Member Info for spike912

Make that 2 x 100k

Another nice 100k buy on open

*and

Aspers, when arms where was this?

I think a few have become a bit over excited over a newspaper article ;-) be nice to hold 10p today. Good luck all fingers crossed for a blue day

GaryDav, although that would lnmy value the company circa £40mil, plus cash injection. Seems light to me mate, can see 30-40p but think a push for more as the likes of easyJet may well opt to carve up Flybe bwtfdik!

And don’t forget IAG poached Flybe’s chief strategy office Vincent Hodder to become the carrier’s first CEO in September, now he would know the business back to front. You can’t discount any of them imo

Apparently (according to an article in the independent) any new suiter would need to go inject £100mil into Flybe or carve it all up

https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/209202

Scully was Ft of 14th mate

Greendave, isn’t it £100mil mark? That’s when the ii are allowed to invest from memory

Btfaith thanks :) just seems a large de risk looking at their new vs previous threshold, but as you say happens across the market which was indeed my first thought too

BTFAITH good luck, wouldn’t we all love that feeling! Good luck

Excuse my niavity but why would institutions be reducing their holding if a takeover was close? Genuine question, thoughts?

Don’t forget Stobart either coming forward! I’m far from convinced this is “a leak” it’s just papertalk at the minute, talking up news 2+2=5 as usual. There is highly likely some fact in there but let’s remember it’s still paper talk at this stage

BTFAITH Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/9d5ab702-e7db-11e8-8a85-04b8afea6ea3 Low-cost carrier easyJet and infrastructure company Stobart Group are looking at buying struggling UK-based regional airline Flybe. The UK regional airline put itself up for sale after another disappointing set of results. Stobart is considering buying all or part of the group, while easyJet is looking at purchasing a part of the company. 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 or an outright sale. EasyJet is considering whether it is interested in parts of the business. “We’ve always said that we will play a role in consolidation where it makes sense. We evaluate all opportunities as they arise,” the airline said. Flybe has valuable take-off and landing slots at airports including London City and Gatwick, although its planes may be less desirable to other airlines because they are smaller. In March, Stobart, which operates an airline with Flybe, ditched plans to make a formal offer for Flybe after its bid was rejected. Stobart is not now ruling out another bid, potentially with the same structure as before — co-investment with a private equity partner and taken off Stobart’s balance sheet. 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 £107m. We will consider all options. We have a number of valued assets, from infrastructure to aircraft to engines Christine Ourmières-Widener, CEO, Flybe Christine Ourmières-Widener, chief executive, said the carrier had improved its revenue per seat, but added there were “challenging headwinds”.

https://www.google.co.uk/amp/s/amp.ft.com/content/9d5ab702-e7db-11e8-8a85-04b8afea6ea3

BTFaith come on this is the local rags they release what they like ;-) look at brexit lol

BTFAITH, i concur but it’s not a bold statement from easyJet just newspapers and journalism. Let’s wait and see, how many times have many of us been here with shares/takeovers got excited and been bitten. I really do think a deal with come and that aside Flybe are financially secure for now so there’s no mad rush. Just got to be patient and hope we see a steady increase in the SP. remember it was only a week ago that the takeover protocol rns was issued (unless I’m mistaken), but I’m sure longer term holders here than me can correct me. Either was you can see great potential upside here

Special dividend do me ;-) lol