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Thomas Cook Share Chat (TCG)



Share Price: 24.50Bid: 24.54Ask: 24.59Change: 0.00 (0.00%)No Movement on Thomas Cook
Spread: 0.05Spread as %: 0.20%Open: 25.25High: 0.00Low: 0.00Yesterday’s Close: 24.50


Share Discussion for Thomas Cook


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No1Scarlet
Posts: 2,908
Opinion:No Opinion
Price:24.50
RE: Airline Sale
Today 13:53
Do you think we will leave the EU, our Parliament won't, can't make up their mind. Whilst Brussels also doesn't want us to leave.

France won't want us to leave so we make our EU contribution towards Notre Dam!!!!
 
Gate13Boy
Posts: 1,315
Opinion:No Opinion
Price:24.50
RE: Airline Sale
Today 13:38
The Telegraph article today suggests any sale is months away. If Fosun is unable to buy the airline due to EU rules, might it be that if the UK leaves the EU in the next few months, we may not be bound by EU red tape, and Fosun could be in a position to buy the whole group ? Just a thought.
No1Scarlet
Posts: 2,908
Opinion:No Opinion
Price:24.50
RE: Takeover
Today 13:07
Thechancers..I was also a shareholder with TTravel at that time.....yes the perks were rubbish and hard to "manage".

However, i don't think TT had the debt that TCG currently has.
thechancers
Posts: 4,056
Opinion:No Opinion
Price:24.50
RE: Takeover
Today 12:41
Regards the Thomson takeover many years ago, I have dug this information up. Looks like I only made a few bob from the sale and the founder members perk was rubbish

https://www.theguardian.com/money/2000/may/16/business.personalfinancenews

https://www.investegate.co.uk/article.aspx?id=200005150830465629K

I fully understand it's not relevent to the sale of tcg, but it's shows what happened in the last big sell off of a up travel company
thechancers
Posts: 4,056
Opinion:No Opinion
Price:24.50
RE: Takeover
Today 12:09
Forum will want the 100% of the company and to be a major player in the UK, why split it up, it's a ready made company, one is no good without the other and the shareholders will get a bigger return if it's sold airline and hotel business.
Remember when tompsons was bought out, I was a holder at the time, cannot remember the figures but I did ok
facester
Posts: 237
Opinion:Hold
Price:24.50
RE: Takeover
Today 11:46
As investors we all have a common goal...to get return on capital. If a takeover achieves that then fine...to a large extent its out of our hands. And it doesnt appear a hostile takeover as the Board are instigating the strategic review.

Appreciate there are holders who paid much higher prices for the shares and any sale may not achieve those prices. But a higher price is better than languishing where we are.
stock
Posts: 849
Opinion:No Opinion
Price:24.50
SP
Today 11:29
i know it bank holiday tomorrow ,but are thomas cook traded on the nyse?
spacetec
Posts: 333
Opinion:No Opinion
Price:24.50
RE: Takeover
Today 11:13
Fosun, the Chinese conglomerate that owns Club Med, and private equity firms KKR and EQT are among those reportedly considering offers for either Thomas Cook’s main tour operator unit or the whole business.
BigDano
Posts: 84
Opinion:No Opinion
Price:24.50
RE: Airline Sale
Today 11:11
hawkwing81 - What's all this silly talk about not wanting to sell the airline and only doing it now because their hand forced by the lenders... Some research would show that the airline was strategically put out to the market for sale a few years back it has always been on the cards.

Selling the airline is complicated by two things. A) The different parts of the Airline business and B) The fact that a deal will need to be done for Thomas Cook's holiday customers to travel on the purchasers airline. Lufthansa don't have this problem and they previously owned the Condor business and it's a great fit however regulations in the country will need to be given the green light before they'll be able to offer. What happens the remaining airlines businesses or selling the entire airline is currently being explored by the 3 investments banks that TC brought in to advice on the sale of the airline.
In my view, like all things in life, the investment banks are institutional investors across many quoted companies and when they were brought in to look at selling the airline they opened the door to suitors to look at the entire business.

