Member Info for MikeS02

Hi mas,

Many thanks for sharing - interesting they quote 'transfer to their international custodian', which likely suggests that they use a third party for trading in German shares? As such, transfer time etc may well be lengthy - may want to check who the third party custodian is?

Doesn't mention anything about the 14th May though and that you have to sell by then, or is that a separate note?

Hi mas,

Many thanks for coming back - if I'm honest, I think many on here are simply 'very interested' in Halifax's stance and especially as it seems so far away from what we've already been told by Tui and their prospectus.

As SK suggests, it may simply be that their systems are less advanced than others and they need some time to get things sorted.

Would you mind checking out more with Halifax and letting us know - if not, totally understand, but if you or beatrootjuice are up for contacting Halifax; sharing the prospectus maybe and letting us know their thinking, would be great.

Equally of course, Tui could come out with an announcement tomorrow - would just be my luck eh ref timing etc and say exactly what Halifax has said - hence our curiosity

Best

Hi mas & beatrootjuice,

Many thanks for the clarity, although like SK, it seems 'really strange' and certainly not in line with what Tui is saying about trading through to and including the 21st June 2024.

Like SK, I'm with HL and I'm certainly expecting HL, like most others if not all other brokers to wait until Tui comms to us all about the relevant next steps and very likely on the 15th May 2024, alongside the Half Year results.

Additionally and as shared previously, if you do indeed sell or transfer WHO will pay the charges for Halifax? Really does sound 'peculiar' and if I was with the Halifax, I'd drop them a line directly to the trading team; send over the copy of the prospectus as I shared yesterday and ask for more information and again clarify on costs.

GLA

Hi beatrootjuice,

Not quite sure where you're getting your dates from, but they are incorrect I'm afraid.

Please see the link below, which is the prospectus for delisting directly from Tui and simply go to page 5 towards the bottom, where they clearly state that share dealings in the UK market will finish at the end of trading on Friday, 21st June 2024.

Hope this helps

https://www.tuigroup.com/damfiles/default/tuigroup-15/en/investors/7_AGM/2024/TUI_FINAL_Circular_website.pdf-2562eea93ca1fefa435a3fe123381125.pdf

Hi mas,

Hope you're very well and yes, I am.

Today was all about the trading statement from Jet2, which seemed to be on a downer in the market - looked like they were suggesting that they'd seen 'more competitive pricing' in last two months and their package holiday to individual flights had softened by 1 ppt yr on yr. My guess ref the pricing is that either ourselves or indeed Easyjet and/or a combination of both of course are putting price pressure on Jet2 - remember that right now and in the last 12-18 months, Jet2 make MUCH more money profit wise than we do and so if they are facing pricing pressure, then of course their profitability going forwards will be under pressure too! Interestingly, they wouldn't give a projection for FY25, which again is interesting.

Why pressure from us and/or Easyjet - because WE have the power to do so as the biggest travel business in the world - remember in our full year results last year, we BLEW the competition out off the water with regards sales and delivered our BEST ever sales on record - so clearly the BOD and the business know how to drive sales and the top line eh - and Easyjet, because their package holiday business is growing well and of course, they are more at the discount side of things anyway - so all, in all, for us Tui, believe this is good news as we're squeezing a key competitor!

Ref the Half Year - just like Easyjet and their results a few days ago, we have Easter in our Q2 this year, which simply has to help our figures year on year and especially as we know, because they told us last year, that Easter 2023 was one of our best ever - so why not this Easter too?

Secondly, we knocked the competition out of the water really with our 24Q1 results and making positive EBITDA for the 1st time ever. Clearly Q2 including Winter will be negative EBITDA wise, as is the case for the rest of the market, but with a great Q1 and continuing momentum and Easter and the possibility of pricing pressure adding even more to Q2 this year, then feel strongly, that we'll have a strong Half Year.

Hope this helps - clearly just my thinking and GLA

Hi mas,

HL also has a delisting message when you trade the stock and simply confirming the date as the 24th June and the fact that they will be continuing to trade the stock in Frankfurt - so again, nothing we don't already know.

