Member Info for jedclampit

Maybe it's just that they have sold a lot of shares they bought much cheaper and just making some profit.
I guess we will find out how things are going / gone next week or so. But let's hope they are better than expected.

That's been the biggest problem here the bod's just don't know what to tell the shareholders, are we being wiped out or diluted to say what 1p- 2p ? Is tcg still going to be listed ? are the shareholders going to be part of the airlines or just the travel business or both or neither.
Is tcg going to be suspended while they announce the deal or carry on trading with a deal announcement. still so many questions. How can anyone know what to do ?

So what's the deal going to be, 2-3 b new shares at 3p then a consolidation x10 or x20. Then it should. be stable and go forward.

So we could be close to a signing of a deal, if that is the case surely these will have to be suspened at / before that time and that could be within the next week.
So if suspended at what 3-4p just what do we think they will come back again when / if they start trading again. 1p 2p 3p ? Or will they NOT be listed again ?

So the next rns is probably going to come out in a few weeks with qtr3 up-dates and with all the deal information on it saying they had no other way forward.

You say Where is the corruption, perhaps we should all just misinformed by bod's,
One rns says multiple bids , we are in the peak season money flooding in, airlines up for sale and we won't be doing a fire sale.
When in reality they could have sold some parts of the airline business ( Nordic ) for instance and stayed in business , but out comes an rns without all the information investors need to make the right choices and then do / try a fire sale for peanuts to Fosun. come on get real there is / has been very little truth being told to the investors here what can you expect posters to say.
If it wasn't for some of the bond holders etc who may be trying to stop this deal it probably would have already gone through.

This now looks more like total market manipulation of the sp by tcg bod’s.
First they issue a dire rns and video to rubbish the company’s prospects etc to drive down the sp, now we have investors / buys driving up the price to possibly take more control.
Just who is PF working for?
Someone in the markets need to look into this.

Yes there must be a good reason for this, but surely at this late stage the qtr 3 info was already known printed ready for release as they were already a few weeks old.
So just because the bod's didn't want to up-set the apple cart even more they should still be released, or are they better than the company are making out and it would impact on the Fosun deal. who knows.

Yes I read all that but you still have to think about the debt, look at tcg , debs etc we have all been caught out this year.

Who knows, but just look at what the volume was on Friday 12th 299,700m
and on the 15th it was 113,480m many were sells. thousands of holders and brokers have sold large volumes and lost thousands of pounds to get out and are probable sitting on the side lines just watching to see if they should go back in because they might have missed something but also the risk of buying back in to lose even more. Many of those that have lost thousands now just want this to fail and go into admin, not for the workers but for the lies / misleading points made by the bod's who should all lose their jobs, hopefully most workers will be fine as they will be taken over by other companies. I guess the next few days will be interesting.

I have been following these for the last few months and thinking of buying in but looking at the numbers they have a nett debt of £390m with a market cap of £490m. Do you think this debt is under control?

I am not in any dought and will not be buying back in, but I guess there will / have been a number of people that have already bought back in expecting this to go up to 8-10p just to get shafted again.
If the market was run like tcg have done many companies and bod's would have gone by now and been sued like they should.

So with the sp going back up is this now a complete gamble just to make a few 1p's, are many that have already going to pile in again on the hope it will keep rising and then for another rns to come saying 2p done deal?
No reason at all now for this rise or am I wrong?

It's no wonder the company is in this sort of state with this lot of bod's.

Holdings coming out today , drop to 5% while they can ?

It now looks like the last 6-9 months drip feed information has been either to NOT give out the full information to shareholders and the market so people can make the correct decision , or just mislead the shareholders and market until the bod's get their own way. totally wrong and must be against the rules of directors working for the best interest of the shareholders.

Legal questions.
Let’s look at what’s happened here, first we get city brokers ( that also work for Fosun ) come out with a 0 / zero price target to spook the market and shareholders by driving down the share price causing many shareholders to lose money.
Then we have the bod’s with market up-dates that say multiple bids for airlines and the cash position now improving.
The latest rns saying all has gone south and they are going to do a giveaway deal to Fosun and all the shareholders will end up with naff all, again causing millions of shareholders to sell asap with again big loses.
If we now get another rns saying there could be another better way out forward after many have sold at big loses, one could almost say there has been a concerted effort and conspired attempt with Fosun / city / bod’s of tcg to destroy tcg and it’s shareholders just give Fosun what they want at a very cheap price.
There must be some legal questions here !!!!!!!!!!!

Well it would be nice to see all those so called experts that were on here friday and today all saying sell sell sell now it's going to 1p. Do you all feel bad as you could have encouraged many many holders to sell out and lose even more money, as the sp could bounce back up to 10p+ now.
So much for giving people advice on these post boards. shame on you all.

The wider operating environment in the European travel market has become progressively more challenging in recent months, resulting in lower valuations in the strategic review of our airline and tour operator businesses, than that first indicated from initial discussions. This combined with a continuation of the challenging trading conditions seen during H1, impacted our ability to achieve satisfactory disposal proceeds for either the whole or part of our Airline, or Tour Operator businesses.



The strategic review was always about improving the financial flexibility of the Group and paying down debt. The strategic review generated a number of expressions of interest for parts or all of the Airline, the Nordics and the TO. However, we always said that we would not sell at any price. Having assessed all of the bids received, the anticipated disposal proceeds fell short of what the Board considered fair value for the businesses, and none of the offers would have meaningfully addressed the capital structure and financial flexibility of the Group.



Fridays RNS will create a lot of questions, these can only be answered as we have constructive discussions with various stakeholders over the coming days and weeks. We will provide a further update in due course.

We all know that many holders of stock come these boards to try to lift the sp to off-set the shorters like your self who only want to drop the sp
Many and I think I am correct also said this would be 1p at the start of trading today well it's not.
we all make statements that sometimes work out different but many would have changed their minds in HIND SIGHT and that's why it's called that. But it always seems to be the shorters that keep on wanting to push the point if they turn out to be correct. Give it a rest.