Member Info for masaimara

As expected the vote to de list was overwhelmingly passed by approx 98% to 2%. Can't see any advantages whatsoever to us small investors.

I really don't think it matters how us Minions vote , imho it is cut and dried with the big boys that we are delisted!

Hi Mike --- not fretting , I am just waiting for the vote with the inevitable result but asked the question about tax as no one will be guiding us through this. We will need to investigate this ourselves and find out any tax implications and I was just asking if anyone knew anything regards this who could enlighten me.

Will there be any German Tax Implications if we have to trade in Frankfurt?

Just a bit of trivia regarding Hays Travel. Was watching Coronation Street last week ( obviously only watching as my wife had it on --- lol) when what did we notice had arrived on the street? None other than a Hays Travel shop! I have seen companies advertising products in Devs corner shop before on Coronation Street for which they pay a fee but never a complete shop! Well done Hays , a stroke of genius on one of the most popular tv shows reaching millions of viewers. Now why didnt Tui think of that and get one of their shops on the street first. Maybe they will open one on Albert Square in the not too distant future , lol.

I am no expert in shares delisting in the UK and being listed solely abroad but could we be missing something which will badly negatively impact us UK investors when we are delisted from Lse? We have now had a big consistent drop over the last couple of weeks. I know the unstable world is a reason but is there something else? Any experts out there?

I have to agree with you Marcinkus. The sp on the Lse and Frankfurt has always roughly tracked each other. Wouldn't make sense if it didn't. As you , I don't think delisting from Lse will make any significant uplift to the sp. Why would it? Why would IIs be more prone to investing in Frankfurt not Lse. They could do that now if they wanted. The sp will go up significantly only when negative world events begin to ease , trade is consistently good and debt is decreased further. I see delisting from Lse as a bit of a pain for us UK investers as regards trading and nothing major but certainly not advantageous.

Exactly that Mike. Let's see what happens in the vote and if we are to be delisted then we will invariably be informed of how to proceed with our Tui shares. From my own investigations there is no need to panic and basically the only effect to us will be in the level of fees we will have to pay on transactions. I am with Halifax Share Dealing and from what I can gather they do trade on Frankfurt.

Forgive the ignorance but what is a DI holder?

Problem being at the moment is that some investors won't differentiate between various series of 737 MAX. They will just see 737 MAX. This will invariably cause some negative reaction in the sp on Monday. I'm not bashing Tui as I am a good sized invester but let's be realistic , we all know it dosnt take much to subdue the sp.

Alaska airlines have grounded all their 737 Max aircraft after a section of the aircraft around a door on one of them blew out midair. Probably will affect sp on Monday as I believe Tui have quite a few of these.

I would suggest from Tuis rhetoric that the de listing is cut and dried already. Not an expert in de listing but really don't comprehend why it is beneficial when the Frankfurt sp basically tracks the Lse sp? Can anyone convince me please that there are definate real term benefits?

The performance of the SP over the last week or so has confirmed to me that it is not going anywhere significantly for a long time yet.

Collision between large Airbus aircraft and small coastguard aircraft at Tokyo airport. Airbus completely on fire but luckily all 379 passengers and crew safely evacuated.

Totally agree SK. Just need consistently good results to turn that blind corner and I'm sure that will do the trick and get that sp going. Don't get me wrong , I never thought it would be a quick journey back but the future looks promisingly good , just a matter of time. HAPPY CHRISTMAS AND A PROSPEROUS AND HEALTHY NEW YEAR TO ALL OF YOU.

SK --- I accept what you say but something is holding the sp back and I believe ( only my opinion after considering all possible reasons ) that it is a fear of uncertainty of future risks highlighted by the pandemic and the various covid variants that keep popping up, which could in theory develop into something much bigger. Big investors hate uncertainty and when combined with debt ( even though that debt is now the past norm for Tui ) that is a big drawback. Debt is now much more relevant to investors in travel stock than it was before the pandemic. As said this is only my personal opinion as to why the sp is subdued and erratic. I can't see any other logical reasons why the sp hasn't taken off after those good results.

I have tried to constructively analyse why TUIs sp has been so subdued and I have concluded that it must be down to debt. Don't shoot me yet , let me explain. Prior to the covid pandemic I agree that debt at the level of Tuis present debt was not a problem. But the consequences of the covid pandemic highlighted just how much travel stock is affected when the world shuts down. And when you already have debt when this happens and you have no meaningful income , you cannot service that debt and have to borrow your way out of trouble just to survive , either that or go under. This is what happened to TUI. Companies with little or no debt rode it out like JET2 did. The pandemic was of course totally unexpected but it showed just how fragile travel stocks are when something like this happens and I believe that it is the fear of what could unexpectidly happen again is subduing the progress of the sp. Whereas TUIs debt level prior to covid wasn't feared , covid has now made it feared and until TUIs idebt level is substantially reduced I believe the SP will continue to be subdued.

Thanks for that Mike. Very grounded and enlightening post from you as usual.

As you say SK , nothing is certain. I do hope your enthusiasm for Tui proves correct as mine at the moment is subdued due to the inconsistent SP being unable to surge forward.

Buying UK government bonds is considered low risk in relation to private company investments and the chance of the government defaulting is extremely low.