Going to be in interesting few weeks/months ahead. Not sure I can see the sale of Condor being announced without an announcement that they also have a buyer for the rest of the airline so as to reassure customers/market. I guess what would be a big surprise is if Lufthansa don't get Condor and let someone else buy the lot. I cannot see that happening to the big Crane.

Selling the airline of course opens up the tour business to Fosun... Shares price only going one way in the next few weeks...
hawkwing81
Posts: 76
Opinion:No Opinion
Price:24.50
RE: harkwing81
Today 11:07
Jed, it was your post yesterday morning where you were talking about the 737 max and saying it would be flying by the end of the month, I was just replying and informing you that it will be more likely September until we see them flying. I have never said TCG have the 737 max.
jedclampit
Posts: 404
Opinion:No Opinion
Price:24.50
Takeover
Today 10:00
If fosun have already biult up a 17% stake I cannot see them letting this go to someone else. As this is now out in the press we could see fosun buying lots more to strenghtern their position maybe even to 29%.
Once the bod's have taken the action they need the costs will be much lower and the profit higher, and as this was trading at about £1.50 last year there is no reason why the sp couldn't get back to that.
So this should be worth at least 80p+ and even £1 - £1.50 to the right company. I think the bod's know they are sitting ducks and that's why they are taking this action.
jedclampit
Posts: 404
Opinion:No Opinion
Price:24.50
TCG
Today 09:53
Thomascook have been spending money biulding assets, see below.
They always make a loss at this time of the year, but they are taking action to adjust their costs.
They own some 28 planes and rent the rest I believe, but although they make good money from this business they have all the extra overheads for the planes and so without that they will make more profit from their hotels etc. Just like tui.
The Thomas Cook Group Airline is taking delivery of two additional Airbus A321 aircraft, which will be added to the Condor fleet for the 2019 summer flight schedule. The jets will be in service for Thomas Cook Airlines UK from winter 2019/20 afterwards. The Group Airline recently announced to include two further Airbus A321 for summer 2019, and will have a total of 105 aircraft then. Its short- and medium-haul fleet has been expanded by four additional own aircraft in total compared to the previous year.

Two Airbus A321s fly for Condor and are stationed in Leipzig and Hanover in summer 2019. In Leipzig, Condor is significantly increasing capacity with around 100,000 additional seats to the Mediterranean, the Canary Islands, Turkey and Egypt. Another A321 is flying in Germany as well, the fourth airplane completes the A321 fleet of Thomas Cook Airlines UK.

The fleet growth is a clear sign for the Group Airline’s focus on operational stability during high season: "Using additional aircraft of our own is another measure to live up to our quality promise next summer, even during the high season", says Christoph Debus, Chief Airline Officer of the Thomas Cook Group. With the additional aircraft, the Group Airline has further reserves available and has hired additional personnel on the ground and in the air. As part of an internal project, numerous other measures were implemented to ensure stable flight operations in the summer of 2019.
About Thomas Cook

For more than 175 years, Thomas Cook has been the UK’s trusted pioneer in global travel, opening up the world and enabling travel for all. Now one of the world’s leading holiday companies – Thomas Cook Group operates across 16 source markets, employs 21,000 people and has generated a total of £9.6 billion in group sales in the year ended 30 September 2018. Thomas Cook has around 200 own-brand hotels and resorts across seven brands – SENTIDO, Sunprime, Sunwing, SunConnect, smartline, Casa Cook and Cook’s Club.
No1Scarlet
Posts: 2,908
Opinion:No Opinion
Price:24.50
RE: Airline Sale
Today 09:50
Because of EU rules!
They sell the airline to??? Germans???
They are then allowed to sell be taken over by Fosun!
Fosun then with their Chinese contacts, sort their own airline out.

Simples!!!!

I wish.

Final note

A lot of shifters may get burnt from Tuesday, if there is a sharp rise with our SP.

