Member Info for jedclampit

There more buys than sells almost 40% more and the sp has gone down, that says to me that 1 or more brokers are dropping the price for a big buyer in the market, could see another rns regarding holdings soon.

Those mega sells are UT all small sells added together for the un-crossing trade at the end of the day. They are NOT 1 big sell.
All after trade buys & sells will come next.

I think it's a broker trying to get their hands on more stock for one of the big shareholders to biuld their stake higher, and as such keep lowering the price .

Has now been run / put on here by Kate Holton and Clara Denina. LONDON (Reuters) over the last weeks about 4 times, but nothing yet confirmed by TCG.

People will now also get involved saying people should stop going on holiday and flying to save the planet, again we could all do that by closing down TCG & TUI putting thousands out of jobs here while countries like China burn more and more coal and increasing more carbon ou tput. There has to be a limit on everything taking costs / jobs into account.

The shorters have got involved in this share and would be happy to drive this company share to 0 and put many people out of work just to make a few pounds, just like Debs.
But I know we will now get many shorters on here saying it's not their fault and the company should have been run better, just so they don't feel to bad.
A great shame.

Yes not really helping is it, the other day PF says there's no hurry to do a dealon the airlines and there will be no fire sales now we get a time limit of next week, I guess you can take it both ways.
either it is a statement by the company and it should be on an RNS or it's not.

There is no reason not to believe this is true , and must be a good idea to set a time limit as it will flush out any seriouse interest in both the airline business and any possible bid for the total of TCG otherwise it could go on for ages.

you say Trading has not improved since in fact it has worsened in 2019 !
you don't know that at all it's only your view. let's wait and see what the position is in their next report, you could be correct but it's only a gusee at this stage.
With regards to an offer price, we all know they are trying to sell the airline business and tcg( PF) them selves have said they are in NO hurry so there will be NO fire sale and we could get a very good price.
So once they have sold off all or part of the airline business which will be used to pay down debt again in PF words , and then the sp will respond and we could see an offer price of £1.50 within the next 6 months.
Remember summer is here now and tcg will be in the cash again so thing could turn round fast.

Buys after hrs, could this be some of the Directors picking up cheap shares.? at least that would show confidence.

Yes all water under the bridge, so what would you do now ?

So due you think BOD's of these companies can turn things around with a flick of a switch, it always takes time.
But if you have have any better ideas perhaps you should let the company know what they are.

But isn't this what was expected, as it takes time to put things right.
But they do also say.
The series of self-help measures that we have put in place to re-align the cost base to the lower level of market activity continue to be implemented and we expect the benefits of these actions to come through during the second half. As a result, for the full year, the Group expects adjusted EBITDA(1) to be broadly in line with the Board's expectations.
At this stage it could have been a lot worse and anything could change between now and end of the year.

are due in about 2-3 weeks, they could be interesting.

So it looks like the GM went as planned with no more negative / profit warning info coming out.
Also if indeed there was / are a number of interested parties in some sort of talks all be it at a very early stage the fact that Fosun has bought more will mean that anyone else that tries to make an offer will have to pay more for it, and after building up a 18% stake would Fosun let it go to someone else without making a big profit on the shares and price they have already paid.

Yes Fosun now up to 18% and building

No not yet but if there was any bad news I guess it would have been out by now, so maybe it's just as they said a technical move / change to the paper work.

But maybe because people have cut down on EU destinations they have booked NON EU destinations more which TCG say are up and just maybe they will make more profit from the NON EU destinations.. who knows !!!!

Fewer British holidaymakers have booked a summer holiday inside the European Union this year amid continuing Brexit uncertainty, Thomas Cook has said.

The travel firm says almost half (48%) of the holidays it sold up until the end of February were to non-EU destinations, up 10% on last year.

Despite this, the firm says Spain is still its most popular destination.

Its findings chime with separate Post Office figures showing currency sales for long-haul destinations have jumped.

Sales of the Japanese yen were up 12% so far this year compared with last, while sales of the Indonesian rupiah have increased by 9%, Post Office Travel Money said.

