Dart Share Discussion Threads

[woozle1] 03/12/2018 13:53

TCG's main issue is the UK. It still makes good money in Scandinavia; although I've heard that the bulk of the profits here come from selling thirsty scandis booze on the booze cruises and I think that Germany is OK. If they can hive off the UK into a pre pack/CVA then it stands a chance. I'm not sure whether this feasible or even possible.

I've never seen any value in TCG but if it can restructure the cost base via cva and the b/s via a debt/equity swap and/or a rights issue, it could emerge a stronger competitor, instead of a weak and vulnerable boxer that it absorbing punches from Jet2 and not being able to hit back.

Many of these businesses are funded by negative working capital, which is fine if (i) you have no debt and (ii) there is growth in customer continue to pay in advance. TCG's debt position is so high that it rated as junk B+. Of more concern, is the fall in the gross cash position which points falling customer demand. If this is the case, it is not case of if but when.

w1

[castleford tiger] 03/12/2018 13:12

What a clown Filtered

tiger

[castleford tiger] 03/12/2018 12:54

School starts at 1.00pm relax everyone.

What a sad life some out there lead.

Woozle TCG is too far gone to save anything for holders.
A pre-pack ( someone better explain that term to my other half) at best to save jobs etc.

tiger

[woozle1] 03/12/2018 12:32

TCG is looking to be a death spiral. At this rate, they will have problems with insurances, payment terms and will have to pay more upfront to secure beds etc. Ultimately, TCG has too much debt and too higher cost base. A rights issue/debt-for-equity swap will sort the balance but a CVA/mass closing of shops is needed to address the UK business. That's a jolly big ask to do in one go!

[woozle1] 03/12/2018 12:25

How funny that one of the 4 idiot amigos is pretending to be CT. As the saying goes, imitation is the sincerest form of flattery. I've just filtered the buffoon.
w1

[castleford tiger] 03/12/2018 10:42

Tcg in trouble again today

[davebowler] 02/12/2018 10:47

Those Trustpilot scored are a real eye opener, thanks for bringing them to our attention.

[snorkelparker] 02/12/2018 08:17

Still execpecting the market to sell off when May's deal does get put to sleep , expecting further rhetoric from Eurore as a wto exit becomes more imminent...but difficult to predict anything currently..

[pireric] 01/12/2018 16:58

It's hard to imagine the markets haven't priced in the Dec 11th vote being voted down though ...

[snorkelparker] 01/12/2018 09:54

Not living in uk or Europe its quite concerning all the press reports and coverage..guess just gotta blinker it out ..my main worry is the pound ...with tcg and flybe in the trouble they are in now can you imagine the melt down if the pound plunged..

[snorkelparker] 01/12/2018 09:13

All a bit of a mess really ...

[woozle1] 01/12/2018 07:32

Not sure the next month solves anything.
w1

[snorkelparker] 01/12/2018 07:01

Be glad to get the next month out the way...the politics is just killing any sensible investing .. presuming that clarity is provided or just price in what's considered the worse after the commons vote and get on with it..

[snorkelparker] 01/12/2018 06:58

yep first lot 28th March 2008

[woozle1] 01/12/2018 06:55

These are difficult shares to sell. Owned them and continued to buy since 2007.
w1

[ccraig69] 30/11/2018 21:38

aircraft acceptence testing being carried out.

[fokker45] 30/11/2018 20:32

Very interesting Trust Pilot scores, thanks for posting.

Yesterday I had to do some banking, and as my home town (population 14000) no longer has a bank, I visited the next town which does (population 25000). The high street was busy, and I noticed a Thomas Cook shop, which never noticed before. I was personally surprised/shocked to see TC have a shop there. I looked inside and there was one staff member serving one customer, no other staff or customers. No wonder they can't compete effectively with Dart on price.

[dpeng] 30/11/2018 19:11

Trustpilot reviews of the three competitors speaks for itself:
Thomas Cook:
Reviews: 1,134
Excellent: 12%
Great: 6%
Average: 3%
Poor: 7%
Bad: 72%
hxxps://www.trustpilot.com/review/www.thomascook.com

TUI:
Reviews: 1,901
Excellent: 7%
Great: 2%
Average: 2%
Poor: 5%
Bad: 84%
hxxps://www.trustpilot.com/review/www.tui.co.uk

Jet2Holidays:
Reviews: 2,113
Excellent: 65%
Great: 12%
Average: 4%
Poor: 5%
Bad: 14%
hxxps://www.trustpilot.com/review/www.jet2holidays.com

[castleford tiger] 30/11/2018 17:15

Ok thanks
My sister in law is in the business

Tcg closed 30 p with one broker saying target 12p
It could fail
Tiger

[minky] 30/11/2018 09:13

Turkey, Top agents