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Thomas Cook Group PLC (TCG)     

goldfinger - 03 Aug 2010 08:03

Chart.aspx?Provider=EODIntra&Code=TCG&Si

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

Chris Carson - 23 Jun 2015 07:22 - 1461 of 1559


Thomas Cook repays 400m euros bond

StockMarketWire.com

Thomas Cook Group has completed the redemption in full of its 400m euros, 6.75 per cent Guaranteed Notes due 2015 at their maturity date, in accordance with the terms and conditions of the Notes.

The aggregate principal amount of the Notes redeemed was 284.57m euros. This follows the purchase by the Company earlier this year of 115.4m euros aggregate principal amount of the Notes by way of a tender offer, the results of which were announced on 20 February 2015.

This redemption follows the refinancing of the Company's banking facilities announced on 20 May 2015, and is in line with the Company's objectives to reduce debt and improve its capital structure.





midknight - 23 Jun 2015 10:53 - 1462 of 1559

June 23: Panmure Gordon reiterates: Buy - TP held: 188p

Haystack - 28 Jun 2015 19:21 - 1463 of 1559

There may be some negative fallout for TC. A woman on BBC just now was complaining that her tour company (Thomas Cook) had done nothing to get her out of the Tunisian resort and that they were getting no information from TC. They were told that they would be leaving right away. They went to the airport and discovered the TC plane had left in the middle of the night almost empty. She was ppretty angry and complaining a lot about TC.

Chris Carson - 28 Jun 2015 19:47 - 1464 of 1559

Fingers crossed I went short @ 148.25

Haystack - 29 Jun 2015 11:01 - 1465 of 1559

Bad PR again. They seem accident prone.

http://www.mirror.co.uk/news/world-news/tunisia-hotel-attack-thomas-cook-5956877

Holiday firm Thomas Cook has confirmed it will not refund any holidays booked for Tunisia to begin after July 4th.

The announcement will affect hundreds of customers who had paid deposits on breaks in the North African nation before today's massacre in the resort of Sousse.

At least 39 people, including five Britons, were killed when a gunman opened fire on holidaymakers.

The incident, which comes after an attack on the Bardo Museum in Tunis in March which left 24 dead, has led to a flood of requests from travellers for their money back from tour operators.

In a statement today Thomas Cook said that it was offering customers due to travel to Tunisia "up to and including 4th July the opportunity to cancel or amend their holiday free of charge.

"For those travelling from 5th July, we are offering to amend their bookings to Tunisia free of charge for holidays departing up to and including 31st July 2015."

This means customers with holidays booked after July 4th will not get refunds.

Chris Carson - 29 Jun 2015 23:22 - 1466 of 1559

Chart.aspx?Provider=EODIntra&Code=TCG&Si


Not the most encouraging chart, but wtfdik.

midknight - 01 Jul 2015 10:09 - 1467 of 1559

News

July 1: Credit Suisse: Outperform - TP: 165p

HARRYCAT - 06 Jul 2015 09:47 - 1468 of 1559

Hmmmm....120p anyone? Makes the broker TP's look a bit ridiculous.

Chris Carson - 06 Jul 2015 09:54 - 1469 of 1559

Moved my stop to 128.25 lock in + 20. Probably due a dead cat bounce.

midknight - 06 Jul 2015 09:57 - 1470 of 1559

This ,fund manager is buying TC on the dips.

Haystack - 06 Jul 2015 09:59 - 1471 of 1559

I guess your short is doing well. So much for brokers' recommendations!

midknight - 09 Jul 2015 10:08 - 1472 of 1559

Thomas Cook appoints former Sainsbury's boss to lead review

Haystack - 10 Jul 2015 14:09 - 1473 of 1559

A holidaymaker in Tunisia was on Sky news a few moments ago complaining about the poor way that Thomas Cook was treating them.

midknight - 13 Jul 2015 09:49 - 1474 of 1559

July 13: Citigroup: Neutral - TP: 150p

Chris Carson - 14 Jul 2015 08:55 - 1475 of 1559

Punt long @ 130.72 initial target 160p tight stop 119.0

Q3 2015 results 30/07.

mentor - 17 Jul 2015 11:24 - 1476 of 1559

looks like she wants to bounce back after the recent fall
Indicators ready for that and MACD gone bullish on moving over "0"

Chart.aspx?Provider=EODIntra&Code=TCG&SiChart.aspx?Provider=Intra&Code=TCG&Size=

midknight - 27 Jul 2015 09:39 - 1478 of 1559

Greek and Tunisia crises set to hit Thomas Cook

Results on Thursday.

July 27: Citigroup: Neutral - TP: 150p

Chris Carson - 30 Jul 2015 07:44 - 1479 of 1559

Thomas Cook Group narrows Q3 pretax loss

StockMarketWire.com

Thomas Cook Group has narrowed its Q3 pretax loss to £44m, from a loss of £81m. Revenue was £1.95bn, from £2.22bn. Overall, the group said it performed in line with management's expectations for the quarter.

"Despite the weaker bookings position highlighted at our interim results, our UK, Continental Europe and Northern Europe businesses have all delivered increased EBIT, while Airlines Germany is slightly behind last year's strong comparator," it said in a statement.

"However, our fourth quarter bookings have been disrupted by events in Tunisia and Greece, which we expect will reduce Group EBIT for the full year by approximately £25 million, compared with our previous expectations.

"In addition, based on current rates, we expect foreign exchange translation to reduce full year Group EBIT by approximately £39 million, up from the £25 million we announced at our interim results due to further depreciation of the Euro and Swedish Krona against the Pound. On a constant currency basis, we nevertheless remain confident that Thomas Cook will achieve growth in FY15."

Highlights:

· Twelfth consecutive quarter of improved profitability

· Operating profit increased by £53 million for the quarter

· Net debt reduced by £111 million to £392 million

· Good progress in developing joint initiatives with our strategic partner, Fosun

· Summer holiday bookings to most destinations are in line with expectations

· However, the recent tragic events in Tunisia, and concerns regarding Greece's potential exit from the Euro, are expected to impact FY15 EBIT by approximately £25 million

· The foreign exchange translation impact on FY15 EBIT is expected to be £39 million (up from £25 million at our interim results), following further depreciation of the Euro and Swedish Krona against the Pound

· Despite these impacts, we continue to expect growth in FY15 on a constant currency basis

midknight - 30 Jul 2015 12:18 - 1480 of 1559

July 30: Numis: Hold - TP: 130p
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