Member Info for Dinoken

Any more sales expected 2018-19 ?

Not greek, but german :
DEUTSCHE BANK CUTS ROYAL BANK OF SCOTLAND PRICE TARGET TO 300 (318) PENCE - 'BUY'
Better news from UK :
BARCLAYS RAISES RBS PRICE TARGET TO 340 (330) PENCE - 'OVERWEIGHT'

Buy back now - you kidding ? They should wait until after the November update, then with sp below 10, they could buy up virtually the whole company for 5m. Lets face it, FLYB is heavily loss making next year (20m), loss making the year after (10m), and scarcely in profit in 2021 (1m). Whats the point in wasting 5m buying shares in this company ? All FLYB does is pay the BODs salaries which are comparatively higher than they should be for a company this size. COW alone is seriously overpaid.

Forecasts/salary details quoted above are in the public realm - you could not make them up ...
Forecasts are from several analysts.

Down pub laughing at latest forecasts for FLYB to make a profit. Seems that profit expected in 2021 (£1m) after losses of £20m in 2019 and £10m in 2020. Cash Runway is such that this means that FLYB should just reach a profit before funds run out, saved by positive cash flow. Believe that when I see it. Got to be the next penny share for the next three years unless someone comes in and takes it out. On positive side, DCF now 39 down from 57 pre Stobart bid. As for Stobart, with the famous cabinet maker now in court, cannot see a bid from that quarter. TGIF

Jabh - thx for pointing out divi/buyback forecast is in powerpoint on RBS Results centre rather than part of Q3, where link to Results Centre is included in Q3 announcement. I had missed the link.

Garydav2 - link below as requested.
In another article, it stated that HSBC had slashed airlines in general and gave figures for all airlines apart from FLYB.
This article includes FLYB near bottom.
London Stock Exchange site under Flybe, Alliance News, October 18 2018
https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1539851705517895400.html

Missed this one earlier :
HSBC CUTS FLYBE GROUP PRICE TARGET TO 20 (43) PENCE - 'HOLD'
Well below Numis/Liberium, but miles higher than sp ...

Profits up but not meeting forecasts, now got impairments for Brexit rather than PPI/conduct, no buyback or special dividend in sight. Surprised sp is not swimming like a brick - only 5% down so far.

swest42 - do you work for Barclays ?
Broker note last week :
16-Oct-18:Barclays-Overweight-914.00

Sounds about right.

230 or 220 ? Assuming good or neutral Brexit outcome - this should rebound :
"Banks have been hit much harder than the rest of the FTSE 350, which is down around 8% in the same period.

Confidence in UK domestic lenders, currently trading on just 7-7.5 times earnings estimates for 2019, is mostly weak due to Brexit fears, said Lee Wild, head of equity strategy at Interactive Investor.

"UK interest rates have risen slightly, which is normally good for bank sector margins as lenders typically increase the cost of mortgages and loans more than savings rates," he said. "But borrowing costs remain at historically low levels, and any downturn in the economy - possibly triggered by a messy Brexit - could negatively impact on demand for bank products."

superzero8 - thanks for your reply. Heights is a contract manufacturer but do you think they are up to producing a Gen3 machine ? Their website does not give a customer list or mention REDT.

At Flybe.
Number cruncher just told me that although Flybe is loss making, according to latest figures, they actually still have sufficient cash runway for more than 3 years - providing they maintain the current positive free cash flow. Assuming they can, then dilution not needed - yet. But DYOR

OldFool13 - Jabil tooling up ? REDT does not even get a mention on the Jabil site. Tooling up typically takes at least 6 months until commissioning. Like you, not convinced they will be producing until Q2 at the earliest. However, was there somewhere a comment from REDT that there is also a UK based manufacturing facility capable of doing bespoke jobs in shorter timescale ?

In Scotland - not Exeter. You cannot call anyone earning that much and delivering so little mad. Well above other CEOs but for how much longer ?

Finally - can buy at 7.03 but cannot sell. Been told that the OILQ might be price stabilisation after placing. Certainly stopped sp freefall yesterday.

I'm with Barclays and cannot get a buy or sell price.

Is your first name Sam ?

OK - went to lunch with sp tanking, came back to find sp up due to trades with trade flag OILQ - type of negotiated trade waiver (negotiated trade type). What does this actually mean ? Anyone ?

IMO - its more to do with the exchange rate - check the timings yourself ...

MARS is also the world's largest brewer of cask ale.