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Thomas Cook shares halve on news of bank talks

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Comments

  • reweird
    reweird Posts: 281 Forumite
    You forgot to log into your other account sibley
    Why would any bull need let alone have a seperate account, especially Sibbers or MrRee who more than happily speak their mind.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 23 November 2011 at 1:14AM
    Some UK funds owned these shares and have lost alot of money presuming the company profits are as badly impaired as thought. Bonds > Shares
    I remember this was a Questor tip also, opps?

    http://www.morningstar.co.uk/uk/news/article.aspx?articleid=102345&categoryid=5&refsource=dailynewsletter


    Sounds like a gamble to me, why are you presuming the situation is going to be less worse.
    The company could trade for years forward and the shares would still not be worth much so long as the company only ever has enough to pay its bills. Market cap is 171m, do they have assets as well as debt
  • Jimmy_31 wrote: »
    "If only" eh, lend me 10k so i can buy a wife.

    Would 10k get me a wife or a top of the range wife (not too sure on wife prices).

    Best post ever!
  • Some UK funds owned these shares and have lost alot of money presuming the company profits are as badly impaired as thought. Bonds > Shares
    I remember this was a Questor tip also, opps?



    I like Questor, but this has been a disaster for them.

    Tipped as a BUY in August 2010 at 177p and re-visited as a HOLD in July 2011 at 88p

    Trading this morning at 10p.

    Oops indeed.
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
  • Thomas Cook PLC's 5 major shareholders as of August 2011 are:

    Lloyds Banking Group - 9%
    Blackrock Inc - 4.99%
    AXA SA - 4.8%
    Massachusetts Financial Services Company - 4.65%
    Standard Life Investments - 4.14%
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • IronWolf
    IronWolf Posts: 6,465 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Some UK funds owned these shares and have lost alot of money presuming the company profits are as badly impaired as thought. Bonds > Shares
    I remember this was a Questor tip also, opps?

    http://www.morningstar.co.uk/uk/news/article.aspx?articleid=102345&categoryid=5&refsource=dailynewsletter


    Sounds like a gamble to me, why are you presuming the situation is going to be less worse.
    The company could trade for years forward and the shares would still not be worth much so long as the company only ever has enough to pay its bills. Market cap is 171m, do they have assets as well as debt

    Oh b*lls, thanks for that, i have some money in a Scottish Widows UT that my grandma left me, I meant to cash it in a few weeks ago and invest in something better but was too lazy. Damn my idleness.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • RJP33
    RJP33 Posts: 339 Forumite
    27% return in one day, that's enough for me, I'm out.
  • MrRee wrote: »
    I would add that I am very proud of my MrRee posts

    ......Why?
  • RJP33 wrote: »
    27% return in one day, that's enough for me, I'm out.


    Was this on the Fantasy Island stock exchange ?
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
  • RJP33
    RJP33 Posts: 339 Forumite
    Kennyboy66 wrote: »
    Was this on the Fantasy Island stock exchange ?

    Today's price vs yesterdays actually, in what we call the real world.

    See for yourself - http://finance.yahoo.com/q?s=TCG.L&ql=0
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