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

We wonder how many holidays to Cyprus have been cancelled so far?

I can't see any reason to cancel a holiday because of the current banking situation!

Though might be tricky to withdraw cash from ATM's or cash travellers cheques?

I never use ATM's when I'm overseas on holiday, but I suppose some people do.

Also many cypriot businesses now refusing to accept credit cards, fearful that they will not be reimbursed.

[If you ever go to India db4, you will have to use ATM's as currency controls prohibit buying rupees in the UK]

Hey up, moving up nicely this afternoon.

DB....... this on out late today.......

21 Mar Thomas Cook Group... TCG Credit Suisse Outperform 111.90 106.60 146.00 146.00 Retains

146P SP target.

Thank you gf, it looks a realistic target right now.

Superb......

http://uk.advfn.com/news/PRNUS/2013/article/56860056?xref=newsalerttweet

Part of an article from The Guardian;


Finally, could Thomas Cook become a takeover target for German leisure group Tui AG? That is one possible move Tui could make after it abandoned a plan to take full control of its subsidiary Tui Travel in January, according to Morgan Stanley analyst Jamie Rollo. He said:


Valuation and other issues make it hard for Tui AG to buy the rest of Tui Travel, and it has limited time to reinvest its cash. We look at other potential options if it sold its 54% Tui Travel stake, including acquiring elsewhere in leisure travel.



He said Tui and Thomas Cook had a shared history - Tui (then Preussag) acquired a majority stake in Thomas Cook in 1998, but had to sell this after acquiring Thomson Travel in 1999 - and Thomas Cook remained an important client of Tui AG's hotel business.

Thomas Cook's current depressed share price would make it a more attractive deal for Tui AG than Tui Travel, whose shares are more highly rated. But competition issues would mean Tui AG having to sell its stake in Tui Travel - something it said it had no plans to do - if it bought Thomas Cook.

Other options for Tui AG could include a break-up of its business, but overall, Rollo doubted anything was imminent.

Thomas Cook, which on Thursday refinanced a syndicated loan to save up to £26m, finished down 0.2p at 111.7p.

Brill DB, this looks hot.

come on guys; you're old enough, ugly enough but wise enough not to get suckered by some pie-in-the-sky t'over almost, maybe rumour

cynic TCG became the pump and dump share of the year, strip out intangibles and they have no net worth, takeover you must be joking!

it was not me who suggested it might be a t/o target!

halifax , it's seems to me that you are fairly typical of someone who realises that they sold out too early. Whether or not this takeover story is true or not this share price is only going to go upwards in the long term. And actually I resent the fact that you suggest that people like myself who have bought into this share as a recovery play belong to the pump and dump brigade. "Strip out the intangibles and they have no net worth" - that is a comment which shows how little you know. Sold out too soon halifax - end of story - now please stop trying to deramp this and move on.

hali, unlike several on this board, is no flake .... just because he happens to disagree with you - as i do too to some extent - does not make his opinion any less valid

"selling out too early" whether it was at a profit or loss, is also a singularly infantile comment, for it is made with the foolproof benefit of hindsight

jp morgan upgrade from 30p to 140p

Brisk trading this morning. 1.2m traded in 5 mins.

25 Mar Thomas Cook Group... TCG Jefferies International Buy 0.00 111.70 155.00 155.00 Reiterates

SP Target 155p.

No stopping it.