Gla
jedclampit
Posts: 404
Opinion:No Opinion
Price:24.50
harkwing81
Today 09:49
You keep going on about 737 max being grounded until Sept, what's that got to do with TCG as they don't use this aircraft, and Beoing themselves said about a week ago the problem is the software and most planes will be fixed by end of April. I guess we will have to see.
facester
Posts: 237
Opinion:Hold
Price:24.50
RE: Airline Sale
Today 09:26
Safeguarding the business is the most important thing...and jobs of course.

Whilst I dont think there is any majorvrisk to the business short term...now is the time to recalibrate and put it on a sounder footing...however that is achieved.
upandaway.
Posts: 36
Opinion:Strong Buy
Price:24.50
Takeover
Today 09:26
Morning everyone i see we have a few people trying to talk this news down. Instead of wasting your time talking the share down have your finger on buy first thing Tuesday morning you still my have a chance to get in at a good price
hawkwing81
Posts: 76
Opinion:No Opinion
Price:24.50
RE: Airline Sale
Today 09:08
But they don’t want to sell the airline, they are having their hand forced by the lenders who want some money back. Anybody that does buy the airline know they will get a much reduced price due to the hand of TCG being forced. Without an airline what are TCG ? I think the best hope would be if EZY, TUI or Jet2 bought the airline but in the current climate that just won’t happen.
I feel desperately sorry for anybody currently working for the airline
facester
Posts: 237
Opinion:Hold
Price:24.50
RE: Airline Sale
Today 08:57
I dont think selling the airline alone is the answer. Although the Board are repositioning the business with diversification and reducing fixed costs...perhaps the time has come to sell the crown jewel. That way investors and lenders get a good deal and then give the remaining business to private owners to take forward.
hawkwing81
Posts: 76
Opinion:No Opinion
Price:24.50
Airline Sale
Today 08:49
How can anybody think the sale of the airline is a good thing ? The only reason that TCG are selling the airline is because it’s the only profitable part of the business that they can try and sell, the only reason they are selling the profitable part of the business is because the lenders want some of their money back.
Speak to anybody firmly in the aviation industry and ask them about Thomas Cook. I really do feel bad for people ploughing money into something that clearly isn’t working. If you are so determined to invest in an airline, then do so in one that isn’t in so much financial trouble.....TUI, DTG, RYR, EZY
MrNation
Posts: 255
Opinion:No Opinion
Price:24.50
RE: RE:Take over
Today 08:43
Exciting times just round the corner. Looking for a decent bounce north on Tuesday. GLA
hawkwing81
Posts: 76
Opinion:No Opinion
Price:24.50
RE: Thomas cook fleet
Today 08:40
You said that the 737 max would be flying again by the end of month, they are most likely to be grounded until September at the earliest. Read your post and then read my reply.....
facester
Posts: 237
Opinion:Hold
Price:24.50
RE: Lenders Talks
Today 08:38
The sale, whether just the airline or the whole business will be complex. Yes the company has debt but they are entering the period of the FY when it 'naturally' reduces..that should help. The airline is a major asset 1) because it makes money and 2) it has key runway slots at big airports.

If just the airline is sold then TCG should get a 'fair' price. But if it is complete takeover then possibly less so.

Either way TCG is worth far more than 25p. The sale/restructuring process started a long time ago and thats why the SP is languishing...those in the know etc.

I think this is good news for shareholders...a lot of uncertainties out there at the moment. Travel is a jungle of a business!
masaimara
Posts: 330
Opinion:No Opinion
Price:24.50
Lenders Talks
Sat 23:37
The key sentence in the sky news report to me is ----"Lenders prepare for crunch talks" ---Not a good sign!. This to me suggests that the vultures are gathering to get Tcg on the cheap because of the imminent problem with the lenders as regards the huge debt.
No1Scarlet
Posts: 2,908
Opinion:No Opinion
Price:24.50
More
Sat 22:54
Spookytooth
Posts: 822
Opinion:Strong Buy
Price:24.50
RE:Take over
Sat 22:06
I bought in last week. Even with the problems the share price is stupidly low and looks like a few interested parties think so too.

Roll on Tuesday.




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