The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If we get diluted, what are the shares worth? Citi reckons 3p, but things could potentially change with NK ?
Thats to see through the winter months only...so that's something else to be aware of, unless things change, which possibly will?
Bought another 20k shares, went to negotiate trade, was like f ek f ek but got them at 9.07.
Wont happend til around 4pm, if there is a sell off
This will be interesting with the traders.
Maybe an extra opportunity for monday?
Pro shorts will bang us down again. :(
Roland Head at Motley Fool will be in hiding after telling everyone TC shares are worth between 1p and 0p. He was also telling everyone to sell and run.
Has he made an error and should now re assess?
And is he changing his name to Richard??
Over to you Mr Head (banger)
TT international have increased. I don't trust this lot as they always appear to know what's going on.
https://shorttracker.co.uk/company/GB00B1VYCH82/
May help TC --- reputable established company rather than a cheap challenger ?
www.mirror.co.uk/money/laterooms-superbreak-both-collapse-after-18813303
Here's the proper full English version similar to last post which had to be translated.
Doomberg.
www.bloomberg.com/news/articles/2019-08-01/thomas-cook-surges-60-in-two-days-after-turkish-investment
Here's another which had to be translated, this isn't as good reading...we need to be cautious.
..............
Thomas Cook Group Plc shares rose 60 percent in two days after investment from the Turkish company.
Stocks of British tour operator Thomas Cook, which is under debt burden, are expected to be intensely diluted with the recovery plan from the Fosun Group of China, the highest level of three weeks, with investors absorbing the news of 6.7% share purchase by tourism investor Neset Koçkar.
According to Shore Capital analyst Greg Johnson, the price increase shows that shareholders still think that the current stock is still worth some, but the Fosun agreement can completely eliminate that value.
Until the last rally, London-based Thomas Cook's shares were falling, despite Fosun's announcement that he was negotiating to take part in a £ 750 million ($ 909 million) financing project in mid-July. This will allow the Chinese investor to take control of the company by swapping bonds and creating new shares.
Johnson, "Anex Tour's founder Koçkar realized this acquisition is a temporary investment or take part in the company's salvation will show time," he said.
Here's one ..
www.turizmguncel.com/haber/flas-haber-neset-kockar-thomas-cooka-ortak-oldu
7p appears to be topping.....any thoughts lads?
Gap at 5.6p from this morning opening.
Price Might lower to fill it... who knows.
However, there is still the dilution issue, it's not gone away - maybe it will, maybe it won't - one thing is certain, wear Sunscreen.
I also wonder if James Anus of citigroup has just been made to look a clown at the final point by Kockar or if Anus has been colluding with them too, but i doubt the latter.
I'm thinking it's been level around the 5p-ish area and not fallen to 1p as many posters were spouting 2 or 3 of weeks back, especially after dumb and dumbers video.
Infact, where are those posters who said 1p.
Today's RNS may explain why the price has leveled around the 5p / 4.8p for a couple of weeks.
Also may explain why pro shorts have been reducing over the same period.
There is something going on in the background. This is exciting, that fe-k as last 12 months has been sheet.
This wash out summer must be helping :-)