Hello Guys, being new to the topic of investing and the research into a company that comes with it, I see here a share of Thomas Cook that is confusing me.
Brilliant advances in the share price while profits tank away, debt stays high, revenue is generated by having elements of sales to leaseback activity which means less free cashflow in the future and the list goes on. Not to forget a slain on book value less than half from 2011 and being at even roughly a quarter what the company has been 2010. Then finally the cut back of a dividend for me is the cherry on top.
So I do wonder whether I am missing something or have a too pessimistic idea of the company. As mentioned I am new to the topic and I am happy for every slap in the neck that helps me to understand the situation better for the future. Thank you in advance!
Filed Under: Short Selling,