To that end, it ought to be good news for Thomas Cook's customers and its 21,000 employees, not to mention hotel operators and the company's other partners in countries such as Spain, Greece, Turkey and further afield.
Advertisement Shareholders, though, face being wiped out.
All of this will, as chief executive Peter Fankhauser told Sky News, be "a bitter pill" for shareholders who have kept faith with the company during some difficult times.
Marshares.....i think we should calm down on chiding IP and give him a chance to deliver. I realise he gave us 'false' hopes, yet no one is prepared to say thatn maybe at the time he really believed it. Big contracts were most probably on the cards and still might be but he may not of anticipated the huge debt would result in carnage. None of us did either, did we, althoughy most of us knew that at some stage it would have to be addressed with the resulting dilution. Most of the 'naysayers' were predicting aroundv 0.75p when we were trading at 1p and a bit but even they (mostly) did not come on here shouting... "Going down to sub 0.49p" Not only did they get it wrongv but the sp has gone through the 0.5p and halved again. Maybe, sometimes with the right research we could all benefit if we double check what some are trying to tell us. I'll give IP a chance to prove himself and if you are still holding, then you should all get behind himb for the unexpected news of a real contract. GL
Coogie, yes i tend to agree and i have not bought back in yet. But to be fair (luckily) my cash was tied up so could not buy but i most probably would have at around 12p. It did look a bargain until the Fosun news.
What ever happens an RTO will almost certainly occur.Antos is at the forefront holding 21% and with his history of investing he has never been known to welsh on investors or sell short. He can be commended. For a real chance to multibag 20 -100x we need only to reach 0.5p (half a penny) to 2.5p within a period of months to 2yrs. The former should easily be achieved on a positive RTO and the latter (2p plus) on good revenue streams. A contrarians dream...the bogs dollocks, lol LONG STRONG BUY and HOLD
Odds of coming right would depend if you can find the bottom, then anything above that will be profitable. I feel sorry for those buying at 10p, 15p, 20p, thinking this was a bargain. Sub 4.5p may be a decent chance to sit and wait?
HL know they are f/ing up as their staff are incompetent. They don't have the savvy to keep abreast of important updates. IF they get busy then they close shop and f/off to the canteen or pub, to avoid customer complaints.
'Hoover' is a recognised word in some dictionaries, 'to hoover up'. It came about when the Hoover company first brought out 'their ' vacuum cleaner 100+ yrs ago as the only type on the market, so people just called them 'hoovers'....and the name stuck. Obvious but true, lol
This rise could be orchestrated by big traders. Be careful unless you are sure the rise will hold. It could crash down again, best ton wait, imo to see if TCG is in recovery. I've seen this loads of times a very wary of buying in, however any that bought sub 5p are OK, (for now?)
Surely first sign of madness-- -------------------------------------- Second sign is answering yourself. I stopped posting on ADVFN over a year ago because of Rodson and a few other share bashers. I also have two trolls copying my nickname which was a big headache ie ApplegarthLSE and TheREALapplegarth, so i gave up and never post there. I am logged in as EthelredTheReady, a name i took 3 years before i came on LSE, IN CASE someone accuses me of being those two and on twitter. I don't use twitter. Good luck all.
Does anyone know if the 'loose' gold found at BH was or possibly sold. There must be a few quid in it to boost our revenues? A bucket load could be half a million quid but i believe they found much more?