Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Are things that bad nobody is talking about this company anymore?
Why is everyone bailing out.
Well maybe company is trying to sweeten the deal for the sell off. All seems very shady. The one that gets me is often they say they need running funds and only have enough to last until the following month. Not brilliant comments to make if your trying to sell that bit to another. Tends to give the opposition bargaining power Or is there another rational reason. What I want to know is if this deal goes through what will be left and what is the future ??
Those routes will go with the disposal if it happens so not be of any advantage to us.
Well looks like everyone is getting out nobody wants to get stung.
Simple there’s no money left to fuel jets and pay expenses. The transfer will go through like the Flybe deal for all the right reasons and the shareholders will get stuffed the same way Flybe shareholders were. Nothing we can do as we’re not the majority shareholders. We will just be left with a brand... what good is that to us ???
Old news. Job vacancies were advertised before Christmas. This will all transfer over if the sale goes through. Working capital and debt is the issue. Anyone smell a rat. Flybe comes to mind. Think we will all get stuffed at the last minute again!!
Think this is a done deal .... although anything could happen down there. Don’t think our shares will transfer over. What concerns me is the possibility our company sells off effectively the actual flying business and just becomes a brand name with the suggestion of buying up other successful businesses.... where the money to buy those would come from is another question. It’s interesting how debt is dropping and income is rising, but all this benefit it’s proposed to pass over. Bizarre really after years of debt we just getting close to getting rid of it with rising income and we’re going to pass that over for short term working capital. Personally think of all the times they should have turned to shareholders this is it
Ok what’s going on. Share price going up on the back of some decent buys. Why ?
I was more concerned with the sales. The economics don’t make sense as there are selling fees which make it a total loss to sell
What causes all these small share sales which must cost more in fees ??
What do you mean.
Fly or still parked? Anyone have any news ? Very quiet at the moment other than advertising for cabin crew which in any case if the deal goes ahead won’t be for the company side we would be left with.
Well if you listen to all the doubters on here there getting ready to go pear shaped. Must be some secret scheme to get more money out of shareholders.
May .... just maybe there’s a plan to get this company debt free and and in gear. Shh keep it a secret or we will get bashed again by all the pessimistic major shareholders.
Ps thanks for the update get sick of the dog’s barking on here.
Have some faith. See the good points. Not many I know. But.... if this deal goes ahead the company will be debt free. It’s been resilient and it’s still here. New management I have faith in and we should give it a chance. If it’s not your bag don’t back stab leave it with those that think it’s worth the risk.
Is it true Hoskings has reduced its share holding in Flybe?
It seems to me that this has been a manufactured situation in the making from around the time the initial decent offer was rejected. This is why us plumbs bought at face informed information even considering HSBC RECEMENDATION which still has not changed. Meanwhile the company was down grading the company so it could do what the hell it wants. It was interesting to read about the pilot who was suspended for expressing his concerns including his financial loss being his investment in the company. There is no doubt this is a very sick and perverse situation that has took advantage of thousands of investors and even Flybe staff who will be crapping themselves as they can’t speak out. As investors we are entitled to some protection. This is criminal and should be reported to the serious fraud office.
Are they not negligent,
Do they not owe a fiduciary duty of care..... particularly as that buy recommendation never changed
It’s ironic that on the 8th November HSBC RECOMMENDATION IS BUY.
The BOD are threatening its shareholders with winding up the company if they don’t accept the offer. What sort of conduct is that. They say shareholders won’t get a penny if they don’t back the winding up. It speaks bounds.
However if the shareholders vote against the company Kohn becomes chair the company won’t be wound up and the company holds the cash allowing those that need to investigate the opportunity to do so for however long it takes. Also yes this is a shell company in its own right a viable asset. Who knows the assets of a recently defunked airline may be bought.... In the meantime someone needs to watch out for any bonfires or bags of shredded paper at Flybe head quarters. Shareholders should keep hold of there shares, vote against the BOD they have some chance of gaining something better than 1p and in any case should not be complicit in endorsing the criminal disgraceful acts that of took place. This is our company using our money with out us there would be NO BOD !