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

silly me no doubt, but why do think there will be any divi at all?

1. When was the last dividend paid?
The interim Dividend for the six months ended 31 March 2011 was paid on 7 October 2011. The board will not declare any further dividend payments whilst the group re-builds its balance sheet.

Cynic, no divi's until the company rebuilds or profits are there to pay one. :-))

Found them a very good holiday company to go away with, perhaps not so good to invest in. Good to see a very old company surviving.

exactly my point DC re divi!! ..... i am quite but not frightfully tempted to have a little dabble

I have been interested in this company but never invested. Ride the wave cynic, I would like it to go up more than down.

I would think your looking at way in to the future at a divi here ,however may be a good recovery play .

I think this is a buy now

A strong rise in Thomas Cook shares piqued dealers’ interest. Analysts were taken bowling by the new chief executive, Harriet Green, and the chief financial officer on Tuesday evening and some in the market put the gains down to positive word of mouth following the informal get-together. The group scored a strike today, rising 1¾ - almost 10pc - to 19½p.

New director at Thomas Cook Group

StockMarketWire.com

Thomas Cook Group has announced that Emre Berkin will join the Board as a non-executive director from the start of next month.

A Turkish national, he has held a number of senior positions at Microsoft between 1993 and 2006, latterly as Chairman, Middle East & Africa and Vice-President, Europe, Middle East & Africa, where he led all aspects of Microsoft's business in 79 countries including emerging markets.

Since 2006 Mr Berkin has acted as a non-executive director to a number of companies, including Pegasus Airlines, Turkey's leading low cost carrier, and a broad range of technology companies including Alcatel Lucent Teletas Telekomunikasyon, which is listed on the Istanbul Stock Exchange.

up 6.5% today, good to see the sp move from 10p this time last year to 24.5p.

Just bought in on the drop. I like the appointment of Emre Berkin - Turkey is becoming an increasingly popular holiday destination, well worth a visit! The chart is also saying "buy".

http://www.barchart.com/opinions/stocks/TCG.LS

Big buy gone through at 16.30 = 3,300,000 at 23.2804 - suggests that the mm's were manipulating the drop today to fill a big order.

Shorters on various bulletin boards trying to talk this down again. I have a feeling in my water that they are going to get their cheeky bits burnt soon :-) MM's could be manipulating the price again today to fill another big buy order.imo

Chart looking interesting after the recent dip - on the way up again.

Trading bounce, imo. Watching but think there is still a little more down side to come.

HARRY, you could be right, but this is a long haul flight for me so I'm happy to wait. I think the Board shake-up was just what was needed here. Harriet Green has an impressive CV.

From The Independent;

It has flogged stakes in its Indian business, Spanish and Belgium hotels and some of its aircraft fleet. But analysts reckon its insurance business could be next on the block for leisure group Thomas Cook. A note from Exane BNP Paribas said the holiday group still owns some valuable assets, and highlighted its insurance division, White Horse, and its 6 per cent stake in Nats, the air traffic control service, as likely sale fodder. Exane thinks the assets could raise another £160m.


Exane upgraded the stock from underperform to neutral, with an increase in the target price to 25p from 15p. Analysts think its restructuring "is well on track", and the newly appointed management are due to "unveil further costs reduction and a long-term strategy on 28 November".

The note helped its shares to book gains of 1.75p to 21.25p. Exane did warn that the "mass-market tour operating industry remains fundamentally unattractive", and said the stock remains a risky call, but thinks the "risk/reward has become more attractive and some of our concerns are dissipating".

Exane's analysts are the latest to see a ray of sunlight from the tour operator. Last month Nomura upgraded its share price target.

Friday 02nd November 2012
Thomas Cook named as UK's favourite holiday company


Holidaymakers have given a huge vote of confidence to ailing tour operator Thomas Cook which was named last night as the public's favourite travel company in four separate categories.


The cash-strapped operator, which is going through a tumultuous restructure, was named Best All Inclusive Tour Operator, Best Weddings & Honeymoons Tour Operator (Thomas Cook Signature), Best Ski & Winter Sport Tour Operator (Thomas Cook Sport) and Best Tour Operator to East & Central Asia (Thomas Cook Signature).


First Choice picked up three awards, as did Virgin Holidays.


The British Travel Awards, the only industry accolades voted for by members of the public, were presented at a glitzy ceremony hosted by actor and comedian Hugh Dennis in London, attended by more than 1,000 guests from the travel industry.

http://www.travelweekly.co.uk/Articles/2012/11/06/42172/city+insider+signs+of+hope+for+2013+trading.html

Large early buy gone through at 22p. Final results in just over two weeks.

http://www.thisismoney.co.uk/money/investing/article-2231744/Five-hot-stocks-boost-portfolio-winter.html