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.
You can't seriously think that the interest on debt follows the base rate?
There were couple of guys here who relied on broker forecast of 125p couple of weeks ago and they didn’t buy when so was 250-300 and I think they missed the rally. Hope they made money here or somewhere else.
These brokers don’t have any credibility. Berenberg’s previously (before covid I think) recommended hold at 900p. They kept their mouth shut when sp was crashing to 220p in March. Now sp has started recovering and now they are recommending sell!
I know debt is there, but most companies have got debt.
IMO, sp will do well as July approaches and restrictions start easing, countries open for tourism.
Agree those broker views aren’t worth paper they are written on. Just google TUI broker views, you will see so many different brokers all at different prices and the last 3 have gone from something like 110p to 250p to 350p. Didn’t see any that said 628p which I’m sure it hit albeit briefly. I’ll take that rise continuing for the next few weeks tho!
Germany can’t afford for tui to go down- At TUI, customers had paid hundreds of millions of euros in advance for travel. However, the group did not insure the full sum, but only 110 million euros. This is how German law provides. If the TUI goes bankrupt, it could happen that the federal government has to pay the money back to the customer - and that from tax money.
Same Brokers who called Tesla shares junk and Rolls R at 120-150 target? GS put out a negative rating on oil and then bought a 5% stake in an oil company when it tanked - agendas? I think so. For sure Covid has a massive impact on short term revenue. Long term, The German govt will not see this go to the wall, so pretty secure and the big boys will know this. Taking money off us PI's is like selling sweets to kids for them. AIMO and DYOR.
Tui, Britain's biggest tour operator, is cutting three nights all-inclusive at the TUI SUNEO Odessos in Bulgaria on July 10 from £543 per person to £296. And a seven-night trip to Gran Canaria on July 6 has been slashed from £606 to £394.
TUI downgraded to ‘sell’ by Berenberg over potentially unsustainable debt levels
https://www.ft.com/content/90d5bcae-1392-4be6-aebd-1ae256c8b0c4
They are generally not worth the paper they are written on. If tui can hold up for another couple of weeks share price wise, it will experience a sentiment boom.
Everywhere I read the doom and gloom merchants are out regarding the level of debt.
2 brokers have just updated their forecasts and both are well below £4
Why do you think below 4 tomorrow?
I can see this dropping below 4 tomorrow unfortunately. Where it goes from there who knows
I believe this will trend upwards to close and finish around 465 and hopefully above for further gains this week.
Looking like todays gains will be wiped out this afternoon
https://abtamag.com/2020/06/02/italy-opens-up-to-british-holidaymakers/
True and 465 or there about was resistance and support during this forming trend. The US opening is looking strong which could help carry us up to a new HH.
At least dips are bought back quickly and sp is recovering, so tide may be turning.
Also we had HH and HL since last 2 days which indicates further rises in coming days.
I am not liking it bouncing off the 465 low resistance for a move upwards. It’s fairly weak.
The government needs to confirm the air bridge details and give a date for anything meaningful at the moment I think.
Couple of hours of consolidation around 475-480p, I think, by US open hope it pushes to 500.
Lets hope so, my average is around 500, been sweating for a few days lol
We need a break past 480 it has given resistance both upwards and downwards recently.
Some turbulence but I think we all know the eventual destination we are heading to here $$$
It is forming nice hammer on hourly chart.
That would be nice and providing no unforeseen news onwards to test 600 plus again quite quickly.
It’s not going to be a smooth ride to your 525-530 if we do make it.
I will be happy with that.