The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Funny that everything’s has moved since NK came into the arena
I already know all this as I’ve said I have been looking into it for over a year
Ask your self this.
A lot of people think the BOD are corrupt
It seems to everyone theY want to join up with Fosun who theY have already been working with for years
It also seems to a lot of people that they are going way above what’s expected to tell people the company is broke and that shares are worthless.
Ok so Fosun who have been working with them for years so will know the business inside out YET they want to invest 450m in a worthless company. And a lot of people think they want to then take TCG private (I wonder why )
So everything is going perfect, share price crashes the deal is close to being done and then BOOM
someone starts buying shares, someone in the business, someone in the hotel business
And NO ONE can figure out why Fosun and NK are interested in a broke company.
It’s then reported that that person is in talks to buy the company. Someone that will want to be checking all the money trails, all the books all the accounts.
That same day there is a “leak “ that TCG need a extra 150m
Panic sets and it looks like the share price will dive again.
Now if the BOD are trying destroy the SP why cancel there next set of results ? If they are bad (which they well maybe ) why don’t they release them in which case most people would probably sell there shares. Is it because someone is looking deep into there accounting now they don’t want them out there
Will the BOD get away with being corrupt if they are ?
Well this is my personal opinion if they manage to get the deal done with Fosun then more than likely yes.
and I think this is one of the many reason they will not talk to NK and his allies if he has some.
DYOR
Mark follow the money
Keep reading follow the money and DYOR research
I have been for the last year
What have people been saying all along
People are saying the board are corrupted
Why are they still saying they are spending money on hotels and refurbs
What has a hotel owner and travel owner like NK SEEN ?
Serhet kockar has been activity looking to buy hotels maybe he saw something before NK did and informed him of it
Why does everything not add up
Why the huge write down
Why where TCG shares trading at 120 but then crashed
What changed ?
Yes they do
In the last year they have spent over 175m buying and refurbish there own hotels
If you look further into TCG MEDIA you will see them talking about the acquisition of hotels that they are branding as cook club and cooks casa
Also it’s also been in the British press (who you always say is legit ) that they are going ahead with a 50m investment in there Spanish hotels which are not cook club or cook casa
you may well have finally found out why I have been watching this stock from last year and waiting for it to crash. And why in my first posts I did on this forum I said I really think this is about the hotels.
And what they are trying to hide like I said they where and why the write down was so big because it’s reported the write down of assets was because of my travel assets. . I would suggest it might be a wise idea to look a lot deeper into that write down. The BOD are corrupt in my eyes and in all this with Fosun.
I would not like to be a member of the BOD finally comes out
As always DYOR there plenty there
There is also 50m of TCG money being spent on there own hotels in Spain as we speak
No
For instance cook club hotels where brought last year by TCG
Mark one thing I think even buck and Paul can agree on is that the BOD do not care a once about the share holders they only care about what they can get out of this.
If I was the ceo of TCG and I was taking a back hander form Fosun I would want to rubbish the report in the Turkish media about being in talks with NK.
I would want to say it was absolutely rubbish and untrue so it takes away any positives for investors and the price dives.
That makes me think because they have failed to deny this it means NK has been in touch about gaining control.
Now I think they would knock NK back as it’s fosun they want.
So they can’t deny NK has been in touch with them, and they can’t say he has either because there would be uproar that they are not taking his approach seriously
So it only leaves them one option
No comment
Amers
There may be a reason why TCG have not made no comment about the reports of NK approaching them to take over the company
Also Turkish people are extremely proud people
I holiday there 3 times a year and it’s very important for them.
NK is very respected by people in turkey and all the publicity about him turkey has made him very high profile there and he won’t want to ruin his image
Personally I think NK is being backed by someone with deeper pockets that him
I am still not sure how this will play out because of the BOD of TCG
TCG have been working with Fosun for a few years now and I truly believe all this has been planned for over a year between Fosun and TCG
You DO NOT keep investing in hotels unless you know where the company is going finance wise and I believe that it was with the agreement of Fosun that this is the way forward for TCG IN FACT I would not be surprised if it was Fosun more or less running the company for the last year and the direction the company would go.
I have been watching TCG since this time last year waiting for its SP to collapse and that’s why I brought in to it when it was rock bottom.
I have huge faith Thomas cook can be a major success in the future IF it’s managed properly
And I believe NK is the man for that.
I have stayed at a new hotel that the Kockar family had built last year 3 times in the last year and there level of excellence is amazing.
They have a view for the hotel and I think they have the same excellence in store for TCG if they can get control
I agree mark
And yes there is so much going on in the back ground we know nothing about.
Fosun in my eyes will be getting a great company for 450m even though people think Fosun are putting in 750m which as it happens is not true
It’s ok believing something and voicing your opinion
But going on and on and on about it spoils this whole topic for investors
I have been out all day and wanted to catch up on meaning full news and all that was here was the same rubbish being spouted
This is serious business where people have invested a lot of money. It is not ment to be children’s play ground but that’s what it’s being turned into
For the sake of real investors here please grow up buck and Paul
Yes you can filter
That question has been constantly asked leadersoffice
He has admitted he is here because all he wants more that anything is to be proved right
Nothing else matters as long as he gets to gloat if it all goes well.
I am a investor I am here to find out news as it happens and to hear other investors to even if it’s a shorter
I am happy reading negative news and positive news but this has been the same rubbish hour after hour, I don’t understand why he does not copy and pate all the time because it’s just the same thing over and over again.
It’s getting soooooooo boring
Very very sad
Can you 2 not just WhatsApp each other.
Well said Hk
“I am begining to feel like a woodpecker banging on your head, wondering when I am going to get through.”
Good that’s the best news I’ve had all day
I was asking because there was a posts saying there where suitors looking to buy TCG so It sounded like someone else had joined in