Member Info for ALB1

20p is prob the max here..... HSBC mentioned this figure and its probably fair value at present.. IMO it will be took over.

20 to 25p ps offer...

Being orchestrated....someone buying heavy....

Once the II's have finished dumping..... someone is buying heavy!!!! only reason why we are not at 17/20p IMO

moniman, take your losses from PETS and make some good profit back here..

Take your losses from PETS and make some good profit back here..

Too cheap..hence HSBC buy note... on the back of II's selling too... Would be at 17/20p if not for the II's selling. Better £/$ Currency, cheaper oil and II end of selling should see 17/20p after the 14th.

..Check out Fastjets MC....£10m current MC and their sp is at NAV!!.... goes to show how undervalued we are here...

Would be at 17/20p if not for the II's selling.....someone has bought around 12/15% though?...

deltalo, still invested here.. like i say ....II's are reducing ... someone seems to be buying in decent chunks ... seems to be at a bargain basement MC but time will tell on what the real story is.

deltalo, 'it's at rock bottom price' depends on if there is a rights issue on its way?.. II's are reducing we know however why?... someone seems to be buying in decent chunks but who?... seems to be at a bargain basement MC true but time will tell on what the real story is. Is it a bid / rights issue or simply II's reducing due to currency & brexit uncertainties.

Someone is definitely building a very large % holding here...soon find out!

Someone has bought 14% from Aberforth since 19.06.18. Not sure who Hosking Partners are at 18.96% on that date.?

19/06/18....Aberforth Partners 24.84 53,822,131
Hosking Partners 18.96 41,088,583
T Rowe Price Associates 8.63 18,690,764
Pelham Capital
Management
8.37 18,127,663
Columbia Threadneedle
Investments
4.52 9,801,115
Eden Alpha 3.00 6,500,000
Barclays Wealth
Management
1.64 3,543,272
HSBC Global Wealth
Management (UK) 1.03 2,234,259

The 1m buy could be that.. or a sell from earlier,,,who knows. Difficult to tell now...

Not sure if anyone can bid (if one there) for the coy during closed period?..

BTFAITH......latest balance sheet showed NAV at £93m, thats after debt and other current liabilities. Aircraft total assets worth £286.7.....amazing!
2018
£m
2017
(restated)1
£m
Change
£m
Aircraft 286.7 283.6 3.1
Other property, plant
and equipment 21.5 21.8 (0.3)
Intangibles 11.8 11.9 (0.1)
Net debt (59.1) (64.0) 4.9
Net derivative financial
instruments (0.9) 24.5 (25.4)
Other working capital –
net current liabilities (148.3) (129.7) (18.6)
Deferred taxation 3.8 (0.6) 4.4
Defined benefit pension
scheme deficit (18.8) (20.8) 2.0
Other non-current liabilities (3.6) (1.8) (1.8)
Net assets 93.1 124.9 (31.8)
Net current liabilities (79.0) (10.6) (68.4)
Net non-current assets 172.1 135.5 36.6
Net assets 93.1 124.9 (31.8)

Scully... no one is shorting IMO. Solely II's selling causing this fall..... we shall see if they are presenting a buying op' for PI's....or not!

The II's are pissed off.... and selling creating this fall from around 17/20p. If they didn't sell up the price would have been stable around 17/20p IMO. The only reasons for this are 1. To entice a bid. 2. They know of a rights issue and will buy back cheaper. 3. To force a bid or issue (s) as the BOD may not be accommodating,, i.e. so pressure them. Unfortunately for longs & staff with shares the BOD are in a closed period and cannot comment. This could mean worse to come for the SP in the next weeks. There is a buyer though ! who is it??... Apart from that , its a shame this coy is being destroyed by the current II's.

IMO we are an exciting proposition for someone who can ride out the currency issues,,, which if improve,, along with a lower oil price means a huge recovery play if not taken over. The coy has and will be in the mean time reducing costs as best as possible. You have to hold, wait and take that chance though....risk / reward