Member Info for MikeS02

Hi WW,

Many thanks for your very kind words and as such, copying as below - in fact, I stated an incorrect day at the end of my posting, which I've corrected below, with of course results and the AGM/delisiting vote taking place next Tuesday, 13th February 2024.

Hi Rizzel,

Totally agree with your sentiment ref delisting.

The London Stock Exchange is pretty much a busted flush and simply going nowhere - has been this way for a number of years now and don't see any reason into the medium term why that should change??

As I've mentioned before being listed in Frankfurt, but NOT in a premiere listing and the FTSE 250, simply puts us in no mans land in both countries and with no momentum at all.

Add in the low liquidity here and you get stupid movements in our stock and particularly to the downside for no good reason and delisting should stop that pretty much immediately and so that we're at least dealing in a predictable market for our stock.

Listing on the MDAX, will provide a new set of investors, including trackers; ETF investors etc etc. and so in itself will drive new momentum for the stock.

Believe that most of those investors who have decided that a full listing in Frankfurt isn't for them, have pretty much already made that decision and sold up and as such, once delisting is confirmed I don't think there'll be too much if any downside - indeed, with a terrific Q1; hopefully some announcement on re-introducing a dividend or at least working on one and then the delisting itself, which will give investors 'certainty' and rather than the uncertainty since announcement of a vote on the 4th January 2024, then we may well get a decent leg up come next Tuesday, 13th and beyond - let's hope eh!

GLA

Hi Rizzel,

Totally agree with your sentiment ref delisting.

The London Stock Exchange is pretty much a busted flush and simply going nowhere - has been this way for a number of years now and don't see any reason into the medium term why that should change??

As I've mentioned before being listed in Frankfurt, but NOT in a premiere listing and the FTSE 250, simply puts us in no mans land in both countries and with no momentum at all.

Add in the low liquidity here and you get stupid movements in our stock and particularly to the downside for no good reason and delisting should stop that pretty much immediately and so that we're at least dealing in a predictable market for our stock.

Listing on the MDAX, will provide a new set of investors, including trackers; ETF investors etc etc. and so in itself will drive new momentum for the stock.

Believe that most of those investors who have decided that a full listing in Frankfurt isn't for them, have pretty much already made that decision and sold up and as such, once delisting is confirmed I don't think there'll be too much if any downside - indeed, with a terrific Q1; hopefully some announcement on re-introducing a dividend or at least working on one and then the delisting itself, which will give investors 'certainty' and rather than the uncertainty since announcement of a vote on the 4th January 2024, then we may well get a decent leg up come next Wednesday and beyond - let's hope eh!

GLA

Hi all,

So as shared and expected, GS pretty much offloaded about a quarter of their share holding over the last 7 days or so and totalling approx 3.2 million shares and so no surprises at all last week with our weakness.

Hoping they are 'now done' and the market can get back on its feet etc etc

Weakness again this pm, but at least we eked out a very small gain whilst many others declined, which is always a decent sign.

Hoping for £5.50 by the end of the week and then should attract some buying going in to our Q1 results a week on Wednesday and then confirming delisting etc etc

GLA

Hi SK,

Thanks for sharing, although 'no news' for us really.

It's Boeing taking the 'crap' and quite rightly too - if they can't hand over 'perfect planes', then why are they even in business.

It's not an issue for existing planes and as the US government agencies are all over Being right now, analysts believe that more issues will come to the fore - but as I say, nothing to do with existing planes, simply those coming out as 'new'

Hi all,

Hope you're all very well, albeit action this week has been 'dire' for us investors!

As you'll know, we're currently approx 42p down vs our opening SP on Monday morning, which of course isn't great and pretty much reverses our gains from last week.

To possibly help though, I do think that our delisting 'scenario' is playing a part in this and of course will continue into the coming weeks as delisting is either confirmed or not - as you know, I strongly believe that delisting will be approved on the 13th and for me, that will be a really good thing - we'll know soon enough.

However, right now, I believe that our movement this week and particularly today is down to low liquidity and the MM's pretty much running amok!

If you look at the RNS postings, Goldman Sachs has been very active in recent days, which for me, is never a good thing!

Interestingly if you look at the last two postings, you'll see that GS has pretty much recalled 1.5 Million shares it has offered for short selling and as such, may well have then gone on to sell them on the market - has this cause the 'big leg' down this pm - I certainly think it could have done so.

