Thomas Cook – 98p

13 March 2013 – strategy update

The group has revealed a strategic update which has earmarked another £50m of cost savings whilst it expects there will be more to come.  The group’s business transformation is gathering momentum and despite the rise in the share price there could still be further to go.  For those readers who have already top-sliced it may well be worth hanging on although those readers who bought on our tip at 17.5p last October may wish to top-slice now.  HOLD.

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