Personally, I am comfortable with today's performance especially in light of the 1.7 % drop on the FTSE. I also found today's update simple and straight forward - no 'negativity' for once!! Just out of interest, if one looks at the share performance of TCG v TUI over the past 1 month, TUI is up 4.55% and TCG 18.25; over 3 months, TUI is up 11.40 and TCG up 14%. Ok, it's fair enough that we have had a hard ride in the not too distant, but it's interesting when you do a bit of 'analysis' of recent performance. I also feel that 9m in trades isn't at all "miserable" either. I happy enough at the moment and believe, as Puffy himself notes previously, that we COULD hit the high 1.60s in May / June time. We shall see, but GLA whatever your views or position. P.S. If TCG average selling prices are down 1% it really makes no great odds (IMHO) as long as we are selling and still making a return - better that than not filling the seats / holidays at all?!!
Just as expected usual facts and figures put forward, this is reflected in the miserable response from investors today.The update from rival Tui had a little more "bounce" about it giving a good boost to the share price,as usual the small rise early today in tcg is withering away.Puffy in his exellent piece the other day advocates patience in this share (two or more years ahead) ,but when you reach your mid seventies that word certainly in my case seems naked without the "im" infront.I want to point out that it is now nearly two years since we all bought extra shares at 138 to boost the coffers, tcg is up about six to seven pence in that time so I think moving money fom the impatient to the patient in tcg might take just that bit longer. Hopefully the grand children may benefit from this in the future,thats if as usual Puffy is correct.
Why is TCG average pricing down 1% for the coming summer season compared to TUI pricing being up 1%? This will make a big difference to full year results compared to TUI! TUI just seem to be one step ahead all the time even though I know we are going through transition.
With the Winter 2014/2015 season now almost fully sold, and Summer 2015 more than 50% sold, the Group is trading in line with management’s expectations. The UK business continues to trade ahead of last year, with significant bookings growth resulting from robust demand particularly for our Winter Sun holidays.
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