Member Info for Stupmy

I wonder too Martinen, they link the issue of listing with Brexit. But brexit was 3 years ago, what's going on now, that means it's important to ENQ to delist in Sweden? I don't know the answer, but like you I suspect this is not simply a matter of costs.

Yes, that's the complication (well one potential complication). Looks as though there could be an arbitrage opportunity here though with a little time 'décalage'. I've continued adding, but I'm hoping that these are short term trades.

Best option for those with the spare money might be to buy on the UK market now and sell on the Swedish market after a rise, that might go some way to reducing overall losses, shortening time to b/e.

That's pretty high volume. Does that play to the idea that the Swedish holders are selling?

Martinen (anyone), the swedish delisting is sold as worth doing to reduce costs now that the UK falls outside Europe (31st Jan 2020 in fact). Not sure why it's taken so long to delist if the costs are significant. Is it possible something else has changed here? There's a comment about the rules for the Swedish exchange being significantly different to LSE now that we fall outside of Europe. Could there be something in the swedish rules that affects our ability to enter into a T/O agreement (either as the target or the acquirer?). I have absolutely no idea, just seems that cost savings, although relevant, may not be the whole story here.

I'm close to where Roofer is on this. From a TA perspective, I think it's actually likely to go to 12.5 or below. After that point I'd be looking to buy back in. Divi is almost 7%.

Broken Britain spin, bronken Britain.

34, I think the underlying argument that you're putting forward is around 'time' and investors struggle with that. I think the rate of debt reduction together with the risk of a potential Labour government making life even more difficult will hold this back until we see a resolution and some light at the end of the tunnel.

They stated that Onedb, seems like a peripheral issue that in my view will have no significant negative impact on SP. For my money, this response is the market (PI's?) responding to the results. I'm treating it as a 'further' opportunity. I'd add though that I would rationalise my positions at or near to b/e as I now hold much more than I had intended to.

I have 14.9 Pelle. Some support at that level

Bug g er, market not impressed so far!

No idea what caused that rise, but I've closed out for almost 4p. I'll consider buying back if the SP drops to or below 179

Slight uptick in shorts on TUI (0.1%; GER).

We'll just have to wait to find out now. We have the trading update on the 19th to look forward to. I'm optimistic that should be ok. I'd have thought today's rise could get up to 480ish before the buyers and sellers have another bun fight over where to take the SP next. This morning certainly shows that the price can move quite fast at times so there are buyers out there.

It does already feel like forever to be honest!

I think Buffet was asked once how long you should hold your stock investments and from memory I believe he said 'forever'. Well I've been holding a lot of this for a long time and have been adding this morning. Oil has moved up and the ENQ SP didn't react around open this morning. I viewed that as an opportunity to add. It looks to me as if the SP might very well hit or exceed 21. Fingers crossed!

Chumba, if you ever find yourself in Frankfurt, check out zum Baren in Höchst. Great place to eat. Good honest food in a lovely setting.

That is a good point iP, there will be a fair few holders selling on the way up if we do, in fact, go up at all. That could dampen the response. You'd also imagine that divis are a little way off and with so many shares any divi would likely currently be quite low.

We're not far off the next set of figures from TUI and in theory they should be good (minus whatever the the wilfires/volcanos/strikes/Air-traffic outages etc impacts). A good set of figures with moderate to low impact of all the vagueries should have this strongly on the front foot once more. Don't forget that, before the 3rd RI the SP was rising and there was a good deal of investor interest. Now that we're arguably in a stronger position having paid down the GER state debt, it would be easy to make the case that we should once more move to the front foot and I'd imagine quite strongly. There's a fair bit of disparity in views on where the general economy is going, but if it were to hold up (that's probably just a timing issue) then I think TUI will rerate. Fingers crossed Stille that your friend is the just a tiny tip of a massive iceberg.

Same SK, I think we at or very near the bottom. I was a bit early with the 470-480 call. Once I'd thought more closely, I realised that this type of trade actually normally rises a bit in the afternoon, but falls back the day afterwards. It hasn't really done that and Monday is a US bank holiday so potentially trading could be thin, although the major markets are GER/UK. Will be itneresting.

Diceman, the disparity between TUI and the others could be the Fund selling down at least 1.7% of TUI's shares. They may be still at it, although it would have to be at a loss now. That means either they are distressed sellers or they believe there is some bad news coming for TUI particularly. There has been no increase in Shorts on TUI so the wider market is not working on the principle that TUI is mispriced and due a fall. For me that favours the argument that the fund that is selling is doing so for other reasons. We'll probably never know what they are.

I think we're at or near the bottom and we will see some good rises in the near term.