Mmmm
Good luck to all
Just had a scan on twitter and found the email.... I’m in this long term and holding.. personally this is a company that is ready to explore and I’m not fussed if funding is a placing or alternative. I’m in and staying in...
Plus I’d not want to book a package holiday and fly easyJet to a Tc hotel. Jet2holidays are like the old school type of tour op. Flight. Bags. Transfers and hotel (simple).
Fosun can only buy the tour ops and shop side of the biz. Unless they do a deal with a eu/uk company for a % of the airline.. Airbnb in the past have stated they want an airline. This would be a bargain for them and also booking.com I believe are or have been branching out and even amazon. I’m sure some sort of consortium would be best to take the whole airline rather than split it. As a split would be so complex for Thomas cook holidays and just be confusing: eg Virgin Atlantic - long haul Jv - med haul Jv. - short haul
http://www.travelweekly.co.uk/articles/332268/comment-can-thomas-cook-survive
Tui 59% sold - 2% yoy Cook 57% sold - 12% yoy challenging market Jet2 no stats provided - challenging market
I jumped in a few year ago at 15p and within 2 days it was back to 45p.... I’m very tempted again... basically they need to sell the airline so the tour ops side can be sold to Fosun but I’m not a fan of the virgin groups interest in the long haul part of TCA.. TCG are trying to build the hotel brand and resorts.... Good luck to all old time investors. Cooks will continue but will be a smaller operation. Currently all tour ops are struggling.
I’m an investor and have topped up 3 times and this has continued to sink.. the CEO has said COPL has a Nigerian asset. So I would presume if they were not to issue new shares. Could they barrow with the asset? I’m holding and will continue to hold... on future news I will increase my holding and if that is to buy via a new share issue I will... if we are only weeks away from the start of appraisals then this can only good for all who are investors.
I will be holding and with a next update which will or should be about funding or the next phase. I may part take and average down. This share is my little rust bucket which I know could rise extremely quickly. All the best to all share holders. I’m defo holding until we are producing and then look at my future options ;)