Member Info for masaimara

You're probably right Harry but no doubt it will just be a quick kill and a good profit for them.

Follow up to what TheCat has just mentioned. Very interesting article on Bloomberg which states that Fosun are selling assets ( which will include stocks ) to repay debt in order to improve their debt/credit ratings and also that they have cut back on overseas acquisitions.

I hope TCG do the sensible thing and decrease debt instead of paying a dividend. It is important for future success that the debt is eliminated. The future is what matters , not short term pampering to the few.

It's worrying and disappointing and a bad sign that nett debt has risen by almost a third to 515 million from 392 million. Also the results only cover up to one week past the brexit vote so the full negative impact of that has not yet been seen. A very difficult one to call as to the direction of the sp over the next few months.

False optimism! I Its down again on the day.

Completely agree with you about the airline. Absolute stupidity to even think about selling aircraft.

Taking everything into consideration ( very sad to say ) I now expect next week's Q3 results are going to be poor. I think the recent hot spell in the UK is the final nail in the coffin ( so to speak ). Customers have delayed booking due to world events and a late surge in summer bookings is what TCG would be relying on to boost earnings but sadly the heatwave here means many will now be holidaying in the UK instead of going abroad. And as we all know , travel companies rely on this time of year to make the bulk of their profit. Sorry to be negative but I am a realist and the facts of the matter is that the situation for TCG at the moment is very bad.

I don't think it is that big investors have faith in the CEO! What they do have is faith in the fact that the TCG sp will give them big profits due to its volatility.

If Fosun did takeover , what is your opinion on how the sp would go over the next year or so?

I can't help but feel that if Fosun were genuinely interested in a takeover , that they would have done it by now. It makes no sense to me not to have done it already at the levels TCG is at , if they were serious about it.

I always find that Google finance is more real time accurate on the sp of TCG.

Hi bigpro , why do you say the small long term investor will suffer?

TCG would be better off ( and for us in the medium/long term ) not paying a dividend this year and using the money to write off debt. It would then make for better future dividends.

Nice to see these daily rises but I believe it is only in response to daily news events and diminishing uncertainties about brexit and nothing to do with any takeover ( at the moment ). But on the positive side let's hope the sp can once again climb out of its hole where it has been languishing for so long. As I have stated previously I have been in for a long time and seen very quick movements both ways. TCG is very resilient and I am positive about its future and I believe it will get back to 200--300 in the next couple of years with or without a takeover providing the lack lustre management is dealt with in a positive way.

No I'm not short fitchi. I'm six feet and half an inch!! I used to be six feet and three quarters of an inch until TCGs decline but I'm hoping to grow back soon!!

Hi chanjael , I have seen the latest news on TC airlines site which states the union representing cabin crew have agreed not to strike “ for the moment " whilst issues are addressed. Can't find anything else stating they are definitively not going to strike. Also do not get lured in by meaningless remarks by unknowledgeable posters. I think you know who I mean!!!

Don't get too over enthusiastic about the sp. TUI are also up. I don't think you should read too much into the movement up of the last two days. The percentage increase might seem substantial but it is only a few pence. This share has declined dramatically over the past months by MANY pence. I think this recent little surge is just a dampening of pessimism caused by BREXIT.

TCG down over 7% , TUI up! As I said , STRANGE!!!

Now over 7%!!!

Almost 7% drop now on Google finance. This is strange!