Member Info for Ironic

This is the next flyb . They need to buy the remaining 10% of TI so they can sell it . The Bond holders need their money back then other debts . So any sale of TI is to clear debts as was Flyb’s sale of assets for £2.8 million with a free company shell . No one wants to pay out more money how many times can they stall . But paying out more might get them some back . The RNS states one offer won’t cover the Bond holders money . This looks like it may go bankrupt . The debts and intrest payments on the debts is out of controll . The company recently agreed to pay more intrest on the Bonds . They were already struggling .

Lol . This is one of the few things on the WHOLE market worth a gamble . I am clearly saying don’t invest any where . Take all your money out of the markets not just AIM . The big hedge funds are being slaughtered . This is worth a gamble . I am buying here as and when I can as a gamble . So my de ramp is the whole U.K. market don’t invest any where this is a very bad time and market collapse is on the cards due to shorting diluting business over and over again .

The RNS state the deal is due to the debts , huge Bridging loan to survive till every thing concluded . The manner in which the deal was done is the issue . Share holders have lost all . The shell is worth a hundred thousand pounds , not even the penny on offer . Once you get your penny’s there will be a placing on a empty valueless shell with a BOD being taken to court . Guess where the placing money will go ....legal fees . KE will have paid accountants and taken legal advice before he sold at such a loss in my oppinion . The rampers here are as missleading as the BOD there is enough information in those latest RNS to know exactly what is going on . Will this be the last nail in coffin for the U.K. markets .

A bad decade for investing . Individuals suffering but trusts losing tens of millions over night all over the market . If individuals are getting slaughtered trusts and hedge funds are having it even worse . A few shares I have watched big investors have lost close to £100 million over night . Canaccord for example . Surely these big investors will leave the markets now . The markets are collapsing due to dilution brought on by the very market holding growth back through shorting . Time to stop investing any where .

With planned production . So not just assessing the pellets and considering production it is planned .

Every one believes there has been serious organised fraud here . The BOD changed the company listing so they could sell assets at such a low price that they could not be challenged , Making the deal premeditated planned some time ago meaning the company RNS were designed to mislead . This needs suspending for a full investigation . They should have the use of the Bridging loan stopped and assets sold impounded .

We are debt free . We have more cash than the M Cap ( cash rich ) . We have got £67 million in revenue for 2019 . Maybe even more now . We are exspecting a up date this week . The financial markets are collapsing big hedge funds losing tens of millions over night usualy . Our CEO lost over a hundred million over night and a Canaccord lost a fortune in hours . So investors are fleeing the markets in 5heir droves . We may survive as debt free and more cash than valued at . But these are really really bad times for the markets so Chaebol just might get his wish , but there will be other give always out there as they go bust . Happy fishing Chaebol . Main advice don’t invest any where for next ten years .

Big investors will be looking to escape the markets .. few cases of them losing hundreds of millions over night recently . Add to that the president here lower your market listing then selling all your assets without needing the share holders approval . Proves the markets have become to dangerous for big holders who can’t move their shares fast ....https://news.sky.com/story/flybe-row-takes-off-as-hosking-seeks-egm-to-oust-chairman-11618145
if the big investors want out , the market will collapse . Letting this happen is very bad for the whole market .

So yet again Orange debt and the markets dilution killed another company . Debt is not a good thing in the current markets and won’t be for years and years . If your in any company’s with debt I surgest you plan your exit . We are debt free and cash rich , even weare not moving and we dont have to pay intrest every month never mind actualy paying the loans . Loan notes are worse they drive the SP down each time used and more dilution is the result a death spiral of deat and dilution . Bonds are no better high intrest payments against them and eventualy they need paying of . So if any of your holdings are not debt free , with millions of cash and no loan notes or Bonds I surgest you run a mile .

I think that proves my point then . If a debt free company can’t survive our markets what company can . I surgest you sell every thing and forget the markets if they are even breaking debt free company’s . Flyb worth a fortune great assets but debt took it from 16p to 1p over night under £3 million for the whole company even though on the same day they sold a few slots for £4.5 million . Debt created by the markets cycles and dilution . Even debt free company’s go bust . ( apparently ) . FRR de listed the other day debts fight in court . Lion gold de listed . The markets are having a masacre . I am only in for fun now .

Just the market makers up and down trying to make movement . So they can earn on buy and sell and spread both times . Pick any debt free share and just wait for the re rate . Wouldn’t move about you just get hammered every time . In fact the matkets are going under slowly more and more going bust . Make sure your gambles are debt free as this is .

2016 revenue £5.1 million m Cap was 26 million . 2019 revenue above £67 million ( reported after adjustments RNS ) far more cash as well . Over ten times as much revenue and the m Cap is half . The £5.1 million is being generous it was actualy just over £3 million so twenty times more now . Lol .

We are promised a up date by end of January . We know Revenue is growing fast last report 2019 had £67 million signed/contracted revenue already . As we are debt free and cash rich and forward paid untillQ3 2020 we can tread water as long as it takes . If people use disposable cash and no T loans then they can sit tight and wait untill the market decides its time to re rate this to show value from revenue with cash and no debts . We don’t know the mark up from revenue but at these prices that is not relivant . Go back a few years look at the revenue and SP ....we should be above there .

Yes those statements were deviating for the holders at the time ...But great for new blood creating the 15 bagger oppertunity. But only if we get a clean bill of health as the two independent reviews surges . Then we need revenue to keep on its present course . So good prospects but not a given . But when is a 15 bagger

The BODs defence grows with every RNS it posts . The 16p holders have got a strong case . But all that bought after the sale agreed RNS have got no are at all . Buying after a RNS saying sale agreed mainly covering debts . 1p offer accepted . Then people buy in at 4p etc saying this is not true value and think they have a legal argument . Lol . Like me buying a car then saying you could have sold this for twice as much now give me the difference , only original holders have any case . This is just the market encouraging movement so it can make money on every movement .

They have accepted and are spending the first £10 million . If I sell my car and get half the money up front and start spending it there is no going back . It clearly says the voting on the shares is a separate issue ...””the separate recommended cash offer for the shares in Flybe Group plc.””. The down grading took the share holders authority away fro: the selling of assets . I think they actualy stated that in a previous RNS .

The deal is done they sold the assets . They down graded the listing to fasilitate this . Just a shell to vote on . Legal action may get the BOD in prison but that is about it .

Most see it as a gamble . Hence NO OPPINION by side of post . But I see it as the best gamble on the whole U.K. stock market . Debt free means it only has to tread water to go back to £14 . Cash in bank means it can tread water for a long time . Forward paid fees till Q3 2020 gives us a life jacket whilst treading water . So the margins mean £14 . But the rest is like the rest of the market but without a lead divers belt made from debt payments and invest payments on debt reinforceing the concrete boots . Basically sell up and just have the odd gamble for fun . If this can’t win the rest of the markets are doomed .

My honest advice is don’t invest on any U.K. market . Not for years and years . Just have a play a gamble . But gamble on a debt free share . So buy a classic car , buy gold coins , buy a share in a house ( bit dodgy at the moment ) but don’t invest in any share on our shorting market . But if like me you are a gambler pick a debt free one with cash that can ride a storm for a year or so .

The aircraft become a burden once operations switch over . Lease contracts need paying of or selling on at what ever can be got ..a loss a big loss . Any planes actually owned ( that are not part of the sale already done ) need to be stored at a cost and sold . Sold fast . A good stitchup 1p . The market will try any thing to keep this rollercoaster going . Making money on the spread , buy fees and sell fees etc . They want to keep this roller coaster going . It’s a cash cow till the bitter end . The established reported informed end 1p .