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Thomas Cook might sell airline to raise cash, shares climb
Alistair Smout
4 MIN READ

LONDON (Reuters) - Thomas Cook said it was willing to sell its profitable airline business to raise cash to fund its fight back from losses racked up in 2018 and to cope with a tough year ahead, sending the travel group’s shares 12 percent higher.

PLUS is apparently one of the most shorted share , LOL 1635p. i wish i was holding all my original investment .

i am buying more

Simon Cooper, Chief Executive of On the Beach Group plc, commented:

"The first four months of the new financial year has delivered another solid period of growth for the Group. Our strategy of investing in our brands, talent and technology to drive growth has delivered performance in line with the Board's expectations, with both new and repeat customers attracted to our wide range of value for money beach holidays. Whilst we remain cautious of the consumer environment in the period immediately prior to the 29th March, the Board remains confident in the Group's outlook and will continue to evaluate opportunities to enhance its market share position."

· Forecast production for FY 2019 of between 65,000 to 67,500 ounces of gold (FY 2018: 72,798 ounces of gold produced)

read the news again.

the answer is don't be greedy, not always mate , i wish that was the case i could be enjoying nice winter sun somewhere instead i am watching the screen all day . happy trading .

time for a cup of tea ,in yesterday out today .

AAZ’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow. Furthermore, the company exhibits an ability to meet its near term obligations should an adverse event occur.

Thomas Cook suggests possible sale of airline business as it posts wider quarterly loss
08:01 07 Feb 2019

FXPO used to be FTSE 100 company for short period few years ago , i can see it happening again one day .

looks like business is to back to normal 251p now

27p is buy for me

i can't believe i am actually making money on my day trading with VOD in at 138p out at 142p

this sounds like good worker shouldn't have a mortgage. just have a look the heavy wights of the FTSE 100 , BP, VOD, SHELL . They all have debts.

OTB seems to doing OK

from 9p to 23p i didn't see that coming , share price recovered more than 100% after the trading statement.

is looking better and better every day.

i took 3% this morning - not bad ,

yes it should be ,it is good news .

yes i hope so mate , it was the best for 2018