Member Info for measuredd

The court case was known but these details are new. The case was originally said to be regarding 'technical breaches by LSA' and seemed to be in response to Esken's decision to put LSA up for sale. It has now been accused of overspending during covid. Carlyle was always going to be a dangerous bedfellow.

Very disappointed.

@maidit308 I'm in also in STAR but it's a tracking company (starcomsystems) that is undergoing a name change and sp consolidation (hence the 600% jump), not star the media company.

Investors' Chronicle article. Generally positive but concerns about the Tescos chargers being on the slow side;
https://www.investorschronicle.co.uk/news/2021/11/10/pod-point-s-power-surge/

I bought a small amount after first hearing about POD Point mentioned in a Bytes Tech RNS (Non-Executive Director change).

TF - I seem to remember selling the energy division was mentioned a few months back to focus on LSA, but all quiet on that front since.

"The Company reports that financial performance for the period is in line with the market guidance issued on 13 August 2021. Customer acquisition costs have stabilised, albeit at the higher levels previously reported. Engagement from the enlarged player base has also normalised, with average order values and frequency similar to pre-pandemic levels. Trading for the period has, therefore, been consistent with management's revised expectations."

Hopefully that will halt any further trend down. Really need expansion to the US or takeover interest to see the big rises again.

I'm really not seeing it.
Short haul internal flights haven't operated from LSA for years. I find the tax change odd given France voted to ban short haul internal flights if a rail option was available.
Business travel is now much reduced and many companies are unlikely to go back to pre covid levels (unnecessary expense, environment, Zoom / Teams now setup).
Small cost carriers - who is left? EasyJet gone, Ryanair out the door, Wizz have gone onto better things. Wizz haven't operated from LSA for at least 12-18 months, none of those listed slots were used.
Cargo is down from 5 a night to 1.
The airport has more protesters than passengers. https://youtu.be/XoIJIkrQrKw

Great RNS and maiden divi news. With limited UK tech stocks I'm hoping this will start to gain some popularity and real traction. I even had to ask Vox Markets to add it to their RNS list a few months back.

Morgan Stanley has upgraded its rating on Hargreaves Lansdown, increasing its recommendation to 'equal-weight' from 'underweight', also upped its price target to 1,446p from 1,381p.

Although we've already hit that target the sp much higher before a dip a month or so back. Maybe expectations are up with recent increased market volatility being good for share dealing platforms.

They have been in development for a while, so likely based on projected Ryanair pax.

Cargo is definitely helping to keep the lights on but they are restricted by the S106 and a set number of passenger movements against cargo. Pre Brexit they served Rome, Milan, Madrid & Leipzig, now just the latter.

WizzAir haven't flown from LSA for at least a year. They were still flying during the first lockdown which seemed odd given the Covid figures, but nothing since. They seem to have moved onto better slots at bigger airports.

£767mln takeover offer by CVC Advisers at 377p a share.
As we're now at 387 are rival bids expected?

The desktop version of Flightradar24 lists SEN arrivals and departures, it's easier see them there than the app.
https://www.flightradar24.com/data/airports/sen
It lists 2 x Ryanair & 2 x WizzAir, although WizzAir haven't used SEN recently.
Otherwise it's mostly small byplanes and night cargo.

I expected more from the energy division.

Can someone help explain what the energy division actually does? Do they burn old wood for energy? And is that just for running the airport or used by others?

I don't think they do;
https://thegetawaylounge.co.uk/blog/which-uk-airports-do-tui-fly-from

"Please note allocations were scaled back due to oversubscription." PD.
I applied for £1k, only allocated £200.

https://www.bbc.co.uk/news/uk-england-norfolk-54694174

From Trading Update - 12 June 2020;

"Subscriptions-related businesses (c35% of Group revenue in 2019)
Events-related businesses (c65% of Group revenue in 2019)"

I've been in both Relx & Informa this summer and Informa has larger sp swings.

A fair few -5% days but it has hit higher highs, and has been above 500 post covid.