Member Info for HK85

Thanks devon for the link I’ve also read a few articles regarding the court, the main focus will be on the cva and its impact on landlords, correct me if I’m wrong but i don’t see any recovery for SH including MA whichever the court outcome will be

The situation keeps on getting more complicated, according to CPC debenhams equity was acquired by its lenders for £60M whereas its debt remained the same in fact it’s gone up which I don’t see a fair value because if you take into consideration the value of magasin du nord I would say it’s at least a £100M.

@Devonplay so in conclusion will there be any value for SH if the court rules against Deb?

Any particular reason for the spike in the SP?

The more I read into TCG the more surprised I get!! A company that its share price was trading at circa 140p last year was smashed down to the ground by the BOD’s lack of competence and ability to adapt to new changing environment and innovation.

@JTMacs

I’ll leave it to your rationale.... do you really think that II’s will vote against the deal and push TC into admin and see their holding simply wiped out?!?

@Illbebuck no need to brag about the omega seamaster it doesn’t hold value same as TC!!

Got mine from goldsmith for 4K and managed to sell it back to them for 1.2K only when i wanted to upgrade for a rolex

@illbebuck

I’m not sure what makes u think I’m under the impression existing SH will be holding anywhere above 5%!! If I’m to take a guess i strongly believe that the the dilution size will be 20 times.

Take Citi estimated price against the cash amount to be injected and you’ll end up with 20 times the current size

I’m not sure why both positive and negative posters keep on sharing views purely based on guesses!!

The only parties who know what this SP will be trading at once the recap has been finalised are TCG management, Fosun and the lenders as the final SP will be dictated by the size of dilution.

https://simplywall.st/stocks/gb/consumer-services/lse-tcg/thomas-cook-group-shares/news/introducing-thomas-cook-group-lontcg-the-stock-that-collapsed-96/

@Perki

As silly as it sounds it’s not a takeover, it’s a structure reorganisation.

To be fair and I’m not a big fan of the bod but in their July RNS they did warn SH that they will be significantly diluted so this should come at no surprise. What surprised me is what existing SH will/could be left with (1-5%) at best.

@bobfet why would you touch a stock that you know for a fact it will be diluted and you may or may not get it at a cheaper price. Stay in cash for now and see how it pans out later

@masaimara as much as I’d like to comment on your post I really cannot find any words that best describes your delusions

I’ve just concluded a business meeting with TC BOD, Fosun and NK. Tomorrow is bidding day 50P per share while i was at the meeting i saw a couple of pigs flying!!

I’m not too sure why positive and negative posters are sooooo active on here when there’s no need to till the recap is finalised so at least we can shed some light on the dilution size

BN 08/19 09:08 *FOSUN TOURISM CHAIRMAN QIAN SPEAKS TO REPORTERS IN HONG KONG
BN 08/19 09:08 *FOSUN STILL IN TALKS WITH PARTIES ON THOMAS COOK BAILOUT PLAN
Fosun Still in Talks With Parties on Thomas Cook Bailout (1)
2019-08-19 09:48:15.448 GMT

By Shirley Zhao
(Bloomberg) -- Group is discussing rescue plan with
stakeholders pending a further look into earnings of the U.K.-
based travel agency and approval from regulators, Qian Jiannong,
chairman and chief executive officer of Fosun Tourism Group,
tells reporters Monday in Hong Kong.
* Thomas Cook has a brand value, and if the deal works out, it
will have a positive impact: Qian
* Fosun Tourism Group, a unit of Fosun International Ltd., swung
to a pretax profit of 819.3m yuan ($116m) in the first half of
2019, from a loss of 186.1m yuan a year earlier, co. said in a
statement Monday
* Thomas Cook shares jump as much as 21% in London, extending
Friday’s 29% rally, as results from Fosun Tourism suggest the
bailout partner is in good health
* Shares of Fosun Tourism Group rose as much as 4.9% in Hong
Kong, closing up 4.5%

NOTE: Thomas Cook shares still down ~70% YTD
NOTE: Aug. 21: Thomas Cook Drops as Emergency Bailout to
Exceed $1 Billion
Related story: Fosun Mulls $940 Million Rescue of Debt-
Strapped Thomas Cook

To contact the reporter on this story:
Shirley Zhao in Hong Kong at xzhao306@bloomberg.net
To contact the editors responsible for this story:
Sam Nagarajan at samnagarajan@bloomberg.net
Dave McCombs

@illbe I’d rather play call of duty than spending my time day and night on here as you do

@illbe if the MM are speculating on an incoming bid they must be doing a ****ty job. The only thing that is coming should the rescue deal see the light is dilution

@illbe if posting those figures fulfils your obsession then good luck.

@illbe do you know what i like about you the most is that you keep on posting figures that everyone knows about. The SP plunged from 13P to 4.5P on the back of the 750m rescue deal it then plunged from 9P to 6P on the back of the additional 150m. Those two figures have already been priced in the SP

Paul & illbe

Do you have a life outside this forum at all?!!!

One who’s invested heavily and another who’s most likely has a short position on here 24/7 and claims it’s all about enlightenment