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100% pure speculation about Amazon but there was a poster here who said there are rumours on social media stating that Amazon are setting up a freight operation and warehouse at the airport.
What are you on about amazon??
What are you on about amozon??
What are you on about amozon??
anymore insights on the amazon buzz?
haha, me too!
bugger! i just managed to read up about this now...a bit late today. what an excellent buying opportunity again, for STOB!!! yielding almost 6% per annum at these price levels with a good chance of capital appreciation within 1 year. unbelievable!
started ok , just over 108p
Tav - no mate they haven't, STOB utilised there remaining holding for the £50m bond raise, in the spring post the annuals.
Check out the rns a few months ago. it gave STOB the working capital for for the investments in its two major divisions.
I said at the time that this was an excellent way to raise funds, for cap. ex. to create future growth.
G
Gerry, I did'nt realise that have stob disposed of their esl?
The ESL suspension, may well offer a cheap buy in opportunity, over there when the the suspension is lifted. not great news for existing ESL shareholders though. i'll be keeping an eye on any potential investment opportunities, that become available
The STOB bond raise of £50m utilising its holding in ESL, looks very fortunately timed, in hindsight.
The £50m is presently being utilised by STOB to complete its planned infrastructure plans for its 2019 -2020 expansion and developments mainly in its aviation and energy divisions.
G
Suspension of esl and accounting problems at that company will no doubt affect stob adversley today- question is how much?
Hi Gerry, and in September you got Stobart Group Ltd - Pre-Close Trading Statement
Hi Volcano - yep more great news at Southend with this latest 5 year agreement with Wizz.
initially only limited destinations, but i'd expect other routes may well become available in future months and years.
I'm looming forward to the interims due out at the end of Oct.
G
Wizz Air signed and rumours on social media stating that Amazon are setting up a freight operation and warehouse at SEN! It should be a good year!
22 August 2019
STOBART GROUP LIMITED
('Stobart Group' or 'the Company')
London Southend Airport signs agreement with Wizz Air