Member Info for ALB1

Its certainly taken some time since last Sep...this week maybe?....

Anywhere between 13p to 18p ,,, depending on update/outcomes...

Should be valued at 10p now!! (assuming good progress is being made) then poss 15 to 17p ps on completion of deals.

Current $20m is £16m , they spent $1.3m in 2 months?... they have to reduce that spend though.... hopeful so. The IP and other royalties etc is the question...i.e what price....if £5 or £6m then thats a 16/17p sp...

Been a while since the last so there must be one soon.... any offers will/should be with them now. What will the outcome be....its either takeover, wind up, or some-other way forward.

May have $19m cash, then royalties $1m per annum growing.. and other IP which previously brought in $2.5m pa...could fetch a £20m offer,,,18p ps?... end of Nov now so update / news could arrive anyday..

With no RNS this may still open at 11/12p. Buyers will be in early and II's finished selling now...so mark up.. To much smoke to ignore....

Because 'On the verge of' is clearly mentioned in this article then an RNS may have to be issued to clarify...i stress 'may'

Rumour, if its true then RNS tomorrow as they will want to announce at a low SP.....maybe an RNS either way now a rumour is reported.. either truth in it or not!

Whichever way,,,, good luck.... i'm in till its decided.

...and regarding some of the tripe on here... no one, not even the MM's will have a clue which way this will go.... its all tight lips and squeaky clean....

Staying at these levels now...... good luck all genuine holders , IMO after todays action its either a deal/buyout at 20/25p ish or a rights issue at around 8/10p....

I dont think the BOD will have a say on any bid price, Hoskins have 20% now (maybe more) and that alone can force the hand of the BOD. Also, they need to think of their employees now ,,, not themselves. IMO around 30p offer may arrive, which is a steal. If not an accepted offer this will go hostile to a venture entity for asset strip & feed on the tax losses, even then 20p ps is probable. So the BOD need to be thoughtful and not dismiss offers like they did Stob in March!! otherwise they could entice huge job losses and assert stripping..

32/35p and thats a bargain

This SP is an absolute bargain...i hope it stays at 9p Monday....

Taking the slots info into account IMO no less than 30p ps will be accepted ...

In a note to clients, HSBC’s analysts pointed out that the two-thirds drop in Flybe’s share price since its profit warning on 17 October appears overdone, with the value of its assets ignored

They said that on a per-share basis, they value Flybe’s slot portfolio at 43p and its owned fleet at 79p, with balance sheet debt of 26p.

Minimum 20p....interesting times and expect a quick offer..

Can anyone explain/give insight on true NAV? its seems to me that after debt they have £12m cash in with Net assets of GBP118.6m, lets say £20m for 2018/19 losses this gives an easy £90m NAV... then routes etc etc.

..... Net assets increased to GBP118.6m (31(st) March 2018: GBP91.5m) reflecting improved hedging gains given adverse sterling and fuel price movements and a lower pension deficit.

-- Net debt increased to GBP82.1m including GBP70.6m cash (31(st) March 2018: GBP59.1m including GBP95.0m cash) reflecting the seasonality of cash and adverse sterling movements.

Have 20% !!