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

Yes GF not too bothered ,the general markets not helping . Still hoping for your xmas rally :)

JP Morgan Cazenove Overweight 168.10 168.20 - 200.00 Reiterates

Thomas Cook Group Stock Rating Reaffirmed by JPMorgan Chase & Co. (TCG)
Posted by Tammy Falkenburg on Dec 20th, 2013

Thomas Cook Group logoThomas Cook Group (LON:TCG)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Friday, Analyst Ratings.Net reports. They currently have a GBX 200 ($3.26) target price on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 18.91% from the stock’s previous close.
Shares of Thomas Cook Group (LON:TCG) opened at 167.30 on Friday. Thomas Cook Group has a one year low of GBX 36.626 and a one year high of GBX 179.50. The stock has a 50-day moving average of GBX 155. and a 200-day moving average of GBX 147.1. The company’s market cap is £2.505 billion.
A number of other analysts have also recently weighed in on TCG. Analysts at Nomura downgraded shares of Thomas Cook Group to a “reduce” rating in a research note to investors on Friday, December 13th. They now have a GBX 152 ($2.48) price target on the stock, up previously from GBX 136 ($2.22). Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Thomas Cook Group in a research note to investors on Wednesday, December 11th. They now have a GBX 195 ($3.18) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Thomas Cook Group from GBX 200 ($3.26) to GBX 230 ($3.75) in a research note to investors on Thursday, December 5th. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the stock. Thomas Cook Group currently has a consensus rating of “Hold” and an average target price of GBX 163.77 ($2.67).
Thomas Cook Group plc operates under six geographic segments: UK, Central Europe, West & East Europe, Northern Europe, North America and Airlines Germany

I.C.today

EXPECTING GREAT THINGS



Thomas Cook

Recovery wonder-stock Thomas Cook (TCG) is the great expectations screen's runaway favourite. The shares have rocketed over the past year by a giddying 370 per cent, while broker forecasts have also soared. For a travel agent, the shares hardly look cheap on a forward PE basis, given the low quality nature of earnings due to limited bookings visibility and vulnerability to numerous outside factors - from fuel prices to Icelandic volcanic ash clouds, to political uprisings such as the Arab Spring. But package holidays have proven popular with holidaymakers recently and Cook, under the stewardship of recently appointed chief executive Harriet Green, is proving very adept at pushing through cost savings. The company has also successfully refinanced and almost every trading update seems to bring with it further earnings upgrades.

The prospect of the reinstatement of Cook's dividend could provide the shares with further impetus in 2014. And a second wave of cost savings out to 2018 has recently been put in place which, if achieved, would produce what broker Investec describes as "never-been-seen-before (not even close)" margins. Only time will tell whether this proves an overly-ambitious target for a company in such a notoriously unpredictable sector. For now, though, Cook appears firmly in the ascendant.

TCG on verge of a breakout..........

Id say they have already broken out GF :)

Yep Jimmy.......

TCG breakout.......

JP Morgan Cazenove Overweight 170.00 175.40 200.00 230.00 Reiterates

Bought back in yesterday.

ST just reminded that TCG (and TUI) numbers are out this week
i haven't followed TUI, but TCG may be worth a punt as sp has fallen away over the last several weeks, per chart below and is not close on 10% below its peak

however 25/50 dma are close to blending at about 182, and that may prove something of a resistance - always assuming the figures are well received in the first place!

.

Holiday firms TUI travel and Thomas Cook, as usual, issue trading updates in the same week, making comparisons very easy.

UBS expects TUI travel to confirm guidance for the first half of the year (H1) in its trading update, and to maintain its target for 7-10% earnings before interest and tax (EBIT) growth for the full year.

“We expect the EBIT loss for H1 to be slightly smaller than for the same period last year, benefitting from the timing of Easter,” the Swiss bank said. As for Thomas Cook, UBS expects trading to be broadly in line with the interim management statement released on 11th February, with summer bookings developing on a par with expectations.

“We will likely hear more on the progress of the cost saving programme,” UBS suggests.


http://www.proactiveinvestors.co.uk/companies/market_reports/66919/week-ahead-wolseleys-growth-to-be-hampered-by-fx-headwinds-0000.html

By Jamie Nimmo
March 26 2014, 5:45pm
Day Ahead: Thomas Cook hopes to outdo rival TUI


A trading statement from Thomas Cook (LON:TCG) is the highlight of Thursday’s reporting diary as the travel operator looks to better rival TUI Travel (LON:TT.).

Investors will watch closely to see how the company’s journey from the brink of bankruptcy is going.

The group continues to be weighed down by massive debt, but the burden is lessening, with net debt at the end of 2013 down to £1.29bn from £1.56bn at the end of 2012.

Since Harriet Green took over as chief executive in July 2012, the company’s shares have leapt from just 16p to 181p.

On Wednesday, rival TUI travel, which operates the Thomson and First Choice brands, said summer bookings were in line with expectations.

It said the average price for summer getaways were around 2% higher, while most of its winter season slots were snapped up despite the unrest in Egypt and weakness in the Nordic market.

TCG plc Pre-close Statement

has been satisfactory, despite the significant market disruption caused by continued unrest in Egypt, as our businesses have worked successfully together to offer our customers a wider choice of destinations. Customer bookings for the Summer 2014 season have shown an improving trend since we reported our first quarter results with around 50% of holidays already sold, slightly higher than at this stage last year. Compared with last year, margins are expected to improve more than average selling prices, reflecting enhanced yield management and the benefits of our cost out and profit improvement programme, which is delivering ahead of schedule. Finally, having
successfully completed the disposal of our interest in The Airline Group, shareholder in NATS, I am pleased to confirm the delivery of our disposals target eighteen months early.

The continuing transformation of Thomas Cook, including the delivery of our
strategic targets, remains our top priority and I look forward to sharing a
full update at our half year results announcement on 15 May, together with
details of further new product development and the second wave of our profit
improvement plans."

Harriet Green, Group Chief Executive Officer


doesn't sound bad to me!

28 Mar JP Morgan... N/A Overweight
27 Mar Credit Suisse 253.00 Outperform
27 Mar Numis 175.00 Hold
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Very differing opinions ?

Was in and out over the last week ,will be a buyer again if it goes back down.

i hold, but as yet have put none in my pension .... may well remedy that next week

Not sure that a share which is at the mercy of political instability, the weather, currency fluctuations and fickle and unpredictable retail customers would be one for my pension pot. Spices up your retirement though, I suppose! ;o)

you could argue that shares themselves are intrinsically unstable
equally, shares in pension funds can be traded like any other share