Rather strange pair of reports today.He presents the negatives re TCG and yet concludes ''buy'' but on the same page in his assessment of Mitie he stresses the positives but concludes ''avoid''.In the past when this column has tipped TCG the share price has fallen-lets hope he has got it right with respect to TCG and wrong re Mitie.
THOMAS Cook’s [LON:TCG] shares have had a miserable 2014, falling by almost 30pc as holiday makers shun overseas destinations such as Egypt and investors exit growth shares as geopolitical risk rises.
Questor thinks the stock is now looking oversold, and is holding firm with the turnaround at the travel group.
The 173-year-old tour operator has been hit hard by unrest in Egypt, in particular. The company said at the end of July that disorder in the country reduced revenue in the three months ended June 30 by £54m, resulting in a £6m hit to profits.
Once again the "lift" is slowly vanishing,Puffy may be spot on here if the present trend of cashing in on any small rise continues.Investors "in" for a quick profit are killing it,I hope that being patient and topping up brings its rewards for those prepared to hold.
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