold theme. Recently they've agreed on HLO.
Motley Fool I don't take much notice of but good for the occasional essay or idea.
 
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