I've been doing some research in to how low liquidity can affect SP's and if you're at all interested, please simply click on the link below - I certainly found it interesting.

For me and my final 'rant' about low liquidity - as already confirmed by the BOD's , liquidity in the FTSE 250, vs the German market is only a THIRD and as such, is undoubtedly prone to market manipulation by MM's and as shared in the link below.

Of course, this should all pass, but it d doesn't remove the pain we all feel, when the SP falls quickly and for no good reason.

So here's to getting on the other side of the delisting debate and vote; getting a positive hit from our Q1 results and when we're finally listed in the MDAX, which for me can't happen quickly enough, then with full liquidity and investor attention, then our SP will move to an appropriate level, which is considerably more than where it sits today.

End of rant and GLA

https://www.investopedia.com/articles/active-trading/051415/risks-trading-lowvolume-stocks.asp

Hi SW,

I'm certainly in the camp that moving to Frankfurt will be a great momentum driver for the stock - why, because right now, it's sort of caught in the 'middle of nothing', ie not in a premier listing in Germany, which it will be upon delisting in the UK and languishing in the FTSE 250, where liquidity is but a third of that traded in Germany.

So with a premier listing in Germany and the momentum driven by new investors, eg trackers; MM's who invest in the MDAX etc and of course much better liquidity, then confident it will get a much better focus that it does and is right now.

As for doubling to £12 - my sense is 'of course' and why not - what it needs though is a strong result for Q1, which I'd be hugely surprised if not; confirmation of re-introduction of a dividend (think this is likely announced at the Half Year results for payment at the end of the year, although they may announce at Q1 that they are liaising with major investors for input etc - they can certainly afford to pay a dividend based on last year's results never mind this year's forecast of a 25% increase in profit MINIMUM (and that's the board's commentary) and finally, a 'bit of love' coming from Analysts, which have been somewhat frosty for a while now.

If this materialises over the coming months, we'll get back to a strong and appropriate SP in my mind.

Finally though, as with all good stuff, the next few weeks will be rocky, with investors potentially exiting the stock as the delisting is confirmed - quite a lot of that may have already happened and I certainly hope so, but sure that there may well be some further weakness and selling certainly over the next 4 weeks or so

Just my thinking of course and GLA

Hi all,

Like 'Shave', can we please NOT have any more political coverage on THIS site please.

If you want to continue with political conversation, please set up a separate page for yourselves to continue at leisure.

As we all know, politics is HUGELY divisive and it feels unfair for this chat board to be taken over by such commentary etc

I'm sure many others here, would appreciate taking your politics elsewhere

Many thanks and would appreciate the support

Hi Claret1,

Hope you're very well.

With regards your Q, please simply see link below - if you then click on the link within the report showing what are recognised exchanges to trade by HMRC and ISA's ( the German market is included in the lower of the lists) - you'll see the German stock market is fully covered.

I'm with HL too and as such, both trading German stocks and any within ISA's are all fully covered.

Hope this helps and suggest that all other brokers would be similar too, although PLEASE check for yourselves,

Best Mike

https://moneyweek.com/117497/putting-international-shares-in-an-isa-62914

Hi donalb and all,

Whilst I get the fact that some may want to get their 'stuff' in order, can I suggest that everyone simply waits on the vote on the 13th February and stop fretting etc. If the vote is Yes, then Tui of course will send out comms accordingly, as will of course all brokers too.

I guess I'm simply encouraging people 'not to stress' and let's get the vote done and see what comes along next

GLA

Cookie,

Wow - well, thank you for your gracious post.

I'm sure you filled your boots with Tui and made a killing - good on you - you must have raked it in?

As for Synthomer, I'm simply sharing my view, which I'm allowed to do - it is a public forum.

I have never claimed to be an expert in any sense of the meaning, simply sharing my 15 years as an investor.

I certainly have no intention of scaring anyone - I've said what I've said for months on this share and have never changed my view - that's it

Hi all,

I know that I've shared this many times before and after the RI - you need to be CAREFUL!

Ri's are a 'killer' to SP's and can be for years after - also, whilst some are calling out the trading update as a trading opportunity, it may well be, but what if they announce they'll need another RI?? Certainly feasible.

