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SLK, SEALINK TRAVEL GROUP
blacksheep
post Posted: Dec 18 2018, 02:59 PM
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Posts: 5,270
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In Reply To: blacksheep's post @ Oct 17 2018, 11:07 AM

Low $A a 'sweet spot' for Aussie tourism
QUOTE
But for Mr Ellison, the chief executive of SeaLink Travel Group, it was just more good news. The low dollar has played a "fundamental" role in the growth of the ASX-listed aqua-tourism company over the past year.

"The dollar definitely helps. It makes it cheaper for tourists to come over here," Mr Ellison said between meetings. "But also, domestically, to go overseas it costs more, so we get more local tourists enjoying our country as a holiday destination."

read more - https://www.afr.com/news/low-a-a-sweet-spot...20181205-h18rmw
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Incat Crowther designs new Ro-Pax ferry for Australia
QUOTE
The vessel will be operated by Sealink Travel Group — one of Australia’s largest vessel operators — and will be built by Richardson Devine Marine in Hobart, Australia. The first vessel will go into service in December 2019.

https://www.workboat.com/news/shipbuilding/...erry-australia/
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 17 2018, 11:07 AM
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Posts: 5,270
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In Reply To: blacksheep's post @ Oct 15 2018, 07:44 PM

SEALINK NOTES SA GOVERNMENT RESPONSE TO CONTRACT EXTENSION
QUOTE
In 2015, SeaLink Travel Group Limited (SeaLink) requested that the South Australian Government consider
extension of SeaLink’s existing arrangements for use of the port facilities at Cape Jervis and Penneshaw to
underpin further investment by SeaLink in both vessels and South Australia.

SeaLink has been verbally advised by the South Australian Minister for Transport and Planning, Stephan
Knoll that the Government has reached a decision in response to that request and decided the use of port
infrastructure and facilities will involve a competitive tender to take effect from 1 July 2024 as part of these
arrangements.

SeaLink is currently continuing discussions with the Government regarding future arrangements and will
update the market as information is available. The current contractual arrangements remain in place until
July 2024.

We welcome the Government’s decision to move the process forward and provide clarity to SeaLink, its
shareholders and the 370 staff we employ in South Australia
.
SeaLink has an extensive and growing national footprint including ferry and other operations on Sydney
Harbour, several locations in Queensland and Northern Territory, Western Australia and South Australia.
Most recently it won the competitive tender to operate the Bruny Island ferry service in Tasmania.




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 15 2018, 07:44 PM
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Posts: 5,270
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In Reply To: blacksheep's post @ Aug 22 2018, 02:49 PM

Kangaroo Island fast ferry service told to pay for dredging Cape Jervis sandbar
QUOTE
After only four months of operation the Kangaroo Island Connect ferry service has again run into problems, with the owner saying he has been told to pay for his own dredging despite the SA Government funding similar operations elsewhere.

A sandbar at Cape Jervis has affected the catamaran ferry over the past few months, forcing it to either moor at the local jetty or stop operating at low tide.

Managing director David Harris said carrying out the dredging needed to get the vessel to its licensed berth would be extremely difficult and expensive.

read more - http://www.abc.net.au/news/2018-10-11/kang...edging/10364254
https://www.shortman.com.au/stock?q=slk
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 22 2018, 02:49 PM
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Posts: 5,270
Thanks: 2066


In Reply To: blacksheep's post @ Jun 28 2018, 11:12 AM

Highlights
QUOTE
 Record sales of $209.4m (up 4.0% from $201.4m in 2017) driven by the acquisition of Kingfisher Bay Resort Group on Fraser Island, new ferry services, and growth in core tourism and transport operations in South Australia, South-East Queensland, Townsville and New South Wales.

 Underlying second half performance in line with expectations, with underlying 2018 Net Profit After Tax (NPAT) of $22.1M (before business acquisition costs and new route start-up costs),
down 7.1% on the previous year ($23.8m)

 Underlying EBITDA (before acquisition costs and new route start-up costs) of $46.5m

 Underlying basic earnings per share of 21.8 cents

 Fully franked final dividend of 8.0 cents per share, in line with 2017 final dividend


Also announced the retirement of Jeffrey Ellison
QUOTE
SeaLink’s Chairman, Andrew McEvoy, today announced that Mr Jeffrey Ellison has given notice of his intention to retire as Managing Director of the Company effective from SeaLink’s AGM in October 2019. Mr Ellison will remain as CEO until such time as a successor is appointed to ensure a smooth transition.

