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

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.

jimmy b - the consensus among most experts is that 2013 is going to be a bull market. There are always going to be wobbles, even in bull markets, it just depends on what you regard as a "big" wobble. TCG is a good share to be invested in at the moment as it not too influenced by the wobbles.

Well always expect differently to what you think I say.

The markets have a habit of making one look a mug.

This thread seems to be developing into a discussion about the markets in general, rather than a discussion about TCG.

TCG is a member of the market is it not.


Too many dick heads around who dont understand inter market realationship.

Bet you know that ehhh Jimmy.

ps, remember the old days.

As I've said before gf, this share has not been influenced by any market wobbles recently. On the day of the last trading statement the FTSE was taking an absolute hammering and the TCG share price went up by about 15p - 20p.

Hasnt done now though has it?.

Anyway go ask your mentor for guidance.

I don't have any mentors to gave me guidance gf. I buy shares and sell them by my own judgement. Of course I read bulletin boards to see what other people think, but at the end of the day whether I make money or lose it is entirely up to my own decisions. It is also one of the reasons I don't employ a financial adviser to invest my money for me. A 2p drop in the share price today is peanuts and you know that.

But problem is DG you are inexperienced.

Dont think many will follow you knowing that.

LOL, actually I'm not asking people to "follow me". I've been buying/selling shares since 2003 and I'm still learning from my mistakes. Luckily, buying TCG at 22p and holding it to this point has not been a mistake.

2003 yep the recovery in March from the Dot Com where I earned a few bob.

Fact is you had to have balls during the 98/2ooo dot com. And after in March 2003.

How much you earn????????????????????????????????????? THEN.

Not enough!

8-)

Fred LOL.

DB 10 years in this business , your just a nipper bud.

10 years in this business has taught me how to figure out wind-up merchants gf.

Wind up merchant am I now LOL.

Im a realist.

From travel technology consultant, Paul Richer;


He said the ‘omni-channel’ strategy of Thomas Cook Group chief executive Harriet Green struck a chord with him as he had debated the issue of ‘multi-channel retail’ at a conference called ‘Firing on all Channels’ way back in 2001.

Richer, senior partner at technology consultancy Genesys, said then that ‘customers identify with a brand regardless of channel of delivery…and believe an organisation to be a single entity’.

He wrote in his WTM blog: ‘Harriet Green understands how consumers shop.

‘They may start their holiday research on their mobile handsets whilst having a few minutes to spare at a bus stop or in the morning Costa queue.

‘They may take to their PCs in the office at lunch hour and continue their research at home on tablets or laptops.

‘As the purchase decision gets nearer they may prefer to make a telephone call or pop into a retail shop.

‘The important aspect to remember is that the consumer is considering your business as one entity, however they are interacting with it at the time.’

This trend means travel firms must adapt their technology systems, and ensure that staff incentives are set so that a customer enquiring about a web booking with a retail outlet or call centre will be treated with the same courtesy and given the same amount of time as if making the booking in person.

‘If a travel company can achieve this then it will be firing on all channels,’ he concluded

bullshit cheapest wins!