Surviving the Super Slide

Surviving the Super Slide

It is very rare for the consequences of one companies actions to have such a profound impact on another. The tragedy at Dreamworld (owned by Ardent Leisure) saw a huge drop off in attendances to Village Roadshows theme parks.

Village Roadshow’s shareholders suffered far more than Ardent Leisure’s due to their higher levels of borrowing resulting in greater exposure to a downturn in attendance at theme parks. Village Roadshow owns Seaworld, MovieWorld, Wet n Wild, Top Golf, Paradise Country and Outback Spectacular. Sales got hit big time and the debt situation only got worse when the profits didn’t roll in.

Village Roadshow has had to fix its balance sheet by scrapping dividends, selling assets and raising additional capital. I think the stock has now hit a bottom and time does heal all wounds. Village Roadshow is no longer discounting tickets; so there are no 2 for 1 deals. I even notice that the price has gone up about 30% for the season pass. Not to mention going to Wet n Wild in the winter school holidays and experiencing the long line ups.

I think the stock has hit a major bottom and is trading far below replacement costs. Just think how much it would cost to build all of those theme parks. It has been a rollercoast ride for existing investors, I liked this stock and recommended it a couple of years ago due to the exposure to tourism on the Gold Coast along with Mantra which turned out to be great trade. I think investors should average down and new investors should BUY. Last sale $1.91

No need to be scared. The future looks good again for Village Roadshow

Stephen Hall

September 21, 2023.

Tracy & Adrian's knowledge/experience with financial markets, greater global & domestic political/economic impacts & individual companies/stocks is not just unique & refreshing, but also gives great peace of mind. Having a team this capable taking care of your hard earned to help avoid knowable negative impacts, and/or take advantage of opportunities well ahead of time is like nothing I've experienced before. Could not recommend highly enough. Subscribe to Adrian's newsletter too if you want a no B.S. commentary that is unlike the sanitised drivel coming from mainstream financial reporting.

jeff allott

June 22, 2023.

Sound knowledgeable and friendly service with advise tailored to my requirements

Natalie Gaby

January 12, 2023.

I highly recommend Super Equity to anyone needing assistance or guidance with their Super. Tracy was very thorough and clearly explained how Super works and why she made particular recommendations for us. Her (and the team's) customer service is outstanding with being very personalised, and we look forward to a long working relationship with them.

Charlie Gimblett

August 8, 2022.

A huge thanks To Tracy And Adrian from Super Equity for sharing their knowledge on the recent Introduction To The Stock market Course I attended. The course was fabulous and gave a great insight on how the world operates from Share Markets, to Economic Cycles, World Currencies and great tips on how to look for opportunities on how and where to invest based on local news and world events along with overseas markets and indicators. Also thanks again Adrian for the Silver coin for 1st prize as part of the demo share market game we played over the duration of the course. Would thoroughly recommend the Stock Market course as well Tracy and Adrian's knowledge on our own investments. Cheers Charlie

Leigh P

April 29, 2022.

Tracy has been a pleasure to deal with. Found her very approachable and patient. She is very knowledgeable in super funds and I would highly recommend her to anyone who needs more education on how to make their super work for them.

Lena Diez

February 25, 2022.

My husband and I have had the privilege of receiving the guidance, services and support from Tracy for over 5 years. Having joined Super Equity has been one of the best financial decisions we have made to date. Tracy's extensive experience and knowledge has guided and helped us improve in our financial journey. No question is to silly, Tracy is always available for any query you have and gives us the time to explain our portfolio and investments. Receiving the daily morning reports has been helpful to understand and learn the market. We have always highly recommended and will not hesitate to recommend Tracy and team for any and all financial guidance. Thank you Tracy and look forward to your continual support.

Tessa Daal

October 13, 2016.

Tracy has been an amazing teacher. I have gone from having no idea about what my super was doing and feeling really overwhelmed by the thought of all that it involved, to now being in control and understanding. Through super equity's I have a transparent, easy to understand managed fund. Tracy has even put me into contact with advisors specialised in life insurance and income protection. I cannot thank Tracy enough for empowering me and helping me organise all my affairs. If you need someone patient an knowledgeable to organise your super and investment portfolio, Tracy is the best!!

Dianne Bentley

July 8, 2016.

The service and support received from Super Equity has reached and surpassed all our expectations. Having previous experience with stock brokering firms over an 11 year period has highlighted to me how superior the service and support received from Tracy Askew at Super Equity is. For myself and for my clients. Tracy's in depth fundamental and technical knowledge in all areas of the market reduces many hours of my time in the research needed to be successful and profitable for myself and my clients.