Thomas Cook Share Discussion Threads

[nudog69] 23/9/2019 22:42

Soz for everyone holders workers! 🇬🇧🤡✌ᥧ9; We are country is in deep 💩! Big family household names going down the pan! Soon this country will be in turmoil supply’s food rationing will arrive! Save your selves stock up on necessities cash out all shares! Be prepared for Armageddon 😱 it’s all ready started! Gla! Remember to vote nudog ✌️468;🇧㊃3;🇬🇧🇬🇧

[sentimentrules] 23/9/2019 22:42

Where da muney is

[quidzinn] 23/9/2019 22:39

@ SentimentRules ... best stay in Spain with all the other crims for the time being ...

Q

[diku] 23/9/2019 22:21

Insiders are just as fallible...so why do they have numerous Directorships...merry go round circus...

[sentimentrules] 23/9/2019 21:26

All I can see on flight radar is all the tc airplanes floating around the oceans. Is it a software issue?

[sentimentrules] 23/9/2019 21:24

Hi. I'm in Spain and not been up on the news. What's going on? My flight from benidorm doesn't exist on flight app?

[cyberbub] 23/9/2019 21:22

This is all a bad show :-(One thing I can't understand though - why is the Govt bringing in a whole new fleet to return the holidaymakers? Why don't they simply pay the administrators (and eventually the creditors) to use the... er... Thomas Cook fleet, on their original schedule for the next 2 weeks? Would the creditors not be happy to get quite a few millions into the coffers, to help pay back TC's bad debts? Seems like a no-brainer to me?

[paulpuertorico] 23/9/2019 19:44

Totally agree, used them a lot but felt very misled by bod resulting in losses... big shame for staff etc. Let's hopefully and bod are investigated for negligence/fraud

[philobeddoe] 23/9/2019 19:20

For those who have had issues with the poster KNIGELK, you may like to know what this TROLL enjoys doing in his spare time. He has been TROLLING the WRN chat board for the last FIVE YEARS - relentlessly so - he does it on a daily basis, morning, noon and night, even on bank holidays and weekends he's trolling away on the WRN board. He claims to be an interested observer who once held the shares, however it is no exaggeration to say that he has posted on WRN in excess of an astonishing 1500 to 2000+ posts over the last five years - all of it negative, all of it attacking both the company and it's shareholders, often bordering on outright defamation. And let's not forget this character doesn't hold a single share in the company. For those interested, you only have to glance back at his posting history to see for yourself the extent of this guy's trolling. And yet he still has the nerve to accuse others of trolling, the guy knows no shame.

[csmwssk12hu] 23/9/2019 19:19

Mal I think you are wasting your time trying to explain it, it’s quite simple really, within a few days you will have more money and others will have less

[ekuuleus] 23/9/2019 19:17

the 100% for shorts is just technical. mallorca will get his money, but it might take months before he can. IG requiring 100% just means he can't spend it on something else in the mean time.

closing the short Friday would have freed up the cash but at a slightly smaller profit.

[once bitten1] 23/9/2019 19:02

Thank goodness Mallorca lost ALL Yeeeeeeeha!!!

[mallorca 9] 23/9/2019 18:47

deltalo,

you don't know what you're talking about.

They pay shorts to zero, it's just a question of how long it takes before things are signed off.

See Jaknife's post above.

[deltalo] 23/9/2019 18:23

I'd be surprised if long or shorts get settled, it's not like the company has gone into administration, it's Liquidation so an instant freeze on any transactions including shares and wages. I'm afraid to say it but your well down the pecking order and I would be very interested and surprised if they do open orders. It's a complete mess and I feel sorry for the staff that have lost there jobs overnight.

[nigelpm] 23/9/2019 18:12

It's ridiculous really - this isn't a usual administration - it's a liquidation - there will be zero return for shareholders.

[suncanaria] 23/9/2019 17:57

I can't imagine that the assets of Thomas Cook are totally valueless. I am sure a new company will be spun out of them like Airtours.

[mallorca 9] 23/9/2019 17:47

Jaknife ..

spot on with IG.
I've just come off the phone after speaking to them.

From Wednesday they require 100% margin in account - long or short.
Non committal as to when they will pay out shorts.

Not great Customer Service - very blunt.

I'm fortunate that I can put up the 100% margin and wait.
Those who couldn't do that would have their positions closed out , I assume at Fridays closing price if short or zero if long.

Of course for longs , they have to put up the 100% now too or have their other positions closed to meet the money owed.

[nico115] 23/9/2019 17:39

Cmc When will they write to zero ?

[ekuuleus] 23/9/2019 17:24

hpcg - 'When will investors learn how short positions work ...?' Well not from you thats for shore.

Kockler and his £7m bet on TCG. Whoops.

[dealy] 23/9/2019 16:38

if the seller still has the right to the prize if the numbers come in then what the heck is the buyer at 1.50 getting? You need to check your logic

[keifer_1] 23/9/2019 15:47

Next to fail - Metro, the TCG of the banking sector.

[philmac56] 23/9/2019 15:44

This is where the money went.
Peter Fankhauser, the Swiss chief executive, has taken home £8.3 million since he took the helm in 2014, including a £2.9m bonus in 2015. Former chief executive Harriet Green was awarded a share bonus worth £5.6million. Chairman Frank Meysman has been paid £1.6million since 2014