Tourism Data shows strength again
James Nicolaou
Baillieu Holst Ltd
Australian inbound tourism data for July 2016 has just been released, and shows some positive trends, including: Total inbound for July 2016 at 716k (+14.1% pcp); 12 Months to July 2016 at 7.94m (+10.6% pcp v 10.0% at end June 2016); Leisure 12 months to July 2016 at 6.0m (+14.8% pcp v 13.7% at end June 2016); Chinese inbound 12 months to July 2016 at 1.2m (+23% pcp); Japanese inbound 12 months to July 2016 at 382k (+17% pcp); US inbound 12 months to July 2016 at 671k (+16% pcp). The only negative in the data is that business inbound was soft (-1.2% YTD) although business makes up only 8% of arrivals. The best Exposures to play this tourism thematic are, in order of preference are: 1) Mantra Group (MTR) - BUY $4.95 P.T; 2) Village Roadshow (VRL) - BUY $5.80 P.T; 3) Ardent Leisure Group (AAD)- BUY $3.30 P.T.
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James' personality exhibits a strong passion for the share market, born out of his hard working and loyal nature which compliments his outstanding commitment to client service and an unmatched level of enthusiasm. James has been working @ Baillieu Holst for 8+ yrs servicing some of the worlds biggest and best institutions, HNW/Professional investors, Family offices with equity investments, portfolio construction, trading strategy's, quantitative screening for stock selection & IPO's just to name a few. Specializing in industrial focused companies/businesses, typically upwards of $20m Mkt cap- $800m mkt cap; James genuinely enjoys building lasting relationships with his clients and the level of repeat and referral business he receives is a testament to this. Feel free to contact me if you would like to inquire further about me or my services.
jnicolaou@baillieuholst.com.au
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James Nicolaou
Institutional Research Sales & Trading
Baillieu Holst Ltd
James' personality exhibits a strong passion for the share market, born out of his hard working and loyal nature which compliments his outstanding commitment to client service and an unmatched level of enthusiasm. James has been working @ Baillieu...
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