don't laugh the motley fool Peter Stephens said TC in terms of profit growth it's forecast to record a decline in earnings of 7% this year while disappointing it's expected to reverse this next year to 23%
where d'ya get that figure from squire ? i take it it's probably from yesterday's update. I'll be content with slow and steady improvement, both with the company and the share price. Unless Fosun make a big move for T.C., then i can't see any dramatic movement with the s.p. Would be content to see it knocking on the door of £1 this time next year.
Fred,obviously wanting a positive outcome to the Monarch situation flies in the face of a TCG investor,just about anything to stabilise the market surrounding the travel industry is welcome at the moment. I must admit (as you do) the company is making progress,but the city still have reservations as to where it is going,hence the very poor response to the share price.I am sure that they favour Tui as a better bet,simply because of the Divi`s,and the stable share price,unlike the continuing high volatile share of TCG.The best of luck to you,H.
Sorry Fred,slight misunderstanding of the wording, it is meant to read---a positive result for Monarch getting a licence to trade.If they do get a renewal it just might ease the present uncertainty in the travel industry.
H, could you please define what in your opinion would be a positive result for TCG?
Personally, I am struggling to understand the need for Monarch as a brand in the market (with respect for the difficult situation for employees). It appears to be a Zombie as opposed to the TCG near death experience. Could the big 4 become 2, history repeats itself? If anyone can provide insight/rationale, happy to be corrected?
Maybe the disappointing outcome of todays update-----the share drop,could be partly due to the lingering uncertainty regarding Monarch`s licence to operate, a decision on this matter will be decided sometime in the next week.The masses who sold out this morning,could,on a positive result buy back in.
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