Tui Share Discussion Threads

[jubberjim] 12/5/2023 06:29

I have a question as to the rights

As we know they were only able to be sold by private investors they couldn t be bought by ordinary shareholders

What was the lowest price they were sold at and what was the high.

Looks like my recent purchase was at the top so any information will help me as to what I do next

Thanks

By the way my inclination is to average down if able

Thanks

[brut winky] 11/5/2023 10:48

Gap has been filled at least, results lacked lustre but they're undervalued.

buy out and break up looks the best thing with these.

[blackhorse23] 11/5/2023 10:17

Small cap like GATC even better than TUI right now because of 0 debt & company in profit , buying back shares & pays dividends ... TUI behind another 5 years to come back that level , bumpy roads ahead , fasten your seat belts lol

[blackhorse23] 11/5/2023 10:12

How much interest TUI has to pay on its 5 billion debt?? Interest rates are going up again

[jubberjim] 11/5/2023 07:29

Ps
If someone who has access to lse chatroom could tell Marcinkus that as regards the the discrepancy in his view of price in my humble? Opinion that his brokers when doing the calculation are not including his original holding of 2000 pre rights when calculating and are using 5333 instead of correct amount 7333 ?
Good luck all I think we will all need it

[jubberjim] 11/5/2023 07:07

Well in it now sink or swim

Impatience is my cross to bear have to curb that I think

Will take solace from my opinion is market is extremely nervous

Investors looking to sell on any uptick don t blame them

Have some decent dividend payers in portfolio so just have to ride it out as have done the last shekels and some anticipated here two days ago

Whoops

Pass the quells please.

[careful] 10/5/2023 16:15

A miserable reaction today.

Most lose money investing in the stock market.
Not worth the risk.

Companies such as TUI give good service to customers, generate business for other companies, and offer good careers for employees.

...but we shareholder/owners do badly out of it, we even provide cash to prop it up when it is struggling.

A mugs game.

[master rsi] 10/5/2023 14:31

TUI falls after results but analysts see 'window of opportunity' for shares
Proactive Investors - Shares in TUI (LON:TUIT) fell 4% to 539p after the tour operator shrank its loss not quite as much as expected, but said booking trends were strong and average selling prices for summer improving.

Operating losses of €242mln for the second quarter to 31 March were down 26.5% on the same period a year earlier but slightly bigger than the €236mln loss the City expected.

Net debt was €4.2bn, up from €3.9bn a year ago, but thanks to a recent rights issue is down to €3.1bn now.

The Germany-headquartered group, which also owns what was Thomson in the UK, reported a total of 12.9mln bookings taken across the Winter and Summer seasons, with roughly 4.2m bookings added since the first-quarter update.

Anslysts at UBS (NYSE:UBS) noted that cruises continues to underperform compared to pre-pandemic 2019 with pricing still down 7%.

But tour operator losses have recovered closer to 2019 levels, while hotel profits are higher.

"We believe the recent decline in kerosene prices and strengthening pound could be tailwinds for 2H - although the magnitude of the support is unclear due to limited disclosure on hedging," the analysts said.

The shares have "significantly underperformed" the EU travel sector so far in 2023 in the context of its April rights issue, but today's results are seen as "suggesting things are on track" with improving prices and stronger cash inflow.

"We see a potential window of opportunity over the next weeks for the shares to outperform travel names, narrowing some of the gap," they said.

[jubberjim] 10/5/2023 10:48

Don t expect we will see a dividend any time soon

I need a holiday

Looks like Jaywick on Sea again

Drat

[brut winky] 10/5/2023 10:01

Did have a big gap up, this is now pretty much filled.

[steeplejack] 10/5/2023 09:22

Another placing within the next 12 months is unlikely.The last fund raising was arguably about as large as TUI could successfully get away with.Net debt post the rights is 3.1bn Euro.Bookings are running at around 2019 pre pandemic levels and if this pattern of recovery persists then its possible the company will avail itself of a further rights issue perhaps 2-3 years out when it can boast of a beneficial trading environment.

[steeplejack] 10/5/2023 09:09

TUI appreciated by a swift 10% in a couple of trading days ahead of these results.The update is much in line with expectations confirming a much improved trading experience and reducing net debt.The shares could consolidate around 520-540 level before pushing on.Blue skies.

[blackhorse23] 10/5/2023 09:04

Most of Summer booking has done at Q1 , Q2 EBIT loss has increased to 242m which will be FY loss somewhere 1 billion euros, top up 4.2 billion debt in balance sheet. Debt will go up end of year & company needs to find way out the shortfalls, hence likely another placing end of the year

[rongetsrich] 10/5/2023 08:54

I think we'll see 590 this week, but I think major resistance there before it runs out of volume. It's a marathon runner, even after yesterday's sprint.

[brut winky] 10/5/2023 08:47

Smart money is clearly still accumulating.

[pwal] 10/5/2023 08:33

I wouldn't be surprised if this finishes blue today.

[steeplejack] 10/5/2023 08:33

Net debt of EUR-4.2bn as of 31 March 2023 excludes the impact of the capital increase in April 2023 (31March 2022: EUR-3.9bn). If retrospectively, net debt is adjusted at 31 March 2023 to include these proceeds,net debt reduces to EUR-3.1bn.


Based on the strong booking momentum which is continuing into the Summer season, we reconfirm our expectations to increase underlying EBIT significantly for financial year 2023.

[s34icknote] 10/5/2023 08:12

All holiday companies make a loss in first half .They make all there money in summer Some retailers are like that with Christmas !!!Reduced losses means they are improving !!!!

[careful] 10/5/2023 08:12

There is a tax advantage in non cash writ downs and higher depreciation that leads to losses.
It is good business.

Tui is rich in assets, and it is sensible to write down the value of them.
What we need is to generate cash, but pay minimal tax.

Tui is doing that.

(if only we could reduce tax by writing down the value of our house car and other assets)

[brut winky] 10/5/2023 08:05

Decent results and guidance is good, buy the dip.

[montyhedge] 10/5/2023 07:50

The market is a forward looking indicator, not rear view mirror. All I know Gatwick is busy with Tui customers. Going forward they will make a fortune. No position in Tui, just interested.

[skinny] 10/5/2023 07:46

I've used them on and off for decades but as a suffering holder, I've unsubscribed to their increasingly intrusive email service - it smacked of desperation.

[blackhorse23] 10/5/2023 07:41

Debt increased to 4.2 billion , Q2 EBIT loss 242 million up by 87.5 million, probably require another placing in few months

[careful] 10/5/2023 07:40

Hard to interpret these results.
Obviously business is picking up and things re improving significantly.

How will the market react?

As an old fashioned investor I do not like to see significant loss for the quarter and a loss per share.

All this pumped up chat about improving EBTIDA is welcome, but it takes an accountant to analyse these numbers and to see the effects of non cash items such as depreciation of assets, writedowns, also debt interest.

But guidance for future increases in operating profit looks good.

Probably after the shambles of recent years that is all that matters, TUI are recovering.