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FROTH ?????
FAKE NEWS ???
Just who is the Author and what are his credentials ???
On this chat board - posters fly at each other for quotes / sources etc - but swallow this article verbatim.
Really
And the same fools also invest cash on the back of this - posted by who ??? and Joined when ???
AND then it's debated and repeatabled, posted and cut to pieces by the Muppets - lovely food for them.
What a Forum the Muppets have - please - attack all you wish - you are filtered out - I don't waste time on clowns and Muppets.
Sure you did lmao
Fascinating business this is... it seems Fosun are having second thoughts now. Is that based on the business case getting worse or a realisation that others are interested and they'll have to up the price and/or re-shape the deal or is it all of the above?
https://asia.nikkei.com/Business/Markets/Nikkei-Markets/Fosun-Tourism-sees-much-difficulty-in-Thomas-Cook-acquisition
Looks like Fankhauser's coat could be on a shaky nail (as they say in these parts) if things collapse with Fosun. This article suggests that Fankhauser has gone to Fosun with the initial proposal rather than Fosun approaching TCG. It's getting even murkier!!
Personally, I think that it's still all to play for. If Fosun aren't going to take part in the restructuring, are they simply going to write off their holding or are they looking to sell it?
Matlot,
thanks for the advice, however I am new to share trading but have done the trades below in TCG
Bought |£1400 at 4.7p = around 29000 shares
Sold £1400 at 9.4p = around 14500 shares
sold £1000 at 13.4p = around 7500 shares - leaving me with 7000 shares and £1k profit
bought £900 at 10.4p = around 8500 shares - leaving me with 16000 shares for no monetary outlay. The remaining money covered fees etc
Those 16000 shares at 8.5p as of today = around £1400 profit with no risk involved anymore.
I've now set myself a stop loss which would net me around £1k profit, although obviously i'd rather they went up and made me much more profit to invest in other shares. (but still not bad for a novice investor)
Therefore I held to 13.4p due to not having any risk involved and hoped they would continue to rise (when they started dropping is when I cut half my free investment) then bought back in at 10p as I believe TCG shares are worth much more than that.
Admittedly people have got a lot more on the line than me but that doesn't mean we should all sell because Illbetabuck and co have foreseen the end of TCG.
Some people will hold on them as they already have considered all their investment lost and are praying for a miracle (which I hope comes)
So in essence try reading the entire content of posts before ****ging the poster off.
dc dude
according to your 06 Aug 2019 16:01 post you bought back in at 10p and have 16000 shares?
also this baloney of being 200% up holding from 4.7p to 13.4p is at best a good imagination as most would not have held all the way up and taken profits if they made any much earlier
all it takes is one bit of bad news confirmed by rns here and all those tiny profits peeps made after dealing fees and selling on lower margins wiped out in an instant and even into loss - all that hard work u in a puff imo
still each to their own.....................
Thanks for your time and I'll pop you in the little filter with bet a buck and rosanna
Just ride the ups and down of the share ffs.make money be happy ,no need for all this baloney make up your own mind.i have 28000 shares i dumped the rest,i dont listen to others i observe and take the risk after all thats all it is isnt it?
ill dump the shares either when they go up loooooooooong term or if there worth nothing.
And the hits just keep on coming.
www.theguardian.com/business/2019/aug/19/uk-households-cut-big-ticket-spending-on-recession-brexit-fears
Also BA is slashing ticket prices....
The reality is the economy is gloomy, theres no point hiding from the truth, after all, the bod tried to and look where it has got us.
Dmc13.
If you can read, read it again and absorb what the article says, I copied exactly what was wrote in the note.
If you can't read, that explains your criticism.
Love seeing the green boxes buck...
“Yes, and if he loses his STAKE......
Life changing, he may have to cancel his AA membership.”
Come on buck play nice. At least he has a share. He is entitled to his opinion just like you are
@Souter
So the Author of this article that posted on a chat board - is it ?
This Author - exactly what are his credentials ??
He seems very good with his quotes - even quoting TCG BOD re NK - this without an RNS ?
Vry dubious in my view.
Sorry
an yes - I do my own research
Dmc13 , agree with that , and each to there own investing there’s a chance to make a few more quid here just have one hand on the catapult and other on the exit !
Can only presume that is illbetabuck commenting as he has been filtered since July.
If so please refrain from commenting on my posts as I have no interests in you and your cohorts continued dreaming.
According to Illbetabuck, TCG went under several times in his opinion but yet here they are at 8.5p per share, nearly twice what they were when I originally bought in.
He has also stated at 13.4p that not buying in at 4.7p was the right decision despite what would have been a 200% increase in value.
Draw your own conclusions from that.
I’m invested but on a free roll and appreciate that this share is a risk for people who have not recouped their original investment.
DYOR and ignore both the rampers and de-rampers who are currently running riot on here.
From the same article
“The last thing Thomas Cook needs is speculation that there may be an alternative to the Fosun takeover.”
Why not deny the story last week in the Turkish press then. Why not come out today and clearly state we are not in talks with anyone else, we have not been approached by anyone else ?
Soutar,
Sorry that should have read
Article states
Thomas Cook also restated that existing shareholders would see their stakes “significantly diluted” by the takeover.
You state
* existing shareholders stand to be ‘wiped out’.
Whilst it’s not great either way, get your facts right before posting obviously misleading posts
I think you are all dangerous given the cornucopia of Bovem de stercore bandied around incessantly, all with little consequence.
Soutar you are the dangerous one.
You state
But the article states
Thomas Cook also restated that existing shareholders would see their stakes “significantly diluted” by the takeover.
WOT NO RNS. WOT NO 19P
Amers, at the very very least I think you should desist from posting anymore. Don’t you?
and she will sink
Forget the rampers on this thread are they are highly dangerous, mostly to themselves.
* Thomas Cook confirmed this week it is in talks with bondholders to secure an additional £150 million in capital.
* This would take the value of the proposed rescue deal by Chinese group Fosun and Thomas Cook’s creditor banks and bondholders to £2.5 billion.
* existing shareholders stand to be ‘wiped out’.
* Thomas Cook’s executive officers have been trying to save the business throughout this year – with the size of the steps required continually escalating.
www.travelweekly.co.uk/articles/340504/comment-thomas-cook-forget-the-share-price-the-rescue-is-all
Behold of the TC rules,lol, this board is full of boomers
“Almost back at their 52 week low.
That doesn't suggest any white knight coming to rescue the company, or does it ?”
Depends how you look at it. I am a glass half full sort of person so it’s a lot better at the moment than when it was a 4.5p
Almost back at their 52 week low.
That doesn't suggest any white knight coming to rescue the company, or does it ?
Amers has broken LSE T&C's rule No, 5b and 5C nearly all weekend.
Good luck with that.