As I say, be careful and don't believe this can't fall much further

Hi click4cars,

If you simply go to their site and in the search box, simply ask 'Can I trade shares in Germany' and it will then tell you - best this way, as if you can, they will share relevant charges etc etc for trading outside of the UK.

All in all though, would suggest that there is NO action required right now - simply wait until the AGM on the 13th Feb - see how the vote goes and then Tui will let us all know next steps etc etc - even if the vote is 'Yes', it will take about 4 months to actually get this all done, so lots of time to sort things out

Hope this helps and Best Mike

Hi all,

Apologies for my 3 posts today and this will be my last one - don't usually do as much posting, but thought you might like to see below - I know it's relatively 'small beer' when it comes to profits etc, but the more our 'competitors' use us, undoubtedly the better - hope it helps and GLA

https://www.tuigroup.com/en-en/media/press-releases/2024/2024-01-15-easyjet-selects-musement-as-a-partner

Hi all,

Just a little more 'flavour' to my last post - please see links as below, which give a bit of background on the MDAX and Companies within it and the current ETF's covering the MDAX - Yes, certainly not 'huge', but surely better a proportion of that investment and others of course rather than nothing currently - hope it helps.

Finally, the MDAX listing is updated in March and September each year and therefore if agreed in February, guess we'll gain entry from the March re-jig.

https://en.wikipedia.org/wiki/MDAX

https://www.justetf.com/en/how-to/mdax-etfs.html

Hi mas and Marcinkus,

Many thanks for sharing your thoughts, but you both seem to be missing something pretty clear to me and hence why I believe moving over to Frankfurt will really help our SP.

As previously shared, IF the delisting occurs, which again, I strongly believe it will, then the Company will apply to become a member of the MDAX, which is a premiere listing site in Germany and just behind the DAX itself - inclusion in the MDAX is pretty much nailed on when we delist and apply.

So what does that mean - it means that it will join a premiere listing (guess similar to the FTSE 100) and whereby ii's and mm's are fully committed to investing in these Company shares residing within the MDAX.

Being in the FTSE 250 gives us none of this on-going investment at all!

So hopefully this will help in understanding why moving fully to Frankfurt will significantly help - for clarity, we DO NOT currently reside in a premiere listing in Frankfurt and hence why our pricing is so closely tied - delist and gain entry into the MDAX and a totally different investment story!

Hope this helps and GLA

Unhooked - Many thanks and totally agree with your thinking - Best Mike

Unhooked - many thanks. Like everyone else, I will certainly wait for full clarity from Tui if we delist - not sure though what you mean about us losing some shares? There's certainly no suggestion of that in the circular and indeed why should we? I'm guessing that on a particular day, our share value will simply be updated to euros, ie a sterling to euro conversion and that will be that?

Certainly don't want to open up another avenue of commentary, but thought I would share my thinking on that particular bit and hope it helps

Hi SIDI and SK and Duka,

Just to add to the chat - as shared previously, I actually believe more strongly now than ever, that delisting is a brilliant opportunity for our SP and shares moving forward. Stuck in the FTSE 250 and indeed the UK stock market simply does us no favours whatsoever - the delisting however, will get us in to the MDAX - so for clarity, there's 50 companies in the DAX and then another 60 in the MDAX - BOTH of which are fully invested by ii's and mm's - simply don't get this within the FTSE 250.

So simply makes total sense to get into a premiere listing that funds invest in - so as such, a no brainer for me. Yes, a few more costs to trade in euros but in the overall picture, it's minute compared to what fund investors could bring to our SP and being in a premiere listing.

Duka - simply your bank sharing what's already been announced and only if the delisting occurs.

As shared previously, actually believe the delisting will occur a little sooner than the 24th June - maybe May if we're lucky and then get the benefits as above accordingly.

Not in anyway suggesting that some investors are indeed nervous and likely cashing in, but it's only short term - add in to the mix the MAX 9 story; the on-going Middle East war etc and you can see why some investors are nervous right now.

Have total confidence that this will pass as the above gets sorted and as such, there will be brighter skies ahead - and indeed our SP too! GLA

Hi mas,

Many thanks and totally agree - I'm with HL and exactly the same.

Hi Balmus,

Like everyone else, will wait for the vote on the 13th February and then if delisting occurs, I'll wait for the clarity from Tui directly, as assume everyone else will too.