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Started: donalb, 23 May 2024 14:13
Last post: Savage_KeyboardR, 23 May 2024 20:24
Donalb - I was not aware and thanks for explaining, much appreciated for adding that context.
SK, are you not aware that Wizz & TUI have greatly increased their partnerships recently ? Maybe its partly TUI's new lower cost flight "sub contractor" that is assisting Wizz's numbers, leaving TUI with the much higher margin hotel, cruise & tours.
Maybe Ryanair has been experiencing softer pricing if Wizz has been stealing their lunch?!... That 30% revenue increase is where I had expected Tui to have been (as inflation aids revenues too). EZJ also fell short on revenues + passengers vs my expectations. Wizz really has pulled off something special I want to know how they did it but... at guess I'd say they must have grown their proportion of market share here!
That means Wizz is by far the top performer... On The Beach did nowhere close to that. Whatever they've done there is working.
Revenue up 30% & passengers 21%, strong next 2 quarters !!!
I expect O'Leary was just rattling the competitions cages, as usual. GLA.
https://www.ii.co.uk/news/wizz-air-swings-to-annual-profit-as-revenue-and-passenger-numbers-rise-al1716455371866796200
Started: MikeS02, 23 May 2024 17:56
Last post: MikeS02, 23 May 2024 17:56
Always a good sign to see the CEO buying and as the notification came after the close, suggest it will likely help SP tomorrow - guess, let's see
Started: Savage_KeyboardR, 23 May 2024 16:15
Last post: donalb, 23 May 2024 17:50
That's at least Soc Gens 2nd 0 to 5 % & 5 to 0% recently, among others. They have a large trading desk, ala, Kerviel. At least my Soc Gen shares are doing much better and a 4% divi next week.
Glad they've dumped so quickly and hope the only way is up now! Clearly someone has bought their shares.
Wowsers... Sold their entire 5.12% stake! No wonder the SP tanked it recently.
Last post: TheGreyMonk, 22 May 2024 20:58
HSBC proving once again that they are pretty incompetent and not trying to help - the shares will automatically convert to the Euro denominated shares - I'd be pretty confident that even the incompetent will be able to do that for you but its pretty shambolic that they cant portray this to you now as to what will happen
Wowser Duka - HSBC have near on left you to sort it all out for yourself! Pretty poor of them to do that really.
Barclays are advising you can sell if you wish or hold and be transferred for you into frankfurt, afterwards trade as normal, just in euro's and with international fees. If the price gets any lower i'll be buying more for them to transfer.
I have finally received update from HSBC regarding de listing 2 option given, I can sell the shares, transfer to another broker or my own name,not sure what that means, itf I haven't done anything by 15/07 they advised they will do their best to re register them and send me a certificate in my own name, really not sure what to do, I have only ever had shares with HSBS invest direct
I am with Trading 212 and have been told that the delisting has not been initiated officially. Once there is any official information on the event, they will immediately let us know what will happen to our shares
Started: beatrootjuice, 21 May 2024 16:18
Last post: beatrootjuice, 21 May 2024 16:18
For giving me a date to consider getting rid of this share. Sold last week at a loss but no regrets so far. Sometimes just gotta suck up a loss and move on before you lose even more. Hope it all works out for the holders out there. Bit of doom and gloom over the travel industry at the moment.
Started: MikeS02, 18 May 2024 13:22
Last post: MikeS02, 21 May 2024 15:35
Hi mas,
Many thanks for coming back and don't get me wrong - I was also expecting a better SP - guess as investors who wouldn't. As I say though, this downward sentiment certainly needs to work its way through and is certainly impacting our whole market.
To give you and others some idea of how the sentiment has hit others even more so than ourselves in the last few days, I've been looking at 200 DMA's - I'm not techie at all, but I do know that breaking this line is pretty important etc.
