The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
burn shorters burn. :-)
You don't buy forward on fuel and currency with cash Newboy.
PS I recently bought in and think they will turn round, Just making a point that Brexit is really, really bad for a Tour Operator.. gla
Ps - you think they have the cash on hand to hedge fuel and currency??
You obviously speak as someone who doesn’t sell in gbp and buy in other currencies
Nice to know the shorters are now coming in with the argument of Brexit...… lol
Weak arguments Newboy 58. Impossible to say what currencies will be doing next year - we could well have a weak euro and $. In any cast TCG massively hedges their euro and $ requirements to mitigate fluctuations. If that's your only fear I wouldn't worry.
Is that it?
As I mentioned a couple of hours ago: “Let’s look at the economics for the simpletons, TCG in the U.K. sell their holidays in GBP but they buy the Hotels in Mainly EUR and USD, and the fuel in USD. So a weak pound makes everyone’s holidays more expensive so people who have lost their jobs in manufacturing due to Brexit can’t afford holidays anymore.. and the people’s who's shopping trips have become on average 15% more expensive since the vote cut back and don’t spend on their 2 weeks in Benidorm”
Newboy 58. "Brexit is very bad for TCG". Reasons?
The UK is the 5th largest economy in the world
What part of this is not GREAT?
With all due respect If you don’t think the two are linked you are a fool. Brexit is very bad for TCG
Can we please get off the Brexit point and individuals opinions on this and focus on the Thomas Cook share.
And without a deal the Eu will collapse. Germany goodbye.
Remainers need to get louder. :-)
If this goes up, it will go up fast, that's for sure... Notice a lot of the de-rampers are not posting... So they obviously are paid weirdos as others have said.
More people voted hard Remain than hard Brexit. Simple math.
(so the bar needed to be set higher like similar constitutional votes are in some other countries.)
Why ? when D cameron said if the remainers win by 1 vote we remain, but it seems different when the vote leave by a 1.7m votes. Leave means leave. It was only the remainers that said we need to leave with a deal. tosh let's just go and be done with it.