RE: Holding on!14 May 2025 22:51
Clank, that’s indeed the case on paper, but NB the presentation displays more than 30 million euros of the 207 being due to the Easter date effect. Otherwise would have been an improvement on last year, not a worsening.
Like Mike, I’ve been stuck here for years. I share the view that the divi is the givi. Once the divi’s there, no harm holding a flat-as-a-sausage share price if it’s doling out a dividend as a secondary reward. And I’m strongly confident that as divi reinstatement nears, price will rise markedly.
Personally I find it laughable that the primary news story out today was Reuters’ doom and gloom about TUI posting a summer booking slowdown…. 1%!!! Doesn’t even have to translate at all to revenue. I’d be sacked if I created such a strong headline figure in a report based on 1%. More insightful is the continual meeting of the forecast 7-10% growth YOY. Can’t sniff at that.
I’d love to see debt coming down more this year. BUT, once the divi’s being paid out, which shareholders are going to say OH NO TUI CFO, please would you reassign my divi to pay down your debt instead.