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What's the score at MyTravel?

Share price fell 80% today. Is a takeover on the cards? Any info from Softlad?

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By: Saab 2000 - 18th October 2002 at 15:36

RE: What’s the score at MyTravel?

[updated:LAST EDITED ON 18-10-02 AT 04:08 PM (GMT)]Lunn Poly are taking MyTravel holidays off the shelf after fears that the company is in deep financial trouble.However,MyTravel are saying there is no need for passengers to worry.

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By: SOFTLAD - 17th October 2002 at 20:26

RE: What’s the score at MyTravel?

It does tend to change a great deal.One month i might get 3 to 4 long haul sectors and then the next i wont get any,it just depends on what the computer in rostering throws at u ???
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By: T5 - 17th October 2002 at 19:38

RE: What’s the score at MyTravel?

SOFTLAD – What routes do you usually fly with MYT? Does it vary or is it just either short haul or long haul?

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By: SOFTLAD - 17th October 2002 at 18:44

RE: What’s the score at MyTravel?

Where do i start ? Right the reason why the shares have crashed is due to some accounting problems and also that the estimated profits have fallen a long way short.Dont know the full ins and out.However 2 days ago the cheif ex was forced to resign but still got a pay off of 1 million ? Thats seems really fair after he has trashed the company ? Anyway to save boring you all David Crossland has taken over again and come out of retirement to try save the company he started as 1 travel agency over 30 years ago.As far as i know the company is not in trouble but the lack of confidence in the city is dragging the share price down.However at present First Choice and 2 unamed u.s companys are looking to buy us ? On the plus side the company has over 250 million spare in the bank and they have already sold 81% of next summers holidays.Lets see what happens ??

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