high dollar good for tourism, page-3

Annual Report 2009: http://www.hfm.com.au/funds/report/?id=176

Calender year 2009 passengers numbers are up from calendar year 2008 passenger numbers, reflecting a higher return for the company. This is despite that earnings were way down for the company for the 08-09 financial year.

So, if (and only if) we are going to see a return to a healthier economy, hopefully this will reflect in a better return if it means that consumer and business travel kicks up a gear. Besides, I think no better time to invest than just before the Christmas peak season for travel.

In addition (see graph), Williams %R is above 95% indicating an oversold stance, and the pattern indicates a likelihood of an upswing.



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Note 2: Do your own research. My views are for sharing, and debate, and should not be accepted as advice upon which decisions are made.