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Fastjet Share Chat (FJET)



Share Price: 24.00Bid: 23.50Ask: 24.50Change: 0.00 (0.00%)No Movement on Fastjet
Spread: 1.00Spread as %: 4.26%Open: 24.00High: 24.00Low: 24.00Yesterday’s Close: 24.00


Share Discussion for Fastjet


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Ronwin
Posts: 1,150
Off Topic
Opinion:No Opinion
Price:24.00
A steady day
Today 20:32
I think that reflects satisfaction that Colin is staying as Chairman. Nico is developing a plan too. If he comes up with a good plan then that may well support the SP and encourage investment.

The unknown is how much they will want to raise. Costs have been trimmed and I would very much doubt that Nico's plans will be of the order of Ed's. My guess is we will be down to three of the larger planes and be investing in some smaller aircraft to utilise the airports we can not reach at the moment. Unlike the previous cash call the plans would not, In my view, entail rapid expansion.

Today's stability indicates the iis are still on board, even Easygroup.
 
Pokerchips
Posts: 2,029
Off Topic
Opinion:No Opinion
Price:24.00
RE: Share Price
Today 20:19
Well in fairness the "expectation" may well be there but the terms of the funding certainly are not...which I think is what Beretta was refering to....

No one would agree funding without knowing the current trading and agreeing to an action plan and its costs.
It has probably needed Nico's sane head to get something agreed.

They will have to "sell" their "phoenix" plan pretty hard ....

Looks like another waste of money lies ahead in funding costs and the change of plan before anyone can think of "profits"

What does wonder what Nico must have thought whilst at Mango Air when he saw Ed Winter's expansion plans ..
B787
Posts: 831
Off Topic
Opinion:Strong Buy
Price:24.00
RE: Share Price
Today 19:30
That's what a current share price in any company reflects - the sentiment of shareholders and what they are willing to pay based on all the facts available to them. Low load factors and imminent fundraising are among those facts with regards to fastjet. That's the way the stockmarket works. Situations and the information available changes, and you can win or lose. Simple.

So, yes I do think so :)
Pokerchips
Posts: 2,029
Off Topic
Opinion:No Opinion
Price:24.00
RE: Share Price
Today 18:58
" So, yes, of course this is already factored into the share price."

Oh you think so !!!

So you dont think the pathetic load factor had much to do with the sell off, amongst a host of other reasons..

Beretta is right , this could go down a lot more ..

.FJET are grovelling for funds and anyone lending them anything or investing here will play a hard bargain and demand less than you reckon...

Unless they get some other company to invest with a stake in the company...something which will no doubt end up in them being taken over and rebranded..

FJET are in a financial mess. They arent in a position to negotiate good terms ...

Any awards wont matter when it comes to money on the table
B787
Posts: 831
Off Topic
Opinion:Strong Buy
Price:24.00
RE: Share Price
Today 17:39
Beretta, you must have missed it, but investors were told through a trading statement, yesterday I think, that fundraising would take place in July. And this was already being predicted.

So, yes, of course this is already factored into the share price. That's partly why the share price is not at the 70p+ that it was at, at beginning of the year or the mid forties it was at a week or two ago.

I wasn't targeting you personally when I said several derampers were completely wrong when they predicted that fastjet would be finished long before now, however, I have obviously hit a nerve. My apologies.
Beretta
Posts: 119
Off Topic
Opinion:No Opinion
Price:24.00
RE: Share Price
Today 17:27
"The current share price already has factored in expectations of a fund raising in the near future."

You don't know that, I think it's wishful thinking to assume it.

The offer price would need to be extremely attractive and if it was 10p (as an example) do you really think the current price would hold?

Get a grip man!
B787
Posts: 831
Off Topic
Opinion:Strong Buy
Price:24.00
Share Price
Today 15:31
The current share price already has factored in expectations of a fund raising in the near future.

Looks like all those predicting over the last couple of years that fastjet wouldn't be around much longer were completely wrong. As was I up until now with my prediction that this was a strong buy. At some stage I still expect this to succeed.

There will be a successful leading low cost carrier in Africa at some point in the future. The question is just when and if this will be fastjet.
HappyRob
Posts: 1,400
Off Topic
Opinion:No Opinion
Price:24.00
Pesapal
Today 12:46
A new way to pay
Marksman
Posts: 2,098
Observation
Opinion:No Opinion
Price:24.00
View Thread (2)
Another award won
Today 09:53
fastjet are still doing SOME things right it seems. We have won a major award again to add to our slowly-growing list:
http://www.engineeringnews.co.za/article/fastjet-once-again-wins-transport-africas-innovation-award-2016-06-29




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