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

All the Above from TC company site.

Harry - I said early next year - I think its February - I'll try and (re) find the source.

On edit :- over lapped with DC's post above.

Thanks. So presumably we are expecting an Interim Management statement within the next 5-6 weeks. Lets hope they are making good profit from their holiday packages. Sometimes the "stack 'em high, sell 'em cheap" approach doesn't work, but the new management hopefully know what they are doing.

I read yesterday they are in a price war with Tui .

cheap holidays in Egypt this coming year!

Any thing else going cheap halifax, been there. :-))

Syria?

I am well used to blokes on our Nile cruise boat with machine guns. Thanks skin i will take a look. :-))

Natalie Thomas
Leisure Correspondent
Thomas Cook 47p

Not even Harriet Green, the upbeat new chief executive of Thomas Cook, could deny that 2012 was an annus horribilis for the 171-year-old tour operator.

The past 12 months have seen the company slump to a £485.3m loss, lay off 1,250 staff, agree a £1.4bn financing package on pretty punishing terms and part with a number of assets.

While 2013 is unlikely to be an “annus mirabilis”, there is recognition that the tour operator is now over the worst and some parts of the City believe Thomas Cook represents a buying opportunity.

Green has identified £100m of costs that can be stripped out and more savings are expected early next year, potentially in the form of job cuts, shop closures and a further downsizing of the aircraft fleet.

Debt, at £788m, is too high and it is expected Thomas Cook will have to raise £300m to £400m to ease its balance sheet.

However, even after an equity-raising, analysts believe the shares, which have added 31p over the past 12 months, have potential. Credit Suisse estimates that post a £300m rights issue, Thomas Cook would trade on a multiple of 4.9 times.

http://www.telegraph.co.uk/finance/personalfinance/investing/9771195/Top-ten-share-tips-for-2013.html?frame=2214176

MARKET REPORT: Sun is shining for travel firm Thomas Cook



http://www.dailymail.co.uk/money/markets/article-2255441/MARKET-REPORT-Sun-shining-travel-firm-Thomas-Cook.html

Ten bob a share.

The Independent - After a tip-top year, here's our 10 for 2013
Tue Jan 1

http://sharecrazy.com/beta/newsflow

GF, wrong link, you need this one After a tip-top year, here's our 10 for 2013

Ok cheers skinny.

Invesco 17% -> 16% (yesterday).

Nice. Added some more for tomorrows move up.

why tomorrow's? ..... do their figures come out then?

You're so funny Cynic, or rather you fancy you are. I regard you as an odious cock- end.

TCG Thomas Cook....

UPGRADE...

03 Jan Thomas Cook Group... TCG Alphavalue Buy 50.13 51.00 46.70 61.60 Upgrades

SP TARGET 61.6p

any idea when their figures are due?