Member Info for get_rich_quick

"But when you have turned that many people....."

Yet, Breakfree still bought shares when we dropped to our all time low so he saw an opportunity, as do others on here.

ATB.

Lemonsqueezy,

Fastjet has also helped me pay for an outbuilding conversion to a utility room - so I can't complain.

If the Sp trickles back to 0.1p, I'll load up again.

I'm starting to root for Breakfree!

Breakfeee,

If you don't want to say where your outlandish comment has come from, I'd rather you just said you were fibbing.

"Don’t don’t take anything we say as fact."

Oh, I assure you, Breakfree, I don't accept anything you say as "fact" as you also regurgitate very old news.

ATB.

"M&G got out because they were called on for more funds."

Breakfree, can you sign post me to this please.

Since M&G started to offload, I have openly explained why they are doing this.

And, If, Fjet, are "done" does that mean you've also sold?

ATB.

Wheresallmemoney,

Have you looked at the company website?

Just remember folks;

Breakfree said on 02.07

"I think it’s worth a punt yes".

So, I wouldn't take what he says too personally.

We all know this is a punt. If the company pulls it back from the horrible, deep depths of financial constraints and, the pandemic, then the Sp will surely bounce heavily back to where it 'comfortably' sat at 1.5p.

A mighty leap from today's price.

ATB

This is the second largest revenue stream (globally) and when I'm sure when the Government can, tourism and trade will resume and the infrastructure needs to be there ready for this to continue.

ATB.

Sugardaddy,

M&G sold, from the best of my research, due to their own financial dilemma, board restructuring and, desire to invest in more solid stocks than AIM tiddlers.

Their approach to their clients changed, and so has their investment strategy.

Investing in FJET didn't meet their new mission statement, and I can understand that.

Based on the above, I don't believe it was personal or any insider knowledge, how some may infer, as to why they sold.

I haven't taken anything negative from it, and if anything, the Sp held (kinda).

That said; it's quite possible the Sp was 'pumped' for them to sell but we live in a world of market manipulation.

In short - I doubt they sold because the company was or wasn't doing anything that caused them concern.

ATB

Let's not forget;

Breakfree has stated he is invested here, and averaged down when he had the chance.

Or so he says........

"call your selves investors get a life."

That has to be the quote of the week for Breakfree!

How Breakfree says he is invested, and averaged down when Fjet was at their lows, but trashes the company on this board - which is the main and primary board he posts on?

He qualifies his allowance at trashing this company because he says he's invested, and that this, to him, is a punt.

He also says he's only invested in here wjat he can afford to lose so, how is that any different to anyone else on here?

He feels it's acceptable telling folk they will lose their money here, which is exactly what he will be doing.

That sums it all up for me.

I don't believe anyone could ask for a great deal more, given our current climate and what we know about the pandemic in Africa.

The world is still turning, and little by little shops, businesses, factories, tourism is slowly returning. How long for? Who knows, but this will gain momentum as long as controlled measures are applied to the spread of the disease.

It seems the shock wave of the actual disease is leaving Europe, but sadly punishing the West - America / Brazil.

We have been given a slight stay of execution as finances can last until August, which was pleasant to read as I image the Finance Officer has tightened purse strings, but it goes to show they can do it when they can.

And that extra month may just keep us afloat for that crucial time.

Also as important;

"discussions with the Investors Consortium in relation to the Disposal would only restart once the impact and timeline of the lockdowns in South Africa and Zimbabwe were better understood and as such have not restarted."

We all knew negotiations wouldn't start until the business restarted, and why would they want to negotiate an airline business that was about to go under, but at least we know IF the company survives, the disposal is still a viable proposition.

All in all, a positive Rns. The market may not like it, but if you do, and I certainly do, I'll be adding if this dips.

Have a great weekend all.

Muldoon,

You are absolutely not being dense, and if anything, I must apologise, as I have become confused.

I could blame alcohol but I've somewhat of a hardened drinker and shouldn't have skim read it.

So, apologies all. The Rns does NOT say they are at 0%. That is completely my misreading and I apologise.

That said; normally when insti's drop below the 3% threshold, they normally sell every share, so I still expect this to come about.

I am sorry Muldoon.

I appreciate concerns of dates but there is a threshold limit with regards to disclosure.

If you have x amount of shares, but you buy enough to increase your holding above 3%, you have to disclose this, and then every 1% increase thereafter.

It's the same in reverse.

The penultimate M&G Rns said they were below 5%.

If they had gone below 3% they could have held some and we would never have known, just as we don't know how many each of us hold, as most private investors hold below 3% of the shares in issue.

This recently disclosed Rns now says they have 0% holding, so as far as I'm concerned, regardless of poorly written timelines, they are out.

M&G have gone through a massive financial restructure, as I've looked deep into their company, which is why I've Harper on about them selling their entire holding.

The Sp has held incredibly well, in spite of all their shares flooding the market.

We can still expect volatile swings, but the depression of their shares hitting the market is over, and we've held our Sp, so I'm hopeful of our new base level.

Good evening all.

Mj,

They are definitely out now.

There is no doubt about it.

Apologies, but I did mention an Rns wpuld be released confirming a 0% interest.

I'm a wise old man.

Anyway - not it's out there and we know.

Hi, Lemonsqueezy,

I can't see an update coming till the end of the month.

We know the lightbulb and creditors can be paid until the end of this month, which is, reportedly, how long our cash balance can sustain us for.

The last trading statement mentioned should the disposal not come about then they will look at other means.

This climate has put a massive hold on all of this, and I suspect, they may try and raise some cash to hold them further than 31/07, until disposal and or funding options are more viable.

We are all itchy for news but I think, in my opinion and in my experience, we can all become over agitated waiting for the news, and certain silly folk who perpetually drone on about negativity, compounded with itchy trigger fingers, can cause a sell.

Please - far be it from me to encourage anyone to retain a single share. We should all do what is right by ourselves, our family and our bank balances.

I'm expecting something to be released toward the end of this month. But obvs - it's only my humble....

May be we all, and certainly me included, should ignore the little scamp.

If he hadn't contradicted himself a dozen plus times, I'd engage in debate with him, but he's become somewhat irksome.

"Basically in the past Stelios has said in the past this company should be terminated".

That's it, then. If Stelios said it then I may as well sell my shares at a 0.1 average.