The figures are based on Post Office transactions between 1 January and 23 April. The Post Office accounts for about a quarter of all UK currency transactions.

It said the biggest growth in currency sales so far this year has been for the Egyptian pound, which has seen a 687% year-on-year increase.

Thomas Cook - through which 19 million people book holidays each year - said after Spain, Turkey had proved the most popular destination for its holidaymakers, accounting for a quarter of its flight-only bookings so far.

Top five destinations this summer
Image copyrightGETTY IMAGES
Spain
Turkey
Greece
USA
Cyprus
Source: Thomas Cook, based on UK tour operator and flight-only bookings until 28 February

Thomas Cook said Tunisia was also "faring well" with package bookings to the country double that of last year, with flight-only bookings up four-fold.

Tourism to the country fell dramatically after a 2015 terrorism attack in the resort of Sousse in which 30 British tourists and eight others were killed by a gunman with links to Islamic State.

The Foreign and Commonwealth Office lifted its travel ban against the country last year, prompting British operators to renew flights to Tunisia's Mediterranean coast.

Thomas Cook has made two profit warnings in the past six months following drops in holiday bookings. In March, it detailed plans to close 21 stores across the country and cut more than 300 jobs.

Chief executive Peter Fankhauser said it was still too early to tell the impact on bookings of the UK's exit from the European Union being delayed to the end of October.

But he said there was "little doubt that the prolonged uncertainty around the manner and timing of Britain's exit from the European Union has led many customers to press pause on their holiday plans for this summer".

As part of its ongoing strategic review of the Group airline as announced on 7 February
2019, the Board has received external advice that its current interpretation and treatment of
Article 122(B) may currently, and in certain periods in the past, have led the Company
inadvertently to permit a level of borrowings which, while consistent with the credit rating
and financial needs of the business, may have been in excess of the limit permitted under
the Articles. These potential technical breaches and their consequences, which have
implications for the day-to-day use of the Company’s existing facilities going forward, are
capable of remedy by the passing of an ordinary resolution by the shareholders (i) ratifying
any and all monies borrowed, or any other actions contemplated by Article 122(A)
undertaken by the Company and/or any of its subsidiaries, prior to the passing of the
resolution in excess of the limitations contained in Article 122(B); and (ii) that each current
director, and each person who has served as a director in the period prior to the date of the
resolution, be released from any liability to the Company, and that the Company waive all
claims, in respect of any of such matters. The amount of the liability released (and any
associated costs) is capped for each such director at an amount equal to 0.25% of the
Company’s market capitalisation as at the date of the resolution.
An implication of the possible technical breaches is that the Company would be unable to
roll-over existing credit facilities for the purpose of day-to-day treasury management, as it
has done in previous years. Accordingly, the Company proposes to seek approval from
shareholders, pursuant to the Resolution, to allow the Company to remove the limitations
under Article 122(B) for a limited period until the conclusion of the next annual general
meeting of the shareholders of the Company. The Board intends to reconsider the
limitations on the Company’s borrowings prior to the next AGM and, if appropriate, will
propose amendments to the Articles prior to expiry of the dispensation of borrowing limits
proposed herein.
3. GENERAL MEETING
Set out in the section of this Circular entitled “Notice of General Meeting” is a notice
convening the General Meeting to take place at 9.00 a.m. (BST) on 29 April 2019 at 1st Floor,
North Building, 200 Aldersgate, London, EC1A 4HD. At the General Meeting, an ordinary
resolution will be proposed to: (i) provide ratification for any potential technical breach of
the borrowing limit in the Articles, and (ii) approve the temporary dispensation of the
borrowing limits that apply to the Company under Article 122(B).
The full text of the Resolution is set out in the section of this Circular entitled “Notice of
General Meeting”.
4. ACTION TO BE TAKEN
You will find enclosed a Form of Proxy for use at the General Meeting or any adjournment
thereof. It is important to us that our Shareholders have the opportunity