Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
jj.. agree
how did they get here? They made £1billion loss over the past 7 years and they continue to spend like the press release today!
They are fortunate they have found a mug in Mr Fosun, who clearly wants a piece of a UK business.
They also bought Wolves remember (probably told they would be PL champions if they waste more money on them)
Or is PF trying to offload a pile of **** to Mr Fosun, yet another stakeholder being shafted by this wonderful CEO?
Have you been to a meeting with great travel guru Homer?
Invesco will be more concerned they invested in this dog in the first place
They are weeks away from bankruptcy, PF said so, he needs cash to see it through the winter otherwise game over.
Did you watch the video Paul?
How does he describe his performance at TC on his CV?
According to the holding of shares he has above , he was worth £4m with them a year ago, now £240k
Mr Magoo I wonder where you were. Bang on the money again
PF and BOD in panic now, it could go under sooner than everyone thinks
They were throwing in their own money 6 months ago and have lost a LOT, Clueless management
Jed if you are still in doubt ... read this
https://www.standard.co.uk/business/comment-thomas-cooks-boss-ran-out-of-luck-just-like-shareholders-a4188661.html?utm_medium=Social&utm_source=Twitter#Echobox=1562950827
Look at the Balance Sheet in their results
where is his office?
she was pushed out by PF and his buddies because she 'did not understand the travel business' at least she understood business
Flybe did this bounced up and down
illbet you hit the nail on the head... they have aircraft on the Balance Sheet for £553m, which are currently worth 7 times more than the whole of TC is valued on the markets,
Surely admin plus the sale of these (as whoever picks up Cook's business are gonna need a few planes) would give the shareholders more than this hatchet job will
Another Cook Up
https://www.telegraph.co.uk/football/2019/07/14/manchester-city-stranded-home-day-meant-fly-china/amp/
have you had any info from the inner sanctum today Bigs?
Agree Bigs, and some flight only are not protected.
There has been some representative of shareholders say that they were mislead and TC are defending themselves saying in May they gave plenty of information on the risks. I guess a lot on here would not agree with that!
PF has said now that Customer holidays are safe, so see if he backs out of that one also!
Yeah i can imagine they are struggling to pay them currently that is for sure. Must be even more stress for employees, not only having their share scheme decimated and jobs on the line but dealing with suppliers panicking about TC ability to pay them
Thanks Bigs - appreciate that
Invesco stayed in after all the big UK investors pulled out when if fell from 250
so thats 2 sets of stakeholders shafted, customers and creditors next?
although their customers are not that chuffed with them either given the surveys and reports