Member Info for greendave66

RNS wise I’m expecting developments this week as the re structure and potential bidders firm up....can’t wait !!! If it wasn’t for Brexit and all this Xmas shopping I’d be buzzing

IAG paid £172.5m for BMI back in 2011/12, at that time BMI had losses of £130m for just 9 months of the year. £130m!!!!! They did have 56 slots at LHR although BA had to give up 14 of them.

Fuel is 20% down on recent highs. We have bought 90% of the fuel for this year but if we save 20% next year that’s a circa £10m saving already. New Subsidy is £1.6 m a yr and increase in popular routes and cut back on others means I can really see us in a full year profit next year and I’m sure they have worked that out while looking at the books...a profitable airline from 2019-2020 for £50m seems like a joke hence why most think the bid will be higher in the £60-80m range

Minimum 30p with a top end of 40p. Either way it’s a 50-100% uplift from current price within next few weeks just in time for Xmas. I’ve been here since 12.6 and believe is still here otherwise I would have left before now when the price was higher. There a few of us here that made good money in past few weeks but remain in here in order to let our winners run!

Mr Woodstock.....will be a crazy week what happens next week but a bid next week will protect us!

Your not shorting again are you? You was doing this when we was at 10p before heading up to 23p and back to current support level

£107 and £100million are two recent enterprise valuations from the FT and Independent. Current mcap less than £40m, I don’t think Virgin or any other bidder will be buying Flybe at a 60% discount to enterprise value do you? BIG IF there are a few bidders which has been the speculation could it go at a premium price to the enterprise value meaning 3 x current SP. Don’t rule anything out. There are plenty of us still here from 10p-12p still holding, researched out and waiting for the bid which should come next week.

New Heathrow internal UK route announced a few weeks ago. A new international route announced yesterday from Leeds Bradford An airline building momentum again in my book. Working with experienced advisors now to not make the mistakes of the past...... If you want to buy Flybe then Virgin name your opening bid....

You have been shouting this for weeks? Maybe next week it gaps up as you predicted....

instead of holding I could have been quids in.... but if and when that bid from Vrgin drops and it gaps up. If I wasn't in then I would have been crying into my flybe hankie (can you actually get them?)

Something about to be released?

A strong Friday finish as people take a position to learn Virgin's position next week........bid....how much?

Its not often that a large European regional airline is put up for sale. This is Virgins chance to re-enter the local market and buy us and cherry pick the bits that it wants and sell the rest. Either way we want paying a decent price for it or will continue with the re-structure into profitability 12 months from now. 8 million paying passengers and plenty of airport slots around the UK and Europe mean a fantastic opportunity for the right company to take us over

Nearly a month we have been u for sale. Not sure if other airlines need to RNS if they have looked at our books or just whether they are interested in making a bid. Nearly a month means they know a lot and a decision should be made next week!

from minus 10 to nearly 3% blue. The update from Virgin coming any day now and a big gap up on a bid above 20/25/30p. Take your pick.......No chance of getting in once the price is announced and when and if other bidders make a formal declaration. As sage says Directors hold shares at higher levels than this and they wont want to lose out will they!

That’s your problem. Until Virgin declare out we are still waiting for them to make the bid in pounds which could be anyday now!!! Ps everyone expecting it to be north of 25p from current levels

We made a profit for part of the year. Lower oil price. It won’t take much knowledge and leverage from a lever airline to turn this into a profit on a yearly basis. We have 8 million passengers a year and the average profit per customer is over £3 with other airlines in comparison. So that could be an average profit of £24m a year. Google EJ and RA average profit per customer

I’m sure most would sell at 40p anyway I know I would!!! I’m sure if Virgin bid at 40p and it’s rejected I’m sure they can afford to increase their offer

On the close.....opinion is truely divided

Are worth tens of millions with the prized Heathrow slots worth tens of millions on its own. I have provided links in my history to the valuation data