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This is a rumur by oil is gold on advfn who has made up BS before. As trump says. “ fake news”.

All just speculation. I don’t make financial decisions based on a little chatter...

Any news out? Looks like someone has made a leak b4 weekend? Anyone know anything? Looks like that guy got screwed on his short! haha

All speculation and offers. Until something is concrete it doesn’t matter even if it’s at the beginning of negs.

wow I’m impressed your taking the risk, any news and that short is toast.

Wording used says “all stakeholders”. :-)

dodgespot, finally someone else that must have experience in negotiating. lol, the waiting means this is not a fire sale, this is negotiating and the longer we wait the better the deal. This is only my opinion just to be clear.

If I was Fosun, I would indeed be buying the debt as I stated in a post 2-4 weeks ago way before anyone caught on. However, just because they have the debt, does not mean they control the company as there is a specific term on bonds (correct me if im wrong there please). If Fosun believe, they can snap up the debt, then just wait for the end of term to receive their 100% and they can balanced out the money they have already lost.

Fosun do not want this to be stripped, they are partners with Thomas Cook.

TCG is a complicated company with many different aspects of its model, you can not imply just put a value on it without knowing all the information and also all the different aspects of the business.

Probably because the negotiations are still being negotiated, TCG can sell either the airline or Nordics, remember, they don't need 1.2 billion upfront, just to manage the debt.

My guessing is no news is good news.. Just to be clear, that is a pure guess and gut feeling. Negotiations take time. That means its probably not a fire sale as they are working with the bids....

Kiwikev- it wasn’t down to skill or knowledge. I was simply the right place at the right time in 2012. I was lazier then. With keeping track of the portfolio. Pure luck I made money out of TCG in 2011/12 and gambled like I am now. But only gambling part of my profit from years ago which I took a higher risk on then looking back as it was everything I had!!!

Yeap. My exit point is 1GBP, I honestly don’t know if I will get that. It’s either wait for that or wait for take over. But I’m not selling until either scenario is clear.

I’m feeling rather bullish today. I’m long term, but I’m not adding any more to my portfolio unless it drops below 10p again, then I’ll buy a huge chunk like last time. Average now is around 18p.

Jed- Finally someone talking sense. Even the banks don’t run things yet as there are terms on the bonds duh.

Some good comments today. Nice discussion.

CastlefordTiger, I totally agree with you, these are peoples lives. As an investor, I am aware I can loose my money and I can deal with it without a huge impact on my life (made enough in 2012).... But I would prefer these people kept their jobs and self being rather than me making a fortune. Goes with the territory of investing.

To the families that have their lives invested in TCG - You should come first.

350p COMING! dyor, I WISH. (rubs magic lamp)

the use of stakeholder was used to describe everyone rather than just a whole bunch of words, thanks for contacting Alex, he appears to be our friend. :-)

I like him, he does a better job than PF.....

Thanks for this, another aspect of the business that now has a value. Lets all remember that TCG does not need to pay off the debt immediately, so they do not need to find 1.2 billion immediately out of thin air. All they need to do is manage the debt and manage expenses which they are in the process of doing.

There are too many plus points with this share long term compared to negatives. They are clearly currently looking long term otherwise they would not be making moves like this and with opening new hotels. So alot of everything else is just noise. I think alot of people are working against the share, as soon as there is something positive an analysts suddenly believes something else which then drags down the sp again.

Im in this for the long run, average is now 18p which im happy and content with. However, I will not be adding again unless it drops to 10p.

Thank you to citi for allowing me to add more and vastly reduce my average. :-)

Even if Fosun do not come out the wood work and TCG manage to control debt and expenses, im happy.

Im long, everything else is noise. Good luck what ever you are doing. Also wish the shorters the best as everyone has different opinions and options of investing.

I’m guessing some big trades will be made today and swings in share price. Exciting!

Looks like up again....

That’s probably a good estimate. I think not much will happen until there are some official announcements regarding sales. All we can do is wait and see.