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

After half-year results

Thomas Cook boss apologises over Corfu gas deaths
1 hour ago
From the BBC section Leeds & West Yorkshire

Christianne Shepherd, seven, and her brother Robert, six, died from carbon monoxide poisoning while on holiday in Corfu in 2006

The chief executive of Thomas Cook has said he is "deeply sorry" about the deaths of two British children on holiday in Corfu in 2006.
Christi and Bobby Shepherd, from West Yorkshire, died from carbon monoxide poisoning at the Louis Corcyra Beach Hotel.
Peter Fankhauser said: "From the deepest of my heart I am sorry."
An inquest jury ruled the children had been unlawfully killed and said Thomas Cook "breached its duty of care".
The children's parents have previously criticised Thomas Cook for not apologising to them directly after a letter of apology had been sent from the chief executive to Neil Shepherd and Sharon Wood.
'Going to change'
Mr Fankhauser has now told the BBC he was "deeply sorry".
"It is clear that there are things that we as a company could have done better in the past nine years," he said.
"In particular the way we conducted our relationship with the family and this is something that we are going to change."
He said he took responsibility for the way the company had communicated.
He also said he regretted saying Thomas Cook had done "nothing wrong" when giving evidence at the coroner's court in Wakefield last week.
The holiday firm was awarded damages against the hotel's owner in 2010.
Thomas Cook said its insurers had taken half the payout for legal costs and it donated the remainder to the children's charity Unicef.

A bit late, but better late than never .......


The chief executive of Thomas Cook has said he is "deeply sorry" about the deaths of two British children on holiday in Corfu in 2006.

Christi and Bobby Shepherd, from West Yorkshire, died from carbon monoxide poisoning at the Louis Corcyra Beach Hotel.

Peter Fankhauser said: "From the deepest of my heart I am sorry."

Too late and too little. Just a cynical ploy to avert damage to the company. Only a couple of months ago he said there was no need to say sorry as the company had done nothing wrong.

May 20:
Numis: Hold - TP: 145p
Credit Suisse: Outperform - TP: 180p

The boycott groups are now going after Cook's brands

Airtours, Hotels4U, Club 18-30, Flexible trips, Crests, Escapades, Co-Op Travel, DirectHolidays

Quite a backlash for TC now all over the net . Guess they wish that they had handled this differently .

http://www.itv.com/news/2015-05-19/new-footage-shows-faulty-wiring-at-thomas-cook-hotel/

Thomas Cook is facing mounting criticism after the deaths of two children in a Corfu hotel.

Now footage obtained by ITV News appears to show faulty wiring at one of the tour operators properties in Cuba.

Kristine Williams, a 61-year-old teacher from South Wales, claims she suffered an electric shock while staying there six months ago

Kristine Williams, a 61-year-old teacher from South Wales, claims she suffered an electric shock while staying there six months ago.

She said she was "thrown across the room" after accidentally touching the wiring after reaching behind a bedside table to pick up a hair brush.

And after making a complaint, she claims it took Thomas Cook five months to respond.

May 21:
Barclays: Equal weight - TP: 122p
JP Morgan: Overweight - No TP

Steve Hilton: Thomas Cook former chief executive a 'greedy, shameless woman'

Aye, the clue to the hypocrisy is in the title ... former chief executive!

the article is unfair ..... harriet green's bonus is thoroughly warranted for she turned a moribund company into something thriving once more ....

to attempt to link this remuneration package in some way to TCG's mishandling of these deaths is ridiculous, not least because the event occurred about 10 years ago (if i remember correctly) and well before HG's tenure ..... further, albeit that the advice looks wrong in hindsight, TCG were advised by their lawyers too keep a low profile

Exactly.

Harriet Green to donate a third of bonus to charity after backlash

i'm glad i sold all mine 10p or whatever higher
i don't think there be much long term damage to TCG, but equally, i see no reason to buy or even to hold ...... i reckon sp will gently slip away over the summer, perhaps giving a decent entry point in a few months time

Update

June 1: Nomura; Neutral - TP: 135p

June 2: Berenberg: Hold - TP: 130p

June 2: Berenberg: Hold - TP: 130p

June 5; Panmure Gordon reiterates: Buy - TP: 188p retained.