So current SP vs 200 MDA's are:
Tui - current SP 5.43; 200 MDA 5.35
EZJ - current SP 4.61; 200 MDA 4.84
WIZZ - current SP 19.57; 200 MDA 20.38
For completeness, both IAG and Jet2 are also above their 200 MDA's
Ref key dates - guess one will be tomorrow and our inflation print - not sure if Europe does theirs too tomorrow. Secondly, the 5th June which will be the time that Frankfurt announces that we will be accepted within the MDAX come the 24th June 2024 - whilst we won't get any new investors until we join on the 24th; again sentiment might be boosted by its announcement
GLA
Hi Mike , dont get me wrong , i am hanging in there. I knew Tuis recovery was a long termer but I didn't think we would still be stuck on the starting line at this stage. Next date of note I suppose is delisting day and full entry into Frankfurt. Let's see!
Hi mas,
Hope you're well.
You're missing a major piece of the jigsaw ref our SP right now - it's called sentiment and it's been hit ever since O'Leary opened his big mouth a couple of weeks ago and again yesterday at their FY results.
He's basically saying that there could be a 'price war' this Summer as he's seeing a scenario for Ryanair whereby prices will be flat to just up for Summer - previously he was predicting prices increases of 10% yr on yr. But of course this is simply applicable to Ryanair - it doesn't have to be and in fact I don't believe it will be relevant to us - why - because package holidays offer up a much bigger element of moving margin and profit around, as clearly we're not just reliant on selling seats on a plane. Additionally of course we have a cruise line part to our business too, which is flying right now and will undoubtedly have a brilliant Summer and rest of 2024. But, the sentiment part needs to work its way through, which is what's occurring right now.
Simply look at all of the other travel/airline stocks and every single one of them is down and actually many more down than us over the last 7-10 days.
As I say, until we get beyond this sentiment issue, the SP will remain where it is - always unfortunate when sentiment changes just as you release good results, but afraid it is where it is.
GLA
Hi masaimara, I'm not surprised you expressing your astonishment of the backtracking in the SP. As you may know, I'm much less astonished. If fact I expressed the view we would see this fall to 550p and below. So... you asked "where is the uplift going to come from now?" - IMO the backtracking has not yet come to an end and I think we could see drops right down to 510-515p as a worst case. As soon as it reaches those levels I think there will be strong buying momentum to perhaps sharply pull the SP right back up towards £6.80p.
I am astonished by the backtracking of the sp over the last couple of weeks. The half year results are in and are not bad but the sp declines. Where is the uplift of the sp going to come from now? Prior to the hyr I was quite optimistic that the sp would consistently grow after the results were announced. I was obviously wrong. Oil price is stable , Israel and Iran have shown they are prepared to attack each other which has brought a sort of stability in the area , Russia is achieving and sustaining their aims which is going to result in a diplomatic resolution so these 3 potential negatives i dont think are really affecting the sp badly. Holiday demand is stabilising and their are signs of price wars. The move solely to Frankfurt will not in my opinion bring any substantial sp increase and we still have the debt to deal with and of course there is no dividend. Sorry to sound negative but what should drive the sp , just isnt anymore. So i will repeat my question to this board. Just what is going to drive the sp up?
Started: MikeS02, 16 May 2024 12:34
Last post: JEB21, 21 May 2024 12:55
Response I received from HL when asked the Q if I could continue to trade TUI shares within my HL ISA and SIPP on the Frankfurt stock exchange, post LSE delisting.
Firstly, we sincerely apologise for the delay in sending out the TUI delisting communications. We are still unable to confirm the trading status of your TUI shares following the delisting, but we are currently working with a third party to investigate the options available for shareholders. Our priority is to explore every possible avenue to ensure that our clients receive the best possible outcome. We are currently finalising communications which will be sent out to clients well before the delisting date so you can make an informed decision regarding your TUI shares.
We appreciate your patience in this matter. Should you have any further queries, please do not hesitate to get back in touch.
Hi all,
So following various concerned messages recently about the delisting, I also messaged HL last evening about the delisting and asking a few Q's.
So they say that corporate will be issuing full details about the delisting to all HL users very shortly, so please watch out for that - probably just finalising off costs etc with Tui - let's be honest, probably their number one priority eh!
