KEEP CALM AND DRINK ****TAILS10 Jul 2019 13:10
Hi, I'm new in this chat and i'm very pleased to see all this comments about TCG SP.
my opinion TGC SP will stay in a range of 8-13 until a new news is coming out.
Q3 result will have an effect on SP up to 20p.
Airline sales if the deal is finalized will take SP to 35 -50 p
if no deal TGC will not collapse, too big to fall and if Fotsun is taking the TO business the valuation of SP without airline is arround 40p ( TGC brand only have a value of more then the actual market value)
this is my point of view ( my current average is 13.95 and i'm not selling) even if it drop to 8.
Big fishes are making money on the emotional behaviour of investors, nothing justify that TGC will collapse even with this big debt. ask yourself one question value of SP was 85 when debt was 900M why it should be 0 SP when it's 1.5b? knowing that cost saving will bring an expected saving of 200M a year.
that's was my humble contribution guys....