Member Info for jedclampit

I would have thought that tcg have now decided what they are doing and who gets what. If they want to get all the cash they can from this seasons trade they will probably sell the airlines from 1st Oct.
That would give them the 3 months normal due diligence / notice to all staff required and give them all the cash needed,
so I would have thought we could get an announcement this week / next week.

Let's just hope we are not all wrong. !!!!!!!

I agree that there has been no mention or prospect of D4E with tcg, only the spread betters and shorters who have been trying to put fear and push for doom & gloom for months. With any sale of part / all of the airline business most / all of their debt could be cleared if they want to do it. Soon things will become much clearer and many of these spread better / shorters will never be heard of again when the sp goes above 40p.

For a company that's going under, they seem to be launching a lot of new programmes to grow the business.
What is it about 6-8 new programmes in June.

This summer Thomas Cook is launching a new programme of in-resort activities all designed to make a positive contribution to the destination.

Labelled Love Local, the new experiences will give holidaymakers the opportunity to meet local communities, learn about and take part in local traditions and importantly, give something back and help preserve much-loved holiday destinations that are home to thousands of local people.

New research reveals that two in five Brits are more likely to choose activities which benefit the local community in some way than they were ten years ago. Today half of holidaymakers are more likely to take a trip to a market to mingle with locals and support independent businesses than they were a decade ago and a third are more inclined to opt for experiences that feature local traditions.

Some 13 Love Local experiences are currently available to Thomas Cook customers in destinations including mainland Spain, Lanzarote, Gran Canaria, Mexico and Cuba. More will be added throughout the summer season with the aim of having 70 by summer 2020.

In the picturesque town of Reus in Spain, customers will get on their bikes for the ‘Grape Escape’ to explore old rustic villages, vineyards and olive groves. They’ll hear from the family that produces organic wine at their vineyard before sampling the award winning olive oil that is made on the farm next door.

In Cuba, holidaymakers will get the chance to live like a Cuban for the day in a community untouched by tourism. The Love Local experience includes a visit to a pineapple plantation and the village of Alcala to meet Cuban farmers and learn more about traditional coffee making before trying home grown fruits and other local cuisine. The day ends with the opportunity to plant a tree in the community’s local forest.

Sandra Killick, Head of Sustainability in Destination, at Thomas Cook UK said: “Times have changed and customers are telling us that they want more from a holiday than just a week chilling by the pool at a hotel. For many, mixing with the local communities and getting to know a place is becoming increasingly important.

“Tourism is vital to so many of the countries where we send holidaymakers and our new Love Local programme will enable our customers to make a meaningful difference to the people, economy and environment of the destinations they have been holidaying at for many years and for many more years to come.”

Love Local experiences start from €12 and can be booked via Thomas Cook in resort reps or via the 24 hour Connected Service online.

ENDS

I must admit you have done well so far in helping to get this back to 13p ish by those weak fellows and ladies that have no B***s and sold, but we all know that as soon as any announcement regarding the sale of any bits / total airlines etc this sp will be back up to 40p ish and we will no long see you around.
Bring it on.

Next week so we could start to see some movement on the bids, who's got what and who hasn't.
So maybe today is the last day to get onboard at this very cheap price.

So eneo have paid Jan 19 bill of $0.8m but still owe $3.8 ish plus June so about $4.5m, looks like they have vog on the run and making them wait approx 6 months for payment.
How can that be good.

So Avation PLC said Thursday it sold an older Airbus A320 aircraft as part of its strategy to keep the average fleet at the aircraft leasing firm low.
So they didn't have any problems in selling an older plane, why should tcg for their airline business.

Is good news so far, if anyone had pulled out of the bidding or been rejected by tcg because of a very low bid they would have put out an rns.
No one knows what price tcg was even looking for for the Condor business and as far as we know there are a number of other bidders including the bid for the Nordic business that tcg didn't even ask for, plus a possible bid of some sort from Fosun. Let's just sit tight ans see what happens.

So if the Lufthansa offer is off the table , who are the talks going on with and why do the ATOL insurers want to sit at the table ?. is it still Fosun.

I think everyone knows by now that Quisty is shorting this.

Well this share seems to be well out of favour now at 87p ish, I agree that taking the script was not a good idea in hindsight for some but not me. Also this now has some 5bn shares on issue surely at some point it might need a consolidation or more buys by the company to boost the price.
All in all it doesn't look good for long term with the dimise of gas C/ heating etc.

We all know that any sp needs to go up and down and that's how we all make money.
However when the city shorter's get involved in a big way they can and do drive down share prices to 0 if they can just to make money.
Now some say it does no harm but just look at many companies where this has happened, if the sp is taken too low it distroys trust and creates fear and can & does cause loans to be called in before due dates and admin is the result, against share price increase that boosts investment and jobs.
Just look at tcg so far, if shorter's could take this down to 0 and not have to give back the shares they have borrowed they would give a fig. Shorts are great for the city but bad for companies and shareholders. end of.