Secondly though, they have confirmed back to me that Tui stock held in ISA's will absolutely be able to continue in ISA's following the move to Frankfurt - clearly we knew this, but wanted it confirmed back from HL directly too.
Hope this helps and GLA
Started: Savage_KeyboardR, 17 May 2024 09:47
Last post: Savage_KeyboardR, 17 May 2024 15:27
I did think TUI had less presence at Heathrow - cheers for clearing that up and yep, two weeks is plenty of time for negotiations to be had and agreement to be reached, I genuinely think a deal will be done here as both parties have learned via some of the bitter disputes of recent times.
Hi SK and all,
Sorry, should have been a bit clearer - Gatwick is indeed our main hub for London, but we do enable holidays from Heathrow via flight 'partners' and with BA being one of them, then yes, can expect possible kick back - let's hope it's simply a negotiation tactic and it's sorted to help everyone have a brilliant hols
Hi SK,
Many thanks for sharing - and Yes, guess any news that's negative to flying may well hit SP's. The great news of course is that Tui don't fly from Heathrow - their main hub for London is Gatwick
Hi SK,
Many thanks for sharing - and Yes, guess any news that's negative to flying may well hit SP's. The great news of course is that Tui don't fly from Heathrow - their main hub for London is Gatwick
@Mike
💕
Started: Savage_KeyboardR, 17 May 2024 14:20
Last post: Savage_KeyboardR, 17 May 2024 14:20
Something to be aware of just hitting the wire: PCS union has said more than 500 of its members will walk out on strike from their Border Force officer posts at Heathrow airport on 31 May-2 June.
Source: https://www.theguardian.com/politics/live/2024/may/17/keir-starmer-jeremy-hunt-rishi-sunak-conservatives-labour-uk-politics-live
Started: WackWack, 17 May 2024 07:45
Last post: WackWack, 17 May 2024 07:45
Goodness M & M, those sweet forecasts have turned a little bitter. Now here we are back where we started a week ago, as if the results had never come out. Some good analysis of why we are there, including your latest Mike. All makes sense. Still still hard to accept that we have been at £6.25 plus on no news, yet get mired at £5.75 when things are buoyant. But the markets are the markets. Logic doesn't have much to do with it. Like EZJ - or RR not long ago - one CEO steps down and markets assume the business will crash, even though many a time a new CEO brings boom times. Whatever, for now we are stuck. As you have said Mike, the institutions have not jumped ship so there should be some clear sailing ahead, but not for at least another month. Time to buckle up for turbulence until then maybe.
Hi Marcinkus and all,
Yes, I'm also a little confused - or maybe not so! As we all know from the kind posters on here who gave us some visibility on their brokers ref the delisting and timelines etc. So we know that at least 2 brokers, Halifax and ii enabled selling to the end of yesterday and then have in effect 'frozen' shares for those transferring to Frankfurt - what we don't know today, is whether there were any carry over sales instructions for both brokers etc and if so, then maybe quite a few sell orders came through as both brokers worked their way through clients instructions. As a few have shared and I totally agree, I think that between now and the 24th June, we simply;y have to accept some rough waters on certain days and especially around brokers instructions to make serious decisions about selling - so next one to watch out for is a week tomorrow and the 24th May, when it's A J Bell's turn.
Additionally, here in the UK, sentiment was clearly damaged by Easyjet - and it looks like analysts weren't too excited by the HY results - indeed and sorry for any EZJ investors on this site too, but for the first time since the pandemic, Tui have outperformed EZJ on both EBITDAR and EBIT for the HY and by some margin, so for me certainly and looking and comparing both HY results, it gave me additional confidence that at least we're heading in the right direction and as such, the SP will clearly follow at some stage.
As always, tomorrow is another day and GLA
For TUI in particular, I think the SP suffered from a sell off of people or investors that do not want to trade in €. There will be more pressure on the SP in the coming weeks with more brokers sorting out their paperwork and effectively pushing investors to decide whether to trade in € or sell.
