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MY TRAVEL anyone holding (MT.)     

biffa18 - 12 Dec 2003 09:02

Guys
anyone holding i hoovered up a few of these at 10p got to be one of the best for a quick turn around most of the bad news out of the way bullish outlook management shuffle 15p would be poss short term

SueHelen - 22 Dec 2003 20:13 - 8 of 13

Today's Leaders and Laggards:

MyTravel rose 11.3% to 11.13p after saying today it has completed the sale of Auto Europe for $85m in cash to George Soros' private equity group, Soros Private Equity Investors LP.

SueHelen - 22 Dec 2003 20:16 - 9 of 13

draw?enableFastStochastic=true&showVolum

SueHelen - 23 Dec 2003 11:43 - 10 of 13

From Today's Leaders and Laggards:

MyTravel rose 6.8% to 11.75p. On 22 December it announced it had completed the sale of Auto Europe for $85m in cash to George Soros' private equity group, Soros Private Equity Investors LP.

SueHelen - 23 Dec 2003 12:47 - 11 of 13

IC Article

19 December 2003

A dog's life for 2004
This year was the year of the dog. Had you followed our advice in last Christmas's IC, and bought the 10 stocks in the FTSE All-Share index that had fallen the most in the previous three years, you would have doubled your money. Thus, Fibernet and Trafficmaster have all risen by over 200 per cent, offsetting the collapse of Affinity Internet.

This continues a long-standing tendency for dog shares to do well. Economists disagree on why this happens. Some say high returns are just a reward for taking on the risk that firms will go bust. Others believe investors overreact to long streams of bad news, causing shares to become undervalued.

But whatever the explanation, there's a good chance of the following shares doing well in 2004: Arc International, Colt Telecom, Dimension Data, MyTravel, London Bridge Software, Autonomy, Bookham Technology, Xenova, Spirent and Pace Micro Technology. CD

SueHelen - 23 Dec 2003 12:47 - 12 of 13

MyTravel mentioned!!!

SueHelen - 23 Dec 2003 12:48 - 13 of 13

Today's The Sun Newspaper:

Soros rescue bid
MYTRAVEL, the largest British-owned tour operator, took another step towards survival yesterday.


It has sold car hire company Auto Europe for 50.9million to a company owned by billionaire investor George Soros.

A spokesman said: MyTravel has got cash in to fund its needs during the lean winter period until sales pick up again next summer.

MyTravel announced full-year pre-tax losses of 910.9million this month, but insisted it would still be able to continue trading. The shares rallied 1p to 11.

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