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Fonter. Ditto. I got out at 40p but interested to the end.
Try yours
Problems trying to use a TCG credit card? Are you having a laugh?
To be held tomorrow morning
https://mobile.twitter.com/SkyNews/status/1175506885614678016
Not in here at all! I concluded back when it was 56p that there was no value here. I'm just interested in others thoughts on how swift the end will be. Thanks for the concern though!
Well company credit card does not work. Declined by issuer.
Friday is the last I am afraid my friend, another company run badly goes to the wayside, hopefully you weren't in to deep
RIP TCG
So, will this open on Monday, or was Friday the closing bell?
Anybody else having problems the TCG company credit card.
“I feel there will be a reprieve at the very last minute tho to save the company imo”.
I was hoping the same but apparently the £200m to save TCG v £600m to repatriate customers isn’t what it seems - the £600m includes the cost of reimbursing people who’ve paid for their holidays but not taken them yet which is covered by ATOL.
This article isn’t so optimistic that the government will step in with the £200m:
Why Thomas Cook might struggle to book a bailout https://www.bbc.co.uk/news/business-49781920
Saddo
I am no tamper or dreamer just looking at the logistics and the cost of the government taxpayers money to repatriate all UK holidaymakers
That will be the ones who only booked airline as package holidays are covered, I feel there will be a reprieve at the very last minute tho to save the company imo
Mail online saying holiday makers scrambling to get home.
Hope you guys shorted on friday as a safety measure
Looks like I will not have to buy my short - TCG going bust !
Glad you guys mentioned posting problem.
Dead and buried. RIP. Shame really nobody listened to me. I wonder how prolific class A drug use is amongst young professionals.
Yes and our money should not be used to bail out private companies
Well boris could just call RBS telling em to back down. We own RBS 63% still.
Even if the government are stupid enough to pour £200 million in to tcg, shareholders will still be diluted out of existence.
There is no good outcome for shareholders
It’s a dire situation, bail them only to burn more cash or let them fail and face a £600m bill, not to mention how many of the 9000 staff in the uk will be claiming benefits the following day it goes into admin
https://www.google.co.uk/amp/s/www.standard.co.uk/news/uk/thomas-cook-news-last-ditch-talks-as-government-urged-to-save-tour-operator-a4242991.html%3famp
The question is what happens next if they are rescued? Burn more cash?!?
There will be hotel and bed and breakfast owners in Devon and Cornwall who will rubbing their hands in glee (in private).
Cheap holidays in Europe are getting more expensive with the fall in the Pound and the likely need to buy medical insurance when travelling to Europe. Throw in a possible no-deal Brexit price shock and short term recession and it is easy to see the value in stay-cations.