OR maybe it happened because of overtourism protests in the Canary Islands? (unlikely imho)
https://www.independent.co.uk/travel/news-and-advice/spain-tourism-protests-tui-tenerife-b2545455.html
Same for IAG, right after positive results and positive Moody's re-rating.. total nonsense.
Put together some news maybe had cross knock-down effects and might explain a bit but not sure if it's enough to make most airlines lose more than 6% in just two days:
https://www.dailymail.co.uk/news/article-13423579/Brits-severe-summer-holiday-disruption-Boeing-safety-crisis.html
https://www.independent.co.uk/travel/news-and-advice/easyjet-ceo-johan-lundgren-step-down-b2545997.html
https://www.independent.co.uk/travel/news-and-advice/easyjet-ceo-johan-lundgren-step-down-b2545997.html
Not sure what to think of the drop since Tuis announcement yesterday. I always think the way that Tui put over their reports is always underwhelming and not dynamic enough! Easyjet also a big drop today! Well that's us on Halifax on our way to Frankfurt. My luck that the sp will double tommorrow when i cant trade --- lol
Started: WackWack, 14 May 2024 13:55
Last post: avocet123, 16 May 2024 16:59
SK has been filtered by many. He reminds me of driftking and Porsche1942. Same sort of BS.
He is still a bit green behind the ears. He's only just got on the housing ladder.
To sum up who I am behind the screen: I've been trading since Dec 2022. Prior to commencing trading I've studied data, markets, economics and stocks a great deal. I currently own stocks and better still I've made some fabulously great calls since I began trading with Currys/TUI/BT/JD Wetherspoons delivering some of my best profits but... they're not my only successes so far - This said, I remain grounded and I am acutely aware it's only a matter of time before I book a loss.
Now you may mock and bleat on about your conspiracy theories but... I've been crystal clear with my opinions, sharing my evidence and I've shared when I've had holdings too.
To sum up who you are behind the screen: 'A Bully'
To sum up who you are behind the screen. You have been trading for only 2 years in your lifetime. You don’t trade enough to pay off your mortgage. You don’t seem to have any education in economics. You don’t work at an actual firm. But still you are here on a forum where you don’t own any stocks, stating a lot of advice/opinions where you even predict down to specific numbers where the stock will fall to?
Again why are you doing this? Why do you feel like you have the credibility to do so? People who don’t know may think you have done this for 40years. If I go to forums of what ever subject lets say how to lose weight and talk like you do. They may think Im a specialist on the subject and trust me and that wouldn’t be honest nor right thing to do even if I can do it.
My point was precisely what I posted at the beginning of this thread - I've been entirely transparent with my opinion and explaining my actions:
"I took my money out of TUI back on Jan 2nd and yep, I posted on here to convey my opinion the delisting was causing unnecessary turbulence to TUI SP and the issue that revenues came up a little short (although better now with latest set of results this week)... Today the SP is still below the price point I sold out for on 2nd Jan (about 625p)... whereas I gradually moved money into BT stock, I saw better potential over there (8p divi announced today). I still think TUI is overpriced and will par back towards 550p, perhaps lower than that. I like TUI as a business but... just didn't see short term investment value and I think the current SP has validated my opinion."
Your point however seems to be centred around my opinion differing to yours and because it does then it cannot possibly be valid. To reinforce your opinion you reach for the conspiracy theory lever, with some huffing and puffing... It's quite strange.
Started: WackWack, 16 May 2024 15:58
Last post: WackWack, 16 May 2024 15:58
Peeps, please ignore or just filter Savage. These back and forth are wasting too much space. Ignore him and he will go away. He has enough other boards to mess with.
Started: Whatismoney1, 15 May 2024 09:38
Last post: ninettecrumles, 16 May 2024 15:17
Cvajt2, Any chance you might share the Interactive Investor de-listing options that you mentioned on here? It may be informative to a few folk - including me :) Still trading of TUI shares on ii today.
Ah, I'd not considered the ISA complications, since I only have HL Fund & Share Account. I don't much like idea of paying extra ISA charges + fees to HL so I don't use ISA's, fees can accumulate considerably over many years! Whereas for Fund & Share account they just charge per trade.
