Thomas Cook Share Discussion Threads

[mallorca 9] 17/7/2019 14:01

Delisting

dear oh dear

[blueteam] 17/7/2019 13:48

I see there is talk of possible delisting in Oct when the plan is finalised / agreed. Can't see it but a possibility.

[mallorca 9] 17/7/2019 13:19

So for me it's

1p ish if the deal goes through.

Possibly 0p (Administration) if the deal is rejected.

[mallorca 9] 17/7/2019 13:08

Shareholder

I think that if the current deal falls through then it may well go to zero.

Some bondholders may reject the proposal and may prefer to get 35% of their cash back rather than shares in a new company structure which may still go bust anyway.

[shareho1der] 17/7/2019 12:54

Why don't you wait for 0p?

[zen12] 17/7/2019 11:42

Silly spread, but share price on the recovery. Afternoon should be interesting..

[dubian99] 17/7/2019 11:15

Thomas Cook most iconic name in travel, the Chinese won't have Easyjet Ryanair or Tui to worry them, took them 200 years to build the Great wall

[tommycal] 17/7/2019 11:14

Is Mrs Mallorca a hooker?

[zen12] 17/7/2019 10:37

Are them shorts closing yet!

[walkermike1] 17/7/2019 10:09

Agreed. Would not be surprised at all to see a 20 or 30% hike in the share price

[mallorca 9] 17/7/2019 09:53

Remember that my short positions here total over £1k per point and Im short from over 30p, so (tempting as it is to bank profits), holding for 1p does bring in another £4k + ….. that keep's Mrs Mallorca in new shoes for another year !

[mallorca 9] 17/7/2019 09:45

Zen,

I haven't decided what to do yet - I'm in no rush.

I'm leaning towards just waiting for the inevitable suspension , as I'm pretty sure it will reopen at circa 1p.

[kumala] 17/7/2019 09:42

got it. cheers.K

[zen12] 17/7/2019 09:39

Lol that coming for a shorter waiting for 3p!

[mallorca 9] 17/7/2019 09:37

Believe me , longs will never see 6p bid again.

If it was me and I believed in an eventual recovery story, I would sell now , take a break , clear my head, and maybe buy in after the restructure.

That would probably times my shareholding by 5 ish (buying back at 1p).

I still think that this could die however - even after the restructure.
It's just not the sector to be in.

[whatsthepoint] 17/7/2019 09:29

Well looking a lot weaker now. I may be wrong about a bounce.

[whatsthepoint] 17/7/2019 09:22

All I am saying is there are a few more twists and turns to come here yet.

[zen12] 17/7/2019 09:20

Or potentially, if investco shares are being hoovered up by a third party?

[whatsthepoint] 17/7/2019 09:20

It won't take much of a flurry of buys to move this ten to twenty percent higher. Shorts will be as fickle as longs if it looks like they may have missed a decent slug of profit.