Member Info for Quisty

Yes am sure it will encourage them
but how responsible is this statement?
if mid summer it does go under and half of them re left with no holidays ??
i havent got a crystal ball, but i would not trust a BOD that has done this to such a strong company
yes others are having it tough but look at TUI and Jet2 SP

From the balance year in the half year results on thomas cook website
this is not misinformation that is why citi have come up with their valuation
there are some big intangibles but thats brands and as we see that can written down/off overnight

Loads i would imagine as they 43% unsold and we are in May
plus customers are shit scared of booking
and remember the ATOL protection means you get your money back - you dont get your holiday

cash minus 1billion
assets £553 million (planes nowt else)
goodwill ??? is there any eve if there is the debt cancels everything out and we are with Citi valuation of Zilch, zero, nought

Yes he would say this, he has to do everything he can to ensure company carries on and doesn't scare everybody off booking, what would you expect him to do say 'we are screwed don't book with us we are going under, book with Jet2'

Spot On Johnny Cash - amazed this is 10p still , will drop further no doubt
current value of company's equity £158 and where is debt now have lost track 10 times that?????

why did that have to be done - because the auditors insisted on it as the figures would be fake with the value that was on Balance Sheet before this write down.
Basically the brand is worth much much less than it was

a sell of that value normally means next day SP tanks

So it is going to drop first thing then

i personally would not believe a word they say, look what they have done to this once proud company

Last Thursday you said it was going to be 20p by the end of that day

all the more reason not to invest in this sector
buy butlins shares (do they still exit?)

Never believe a company director, they have to say this the are protecting the company, otherwise nobody would book with them and they would be bust tomorrow

Jeffries were valuing them 43p and then 24p going down!!

Absolutely spot on foxy. Well said.

if you want to waste your money then go ahead you have been warned

They have done it before ever since they shut down their own tv channel a few years ago

absolute unfounded garbage

so another good decision buy a big new building then make staff redundant and more costs they don;t need
when PF was asked what they would he do if they dont sell airline, he looked bewildered and then when asked if customers should worry about booking holidays he said "no as they have a plan" did anyone believe him?

EY the company's auditor has said they are worthless