Not long now for the Half Year results on the 15th May and when I believe Tui will provide full details for all

GLA

SK,

Surely you understand that this is a 'silly' post?

It adds no value whatsoever and indeed IF it falls to £5.50, it will have absolutely nothing at all to do with such a post, so why post it?

Hi all,

Hope you're very well.

So a hugely interesting day today eh, with probably all of us thinking that our shares would slide etc etc and based on the Israel/Iran news. So all in all, a decent day and particularly that I thought there would be some significant selling towards the end of trade and ahead of the weekend - as this didn't materialise, you have to think that investors have got the message that that's it 'right now' from Israel and Iran and more normal trading can resume again into next week.

As such and because of the pressure put on our shares over the last 8 trading days, I'm hoping and expecting a good 'bounce' into next week - I would certainly expect us to quickly get back to at least £6.50 by the end of the week and hopefully beyond, with many sellers now 'washed out' of the stock.

Have a terrific weekend and GLA

Hi Trisor,

As I've suggested a few times to others too, please wait until Tui confirm all relevant next steps - as an investor, you will get full details like all of us 'direct from them'. Suggest this will come out with the Half Year results on the 15th May 2024, so please watch out then and hope this helps

Hi SK,

Many thanks for coming back and please rest assured, I certainly meant no disrespect whatsoever in challenging your thinking yesterday and in recent posts - I was genuinely interested in your motivation for posting.

Clearly like all posters and including myself, your views are very welcome, although what I was trying to share yesterday was the fact that within your posts from time to time, you seem to 'flip flop'. So take your response and posts yesterday - you clearly believe that the UK economy will tank and yet you still share that you may re-invest in Tui?

I do remember when you supported the guy who had been scammed and I'm sure that meant a lot accordingly.

I'm 'not' for closing down comments in any way - was simply trying to share that for me anyways, your posts in recent times seem to flip flop and I was trying to understand why

GLA

SK,

Can you please share what you're trying to achieve with your posts?

They're repetitive and frankly WAY off pitch - as an example - weren't you saying just a couple of months ago that we were sliding into deep recession when the BOE etc had already said that we'd come out of recession in January and indeed we have - see what I mean and that's just a small example?

So from your posts, I'm assuming you want our SP to tank; lots of posters here to lose loads of money and for you to get a gold star - is that it?

You should reflect on what you're saying; why and the timing - our SP right now is under pressure because of what's happening in the Middle East - THAT'S IT - as are all other travel stocks too - oh and interesting too that you went to ground when our SP went up to £6.82 last week and which was nearly over 60p what you sold out of, from memory?

Maybe just think a bit and have a bit of respect for those going through some difficult times with their investment in recent days

Hi all,

I know that some have posted about ourselves being somewhat of an 'outlier' with regards SP decline in recent days - did a quick look last night and the range of declines from the highs of early last week to end of play yesterday, range from -10% both IAG and EZJ; -11% Jet2 ; ourselves -15% and up to -17% for Wizz - so simply sharing as most probably expect, that broadly speaking, we're all in the same boat and hope it helps.

EZJ reporting Half Year results tomorrow and if we're lucky, Jet2 may issue a full year trading statement too - both of which should be positive and may well help lift the sector collectively

GLA

Hi all,

Can't lie - Just like most if not all of you, found the lats 4 days trade, absolutely horrendous - so much so that I very nearly sold out myself late yesterday afternoon and which hasn't been in my thinking even when we got as low as under £4 last year (although interestingly, that drop below £4 and down to £3.75 was a ONE DAY movement only and we never got below £4 ever again!)

I guess that's why I didn't sell in the end - because I bought into this stock in April 2023, believing that it was a strong recovery play, which had a decent way to run and I still do!

So early last week, we were motoring really well and until the whole debacle of Israel and Iran entered the play.

If Israel does indeed retaliate in an aggressive way and they get into a huge escalation with Iran, then we have to accept the stock trading at £5, if not slightly below for a period of time - but here's the thing - IF Israel actually listen to the West and those that helped them last weekend, then their retaliation way be very well controlled and which doesn't lead to any further escalation and of course, for which I'm hoping. If that materialises, believe strongly that the stock will get back to its high of £6.82 just as quickly as it fell.

