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My Travel (MT.)     

javidshaik - 05 Sep 2003 10:22

Could I get some opinions from here please?
I am looking at My travel and was wondering if you guys think it is still going to fall or is it worth investing in? I have been told it is definitley worth splashing out some cash on this but feedback would be useful.

stockbunny - 05 Sep 2003 16:15 - 2 of 10

I've been eyeing this one too - read recently they were in negotiations with their bankers but heard/read little since than. Maybe someone else might put across their ideas on it, my gut reaction is to hold fire for a bit longer.

javidshaik - 08 Sep 2003 09:18 - 3 of 10

My Travel is looking good this morning!

stockbunny - 09 Sep 2003 15:27 - 4 of 10

Still working on gut reaction here of wait a while...

stockbunny - 09 Sep 2003 16:10 - 5 of 10

Had a wander around the company corporate website and reading through there is a lot of debt hanging around, refinancing arrangements are in place it seems and they are waiting for the bond holders to approve a plan BUT the scant detail about the terms of that plan look expensive to me. Gut instinct growing stronger to give it a wide berth...Stockbunny

jfletendre - 09 Sep 2003 17:12 - 6 of 10

Last week's "Shares" magazine tipped MT as one to dump - had a rally yesterday but ultimately price set to go south (according to magazine)......

washlander - 03 Oct 2003 14:27 - 7 of 10

Despite refinancing their debt and doing all the right things, they seem to have a hell of a lot of debt.

washlander - 08 Oct 2003 09:10 - 8 of 10

My travel seems to be heading south.

loser - 08 Oct 2003 11:24 - 9 of 10

they must stop somewhere, i have been looking for a chance to buy, a lot of purchases by VW and TO, are they valued warrants and traded options? if so, looks like they might go up soon if people are closing their positions

DonMega - 13 Oct 2003 20:37 - 10 of 10

Anyone got any ideas on that 5 million block trade at the end of today? (October 13, 2003 )

Disaster pending???

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