http://www.tuitravelplc.com/

TUI Travel is one of the world’s leading leisure travel groups, with over 220 trusted brands in 180 countries and more than 30 million customers.

‘Making travel experiences special’ underpins everything we do and keeps our focus on providing the unrivalled choice, professionalism and confidence our customers and stakeholders can rely on, now and in the future.

Our business is grouped into three sectors, comprising many of the best loved and market-leading travel brands worldwide – Mainstream, Accommodation & Destinations and Specialist & Activity. From the most popular holiday brands to an unparalleled collection of specialist travel providers, we offer the breadth and depth of experiences and expertise for every conceivable type of traveller.

We are a truly global business, employing approximately 55,000 people and operating in 31 key source markets worldwide. As a dynamic, influential company we are committed to responsible leadership in the travel sector. Our head office is in the UK and TUI Travel PLC is listed on the London Stock Exchange as a member of the FTSE 100 and FTSE4Good indices with the ticker code TT.

Panmure Gordon has maintained a 'hold' rating for travel leisure firm TUI Travel, saying that while the first half was strong, shares are fully valued.

The stock is trading at 11.1 times estimated 2013 earnings, in line with the market. Historically, the broker said that tour operator usually trade between a 25% discount and in line with the market and normally underperform over the April to September period.

:-))

A buy in this weeks shares mag - Interim results 10 May, do not be surprised if Tui Travel (TT.) presents vintage summer holiday bookings figures for 2013. After a bleak summer and a positively Baltic winter of discontent that lasted well into April in the UK. A prospective yield of 4.0% on a dividend more than twice covered also catches the eye. A PE of 11 times is not unduly expensive for a stock forecast to grow earnings by 8% this year and 9% next.

Is Now The Time To Buy TUI Travel PLC?
Fool.co.ukBy Rupert Hargreaves | Fool.co.uk – 4 hours ago...



I'm always searching for shares that can help ordinary investors like you make money from the stock market.

So right now I am trawling through the FTSE 100 (FTSE: ^FTSE - news) and giving my verdict on every member of the blue-chip index. Simply put, I'm hoping to pinpoint the very best buying opportunities in today's uncertain market.

Today I am looking at TUI Travel (LSE: TT.L - news) to determine whether you should consider buying the shares at 316p.

I am assessing each company on several ratios:

Price/Earnings (P/E): Does the share look good value when compared against its competitors?

Price Earnings Growth (PEG): Does the share look good value factoring in predicted growth?

Yield: Does the share provide a solid income for investors?

Dividend Cover: Is the dividend sustainable?

So let's look at the numbers:
Stock Price 3-yr EPS growth Projected P/E PEG Yield 3-yr dividend growth Dividend cover

TUI Travel 316p 36% 11.4 1.6 3.7% 6% 2.2

The consensus analyst estimate for this year's earnings per share is 27.6p (7% growth) and dividend per share is 12.6p (8% growth).

Trading on a projected P/E of 11.4, TUI (Xetra: TUAG00 - news) appears cheaper than its peers in the travel and leisure sector, which are currently trading on an average P/E of around 20.

TUI's P/E and high single-digit growth rate give a PEG ratio of around 1.6, which implies the share price is slightly expensive for the near-term earnings growth the firm is expected to produce.

Offering a 3.7% yield, TUI's dividend yield is above the sector average of 2.4%. In addition, TUI has a three-year compounded dividend growth rate of 6%, implying the yield will continue to rise above that of its peers -- albeit slowly.

Indeed, the dividend is more than two times covered by earnings, giving TUI plenty room for further payout growth.

So, is now the time to buy TUI Travel

TUI Travel is one of the world's leading leisure and travel companies, with more than 240 brands covering 180 countries. Indeed, it is this market-leading position and geographical diversification that leads me to believe that TUI is currently undervalued.

You see, while TUI's main peer, Thomas Cook (Xetra: A0MR3W - news) , struggles with falling sales due to the economic environment, TUI's geographical diversification has allowed the company to continue growing, despite falling sales in some of its key markets.

In particular, within the company's most recent trading update, TUI announced that while its sales of winter holidays to French customers had fallen 25%, sales of holidays to customers in the UK and Nordic (SES: E2:MR7.SI - news) regions had offset the entire decline and overall, sales grew by 2%.

Furthermore, TUI reported within the same statement that group sales of summer holidays for 2013 had expanded 7%, with growth underpinned once again by double-digit sales growth to customers in the UK and Nordic regions.

So overall, based on TUI's low relative valuation, continuing growth and solid dividend yield, I believe now looks to be a good time to buy the shares at 316p.

TUI Travel PLC (TT.:LSE) set a new 52-week high during Tuesday's trading session when it reached 338.40. Over this period, the share price is up 84.50%.

Interim Result

10 May 13 TUI Travel PLC [TT.]

Interims should make good reading tomorrow.

Agree d4,


TUI travel (LON:TT.) releases interim results covering the quiet part of the holiday calendar, so no doubt interest will focus on bookings for the summer season.

"The travel/holiday market has got off to a strong start in most core source markets, and in particular in the UK. We expect a continuation of the positive narrative that has accompanied the trading updates so far in 2013 – although, as we move through the summer, the outperformance is likely to moderate," suggests Peel Hunt's Nick Batram.

"The underlying seasonal EBIT [underlying earnings] loss in H1 last year was £317m and, on a like-for-like basis (excluding impact from empty leg accounting), we expect an improvement of c£20m-30m," reveals Batram, who rates the shares a 'hold'.

