Tourism Holdings is being praised for hitting targets during five years of restructuring, acquisitions and growth; pictured, a Maui camper van crosses the Deadman’s Point bridge over Lake Dunstan at Cromwell. "That gives investors more confidence that Tourism Holdings can actually hit its targets," he said. She forecast THL would deliver "modestly above" its own guidance of an after-tax profit for 2018 in the $36million-$39million range. However, he noted THL was operating in a period of significant political, technological and social change on a global basis. Citic built up the Tourism Holdings stake between September 11 and October 16, buying 8.7 million shares for $42.2 million at an average price of about $4.82 a share.

Source: Otago Daily Times October 20, 2017 15:56 UTC