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

StockMarketWire.com
Thomas Cook Group said it had made a good start to the financial year despite challenging trading conditions. It conditionally maintained its previous guidance for FY performance.

The company's Q1 loss from underlying operations was GBP49m, against a loss of GBP53m a year earlier, while its pretax loss was GBP116m, from a loss of GBP115m.

"Looking across the Group, our Northern European business continued to see strong customer demand over the three months, while the turnaround in our UK business delivered further improved results," said CEO Peter Fankhauser in a statement.

"Elsewhere, our businesses in Germany continued to face tough trading conditions in a very competitive market. Overall, trading for Winter 2015/16 is robust, and we have been able to maintain good margins across almost all of our source markets, helped by a strong online performance.

"It is clear that the awful attacks in Paris and Istanbul impacted confidence, leading some customers to delay booking their holidays.

"However we've seen clear signs of recovery in recent weeks: customers still have money in their pockets, and want to go on holiday. In this uncertain geopolitical environment, we are also seeing more of our customers choose a package holiday, valuing the greater security it provides.

"We have the scale and flexibility to give customers a wide choice of destinations, in both the Western and Eastern Mediterranean, the Caribbean and other long haul destinations, and our experienced high street and call centre staff are on hand to offer customers the best advice.

"We will continue to focus on delivering our strategy - strengthening our own-brand hotels and flights offering, and investing to ensure that customers who choose Thomas Cook get consistently excellent customer service.

"Thomas Cook is now a significantly stronger and more resilient business, and we are well positioned in a challenging market. We are maintaining our previous guidance for the 2016 financial year, provided that the recent recovery we have seen in customer confidence is sustained."

StockMarketWire.com
Thomas Cook Group said it remains well positioned in this challenging market, with the scale and flexibility to offer customers a wide choice of destinations.

"We therefore maintain our previous guidance for the full year, but as highlighted at our last update, this is dependent on seeing a sustained recovery in customer confidence as we progress through the Summer season," the company said in a statement.

"Bookings continue to be disrupted by a volatile geopolitical backdrop, as some customers postpone their holiday decisions, leading to a later booking pattern for the Summer season.

"However, we believe that underlying demand for our holidays remains strong, as we continue to deliver better holiday experiences, and as consumers benefit from low fuel prices, low interest rates and low inflation."

Not great and todays news in Brussels won't boost confidence.

Stay well away from travel stocks unless you fancy a short .

Berenberg today upgrades its investment rating on Thomas Cook Group PLC (LON:TCG) to hold (from sell) and raised its price target to 105p (from 100p).

@ 94.90 +2.10

Should be one to benefit from the low oil prices today, though short term maybe there is not much upside as is at the moment on the middle of the Indicators, just now the order book is very weak DEPTH of 51 v 91 also at as is moving lower from the marked up to 97p at the start of the day

KEEP an EYE
@ 74p ( 73.90 / 74.10p )

Price drop overdone today with results, plane disappearing and small drop on EBITA for the year

Buy, buy, Buy,


or,

Watch, Watch, Watch?


I think I will watch.

"Thomas Cook Group has narrowed its H1 pretax loss to GBP208m, from a loss of GBP303m, commenting that it had made significant progress in the last six months. Revenue slipped to GBP2.67bn, from GBP2.74bn."


-=-=-=

Settle the ME down and it becomes interesting.

--=

Are Thomas Cook Group a stock you need to own? - By The Motley Fool May 19, 2016

Shares in travel company Thomas Cook(LSE: TCG) have fallen by around 19% today after it warned on the outlook for its full-year results. Although the company was able to record a smaller pre-tax loss in the first six months of the current financial year versus the previous year, lower demand for trips to Turkey and Belgium due to terrorism fears have caused it to become more cautious regarding its performance for the remainder of the year.

Despite this, Thomas Cook is making encouraging progress elsewhere. Bookings to destinations excluding Turkey have risen by 6% versus the previous year, which has helped the company to increase like-for-like (LFL) sales by 0.3% as it anticipated a shift in demand away from Turkey, Tunisia and Egypt. And with gross margins improving by 10 basis points, Thomas Cook appears to have a sound strategy for the long term.

With Thomas Cook trading on a price-to-earnings (P/E) ratio of just 6.8, it seems to offer a wide margin of safety. As such, buying now could be a sound move, although its shares are likely to be volatile as the outlook for the wider airline industry remains highly uncertain.

directors purchases today

FRANK MEYSMAN buys 35,000 shares at 72.25p
MICHAEL HEALY buys 28,258 shares at 81.70p

Opening lower, despite the market well up

A change on the order book on being very strong on the bid side once it reached twice 70p on what it looks support

Citigroup Sell 71.05 85.00 62.00 Reiterates

JP Morgan Cazenove Neutral 71.05 100.00 90.00 Reiterates

Looks like the bounce is happening and at one time she went over 75p

Getting hammered due to the Brexit vote and also due to another terrorist bombing in Turkey today.

travel company stocks are all one-way traffic for now, as are airlines

World wide terrorism is killing this.

Held up well considering.

StockMarketWire.com
Thomas Cook Group's Q3 pretax loss has widened to £64m, from £44m, on revenue of £1.85bn, from £1.95bn.

"Trading patterns have remained broadly unchanged since the last update. Demand for Turkey has continued to suffer from geopolitical disruption and, as a result, we have further reduced capacity to Turkey and redeployed this mainly into the Western Mediterranean," the company said.

"In addition, Airlines Germany is being impacted by further pricing pressure caused by intense competition and weak demand, leading to lower yields in the short and medium haul market.

"As a result, based on recent trading, and recognising a degree of uncertainty given the current disruptive market conditions, we now expect full year underlying operating profit to be around £300 million.

"This includes the benefit of foreign exchange translation, which we now estimate to be £32 million (up from £20 million when we last reported in May).

"Despite the near-term challenges, we remain confident that the actions we are taking to better position the business for the longer term - including improving the quality of our holiday offering, investing in our online proposition, and targeting efficiencies - will lead to further profitable growth."

69.85p +3.60 (+5.43%)

Just short of 70p the highest price during the last 2 month

There was a steady rise for the last few days, culminating on today's higher rise

Full Year Results 2016

Performance in line with Q3 expectations
· Revenue maintained: Turkey impact offset by shift to alternative destinations and currency translation
· Gross margin of 23.4%, up 80 basis points, reflecting focus on our improved holiday offering
· Underlying EBIT of £308 million
· Record underlying EBIT margins in UK and Northern Europe; difficult year for Condor
· Profit after tax of £9 million
· Recommended dividend of 0.5 pence per share

Focus on quality and service delivered record customer satisfaction
· Group Net Promoter Score ('NPS') up 6 points overall in Summer 2016
· Increased focus on own brand hotels resonating: NPS up 7 points in Summer 2016
· Increasing direct contact with customers: controlled distribution up 1% pt, web share up 3 % pts

Transforming the business for sustainable growth through our New Operating Model
· Building on success of own brand hotels: 14 new hotels in pipeline so far
· Strengthening our holiday offering by streamlining portfolio of selected high-quality partner hotels
· Growing sales of personalised services for customers: sales of ancillaries up 9%
· Improving efficiency of our complementary offering through Webjet hotel sourcing partnership
· New Operating Model delivering financial benefits as planned; EBIT targets increased to FY19