Member Info for greendave66

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

If we tied up with Virgin that locks BA and others out and gives Virgin an advantage. Would BA want that? I think not. Hence a bid coming from some one soon. If no bids then a potential tie up or continue with the restructure. To me it looks like win, win, win for the SP from these levels.

So long as it was to the advantage of Flybe then why not? Any option to protect jobs and return Flybe to profitability for 12 months of the year. If Flybe made profits of just £50m in 2019-2020 we would be worth what? 450million? A fantastic return for any investor. Easy jet, ryan air making hundreds of millions profit per year and as Europe’s largest regional airline this is not beyond us with 2-3 years. The restructure will take until next financial year.

The runway slots are worth over £20million.....Rodney you plonker

As people get ready for an RNS, apart from the holder KE announcing over a £1 million buy today its been rather quiet this week. Time for Thursday and Friday fireworks.....

2 potential slots for an RNS....come on reveal your cards in this game of poker where winner takes all.....

need to buy Europes biggest regional airline in my opinion. £100m is only a few months profits for them. Trim the fat, paint the planes and away you go. Easy peasy

Need both Virgin and BA for a bidding war.....this is Europe's biggest regional airline with 8 million passengers and part profitability this year. Cut the costs with poo and get rid of crap routes and this could start making serious money 2019-2020. All this for £60m with one bidder I reckon or 80m with 2 bidders....can we rule it out going for more than £80m once they have had a proper look at the books. Cant rule anything out......

with KE buying over 1 million I would have expected a greater move today but they have been bought over the past few weeks. Its interesting that he bought at 11p and then carried on into the 20's. He obviously sees real value from this level. Need Virgin the name the price and others to confirm whether they are in the race. I dont think Stobart will bid when compared to Virgin and others they are not in the same league. Virgin is premier league.

More than Double current mcap

Flybe’s pre-tax profit fell 54 per cent to £7.4m in the first six months to the end of September, compared with the prior year. Revenue fell 2.4 per cent to £409.2m and net debt grew nearly 40 per cent to £82.1m. The company now has an enterprise value of £107m.

https://www.google.co.uk/amp/s/amp.ft.com/content/9d5ab702-e7db-11e8-8a85-04b8afea6ea3

Is the name suggested in the Independent at the wk end for Flybe if it’s taken over. Extracts: Flybe is using these “remedy slots” between Heathrow and Scotland, and has also procured some dormant rights for its new four-times-daily link from Newquay to Britain’s busiest airport.In time – three or four years – those slots will become more flexible, which means more valuable.

I calculate the portfolio as comprising 13 pairs of Heathrow slots a day, which is worth well north of £100m even with a third runway in prospect.

An alternative thesis is that Sir Richard sees a future for an airline that helps feed his long-haul aircraft and delivers value for Virgin Atlantic’s partners. We shall see in time which proves to be correct.
Meanwhile, Flybe is a going concern, and I shall continue going on Flybe.

......https://www.independent.co.uk/travel/virgin-atlantic-flybe-takeover-airlines-richard-branson-a8649831.html?amp&__twitter_impression=true

Buying over £1.5m of shares I must be blind

Couldn’t help self I’m back in all in now. HSBC said 23p target. I’m inclined to disagree the slots alone are worth tens of millions especially the Heathrow routes with subsidy attached. 8 million passengers a year without huge growth will be worth tens of millions to someone. The planes are worth more than what is owed so I’d like to see a few of these planes ditched....expecting an RNS from the company anyway as so far this week nothing of interest money wise.....

Until today and then sold and bought back in!!! Tick tick waiting for first bid to be made or other bidders to confirm they are in the race.....

I hope so but once the gap up to 30p is filled I’m sure all newbies will be happy with 30p ish

Sold out today banked some profits and bought back in with £5k towards end of the day. Waiting for first bid to see which way this goes...£40m mcap my £5k says it will go for more or the restructure will lead to increase in SP. After restructuring this could be worth £100m so it’s potentially available now for £50-70m I reckon....we will soon see. Hoping for fresh news tomorrow

Nothing goes up a straight line and massive gains over the past few days. Need some fresh news to give us some indication of what is happening!

Flybe should follow the example of Ireland’s CityJet and Estonia’s Nordica by trimming its own network and leasing out its aircraft instead. But what this lacks in excitement is made up for in reliable income–typically from hub airlines whose resources are tied up with busier routes. Borders are no barrier here. Air Nostrum, a Spanish regional airline, recently leased out two of its planes to help re-launch Syphax Airlines in Tunisia. To ensure long-term survival, they should focus the carrier’s efforts on routes where geography or public subsidies give them an edge. Any of Flybe’s 78 planes that can neither be deployed on these services, nor lent to external partners, should be withdrawn from service–and quickly.

from 10% up to 5.88% down. People are surely not selling on the internet rumour.....tut tut

of £40k and £60k - just incase anyone calls me again of just reporting the big buys!!