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Everyone knew this was happening ,you left it a bit late ,all I can say is if u r unsure of what u r doing ,do it early then u have more time to correct the situation , u will probably get the money in your account whatever price it closes at,should it be today or next week's price ,if anyone ballsed this up ,You would b better selling used cars, if these stocks rocket on Monday morning u have lost after hanging on all this time ,
Interactive investor give the option a couple of months ago to transfer to Germany at not cost ,I did it and have had a euro price in my portfolio since then ,here's hoping my 40k turns to 60k by next year
I am with trading 212 and my shares were not sold - they were simply moved to the XETRA Exchange at the price of 0 per share.
It doesn't show a profit or loss on my moved Tui shares as I received the shares again at the price of 0 after the delisting.
So in other words i now hold my number of shares in Tui on the XETRA exchange at whatever the share price is until i decide to buy more or sell them.
Was this similar to other people's experiences with other brokers?
Been a busy day got out of TUI at lunch time at 5.80 put my 50k into Carnival hoping for 5% next Tuesday fingers crossed.
I was told over phone, last day to sell was today, decided to sell as no option given to HSBC and it been too late to transfer, wdnt online yesterday was told I had to call HSBC, they advised shares are suspended I can't sell them now, I have raised a complaint.
I've sold the wife's holding and slung it into EZJ which I hold already and can see little justification for the current VERY low sp other than some mild headwinds from geopolitical conflict causing disruption. Not pleased at being backed into a corner by my broker after they failed to respond to my emails for weeks before then giving little to nothing in the way of options. Fully expect TUI to do well from here on in but won't be investing due to having to switch broker
Agreed. Bound to get shafted if you let the shares default and simply get sold on mass as part of the corporate action. That's said, what happens if it takes a day or three for TUI to conduct this sale??? Do they get the price on the day bearing in mind the level of the Frankfurt shares at that given time?? Anyone experienced anything like this before as Jarvis/XO has well and truly shafted me as I would clearly have sold weeks ago if I'd known the lack of any options before last week!!
I will be selling today at what I think is likely to be the best price that I can get.
So, is today the last day to sell any UK holdings ourselves? Would I be correct in thinking that anything remaining and unsold that is then sold automatically after today likely won't achieve a SP as high as the closing price today due to fees and other factors?
Planned to sell at 5.95 with 5% gain.
If I wanted to do a 50k trade with Halifax via Frankfurt it would now cost me £625 with their 1.25% currency exchange rate they use ( because they don't trade Tui via Lse now ). You've obviously traded via Lse but from Monday you won't be able to do that so keep that in mind when you sell. That's if you havnt already done so.
Not sure where they trade I just get charged £8 to trade buy or sell.
Hi Robert. Did you buy them via Lse or Frankfurt? Just curious as to trading costs if you bought them via Fankfurt as i am looking for a platform with lower trading costs than Halifax.
Saxo Banque.
Your platform is obviously still trading in the Lse. Who are you with Robert
GH, I think the chat for TUI will remain because other foreign stocks have chat sites here.
I assume once Tui swith over Tui will no longer feature on LSE chat?
Currently following for foc Tui live prices on investing.com any tips where can follow live on the deutsch market.
Vielen dank
That beer has been watered down for the kids. Just make sure you ask for the adult beer at the bar
Just got back in again with my 50K at 5.50.
A relative returned from a TUI blue holiday in Tenerife. He and his mates said the beer was different. Tasted like it was mixed with water!
I thought, really. Would TUi risk their brand just for a few pence.
Well here I am on holiday in Menorca in a TUI blue hotel which has an all inclusive option and guess what - beer, san Miguel tastes like it’s been tampered with!
Thankfully we are not all inclusive so just drink bottled beer. Such a shame as everything else is great. And to be fair people are drinking it albeit many say it isn’t right!
It could be one of those things that come back to bite you on the backside later and TUI think, who signed off that stupid idea!
Usual caveats
Trek
Wow, walking the Yorkshire Dales with the summer at last about to arrive - i am very envious.
Have a great trip Mike
Hi donalb,
Many thanks for the update - just for a little bit of clarity - delisting occurs this weekend and we will have fully delisted from the UK side as of 8am next Monday, 24th June and rather than the end of the month as quoted.
Totally agree with your comment ref UBS and even more strange as they seem to be continuing to build a stake in ourselves and so why they bother quoting £'s - who knows eh!!??
May still see some additional selling in the UK market Thursday and especially Friday of this week for those investors who have totally been let down by their brokers and who are being forced to sell - that said, have to think that the vast majority are now done and dusted.
So hoping that we get to around the 7.30 euro mark by end of Friday and simply to set us up strongly for go live date next Monday and when all of those tracker/etf funds will be lining up to buy us accordingly and also hoping that into the end of next week we're finally at TERP!
Have a few days in the Yorkshire Dales from tomorrow and back on Friday, so hoping to see decent stuff by then and GLA
I see 95.6% of todays TUI trades are in € in Frankfurt, for from the old 23%/77% shares listed. Steady wind down in London trading before the delisting/transfer to the Zetra Dax exchange at months end. Somewhat odd to see UBS raising the price target today to 700 p.
GLA, DONALB
So IG have completed moving our shares over to Germany
same number of shares just shown as euros and a price 6.77 per share.
There was no trading costs or currency conversion fees.
Hi all,
Another crazy rollercoaster of a day, albeit somewhat confused by the 'red day' across the board and with travel hit pretty hard and including ourselves of course.
I know others have commented before but all this week, the US market has started off weak and significantly impacted the European markets, whilst finishing pretty strongly - the next day though, we never seem to catch up etc.
So clearly ongoing manipulation occurring which I know we know.
I've certainly decided to simply track the German SP, as that's where we're ending up anyway and it's the one that makes the most sense to me right now - here in the UK during today, some of our spreads were 5 basis points, which I've never seen and is undoubtedly down to the significantly reduced liquidity here in the UK as more and more brokers freeze our shares here, which will be ongoing and will probably get even less towards the 21st June 2024.
Can't wait for the 24th!!
GLA