Member Info for OTCDS2023

FRANKFURT (dpa-AFX Broker) - An announcement by Tui of bookings partly above pre-Corona levels supported the travel sector on Wednesday. Shares in the travel group rose by almost four percent at last count to 6.84 euros in Frankfurt trading, further consolidating their highest level since April. Other travel stocks such as Fraport and Lufthansa also gained up to 2.4 percent. In the pan-European Travel & Leisure sector, however, gambling group Entain consumed the picture with a share price slump due to a capital increase.

The German arm of travel group Tui benefited from strong demand despite high inflation. One looks at a strong summer season "and in recent weeks for the first time again with guest numbers above 2019," said Tui Germany CEO Stefan Baumert, according to the statement. Vacationers were again booking with longer lead times to secure a low price early. "And yet the interest in traveling in the coming weeks is so great that we have reordered contingents again in some destinations," Baumert said./tih/mis

MikeS02 Gladstone hanging in there.....

Just an FYI for this who haven't seen.....

FRANKFURT (dpa-AFX) - Deutsche Bank Research upgraded Tui from "hold" to "buy" and adjusted its price target of 9.80 euros to reflect the recent capital increase. The tourism group has seen a strong operating recovery in recent months following the covid crisis, analyst Andre Juillard wrote in a research note presented Monday. This recovery is expected to continue in the particularly profitable second half of the fiscal year (April to September). Therefore, the expert raised his forecasts for the operating business./edh/gl

Thanks Mike, Golitha & donalb your thoughts are appreciated - @Golitha agree US playing playing politics...imagine debt ceiling agreement will come last minute as tends to be the case in the US.

Don't worry I've just seen the news Boris has announced he is having a third child with Carrie.....everything is fu%ked....

Has anyone got any insight as to why all airlines/tour operators hit the deck on US open? I have done some basic amateur research but don't have access to professional terminals...

Good job, well done

Same, put another 20k in @ 5.096, lets see where we are at the end of the month. Good luck all.

@ chumba agree its embarrassing...H2 presentation was awful, forward looking guidance incredibly vague and official comms were poor at best, not going to fill potential (new) investors with confidence that they can take the company forward.

Nip in an out of LSE and rarely post however I’ve got to say C2645sg you really are like a small child trying to wind up his parents, what are you getting out of this? Your constant confrontational and agtaganistic posts are tiresome and embarrassing……Go out catch up with your mates, have a beer, maybe try and enjoy life?

Mrlong, on your point, Agree Easy jet are reporting a go-forward profit for the coming year (post Q1 reporting), however you need to consider that Wizz FY results today are Q3 (and have Q1/2 drag) but expect to see a profit moving into the next financial year - reporting periods needs to be taken into consideration here - hope that makes sense.

but panic sell is inevitable...

wouldn't be surprised if back @ 24 by Friday - hope people understand the cause of the drop re; CEO sell-off.

Have you seen the £ vs. $ today? Down 3% that is the markets confidence in the British government and KK budget? Dipping in and out of this group is like Hitlers bunker (or Putins), absolute groupthink at its finest! However good luck with all your investments, I really hope all works out well for all.