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Helloworld Travel Ltd (HLO) $2.69

A smaller/interesting opportunity in the travel sector is integrated travel agency business Helloworld (HLO) with a market capitalisation under $500m. This company operates a franchised network of travel agents while it is also involved in wholesale operations, trading on a steep discount to the other more established players. They recently made a game-changing acquisition of 34% in Norway-based B2C travel business, Australiareiser, the largest specialist travel wholesaler from Scandinavia to ANZ and the South Pacific, which will be a key driver in future earnings growth for HLO.

HLO
MM is bullish HLO into pullbacks ~$2.50
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Helloworld Travel Ltd (HLO)
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