We would love to hear your thoughts about our site and services, please take our survey 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.
Quite so. It’s in no ones interest to let a huge travel company such as TCG go under at the start of a summer season.
Those on here hoping for its demise are going to be disappointed in my opinion.
People need to stop scaremongering. Company has come out today and said it is business as usual. I hope for an RNS 7am tomorrow to strengthen the same message. This old dog is still gold. https://www.theguardian.com/business/2019/may/19/thomas-cook-says-it-is-business-as-usual-after-fridays-40-crash
I have a small position at 24.5p, citi’s note is purely based on speculation as they’ve used could and would but nothing affirmative. Unless the BOD makes an announcement this week to contain the situation and restore investors confidence I’m afraid the SP will drop significantly. After all the market acts upon buy the rumour sell the fact
It is clear that TC and the airline industry in general are under pressure atm. But i cant help but think some of this has been concocted by other parties - banks, hedge funds, fosun etc. Create a load of smoke and its difficult to get pinned for any wrongdoing and picking up assets on the cheap. Just my views
Just maybe not your equity
To give you extra peace of mind, if you have a package holiday, it is fully ATOL protected, so your money and holiday are safe.
Do you people ever look at the financials of these entities you are investing in? TCG has negative net asset value of -$1.3bn, as well as intangibles of $2bn thus a net tangible asset value of -$3.5bn. Mental numbers.
https://www.theguardian.com/business/2019/may/19/thomas-cook-says-it-is-business-as-usual-after-fridays-40-crash Seems TCG is starting to respond to the media...I would hope to see a market announcement in much the same way tomorrow...it does sound like despite what is certainly a difficult situation it may have been slightly overcooked by the analyst at Citi...TCG do certainly need to get and stay ahead of it now though...
Holiday giant TC has issued a statement reasurring customers that their holidays are safe amid fears the company could collapse 4hours ago