I couldn't agree more. 10 times absolute max. Management scare the wits out of investors with huge so called one-off's and don't even have the decency to say whether the dividend is safe or not or even mention the quantum of the head office cost savings. Beggars belief and really highlights the inexperience of this company in dealing with the investing public in my opinion. It occurs to me they really don't care. The impression I gather is as long as their snouts are in the trough gobbling up as much as they can, shareholders are just a nuisance inconvenience.
Trust us we know what we're doing. Yeah right ! is it too early for a Tui ?