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 28 2018, 11:12 AM
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Posts: 5,270
Thanks: 2066


In Reply To: blacksheep's post @ May 23 2018, 07:18 PM

Latest rumor from AFR

Private equity ferries NRMA to SeaLink
QUOTE
While this column has not confirmed that it was NRMA that made a $481 million indicative bid disclosed last month - as first reported by Street Talk - it is understood Australia's peak road association has already held its own far ranging talks with SeaLink in recent months about whether the two can work together.

https://www.afr.com/street-talk
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 1 2018, 11:33 AM
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Posts: 5,270
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In Reply To: blacksheep's post @ May 24 2018, 08:10 PM

KI Connect will commence running a 2nd passenger ferry service to Kangaroo Island - in competition with Sealink

Second Kangaroo Island ferry service starts after months of delays
QUOTE
"For 25 years there's been a monopoly," he said.

"[SeaLink is] an extremely well-run company, but all big markets need competition and diversity.

"We've had 6,000 people within 24 hours access our website to have a look, so there's a tremendous groundswell to get a more competitive transport service to Kangaroo Island, and we're meeting that need, so I don't think it will be a problem — it's just getting it done."

KI Connect's adult fares start at $25 one way, compared with $49 for SeaLink.

http://www.abc.net.au/news/2018-06-01/kang...-starts/9823660


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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: May 24 2018, 08:10 PM
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Posts: 5,270
Thanks: 2066


In Reply To: blacksheep's post @ May 23 2018, 07:18 PM

Updated chart - SP up another 6.19% today, closing @ $4.46/share.


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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: May 23 2018, 07:18 PM
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Posts: 5,270
Thanks: 2066


In Reply To: blacksheep's post @ May 23 2018, 10:49 AM

According to AFR analysts suggested that the highly acquisitive Fosun, owner of the Club Med SAS resorts network, may be among potential buyers
Updated May 23 2018 at 4:17 PM
SeaLink leaves predator in its wake
http://www.afr.com/business/tourism/sealin...20180523-h10g3z



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: May 23 2018, 10:49 AM
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Posts: 5,270
Thanks: 2066


Up 11.81% on this report - currently SP @ $4.26/share

RESPONSE TO REPORT REGARDING A POTENTIAL CHANGE OF CONTROL PROPOSAL

QUOTE
SeaLink Travel Group Limited (“SeaLink”) refers to a media report in the Australian Financial Review that it
has received a proposal regarding a potential acquisition of SeaLink.

SeaLink confirms that it received an unsolicited, confidential, indicative and non-binding proposal
(“Proposal”) from a party expressing interest in a transaction which would result in a change of control of
SeaLink. The Proposal was for 100% of the shares in SeaLink for cash consideration of $4.75 per share.

The Board carefully considered the Proposal together with its financial advisers and unanimously decided
to reject it, having concluded that the Proposal undervalues SeaLink and that the Board would not be in a
position to recommend the Proposal to its shareholders. The Proposal was subsequently withdrawn.

The Board of SeaLink recommends that shareholders take no action in respect of the Proposal and the
Board considers that SeaLink is well positioned to continue to deliver strong growth.


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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Mar 26 2018, 06:45 PM
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Posts: 5,270
Thanks: 2066


In Reply To: blacksheep's post @ Feb 22 2018, 11:58 AM

Acquisition of Kingfisher Bay Resort Group completed today. SP also finished in the green - one of a few today - albeit on low volume

QUOTE
SeaLink Celebrates Completion of the Acquisition of Kingfisher Bay Resort Group
SeaLink Travel Group (ASX:SLK) (SeaLink) today announced the completion of the acquisition of the assets
and operations of the Fraser Island Kingfisher Bay Resort Group (“KBRG”) on Fraser Island, Queensland, for
$43 million from Cosmos Australia Pty Ltd, with all customary conditions precedent having been addressed.
SeaLink Managing Director, Mr Jeff Ellison said, “We are all systems go and are ready for the Easter break.

We are very much looking forward to working with the terrific management team on Fraser Island, led by
David Hay, to further develop the full potential of this truly iconic location. David and his team have done a
great job of enhancing the visitor experience on Fraser Island in recent years, and we share the same vision
for its future growth. From our perspective it’s all about positioning this remarkable place as one of Australia’s
leading eco-tourism experiences.”

The SeaLink Fraser Island acquisition comprises four distinct, profitable and well-established tourism and
transport operations – Kingfisher Bay Resort, Eurong Beach Resort, Fraser Explorer Tours and Fraser Island
Ferries. It accounts for 90 per cent of accommodation rooms on Fraser Island.

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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