Hiya,
By the way, I didn't apply the ***** - this forum did and just for clarity!
hi *****galore & whatismoney1,
many thanks for sharing, although i think hl may be confused by the q you sent them, or indeed they haven't fully understood.
so reading the response, hl is simply talking about a share being delisted 'full stop' from an exchange - what it doesn't cover is the fact that the shares will be transferred to the frankfurt stock exchange and xetra.
for clarity, frankfurt and xetra and both fully recognised by hmrc and as such, you definitely can keep your tui shares trading in frankfurt in your isa, as indeed i will be doing.
hope this helps and best regards
@whatismoney1 this is the info I received today from HL regarding delisted shares
If shares are delisted from the market you're able to retain the shares in your HL Fund & Share Account or HL SIPP with no penalties or charges.
However, delisted stock can't be held in an ISA because HMRC regulation states that for a stock to be eligible to be held within an ISA, it must be listed on a recognised exchange.
You're able to instruct for the delisted stock to be transferred from your Stocks & Shares ISA to a Fund & Share Account if you wish and can do so by sending us a secure message.
When a stock is de-listed and subsequently removed from your Stocks & Shares ISA you will lose this portion of your ISA allowance, regardless of when the contribution was made. You won't be able to subscribe cash in lieu of the shares.
If you'd like the shares removed from your account, you can gift the shares to charity via the HL Foundation.
Should you wish to do this, you can do so by sending a secure message with your instruction.
This message must include a gifting instruction as well as the full title of the shares, number of shares you seek to gift, and which account the shares are held within. Should this be stock held in your HL Stocks & Shares ISA, you'll also need to confirm you will lose ISA status on the value of the stock you wish to gift.
It's not possible to donate stock from either an HL SIPP or an HL SIPP Drawdown account to charity.
There's no charge for gifting shares or money to the HL Foundation, and if a withdrawal or charity donation would leave less than £50 in an account, automatic account closure will be triggered.
Last post: Cranwell1, 15 May 2024 21:32
That should read trade plan
Many thanks Mike, thats great to hear. I had a tradep lan also set up to purchase but now note its been deleted today on iweb as this was their last day of dealing the stock prior to delisting..
Hi Cranwell1,
Please rest assured and as per my earlier postings on a different link and PG's above yours, that you will CERTAINLY be able to keep your shares in Frankfurt in your ISA - certain brokers don't seem to be doing themselves any favours with this one, but as I hold mine and my wife's in ISA's, I've done lots of checks including on the relevant HMRC site too and all's good - hope this helps
Hi PG,
Many thanks for the clarity and Yes, using PG I won't get the first part of your name ***** by the Forum 'bot'!
Hi yes I’m presuming that as the Frankfurt exchange is a recognised exchange the shares will remain in my ISA. I think it was a generic response re the delisting of a company however I did head the msg Re: Tui Delisting. I spoke to them on the phone yesterday and they said they were still waiting to hear from Tui and that as soon as they had any info they would be in contact. He seemed pretty confident it would be pretty straightforward and did confirm they trade on the German exchange. Hope that helps
PG
Started: MikeS02, 15 May 2024 12:39
Last post: MikeS02, 15 May 2024 15:39
hi baxxy,
many thanks for sharing - if you wouldn't mind, please read my previous post back to *****galore ref the isa, although the ai 'bot' will undoubtedly put in ***** to the first part - don't you love em!!
for ref, it's not contrary to hl, it's simply that i believe *****galore has simply asked one q about delisting in totality and rather than quoting that the shares will be moving to frankfurt - hope that helps
AJ Bell is the 24th May. Plus they say we can keep in ISA which is contrary to HL. Which one is true?
The delisting from the London Stock Exchange (LSE) was approved at the meeting held on 13 February 2024, and is expected to become effective on 24 June 2024.
Your shares are currently held as Depositary Interests (DIs) in the UK Settlement System, CREST. The company has announced that following the delisting, there will not be a facility in place for the Depositary Interest holders to continue to hold their shares within the CREST system and trade on the Frankfurt Stock Exchange.
