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Old 29th Nov 2011, 21:22
  #143 (permalink)  
deepknight
 
Join Date: Nov 2011
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Has anyone noticed a bit of a disjoint here? Whenever the media gets the aircraft type wrong in a story, or fails to understand some other detail, we scream at them for their inaccuracy. Yet we're perfectly happy to accept pronouncements on financial or operational issues when a company's having a hard time without question. If you look at the recent press covergage of TC, most of it is recycled stories based on a handful of quotes from analysts - and we know how infalable they are. I'm not saying TC doesn't face a hard road ahead, of course it does. But if you seriously study the coverage, you will see most of it is reporting someone else's view. The only people who know the true state of TC are the board and the bankers. At the moment they both seem agreed on a strategy for survival. The old group management has been ruthlessly culled, the disposals are already underway and sometime around the 12 Dec the group will announce its profits...yes PROFITS...and its plans for the future. Today the company began its fightback with full page press adverts. If you seriously think the investers and their bankers will casually allow almost £9 BILLION in world-wide sales to slip through their fingers...
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