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

Is Harry in?.

Getting ready to go through that gap.

Oi! Size isn't everything skinny!!!
I am in gf (from 90p) and looking to benefit when you chartist guys reckon the gaps will be closed!!! Trust it's not the blind leading the blind!!! ;o)

From TravelMole this morning;

TravelMole

Tuesday 19th February 2013

Thomas Cook chief sets date for recovery plan

The long-awaited recovery plan from Thomas Cook will be announced at a special Capital Markets Morning on 13 March.


Chief executive Harriet Green promised when she joined the operator in July 2012 that she would develop a clear plan to reinvigorate Thomas Cook, see previous story.


In her first statement she said: "My initial focus is to review our businesses, quickly establish priorities and develop a clear plan to reinvigorate Thomas Cook, which I expect to be able to present to you next Spring."


The Capital Markets Morning, to be held in March, will update on the progress of its business transformation and the new strategy of the Group ahead of its second quarter results in May.


There will also be a brief trading update on the day.





Tuesday, February 19, 2013

L&G < 3%

96p!

EDIT @ 11.41 hrs - Now 97p!

TCG TIPPED hot off the press on twitter.....

http://www.economy-news.co.uk/shares/share-price-drivers/2780-thomas-cook-group-plc-and-tui-travel-plc-4534543

Getting interesting now, will this sail through the next big psychological test of £1 quickly, or will it need two or three attempts?

Category: Share Price Drivers
Published on Wednesday, 20 February 2013 09:43
Written by Will Peters

0
inShare.Thomas Cook Group plc (LON:TCG) shares are yet higher again this morning as the firm's comeback appears to be well entrenched. Indeed, those trading by charts will note that upward momentum, initiated in October last year, continues to favour further gains.

Analysts at technical forecasting firm Trading Central have tipped further gains for TCG, "as 83.25 is support."

"The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 76.36 and 59.08). Thomas Cook Group is currently trading near its 52 week high reached at 95.25 on 13/02/13," says Trading Central's most recent analysis of the stock.

Category: Share Price Drivers
Published on Wednesday, 20 February 2013 09:43
Written by Will Peters

0
inShare.Thomas Cook Group plc (LON:TCG) shares are yet higher again this morning as the firm's comeback appears to be well entrenched. Indeed, those trading by charts will note that upward momentum, initiated in October last year, continues to favour further gains.

Analysts at technical forecasting firm Trading Central have tipped further gains for TCG, "as 83.25 is support."

"The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 76.36 and 59.08). Thomas Cook Group is currently trading near its 52 week high reached at 95.25 on 13/02/13," says Trading Central's most recent analysis of the stock.

Previous post by gf endorsed late on this afternoon - a small pullback quickly pounced upon by buyers and that has been the trend for quite some time now i.e. any dips in the share price have been quickly bought into.

Thomas Cook Group (TCG)
Sector:Travel & Leisure
Index:FTSE Small Cap

Date Broker name New Price Old price target New price target Broker change
21-Feb-13 Jefferies Buy 93.50p 155.00p 155.00p Reiteration

WOW starts coverage with a STORMER..

21 Feb Thomas Cook Group... TCG Jefferies International Buy 93.75 95.50 - 155.00 Initiates/Starts

155p SP TARGET.

Strange that DB on 'this is money' says its starts coverage whilst on N@P site says reiterates??????

Any ideas?.

Reiteration here.

It is starts coverage. N&P site now changed it
from re-iterate.

Another feather in the cap for TCG..... Nice.

Yep but no earlier mention on that site skinny...........

