Ann: HLO FY24 Investor Presentation, page-73

Fresh back from the Olympic games, I'm thrilled to uncover exciting buying opportunities.

While reviewing the report on my flight, I found no red flags as we navigate our way back to pre-Covid levels amidst sector challenges and inflation impacts.

managed has adeptly guided us through unprecedented times, steering us towards 2019 revenue and TTV figures. The current year-on-year growth signals promise, indicating that we are roughly 12 months away from reaching the $4.50 highs of 2019 IMO

It's clear that our revenue now surpasses that of 2019 based on today's TTV.Upon comparing the results of 2019 with f2024,

it appears that a trading value around $2.70 is feasible based on this alone and If management maintains this trajectory of recovery, we are poised to return to pre-Covid 2019 levels by June 2025 in my view. Delaying forecasts until September seems wise given recent US Fed rate cut announcements and potential impact on the Australian dollar exchange rates, potentially enhancing overseas travel attractiveness. The upcoming RBA meeting may provide insights into local inflation trends as well.
Happy Buying !!! All IMO