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

Share Prophets ‏@ShareProphets 4m
Just posted: Buy Thomas Cook (TCG): 160p Now Possible £TCG

http://www.shareprophets.com/221

DirectorsTalk ‏@DirectorsTalk 8m
Buy Thomas Cook (TCG): 160p Now Possible - http://goo.gl/hLM6i

gf, if IG Index say 27th May for the TCG interims - isn't that a Bank Holiday?

Just checking again doodles.

Yep says may 27. That a bank holiday?, sorry on lap top fishing. Havent got any diary or calendar here.

Nothing on their own website.

Nothing on investigete either not that I can find it.

Perhaphs IG have got it wrong if it is a bank holiday.

When did they report last year?.

TBC May, 2013 (From Thomas C's own web site)

31 May 2012

9 May 2011

Got to assume then DC and lads it around the month end.

Opinion: What did the Belgians ever do for Thomas Cook?


10 May 2013 at 08.16 GMT

The travel industry is full of famous names, dating back as far as 1841 when Thomas Cook founded his company.

Think of the icons of the 80s and 90s such as Harry Goodman, David Crossland, Sir Richard Branson, Sir Adam Thomson (a personal favourite of mine) Lord King and Lord Marshall.

And today we have Michael O’Leary, Carolyn McCall, Willie Walsh, Peter Long and Harriet Green, but there is one name that isn’t so well know but probably should be.

We all know the pub quiz question – can you name five famous Belgians?

Well, we probably can get Audrey Hepburn and maybe Plastic Bertrand (if you grew up in the 80s), perhaps Jean Claude Van Damme and, if you enjoy tennis, Kim Clijsters, but after that we tend to cheat and say Tintin or Hercule Poirot.

But I think it’s time the travel industry and the City really recognised the success of a Belgian heavily involved in the UK travel industry who deserves to be on both lists but I suspect is too modest to be concerned and much more worried about ensuring his work is completed (which I am sure it will be).

That person is Frank Meysman, the chairman of Thomas Cook, who in truth has saved the company from collapse, rebuilt it and put in place many of the people who now get the credit.

Thomas Cook is the best brand in the travel industry and a true global brand, and today it is re-emerging in a way I believe the original founder would have supported.

Back in July 1841 Thomas Cook took 500 passengers from Leicester to Loughbrough, but his first continental tour in 1855 left Harwich and landed in - yes, you guessed it - Antwerp in Belgium.

Today Belgium has quietly come to Thomas Cook and we should all be grateful even if we don’t remember his name next time we are asked for famous Belgians in the pub.

Perhaps the City will soon also show its appreciation by supporting the rumoured £400 million rights issue which will put Thomas Cook back in first class shape.

And if that amount is raised it really is all credit to Frank – I suggested at the start of the year that maybe £100 million or possibly £200 million could be raised, so this would be a major thumbs up.

I also thought the share price would perform well, but in the first four months of 2013 it has risen a staggering 185% - better than even I had predicted.

It would also, I suspect, be the front runner if successful for other equity raises in the sector as share prices have remained remarkably strong; EasyJet is up 47%, IAG is up 52%.

It probably doesn’t feel like this, but the laggard in the sector is Tui which is only up 15%. Even my friend Roger Allard has seen his share price at All Leisure rally 68% this year.

The industry is in very good health, and so my advice is that when the ducks are quacking, feed them. Right now they are quacking, so I would be raising some new money and investing in new growth.

And I’d look east, as that is where the future is – but you need to look further east than Belgium into Asia this time.


travelweekly

Anna Mikhailova Published: 12 May 2013
PROFESSIONAL investors are tipping the air travel industry to deliver strong returns in the coming decades, fuelled by huge rises in demand from emerging markets.

Global passenger traffic grew 5.9% in the 12 months to the end of March, with long-haul travel increasing even more than domestic, according to the International Air Transport Association (Iata). Emerging markets led the way, with flights from the Middle East, Latin America and Africa up by 15.6%, 11.8% and 8.2% respectively.

Iata expects air travel growth to continue at 5% on average for the next 20 years.

Sunday Times

difficult to determine whether TT or TCG is a better investment at current levels .... both have their appeal, but while TCG has outperformed TT astronomically, TCG was of course starting from a very low base

indeed, the 5-year chart below (TT is blue; TCG is red) would imply TCG still has greater near-term upside, but input from others would be useful

I think both are good investments at the moment, cynic. The weather is predicted to be pretty awful for at least another month, perhaps longer and if we have another Summer like last year it can only be good for the travel industry - and dreadful for businesses like Wyevale.

Interims are out last week of may, so at that point I shall be selling, depending on the figures. Have had a very good run from 96p, but once the figures are out I can't see much happening with the TCG sp until the autumn, so will be investing the profit elsewhere. I am reasonably confident the interims should be good, so that will be my last tilt at TCG for the time being. I wonder if 180p is achievable?

Rumoured to be an RNS out tomorrow - an embargoed link was put up on the TCG website earlier this morning by mistake.

I thought this was a rubbish ad, but for it to be banned is quite silly when you consider the latest meerkat ad shows a meerkat throwing a brick through a neighbour's window.What kind of message does that send out to children?

Thomas Cook TV ad banned after consumer complaints


15 May 2013 at 07.31 GMT

Thomas Cook TV advert has been banned after viewers claimed it could cause harmful copy-cat behaviour among children.

More than 100 complaints were made against the ad which showed a holidaymaker remove a valve from a wheel of one of the company's coaches with a pair of pliers to cause a flat tyre in an apparent bid to avoid returning home from a sunny destination.

The advertising watchdog ruled that the Thomas Cook campaign was "irresponsible" after it received 118 objections.

The Advertising Standards Authority upheld complaints which suggested children could emulate the potentially dangerous scene.

The ASA ruled: “Although we were satisfied that adults would not view the ad as condoning the act of removing the tyre valve, we considered that children, including teenagers, were unlikely to identify the fantastical nature of the story.

“We also noted that the scene in which the tyre valve was removed was central to the ad's narrative and, because of the risks to children in emulating that action, considered that the ad unreasonably featured that behaviour.

“We therefore concluded that the ad was irresponsible.”

Cook argued that the “horrified and outraged” reaction of the other holidaymakers in the ad indicated that the behaviour of the man letting down the tyre was not condoned.

The company said it did not consider that the ad was irresponsible because it clearly showed a comical scene and the man's actions were immediately challenged as being wrong.

whoever sanctioned this irresponsible ad at THG should be sacked, perhaps the police and emergency services should be consulted before such advertisements are sanctioned.

LOL very funny Halifax - and the meerkat should be immediately sent to prison!

Moi?

Caught on camera, it was you!

http://www.youtube.com/user/CompareMeerkatAdvert