Member Info for No1Scarlet

Nope down we go!

443..a code?

The article is 19 yrs old!!??

Surely, if that was correct an RNS would be needed!?

Waggott on the ball!!!

Posted by American ...

2019-03-26 12:15:43

March 26 (Reuters) – Thomas Cook Group plc :

To Review Financial Services Division
Announces A Review Of Structure Of Thomas Cook Money
Uk Chief Of Retail And Money, Anth Mooney, Has Decided To Leave Business
Review Announced Today Is Being Headed By Chief Of Tour Operating, Will Waggott, Who Joined Thomas Cook In Early March
Proposals Under Consideration Include Aligning Leadership & Operations Team For Thomas Cook Money More Closely With Tour Operating Unit
Thomas Cook Ceo Says Review Of Thomas Cook Money Will Now Consider How Co Can Focus Its Resources In Core Holiday Offering

Another good drop to assist Fosun!!

Possibly!!?

There are some on adfvn, that suggest they are unable to close their shorts on hawk...brokers are rolling over from month to month

A JV into Russia...now that could become a money spinner.

The majority of stores being closed were not profitable, and were chosen for closure as their leases were due for renewal, a spokesman said.

As well as weather-related woes, Thomas Cook has faced competition from online travel agents and low-cost airlines.

It has also said political unrest in holiday destinations such as Turkey has been disruptive to its business.

wonder if TCG are being more upfront with their position in the market with regards holiday sales etc.
Doing the cost cutting, are the likes of TUI that much better!!

I have holidays with both companies, they are no different to what they offer, in fact I have had better outcomes with TCG.

I have never had a holiday with Jet2..so no opinion on them

Well if I remember correctly, Harriet Green started to push for more online in store & online, etc. Many years ago!!
She left with a good handshake..
It just shows management then would not let her continue with her quest to remove all the Silo's

Stores listed for closure:

Gosforth, Newcastle Upon Tyne
West Bromwich Sandwell Centre, West Midlands
Llandudno, North Wales
Sunderland Sainsburys, Tyne & Wear
North Shields, Tyne & Wear
Peterlee, County Durham
Accrington, Lancashire
Market Harborough 23 St Marys Place, Leicestershire
Bury Haymarket, Lancashire
Stratford-upon-Avon, Warwickshire
Aberdeen Langstane, Aberdeen
Chesham, Buckinghamshire
Launceston, Cornwall
Stevenage, Hertfordshire
Shipley, West Yorkshire
Cumbernauld, North Lanarkshire
Guildford, Surrey
Glenrothes 52 Unicorn Way, Fife
Colchester High St, Essex
Kingston upon Thames, Surrey
Kirkintilloch Cowgate, Glasgow

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Thomas Cook Share News - TCG
Thomas Cook Share News - TCG
Current Price
28.42p

-0.20p -0.70%
Bid Price Offer Price
28.20p 28.42p
High Price Low Price Open Price
29.08p 27.78p 28.72p
Shares Traded Last Trade Market Cap (m)
1,942,840 09:10:09 415.70
Thomas Cook Group PLC Thomas Cook accelerates UK efficiency programme
Intraday Thomas Cook Chart
Intraday Thomas Cook Chart
22/03/2019 9:00am
UK Regulatory (RNS & others)

TIDMTCG

RNS Number : 7064T

Thomas Cook Group PLC

22 March 2019

Thomas Cook accelerates UK efficiency programme

22 March 2019 - Thomas Cook today announces new measures to streamline its UK retail network as part of an ongoing programme to drive greater efficiencies across the business and address changing customer behaviour. More and more holidaymakers are switching online, accounting for 64% of all Thomas Cook bookings in the UK last year. Growth in online has been the fastest in all sales channels, rising by 30% in 2018 with continued strong momentum.

Today's announcement would see the closure of 21 stores across the country, reducing the UK retail estate to 566 shops, which would result in an expected 102 customer-facing roles being made redundant. A further 218 store-based roles are proposed to be removed across the network following a review of the retail workforce. A consultation process with the affected staff and their union representatives has begun.

Thomas Cook has developed its digital travel applications into some of the most trusted in the market. Customer satisfaction with the UK website, measured by net promoter score, rose 5 points in 2018. In addition, two in five Thomas Cook holidaymakers departing from the UK now use the company's app to help manage their holiday.

Chief of Tour Operating, Will Waggott, said: "Today's announcement reflects the wider challenges seen on the high street, with more and more customers choosing to book online. These measures will help us to drive greater efficiencies across Thomas Cook so that we relentlessly focus our resources in those areas that give us the greatest opportunity to make a difference to customers in our core holiday offering.

"Looking ahead, we will be working to ensure that Thomas Cook is fit for the future, putting a rigorous focus on costs in a competitive environment while giving customers more reasons to holiday with the strongest brand in travel."

The 21 stores listed for closure are included in the notes to editors.

-ENDS-

About Thomas Cook Group Plc.

Thomas Cook Group plc. is one of the world's leading leisure travel groups, with sales of GBP9.6 billion in the year ended 30 September 2018. It is supported by 21,000 employees and has 200 own-brand hotels. It operates from 16 source market

possible that we could get an RNS regarding Fosun increase in holding...who wouldn't sub 30p.

jed.. i would dearly love to see close to a £1.

But IMO sell off the assets (airline- part or all) to pay off the debt, will only return us to a much lower figure than you suggest 60-80p

Hope i am wrong though

hTTps://www.ttgmedia.com/news/news/thomas-cook-airlines-grows-fleet-for-summer-2019-and-winter-201920-17367

hTTps://www.travelmole.com/news_feature.php?news_id=2036606

well for those still interested, i can update from my post this morning.

OUR EX WELLS ARE STILL PRODUCING 16 wells. Looks like the operator has sealed in the others!!

The operator is D90 Energy LLC no 10706.
The following wells produced for JAN 2019 with a total for the month of 23421 or
755 bopd. At todays price that rakes in $1,380,000 per month

Snowbird oil for month 1273 per day 41
Steamboat oil for month 2389 per day 77
Taos oil for month 3374 per day 109
Big Sky oil for month 941 per day 31
Silverton oil for month 668 per day 22
John Craig oil for month 877 per day 28
Big Sky oil for month 908 per day 29
Big Sky oil for month 2345 per day 76
Big Sky oil for month 957 per day 31
John Craig oil for month 182 per day 6
Snowking oil for month 1287 per day 42
Blackcomb oil for month 4189 per day 135
Blackcomb oil for month 1964 per day 63
Mary Jane oil for month 494 per day 41...12 days prod
Keystone oil for month 1280 per day 41
Monarch oil for month 345 per day 16...21 days prod

snowbird 16-15 shows injection for Jan!!!!!!!!

What the F&&& is going on!!!!

big UT at end of day 9.3mil shares

Cost savings..

hTTps://www.campaignlive.co.uk/article/thomas-cook-slashes-tv-spend-74/1578926