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Forum: Terms and Endearment

15th Jul 2019, 10:23

Replies: 124

Thomas Cook-Beware

Views: 205,506

Posted By Capt Scribble

PA , you have mixed up the loss for the year with...

PA , you have mixed up the loss for the year with the debt. The half-year loss was indeed around £1.5 bn because of the write-down, one could be kind and say most of the loss was not ‘real money’....

Forum: Terms and Endearment

9th Jul 2019, 14:50

Replies: 124

Thomas Cook-Beware

Views: 205,506

Posted By Capt Scribble

@Raski, The share price would indicate otherwise....

@Raski, The share price would indicate otherwise. You are correct re the airline, I was referring to the PLC which is now at the level of debt that MYT plc and TCX plc restructured on previous...

Forum: Terms and Endearment

7th Jul 2019, 19:14

Replies: 124

Thomas Cook-Beware

Views: 205,506

Posted By Capt Scribble

As the Company is close to bankrupt, it will be a...

As the Company is close to bankrupt, it will be a choice of restructuring or restructuring and the shareholders taking a hit (again). The airline might get off lightly as there will still be all...

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