Member Info for SmartVestor

Two late BUYS from a few days ago amounting to over £100k This is seriously in play in my opinion,this share normally only trades 600.000 a day !

Have just looked through the last RNS and looked at this paragraph again,does this not state that more than one of their assets is being considered for either sale or JV ? and also it says "Due diligence and bidding process completed " so this means the company are now deciding or not accept offer . * Due diligence and bidding process completed with Indian based coal and power utility companies, major global commodity trading and private equity groups with offers received for the Company's interest in its South African business and for acquisition and/or joint venture of specific operating and development projects. Negotiations in respect to these offers are continuing and an update is planned to be made in the current quarter.

A new era of low cost travel dawned in Africa as Fastjet’s (LON:FAST) inaugural flight took off from left Dar es Salaam's Julius Nyerere airport earlier today.The airbus A319, bound for Mwanza in Tanzania, was almost full to capacity, with over half the passengers paying fares of US$20 a head before taxes and charges. The maiden flight marks the official start of Fastjet's commercial operations in Africa. A second A319, bound for Kilimanjaro, set off later the same morning.Fastjet’s chief commercial officer, Richard Bodin, said: "Today's flights to Kilimanjaro and Mwanza mark the start of a new, revolutionary, smart way to travel for African people, and our first steps towards becoming a low cost, reliable pan-African airline."Ticket sales for flights on Fastjet's first two routes have been very strong since they started just over two weeks ago. Seats are being secured well in advance by passengers with bookings into February 2013, the company reported. Broker Daniel Stewart says that the airline has left it a bit late to show a profit for the current year, but it could be quids in next year."If the operator hits its target of having more than 10 A319s in operation in 2013 and is able to achieve a load factor rate of between 70% - 75% we expect the business should show a healthy profit for 2013 which would imply the stock is currently trading on an attractive multiple in our view," Daniel Stewart analyst Michael Campbell said.An early move into profit would be great news for Lonrho (LON:LONR), which owns around two-thirds of Fastjet, Campbell notes.Daniel Stewart has a 'buy' rating on Lonrho, with a 20p price target. http://tinyurl.com/cthlvsj