re: spp brokers say strong buy
Well I bought under # Hins... the usualy of course, by paying a few hundred per HIN :)
U gotta love online brokers lol
Oh...by the way.... TWO brokers have this as a STRONG BUY and some more info...... below
Beefed-up S8 ready to call the shots
Date: 16/5/2006 Author: Stephen Wisenthal Source: The Australian Financial Review --- Page: 14 S8 is rubbing its hands in delight at the thought of increased negotiating clout. The Australian travel group expects to gain a lot of power through its Transonic Travel and Travelscene American Express acquisitions. Adding to S8's existing subsidiary, Harvey World Travel, the company's franchised portfolio will number 1,700 agencies. The group will also gain a strong connection to the seller of $US16bn in air tickets annually, American Express. S8 will be able to make lucrative bulk deals with international airlines and, as chair Jenny Hutson points out, the airlines will also gain from the efficient negotiations. If its bids succeed, S8 will pay over $A200m for the two travel groups
SEL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held