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I am in at 5.26 with 5000 if I see 5% gain say 5.52 I will be out with £1300 gain and be happy.
So what am I missing.
20bn turnover
1 bn profit
3 bn debt
2.65bn market cap
(Some of the figures might be mixed between euros and pounds)
I know it’s going to be delisted and moved solely to Germany.
That’s the reason the valuation is so low?
Then surely it’s a no brainier to buy at this price and sit tight till the summer?
Rates are coming down, people’s appetite for travel has returned.
I can see easily 40% upside from here.
Best of luck Robert. However, it's possible/likely we'll see further drops yet before a mid-term tangible recovery for the sp. Back below 500p for a bit I reckon.
As stated earlier I am now a shareholder again back in at 5.26 fingers crossed.
Hi Robert,
By the way, think all of your lost monies are now sorted, which is great and good luck in your future investments!
Speculation; speculation - what you say may well be true, BUT do you really believe this would stop anyone seeking a decent holiday this year - I really don't think it will.
Also with our huge array of holidays and pricing power being the biggest Travel Operator in the World - don't believe again that any increases would dent us one iota.
If anyone suffers, it would be the low cost flight providers IMO
Hi balmus,
Many thanks for sharing, although your title is a bit misleading stating 2019 and whilst the article is stating record travel in 2024 and above the record set in 2019.
All good of course and interestingly, read in the Times over the weekend, that if you take one hotspot, ie Turkey - because of the huge devaluation in the Turkish Lire and the improving valuation of the pound across many currencies in the world; Brits will be 80% BETTER OFF than last year on their Turkish holidays 2024.
We simply need to see it flow into Tui's coffers, which I'm very confident it will
'Hunger for travel stronger than ever' - bookings for record summer 2019----https://www.marketscreener.com/quote/stock/TUI-AG-470539/news/Hunger-for-travel-stronger-than-ever-bookings-for-record-summer-2019-46086590/#AL
There is a lot of speculation on the news channels that the chancellor will increase the fuel surcharge on flights in the budget to keep people at home to stimulate the economy.
Email and all,
Rest assured that the 'big boys and girls' will have already cashed out if that's their intent.
That said ALL rm's and ii's trade across the world so as some say below, to them this is simply a non event!
Don't doubt there may well be some further turbulence, but if I'm honest, I think it's the 'big stuff' that really matters - eg War between Israel/Hamas; Budget on Wednesday (lesser extent); GE; US GE; What's happening with rates; Inflation etc etc.
What I am looking forward to though is:
1. Tui updating the market ref Easter bookings and this should happen the final week of this month - when they announced last year, our SP went up in a day by 12% - let's hope it's even bigger this time around
2. In April, Tui will get it's Premier Listing in Germany and which will then be a precursor to joining the MDAX in June - both of these offer new opportunities for investment in our shares
3. Ending of the Israel/Hamas war - of course mostly for the suffering to stop; but we got hammered when the war started and so once it's stopped and hopefully in the next 2-3 months it will have finished, then looking forward to a nice bounce too
GLA
Oh finally and as I've shared a number of times - PLEASE wait until Tui formally announce next steps when it comes to the delisting - only THEY know all the relevant next steps. Brokers, just like us, need to be patient and wait for the full details
While technically is a simple switch, like everything else in the market, is not as simple as this regarding its effects on the sp. And it's not just because of the created uncertainty amongst private investors like us. Tui is one of the most popular shares. UK Trust, Funds, institutions, Charities, etc. holding it might need to re-jig their acts - some might even not be allowed to have holdings in Euros - we just don't know how many and how much they might be forced to sell - It's not just a psychological - it demands actual adjustments
In reality it is only a switch from a dual list.
Grey Monk sets it out well.
It is obvious the uncertainty on the board is causing convern but in reality is a switch to the dual listing. I decided to speak my HL Corporate Actions contact about it and have no concerns about the delisting..
