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Savage, it’s getting embarrassing now, you don’t answer any real questions and chirp when it drops.
EZJ now down -5% - apparently on back of Ryanair CEO Statement of softer Pricing for Summer Ticket Sales
EZJ just made a significant drop - any explanation? Knock on for Tui?
Thank you, I will ask them
Halifax are moving investors stock allocation to the Frankfurt exchange for them and then continuing to have them available via Halifax for trading (but using their exchange rate model). It is a seamless process so you should enquire with your broker if they are doing the same.
Hi, I hold my shares with TUI in a HSBC investment a/c, they have said they do not know what will happen on 24th June with my shares, anyone any ideas please as unsure what I will need to do, appreciate you cannog give advice, thank you
Never did any tours with TUI always found their prices were double what you could get locally.
Hi all,
Hope you're all very well and just sharing the link below in case you haven't seen it?
Clearly they're doing some good 'integration stuff' with what in reality are rivals - but hey, if we get in first and progress with other B2B partners, as we're already doing, then this could end up being a really profitable add on to our business - right now, it's small to say the least, but again, starting to build and many more like it - hope it helps and GLA
https://www.tuigroup.com/en-en/media/press-releases/2024/2024-04-18-tui-musement-powering-loveholidays-tours-and-activities-offering-as-ota-launches-thousands-of-experiences
Hi all,
Hope you're very well.
So for us, it's certainly been a bit of a bruising 3 weeks and since our recent high of £6.77 and I don't have any answers if I'm honest - maybe a big player has been offloading tranches, but we have certainly seen weakness and been on the back foot and as always, I compare ourself vs others in the market and the weakness vs them is true too.
I'm hoping that going into next week and then on our countdown to our Half Year results on the 15th, that it generates interest in our shares and SP.
I'm certainly hoping that the interest will quickly get us back above £6 into next week and then with a strong set of Half Year results, which I strongly believe will be the case and as posted previously, that we will get beyond the £6.77 accordingly and upwards.
I certainly understand the downward pressure, if some brokers are advising clients to sell before a specific date in mid-late May, but again, once that is done and dusted, there should be stability and movement forward accordingly.
Finally, please don't forget that come the 24th June 2024, we'll enter a brand new investor market by joining the MDAX and again this should be a great driver upwards.
So I'm hoping that after the recent bruising, that we get lots of green in the coming weeks and GLA
Hi GURAQTINVU,
Many thanks for coming back and just in case you've missed some of my previous posts - I strongly believe that Tui will give us investors and all brokers the relevant information on the full and final steps ref delisting at the Half Year results on the 15th My 2024 - if true, only 12 more days and 8 more trading days to wait and then hopefully any angst will be all over etc etc - Good Luck and hope it's sorted very quickly
Thanks MikeS02...
Just as you say, HMRC does permit an ISA to hold stocks in other currencies, but Barclays are very tight lipped and have outright denied being able to advise until they have more detail from elsewhere - TUI, I think. Their position is all very peculiar given that Barclays permit holdings in the DAX and MDAX currently - and in ISA's! ANyway, thanks for the advice and I'll be sure to search as suggested.
Thanks again :-)
Hi GURAQTINVU,
Hope you're very well and I can certainly help with your query, as indeed I had the same query myself for my ISA holding and from memory, I posted a link to HMRC accordingly and at the time.
For clarity, it's not down to your broker at all - if you simply put into your search - holding foreign stocks in my ISA and then look out for the link to HMRC, on that you will see that they list various countries around the world where you can hold foreign denominated shares in your ISA and the German market is fully covered, as indeed you'd expect - from memory, pretty much most of European markets are covered too.
So as I say, if HMRC validate the stock in your ISA, which they do, then it's nothing to do with your broker at all - if indeed Barclay's get 'funny' about it, which I don't believe they will, but if they do, then simply move your ISA to another broker etc and if you want to remain invested in Tui accordingly.
Hope this helps and good luck
I have spoken to TUI's shareholder's help line twice during the last month with the latest being a approximately week ago. I have been twice told that they are roughly on track to meet the previous guidance given, and with only modest affects from for instance the Middle East. Additionally, for those interested, I hold these shares in an ISA and Barclays still can't tell me whether they will permit these to be held in the ISA after the LSE move. TUI's offically broker unequivocally advises that it is Barclay's decision as to whether they allow this and so I am taking Barclay's to the Ombudsman with a claim for any loss that might occur as a result of dragging their heels.
What's your rationale for the drop Savage? Are you thinking US jobs/wage/unemployment data at 13:30 is gonna come in hot and smash the markets or specific TUI price action/technicals (seems to be pretty strong support @ 560)? Genuinely be good to hear your thoughts?
Looking as though we'll see more falls today and into next week imo.
Lol 😂
I topped up yesterday so have an average of £5.75. I think the half year interims will be positive and we’ll see £6.00 in the coming week or so.
I think you missed it, Strap. You have to move fast these days.
You should have jumped as soon as Robert Gleed gave us the warning about his plans.
But no worries. I think he is about to announce a deal of discount vouchers for Pizza Hut. Money saved is money earned. Stay strong.
Have i missed this 5-50.... I've been away.
Finally the media starts printing some articles which reveal the trouble with the UK housing market...everything published so far this year has ramped a rapidly falling market!
I think it has further to fall than 5.50p but yep, agree with your strategy.
That's my buy in price for a quick profit then out again.
I think we'll see 5.50p later today once USA markets open and the Fed holds them rates.
Totally agree with all that donalb says.
The 25% tax can be reduced to 15% as a result of double taxation relief. Ask your broker for relevant form, and the reduced amount is deducted as source.
Best to wait until everything has settled following the listing on Frankfurt.
Whilst writing, would like to thank MikeSO2, for all his relevant, well composed and accurate posts.
Beetroot, a few small points.
You must have a very expensive broker, if they are charging you 1.5% on currency conversions. Typically, I have paid 0.4 to 1.0 % for smallish sums over the years. Its also a much better idea to keep a € sub-account & probably a $ sub-account, if you trade often, if your broker allows that.
As for capital gains, that would only be a UK issue (if you are UK resident), however if we do have future dividends (chance would be a fine thing:-), our German cousins would take a 25% dividend withholding tax, that can be claimed back, but may not be worth the bother for most of us.
Hope that helps, GLA, DAB
We can still trade it after that date, just have to pay 1.5% exchange fee plus you're at the mercy of the exchange rate itself. Not sure on German capital gains ( chance would be a fine thing) tax.