Just stating that a company can go to a third of cash don’t think that Nav is seen as a benchmark!
Flybe turnoverbesrky a billion and with slight cost savings could turn it into a 50 million profit with ease.
This has the nearly same valuation, dyor but I think Flybe is better value at the mo
Hi ya bud, I traded Genl heavily knew that was a winner :-) in Flybe 13p foot at 35.4p Looking at this one and I like their business offering but think this could fall a bit further first
Suggest you go and read a balance sheet. They have over 80 million in cash this secured trading for at least 4 years.
All they need to do is aggressively cost cut and follow the easyjet/Ryanair business model in a condensed way.
26 million pound mc is farcical looking for a bounce to 22pish very shortly
They have over 80 million in cash?? Comparisons with Monarch are absurd!
Cost cutting and a slight change of business model and they will be making a profit per year double the same as the current mc