Thomas Cook Share Discussion Threads

[1224saj] 12/8/2019 10:05

Kumala, nice to see you on here this morning. L2 is showing sellers pushing for more, but they are being taken up by hungry buyers. What do you think, Turks/ Russians buying more, they could easily add another 3 or 4% today? Need to to an RNS today ?

[1224saj] 12/8/2019 09:53

Once, I have lost like you but only on paper. Provided this BOS does not go bust, I am holding until doomsday even if it takes a generation to cover my loss and I will have my day with the corrupt BOD.

[csmwssk12hu] 12/8/2019 09:47

Based on this valuation the shareholders are expecting 96% dilution that’s current price of around 110 million added to the 2.7bn,if it’s 95% expect a 20% rise, if its 99% expect a 75% fall if its 99.9% buy plenty of toilet roll

[philmac56] 12/8/2019 09:45

Just gets better!! Not.

[csmwssk12hu] 12/8/2019 09:43

It’s fighting back regardless

[buywell3] 12/8/2019 09:42

Considerable dilution to come from the RNS

But the market for now does not seem to have listened


buywell3 11 Aug '19 - 13:06 - 19522 of 19573 Edit

What is playing out here is now a sign of the times

Going to happen more and more

The weaker companies with debt and operational/other issues are being targeted and problems being 'found out' and aired / broadcast via the web and social media in such a way that share prices fall ever faster and companies go into administration quicker than they ever did even 3 or 4 years ago.


Never has RISK been more an important factor in holding a share.

[qantas] 12/8/2019 09:36

Outside the FTSE 350, shares of travel company Thomas Cook slumped after it said it is in talks with its creditors about a further £150m cash injection, on top of the £750m it is negotiating with Chinese shareholder Fosun. The company said existing shareholders are expected to be "significantly" diluted as part of the recapitalisation, which it expects to implement in early October.

[dubian99] 12/8/2019 09:19

sp already diluted since the 12th July ' significant dilution ' comment, that comment is attached to every rns now regardless of the prevailing sp, be it 10p 5p, 2p,!

[mallorca 9] 12/8/2019 09:19

Very good chance still to get out though.
It wont be there for ever.

Still a nice shorting opportunity too.

The BOD are being very helpful in restating what to most is obvious.

[once bitten1] 12/8/2019 09:05

You miss the point .. This is directed in as childish a way to those who have continually misled misguided in short conned those with a glimmer of hope when there was none .. To those who have lost like me .. Let this be a painful but salient lesson ... IGNORE regular RAMPERS...

[mallorca 9] 12/8/2019 09:03

Great RNS this morning.

Mrs Mallorca is very pleased.

[1224saj] 12/8/2019 09:00

Calm down once bitten1, I see that you are a free member since 2017. Real people are in here with real money, life is a risk.

[once bitten1] 12/8/2019 08:54

Ha ha ha ha ha ha

[jungmana] 12/8/2019 08:39

Existing shareholders are therefore expected to be significantly diluted as part of the recapitalisation, although they may be given the opportunity to participate in the recapitalisation on terms to be agreed between among others, the Company, Fosun, and the converting financial creditors. The Group expects to implement the recapitalisation in early October 2019.

[kumala] 12/8/2019 08:36

that drop hit a load of stop losses.K

[jungmana] 12/8/2019 08:14

Sell this hugely indebted company that could get wiped out soon. Buy eco. Which has made huge oil discovery offshore Guyana. Could easily 4 bag from the current price.Always dyor

[titasiinitramho] 12/8/2019 08:13

-35%

6.3 - 6.9

[nigelpm] 12/8/2019 08:07

Nigel 50pc of bondholders is enough to form a quorum and get a deal done. You normally need a 33pc stake to block. Having 50pc tied up is likely enough since they probably need 66pc of holders at a meeting which they probably had.

Are you certain of this log?

My understanding was that terms are different from bond to bond.

[g2theary] 12/8/2019 08:06

Might put some of my ECO profits in here hahaha ... when it gets to 1p

[csmwssk12hu] 12/8/2019 08:00

Did anyone spot the debt is now £1.8nn, with the £900m effectively valuing tcg at £2.7bn