Interim Results for the six months ended 31 Mar 13

Highlights

- Operating loss reduced by £43m to £274m (excluding the impact of empty leg accounting2 which has no full year impact). Underlying H1 operating loss of £289m (H1 2012: loss of £317m).


- UK & Nordics source markets delivered H1 revenue growth of 5% and 10% respectively. UK underlying operating loss reduced by £22m to £103m2 and Nordics operating profit by £14m to £36m2.
- France operating loss reduced by £11m to £50m2. Our turnaround plans continue to deliver, offsetting difficult trading conditions in the tour operator.


- Business improvement programme progressing to plan with £17m of cost savings delivered.

- Interim dividend increase of 10% to 3.75p (H1 2012: 3.40p).


- Free cash outflow improvement of £233m to £774m. The net debt position excluding asset-backed financing of £369m (H1 2012: £205m) at 31 March 2013 was £680m (31 March 2012: £979m).




http://www.moneyam.com/action/news/showArticle?id=4592108

Duplicate

TUI Travel: Numis ups target price from 350p to 375p and reiterates an add rating. Panmure Gordon moves target price from 303p to 315p, while its hold recommendation is reiterated.

TUI Travel tips profits to take off
By Jamie Nimmo May 10 2013, 8:51am The second half of the year normally sees travel companies make a profitThe second half of the year normally sees travel companies make a profit

Tour operating giant TUI Travel (LON:TT.) has boasted that it will boost full-year underlying operating profits by 10%.

The owner of the Thomson and First Choice holiday brands cut pre-tax losses in the first half of the year to £346mln from £367mln in what is typically the loss-making season for travel companies. The second half of the year normally sees them benefit from the lucrative summer holiday period.

Summer sales at its British and Nordic business rose 13% and 14% respectively, with 58% of its overall summer programme already sold to holidaymakers.

The company lifted the interim dividend by 10% to 3.75p.

TUI’s chief executive Peter Long said: “Our strategy of focusing on unique holidays and putting our customers at the heart of our business continues to deliver strong growth.

“With our market leading brands and scale we have the ability to give our customers great holiday experiences, at terrific value, in a segment of the market that is increasing in popularity.”

He added: “Given current trading and the visibility we have within our businesses we anticipate full year underlying operating profit growth of at least 10% on a constant currency basis.”

Shares rose 1.6% to 346p each.

Invest in high-flying air travel

PROFESSIONAL investors are tipping the air travel industry to deliver strong returns in the coming decades, fuelled by huge rises in demand from emerging markets.

Global passenger traffic grew 5.9% in the 12 months to the end of March, with long-haul travel increasing even more than domestic, according to the International Air Transport Association (Iata). Emerging markets led the way, with flights from the Middle East, Latin America and Africa up by 15.6%, 11.8% and 8.2% respectively.

Iata expects air travel growth to continue at 5% on average for the next 20 years.

Sunday Times





























Invest in high-flying air travel


Airline industry firms are tipped to take off as passenger numbers soar


Anna Mikhailova Published: 12 May 2013

Comment (0)
Print

Shares in International Airlines Group rose by 53% in a year (Izabela Habur)

PROFESSIONAL investors are tipping the air travel industry to deliver strong returns in the coming decades, fuelled by huge rises in demand from emerging markets.

Global passenger traffic grew 5.9% in the 12 months to the end of March, with long-haul travel increasing even more than domestic, according to the International Air Transport Association (Iata). Emerging markets led the way, with flights from the Middle East, Latin America and Africa up by 15.6%, 11.8% and 8.2% respectively.

Iata expects air travel growth to continue at 5% on average for the next 20 years.

difficult to determine whether TT or TCG is a better investment at current levels .... both have their appeal, but while TCG has outperformed TT astronomically, TCG was of course starting from a very low base

indeed, the 5-year chart below (TT is blue; TCG is red) would imply TCG still has greater near-term upside, but input from others would be useful

Thanks for your input Cynic.
TUI Travel: UBS moves target price from 325p to 375p and maintains a buy recommendation.

JP Morgan Cazenove Neutral 350.50 350.50 350.00 360.00 Downgrades

Jefferies International Hold 350.50 350.50 300.00 315.00 Reiterates

Director sell;

14 May TUI Travel PLC TT. Peter Long 1,135,428 @ 350.50p £3,979,675.14

TUI Travel PLC (TT.:LSE) set a new 52-week high during today's trading session when it reached 356.80. Over this period, the share price is up 101.70%.

In IC this week - Bullish Tui cranks up forecasts.

Tui makes a great play of its focus on customer satisfaction, but it has made investors pretty happy too. The tour operator cut losses more than expected during the traditionally weaker first half and, with the summer shaping up nicely management forecasts growth in annual under lying operating profit of at least 10%,
on a constant currency basis. A rush of late winter bookings, cost cutting and an early easter slashed half year losses from £317m to £289m - way ahead on consensus forecasts. Strip out the cost of returning empty planes at the end of the season and that drops to £274m. Profit margins and prices improved sharply, too, driven by UK and Nordic region. Analysts at Barclay's expect full year adjusted pre-tax profit of £434m, giving adjusted EPS of 29p ( from £390m and 26p in 2012)

The leisure industry was well represented on the leaderboard today, helped by the upbeat CBI service sector survey, with holiday operator TUI Travel gaining 11.55p at 370.05p .