Bottom line for me though - certainly at this moment in time - is that I still believe there are 'riches' in this stock and for now, I'm firmly remaining invested.

GLA

Hi all,

Well like many I was certainly surprised and to be honest, pretty shocked at the scale of the response by Iran.

However, let's be honest, there has been this 'build up' in recent days and as such, provided Israel simply 'accepts' this retaliation, then you have to think that this particular 'saga' is put to bed and if so and it remains stable for the next 24 hours, then as some have shared below, our shares and indeed all travel shares should at least see stability into next week, if not a decent rise back to where it was earlier last week ie around the £6.77 level and the high of the last 12 months.

Additionally, with Easyjet making their Half Year announcement this coming Thursday, which undoubtedly will be strong I'm sure, then should be a good catalyst too

GLA

Hiya,

Sorry for this follow up message, but should have mentioned too, that there would be NO benefit at all with regards the SP by converting 'early', as of course whatever the opening SP is on the 24th June 2024, ALL shares will be converted to that value in euros accordingly - just want to share that too if it helps

Hi SS and email,

Hope you're both very well.

I've been saying this for a while now, so apologies to those who pretty much know what I'm about to say:

So my advice to you both, would be to wait until the see the details DIRECTLY from Tui. ii are being particularly naughty in contacting you, as NO broker has any information right now and they will get instructions directly from Tui just as us investors will too. So please DO NOT get caught up in any nonsense ahead of the correct information coming out and directly from Tui.

I totally realise the energy in wanting to get this sorted, but rest assured, you won't 'miss the bus' so to speak by waiting.

My sense is that the instructions will come out alongside the Half Year results on the 15th May 2024, which is now only just over a month away.

My final point about doing nothing ahead of comms from Tui, is that it is pretty much guaranteed that Tui will pick up any costs from the brokers associated with the conversion of our shares into euros - do it yourself and away from the company instruction and undoubtedly you yourself will pick up relevant charges etc

Hope this helps and GLA

Hi Garonne,

Sort of agree with your view - if I'm honest, I stick with Reuters reporting as they seem to be the most accurate and rather than the other 'frenzied' nonsense that is called news by other organisations and including the pathetic BBC.

So why travel stocks have been hit 'again' this pm, is that the BBC is reporting that they've 'been told' that Iran will imminently launch a tirade of rockets and drones against Israel!!??

As I say, read the Reuters link below which was posted yesterday and for me anyways, MUCH, MUCH more believable and more in line with your thinking.......

https://www.reuters.com/world/middle-east/iran-aims-contain-fallout-israel-response-wont-be-hasty-sources-say-2024-04-11/

Hi iParsnip,

I totally agree - BUT - the one piece of news which should help manage the 'stress' is that the whole travel sector has been hit hard today and really through the 'stupid media' quoting that Iran will imminently hit something! So as the sector in totality has been hit hard today, you can pretty much guarantee in a day or two or three, it will bounce back when this pathetic saga has either occurred or it doesn't happen in the first place

GLA

Hi Dathrilla; talkin and aspers,

Dathrilla - Many thanks for your Q and no, I now don't expect a business update ahead of the Half Year results in mid May 2024 - why - because we are now in their 'closed period' and it looks like Tui really adheres to this period where they don't disclose any further business information and ahead of the planned release.

If there is sense to be made of not posting last week, my assumption is the news yesterday of moving to the Prime Listing scenario 'trumped' such news and I guess for the BOD, yesterday's news was a big deal for them.

Mind you, what would be the odds that the BOD now updates later this week eh!!?? Genuinely don't believe they will

Hi talkin and aspers - So my assumption ref 'full news' on the delisting side of things ref the 24th June, will come our way at the Half Year results on the 15th May 2024. Assuming by then, Tui will have made all of the relevant comms and options through to our brokers and indeed, will be able to share likely broker costs to Tui of completing all of this over the weekend between the 21st - 24th June 2024

Hope this helps and GLA

As always balmus,

Huge thanks for sharing