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

Thomas Cook to fly to Caribbean from Manchester


Thomas Cook Airlines is to offer a range of new flights to the Caribbean from Manchester next winter when it will become the only airline offering services to St Lucia and Antigua outside London.


On November 10 it will launch a weekly flight from Manchester to St Lucia, continuing to Barbados, operated by an Airbus A330 aircraft. A Manchester to Antigua service, also continuing on to Barbados, will start on December 19.


Thomas Cook group head of air travel Christoph Debus said: "It's fantastic news that we're able to offer UK travellers seat-only and holidays from Manchester to some of the most beautiful islands in the Caribbean, initially for the coming winter season.


"With the recent reduction in connections from Manchester to Gatwick limiting the travel options for those from the Midlands, the North and Scotland to connect with Caribbean flights from London, we're pleased to be able to offer more flexibility and choice for our customers, competing with the very best scheduled and charter carriers."


Wednesday, April 10, 2013
Travel Mole

Cook tests three store designs ahead of UK-wide shop revamp


11 April 2013 at 08.10 GMT


Thomas Cook has started a month-long test of three new store concepts and will choose one to spearhead a refresh of its high street presence.

The company gave three stores – in Stowmarket, Stamford and King’s Lynn – a makeover in different styles and colours last week and will decide by the end of the month which to roll out nationally. It plans to have 90 stores revamped by September.

Speaking exclusively to Travel Weekly, retail director Joanna Wild said the refresh would signal to customers and staff that Thomas Cook is back.

“These are traditional stores and the idea is to make them clean, fresh, modern. They will look bigger, brighter,” she said.

“There are three different concepts, with different colours, different graphics, different chairs. We’ll decide in the next two to three weeks which to roll out and [aim to] have 90 smaller stores refreshed by September – the end of the financial year.” The programme will continue beyond that.

Wild declined to say how much the programme would cost, but described it as “a significant investment”, adding: “The refresh programme shows our commitment to the high street.”

It comes alongside a ‘store of the future’ programme for large outlets, the first of which launched in Leeds’ White Rose shopping centre in December. Wild reported revenue at the White Rose store in the first three months had exceeded Cook’s target by more than 50%.

Wild spent the past week addressing meetings of store managers around the country, explaining the new cluster-manager approach to running shops.

She said: “Some store managers may step down [to become assistant managers]. Some will be promoted to cluster managers. Some will leave.”

But Wild insisted: “Staff have a future in retail. There will be opportunities for promotion. People can see we have a future, can see the pace at which we are changing and that we have a sustainable and profitable business – and the pace is infectious.”

How bizarre to choose Stowmarket! A sleepy market town. I would have though they would choose a big outlet in a major city. Not sure the residents of Stowmarket will want 'clean, fresh, modern'.

Agreed Harry, places like the White Rose shopping centre and Bluewater seem to be far more appropriate for that type of concept.

the choices will not have been random but carefully selected for their demographics and similar

Yes, comfortable middle class, middle England. The train from Norwich to London is absolutely packed during the morning rush hour with commuters getting on at Diss, Stowmarket and Ipswich, so presumably those people are earning London wages but living the Suffolk lifestyle? No complaint from me though as Harriet Green, Chief Executive seems to know what she's doing and sp still on the up!

not my call or area of expertise, but like i said, the towns will have been chosen after a lot of research by so-called experts

Nice to see that TCG sp remains strong on a day when many other stocks are being hit. Am still holding, though watching closely.

Credit Suisse retains 146p target;

15 Apr Thomas Cook Group... TCG Credit Suisse Outperform 116.85 117.20 146.00 146.00 Retains

Sold up today. no special reason just dont look like of market in general.

Will prob re- purchase if they do fall back.

off-thread i know, but however quickly one ducks, it is almost never quick enough or low enough ....as i mentioned non ftse thread, not half glad i'm short both dow and ftse

Or if they break through resistance.

US bombings hasnt helped. glad im light and cash heavy in general.

I agree GF / cynic i'm holding nothing right now markets due a big correction in my view ,then i'm back in. It could be that sell in May (or April in this case) will work this year.

US bombing sounds like a one-off nutter - home made devices, not terrorist associated. USA futures look okay at the moment. I'm happy to keep holding this share - trading update due sometime in May and all the indicators look positive.

Thomas Cook now ‘sets the standard’ for mobile
16 April 2013

Thomas Cook’s new mobile site is a model of good design, according to travel technology consultant Paul Richer.

Writing a blog for World Travel Market, Richer said: ‘In the past I have been critical of Thomas Cook’s presence on this channel.

‘In fact, if you have got time for some mobile surfing you will see that Thomas Cook is now setting the standard.

‘The organisation’s new mobile site is a model of good design, only slipping back to the PC website when you reach the booking form; quite a transformation, so 10 out of 10.’

http://www.e-tid.com/thomas-cook-now-sets-the-standard-for-mobile/76909/

Yep Jimmy, sometimes the best trade is no trade at all.

I'v been thinking that for the last couple of weeks GF .

I certainly woiuldn't be holding on to this share if I didn't think it had some way to go yet. It's the traders who sometimes get caught out in these markets, rather than the investors.

I more buy for momentum doodle ,its just that i think the markets are overheated at the mo ,however there are always shares that buck the trend , a big wobble and i'll be back in the markets.

Yep so true DB, but the one thing Ive learnt in the markets over the years is that traders can become investors if they dont act instinctivly and get shot of would be losers quick enough.

This then leads to lack of liquidty/funds and the trader in turn repeats his mistakes becomes an investor and ultimately a loser.

Lost to the market.

One has to be ruthless and close out quick if a loss is expected.

Traders cant trade down to any more than a 2% loss imo on any one given trade.