Member Info for balmus

yes:
29.12. 17:58:34 4,970 9.300
29.12. 17:58:28 4,970 33.812
29.12. 17:58:23 5,000 8.034
29.12. 17:58:22 5,000 84.274
29.12. 17:57:56 5,020 25.050
29.12. 17:57:50 5,032 1.000
https://www.finanznachrichten.de/aktienkurse-boersen/tui-ag.htm

actually a drop to 450 (5 €) on Tradegate

but shorts buying back yesterday:
https://shorttracker.co.uk/company/DE000TUAG000/

thanks , just found:

https://www.tuigroup.com/damfiles/default/tuigroup-15/en/investors/6_Reports-and-presentations/Presentations/2020/TUI_Group_FY20_Results-Presentation-vFINAL-CLEAN.pdf-21f095532a0c3224c61d92538badf519.pdf

But the group said on Thursday that demand for travel next summer was rising and that 50 per cent of its programme for May 2021 was booked. Average prices for summer holidays next year are 14 per cent above 2019 levels.

source ?

....Why going up today when RI is meant to bring it down to 300 ?...

The shorties are buying back:

https://shorttracker.co.uk/company/DE000TUAG000/

....I saw ~€1 mentioned but I think this is speculative.....

no, thats explained in the RNS.

the new goverment help will be mainly by silent parnterships, so normally no need to pay interests. In addition the money will be used to repay the € 300m senior bond.

sounds easy, but will the price fall ? Look at cruise ship companies: no sails until end of Feb. and price is raising.
SP could fall, stay or increase. Confusing :)

1) 509 Mio shares not € 509 Mio.!
-- ....followed by a capital increase by means of a rights issue of approx. 509 million shares. ...-- (in the the german version its 500 Mio shares)
2) not 107p .Its €1.07 !! --The subscription price shall be € 1.07 per share,..--
3) 45 % increase of shares ? 590 m to 1090 m is about 85 % increase .

well done

https://www.dgap.de/dgap/News/uk_regulatory/tui-reaches-agreement-with-private-investors-banks-and-the-german-federal-government-additional-financing-package-billion/?newsID=1411554

a fortune ?????? € 1,07 per new share ?

outstanding shares 590 MIo
New shares 500 Mio

You should get for 590 shares 500 new shares for a price of €1,07 per share.

right ?

the drop to 3 is calculatet by nearly doubling the number of shares. But buying the cheap new shares will double your number of shares (via subscription right)

investing ?

RNS : ..The financing package also provides for a reduction of TUI's share capital from € 2.56 per share to € 1.00 per share (without merging shares), followed by a capital increase by means of a rights issue of approx. 509 million shares. ...

actually there are 590 Mio shares outstanding ! I have a bad feeling.

may be a RNS soon ?

Negotiations about new state aid for Tui shortly before the goal

BERLIN / HANNOVER (dpa-AFX) - The negotiations on new state aid for the travel company Tui are about to reach the goal, according to information from the German press agency. On Wednesday morning, the Committee of the Economic Stabilization Fund came together for deliberations, as several insiders reported. Representatives of federal ministries sit on this committee. Stabilization measures are planned for Tui, it should go to a contribution of more than one billion euros

https://www.finanznachrichten.de/nachrichten-2020-12/51397453-verhandlungen-ueber-neue-staatshilfen-fuer-tui-kurz-vor-dem-ziel-016.htm

you should read this, but you need a translator
Insider - Staat will TUI erneut helfen und Eigenkapital zuschießen
(01.12.2020 17:42)
Insider- State wants to help TUI again and inject equity
(12/01/2020 5:42 PM)
.. "Something will happen soon," said an insider. A rescue package with several parts is planned: State equity aid such as a silent contribution, loans from the state-owned development bank KfW KFW.UL and guarantees or sureties for package tours to strengthen the liquidity of the tourism group and its travel agencies ...
..The majority should therefore come from the state's equity, a smaller part from KfW loans or their extension. Big owner Alexej Mordaschow, who holds almost 25 percent, is on board for the rescue operation via a capital increase ...

https://de.investing.com/news/stock-market-news/insider--staat-will-tui-erneut-helfen-und-eigenkapital-zuschiesen-2081255

the german press says the EU decision will be taken until 29 th, so it could be between tomrrow or the 29th.

TORRES SAYS THAT AGREEMENT IS MADE FOR ANTIGEN TEST FROM DECEMBER

...Torres said that the aim is to have this decreed by Tuesday, December 1st, so that it is actively in place for when travel is allowed again from the UK from next weekend when lockdown in England finishes,..

https://www.canarianweekly.com/posts/torres-agreement-made-for-antigen-tests

Todays news in the FAZ:

When things get tight, allies are known to be more important than ever. The tourism group TUI can obviously count on the support of its major shareholder Alexej Mordaschow in the current difficult situation, writes the FAZ. Investors seem to like this loyalty.

in german:
https://www.deraktionaer.de/artikel/aktien/tui-in-der-krise-tun-russische-freunde-besonders-gut-20221408.html?feed=TRtvHrugxEKV2n-qR2P-ag

if shorties continue to buy :

https://shorttracker.co.uk/company/DE000TUAG000/