As a result, if you continue to hold your shares as of market close on 24 May 2024, your holding will be automatically converted into ordinary shares to be held with our International Custodian, Clearstream. These shares will be traded on the MDAX segment of the Frankfurt Stock Exchange. Please note, the process of trading shares held in Clearstream is via Telephone dealing and will incur a GBP25.00 dealing charge per trade.
If you wish to sell your shares in the market instead, you may do so until market close on 24 May 2024. If you choose to retain your DIs and have not sold them by 24 May 2024, we will automatically convert them into the ordinary shares to be held with our International Custodian, Clearstream. You will not incur any charge for the conversion of the DIs into the ordinary shares.
Please note, AJ Bell will place a block on trading of TUI AG shares on the London Stock Exchange with effect from market close 24 May 2024.
From 28 May 2024, we will initiate the process of withdrawing your TUI AG Depositary Interests out of CREST and converting them into TUI AG ordinary shares to be deposited with our International Custodian, Clearstream. This will allow you to continue trading in your TUI shares on the Frankfurt Stock Exchange.
Therefore, you will not be able to trade your shares in TUI AG from 24 May 2024.
Please note, this is a lengthy process and the registrar, Link Group, has advised that this could take up to 2 weeks to complete. Therefore, by commencing the conversion process on 28 May 2024, it allows sufficient time for us to process the transfer of any remaining shares to Clearstream before the delisting becomes effective.
Trading in the ordinary shares will commence once we have received confirmation that the shares have settled within the Clearstream system. Further updates will be released once this has been completed. The Tui shares will continue to be eligible to be held in an ISA or SIPP following the transfer to the Frankfurt Stock Exchange.
Therefore, prior to the LSE delisting taking effect, you have the following options:
- You may sell your shares prior to market close 24 May 2024.
- You may retain your shares in your account and have them automatically converted into ordinary shares held in Clearstream and traded on the Frankfurt Stock Exchange.
Hi all,
Hope you're very well.
So a decent set of numbers today and just wanted to share some bits in case you're unaware:
1. So watch out on the 5th June for a comms stating that Tui will be admitted to the MDAX - clearly important for us, as the MDAX represents a new set of investors, eg trackers; ii's who invest in the MDAX etc etc and as a new market, will undoubtedly be good for our SP
2. As some others have commented this morning, I was little surprised at Tui simply re-stating their delisting date and nothing else really - was expecting more detail for brokers to be honest, but looks like they have been liaising with the brokers 'behind the scenes' and as such, believe that relevant comms will come our way in the coming days - I'm also with HL, so expecting comms accordingly - that said, I do know that they trade all over the world and pretty much through their own platform and as such, think that HL will be likely to be one of the few possibly trading our shares in the UK right up to termination date on the 21st June 2024 - guess we'll see eh
3. The final thing for me today, is that for the 3rd set of results on the 'bounce', we've exceeded consensus forecasts - whilst I've only been an investor since last April 2023, looking back on their record vs forecasts, they've had a pretty dismal record and it looks like the BOD have learned their lesson and 'exceeding' at each results presentation, which of course has the benefit of getting a positive reputation with ii's; mm's and us mortals for delivering accordingly. It's undoubtedly why they didn't increase their end of year outlook and yet looking at the results to date, they are clearly ahead of where they need to be to deliver these - will be interesting to see any upgrades in outlook at Q3 results in August.
So all in all a positive day and hoping to see some positive analyst commentary accordingly
Finally and if posters don't mind - several posters have been very kind in publishing their brokers details ref the delisting etc and I'm especially interested in key dates for selling if aplicable - so many thanks to Halifax investors for sharing that they have until end of today to sell if they'd like or their shares will be 'locked' until transfer to Frankfurt occurs - I seem to remember a poster stating the 26th May for their broker to sell? Would you mind sharing if you have details and especially any selling dates - simply interested to know, as I'm sure others would be too and many thanks
GLA
Started: Dathrilla, 15 May 2024 07:26
Last post: onsolidground, 15 May 2024 09:47
Well I hope everyone took advantage of the dip.
