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

Harry - yes, I've put another limit order in also - having PC problems this morning, which is very untimely! Also BWTFDIK :-)

I've closed here for now.

In auction.

Never a dull moment with this share. Good trading skinny. I'm just sitting here on a nice profit, maybe I should have top sliced and banked some and maybe I will buy more on the dip. Decisions,decisions. - Thick frost here this morning, I keep putting water out for my feathered friends and it keeps freezing up.

Just gone long here again @35.84 - small only.

Impeccable timing again skinny :-)

In hindsight - yes! :-)

Hopefully the gap to 40p will stay filled this time!

It would be nice if it just ticked up quietly this time around instead of launching the rocket boosters before people have got their seatbelts fastened.

That's more like it, volumes traded still quite mad but at least the SP calmed down a bit today.

Well done doodlebug, and well done even more if you have not sold a share. Braver than me.

Thank you dreamcatcher, I bought into this at the end of October and topped up once on a dip. It's difficult to hang on to your positive convictions about a share sometimes when the shorters get their gang together on various bulletin boards. I analyse fundamentals and charts, etc. etc. but sometimes I just go purely on gut feeling. So far, so good with this - I still wouldn't stake the farm on TCG, but it's going in the right direction.

Gut feeling works best, you will know when to sell. Well done and good luck. :-))

for all that DB, depending on your investment mentality, sp does look to have gone too far too fast, so either a stop-loss or an outright sale of at least some with a view to perhaps buying back later would scarcely be imprudent

Thomas Cook outperforms Thomson online

Thomas Cook outperformed rival Thomson on search engine Google in November, during which there were 2.9 million searches for holidays online.


Thomascook.com reached 63% of these users in natural search, ranking highest for 85 keywords, including "late deal holidays". Thomson.co.uk reached 58%.


However, the latest Greenlight Sector Report shows that Travelsupermarket.com outperformed both holiday giants, reaching 64% of the market and ranking highest for 70 keywords, including "cheap all inclusive holidays".


The most searched for term was "holidays", which was used 550,000 times on Google in November. The next was "cheap holidays" - 450,000 times - and "last minute holidays" - 246,000 times.


Other popular terms were "direct holidays" and "all inclusive holidays".


Only 33,100 used the term "package holidays" in November when looking for deals on Google. The same number - just 1% of the market - typed in "ski holidays".


For generic holiday keywords, including "cheap holidays" Thomas Cook came out top, reaching 71% of users. Thomson came fourth with 62% and First Choice fifth with 59%.


For searches for long-haul destinations, of which there were 592,000 in November, Travelsupermarket.com came out top, reaching 53% of the audience, Kuoni came second with a 46% share and Virgin Holidays was third with 45%.


The most popular destinations were New York, Dubai and Egypt, closely followed by Las Vegas, Thailand, Cuba and Mexico.


There were 415,000 searches for short-haul destinations, the most popular being Turkey, followed by Cyprus and then Malta. Lanzarote and Mediterranean destinations attracted only half as many as Malta.


Thomascook.com came out top for short-haul destinations, reaching 71% of the audience, followed by Thomson.co.uk with 70%.


Thursday, December 13, 2012

Gap very much closed and 40p passed.

Your point is?

Just playing with the chart using photo bucket - I thought I'd uploaded one with a ring around the earlier gap - obvioulsy not!

Ah, gotcha.
Historically there is a reason why TCG fell to the level it did, so even though there are gaps on the chart, do chartists assume that fundamentals are not relevant and just trade the chart? Until the balance sheet proves that they have turned around the business, there is a risk that the valuation is getting too high.