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Found 5 results

  1. StingRay

    VRTP shares

    AUSTRALIAN FINANCIAL REVIEW › Annotations Village Roadshow investor day sends stock crashing MYRIAM ROBIN JUNE 11, 2019 Village Roadshow fell 9.1 per cent on Friday afternoon, despite an initially muted reaction to an uncontroversial strategy presentation it posted in the morning. The falls coincided with a 2pm sit-down Q&A theme parks boss Clark Kirby held for two dozen of the company's large holders and analysts. For many, it their first substantive interaction with the executive. Combining the share price reaction with our other sources of intelligence suggests he didn't exactly impress. Kirby is the presumptive CEO, anointed by outgoing chief Graham Burkeas his "preferred candidate" when he announced his own retirement after 30 years in February (Burke was absent from the investor day). Kirby is also the son of the company's chairman Robert Kirby, and grandson of its late founder Roscoe. For Village Roadshow – a company that discloses its purchases of bikinis from Burke's daughter Lisa and decorates its offices with artwork rented on company dime from the Kirby family – this is more or less par for the course. Village Roadshow heir Clark Kirby's first major investor briefing was accompanied by a 9 per cent share price plunge. AFR But the company – 42 per cent owned by the Kirby family and its allies – still saw fit to hire top-tier recruiters Egon Zehnder to conduct an extensive if probably redundant CEO search. Asked how much the company was paying, the response given to investors on Friday was that "Egon Zehnder doesn't come cheap". Well, of course they don't. And neither do the stretch white limousines the company hired to ferry said investors around. If any were unsure why the company spends so much on corporate overhead, now they know!
  2. Theme Park Girl

    Viking's Revenge closure

    Seems odd that the Flume ride has no reopening date for maintenance? Last week it said 20th November....
  3. BringADecentParkToSydney

    Should VRTP sell Sea World?

    Not sure if this has been discussed, But does anyone else think that Village Roadshow should sell Sea World to 'Sea World Theme Parks & Resorts'? And if so, does anyone actually know the chances of it actually happening? The park seems to have gotten worse over the years and it's honestly just sad, so I'm hoping that a decent company could make it 'good' again. Plus if they did sell it, then it could help Village pay off debt. After all, they sold Wet'n'Wild Sydney, so what harm could selling Sea World do? (By the way - if this has been discussed before then can someone please just link me to the thread?)
  4. Village Roadshow has posted results for 1H17 this morning, with the presentation to happen later this afternoon. For those interested, the slides from the ASX are posted here. So far my favourite bits are: (No one can tell it's a watermark if we flip the image ) And of course the interesting font use for the new campaign: (EDIT: Oh hey 2000th post, go team.)
  5. Hello! I decided to make this topic purely because Sea World aren't doing too great at the moment and are in need of some new ideas, SO, share them on here! Personally, i think that they should be focussing on expanding the park and adding new attractions, while removing old ones. Have fun!