Hi Trisor I’m with Barclays also will that mean it is done over the phone once it’s trading in euros ? Trying to get information from Barclays is like pulling teeth.
Thank you
Does this mean German tracker funds need to buy and UK needs to sell?
Because, that should mean net buying. Depending on weighting!!!
All about the still huge debts, same goes with IAG, Carnival etc - another 5 years to offload those debts
I’m on Barclays smartinvestor . Will we be able to trade these share in euros
Started: beatrootjuice, 15 May 2024 08:03
Last post: beatrootjuice, 15 May 2024 08:03
At open. Typical.
Started: Stiperstones, 15 May 2024 07:05
Last post: Stiperstones, 15 May 2024 07:05
Started: Welsh197478, 14 May 2024 17:05
Last post: MaryBr190, 14 May 2024 20:47
Depends on results will know better at 6 in Germany or 7 uk.
Dow finished positive so wait for overnights for direction.
All in all good results up 10%, bad down 10%, will contra trade.
What we think about tomorrow's opening
Started: Savage_KeyboardR, 14 May 2024 10:44
Last post: Troajan, 14 May 2024 19:51
Savage... so we're now on service inflation...... I thought you were on headline?
OTCDS2023 - BoE were clear in their 'Key judgement 3' within the latest MPC report... BoE said Services CPI inflation fell to 6.0% in March and OTB is a services based business. So lets await the myriad of proper published figs (as most currently available out there from the various sources including ONS are just estimated figures) which will land and get further refined in due course but what is clear to me is the revenues banked into the coffers of OTB over the reported period has a lot of help from inflation and that's somewhere in the approx. range of 3.8-6.3% depending exactly what's being measured and how... I still stand by my general point which is ~11% was below expectations and may help explain why OTB has not faired so well today. Now I don't know if that extends to TUI or not... I guess we won't have long to find out.
The 4% inflation rate is for H2 '24 over the revenue period - (Oct-23-Mar 24) - I give up with you as you don't know what you're talking about (as with most of the time)
Incorrect OTC - That's because the 3.9% inflation rate by ONS is just for one quarter i.e. 3 months including End Jan24, End Feb24 and End Mar 24. You need to use the YoY inflation rate which ONS will eventually publish (as only their estimate of 6.8% is available right now) from End Mar 23 to End Mar 24 in order to directly compare the revenue to the inflation over the same time period. You can't just pluck out the most recent and lowest of the inflation figures to suit your narrative. You have to use the inflation rate which aligns with the OTB reporting points in time which this morning were END Mar 2023 to END Mar 2024.
Started: Forest34, 14 May 2024 14:05
Last post: MaryBr190, 14 May 2024 16:34
Buy the dips and sell the spikes seems to be the way to go with these companies.
FWIW - Corp Actions at HL STILL have no idea what is happening with TUI !!!! so do not want to give out incorrect information, When I quoted the Halifax statement dates etc (btw ty for posting) again it was news to them.
TBH I expected better from HL.
Mx
Easyjet's numbers up Thursday as well.
TUI's turn tomorrow.
Lets see if we continue in the same vein of all the other airlines, cruise operators and holiday companies.
Everybody needs a holiday to look forward to.
In fact its virtually a habit.
~550-570p imo
Hi all
Have a decent holding here
Any thoughts if we could see jump tomorrow with results
I’m thinking we could see good increase tomorrow
Thought s welcome
Started: OTCDS2023, 14 May 2024 15:27
Last post: OTCDS2023, 14 May 2024 15:27
Sorry to the group with all the messages on OTB....
Started: swazers, 7 Mar 2024 09:20
Last post: GURAQTINVU, 14 May 2024 12:09
Scmdcyp, I have through the mill with Barclays and am taking them to the Ombudsman for providing no insight whatsoever regarding whether they will allow me to continue to hold these in my ISA. They already allow trading on the DAX and MDAX, but despite this they hide behind the fact that they are execution-only brokers. I don't think that their behaviour lies within the definition of execution-only. I am told by TUI's own broker that it is Barclay's decision alone whether they will allow continuity for my holding. The result so far is that I turned down selling at 680p or so, having been hamstrung where it comes to making a decision over whether to sell.
