fastjet has announced today that "We initiated robust discussions and are actively engaged with key stakeholders as we finalise plans for the recommencement of domestic flights between Harare and Bulawayo and Harare and Victoria Falls, following yesterday’s announcement by the Ministry of Information, Publicity and Broadcasting. "Whilst the airline positively deliberates on the next steps in announcing dates and a revised domestic network flying programme, they have expressed their gratitude to the Government and respective authorities and agencies for continued efforts in preparing the travel industry for a return to operations. "The airline said it has since extended its 'flexible booking change policy' until March 2021 and advised that details on resumption of flights would be shared with customers as well as additional incentives aimed at enhancing market confidence, safety and sustainable operations." While I wouldn't expect to see a dramatic surge in the SP following such an announcement under normal conditions, considering the markets pushed it right down to almost invisibility I would have expected it to rise just a bit from its fraction of a penny value. It can't be down to the time difference which is, after all, only one hour.
Yes I agree Breakfree. While there may be no real trolls around, I'm getting awfully tired of all the armchair expert forecasters filling this Board up adamantly announcing that the SP "WILL fly tomorrow" or even worse, "This'll hit 1p tomorrow" not to mention "We'll see an RNS in the morning." Can we just watch as things take their course, pease? As for the typos, both spelling and grammatical!!! I don't expect everyone to be skilled in either. But so many just don't bother to check and correct what they've typed before posting. It may sound a tad pompous but basically they're just bad manners.
Yes, three months after its inaugural flight from Dar es Salaam – 27 Feb 2013: 35,000 at 2.9p each and 20 more times after that until 9 August 2017 and then just over a million this month when they'd "sunk" to 0.00214p each. I used to be a regular poster in those days until the board became a very unpleasant place to be, thanks to a couple of truly obnoxious trolls.
Yes I wish I'd waited instead of buying half-a-million two weeks ago today at 0.00214p, catching them "before they began to rise again"! Either way they've helped just a tiny bit to reduce my average a tad after paying such horrendous sums right from the start seven years ago after a well-meaning but long-gone poster seriously recommended them as being Stelios's attempt to repeat easyJet's incomparable success in East Africa! I'm currently over 98% down! But still keeping the faith, though the coronavirus has dented that still further.
My post at 11:50am included the line " I, too, couldn't resist buying a few more at such a ridiculous price, mainly to reduce my substantial holding just a little bit...". It should've read " I, too, couldn't resist buying a few more at such a ridiculous price, mainly to REDUCE THE AVERAGE SP OF my substantial holding just a little bit.
So pleased to see you still around Ronwin. It's been such a long time, hasn't it. I, too, couldn't resist buying a few more at such a ridiculous price, mainly to reduce my substantial holding just a little bit, though I was too slow to catch them the day before at £0.0006 (if I've got the decimal point correctly placed?) Anyway, I still feel I've done quite well buying in again at £0.00214 but nowhere near in the same quantities as my holding. You may remember how I kept the faith back in the "dark days of 'Winter'" as I rashly kept buying only to find the SP kept falling further and further back!! However, I am optimistic that the present optimism in the company's future is better-founded and will patiently wait for the SP to hit the oft-hoped-for £1! And pigs might fly!
Funny you should mention that, Pokerchips. Many moons ago now I posted just such a question: where can one obtain/purchase a fastjet model? Do you happen to know? Fjetcrazy kindly obtained a free photograph of one of our aircraft in-flight, set in a splendid brushed-steel frame too. Still on display in my 'office' above me! [This post will also serve to assure the cynical JT16 that I AM still around, being one of the first to post here SIX YEARS ago, and that I AM substantially invested in the company still, after he accused me of not having "any money in the company" as well as nothing to say.]
How good it is to see fastjet back in Wolfgang's sights after what seems to be a very long absence. I know it's only trivial stuff still but better than nothing. Roll on the day when he has something BIG to report on! It's been such a l- o -n -g wait.
As posted before, I attended the AGM in London on 27 June, as I have done annually since the company was founded. According to CAPA Centre For Aviation's latest News Brief (to which I don't have full access since I'm not a member), "fastjet Group reports fleet acquisition highlights for 1H 2019". I may have had a senior moment at that poorly-attended meeting but I don't recall a fleet acquisition announcement by Nico nor the Chairman, Wally. Does anyone have any more info on this – specifically CAPA members? Good news if it's a fact, though it still has had no effect on the moribund share price.
Fjetcrazy: your good wishes are reciprocated. Your link now works for me; I was concerned at that uniquely odd response I was getting before. Having read it, I'm rather wishing I hadn't now, given its content!
It's beenvery quiet on here of late, hasn't it. Probably reflects the mundanity of the share itself. At least it never quite reached what would've been the demoralising state of one penny.
The AGM comes round again next month – how quickly time flies, even if the company doesn't. Let's hope this year's meeting lasts a bit longer than the 3-4 minutes that last year's did! And actually comes up with some positive announcement/s. Hardly worth making the journey up to London – effectively just for coffee and biscuits!
Can you check that link out please, Fjetcrazy. I'm getting an enigmatic response saying "Rate limit exceeded - you must wait at least 1798 seconds before we'll service this request." I have never seen such a warning before anywhere.