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Guessing JT chatting utter bs again?
Upward and onward from here
JT i cant believe you're still here. Biglnt posted a few days ago about how pathetic you are and it was the most recommended post i've even seen on this website. Take the hint.
At the moment M&G have been selling, for their own internal reasons imo....they may sell all or could have finished...either way, the market cap is very low and lockdown is easing globally....this suggests that that FJet is a going concern and flights will resume soon imo and so the sp will correct back up going forward...this will multibag soon imo
JT16, nobody cares for your bad excuse of derampings.
go and annoy someone else.
your not invested here.
you just tie this board up with nonsense.
you must be one sad lonely individual looking for a little bit of company anyway you can, I do however feel very sorry for you.
....
No subject
Hugely over done.0.30p coming today.Imo Dyor
Ratty been discussed on here before as Easy Jet do the same
My understanding is that it is easier for companies to input Sold out on the system rather that put cancelled, therefore a easier inputting system, therefore end of July is still the earliest they will fly unless the Government changes this.
That says it all.
Another notice will be made public that will pull the price further down.
Yes - expecting a good rise tomorrow.
Tomorrow cos a lot of good news about the aviation sector this weekend.... Flights are getting ready for take off and I hope FJET will be in the same position as well.
It would be nice to see the SP back over 0.20 levels tomorrow... Good luck all
Mysq.... I take it when God was handing out brains you thought he said trains and asked for a big one?!?
Miss G
:-)))))
I would tend to agree...just a tad.... BUT this is a Divestment which will entail shares been given up and they will no longer be the majority shareholders permitting a totally different and wide open way forward
Really ?
It is unrealistic to say £1.
According to the current scenario I strongly believe they will get the funding from SAHL and other investors- keeping in mind that SAHL is holding around 60% of the stock which they bought in 2018 during placing at 1p. So short term funding or Disposal of Fastjet Zimbabwe is possible. Which can suggest - 1p can be a realistic price if funds are sorted.
M & G selling completed.No more selling.Great news.Flights presuming week.Government Funding update week.Time to buy and hold.Hugely Under value entry.Dyor
I personally think they have enough funding from the government, did the government give them contracts during covid? Was this ill do as im told if i want my airline to survive? Numbers look abismal but there really making an effort booking flights and out of all the low cost airlines i have holdings i keep coming back to fjet for more or for the next 3-4weeks, Suppose ill find out soon enough. Fjet in my eyes is a wizz in the making.. I no its irrelevant but 240k followers on Instagram lol people like FJET. Go easy im new
What can I say, Red Baron an experienced investor he has concluded very well. My opinion "Charity begins at home", enough said...i need to learn even after 30 years..stay safe GLA
Very good advice from TRBarron. Nevermind 3.8 billion, Fastjet is not worth 1 million.
Erm are you kidding yourself! After multiple placings and share equity issues in the last 5 years since it last hit £1 There is 3.8 BILLION! Shares in issue so at the moment this company is worth £6 million ( how many planes do they own 10? Someone let me know x) so to hit £1 the company will be worth £3.8 billion absolutely not going to happen! It could reach 1p but this reminds me of millwall shares the last and only time I’ll own a million shares in a company ( after a share consolidation I now own one solitary share for £300! ) so be very careful trading this share people and be prepared to lose.
There are definitely plenty of good opportunities out there at the moment, but i think the main thing is that they are just simply protecting their capital, when a company puts in to question if it can "continue as a going concern" the responsible fund will always sell out, probably because its turned from investment to gamble.
They started off loading after the following was put into the trading statement.
"08 June 2020
The Company is still assessing its future funding requirements should the Disposal not proceed to enable it to continue as a going concern beyond 31 July 2020 and will issue an updated trading statement in the last week of June 2020."
date crossed date notified % RNS date
10/06/2020 12/06/2020 18.22 Monday 15/6/20
11/06/2020 15/06/2020 17.32 Tuesday 16/6/20
12/06/2020 16/06/2020 14.93 Tuesday 16/6/20
16/06/2020 18/06/2020 13.44 Friday 19/6/20
17 - 18 - 19 probably shifted another couple %, ~10-11%
My point was/is that most tend to follow the riches, and I don't think M & G are any different to most PI's.
It is likely that what ever they are selling off here will get bought up, IMO this has great potential, hence why I'm invested.