Member Info for greendave66

Bus Fare Home - you obviously didn’t spend as much time as me watching it....

But if the Chartists say they are pointing north that’s good for me....definitely exciting and hopefully less volatility now sells are cleared and people take a position for the expected FIRST bid to come in. We can’t rule out a bidding war

Reminds me of bullseye as they pull out all those prizes such as a speed boat for those people that live in Wakefield....Flybe won’t have prizes it will have an increased share price before Friday otherwise I’ll be getting my BFH

Always a good sign. People loading up for the flight out of here to prosperity

£7m in profit recently and £100m in assets and worth £20m - who you kidding MM? Once this re-rates im spending my profits on 2 tickets for me and missis on flybe to somewhere nice like Cardiff or somewhere else if anyone has any where better for me to go on the flybe route? (PS I understand it may no longer be called flybe AKA Easy Jet, Ryan air etc but for purposes of illustration please play along)

they pump £20m in and its 3 months profits, £40m and its 4 months profits....get my drift, its peanuts to them. If the buy out price was £100m then its serious money but an airline with zillions of planes and routes is worth £40m anyday of the week.

Im calling super nanny right now to sort him out

Our mcap is ony £20m. Easy jet made £20m a month profit yes profit so even an offer of £40m is only 2 months profits for them. Our IPO was at over £2.........

So who might be in the market for an airline like Flybe?

IAG, the holding company of British Airways, Aer Lingus and Iberia, is acquisitive. Even though BA got rid of all its regional flights, ironically to Flybe, in 2006, it may regard Flybe’s portfolio of airport slots at airports such as Heathrow, London City and perhaps Edinburgh as attractive, as well as the opportunity to feed hubs, notably Dublin.

Stobart Aviation, which runs its own little airline in Flybe colours, may be a buyer at the right price. It has a lot to lose if Flybe were to close down, because it relies on the airline’s booking system.

It is very unlikely, though not impossible, that either easyJet or Ryanair is looking at Flybe as a way of acquiring a busy route network (and removing a competitor), with plans to stem losses by integrating Flybe into its wider operations.

There could be a European suitor, though uncertainty about airline ownership rules after Brexit makes it unlikely.

But whoever buys it will need to pump in many tens of millions of pounds to prop up the airline.

re-structure to make it profitable longer term, valuable landing slots that are in demand. New UK only routes for the airline that buys us out.....lets get the first bid in and use that as a baseline for future ones

if they want to be Number 1 they need more runway slots and more flights I wonder they can buy them from?

Wouldn’t you?

No bid at this MOMENT

In other words they are thinking about it ......

Are they out and as high as expected?

Flybe has revenues of over £400m and made a profit in the last RNSd period. Easy jet knows how to make serious profits from airlines and would get access to Flybe routes and slots. Easy jet could buy us for £40m and that’s 2 months profits for them. Roll on the first bid

So a bid somewhere near that then?

Expects profits of £570 million for the year ....£70 m to buy us out is 2 months profit for them.....easy times

I agree a question that needs to be answered someone said once companies get below a certain mcap institutions sell up as they become too volatile and they are looking for long term growth. Medium term we could be part of easy jet according to today’s FT

Was just about to post that link as well.....come on easy jet how much is your initial bid?