SEALINK TRAVEL GROUP (SLK) Shares
ABOUT SEALINK TRAVEL GROUP
SeaLink Travel Group Limited operates as an Australian tourism and transport company. Its portfolio operates through four divisions.
The Kangaroo Island SeaLink division offers tours in South Australia, packaged holidays, ferry services, retail travel services and accommodation throughout South Australia.
The Captain Cook Cruises division operates tourist and charter cruises as well as ferry services. The SeaLink Queensland division offers ferry passenger services and packaged holidays and the Fraser Island division provides ferry services, retail outlets for fuel, food, and alcohol as well as accommodation facilities.
SeaLink Travel Group Limited employs approximately 1 600 people serving its 8 million customers every year. The company is headquartered in Adelaide, Australia.
OVERVIEW OF SEALINK TRAVEL GROUP
In 1989 the company is founded the Kangaroo Island SeaLink business is purchased. The company buys Subritzky Ferries in Auckland in 2004, which is sold in 2011.
Also, in 2011, the company buys Captain Cook Cruises, Murray River Cruises and Sunferries Townsville. Soon after the acquisition the Townsville operation is renamed SeaLink Travel Group.
SeaLink quickly expands when it buys specialist travel companies. In addition, it operates Adelaide Central bus station, the SkyLink Adelaide Airport Shuttle Service and a coach operation.
In September 2013, SeaLink purchases a ferry operation in Darwin. In October 2013 SeaLink is floated on the Australian Securities Exchange. The marine operations of Transit Systems are purchased in November. This adds Bay Islands Transit ferry operation in Brisbane, Gladstone Ferries and Stradbroke Ferries operation in Brisbane to the company’s portfolio.
In February 2016 the company buys the Captain Cook Cruises in Western Australia.
In 2019 the company announces that it would buy the remaining assets of Transit Systems for a price of US Dollar 635 million.
VISION & VALUES OF SEALINK TRAVEL GROUP
- SeaLink Travel Group Limited’s vision is to link the icons and landscapes of Australia with the rest of the world.
- The company continuously strives and creates opportunities to be one of the leading tourism-and-transport companies in Australia. It aims to offer its customers excellent, positive and fun experiences with each travel.
- The company conducts business in an ethical, sustainable manner and operates responsible. Shareholders are offered superior returns and long-term value.
MARKET PERFORMANCE OF SEALINK TRAVEL GROUP
- SeaLink Travel Group Limited trades on the Australian Securities Exchange under the ASX stock symbol SLK.
- Data analysis for the company’s annual results for 2019 reports record sales of US Dollar 248.8 million. Underlying net profit after tax is US Dollar 23.4 million.
- Underlying EBITDA is US Dollar 47.9 million. Basic earnings are 21.2 cents per share. Fully franked final dividends are 8.5 cents per share.
Buy SEALINK TRAVEL GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase SEALINK TRAVEL GROUP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy SEALINK TRAVEL GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SEALINK TRAVEL GROUP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE SEALINK TRAVEL GROUP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SEALINK TRAVEL GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy SEALINK TRAVEL GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?