Travelzest Share Discussion Threads

[swizz] 02/9/2013 19:26

29H - You need to get out a bit more often, I reckon you are starting to get a bit stir crazy, fwiw.....I won't be dumping anything in the morning, whilst this is clearly a high risk punt, it is exactly that a punt,..........GL S

[29howard] 02/9/2013 19:15

oops you are part of his gang now, he preys on weak players like you buying his
every pump and dump.

[29howard] 02/9/2013 19:14

Suspension soon swizz, dump in the morning before topinfo and the gang.

[brasher2] 02/9/2013 17:58

You think a takeover is on the cards. It's about the only thing that will propel this.

[yashdi] 02/9/2013 16:33

Theres something strange going on why would the shareholders led consortium buy the debt of the company. There will be a takeover announced or sale of assets and a shell company will be created to invest in another venture lets wait and see what happens. Todays fall in share price to me does not make sense. Any announcement should be made this month.

[ukmassy] 02/9/2013 16:00

LOL! 29!!!!! Good one!!! I shall repost that on the Top cough traders thread!

[29howard] 02/9/2013 15:53

LOL

You pump and dumped this years ago at 20 times the price.

TOPINFO 11 Sep'11 - 16:27 - 124 of 268 0 0

I dont want out, I want 18-20p bid and thats why I bought in.

[29howard] 02/9/2013 15:51

lol

Shameless pump and dumping of a soon to be suspended stock, you never stop do you topinfo !

[topinfo] 02/9/2013 15:40

You just watch all them that sold out TVZ earlier flock back in before close ready for 2moros surge. It hasnt been noticed by everyone today coz on fallers list and not many watch that, wait til its on risers list 2moro and at the top. I reckon 0.6p+ easily 2moro. If you can buy back in then I would if I were you.

TVZ!!!!!!!!!!!!!!

[topinfo] 02/9/2013 12:26

�The current proposals being discussed value the Canadian business at a substantial premium to the current market capitalisation of the company,� a statement said this morning.

[topinfo] 02/9/2013 12:26

Travelzest targets management buyout as sale talks end
30 October 2012 at 07.56 GMT

comment icon 4 Comments




Travelzest has terminated efforts to sell the company�s Canadian business in favour of a management buy-out.

The company, which has sold or closed the majority of its UK operations, sought buyers for its profitable Canadian arm in May which includes online travel agency iTravel2000 and Cruise Professionals.

But Travelzest today announced that the formal sale process had been dropped in order to focus on negotiations with the management team.

�The current proposals being discussed value the Canadian business at a substantial premium to the current market capitalisation of the company,� a statement said this morning.

�These negotiations are still at an early stage and there can be no certainty that they will result in a sale that is acceptable to the board and shareholders.�;

In a trading update, Travelzest said conditions in the company�s core Canadian markets have been �very encouraging� for most of the financial year.

However, the company �has experienced some delay in bookings in the last six weeks as our suppliers try to hold their price increases and our customers wait to see if prices fall�.

Travelzest added: �Despite this, the company expects to achieve an improved trading result at the EBITDA level both before and after exceptional items for the full year in comparison to the previous year.

�We remain confident that our leading position in the Canadian travel sector will continue to provide exceptional opportunities for growth.

�The UK businesses, all of which have either been sold, closed or are due to close, are now a small part of the group.�

Last week Travelzest suspended new business at it's numerous tour operations including France self-catering specialist VFB Hoolidays, Captivating Cuba, Malaysia Experience and Best of Morocco.

[topinfo] 02/9/2013 12:26

And look at the previous bid at 115p a share TVZ. Worth a punt down here IMO.



Specialist online travel group Travelzest says it is in �early stage� discussions over a potential offer at 115p or less.

[topinfo] 02/9/2013 12:25

Travelzest confirms �29m bid approach


Dominic Walsh
Last updated at 12:15PM, April 19 2011

[topinfo] 02/9/2013 12:25

Defo worth a punt down here. Not long ago these were in bid talks at over 10p and much higher.

[narindg] 02/9/2013 10:54

suspension looming

[empirestate] 21/8/2013 12:23

'Another fine mess'

[empirestate] 08/8/2013 08:34

doesn't surprise me that litigation, especially if Carroll is Canadian, those lot and Americans love being in court.

[34simon] 01/3/2013 08:46

Old fund/holder selling out to new buyer at mid, yes interesting.

[ssur] 01/3/2013 08:33

3.5 million shares. Most unusual!

[empirestate] 28/2/2013 13:49

erm, 1 million shares, that's a decent amount for this co

[ssur] 19/2/2013 15:42

empirestate,couldn't agree more. The travesty is that the Canadian business is doing very well and puts the shares on a ridiculously low multiple. Obviously any bidder has to pay off the debt. Clear of that it is a nice very undervalued business.

[empirestate] 18/2/2013 14:03

ssur, i was unimpressed by the way they issued their RNS's. Talk about misleading shareholders, saying what a significant premium potential offers were, take them off the table to let the inhouse team have a pop and they can't do the deal. Pathetic, it needs a new management team here and quick.

[ssur] 15/2/2013 17:04

Looks like some bottom fishing today!