Randfontein.human but def a different species . Nothing wrong with the brand, just need a break from the endless damaging news, some of whi h is ,orchestrated imo I do think many ARE affected cos they cant think for themselves.it amazes me how Cameron gets away with the obvious rubbish he spouts.i done 5 long hauls last year, no concerns, and wont be flying somali air.If we get a change in sentiment here, the many weak holders will toughen up. I just wish i knew Hg opinion of the management
Bet it will bounce back to 104-106 on Monday morning. This share is being played around with and a lot of folk poring over computer screens are making money every week on these falls and rises. There is nothing fundamentally wrong with TC at the moment, they are hedging themselves sensibly over the trouble spots. With regard to the Zika virus, 2 years ago it was Chikagunya that was in the news, that died off after a while too and the UK holiday maker is a hardy soul. They don't give up their sunshine for much. The only big risk is Turkey. IMHO.
This dropped badly in the week on news of the plane bomb in Africa,could today`s be because of the hotel bomb in Dublin? As you well know by now.any negative news and this share takes a hit. I am sure also that a really good try by the brokers to take out the 100 stops, might have just failed,and a "bottom" has been reached. Hope I have not spoken to early.
TCG started to decline in the early 00s. They bought out a successful company that had been built up over decades.This company had many people who could turn a coin and knew how to make money. They also had a huge customer base who booked etc with a trusted individual who actually knew what they were doing as a travel agent. Alas, after a while these hardened travel agents did not meet the TCG bigger picture. TCG offered voluntary redundancy to everybody ( some said before its compulsory ), Shops were closed and knowledgeable people took the money. I walk by the once busy shops to find them closed or with no customers. Customers who booked with these hardened agents could not be bought with discounts and all the GLAMOUR that was in situ . They left in droves to other agencies and the net.
This will move one way or the other big time,but only when it suites somebody patiently waiting to strike.I don`t agree that the city has given up on this,its constant roller coaster moves is mostly private investors giving up,probably sick of the total silence from the company.Does it need a miracle to halt this slide? I would,under the present circumstances think a sideline in prayer mats,might be an additional earner for tcg in their shops.
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