PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Agreed. S/Life sucked up another 14M shares on 29th June. Not selling anytime soon unless no choice.
I wasn't aware that it was obligitary to know someone to make comment on a forum. Your factually devoid posts speak for themselves. Incidentally, a conversation between two people isn't a realistic goal in this environment. I was stating fact unless of course you're passing any profits you make to a local charity? If that is the case then fair play to you.
daz82, seems to me that you are a saint and a vulture rolled into one. No offence to the lady in question but if she wanted guaranteed safe money she shouldn't play with equities. Of course it's unfortunate but if you, daz82, have made a profit then a portion (albeit a tiny percentage) of those profits are her losses! Please don't tell me that you'd rather lose out and see someone else gain as that simply isn't true. That's why you do this - profit, end of! Can't quite work out why you are chirping on at Harry. I don't know him but his posts are both articulate and informative . . . might pay you to listen a little . . .
Briefly digressing to mention another reasonable sized buy showing via RNS this evening. Marathon Asset Management have upped their stake to 5.02%. As i've mentioned a few times I have read the "Fosun takeover of Club Med scenario" and their current tactics are not dissimilar. My hunch is that they will launch a takeover bid whilst the price is in this vicinity. That is only my opinion but it seems to stack up to me.
No problem Harry, bigpro held the fort ;) thank you for the heads up though!
Ah got it thank you. Standard Life and Fosun now own 20% between them! Positive stuff I think. Based on Fosun's move for Club Med once they reached the 7% threshold I wouldn't be surprised at all if they made a bid for TCG and pretty soon too! Hope the share price rises enough in the meantime. Thanks again.
I can see Standard Life have bought another 14m shares but not 4m Fosun
Sorry Harry can't see any RNS for 4m Fosun purchase today. Where did you see that please? Cheers
Apologies, although the shorts show at 2.5% for some reason they no longer register disclosures below 0.5%. Seems odd to me but that is the case. Marshall Wace LLP still have a 0.43% short in place so my previous post should read 2.93%. On the plus side this is still 0.17% fewer shares being shorted than previously. See for yourselves: http://shorttracker.co.uk/company/GB00B1VYCH82/all
Shorts reduced from 3.1% to 2.5%. Seems they're slowly pulling out :-)
Reply from TCG, fair play at least he had the courtesy to respond. "Thanks for your email. I understand your frustration at the current share price. It is worth bearing in mind that our Chairman, Chief Executive and Chief Financial Officer currently hold almost 4 million shares between them, so they are also affected by the recent share price performance. We are unfortunately in a difficult market environment at the moment, due mainly to the consequences of instability in the Middle East. Demand for Turkey – our second largest destination last year – is significantly below last year’s levels. This has impacted our German Airlines business in particular. We’ve also seen a sharp decline in demand in Belgium following the tragic attack at Brussels airport in March. Our share price has been further impacted over the last few days, along with the wider stock market, by concerns about the UK’s potential exit from the EU. Despite this disruption to the travel market, and stock market turmoil, we are confident that the actions we are taking to develop and strengthen Thomas Cook are the right ones. We are following a clear plan, set out in detail at our results presentation in November 2015, to focus our operations on customer excellence, to improve the quality of our holiday offering for customers, to develop our web proposition and to bring our businesses closer together. We communicated the positive progress we are making at our first half results in May, with highlights including growth in online bookings, expansion of our airline network and long haul growth, and improved customer perception. We also communicated the progress being made by our China JV with Fosun, while we mentioned other Fosun-related developments in our full year results in November. I understand your concerns, but can only reiterate that the management team and the Board are working as hard as they can to ensure the long-term success of Thomas Cook. Kind regards James Sandford
Until they feel it reaches what they perceive to be the bottom. Some may close their positions before the Brexit vote next week. They've already made a considerable profit so why take the risk that we vote remain and the share price rises with the rest of the market. Just my opinion of course.
Afraid not! shock, horror!
really appreciate that, thank you MKW
daz82, I can explain my question to MKWarriors. He wrote: "This stock is being shorted and has increased from 2.6% last week to 3.01% short this week". In a nutshell shorting the share means that they (whoever "they" may be) are betting on the share price going down. The more the share price decreases, the more money they make :-( . . . if you already knew that then I apologise for trying to teach grandma to suck eggs etc. What I was asking of MKWarriors was where to find the percentage figures that he has posted as I don't know, but, we would all find this information VERY useful/informative. Hope this helps, if not I'll swim away into the horizon :-)
MKWarriors, please can you let me know where i can find the information relating to the percentage of shares being shorted? That really would be very useful to have. Thank you, Paul
Sorry, just to clarify, my post may seem loaded towards remain but rest assured it isn't intended to. I'm just stating fact. I haven't placed a bet but I have voted by post to leave the EU. GLA
hi rbrand, please don't take this the wrong way but if you believe that the punters decide you are mistaken. The bookmaker guides the market to ensure they win (the vast majority of the time). In terms of most of the bets are on leave, that is not the case I'm afraid. You can check online with most, if there is such a thing, reputable bookies and you'll see that around 75% of all money taken has been staked on remain. Betfair for example have taken £50M in bets on brexit. 77% remain v 23% leave lHence the odds. Take a look https://betting.betfair.com/politics/brexit/eu-referendum-odds-betfair-betting-thursday-9-june-2016-090616-205.html
I wouldn't worry too much about Brexit. Forget the polls as in recent years they've been miles out on a regular basis. I tend to look to the bookies odds as they've proven to be far more accurate. Ok, you get the odd exception (Leicesester City for instance) but they are banking odds on that remain will win. My personal opinion on this subject does not come into it. The bookmaker is king - always will be, that's why they still exist. Unfortunately it'll take more than a remain vote to improve TCG's current situation unless something drastic is done to remove the boneheads at the top! £4m a year for Fank, what a joke. I could run the firm better I have no doubt. The guy's a parasite and is sucking every penny he can away whilst he can. His days are numbered unless something drastic happens to improve the situation. Holy s.h.i.t, the company is now worth less than £1B, how much more damage can this laid back parasite do. Perhaps he's a TUI mole :-)) GLA
Fortunately it was an automated email response so I'm inclined to believe it but you never know with this bunch of jokers. I assure you, if and when I have his reply I will post it straight away, cheers, Paul