Member Info for masaimara

Not sure what to think of the drop since Tuis announcement yesterday. I always think the way that Tui put over their reports is always underwhelming and not dynamic enough! Easyjet also a big drop today! Well that's us on Halifax on our way to Frankfurt. My luck that the sp will double tommorrow when i cant trade --- lol

Yes but it was up over 15% yesterday!

Just a reminder for anyone on the Halifax platform that you must sell your shares by end of trading tomorrow if you DONT want them transferring to frankfurt

Mike --- All in the same note including everything in my other posts today. Would have liked to have put a copy on here but just don't know how to do it with my tablet. But yes as stated we on Halifax have until 15th May to trade Tui on Halifax.

"Before the cancellation on the lse , we will convert your Tui Depositary interests to the underlying Ordinary Shares and transfer them to our international custodian. This will allow you to continue trading in your Tui shares on the Frankfurt exchange. We expect the transfer to take several days. The Tui shares will continue to be eligible to be held in an Isa or Sipp following the transfer to Frankfurt."

My assumption from their wording is that there will be no fees involved in the transfer for us. Certainly no mention. Basically says --- do nothing by 15th May and our shares will be automatically transferred over. But as you say better to clarify

I suppose it depends how you look at it. It probably means us Halifax customers will be able to trade on Frankfurt sooner than we anticipated.

Halifax will start trading Tui on Frankfurt on 16th May and when their transfer process is complete we will be able to trade on there. All the info i have given is what Halifax have stated on their corporate action notification to me.

Yes , Halifax will stop trading Tui on Lse at close of business on 15th May

SK -- Halifax are simply saying that if you don't want your shares automatically transferred to Frankfurt then you must sell by 15th May simply in order for the transferring process to be as quick as possible to enable trading on Frankfurt to be as quick as possible.

Hi Mike , in the corporate action notification sent to me today Halifax state that if I dont want my shares transferring to Frankfurt then I must sell them on Halifax Share Dealing by end of business on 15th May , the last date Tui will be traded on this platform. Maybe this is what beatrootjuice means.

Mike --- are you still as confident for the half year?

Just had corporate action notification via my HSD regarding Tuis delisting from Lse

Avocet --- are you not listening to what is happening in the middle east? The drop in share prices is nothing to do with oil prices , it's due to escalation into wider scale wars. Get real , there is no scare mongering here , just realisation of the facts of what is happening in reality.

Fact Avocet , reality.

Expect a large drop tomorrow!! Does Israel expect no response from countries who's assets they have attacked , and after "ACCIDENTALLY" killing over 30000 people. Do they expect countries to sit idly by? Yes they have a right to respond after what happened to them last October but not to the extreme that they have executed. Israel are the main antagonists in the middle East. I completely understand the bad feelings against them and this is nothing to do with anti semitism. It is to do with their provocation against other states especially the Palestinian people over many many years. They are endangering the rest of the world.

I wasn't aware of it either Stupmy. Took me unexpectedly by suprise. Sort of crept up on us through the back door! Is it a debt reduction exercise? I didn't expect a quick Tui recovery of the sp but the recovery is definately going to be dragged out. What's everbodys take on it as the rns states this process will extend up to 2029?

Agree Badger, fairly obvious the drop is a reaction to the de listing. Finished just about on the low so probably another drop tomorrow. Also agree that TUI looks good for the future if the negative variables subside but will be no better regardless of where they are listed. All only my opinion of course.

Mike ---- My reasoning for my negativity towards delisting is this. We all know Tui is in recovery since covid. This has been exacerbated by world events , wars , economic climate , fear of recession , interest rates , debt , inflation , fear of wars escalating , fear of further pandemics. All these are adding to fears of investing in travel stocks such as Tui because Tui in particular can be so affected by any of these because of their large range of portfolio. Faith in Tui stock hasn't returned since covid and it will take time to do so. We need a prolonged and consistent period of trade uptake , we need interest rates to go down , inflation to reduce consistently , we need wars to diminish and many other negatives to diminish. This will apply no matter where Tui is listed. Any manipulation of the sp can happen in London or Frankfurt. As Tui recovers and there capitalisation increases it would only have been a matter of time before they were back in the ftse 100. So where is the advantages of de listing from Lse? If any large investors had faith in investing in Tui , they could do this on the Lse and could do it now!

Anticipated trading on Lse up to 21st a June, cancellation on 24thth June. I admire your enthusiasm for the de listing Mike but I just can't share that view. I honestly cant see any advantage for us. Nice if you were right though.