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

clarification required so everyone can see what they are going to be entitled to and at what price/discount, and just as importantly, what its effect is on today's sp

21 May Thomas Cook Group... TCG Investec Buy 155.25 154.40 120.00 185.00 Retains

SP TARGET 185p.

I've been reading comments about the rights issue on various other bulletin boards and some posters seem to be under the impression that they are going to get 2 FREE shares for every five they own - now that would have been nice!

It makes no difference.

In what way Fred, am I missing something here?

I'm sure Fred will come up with an easy to understand explanation, but in the meantime try this:

http://www.investopedia.com/articles/stocks/05/062905.asp

Thank you for that HARRY, I just couldn't understand what Fred was saying.

D4,

I haven't read the details, and therefore may be wrong.

But there is nothing for nothing and the "give away" shares would lead to a reduction of share price.

"Value" of "company" stays the same but number of shares up by 40%.

The share prices are associated with reduction of debt due to new Company cash.

That may increase profit ratios and if thought appropriate the market may increase its interest and share price may go up or down.



BDYOH.

Uncertainty/confusion over the Placing and Rights Issue is dragging this share price down now.

my guess is that, isofar as it is possible, sp was pumped up to allow an apparently generous price for the placing/rights ....... confess i am somewhat surprised that the detail has not been announced and made everything clear

i dare say i shall climb aboard once again once sp has fallen suffciently and/or the rights issue details are made clear and on the table, should PIs actually get a sniff

Been made very clear on Twitter ......Harriet posts up their and has been answering questions.

i do not follow let alone subscribe to twitter or any other of those (very dangerous) social media sites

I don't follow twitter and not everyone does. Perhaps Harriet needs to visit the TCG thread on ad--n and explain a few things to the posters there, who generally seem to be utterly confused by the whole thing - various numbers being bandied about and a lot of "ifs and buts"!

Snap, cynic. :-)

Dangerous.......what twitter.

Far safer than here or advfn.

Your both obviously not awair of the tools you can use to block people and when I mean block totaly block them even if they have alias.

To follow on from that - I'm sure Harriet knows what she is doing, but I'm surprised she gets involved in twitter, perhaps it's part of her image as a CEO who is accessible to the general public and open to modern ideas. It's a dangerous game posting on twitter, as many high profile people have found out to their detriment.

Cyners you dont subscribe its free, all you do is sign up like here and use your PC even if its clapped out like mine.

You dont need fancy gimmick tablets or flash mobile phones.

Make no wonder you and Hays are always behind the curve on politics.

I get news immediatly its out in the public domain same with company takeovers etc.

Made me plenty of money trading.

Give it a try, Ill hold your hand he he.

sticky - i have no need of twitter and the like and am perfectly capable of making a total ass of myself here without any help to broadcast elsewhere

i also manage to waste more than enough time on here without further distraction and temptation to pontificate elsewhere

Anyway - I closed half my short today.

Doodles if you tell the truth you have nothing to fear.

I dont recognise any of your above post.

Fair enough if your a nutter and go saying things about other people like silly Sally Bercow clearly you are in contempt of the law, but this isnt just confined to twitter.

Ive had just one set too in nearly 3 years and it was something of nothing.