Thomas Cook Share Discussion Threads

[belt n braces] 17/7/2019 21:35

short tracker up a bit to 8.5%

hey CI did you sell the day?

[1224saj] 17/7/2019 20:46

Ekuul, it would be interesting for you to share your interpretation of the rules.

[1224saj] 17/7/2019 20:41

I'll rephrase my earlier comment by way of example. Invested in City Fibre at 42p which was off the year high of 82p. Private equity wanted to take company private, tried a low ball bid, then had to go back to market at 80p which was accepted by shareholders. If a company remains quoted shareholders can stay, all be it with severe dilution,unless of course they chose to match cap, which is exactly what PF said last Friday.

[barnetpeter] 17/7/2019 20:37

Yes look at the language....prudent, healthy, de-risk, etc. Cannot blame anyone for buying on this rns. Then a few weeks later....I am guessing lawyers would be queuing up to sue in the USA on such a disparity

[1224saj] 17/7/2019 20:31

Kumala, totally agree.Narrative like this is subjected but could been seen as a reason for PI to stay invested in the stock for a recovery. I think it would also have substance if a challenge was mounted as a result of what direction the BOD have now pointed the company

[1224saj] 17/7/2019 20:26

With you!!

[kumala] 17/7/2019 18:25

Mmmmm yes, the below rns was one reason to keep invested and no major reason to sell out at that time at circa 21p, indeed a posible arguement to further invest!!!!!!!!!!The general sentiment is left to the individual of course, but this was the rns posted.KRNS Number : 0829YThomas Cook Group PLC03 May 2019 Statement re bank financing3 May 2019 – Thomas Cook Group plc notes the recent media speculation regarding discussions in relation to its financing requirements.As stated in our first quarter trading announcement of 7 February 2019, Thomas Cook kept a healthy level of liquidity headroom through the last winter cash low period, maintaining a minimum liquidity buffer within our targeted range of £150 million to £200 million.Since that update, the business has moved into its key summer booking period where the Group's liquidity position continues to strengthen. Looking ahead to Winter 2019/20, we have taken the proactive step of engaging in discussions with our lending banks now to ensure we have both the financial flexibility necessary to maintain an appropriate liquidity buffer through the winter, and also the ability to continue to invest in our strategy of growth.Peter Fankhauser, Chief Executive Officer of Thomas Cook, said: "We have taken a number of prudent early steps to de-risk our business by taking out capacity in a challenging consumer environment. We have also taken the proactive step to approach our financing partners and are engaged in constructive discussions to ensure we have the flexibility and resources to continue investing behind our plans over the long-term."We will provide an update on current trading on the publication of our H1 2019 interim results, due on 16 May 2019.-ENDS-

[zibrahimovic] 17/7/2019 18:18

Thomas Cook Group (2022)

Last %24.010
Change %-2.03
Change in %-7.796


These are very low, infact lower than the registered 52 week low.

52 weeks low 26.040%

[sanks] 17/7/2019 17:13

Clients have been advised to only take a Shaggers stance on this stock, hence why i'm looking at taking a Shaggers Punt.

Hope this helps

[dawny1] 17/7/2019 17:12

Please everybody hang in and let these last minute shorters suffer they are the only ones who are chatting rubbish now to make ppl sell so they can make the last bit of money in this. Let this go to stop sale and it will stick at 5p and above. Be brave don’t let these scare mongers frighten you to make a buck so you loose big time. You been in a long time like me if we stick together and they reconstruct the business then I feel they can’t get rid of us out or go private or let the shorters win. Let’s stick together to the end!!! Are you with me I said ARE YOU WITH ME!!!!!

[hammopj] 17/7/2019 16:48

5p will go tomorrow. Oh dear...

[mallorca 9] 17/7/2019 16:27

Ekuu,

oh dear … you're a clown.

[zibrahimovic] 17/7/2019 15:59

5p about to go.

[mallorca 9] 17/7/2019 15:58

Yes, that's why I'd be snapping their hands off for 5p now.

[zibrahimovic] 17/7/2019 15:55

Buying at 1p could give a fantastic return. Even if the share price only ever got up to 10p

[mallorca 9] 17/7/2019 15:52

Could wake up to this being suspended any morning now.
That's when all will wish they'd got their cash out at 5p, to buy 5x the share qty at the future diluted price... 1p

[zibrahimovic] 17/7/2019 15:41

Under 5p arriving. What a disaster the management have created here. They had a lifeline in 2011 too.

Preparing to buy after dilution whatever price that will be and if the company has not been taken private.

[mallorca 9] 17/7/2019 15:11

122

Correct,

your shares will be priced (worth) at whatever level the dilution dictates , eg, 1p.
Of course you can then hold and hope they go up in value over time.
You will also be able to buy more shares at that share price or whatever the market value is.

Hence my surprise that all holders wouldn't just sell at 5p and wait to buy back after dilution has taken place.

Many just can't bring themselves to sell and accept that they got one wrong.

[william7093] 17/7/2019 15:07

That's what they are doing now keeping the price down hold tight

[1224saj] 17/7/2019 15:03

What happens when if the dilution goes through and shareholders don't want to sell their shares Fosun and others can't make you sell

[tracy_moore] 17/7/2019 14:46

mallorca9 your husband got as vivid imagination as you ?

[hammopj] 17/7/2019 14:46

Quite right. Oh dear... 4p looming..

[zen12] 17/7/2019 14:28

Julia Lo Bue-Said, Advantage Travel Partnership chief executive, said: "I'm pleased. Thomas Cook is a key partner and key industry player. It's good for the industry and consumers."Der Touristik UK chief executive Derek Jones agreed: "This is good for the industry and for staff. Anything that takes the speculation away is good."Richard Dixon, co-founder of Holidaysplease, said: "Thomas Cook adds value to our industry and is a reassuring presence."A former senior Thomas Cook executive said: "It's the best possible outcome and the most likely to preserve jobs. Shareholders are angry, but it keeps Thomas Cook going. It's a neat solution."Thomas Cook chief executive Peter Fankhauser said: "This is not the outcome we wanted. [But] this is a pragmatic solution that provides the means to secure the business for our customers, suppliers and employees."He insisted customers "can book without worries", saying: "We have enough resources to operate."Fosun noted its ambition "to grow Thomas Cook China into a major brand in the China travel market".China marketing expert Cathy Chon, head of Finn Partners Hong Kong, said Fosun would want to preserve Thomas Cook's brand: "When a Chinese group buys a western company, they want to retain its cachet. They also tend to be discreet."However, Chon added: "There is some awareness of Thomas Cook in China, but awareness is limited when you have an English brand name."A Thomas Cook spokesman said: "Having Fosun as anchor investor gives a lot of confidence."The TSSA trade union, which represents Thomas Cook shop staff, sought an urgent meeting with the group this week to seek assurances on jobs.But the Thomas Cook spokesman insisted: "Retail will remain firmly part of the tour operator. This [deal] is not good for shareholders, [but] for all other parties, it means continuation of the business."