Thomas Cook Share Discussion Threads

[asagi] 08/12/2020 12:58

cheers Gooseman1979, same here. Closed at 0p.

Asagi (no position)

[gooseman1979] 01/12/2020 09:23

Short position with IG now closed

[asagi] 03/8/2020 10:30

only struck off on dissolution I'm told.

Asagi (short TCG)

[spittingbarrel] 26/6/2020 17:02

Asagi - My short position with Interactive Brokers is still open.

[asagi] 04/6/2020 07:57

will Companies House be starting strike off proceedings? According to this page:


the confirmation statement is more than three months overdue. Perhaps strike off is delayed during insolvency?

My position with IG is STILL open.

Asagi (short TCG)

[mallorca 9] 30/1/2020 14:00

That's ridiculous.

[spittingbarrel] 23/1/2020 20:08

I'm short with Interactive Brokers and they still haven't written them down to zero, they are marked at 3.451p.

[chinese investor] 23/1/2020 14:27

This is useful :-

[mallorca 9] 23/1/2020 14:09

Yep .. thanks Jaknife.

[mallorca 9] 23/1/2020 12:54

That's interesting …

I still haven't been able to close out my short with IG as they still haven't had formal confirmation from the Administrator that it is definitely not coming back.
They have released all the margin and the share price is showing as 0.0001p, however I cannot close it and take the profit until they have that confirmation and the TCG epic is cancelled.

Seem's to be going on forever.

Can't say that I'm very impressed with IG on that one.

[1224saj] 18/1/2020 13:47

Thomas Cook airlines to fly again as an online airline, as quoted in the Times????

[mallorca 9] 18/1/2020 12:01

Cant make my mind up about that one Jacknife.
I like the recovery plan but also feel that they will have to restructure the balance sheet at some point to tackle the debt.

Trainline is a huge short
Card Factory will go bust within 2years
Superdry a failing brand with zero profit this year.

On the long side … Inland Homes INL is one of my favourites and set to double.

[mallorca 9] 17/1/2020 16:20

As well as Trainline TRN …. two more excellent shorts ….

Card Factory .. CARD
Superdry …. SDRY

I'm short all three.

[mallorca 9] 17/12/2019 08:54

Passes the time though winding those muppets up.

[nigelpm] 14/12/2019 10:54

Probably best to stay here mate - always challenging going onto these boards with a bearish view - you won't change bulls minds.

[mallorca 9] 12/12/2019 09:14

Cheers Nigel,

can't claim all the benefit for that one - it caught my eye after Robbie Burns shorted it.
£2 billion valuation - totally ridiculous.
I am going to build a substantial short position there as it drops each 15% , adding trailing stops to the previous addition - hope that makes sense (was my strategy on TCG).

Anyone care to join me on the TRN board ? Pretty lonely over there - think I'm first in there to short.

[nigelpm] 11/12/2019 22:59

Great spot Mallorca.

You are looking at negative equity of £83m once you strip out Goodwill.

I hereby declare this board the short ideas board!

[mallorca 9] 11/12/2019 17:21

Jaknife,

£2billion + valuation for an App.
Currently losing money and with £42m debt.
Competition sure to enter this area too.
All the original IPO stakeholders have already sold out.

Robbie Burns also short TRN.

Hard to value it at £200m - never mind £2 billion.

I intend to load up heavy in steps as it falls during 2020 - as per strategy with TGC.
Big money to be made here if done patiently …. over 2 years.

[mallorca 9] 11/12/2019 09:48

Anyone looking for a great 2020 short … see Trainline TRN.
I have posted there.

[mallorca 9] 11/12/2019 09:08

I have just shorted Trainline … TRN at £4.27.
Target price £1.

[nigelpm] 02/12/2019 23:46

do you think that CMC Markets broke the law by paying out at zero? That's a serious question.

No. Funnily enough I spoke to them about it recently - all their TCX positions were hedged with a prime broker whom was willing to close at 0. I think it was a surprise to them and I congratulated them on beating IG to the punch. As I may well have said before CMC are head and shoulders above IG for retail - sadly most retail don't use them though.