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Unfortunately there will be nothing spectacular with Tui until the debt is reduced and any threat of future RIs is alleviated. And with world events so ripe and a constant threat to the markets , major upward momentum for the travel sector is delicately balanced. Wizzair down on results is no surprise as that is the trend so don't expect any different for Tuis results. Sorry to be doom and gloom but you have to say it as it is.
Tui have been using seats on Easyjet flights for package holidays for quite a while. It's to do with fullfing there holiday packages , nothing to do with spare parts. It's purely business to buy seats you havnt got yourself.
Sk ---- That's just it, I can't elaborate. I don't comprehend why Tui has consistently dropped to such a low level. After all the good reporting logic says the sp should be increasing not declining and Tui being more hit than others. Admittedly CCL has taken a big hit today but not consistently like Tui. It's a new one on me , I'm bewildered by it. Maybe it is still the debt which is causing the problem with a fear of maybe more RIs. I certainly havnt had any inkling of internal problems.
There's many small earthquakes around the Canaries every year. Over 2000 over the last year. It is what it is but in todays overblown society things are so exaggerated and hyped up just to create news and instil a sense of alarm. Everywhere in the world has natural occurences , so what!!
Unhooked --- I have to correct you. First Choice were never stake holders in Thomas Cook. There were 2 big mergers around 2007ish. Thomsons merged with First Choice and Thomas Cook merged with My Travel. First Choice never had anything to do with Thomas Cook whatsoever.
Closed 483 on Halifax. 23% drop since the 630 was hit around 2 weeks ago. VERY odd! Why has Tui been hit so hard? Thought the recent falls were travel stock generic but Tui is now pulling in the wrong direction on its own!
What an absolutely predictable day for the sp. To me it was so obvious how today was going to pan out. If I had the time to day trade I could have sold my stock first thing when i had a trade quote on Halifax for 605 and bought back in late in the day. Just didnt have the time to track it so didnt sell. Hope a lot of you did. Thats the thing about this stock , its great for day trading if you have the time throughout the day but i dont so im just a holder who is waiting for a good uplift but i don't expect this now for 2 years or so realistically but I'm confident of an eventual good return. Too many people on here quoting terps , statistics etc. It means nothing in this unstable economic climate. The board don't help with their vague unbullish statements which dosnt invoke confidence and suggests things arnt as rosy as what we think. The crunch will be full year results in November which will be the main pointer of where the sp is heading and how things are really going.
As I expected and as per my post yesterday there is going to be no major sp uplift for a good while here. Demand for holidays this year is high due to events of the last 3 years but don't expect demand to be increased similarly year on year. If anything demand next year will probably be lower as this year's demand is an exeptional reaction to the consequences of those events. So lets be real about this. Until the economic climate gets much much better the sp is going to languish within a range. And yes Diceman it is also about the debt.