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They raised more than I expected. I opted not to partake as I expected the SP to drop back and have no confidence in the company. The CEO and Finance Director are not impressive or convincing and I was waiting to see if they put their money where their mouth is.................looks like they don't have confidence in the future either
Yeah agreed, although perhaps not a generation. Sharm el Sheikh had bombings and it recovered, albeit not to the same extent
Whilst it is a reasonably good RNS for Jan traffic, I think the outlook is very much uncertain. I highly doubt Israel flights will reconvene next month, the conflict shows no sign of easing and it will still be too dangerous to fly to Tel Aviv.
They reduced their short by a further 0.12% yesterday, to stand at 0.46%
Millenium Capital reduced their short by 0.06% on 26 Jan to 0.58%
Reasonably reassuring trading update, looks like we might have seen the bottom now. The outlook will need to improve to see the SP get a real injection though. Time for the board to deliver on their plans
Not great results from them!
Q3 profit fell from 211m Euros last yr to 15m Euros this year. Profit guidance also dropped for FY!
Trouble with Boeing and 3rd party booking websites.
https://www.bbc.co.uk/news/business-68126413
Q4 also not looking good for them!
While we will benefit from the first half of Easter traffic falling in late Mar., this is unlikely to fully offset the weaker than previously expected load factors and yields in late Q3 and early Q4.
That's probably the final nail in the coffin. Can't see how this is going to survive. It needs a cash injection and no prospect of commercialisation in the near term.
A £30k a yr contract means we've cracked the States.................I've read it all now haha
True, although it's an old building in a poor state from what I understand. I can't remember what value GTC had on it in the books.............I do recall £1m mentioned at one time perhaps. I note the current office is only valued at £860k, which is bigger and more modern........so doesn't sound like they got a bad deal for Kitson House
Wizz up 6%
Ryanair up 0.4%
Easyjet up 1.2%
Because we've got rid of the weak
Because they wanted to grow their US investor base. It’s not really worked as they planned though
Haha the remoaners are hilarious. Can never lose that chip on their shoulder
More lies from our resident troll.............shorts increased from 1.07% to 1.13%. Hardly groundbreaking, particularly since they've dropped over 2% in the past couple of months