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Thomas Cook: forget a holiday, time for a takeover?

By Chris Bailey of Financial Orbit | Sunday 21 April 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


As I write it is beautiful staycation weather outside which is wonderful news for many but potentially not so good for travel names such as Thomas Cook (TCG) which are focused almost exclusively on sending holidaymakers to foreign climes.  Of course I have spoken about the company before  - and my February call was looking downright shabby, even if there has been a touch of moving away from a Brexit cliff edge (the Halloween postponement) which has aided some of my other travel sector plays such as easyJet (EZJ) over the last week or two. 

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