Member Info for Fossiebeer

New route to Maun started today

https://twitter.com/fastjet/status/1542449447115919360?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

In the auction that closed on 25th May 2022, no shares traded. The lowest offer was 0.01 pence per share.

The next auction will close at 4pm on the 31st August 2022.

My feeling on this is that shares are unlikely to trade until at least the next results are know. If going by the last year, these wont be published until November time.
Keep the faith everyone, whilst the aircraft are flying there is still optimism regarding the outlook for this company
IMHO / DYOR. etc etc.

Well I might as well keep this updated, from the Asset Match website:

"In the auction that closed on 23rd February 2022, no shares traded. The lowest offer was 0.01 pence per share".

No real surprises there, but good luck with the new route to MQP with first flight on Wednesday 16-Mar-22.

This year Q4. EZJ never make a profit in the winter or spring, never have, probably never will. All the profit comes in the summer and so long as there is no war with Russia, no summer pandemic, or anything else to put a stick in the spokes, there is no reason to think that there will not be a profit after this summer. Bookings are apparently good, both flights and hotels, people have not been cancelling, just put back, so all in all, this share, this company, is in a good place to make a profit in Q4.

https://twitter.com/fastjet/status/1486779889944510473
https://www.fastjet.com/en/fastjet-blog/feature-articles/fastjet-introduces-victoria-falls-maun-flights

Looks like the 4th aircraft was for a good reason!!!

Hopefully only one flight has been affected and its not a long term outage.

Good find Marksman, but I wonder why they need a 4th aircraft, the 3 they currently have are only being used maybe 2 or 4 sectors a day, nowhere near enough. Now if this 4th aircraft is for additional expansion, maybe routes to Cape Town, Gaborone, Lusaka maybe, then fair enough. But I don't really see the need for a 4th aircraft at this time with the sectors they currently have in hand on a daily basis.
The only other reason I can think of is this a Solenta aircraft which hasn't been used and they want it off their hands.

Also ex-FOGL, average 14.48p so in a better position than a lot on this board.
Was going to just try and get back to average but with NAVITAS on the horizon, I am tempted to hold on a bit, lets wait and see the outcome of the FID from them.

Still around and still hoping. I keep following FJET on twitter and on ASSET match to look for any updates and will post accordingly.
As I've said before, I'm only a small investor but 99.97% loss is the same to me as it is to you and wont throw money away needlessly, hence still have my holding. Good luck in 2022 for anyone else still holding, and lets hope things improve further.

Anyone know when they announce this quarter's dividend? The interim statement only mentions what has been paid in the past.

Well I was going to post the results of the last auction, which by the way was nil bought or sold, but came across this which was published on the 22-Nov-21, the annual report for 2020. To be fair it is not all doom and gloom; whilst they made an operating loss, overall the Group reported a profit for the year of US$1.8m, and this despite the restrictions from Covid pandemic. All is not lost with this company, and hope for better things this and subsequent years!

https://www.fastjet.com/upload/RNS%20articles/RNS%202020/fastjet%20Limited%20-%20Annual%20Report%20%20Accounts%20-%2031%20Dec%202020.pdf

Big buys after hours, what's going on there then!

To any of you FJET loyalists that still read this board .......

F**K ME Expansion!!!!!

https://twitter.com/fastjet/status/1451197335170543618/photo/1
https://www.fastjet.com/en/fastjet-blog/feature-articles/fastjet-introduces-victoria-falls-nelspruit-kruger-mpumalanga-flights

Personally I think the route maybe a bit thin but you never know and good on them for setting this up, so lets hope this pays for itself. Onwards and upwards and hope for bigger things. Won't do the miserable share price any harm.

https://www.fastjet.com/en/fastjet-blog/feature-articles/fastjet-responds-to-rebuilding-sustainable-tourism-for-zimbabwe

"... We look forward to introducing additional flights across our network thereby contributing to the revival of the tourism sector in Zimbabwe and the region. "

Will this ever happen????

https://twitter.com/i/status/1436351544786522115

So why I am posting this video of African Princess? Well looks like the FJET flight she's on is reasonably FULL!
Anyone got any ideas how the airline is doing performance wise?
Passenger numbers?
Load factor?
Yield?
Answers please

I've had a look on their website and its about as clear as mud to me how it works so I'll have to bow to your better knowledge.
All I know is that it will probably be several years before I consider selling my FJET holding ..... if the company lasts that long!

In the auction that closed at 4pm on 25th August 2021, 2,323,015 shares traded at 0.03 pence per share.
These were all sells, 0 buys.

FROM: FASTJET ZIMBABWE | CORPORATE COMMUNICATIONS
DATE: 16 JULY 2021 | HARARE, ZIMBABWE | 15:00
RE: FASTJET ZIMBABWE ADDS ANOTHER EMBRAER ERJ145 AIRCRAFT TO FLEET

HARARE, ZIMBABWE | Fastjet Zimbabwe is pleased to announce it has taken delivery of the airline’s third Embraer ERJ145 aircraft, registered Z-FJH. The 50-seater aircraft has been introduced into commercial service today Friday, 16 July 2021 on the Harare - Bulawayo route.

The additional aircraft is part of fastjet’s continued commitment to the Embraer aircraft family. The ERJ145 offers capabilities that are compatible with the Zimbabwean and South African regional market needs and offers a comfortable cabin environment with generous legroom seating and excellent operational performance.

A fastjet spokesperson said, “We are pleased to be adding another Embraer ERJ145 aircraft to our Zimbabwe-based fleet. As we continue to contribute towards the growth of the Zimbabwean economy and tourism industry this aircraft type is popular with our customers on destinations across our network. The additional aircraft will expand fastjet’s capabilities and open up new market opportunities, something we remain committed as we emerge”.

Fastjet remains committed to providing efficient and reliable air connectivity within and beyond Zimbabwe. The airline has a strong commitment to serving the customers and will be introducing new services to address the current and future needs of its customers.

To find out more and secure a booking with the lowest fares on offer, all of which include a generous free baggage allowance, and unrivalled flexibility change options, visit the airline’s website www.fastjet.com.

This is my first .... and last post on this board.... for the foreseeable future at least.
Just sold my small holding in this share, and made a very small profit.
Reason:
- this morning's RNS made no mention of dividends despite when the merger occurred they intimated that dividends would be on the cards, this is now unlikely to happen until the next annual results at the earliest.
- with the consolidation on the cards, I'm not going through that again. Have been through it with two other companies and have only seen the share price tank on both occasions after consolidation, my fear is the same will happen to this share and I'm not prepared to go through it again.
So goodbye HBR, a short acquaintance with you, I'm sticking my money where I am assured of dividends and where the share price will hold up.
Good luck to everyone with this share, I hope I'm wrong about the post consolidation price, but recent other experiences tell me I am unlikely to be.
DYOR!

https://www.bbc.co.uk/iplayer/episode/m000x5nh/hardtalk-johan-lundgren-easyjet-ceo?page=1