Member Info for Garydav2

Good to know you're in here too QE. I kind of miss Sam on here now. Take your point on him being too negative he did miss the rises but was a lone voice who was actually right lol. I'm thinking the same as you even without any bid interest think this has dropped too far!! Got to be v tempting at this price though to buy an Airline. Who knows may be Mike Ashley could have his own airline and plaster sports direct all over the planes!! Good luck, Gary

Hi Queen Elvis did you buy here? Always interested in your view....

#14 November

Interesting times here. Sorry for holders that have lost money. Been reading past Rns's and researching director shareholding. They all have lost alot in this fall and the NAV looks good more than current market cap! So looking at the E195 's that go back and focusing on profitable routes this is a step in the right direction. Think they will need to accelerate changes though and will look forward to November 15th when they report. Remember they operate a lot of business flights so not all geared to the holiday season as some would have you believe. I thought 12p bottom but have bought in as I think they are a sitting duck at this price

Haha Queen Elvis. Not sure where he's gone?? Well I'm in now just bought in....

When I said 12p low the other day it was a bit tongue and cheek. But looking more likely atm ......

Do you hold Spire too Cudothisnow? I bought in over there this morning.

Whats peoples views on thier stake in Spire now?

Just bought my 1st batch at 110.36. So oversold at this level

Watch the downside guys.....

Followed there for years tbh never thought they would go under 30p. False dawns for ever. Had the best gain on these when they went from 50's to 90p plus in a matter of a few months. Great gain. Sold around 87p. But invested in and out last few years. Sold out on a profit warning back in 2017 for a small loss. I don't think this looks too clever now. They can't go on year after year making losses and don't be fooled by the NAV that could easily be wiped out. Old fleet of planes too!!

https://www.bloomberg.com/news/articles/2018-10-17/oil-tightens-squeeze-on-airlines-as-flybe-drops-most-since-2011

Sam?

Exactly but at what price?? Look at Debenhams been distressed for sometime and the holders are still waiting for the bid from Magic Mike ; )

Don't be so sure. Airlines are notoriously risky. Could wait for another year and pick up very cheap. Why rush in......

Looking bad here ..... careful buying this one

I think this might drop to 12p bottom . Further falls to come I think.

Oh dear.....

Does anyone know where sacked Sam is? He would be having a field day at this fall......

In same article Jonathan Pritchard of Peel Hunt put the boot in again and reiterated their Sell stance pointing to reduced store openings. Personally I think they are well positioned and have invested well with the Store spends to date and beefing up the online. They have a good social media presence too.