We all know that any sp needs to go up and down and that's how we all make money.
However when the city shorter's get involved in a big way they can and do drive down share prices to 0 if they can just to make money.
Now some say it does no harm but just look at many companies where this has happened, if the sp is taken too low it distroys trust and creates fear and can & does cause loans to be called in before due dates and admin is the result, against share price increase that boosts investment and jobs.
Just look at tcg so far, if shorter's could take this down to 0 and not have to give back the shares they have borrowed they would give a fig. Shorts are great for the city but bad for companies and shareholders. end of.

So just how long is it going to be before we get some shorter's / spread betters on here saying, look out it looks like the deal is in trouble and the insurers are not happy etc etc etc and finding everything they can to be negative on tcg.
Looks like the shorters could be about to lose big time when the sp goes up to 40p+ on an announcement that they have sold the airline business.

The insurers which protect Thomas Cook's package holiday customers have brought in advisers ?as the UK's oldest travel company pursues talks about a break-up.

Sky News has learnt that Thomas Cook's bonding providers, which insure against the risk of it defaulting on package holiday commitments, have hired PricewaterhouseCoopers to represent them in talks about the ?company's future.

The appointment of PwC is understood to have been made in the last fortnight, soon after Sky News revealed that Thomas Cook was in talks with its biggest shareholder - China's Fosun Tourism Group - about a takeover of its tour operating arm.

Bonding providers? play a critical role in ensuring that travel companies can sell package holidays.

In the UK, that role is performed by the ATOL scheme, which is overseen by the Civil Aviation Authority.
I think thios is more about making sure the holiday customers have full cover when this transfers over to someone else.
Deal must be getting close now.

Yes it’s all true vog have been taking all the shareholders money for granted and filled god knows who’s pockets with dosh for years , and they have been allowed to get away with it all. It’s an Absolute disgrace.
But have things changed, on the surface it still looks like they will run out of money again before they get enough customers to make / turn a profit, and that’s why they are trying to pay off debts ie any bonuses / suppliers with shares that are not worth the paper they are meant to cover. They did this the other year when they were short on cash but came up with some reason to stop shareholders revolt.
So look out for another share issue at what 5p -8p before the year end.

unknown destinations for many people, these destinations has great nature and cultural experiences as well as more and more attractive design hotels. This winter, two new design hotels will be opened in El Gouna, Egypt. It is luxurious and bohemian Casa Cook El Gouna and Cook's Club El Gouna focused on a younger urban target group.
• Cooling off
• According to TCNE's surveys, there are some things you want to see less of in the future:
• • Unnecessary plastics: 8 out of 10 want to reduce their use of plastic on the destination. In 2019, for example, the Thomas Cook group, will remove 70 million plastic disposable items at the hotels, flights and offices.
• • Partying: Only 3 % of 18-35-year-olds see the party as the main purpose of the holiday. 87 % respond that the purpose of the holiday is time for rest and recovery. 57 % respond that they use the holidays to reflect on life at home.
• • Fry in the sun: Everyone wants nice weather on the holiday, but to cook himself with coconut oil is out, especially among 18-35-year-olds where only 6 % answer that the sun is what attracts when they are going to book a holiday trip.
• • Amusement park and water parks: 7 out of 10 people in the Nordics are less interested in visiting water and amusement parks compared to five years ago. Instead, more people want to experience local traditions or local activities. Just over 6 out of 10 are more likely to visit the local market today and 7 out of 10 want to make excursions to, for example, a nearby vineyard or olive grove. Almost half (46 %) are interested in hiking. This summer, Thomas Cook Group launches sustainable experiences under the name Love Local, which will especially benefit the local community, preserve local traditions and lift its history.
• • Zoos: 7 out of 10 say they are less interested in visiting a zoo compared to five years ago. On the other hand, you are happy to look at animals in their natural environment, which corresponds to 60 %.
Click on this link to access the entire Holiday Report.
• For further information or high-resolution images, please contact:
Fredrik Henriksson, Communications Manager Thomas Cook Northern Europe, +46 709 513124, fredrik.henriksson@thomascook.se
• About the Nordic Holiday Report
Facts and figures in the Holiday Report are based on TCNEs booking statistics, customer insights and surveys via the company’s Travel Panel and YouGov with about 20,000 respondents in Sweden, Norway, Denmark and Finland. The surveys were conducted in February 2019.

• Turkey is back
• The Swedish crown stands strong against the Turkish lira and holidaymakers get decent value for money this year. Over the past two years, the TCNE has increased its volumes by almost 70 % to the popular country that has recovered after a few years of decline, and the company is also investing in two new design hotels in Marmaris and Alanya within the framework of the new Cook's Club concept.
• This is where most Swedes travel with Ving this summer:
1. Mallorca, 2. Rhodes, 3. Turkey, 4. Cyprus, 5. Crete (the list is the same for the whole of the Nordic region, with the difference that Cyprus is in 3rd place and Turkey 4th).
• More people choose mid haul destinations in winter
• Gran Canaria is the biggest favorite, but also destinations such as the Gambia and Cape Verde, as well as Egypt are getting more popular. With relatively short flights (approx. 6h) and fairly