Member Info for DMcG54

Bkkbkk:

"But I know my luck I sell sp will rocket up next day I'm keep put"

Not just me then lol, happens to me every time!

OK Coogie, point taken, I did use a pejorative term.

I'll rephrase to:

Those dopey hotelier ****5 need to chill out

Those dopey dagos need to chill out

Hi All. There has been lots of chat over TCG fleet, some links below for you all to make your minds up. Looks like a nice big fleet and many have been refurbed. Planes if looked after can fly for a long long time, and if refurbed can look nice for even longer.

https://thomascookairlinesuk-newsroom.condor.com/en/int/about-us/fleet/
https://www.thomascookairlines.com/en/fly-with-us/our-airlines-partners/our-fleet.jsp
https://blueswandaily.com/thomas-cook-eyes-a-new-widebody-to-replace-condors-767-fleet-from-2021/

Should give it a nice bump up. They want the airline bit and the tour op bit, nice chunky sum

Note:

Value to shareholders

Now, I'm more + than I was and am only sharing this negative guff because of an interesting bit at the end:

Sun article: Fresh fears for Thomas Cook as Lufthansa suggests it will not be buying the tour operator’s airline – The Sun 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.”

Hmm. That figure of 7 is very interesting

Thanks for the useful and sensible responses. This share is quite an adventure.

I know I've become quite pessimistic but I'm worn out with this share.

Very interesting post on ADVN which may explain the rapid increase in short positions (probably not leaks like I initially feared but something if true that is even more dastardly by the banksters to force their evil plan - could be why there was that brief spike in buying the debt a few weeks ago).

Come on BoD and JP, get your skates on. I hate lufty even more for spreading BS about the Condor pension fund (slanderous sausage munchers):

" Interesting article, hedge funds start to buy debt at 37p, then short the stock, then call in the debt they own. TCG can't pay, share price falls, so they make money and then when TCG are on their knees the vulture hedge funds take a second bite out this 178 year company by swapping debt for equity, taking the company private and destroy shareholder value!! All I can say the BOD needs to pull its finger out and get the deal done selling the airline and then look at the offer from Fosun, this is the only way they are going to save the company and burn the shorters, and we are talking days here, not weeks"

The situation is ominous but we've all known that for a while.

We are entering the end game phase now, one way or another.

I believe they can turn the corner out of this mess otherwise I wouldn't stay invested but it is wafer thin on which side comes out on top - shorters or investors.

Perhaps the only real winners will be the day traders if this oscillates up and down in the interim but there hasn't been much up to date.

Again, one way or another I don't think this share will stay listed 9 months from now.

Fair point, there had been mixed reporting on this and I guess some of the media wanted to jump on the TCG bashing bandwagon, but that is the problem at the moment, they are more a magnet for bad news rather than good news these days.

On the 'get well' activities, a lot of folks are saying no news is good news; this is true but has been oft said by others the market hates uncertainty and lack of + news on a company that's become sour, this fact and the enormous risk situation with TCG encourages the shorting positions and punishes the share price.

I still have a feeling something has leaked out to the big boys which has led to copycat shorting but we'll have to see.

I have no choice but to hold in a vain hope to get my money back at 31p.

In truth I hate this share and the BoD are complete numpties. If nothing else it will have been a very useful lesson in investing

Thomas Cook investigates after three-year-old 'bumped' from overbooked flight' | via @telegraph https://www.telegraph.co.uk/travel/news/toddler-denied-boarding-by-thomas-cook-easyjet/

Of course it doesn't help with the 'voted worst airline' with news items like this:

Thomas Cook investigates after three-year-old 'bumped' from overbooked flight' | via @telegraph https://www.telegraph.co.uk/travel/news/toddler-denied-boarding-by-thomas-cook-easyjet/

Don't just book it, Thomas Cock it ;oD

Rams, I may have missed something but where's the news that Wizz have pulled out?

Last I read they didn't want the airline but said they were after some of the assets (slots I guess).

Hmmm. The increase in shorts worries me because I'm wondering if there's a leak Fosun side as I don't believe they have been playing clean, all supposition but that crumb trail to ****ty bank and Fosun got my spider senses pinging. I think Fosun have low-balled and have taken out an 'insurance policy' on D4E and having first dibsies on pickings having declared an interest in getting their hands on TCG. It also wouldn't surprise me if BoD did the dirty on shareholders as they just want a golden payout and may be offered posts in new org.

I hope I'm p155ing in the wind but the runes look ****e.

I say this as someone sitting on a massive loss so clearly am not ramping and hoping that the BoD are actually going to earn their wages by turning this battered tour bus around.

Good luck me hearties, I think we're gonna need it :o(

Alamo. The SP has no bearing on the value of assets. The SP reflects f'ing idiots on BoD that have p155ed it all up against the wall. The airline elements should have been flogged ages ago.

The issue is debt and profit. Flog the airlines and make a big dent on debt, improve profit (with all these swanky new hotels and hopefully punters booking holidays) and pay off more debt, simples :oD

Correct. The sausage munchers haven't withdrawn their bid or officially been dropped by TCG. They were just up to games of sour grapes because their assumed crappy low-ball offer probably got called out as a p155 take. I hope the Yankee company has put something decent on the table and that TCG the up the Triton offer for Scandy airlines and Tour Ops, which leaves UK airline bit which that parasite Branston pickled-d1ck has probably low-balled so we may get stuck with that.

As to the wider TCG business, if Fosun doesn't come with a good enough offer then they don't have to sell to Fosun, they've come this far to the brink so why not try and ride it out until they really have to do a fire sale.

These shares have been forced load by the likes of Sh1tty Bank playing dirty and the large c£1.5 B goodwill right off.

The BoD have done no one any favours either including themselves as Shareholders with careers and bonuses and reputation.

TCG has been a basket case and could well go pop, however there is the possibility that they have one last chance to miss the iceberg

The sausage munchers have been quite disingenuous actually. There was no need for them to say anything and they have low punched TCG in the nuts by pulling their name out of the competition and now shining a light on a pension pot factor which may cause further jitters - nasty little tuetonic toerag. I hope lufty goes bust, they seem like a bunch of gormless robots anyway.

Yo cats. Hmm, this Lufty thing is all a bit cryptic. Looks like the sausage munchers have got themselves into a a pickle and hence the saurkraut. If it's a one horse race on Condor then TCG ain't gonna get best price. However, they may be able to even out on whoever is bidding on the UK airlines/slots and the Triton Scandy bid.

Will Fosun be happy to lose the Scandy Tour Operator business as well - possibly as I expect the Chinese are more interested in central Europe and the Med type places.

A tiny bit of + news would help though as we need to get the SP pepped a bit for any big + news.

Fingers crossed me hearties