Member Info for greendave66

Its all holding news, lets have something different. IF a bid comes and its 25/30/40p we will jump up to that within minutes hence why I am holding.

Just looked on their website...Our firm is structured as a perpetual partnership. This means we think carefully about building a sustainable business and above all else about generating superior investment returns for our clients.

Brown Dog I suppose its possible but I would expect virgin buying a share of flybe would lead to a material increase in the share price. The difficulty for Virgin would be that they dont have total control of the routes and slots short-long term to make them fit into their current long haul model. If they buy us out or I suppose over 50% ownership then they would have more control. £50million plus is nothing to them to buy us out in its entirety and they would raise some of that money back by selling unwanted assets.

I usually deal with AIM rubbish which the longer you wait for good news the more chance you have of it de-listing into thin air with my cash. Its a bit strange investing here where I have confidence after the recent £8m cash injection that we are either waiting for a cash bid (probable) or further re-structuring news. With the POO being so high for the past 12 months and Brext hysteria causing us to lose money then in 12 months time with Brexit sorted one way or another and buying POO soon for 2019-2020 then all being well it looks to be a profitable time for flybe and 70p is much lower than the IPO price of £2 when initial investors expected to see a price increase to above £2 or a high enough dividend to make it worthwhile.

Where did you come from with that intelligent and realistic post?

who knows? It would make sense as we should be promoting UK regional travel to boost tourism and trade and reducing APD would certainly help. It would reduce congestion on the roads and trains if more people flew.

Sleep easy pal, 1 confirmed bidder interested (Virgin) with Stobart potentially interested according to todays paper. Hoping this week we get the first bid and that will set the base for any future bids. Im sure unless the bid is a MINIMUM of 30p it will be rejected.

Your right I remember reading that somewhere now. It would be better than a placing for Stobart and private equity firms are good at turning companies round. Flybe is a business with 8 million customers already, that has to be worth a tenner a customer? It would cost a lot more than £80 million to set up an airline from scratch and get to the point of 8 million customers thats for sure.

dont forget this had an mcap for over £100 million not so long ago. Im not sure if they have paid a divi in the past but pension funds and other large investors look for a yield return for many years to come and thats why they get upset if they cant get one or it gets cut. No one can say that flybe doesnt have great potential with a short term profit made this year, 8 million passengers and all these routes? It needs to trim the fat which will be planes and routes that are not profitable and draining the rest of the business. If you look back at 3/4/5 years ago flybe had a strategy of buying more and more planes to increase future capacity which unfortunately did not happen as plane seats outstripped demand and drained us of cash. It seems a risky strategy looking back but I suppose that was pre-Brexit days where hysteria now rules. Anyone remember the millennium bug?

I think a bit like flybe, Stobart has lost its way a bit and to keep selling assets to return money to shareholders is not a long term strategy because you run out of things to sell. Shareholders then get unhappy as they get a cut in dividend or no dividend and hence they sell and price reduces of SP as people want an income from them and they cant get one. A lot of investors want a yearly return/income rather than to trade. Stobart have no option but to buy a business with the short term possibility of making a profit and a return to shareholders...I wonder who that could be???? Stobart share will take a battering for a while as placing needed to buy us out unless they have a cash reserve which seems unlikely if they have given over £100m back to shareholders in the past 18 months. Poor strategy.....At least after our poor strategy we are up for sale and called in expert advisors to help return us to profitability in the shortest time possible....Stobart name your price.....

But my piggy bank is empty. All in here for a Xmas bonanza. My feeling today is that Stobart has no alternative but to buy us or another business. They know us, they have worked with us and once they get there CEO problem out of the way they would have the management head space to make a real go of it....Virgin vs Stobart .....

£107million in past year. Looks like they made a mistake not increasing their offer earlier in the year as the article states instead of just selling assets they need cash generating assets. We have a revenue of over £400m and could be profitable 2019-2020 with the right management, low POO, heathrow routes etc etc and brexit out of the way. For £107m you could have bought us out and had tens of millions for restructure costs and be generating cash from next year to return to shareholders and the airline will increase in value. Stobart looks like are entering the race they just need an RNS to confirm it......Virgin in/Stobart looks in but yet to declare/BA all quiet so currently out as far as im concerned

Or hold....depending whether you are already in or out. Let’s see what news Flybe has for us this week! DYOR

To its regional network of airlines. For over £50million you can have access but otherwise I would rather continue along the restructure route. Expect bidding or restructure news this week. Things will be hotting up as it’s weeks since we have been on sale....

I’ll buy more this week at Morrison’s to offset his pay out if he buys us for 40p a share but I’m thinking 30p....any less and I’ve been wasting my time

Virtually gone and large sellers hence stable price. It was the shorters and big sellers that helped push the price to 10p

£100 million and £107 in the last few weeks. In other words no where near current levels

I assume your in the informed 5% with your 175 posts? Would you not say a drop from 40p to 8p was overdone considering we made a profit for part of the year? Up for sale and a sale or restructure has led to the price increasing to a more sensible 20p range. Since we went up for sale we have generated an additional 8m in revenue from assets and had just had the new more profitable Heathrow routes announced (due to start Mar 19) with a £1.6m a yr subsidy More to come in terms of the restructure which means a better sale price or profitability from 2019-2020 as a result of new routes with more passengers and lower price of oil The price was 40p a few months which is maybe Virgin etc didn’t bid then. Now we have the above and a sale price of 30p plus in my opinion which seems reasonable. We are the biggest regional airline in Europe after all and that can create a huge feeder network for long haul flights like Virgin or BA without the limits of a code sharing agreement.

We just need to know the bids from Virgin and BA if they decide to make one. We need to fast track the restructure which I am sure the advisors are working on in order to 1) increase our sale price 2) get us to sustainable profitability ASAP which will increase the share price anyway.....win win. Let’s see what news next week brings....

I’m staying up for the boxing if I can make it