Thomas Cook Share Discussion Threads

[chinese investor] 16/7/2019 15:09

BTW don't follow any opinion I give !

[titasiinitramho] 16/7/2019 14:58

Saying that DEB did similar in the days before it died...

[titasiinitramho] 16/7/2019 14:55

Unless there is a drastic change of plan to what Sten and Fanky said in their tete a tete, why would this be rising.

Shorts closing?

Debt holders revolting thinking they can change the course of action?

Curiouser and curiouser...

[zen12] 16/7/2019 14:53

Extremely tight Spread now..should jump over 6 shortly..

[whatsthepoint] 16/7/2019 14:53

So what's your target nowI am calling 7.5p I bought 158k at 5.6572 in two lots.

[whatsthepoint] 16/7/2019 14:52

But you stated before you amended your post that you were completely out with modest profit. Now we are supposed to believe you miraculously didn't sell and in fact completely reversed your view now it's 14% higher to a buyer. !!!!Give me a break. Wiser after the event

[whatsthepoint] 16/7/2019 14:50

What a surprise !!!!

[chinese investor] 16/7/2019 14:48

My apologies !
As I have a reputation for posting trades well after I've executed them I decided this morning to post BEFORE I did the trade.
As it turned out my personal broker could not get the price I wanted so I did not sell.

I took the opportunity to buy some more.

Good thing too as it turned out !

[smraynot] 16/7/2019 14:48

Something BIG brewing🚀

[zen12] 16/7/2019 14:45

You mean the smart shorters lol

[whatsthepoint] 16/7/2019 14:41

Shorts have to be careful lots of profit to take but don't want to start a big rally as they all try to buy back stock. A bit of a conundrum for shorts and longs as know one knows any details of any restructure.

[freddie ferret] 16/7/2019 14:32

Who is currently on the board and have there been changes over the last few years, watch any changes to come. Dig into their past records.

[whatsthepoint] 16/7/2019 14:30

Spread has suddenly widened a lot MM don't have any orders so maybe selling is done now it's just do Shorts cover or hold out !!! It's a big risk for any new shorters.

[sbb1x] 16/7/2019 14:30

Shorters close your shorts.Give the longs a breakShorters bank your profits

[whatsthepoint] 16/7/2019 14:29

6p about to go this could easily bounce to 7.5p

[freddie ferret] 16/7/2019 14:25

This is interesting.

Some of us have been around a long time and maybe have seen it all before, but the question is how will this pan out?

Is there value here?

Who is to get that value?

The question is will there be a transfer of ownership? If so what will be the process by which that transfer will be enabled?

Ultimately the question boils down to the loyalty of the management to the shareholders plural. If there is only limited loyalty of the management to some shareholders transfer is more likely.

There is a lot of debt with this company, who owns that debt, that is its structure and when does it come up for renewal???

I suspect a restructuring but all the ducks have to be got in a row for that. There is a substancial chinese interest in this company as I understand it, this complecates any analysis.

There may well be real value here, particularly if some debt holders are forced to take a hair cut. As I said all the ducks have to be in a row.

Some of us have long memories.

Have fun.

[whatsthepoint] 16/7/2019 14:22

Short squeeze could easily see this bounce 25-40% still be under 8p

[whatsthepoint] 16/7/2019 14:21

That's the words of a Shorter. With 124 million shorts to cover I am sure many will be thinking of buying back at these levels if they have been short a long time. Some will hold out for lower but could see a buying squeeze on the share price easy to see some big swings in percentage terms at these low prices. 10% is only just over 0.56p

[titasiinitramho] 16/7/2019 14:16

Something up at Cook today. Up 14.21%...


Thomas Cook's rescue plan could be blocked by its bondholders reluctant to see the value of their shares further diminished.

Citigroup analyst James Ainley - who declared the travel giant 'worthless' in May - said that if the rescue plan goes ahead, the shares would be worth just 3p each.

Currently they are worth just over 5p, having fallen 62% since Thomas Cook announced it was in advanced discussions with its Chinese investor Fosun last Friday.

They are hammering out a deal that will see Fosun, which already owns 18% of Thomas Cook, take a majority stake in the tour operator and a minority stake in its airline operations.

The deal has been welcomed by Thomas Cook pilots, but Citigroup's Ainley said it threatens to dilute its overall stock by about a billion pounds.

Ainley questioned whether bondholders would accept the proposed debt-for-equity swap, given the depleted valuation of the shares they would receive.

He denounced the plan as seemingly 'unrealistic' in a research note, adding that Thomas Cook would probably have to issue fewer new shares than proposed, or persuade investors that it has a strong turnaround plan, but he said there had been little detail from Thomas Cook on its recovery blueprint.

[hermanngoring] 16/7/2019 14:01

take the 5p on offer here as the equity is worthless.

[aztec786] 16/7/2019 13:53

Something up at Kier today. Up 25%

[once bitten1] 16/7/2019 13:41

It's simply Gambling now ... with loaded dice wake up !

[once bitten1] 16/7/2019 13:40

These sites are full of desperation... Thomas cooks future is assured ... FACT!!!These shares in their current stake are effectively worthless...Work it out amongst yourselves... Pathetic... Read Frankenstein CEO's Release .. Dilution will .. Market makers having a field day ...

[sbb1x] 16/7/2019 12:27

Shorters should just close there shorts. To give the longs a break