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

In all fairness I don't think anyone can keep up with this, not even Zak Mir !

to avoid being called something not very complimentary, i shall merely comment that i am very happy indeed with my course of action today :-) ....... and even more so with C+M Index which i have been "ramping" for a little while

Why what did you do cyners??

not allowed to say, as shall be (rightly) told off for being clever after the event

In post #670 he abandoned his short, on the advice of his peers (!!!! ;o) ) and presumably went long?

i didn't say a word :-)

Great performer today.

Harriet Green on the Jeff Randall show tonight - an impressive performance, not too over the top, balanced, professional, considered, and she looks good too. A couple of tips for George Osborne to finish with at the end of the interview - all things considered she could do George's job with her hands tied behind her back, but she's far too intelligent to be a politician.

GF - see the CAPE (CIU) & POG threads.

Sold mine and cheers guys , happy with what I got but it was more of a punt than anything else cos it not my type of share.

Hope it hits a tenner for you all.

Good luck.

14
Mar 2013
11:05 am
Thomas Cook Group Given New $1.94 Price Target at HSBC (TCG)
http://www.directorstalk.com/thomas-cook-group-given-new-1-94-price-target-at-hsbc-tcg/

Further to my article on the current
SHORT POSITIONING yesterday which included
the overal picture, its worth looking at now
Institutional short positions and the current
state of play.

Fund manager % short Change Date changed/created

Oxford Asset Management 0.59% ↓ -0.08% 2012-12-27
Sothic Capital Management LLP 1.48% ↓ -0.10% 2013-03-13
TT International 0.83% ↑ 0.30% 2013-01-23

Total 2.90%

Link below shows chart and how the number of
Institutional Shorts have been closed since their
peak in December last year.

http://www.shorttracker.co.uk/company/GB00B1VYCH82/all

Interesting to click on the % short column and see how
each Instiution has off-loaded stock over the last
few months.

Fantastic for those of us who are LONG.

profit-taking likely today - like me who is now out

thanks for talking some sense into me yesterday guys :-)

Think I will try & squeeze a few more pence out of this. 130p was my original target & I think that should be achievable.

[Really good website, gf, for the short positions.]

don't get too silly harry .... i know you have a thumping profit so think seriously of banking at least some

==============

shame i didn't reverse when i sold, but that would have been very brave - foolhardy if i'm honest :-)

Cheers Mr. C. Greed now taking over from good fortune! Just nice to have some good profit at last & nicely protected from the tax man in my stock ISA. I assume the day traders will now pump this back up again?

Given 20% back...... drat.

Think your right Harry.

personally, i would assume nothing of the sort ..... even in the last 10 days, sp has had a HUGE rise

further, i am of the opinion that the markets in general are due for a sharp retrenchment ...... dow has now risen for 10 straight days (i think), and it is also already at a critical point where a reaction is (over)due .... i'm already short there and shall almost certainly increase that position

Technicaly I agree as stock charts are mostly overbought and Indicies look very topy but fact is if you check fundys plenty of stocks arent what you would describe as very expensive.

This is not a dot com kind of situ as some would have you believe. Then you had stock not even making a profit on massive multiples to sales and those that were making a profit P/Es were 30 to 100 plus in many cases.

These markets will be higher come the autumn I reckon.

ps, only went for a cup of tea and TCG was +2 when I got back -5 I thought S-ITE.

These markets will be higher come the autumn ..... too far away and you may be right; in the meantime there has to be a serious correction + "sell in may ...."