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Thanks Mike
Hi all,
Hope you're very well.
So a hugely interesting day today eh, with probably all of us thinking that our shares would slide etc etc and based on the Israel/Iran news. So all in all, a decent day and particularly that I thought there would be some significant selling towards the end of trade and ahead of the weekend - as this didn't materialise, you have to think that investors have got the message that that's it 'right now' from Israel and Iran and more normal trading can resume again into next week.
As such and because of the pressure put on our shares over the last 8 trading days, I'm hoping and expecting a good 'bounce' into next week - I would certainly expect us to quickly get back to at least £6.50 by the end of the week and hopefully beyond, with many sellers now 'washed out' of the stock.
Have a terrific weekend and GLA
Hi Trisor,
As I've suggested a few times to others too, please wait until Tui confirm all relevant next steps - as an investor, you will get full details like all of us 'direct from them'. Suggest this will come out with the Half Year results on the 15th May 2024, so please watch out then and hope this helps
Things might change when Israel and Russia start WWIII
Hi - does anyone know what will happen to our shares. Will they be transferred to the Frankfurt bourse. What happens if they are not?
If it is the case consumers are so confident then can you explain why UK retail sales are completely flat?: https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/march2024
Might be of interest to some on this chat:
https://www2.deloitte.com/uk/en/pages/press-releases/articles/consumer-confidence-reaches-new-two-year-high-amidst-improving-personal-finances.html
I didn't say I don't understand the Macro, those were not my words.
I said I don't understand the Gaza/Israel/Middle East situation... Yes, I see it that it has apparent fallout and is generating headlines with stocks seemingly responding i.e. I understand there seem to be outward knock on effects but... I do not understand Middle East politics i.e. the causes. Cause and Effect of course being very different things and it should be said that correlation does not always imply causation.
You said in your previous note to Mike you don't really understand the macro and then you say Nikkei down and FTSE futures down, is this helping you understand how a destabilised Middle East impacts the markets?
Any short term drop is welcome. We all know where TUI is going long term.
Strap in for some.turbulence... Nikkei & Asian markets significantly down and Ftse future indicating a fair drop on the open. GLA
Likewise thanks for responding and as for my switch from bearish to bullish and back again... I've been carefully examiningstatutory data releases and some key business results too and what I consistently find it they don't match up to press hype about 'UK economic strength'... fundamentally that's why I've believed UK is headed for troubled waters... because the data says that's where its heading (albeit with lag as releases by ONS etc are always for past months). On the Israel/Gaza/middle East... I don't comment on it because I literally have not a clue about the situation there and how it impacts travel industry. Obviously, like many others, I can see correlation between notable events and SP making moves rapidly afterwards but I just don't have any knowledge about it all apart from reading headlines. Whereas on the economic data releases I'm way more familiar interrogating the data being output.
Hi SK,
Many thanks for coming back and please rest assured, I certainly meant no disrespect whatsoever in challenging your thinking yesterday and in recent posts - I was genuinely interested in your motivation for posting.
Clearly like all posters and including myself, your views are very welcome, although what I was trying to share yesterday was the fact that within your posts from time to time, you seem to 'flip flop'. So take your response and posts yesterday - you clearly believe that the UK economy will tank and yet you still share that you may re-invest in Tui?
I do remember when you supported the guy who had been scammed and I'm sure that meant a lot accordingly.
I'm 'not' for closing down comments in any way - was simply trying to share that for me anyways, your posts in recent times seem to flip flop and I was trying to understand why
GLA
I see the UK and global economies more like a coiled spring just waiting to be released by the inevitable rate cuts.
Mike your memory seems to be failing you... as you know I previously accumulated a significant TUI holding, I purchased first trance post consolidation/pre-RI in Apr 2023, buying many other tranches throughout summer/autumn 2023. I sold the lot for about 10% profit on 2nd Jan 24... my posts are my opinions, of where I see Tui SP heading at the time I post, and consistently I observe your comments excessively ramping Tui stock. You have seen me make bullish comments on travel sector, and on TUI too but I feel I tend to do so with some realism in mind (factoring in increasingly terrible state of UK economy, from which TUI is not immune to negative fall out this causes).
Anyway, as I've said before this is a discussion board for opinions (apparently unless those opinions disagree with your view point?)
I continue to like Tui as a business, and perhaps I shall buy back in at some point. A point for clarity: I've always had respect for people who are invested in Tui... remember when a member on this forum mentioned a scammer had robbed them of near to 100k? I was v.quick to post, to wish them well with getting their money back. It's slanderous to accuse me of disrespectful posting here, just because my opinion differs at a point in time to yours. On too many occasions you've made underhand comments, capitalised to shout & belittle perhaps? Whilst I've not called it out previously, I'll say now that when you do so it undermines an opinion you convey within the same post (validated in evidence, or not).
Lovely +14% today with United, biggest intraday rise since 2020 apparently.
Timing seems great with EZJ tomorrow, as Mike alluded to below.
SK,
Can you please share what you're trying to achieve with your posts?
They're repetitive and frankly WAY off pitch - as an example - weren't you saying just a couple of months ago that we were sliding into deep recession when the BOE etc had already said that we'd come out of recession in January and indeed we have - see what I mean and that's just a small example?
So from your posts, I'm assuming you want our SP to tank; lots of posters here to lose loads of money and for you to get a gold star - is that it?
You should reflect on what you're saying; why and the timing - our SP right now is under pressure because of what's happening in the Middle East - THAT'S IT - as are all other travel stocks too - oh and interesting too that you went to ground when our SP went up to £6.82 last week and which was nearly over 60p what you sold out of, from memory?
Maybe just think a bit and have a bit of respect for those going through some difficult times with their investment in recent days
Tui will soon follow ezj and iag back up again. It just took the hit a bit later
"550p looks a mile away. Onwards." - really..... it looks about 10-12p away to me.
Hi all,
I know that some have posted about ourselves being somewhat of an 'outlier' with regards SP decline in recent days - did a quick look last night and the range of declines from the highs of early last week to end of play yesterday, range from -10% both IAG and EZJ; -11% Jet2 ; ourselves -15% and up to -17% for Wizz - so simply sharing as most probably expect, that broadly speaking, we're all in the same boat and hope it helps.
EZJ reporting Half Year results tomorrow and if we're lucky, Jet2 may issue a full year trading statement too - both of which should be positive and may well help lift the sector collectively
GLA
550p looks a mile away. Onwards.
Not really concerned with short term movements, but I think if the FTSE keeps pulling up as it does right now, it will pull TUI up with it. The FTSE might also falter again later if Isarel says anything.
It doesnt really matter as long term TUI is a sure fire winner in my opinion. It was going strong before the middle east thing came up, which doesnt really affect TUI's operations, apart from oil prices.
I think it'll drop more this afternoon as the makers take it down a little below 5.50p
Contemplating adding more here to make an opportunity of this artificial drop.
Package holidays will be more attractive to the masses going forward, compared to expensive bespoke holidays.