What my A.I. thinks about #TUI https://x.com/SwazersC/status/1790337529301897466
Nice to see my #TUI prediction moving in the right direction https://www.tradingview.com/x/O4sJnNOt/ https://x.com/SwazersC/status/1790335999429468552
@scm
Best to contact Barclays direct - their Smart Investor team / Corporate actions?
Morning MaryBr190
I have my shares with Barclays Stockbrokers do you have any idea when they will stop trading these on there platform I’m reading so many different dates.
Any idea
Started: masaimara, 14 May 2024 09:43
Last post: MikeS02, 14 May 2024 10:14
Hi Moochee,
Many thanks for sharing and totally understandable - GLA
Probably losing about 1.5% on the FX rate to trade, if it goes up another 10% after results its a winner. If not best to sell.
Following completion of the move to Frankfurt, you will be subject to our [Halifax's] International Trading Model. All details, including Dealing Charges, FX Charges and TradePlans Policy, can be found on our [Halifax's] website.
I am leaving mine as-is, I also trade some US stocks which are subject to the same dealing charges, but it is great that Halifax will be taking care of a seamless transfer for many who hold their shares with them and they will continue to be accessible via Halifax after the move from LSE to Frankfurt.
Transfer to the Frankfurt Stock Exchange (Frankfurt) and Cancellation of Listing on the London Stock Exchange (LSE).
The Termination of the TUI AG DI Ordinary shares (TUI) Depository Interest facility will take place on 21st June 2024, the delisting of TUI shares on the LSE will take place on 24th June 2024.
We will stop trading in TUI shares on the LSE at 4.30pm (close of market) on 15th May 2024 to enable us to transfer your holding from the UK settlement system to our International Custodian.
If you DO NOT wish your TUI shares to be transferred, you must sell by 4.30pm 15th May 2024.
On 4th January 2024, TUI announced a proposal to remove its dual listing by cancelling on the London Stock Exchange (LSE) and moving all trading to Frankfurt.
The Admission to the Frankfurt Exchange became effective on 8th April 2024. We will start trading in TUI shares on the Frankfurt Exchange on 16th May 2024. You will not be able to sell your existing TUI shares on Frankfurt until our transfer process has completed. We are transferring your shares to Frankfurt as any TUI shares not transferred before the termination date will be sold by Link Registrars.
Before the Cancellation on the LSE, we will convert your TUI Depositary Interests to the underlying Ordinary Shares and transfer them to our International Custodian. This will allow you to continue trading in your TUI shares on the Frankfurt Exchange. Due to the international transfer process, we are not accepting any broker requests to transfer out TUI shares until the movement to our International Custodian has been completed.
We expect the transfer process to take several days. During which time you will not be able to sell your existing TUI shares. We will write to you again when the transfer has been completed and your account has been updated. You will then be able to make transfers and sell your shares.
The TUI shares will continue to be eligible to be held within an ISA or SIPP following the transfer to Frankfurt.
International shares are not eligible for Regular Investments or Dividend Reinvestment. If you have a Regular Investment on TUI shares this will be cancelled before completion of the transfer. Any current TradePlans will also be cancelled, and charges refunded. The only TradePlan eligible for international shares is a 1-day limit order.
As the TUI shares will be transferred to Frankfurt, they are no longer eligible to be held within a ShareBuilder account. If you hold TUI shares in a ShareBuilder, we will transfer the shares to your ShareDealing Account. If you do not have a share Dealing account, we will open one for you. No fractions of shares will be transferred. Fractional shares will be sold, and a fractional payment made.
Following completion of the move to Frankfurt, you will be subject to our International Trading Model. All details, including Dealing Charges, FX Charges and TradePlans Policy, can be found on our website.
For more information about
Just a reminder for anyone on the Halifax platform that you must sell your shares by end of trading tomorrow if you DONT want them transferring to frankfurt