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

Morgan Stanley upgrades to 50p

07 Dec Thomas Cook Group... TCG Morgan Stanley Overweight 34.50 32.00 16.00 50.00 Upgrades

STOCKS NEWS EUROPE
Reuters - UK Focus – 4 hours ago.. .

Thomas Cook rallies 10.9 percent after Morgan Stanley (Dusseldorf: 653571.DU - news) upgrades the stock to "overweight" from "equalweight" and raises the prospect of a cash return to shareholders.

"The new management team's efficiency drive will be large enough to drive a meaningful uplift in profits and investor confidence, thus facilitating the necessary equity raising. We see 300 million pounds EBIT as possible, but think targets in Q1 could exceed this," Morgan Stanley says in a note.

Well done doodlebug :-))

Thank you dreamcatcher, much appreciated:-)

Daily Mail


MARKET REPORT: Booking success at Thomas Cook

By Geoff Foster

PUBLISHED:22:00, 7 December 2012| UPDATED:22:00, 7 December 2012

It will happen again this year. On Boxing Day after you’ve just scoffed another plate of cold turkey and pickle and made short work of a bottle of Sancerre or Fleurie, you will switch on the TV and advertisements will persistently sing the praises of a holiday in the Mediterranean or Barbados.


After spending an arm and a leg on Christmas, the last thing you really want to think about is forking out £2,000-plus on a holiday in July or August. Or do you?


The UK is currently shivering as Siberian-type winds cut across the country and according to forecasts, Britain faces its worst winter for 20 years. If so, Joe and June Public will be rushing to book a holiday in the sun before 2013 is a matter of weeks old.


Thomas Cook, the 171 year-old travel firm, hopes so. It nearly went bust in 2011 after families cut back on holidays. It secured its future in May of this year when a £1.4bn debt refinancing deal extended its financing by two years to May 2015.


Its shares have soared 60 per cent over the past fortnight and closed yesterday a further 4p up at a 52-week peak of 36p. Directors last month waded in for almost 1m shares around the 23.5p level and that bolstered confidence and suggested that a strong recovery was on the way.


Chief executive Harriet Green, who joined in July, bought 500,000 shares at 23p. She recently reported a strong finish to the fourth quarter and said: ‘Thomas Cook is viable and working. It has turned the corner.’


Morgan Stanley yesterday upgraded to overweight from equalweight.

Countdown to Christmas

Thomas Cook (LSE:TCG)

Today : Monday 10 December 2012

LONDON, December 10, 2012 /PRNewswire/ --
•With local prices set to soar during the festive season, record numbers of Brits plan to travel abroad this Christmas.
•Over 4 million Brits travel overseas for celebrations
•With last minute cheap holidays, families across the country are opting for warmer weather and better prices.

The Association of British Travel has estimated a massive 4.25 million Brits will travel abroad this holiday season*. More and more families are swapping Christmas presents for cheap holidays, as they secure cheaper prices and sunnier conditions abroad.

With the countdown to Christmas well and truly under way, the travel experts at Thomas Cook share some of the most popular holiday destinations for the Christmas and New Year period.

USA

In terms of USA holidays Florida always proves a popular choice during the festive season. One of the country's most popular states, the winter months are the perfect time to see the Florida sights with ideal weather and fewer crowds.

With temperatures averaging in the low 20s, December is the ideal month to enjoy water sports, hiking and animal sighting - all activities that this state is famous for. Florida is also home to some of the country's best amusement parks and travelling during the winter months guarantees lower prices and shorter queues.

See the Med for less

With prices set to soar during the Christmas period in the UK, many Brits are expected to treat themselves to a Mediterranean holiday instead of staying put. With many resorts and holiday regions offering discounted rates on package holidays, Mediterranean getaways are proving a popular alternative to ordinary gifts.

An all-inclusive Cyprus holiday or a getaway to sunny Bodrum are hassle free gifts for young couples, older travellers and families alike with plenty of winter sun breaks offering rock bottom prices if you bring the kids.

Christmas on the high seas

If there's one holiday worth getting excited about it's a getaway on a cruise ship. Everyone dreams about a Christmas where all the work is done for you - and that's exactly what passengers get onboard a Christmas cruise.

Not only do guests get to experience turkey and all the trimmings, they do so without ever stepping foot near a kitchen.

So, instead of preparing to unwrap the same boring Christmas present this year, plenty of couples and families are expected to be counting down to a cruise adventure or other winter holiday courtesy of leading travel operators such as Thomas Cook.


SOURCE Thomas Cook

Copyright 2012 PR Newswire

Looking to fill the gap.

Just closed some @39.4 - RSI almost off the chart.

I'm waiting for the RSI to go right off the chart Skinny! Every time it starts to retrace the buyers come back. It's always nice to bank the profits 'tho.

I'm mainly long from 24.06 but got filled this morning on a limit order @35.84 (closed as above).

amazing ...... marginally cross with myself that i lost patience with this one many months ago, even though i did not think it would go belly up

Hmmm 40p on the bid - resistance is futile!

cynic, I've given up over the last few years trying to figure out a lot of stuff that goes on in the markets! I've done exactly the same - lost patience with a share and then suddenly it's gone skywards. I think the turning point for the market sentiment here was when Harriet Green and her new Board members spent a considerable amount of money buying the shares and investing in the company. That threw a big spanner in the works as far as a lot of shorters were concerned.

LOL skinny - and cor blimey. I'll come back to have another look at that later!

I know the 5th is a lifetime ago, but there was 9.49% on loan at that time.

implication is panic closing then, so short NOW (not me, honest guv!)

Unbelievable strength today. To close the remainder or not.

Well done you guys. I would say 'close', so the opposite will probably happen.

I'm going to hold Harry - so its bound to tank tomorrow.

Presumably using a trailing stop?