Thomas Cook (#TCG) – FY “expected lower underlying EBIT of £250m”
- 2018-11-27 00:29:34
UK 06:20 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I read in the Sunday press today that Club 18-30 is to close. Even during the mooted target age range, i had zero interest in going on one of its holidays and the only reason I am talking about it now is that the brand is amazingly currently owned by the staid old travel company Thomas Cook (TCG).
After my package holiday confessional contained within my last write-up on holiday company Thomas Cook (TCG) three months ago, I am keeping up my differentiated holiday strategy by heading off to west Wales during part of the upcoming half-term holiday break at the end of the month. Suffice to say west Wales does not figure in any of Thomas Cook's advertising...
Despite the multitude of cheesy ads on the TV begging us to book a holiday I use this regular slot for yet another confession: I have never been on a package holiday. To be honest, I doubt if I ever will...but fortunately the UK economy rolls on consumption preferences far different than my own. Which brings us to the recent comments by both Thomas Cook (TCG) and TUI (TUI), both big players in the travel market.
Hello Share Crushers. I’ve long held that travel operators are not an ideal choice for investment these days. This is based on the view that as people become more internet savvy, they see the economies of arranging their own holidays - thus eliminating the middle man. This makes it very hard to attain growth, and that’s what really drives share prices. And there are now other concerns on the horizon.
Bit of a Super Thursday in terms of the magnitude of results but the one that really caught my attention was Thomas Cook (TCG). 19%+ share price falls – at the time of writing - tend to do this. Of course the reason for this plunge off the diving board is the profits woopsie slipped in a few paragraphs into today’s first half update. And the reason? In a word: ‘Turkey’.
Recent months have proved to be intriguing as far as Thomas Cook (TCG) shares have been concerned on many levels, the technicals, the fundamentals and as far as market sentiment have been concerned.
Sadly Thomas Cook (TCG) did not as I had hoped serve up a profits warning today. Its shares are broadly unchanged at 122p but its trading statement is far from inspiring and the City knives are still out for PR obsessed CEO Harriet Green. She cannot afford to slip.
Andrew Monk heads up broker VSA Resources but in a former life was an airlines expert. He even set up one. It went tits up. But he knows how this industry operates and his views on THomas Cook (TCG) are clear. He noted this morning.