Date Broker name New Price Old price target New price target Broker change
21-Feb-13 Jefferies Buy 94.00p 155.00p 155.00p Reiteration
15-Feb-13 Barclays Underweight 90.25p 8.00p 8.00p Reiteration
14-Feb-13 Oriel Securities Hold 91.50p - - Reiteration
13-Feb-13 Exane BNP Paribas Underperform 92.25p 25.00p 70.00p DownGrade
11-Feb-13 Investec Securities Buy 88.50p 40.00p 120.00p Reiteration
11-Feb-13 Citigroup Neutral 88.50p - - Upgrade
08-Feb-13 Oriel Securities Buy 88.00p - - Upgrade
08-Feb-13 Morgan Stanley Overweight 88.00p 60.00p 100.00p Reiteration
08-Feb-13 HSBC Overweight 88.00p 85.00p 100.00p Reiteration
08-Feb-13 UBS Buy 88.00p 75.00p 100.00p Reiteration
07-Feb-13 Peel Hunt Limited Hold 85.50p - - Reiteration
01-Feb-13 Panmure Gordon Sell 70.00p 13.00p 13.00p Reiteration
01-Feb-13 HSBC Overweight 70.00p 23.00p 85.00p Upgrade
25-Jan-13 UBS Buy 59.25p 24.00p 75.00p Upgrade
25-Jan-13 Citigroup Sell 59.25p 40.00p 40.00p DownGrade
03-Jan-13 Panmure Gordon Sell 50.00p 7.00p 13.00p Reiteration
03-Jan-13 AlphaValue Buy 50.00p 46.70p 61.60p Upgrade
07-Dec-12 Morgan Stanley Overweight 36.00p 16.00p 50.00p Upgrade
05-Dec-12 Credit Suisse Outperform 29.50p - 36.00p New Coverage
29-Nov-12 UBS Neutral 26.00p 17.00p 24.00p Reiteration
28-Nov-12 Nomura Reduce 25.00p 6.00p 6.00p Reiteration
28-Nov-12 Shore Capital Hold 25.00p - - Reiteration
28-Nov-12 Numis Securities Hold 25.00p 17.00p 24.00p Reiteration
28-Nov-12 Oriel Securities Hold 25.00p - - Reiteration
26-Nov-12 JP Morgan Cazenove Neutral 24.00p 20.00p 20.00p Reiteration
23-Nov-12 Panmure Gordon Sell 24.00p 7.00p 7.00p Reiteration
23-Nov-12 AlphaValue Add 24.00p 25.90p 26.80p DownGrade
23-Nov-12 Investec Securities Buy 24.00p - 40.00p Reiteration
18-Oct-12 AlphaValue Add 20.00p 2,280.00p 2,160.00p DownGrade
28-Sep-12 Panmure Gordon Sell 17.50p 7.00p - Reiteration
03-Sep-12 AlphaValue Buy 16.25p 20.00p - Upgrade
07-Aug-12 UBS Neutral 17.00p 15.00p 17.00p Reiteration
06-Aug-12 Panmure Gordon Sell 17.25p 10.00p 7.00p Reiteration
27-Jul-12 Panmure Gordon Sell 16.00p 10.00p - Reiteration
17-Jul-12 UBS Neutral 15.00p 21.00p 15.00p Reiteration
09-Jul-12 AlphaValue Buy 14.75p 18.20p - Upgrade
20-Jun-12 Nomura Reduce 17.00p - 6.00p New Coverage
08-Jun-12 AlphaValue Add 16.75p 16.80p 19.80p Upgrade
06-Jun-12 Panmure Gordon Sell 17.50p 10.00p - Reiteration
01-Jun-12 Charles Stanley Buy 17.50p 29.00p - Reiteration
31-May-12 Peel Hunt Limited Sell 18.75p 10.00p - Reiteration
25-May-12 AlphaValue Sell 21.00p 17.10p 17.30p DownGrade
24-May-12 Panmure Gordon Sell 21.25p 10.00p - Reiteration
22-May-12 Charles Stanley Buy 19.00p 29.00p - Reiteration
22-May-12 AlphaValue Reduce 19.00p 17.10p 17.20p DownGrade
14-May-12 UBS Neutral 19.00p 23.00p 21.00p Reiteration
08-May-12 Panmure Gordon Sell 21.50p 10.00p - Reiteration
10-Apr-12 Panmure Gordon Sell 23.25p 10.00p - Reiteration
10-Apr-12 Investec Securities Buy 23.25p 30.00p - Reiteration
29-Mar-12 Natixis Bleichroeder Reduce 22.75p 13.00p 15.00p DownGrade

RESEARCH ALERT-Thomas Cook: Jefferies starts with buy rating

21 Feb 2013 - 05:57

Feb 21 (Reuters) - Thomas Cook Group PLC : * Jefferies starts with buy rating; price target of 155p For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Reuters Station users, click .1580 ((nyc.equities.newsroom@reuters.com); (Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net) ((Bangalore Newsroom +91 80 4135 5800; within U.S. +1 646 223 8780

Thomas Cook Group plc : TCG shares could hit 155p argues Jefferies analyst who sees firm on the 'road to rehabilitation'

Details Category: Share Price Drivers Published on Thursday, 21 February 2013 14:36 Written by Rob Samson

Thomas Cook Group plc (LON:TCG) shares are a Buy with analysts at Jefferies who see the stock cracking through the 100 level before heading to their target price at 155p.

Core to the bullish case behind the Thomas Cook stock is the 'road to rehabilitation' the firm has embarked on under newly arrived CEO Harriet Green.

Green's initial plans include:

i) turning around the UK business,

ii) building an effective organisation,

iii) getting control of costs and cash and

iv) creating profitable growth.

"Beyond these generalisms, we anticipate a more focussed Thomas Cook (product, distribution, efficiency) driving profitable growth from its 23m strong customer base. A strategic review is due on 13 March 2013," says the investor briefing issued by Jefferies.

Financial performance seen improving

"FY12 should mark the low point for profitability (or lack of), but gauging the extent and speed of recovery is difficult. Aggregating the savings and turnaround benefits already announced implies almost £400m proforma EBIT. Our forecasts are a little more conservative (but ahead of consensus): we forecast FY15 EBIT of £360m. Net debt should start to come down meaningfully from FY14," say Jefferies.

TCG to remain covenant compliant

Concerning Thomas Cook's debt situation, Jefferies say:

"TCG should remain covenant compliant, although headroom is tight on our forecasts. Raising £400m would reduce peak leverage to 3.5x from 4.4x, easing the refinance risk and allaying any lingering financial concerns (for both investors and customers)."

has the bubble burst?