HL cannot be clear as until TUI AG have determined the listing in Germany, HL cannot inform with certainty until TUI AG advise and HL CropActions team are in regular contact for details. Frustrating for some, but in reality a non event.
In the event,(0.00000000001% chance), of HL not being able to trade the share in Germany simply the holding will be transferred to their 3rd party HSBC and will be tradable although diffenent commissions will apply.
IMO this is not a cliff face that TUI investors face, just a bit of administative disruption. The risks and rewards of being a shareholder will be no different.
I fully expect HL and other reputable platforms to trade TUI the Germany listed stock.
HTH
Mx
Tui have a dual listing which basically means the shares can be traded in London and in Germany - each share has the same value - The London listed trade at approx. 540p and the German at approx 6.30 euros - the exchange rate is approx 1.1677 . After the London delisting you will own 1 shares at whatever price in euros it is in exchange for 1 share in £ - each share has the same intrinsic value
I hold shares with IG. I thought my shares would just be transferred is that not the case? What will happen if I do nothing? Will i just be given an amount that they decide?
You get one share for one share at the EURO price that share is on the day and time when that is done. so if your share is 4 and euro share is 5 you get you get a share of 5 euro. Then what you get from selling your one euro share into sterling on the same day might not be exactly 4 pounds. It could be more and could be less, depending on market variations, broker, charges etc....
Pretty clear this delisting nonsense has injected significant instability for tui sp here... relieved I got out when I did! What with recession in flight, oil prices rising up towards $85 a barrel, further attacks on red sea shipping and indebted UK about to perform self-immolation just for a few months of feel good tax giveaways. The timing of this delisting no doubt frustrating for loyal PI's, some of whom will be no doubt be forced to sell due to circs over these months ahead...
Dear All. First time posting for me and hold (for me) quite a significant value in Tui shares. I believe I am as confused as many on her are. Having the notification from ii gives me the impression that we will, come the date actually realise any profit or probably in this case loss incurred at the time of delisting? Any clarity on this would be welcomed.
I am a firm believer that the shares have a long way to go and wish all well in their investment..
Hi robertgleed
To be honest, I'm not sure what you're trying to achieve with your 'charges' commentary?
You DON'T KNOW
Also in your original post, you stated 'there will be transaction charges' and now you're saying 'charges will probably apply'?
As I say, you simply DON'T KNOW, so why not simply wait until Tui communicates to all of us, as what you are doing is possibly adding angst to those investors who are maybe new at this and/or are patiently waiting for an official update from Tui?
Finally and to re-state - there is nothing in the legal comms from Tui about the delisting that suggests anything other than Tui covering all costs.
As selecta6 states - the only likely cost, will be a minor currency conversion cost when you then transact the shares after delisting has occurred and they are in euros.
GLA
Bound to be charges.
Isn't there for everything.
They will be directly supported by TUI. Indirectly by SH'ers.
As I said in my last message charges will probably apply.
Totally concur Mike SO2 and DTR1.
This is something that TUI wish to do, and therefore it will be at their direct cost. (although indirectly it will be at ours!!).
We'll just wake up one morning and have our shares designated in Euro's not sterling. Your broker will convert back to sterling, so your portfolio will still show the value in sterling.
It's really nothing to worry about.
The only direct effect upon us, is the potential for a minor currency conversion charge when trading. This will, of course, be shown when you get your trading quote, and before you 'press the button' to trade.
Think you're assuming incorrectly, as nothing of this sort mentioned in the legal documents released to date and I certainly would have thought that they would have been!
As I've shared previously, believe that Tui will assume ALL costs - of course will have to wait until Tui formally communicates to all of us shareholders to clarify and as such, let's not assume
I am assuming there will be transaction charges to pay heaven knows what they will be.
Correct
Am I missing something here. I have assumed that whatever quantity of shares we have on LSE, the same quantity will just transfer on 21st June and will take whatever the opening price is in Euros. Is that correct?