focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
...services sector report at 9.30. Then we will have a better idea. You might even get your 77 by Wednesday Harry so that you can trot off with your money. Good luck.
New pattern has emerged. TCG mid May dropped to 73 from mid 80s quickly. The assault started in earnest. There is another PMI report for the Uk on service industries next week. If that climbs we are in for a warm autumn I think and back to 80s. Let's see. Not a time to sell I hope.
Today's fall has more to do with Yellen than Frankhauser. Let's see Friday.
This site is littered with people who are either under orders from those who have a vested interest in devaluation - shorters - or a more worrying group who get thrills from car crashes. Either way they rarely contribute much other than mild amusement.. The late and almost lamented Hawkey was at least literate in his mischievousness. Nice post Snowman.
Mysterious rant about Turkey and working class chavs Kenny. TCG was very exposed to the market for Turkey. I think it might be you Kenny who is ignorant of world events. Tell me Kenny - are you a big spending gay man? If so where do you go on holiday? Your post is imbued with nasty prejudice.
Agree with all that. After a settled period around 62 this has been perfect news. Turkey talking positively of 2017, good news on China economic strategy this morning. Brexit possibly slipping into an inevitable compromise long term. Maybe 70 soon-ish. Webjet looks good to me and they seemed to have enjoyed a nice leg up in AUS. A long haul bacjk but... GLA likewise.
You would be better off reading something about TCG in the business sections. Here is a para from today's Times Online beneath a nice pic of a TCG shopfront "Ocado, Wm Morrison, J Sainsbury, Thomas Cook, JD Wetherspoon have all seen a marked increase in short bets on their shares since the referendum, with 1.96 per cent of all UK stock out on loan at present, up from 1.69 per cent the day before the referendum". The rest of the article is revealing and the bets on recession are substantial and explains the TCG SP more than the state of their web site. We will be lucky to see it climb substantially above 60. Brexit has been great for the shorters and don't forget they just borrow the shares. Fairy godmother maybe urgently needed
...crept up on me! Glad to see the back of this Water Permit; an annoying side issue. And the rest of the RNS is summarised with the vagueness of "in due course". A lot of panting and breathlessness has taken us nowhere. Certainly not down to 6.00. How about bust by Easter 2017.
I sense that the FTSE 250 and TCG sadly reflect the economic state of Britain post Brexit. Tui , today, is just being a bit flamboyant. Flirting with shareholders. Let's see in September what the market really thinks. TUI has not shown any significant gains in recent times. So long as TCG doesn't collapse below 60 thenTCG is a better bet for SH profit than TUI. That doesn't mean it is better managed right now. But a better prospect. Just about remain optimistic but really concerned about recession.
Hope the trolley is not overladen and that the bears don't get you at the check out. I am in, not too exposed and reckon that IOF will show some return from this level. Doubtless there are those that want this at 6.00 - I don't think that is likely anymore. But we know all about IOF by now don't we?
Berenberg downgrade to 60 doesn't look good set against the Fosun interview at Bloomberg. i am now putting Fosun behind me for the time being. But maybe they are up to tricks.
The little bit of stability we needed. 70 would be a reasonable expectation for next week.
Looks like we now have seen the bottom. 60 was an accurate reflection of sentiment and reality. Chill time. Slow, certain progress is needed. Feared that we might have headed to 55. More patience. More patience.
I am enjoying your bullish view. Breath of fresh air !! Like you I see an opportunity at prices sub 60. But remain amazed that we are at this price. Patience has never been more necessary. It will come back.. TCG is still re-positioning itself in reaction to the post Green era and the many other challenges.
Because I am one. And I follow this share carefully. It has taken an exceptional battering and if Fosun buy, it will be at this level and it will take a long time to get back to , say 100. at which level I am still light on my investment. Pretty poor over a near 3 year period. I hope I am wrong but it now needs to double in price to make it look a reasonable investment and I can't see that happening. Unless of course Fosun were to take it on world wide world brand leading journey. Good luck. I am staying though because I don't think I will lose much more but...
Blowback from EZJ 5-6% drop today. Now I am ambivalent about takeover. If Fosun get TCG in the bargain basement the small long term investors will suffer. Next week's results should be OK but don't expect to arrive in the sunshine quite yet
TCG just about standing up given the politics in Turkey.. More news due from there for sure. ARM may not help if the government is getting sentimental about Brit brands. And then there is sterling. Much to think about now - while sitting on the beach. And on the fence as I am over the takeover talk.
...the takeover talk will remain gossip while this Brexit backwash clears
some good sense. let's not forget that when Citigroup downgraded TCG 20th June it stood above 80. Not 4 weeks ago. We are now about 2 weeks to the results. Last weekend I was encourage by a double page spread in the Guardian Travel section dedicated to Cook's upmarket brand. which interestingly does not not cover any recognisable branding at the sites which tend to be away from tricky political places.. The marketing might be getting imaginative and intelligent.
Rumours "flying round the City" and news which is 5 days old is hardly a reason to dive in. And even in the event of a takeover why would it suddenly rise to 160. Takeovers do not necessarily guarantee instant riches (see Poundland recently) and 160 might simply recover losses for many investors. I once wildly predicted 300 by 2017!! Doubt that will happen but if TCG finally achieves objectives then that number might arrive by 2018.. That's about as good as it could get . At this point it disintegrates or goes forward. Make your own judgements and good luck. I am still optimistic, in and averaged at around 90. Good luck