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

I take it all back Tom Winnifrith.:-)

Cyners its correct, but from my past days in brokers they were known as a bucket shop.

Come on TCG higher, higher.

Good find from a poster on another site - thank you kMann.

http://www.informationweek.co.uk/software/application-optimization/how-uk-travel-company-ensured-happy-holi/240148617

Doodles made it live, cheers.

http://www.informationweek.co.uk/software/application-optimization/how-uk-travel-company-ensured-happy-holi/240148617

How can brokers be so opposite other than a mis-print


15 Feb Thomas Cook Group... TCG Morgan Stanley Overweight 90.25 91.50 100.00 100.00 Reiterates

15 Feb Thomas Cook Group... TCG Barclays Capital Underweight 90.25 91.50 8.00 8.00 Reiterates

because it's an educated assessment by different people - simples!

.

Thomas Cook considering sale of Neilson ski business

Sun, 17 Feb 2013

By Chris St Cartmail



Travel company Thomas Cook is considering the sale of its Neilson specialist ski business, according to a report in the Sunday Times.

The Neilson arm mainly organises ski holidays, but also offers summer lakeside, mountain and sailing trips.

Shortly after taking over as CEO of Thomas Cook in July 2012, Harriet Green revealed her plans for a shake-up of the travel company. By the end of December, Thomas Cook had reduced its net to £1,559m, down by £86m year on year. It has achieved this largely by improving gross margins and reducing overhead costs.

The market responded with the share price rocketing from £16.50 on her first day at the office to £90.25 today, representing a current valuation of around £800m.

Over the past few months Green has carried out a strategic review of every part of the business, with particular focus on some of the specialist units. As well as Neilson this includes the Gold Medal brand, run through travel operators, and its sub-brand Netflights.com, which sells direct to consumers.

Shedding these specialist units is thought to be a relatively easy task, but most importantly it will both accelerate the debt reduction process and achieve overall brand objectives. In the last interim statement issued on 7th February, Green gave away her thoughts behind the current strategy of the travel business: “As we continue to strengthen Thomas Cook and determine our profitable growth strategy for the future, the power of our brand remains key to the transformation”.

Concerns that Thomas Cook may be missing out on the valuable middle class skiing niche are mitigated by the fact that there is quite probably more money in winter sun holidays. Searches on the Thomas Cook website for winter holidays to the Canary Islands are 17 per cent up on a year ago, a statistic that won’t go unnoticed by Green, who has become quite the darling of the turnaround community

Should put a couple of pence on the SP.

Present state of play with the brokers......

Date Company Name Broker Rec. Price Old target price New target price Notes

15 Feb 13 Thomas Cook Group... Morgan Stanley Overweight 90.25 100.00 100.00 Reiterates
15 Feb 13 Thomas Cook Group... Barclays Capital Underweight 90.25 8.00 8.00 Reiterates
14 Feb 13 Thomas Cook Group... Oriel Securities Buy 90.25 - - Retains
13 Feb 13 Thomas Cook Group... Exane BNP Paribas Underperform 90.25 25.00 70.00 Downgrades
11 Feb 13 Thomas Cook Group... Investec Buy 90.25 40.00 120.00 Retains
11 Feb 13 Thomas Cook Group... Citigroup Neutral 90.25 40.00 90.00 Upgrades
08 Feb 13 Thomas Cook Group... HSBC Overweight 90.25 85.00 100.00 Reiterates
08 Feb 13 Thomas Cook Group... UBS Buy 90.25 75.00 100.00 Retains
07 Feb 13 Thomas Cook Group... Credit Suisse Outperform 90.25 36.00 93.00 Reiterates
07 Feb 13 Thomas Cook Group... Peel Hunt Hold 90.25 - - Reiterates
01 Feb 13 Thomas Cook Group... Panmure Gordon Sell 90.25 13.00 13.00 Reiterates

As previous.

"The new boss of Thomas Cook is considering selling Neilson, the holiday giant’s specialist skiing arm, as part of a shake-up of the company. Harriet Green is in the final stages of a review aimed at reducing Thomas Cook’s £1.6bn debt mountain. Green may look to raise funds from selling Neilson, which is best known for ski trips but also offers sailing holidays. Analysts believe it could be easily separated from the group and suggested that other businesses, such as Gold Medal, which Thomas Cook bought in 2008, could also be offloaded. Thomas Cook said: “We are reviewing every part of our business as we aim to turn round Thomas Cook in the UK, and this involves considering many options,” The Sunday Times explains."

93p .......just!

I think most people were expecting the results of the review in March, but it looks like it may be announced this week;


Thomas Cook to set out strategy


Monday 18th February 2013, 3:10am

MARION DAKERS

TRAVEL group Thomas Cook will this week unveil its latest plans to turn around its fortunes, following an in-depth review of the business led by new chief executive Harriet Green.

Green, who was appointed in July 2012, was tasked with shaking up the company after a string of profit warnings.

Reports at the weekend said the firm was considering selling its Neilson skiing brand to help pay down a £1.6bn debt pile, though a spokesperson declined to comment on “pure speculation”.

The world’s oldest travel group said earlier this month that Condor, its German airline brand, Thomas Cook Airlines UK and Thomas Cook Airlines Belgium would become one airline segment within the group from 1 March.

TCG Thomas Cook

WOW the shorters are in panic mode,

Must be some of the big boys buying back.

look at the collapse.........

http://www.efinancialnews.com/get-data-explorers?Source=SF&Version=1.0&Days=90&Field=Quantity&IdType=ANY&IdValue=tcg&ChartType=Line&ChartStyle=Default&ChartTemplate=TwilightTemp2&Width=300&Height=200&Url=https://api.dxopen.com/DxlApi/Chart.aspx


Supported here aswel.

The figure was 7% plus last week on loan.


http://analytics.squaremiledata.com/tickers?search=TCG

GF.

I gather you are long. 8-)


So am I. 8-(

5.42% on loan as of Friday.

Squaremiledata

Yep just corrected my 7 million comment I meant 7%.

TravelMole

Monday 18th February 2013

Thomas Cook adds dynamic packaging to its website

Thomas Cook can now offer dynamic packages direct from its ThomasCook.com website using Flexibletrips - the specialist dynamic package brand.


The operator is to offer more flexible holiday options than the traditional seven or 14 night packages with the help of software company Multicom.

Multicom engineered the technology to allow the dynamic components to be scanned and fed into the Thomas Cook site.

Multicom managing director John Howell said: "Through our existing relationship with the specialist business Flexibletrips we were able to design the system to deliver the solution for Thomas Cook.

"As a result dynamic packages have in effect come full circle and are now providing the elements for package holidays!"

Thomas Cook's Matt Smith Head of IT added: "Multicom has helped to identify and implement a solution to bridge the gap between airline capacity, beds and durations to provide greater flexibility, access to package destinations previously not featured, more hotel choice and a better range of flight options which ultimately provides better choice for our customers by utilising the technology that powers the Flexibletrips business."


Monday, February 18, 2013

http://uk.advfn.com/news/UKREG/2013/article/56344993?xref=newsalerttweet


13th of march