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

Punt long @ 130.72 initial target 160p tight stop 119.0

Q3 2015 results 30/07.

looks like she wants to bounce back after the recent fall
Indicators ready for that and MACD gone bullish on moving over "0"

Thomas Cook strengthens China ties with Club Med partnership

Greek and Tunisia crises set to hit Thomas Cook

Results on Thursday.

July 27: Citigroup: Neutral - TP: 150p

Thomas Cook Group narrows Q3 pretax loss

StockMarketWire.com

Thomas Cook Group has narrowed its Q3 pretax loss to £44m, from a loss of £81m. Revenue was £1.95bn, from £2.22bn. Overall, the group said it performed in line with management's expectations for the quarter.

"Despite the weaker bookings position highlighted at our interim results, our UK, Continental Europe and Northern Europe businesses have all delivered increased EBIT, while Airlines Germany is slightly behind last year's strong comparator," it said in a statement.

"However, our fourth quarter bookings have been disrupted by events in Tunisia and Greece, which we expect will reduce Group EBIT for the full year by approximately £25 million, compared with our previous expectations.

"In addition, based on current rates, we expect foreign exchange translation to reduce full year Group EBIT by approximately £39 million, up from the £25 million we announced at our interim results due to further depreciation of the Euro and Swedish Krona against the Pound. On a constant currency basis, we nevertheless remain confident that Thomas Cook will achieve growth in FY15."

Highlights:

· Twelfth consecutive quarter of improved profitability

· Operating profit increased by £53 million for the quarter

· Net debt reduced by £111 million to £392 million

· Good progress in developing joint initiatives with our strategic partner, Fosun

· Summer holiday bookings to most destinations are in line with expectations

· However, the recent tragic events in Tunisia, and concerns regarding Greece's potential exit from the Euro, are expected to impact FY15 EBIT by approximately £25 million

· The foreign exchange translation impact on FY15 EBIT is expected to be £39 million (up from £25 million at our interim results), following further depreciation of the Euro and Swedish Krona against the Pound

· Despite these impacts, we continue to expect growth in FY15 on a constant currency basis

July 30: Numis: Hold - TP: 130p

July 31:
Nomura: Neutral - TP: 123p
Barclays: Equalweight - TP: 122p

International Buy 118.50 118.50 165.00 145.00 Reiterates

Berenberg Sell 118.50 118.50 130.00 100.00 Downgrades

Aug 5:
Goldman Sachs: Sell - TP: 100p
Jefferies: Buy - TP:. 145.00

What a surprise that TCG's house broker Jeffries is unrealistically bullish. Surely no one believes what a house broker has to say. Whenever did a house broker say SELL?

Aug 10: Citigroup reiterates: Neutral - TP: 115p (down from 150p on 27 July).

Daily Mail:
"Thomas Cook could get swept up in a wave of mergers in the travel industry, according to City chatter.
Rumours abounded that Chinese conglomerate Fosun International, which bought a 5 per cent stake in Thomas Cook for £92m in March, could buy the rest of the British tour operator.
In June, Cook formed a Chinese joint venture with Fosun, which is backed by billionaire Guo Guangchang, dubbed ‘China’s Warren Buffett’.

that would be very nice for my sipp .... don't hold in trading a/c any more

Watch Thomas Cook share price move north. All the chart indicators are showing it is in an uptrend and volume has started picking up. Keep an eye on the volume data going forward.

Chinese companies investment strategy is to first buy a small % in the company and then at the right time buy the whole company.

Yeah Yeah,
but short term maybe after all needs to go down from the 119.50p at the moment

Indicators are showing well overbought

down to 110p would be a 50% retracement, just about right to climb again.

I have a buy order waiting to be filled on the spreads @ 123p if filled initial target 140p looks like solid support @ 100p

Hope it doesn't get filled today though.

mentor, I would not say this share is overbought. It will go up and correctly the first target is 140 on high volume.

StockMarketWire.com
Thomas Cook Group said with its Summer 2015 holiday programme now almost fully sold, trading has progressed well overall. It noted all markets were performing in line with its expectations, while Northern Europe has enjoyed particularly strong trading in the second half of the year.

"Our underlying business has continued to develop in line with our expectations, despite the impact of disruption in certain destinations and significant foreign exchange headwinds, as previously announced," the company said in a statement.

"Demand for our differentiated holidays has accelerated in Northern Europe during the course of the year and has continued to grow in the UK, while conditions in Continental Europe have remained challenging.

"Our airlines have experienced strong demand as our strategy of investing in the customer experience, expanding our route network and growing our seat only business is paying off. Accordingly, we expect our financial results for the current financial year to be in line with our expectations at the time of our third quarter announcement in July."

CEO Peter Fankhauser commented:
"Our trading performance for the Summer season has progressed well, despite the impact of external shocks in certain destination markets, as previously announced. With more than a third of the Winter 2015/16 season sold, the bookings profile for next year is also encouraging.

"Over the last three years we have made excellent progress transforming our business. We have developed a strong core holiday proposition based around our own-brand hotels, reduced our cost base, and strengthened our capital structure.

"The next phase of transformation will aim to better integrate our businesses across geographies, with a higher quality and more focused holiday offering delivered through our New Operating Model.

"With the benefit of our strong brands and through our absolute focus on customer needs, I am confident that this strategy will lead to an even better holiday experience for our customers, further improving our growth and profitability, and increasing returns to shareholders."

Highlights
· Winter 2015/16 trading has started positively, with improved bookings in all major source markets

· Demand has continued to grow for our differentiated holidays, particularly to our own-brand hotels

· Guidance for the full year remains consistent with our expectations at the time of our third quarter results in July

· Our focus is on moving the Group into the next phase of transformation in order to generate growth, through an improved customer experience and more efficient and better integrated operations

Getting closer to the next retracement point, last time it went down to 112.50p, not the 110p.
This time with this negative Egypt tourist business shares could drop to 105p or event to 100p low lately reached last August.

curious that EZJ has had a strong day, though they too fly into sharm