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Mike --- are you still as confident for the half year?
Hi mas,
HL also has a delisting message when you trade the stock and simply confirming the date as the 24th June and the fact that they will be continuing to trade the stock in Frankfurt - so again, nothing we don't already know.
Not long now for the Half Year results on the 15th May and when I believe Tui will provide full details for all
GLA
Just had corporate action notification via my HSD regarding Tuis delisting from Lse
Wackwack... oh yes, DIY is required and that's because many homeowners have been incredibly lazy, with assuming ever cumulative paper gains on their homes while simultaneously putting zilch into them to genuinely lift their value (obviously sweeping generalisation, some have taken very good care and have added extensions/renovations) but... the sheer quantity of poorly maintained property stock out there is shocking... particularly so for a strong and wealthy developed nation the UK is portrayed by many as being... people are really going to get a shock when this realisation comes to bear little fruit.
As for Tui... yes, I think it'll drop some more yet... 540p perhaps not outside of the possible? Longer term TUI will do very nicely indeed, travel will benefit hugely from the recoiling back in of work from home (as Gov loses the battle to get workers back into the office)... that spare disposable cash will be spent on leisure and that's a good thing.
SK, Best wishes in your new house. Maybe you can get busy with some DIY and spare us your repetitive, negative prognostications. We get it already. You love this stock and you have made a fortune from it but you think it is going to tank and it makes you feel good to warn everybody. Enough. I have your profound thoughts plastered on my wall so they are easy too consult. Anymore, you just distract board members from things they might benefit from. Thanks.
Thanks OTC - Fair comment, although reading the press would have the majority believing that offers have to be at or above asking prices to secure purchases right now... There's widespread attempts to ramp/pressure buyers into significantly overpaying imo. Agents and sellers certainly trying it on, and no doubt occasionally getting away with it too! Cheers for the congrats and I think pushing harder may have possibly opened us up to risk of seller pulling the plug (in the event of another buyer falling under the spell of the rhetoric)... 9% drop is ample for us, we hit our target so best to just do the deal imo!
SK congratulations on your offer being accepted, however 10% under asking price isn't unusual under 'normal' times I would push further if I was you? Property market is and will continue to struggle as a result of current interest rates and exacerbated by the planned rate cut for June being pushed back to Aug as a result of inflation challenges in the U.S.
Riddle me this?... If house price growth is so robust, and UK economy so strong, how is it my wife and I just had our offer on a house, at just over 9% below their asking price, accepted?
Good news is the 10% profit I made on my TUI stake, together with some other share dealing profits over this last year, went towards my share of the deposit (my wife also made some profits from trading too)!
As I've said before, I really like TUI as a business but... UK economy is extremely sick indeed, many appear to be very ignorantly sleepwalking into serious trouble, not helped by the many articles pumping up the property market being full of blatant lies. If what we have seen locally is being replicated nationwide (naturally I've no proof it is, but I think that data will emerge in time) there could be major trouble ahead, as the weight of debts and the crunch of falling assets converges with a surging dollar. There could be a cruel Autumn/Winter ahead of us.
SK dik much?
If it drops to 5.50 I will fill my boots!
SK,
Surely you understand that this is a 'silly' post?
It adds no value whatsoever and indeed IF it falls to £5.50, it will have absolutely nothing at all to do with such a post, so why post it?
Looks as though the next drop may be starting to emerge?...
Good to see a bit of blue on the first day of the week
Thanks Mike
Hi all,
Hope you're very well.
So a hugely interesting day today eh, with probably all of us thinking that our shares would slide etc etc and based on the Israel/Iran news. So all in all, a decent day and particularly that I thought there would be some significant selling towards the end of trade and ahead of the weekend - as this didn't materialise, you have to think that investors have got the message that that's it 'right now' from Israel and Iran and more normal trading can resume again into next week.
As such and because of the pressure put on our shares over the last 8 trading days, I'm hoping and expecting a good 'bounce' into next week - I would certainly expect us to quickly get back to at least £6.50 by the end of the week and hopefully beyond, with many sellers now 'washed out' of the stock.
Have a terrific weekend and GLA
Hi Trisor,
As I've suggested a few times to others too, please wait until Tui confirm all relevant next steps - as an investor, you will get full details like all of us 'direct from them'. Suggest this will come out with the Half Year results on the 15th May 2024, so please watch out then and hope this helps
Things might change when Israel and Russia start WWIII
Hi - does anyone know what will happen to our shares. Will they be transferred to the Frankfurt bourse. What happens if they are not?
If it is the case consumers are so confident then can you explain why UK retail sales are completely flat?: https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/march2024
Might be of interest to some on this chat:
https://www2.deloitte.com/uk/en/pages/press-releases/articles/consumer-confidence-reaches-new-two-year-high-amidst-improving-personal-finances.html
I didn't say I don't understand the Macro, those were not my words.
I said I don't understand the Gaza/Israel/Middle East situation... Yes, I see it that it has apparent fallout and is generating headlines with stocks seemingly responding i.e. I understand there seem to be outward knock on effects but... I do not understand Middle East politics i.e. the causes. Cause and Effect of course being very different things and it should be said that correlation does not always imply causation.
You said in your previous note to Mike you don't really understand the macro and then you say Nikkei down and FTSE futures down, is this helping you understand how a destabilised Middle East impacts the markets?
Any short term drop is welcome. We all know where TUI is going long term.
Strap in for some.turbulence... Nikkei & Asian markets significantly down and Ftse future indicating a fair drop on the open. GLA
Likewise thanks for responding and as for my switch from bearish to bullish and back again... I've been carefully examiningstatutory data releases and some key business results too and what I consistently find it they don't match up to press hype about 'UK economic strength'... fundamentally that's why I've believed UK is headed for troubled waters... because the data says that's where its heading (albeit with lag as releases by ONS etc are always for past months). On the Israel/Gaza/middle East... I don't comment on it because I literally have not a clue about the situation there and how it impacts travel industry. Obviously, like many others, I can see correlation between notable events and SP making moves rapidly afterwards but I just don't have any knowledge about it all apart from reading headlines. Whereas on the economic data releases I'm way more familiar interrogating the data being output.