Member Info for boraki

HTTPS://www.traveldailymedia.com/thomas-cook-open-to-new-investments/

Thomas Cook India has said its funds position is strong and it is not impacted by the recent challenges in the aviation sector. The company said it’s bullish about its travel and foreign exchange business and is open to new investments.

The tour operator issued a statement in the backdrop of financial crisis faced by rival firm Cox & Kings. Madhavan Menon, chairman of Thomas Cook India said the company is debt free on a standalone basis and is seeing healthy booking growth and a turnaround in its destination management business.

“Our travel businesses have negative working capital and therefore do not require any external funding. We have witnessed a turnaround of our international destination management specialist companies during 2019. Additionally, during 2020, contribution to the profitability is expected from our recent acquisitions including Digiphoto Entertainment Imaging (DEI). Our forward booking position reflects a healthy increase of over 12%,” he said.

Well done,

I quite agree

It's difficult Toon, I know.

My average is 19p and I am worried as hell.
I do not know what to do, but I think I will probably stick in here.

My pension pot has gone down 70% of what little i had.

We need the bod to reassure the shareholders quickly

https://www.proactiveinvestors.co.uk/companies/news/223276/thomas-cook-over-900mln-from-airline-sale-to-bolster-balance-sheet-says-jefferies-223276.html

I must admit, I do believe the motley fool have an agenda with tcg, and it is not a favorable one

An extra bit at the bottom

https://www.thesun.co.uk/travel/9410430/thomas-cook-lufthansa-airline/

A spokesperson for Thomas Cook told Sun Online Travel: "Following the announcement of the strategic review of our Group Airline in February, we have received multiple bids.
"We are currently assessing the bids received, including for the whole, and parts, of the Group Airline.
"We will consider all options to enhance value to shareholders and intensify our strategic focus and we will provide an update on this process in due course."

The operator, which is led by German chief executive Peter Frankhauser, previously told Sun Online: "We have ample resources to operate our business and at the same time, as usual, our liquidity position continues to strengthen into the summer period.

http://www.travelweekly.co.uk/articles/330925/special-report-thomas-cook-2019-holiday-report

Tunisia bookings bounce back for Thomas Cook
The popularity of Tunisia as a holiday destination is returning, with Thomas Cook’s flight-only and package bookings well up on last year.

Compared with 2018, flight-only sales are up fourfold and package bookings up 103%, according to Cook’s 2019 UK holiday report.

About half a million Brits visited Tunisia each year before the Sousse terror attack in June 2015.

This year, Cook expects the number of customers it sends to Tunisia to rise 50% on last year to 90,000, since the Foreign Office relaxed its travel advice. Tunisia was Cook’s fourth-most-popular destination in 2014. This summer it is seventh, up from 10th last year.

Meanwhile, the report also revealed that breaks of less than a week were increasingly popular for long-haul destinations.

Well one thing seems to be apparent about TCG.

No news good or bad seems to be leaking.

This is very unusual, as leaks always seem to occur.

Just before someone says the price going down this last 2 weeks is news leaking. I do not agree.

It is going down, because there is no news.

The market never likes, not being put in the picture

No,,, they badly need to update the market.

Yes, the market hates this more than anything else.

Mmmm, interesting

Buys or sells

Well, at least it made you chuckle.

:-)

https://www.insuranceage.co.uk/broker/4052286/grp-owned-sagars-buys-thomas-cook

Thomas Sagar Insurances (Sagars) has bought Thomas Cook & Son Insurance Brokers for an undisclosed sum.

Never gloat on someones misery,

it could be ours next.

Lets hope for good news in the weekend press

Correct,,,, show us the money

I still think it will rise towards the end of the day.

Surely, any sale of an asset will rise the price, or am I being stupid?

Are you not worried that bid news breaks over the weekend?