Results out soon in August.

Broker recos look very bullish and why not on a P/E of just over 6 to 2011.....

Thomas Cook Group PLC

FORECASTS 2010 2011
Date Rec Pre-tax (�) EPS (p) DPS (p) Pre-tax (�) EPS (p) DPS (p)

Panmure Gordon
02-08-10 BUY 319.00 27.10 11.30 338.00 28.70 12.40

Exane BNP Paribas
02-08-10 BUY 116.00 26.62 10.75 319.00 28.87 11.66

Numis Securities Ltd
02-08-10 ADD 324.20 27.60 11.25 357.10 29.90 11.81

Oriel Securities
02-08-10 BUY 330.40 28.40 11.40 363.50 31.30 12.10

KBC Peel Hunt Ltd
30-07-10 BUY 301.06 25.22 10.75 313.36 26.23 10.93

WestLB
30-07-10 SELL 28.81 11.52 29.91 11.96

Shore Capital
30-07-10 HOLD 312.00 26.50 11.80 347.00 29.50 13.00

Charles Stanley Securities
15-06-10 HOLD

Evolution Securities Ltd
11-02-10 None

Investec Securities [R]
09-02-10 BUY 327.00 27.30 11.74 352.23 29.39 12.49

Fyshe Horton Finney Ltd
25-01-10 BUY

Collins Stewart
24-12-09 BUY

Nomura Research Institute
25-09-09 RED

2010 2011
Pre-tax (�) EPS (p) DPS (p) Pre-tax (�) EPS (p) DPS (p)

Consensus 316.42 26.98 11.36 342.50 29.39 11.96

1 Month Change 1.07 -0.22 0.01 3.43 -0.14 -0.14
3 Month Change -11.92 -1.09 -0.05 -11.79 -1.00 -0.44


GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS 2.76% 0.38% 8.92%
DPS 14.03% 10.80% 5.26%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA �574.90m �589.69m �613.90m
EBIT �372.50m �420.55m �447.05m
Dividend Yield 5.38% 5.96% 6.27%
Dividend Cover 2.62x 2.38x 2.46x
PER 7.10x 7.07x 6.49x
PEG 2.57f 18.55f 0.73f
Net Asset Value PS -240.80p 224.47p 240.43p

Macho - man or mouse - No need to be offensive. A bounce at some time was to be expected - impossible for there not to be - however the company is still priced to fail and imho it will.
There heavy investments in the middle east are the biggest worry but basically people wont book with them for fear of losing there holiday after all the bad publicity.

p.s I predict a closing price of 19p or less today. imho

machoman, you're a disgrace and bigot. About time you changed your attitude and learned from others.

Still a bonded opperator though!

what an ass! .... if he's "been in thei business long enough to know what I am doing", then why hasn't he made so much money that he doesn't retire to sunnier climes?


btw, i happen not to agree with transco ..... i just think the market has changed dramatically, and people now prefer to fend for themselves by booking on line, or in the present climate, not going anywhere on holiday

Thanks for the support chaps - interesting to read all the posts on the way down - mostly optimistic outlooks all dashed. Same again im afraid.

My stance is largely unchanged from post 18 on and I still (largely) stand by my post 85.

As said is post 106 - Good luck with these!

But Skinny " Cashflow performance is strong"
Are you joking - its fallen off a cliff why else get the banks in to help.
Over expansion to get market share - foolhardy investment in expanding the business too far. - Disaster.

Sorry - my post 18 is merely stating the trading statement - all subsequent posts are bearish! :-)

My post 85 states "I can't see any redeeming feature in the the chart ".

I'm agreeing with you!

oh ok Kool - and a very good insight - a business doomed to failure im afraid.

re - retire to sunnier climes?

the BAR steward has spoken or is the "cynic"

Why you did not go back to Poland where you belong?

When one makes money it is just a game to entice one self to do better
Is Lord "Sugar" retired? and he has a few more bob than me.

No one over here can teach me a bit on shares or on other words no one is good enough to "polish" my shoes
-----------------

My timing is the best, and that was said by "hambi" now head of the Invesment Trust

and you can see it on today's comment, is it now not words like most of you but facts, reason that I allways give on the comment.

note : I am from a sunny place stupid.

YES from 19.875p when I said so to 25.625p now

JUST SHUT up and clean your dirty mouth with strong BLEACH .......................cynic

I suspect you see a - polish ass - every time you look at the mirrow

transco15

do not forget that not everyone buys the shares for long term, I did do that when I started a couple decades ago a did well then buying companies on PE of 7 to 10 and good growth on the future and selling one year later on PEs of 16 to 18

but my fun now is short term, reason ........... pays more dividens or gains

first round to you son but mark my words it will all come crashing down on Monday imho.
Nice call today though - very very lucky imho

oh dear oh dear oh dear ..... clearly someone previously banned has snuck back on board, though not for long if his pathetic abuse continues much longer .... it really is just tiresome and boorish


transco - try not to give the twit further oxygen

transco15

re - first round

second and third to me

You have forgotten what I said earlier and most likely yesterday on selling and so on.

do not forget if you follow the "dear" you will be to hell just like - himmmmm - since he came to this country by mistake. The stalking still going on since, he just can not find it ( it does not exist ) BUT A FOOL WILL BE A FOOL TO THE END. ...........now stalking posters.

or dear, dear, dear.

eric cantona seagulls

Thomas Cook turns down 400 million plan: The Chairman of Thomas
Cook has rejected a proposal by a group led by two leisure industry veterans and backed by some shareholders of the travel operator to inject 400 million into the company

Market cap of 203 mill

Pre-close Trading Update.