TUI Travel Share Discussion Threads

[yoyoy] 23/11/2010 08:44

weakening euro?

[trader steve] 12/11/2010 08:28

Gone short on TT. this morning on a new 20 day low, continuing lower highs and a resumption of the downtrend.

[aspers] 05/11/2010 12:21

Looks like the buyers are returning late this morning......must be oversold at this and for sure a safer bet than the banks at the moment. Would not be suprised to see this back above 225p soon. :-)

[aspers] 04/11/2010 06:45

Have we found a double bottom at 205??...Looks to me like now is the time to get back aboard, looking to make a slow climb back I feel :-)

[dylanrab] 21/10/2010 22:42

Think there is more pain to come, dow down this eve and futures looking weak for tomorrows open, think we could see £1.90 - £1.95 over the next couple of days.

[aspers] 21/10/2010 16:54

Nice £3.9million buy at 205p....lets hope to see a quick bounce back above 220p :-)

[bookbroker] 21/10/2010 14:59

Makes it more likely that the parent TUI AG. start to be more assertive and pro-active in the day to day operation of this co. as it is such a significant part of their business, full control more likely in the medium term.

[salpara111] 21/10/2010 14:43

Been watching this one for a while but didnt take the plunge...if we see 190 again then I could be tempted.
Clearly someone f*&ked up big time but it is historical and not an ongoing problem so there should be less impact going forward.

[grahamburn] 21/10/2010 14:31

But the CFO is not still in a job (well not after the year end, anyway). Could be an amicable way of dealing with the problem, but the effusive words used by the CEO about the CFO seem to imply the problem was not down to total incompetence, just poor judgement. It's unlikely the out-going CFO would still be asked to deal with the end of year audit, if he was incompetent: he'd be shown the exit rather quicker (rather than "being honourable and resigning").

On the other hand, if the CEO's words are found, in hindsight, to be too effusive, then it might be him on the exit turnstile somewhat quicker than the CFO.

[constantine] 21/10/2010 14:29

Well it just look like from my angle that kind of mistake can make only the person who does not really care about his position and the company. I mean you will not hire to such level anybody inexperienced unless you want to do to somebody a favour. Kind of mistake will not be accepted from collage student but he had a staff of people that didn't raise the issue. I think they were just afraid of him to get fired. Well he earned his salary.

[strelitzia] 21/10/2010 13:41

Constantine you seem to be referring to information about nepotism. Would you care to elaborate - who do you think has been employed becuase they are a friend or relative ?

[constantine] 21/10/2010 11:07

This is what happened when you employ your relative or friend who does not have a clue about the job he supposed to do. The management should get some education in accounting. I am sure lots of courses even for free available in the UK.

[alphahunter] 22/9/2010 14:23

Just bought, a pure punt at 226p

1+) TUI AG's announcement this morning suggests that they may dispose their stake in Hapag Llyod sooner rather than later - and that will get the sell-side analysts excited.

2+) Since the 7.5% spike early September on the back of take-over rumours, the stocks are more or less moved in line with the broader market. That means that some speculation is built-in in the SP, much not outrageously.

3+) YTD TUI has underperformed Kuoni AG, ClubMed, RCL, CCL by a great deal. Note that ClubMed is itself subject of take-over speculations.

4+) Valuation is moderate, baking-in some earnings downgrade in my opinion. Forwards bookings from Club Med were encouraging a week or so ago.

Two concerns though

1-) Why has Goldman Sachs flipped-flopped on their recommendation (Neutral/Buy/Neutral)? Potential conflict of interest or a something more ominious?

2-) Could TUI AG's force a cut in dividend so as to get TUI Travel on the cheap? I know, that's sound conspiracy theory.


Also posted on iii.
Thanks for reading.
GL

[careful] 01/9/2010 17:13

what a great day.
up almost 8% and ex divi not included (3.2p).
after a wet summer at home, a weaker euro and no more volcanic ash scares these could recover very quickly.

some small travel agents going bust also will help TUI.

[master rsi] 15/8/2010 21:49

From the INDY ..............

Market Report: TUI travels higher as bargain hunters move in

TUI Travel sailed ahead as bargain hunters, undeterred by the recent profit warning, piled in last night.

Earlier this week, the tour operator warned that full-year profits would be at the lower end of expectations, as UK trading suffered in the wake of the Icelandic volcanic ash, the run of good summer weather and the post election uncertainty among consumers. The shares duly fell back, with TUI closing at 190p on Wednesday. But they switched course and rallied by 4.5 per cent or 8.6p to end the week at 201.2p after Goldman Sachs said that, while it may have faced a challenging summer, recent declines meant that TUI's shares were now trading on "compelling" valuation multiples. The same was true of Thomas Cook, which rose by 0.4p to close at 176.9p last night.

Urging investors to "look beyond the rear view mirror", the broker highlighted the fact that, in year-on-year terms, winter bookings were currently flat at Thomas Cook and up 3 per cent at TUI. "In addition, our economists forecast a decline in UK unemployment, with which holiday bookings are strongly correlated," Goldman explained, upgrading both stocks to "buy", albeit with lower target prices to reflect the current weakness in trading.

[sruthan] 13/8/2010 08:42

TUI Travel raised to buy from neutral at Goldman Sachs, target price 220p down from 260p
StockMarketWire.com

[killieboy] 11/8/2010 19:54

............. and another 6% fall today. It is as if us small PIs are just not wanted................!

[dylanrab] 10/8/2010 22:06

Yeah but I think the fall is overdone and the bounce back could be just as quick if TCG results are not too bad tomorrow. Think poor results are priced in already.

[killieboy] 10/8/2010 18:42

A co worth £2.5Bn losing almost 10% market cap in a day - these markets really are sh*t!

[zcaprd7] 10/8/2010 13:35

180 target for me...

[pointscorer] 10/8/2010 13:05

crashed and burned

[nellie1973] 21/7/2010 19:57

Speculation or bid?? Not sure how reliable this is.....

[edjge2] 11/3/2010 21:18

still on the upswing