Member Info for Scully12345

Woodstock - what are you talking about "no bidders appear to existing" check the latest quotes from Flybe in the press and strategic review RNS, they are talking without a number of interested parties.

GreenWolf that's right deramper you mention Carillion a few times in your post and hope people only see that word and associate it with Flybe in their mind.

Garydav2 - I'll put you on the spot now and you tell me with bullet points why you think the company is a different company now. Bums on on plane seats have improved. The prospects have improved. I bet you haven't a clue so won't reply with a reasonable explanation?

Garydav I think it's been explained to you a few times that 10 - 15p bid wouldn't be made or accepted because 40p bid was already rejected just months previously. Do you suffer from short-term memory problems? Any bid would probably be 45 to 60p.

Oshea you're like the kid at school who Nomlungo sat next to and copied answers off. But you got the answers wrong so he did too :(

Oh dear Nomlungu I hope you don't put real money in the markets with that lack of understanding of how hedging works. Of course lower oil prices will positively affect Flybe's costs going forward.

On god Oshea you have 4 recommendations for that post. So 4 more morons just like you or is it 4 of your other accounts lol.

Nomlungu - Oil prices are now down over 20 percent from recent highs.

Do you think this will:

A) Be good for Flybe

B) Be bad for Flybe

Let's see if you can get this one right. There is a correct answer. I can give you a hint if you're struggling.

Nomlungu you're ain't half a right funny old bstard aren't you

The serious investors here are trying to have a discussion about Flybe. But the trolls are trying their best to distract from the facts. Short squeeze is on soon - IIs will stop dumping this week most likely!

Longside filtered now - bored of him - obviously trying to dillute the bb with his nonsense...he has nothing to add.

In summary for this weekends news articles: Nothing from the DM and Telegraph. Been asked to button it hey? Headforpounts.com which is very popular with consumers is very pro Flybe. Financial Times today - basucally saying the dumpers are close to stopping dumping as under 3% reporting threshhold now. It hasn't taken them long to dump so someone must be buying ;) Holdings increase TR1 coming soon? ;)

Longside why don't you go and find your own post yourself instead of relying on others, it's that sense of entitlement that is keeping you on benefits, rocking back and forth in your grotty bedsit, stealing your neighbour's WiFi. Where's the work ethic with losers like you? Heard of ethics and morals lol?

I do hope all of your shorters get caught in a big short squeeze this week. You immoral crooks

I've taken time today to post 3 news articles, one at someone's request. And I have had no thank you ir recommendations so that's the last time I'll be doing that.

A very factual article by Financial Times from 2pm today. My opinion is that IIs must be near to dumping all they want to and it must soon be time for bouncy, bouncy.

Of course as soon as I post this I'll be called a ramper - just take note of these people's names - they have short positions or as they claim "no positions, they're just trying to create balance" lolol

Longside it was either you or ine if your aliases. I'll have a look bear with me

Longside in cases I've lead bulletin board defamation of character cases have actually surprisingly been found to be considered slanderous - due to the chat nature of these places.

A second shareholder sold down its position via Swiss bank UBS from 9.4 per cent to below the notifiable threshold of 3 per cent, according to further filings.

UBS held a large position in Flybe on behalf of Pelham Capital Management, a hedge fund that was listed in the 2018 annual report as the airline’s fourth-biggest shareholder. This stake had increased to 9.4 per cent only in September.

The Wellcome Trust, the second-biggest charitable foundation in the world, has cut its holdings from 6.2 per cent to less than 3 per cent.

Flybe said: “We are responding to the external industry factors we face, notably the weaker value of sterling and higher fuel prices, by reviewing every aspect of our business, especially further capacity reduction. Importantly, bookings remain ahead of last year, which demonstrates the popularity of Flybe for our customers and the vital role we play in UK connectivity.”

Last week, after its first-half results, Flybe said it was “undertaking a comprehensive review of the various strategic options” as it struggled with falling profits, a weaker pound and rising oil prices. The options included cutting its fleet further, selling assets with a potential value of up to £20m or an outright sale.

Low-cost carrier easyJet and infrastructure group Stobart, which made a failed approach for Flybeearlier this year, have expressed interest in buying part or all of Flybe.

The share-price collapse has also cut the value of stock options awarded to the chief executive by more than £1.2m.

Chief executive Christine Ourmières-Widener has 220,000 shares, but has been awarded options for a total of 3.8m on three separate occasions. When they were awarded, Flybe’s share price was around 40p and the grants were worth £1.56m, but at close of business on Friday the shares were at 8.9p, representing a total value of £335,000.

The shares are not due to vest until 2020 and 2021. Ms Ourmières-Widener declined to comment.

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 £104m.

Top investors continue to dump Flybe shares

Chief’s stock options lose £1.2m in value

Major investors in UK regional airline Flybe, which has put itself up for sale, have continued to dump their stock following a profit warning and poor set of results.

Shares have fallen 76 per cent in a year, including 9.9 per cent on Friday. They closed at 8.9p.

Edinburgh-based investor Aberforth Partners, with £2.4bn under management, has reduced its holding from 15.9 per cent in mid-October to 4.1 per cent last week, according to regulatory filings. This relates to Aberforth’s direct holding with voting rights; it holds more shares indirectly.