Blue peter badge on its way. Well done. STOP SPAMMING THE BOARD WITH THIS SHIT!!!!
Unfortunately the board is still full of muppets and liars talking nonsense, but it is to be expected.
The large trades are IMO aberforth continuing to sell down their position.
Cue the numpties "they must know something" "Flybe are doomed, dooooooomed i tell thee!!!!" Blah Blah.
Some facts:
As of the 31st of October, Aberforth held circa 10% of Flybe. That correlated to just 0.1% of their portfolio. Thats 0.1% for those incapable of reading. They don't know anything, they are just following their portfolio rules (as was said earlier but lost in the noise - likely based solely on market cap)
Not sure how many times this can be said but Flybe WILL NOT BE GOING BUST. They have cash, they have assets, they have a plan and it is being implemented.
Hoskings and T.Rowe continue to hold. Why? Just like PIs, IIs have there own rules and make their own decisions.
Good post value. FACTUAL.
KPMG Clients 2018 Accenture. Halliburton. Citigroup. General Electric. Deutsche Bank. Wells Fargo. PepsiCo. ING Group. Are they all going bust??? No. Just more scaremongering. This is as bad as I have seen it on LSE and admin are allowing it. Flybe will not be going anywhere. The merger will happen if the deal is correct. If not the company will continue to restructure. Very tedious reading on here today.
As mentioned earlier, same II still reducing - aberforth. Hoskings and T.rowe are not.
And it isn’t going to zero. They have CASH and assets. Just doomsdayers scaring PIs out of their position. Not nice to see it working.
PIs being shaken/scared out IMO, posted earlier but lost in the nonsense on here. Maybe the IIs that have been reducing are continuing to do so, that will be made clear by an updated 8.3 if so. As also said earlier hoskings and T.rowe have held/increased slightly.
I know I am correct - I WORKED FOR THEM. I never said Flybe was part of BA. BAconect didn’t have dash8’s, they operated 145s and 146/RJs. They were paid in cash, with BA receiving shares in Flybe - which at the time were a Ltd company. Have a day off. You literally have no idea what you are talking about.
I said: Yes it did. I worked for BA connect and subsequently Flybe. The London city part was not acquired by Flybe and so BACF was formed. BA connect lost so much due to woeful outdated management and cost structure - of which is no more. BACF are looking to expand outside London city... Not sure how it could be more clear. BA paid flybe to take on BAconnect - which was formally bryman and host of other small airlines. The London City operations were NOT included in the deal.
That’s not what I said. I worked them at the time - I know what happened.
Yes it did. I worked for BA connect and subsequently Flybe. The London city part was not acquired by Flybe and so BACF was formed. BA connect lost so much due to woeful outdated management and cost structure - of which is no more. BACF are looking to expand outside London city...
This is tonight’s research. I’m not sure what it would mean tbh. As BACF is a subsidiary of BA/IAG the merger I guess would technically be in part with them. So some form of split? Or IAG just buy flybe out and then do the merger in house... Any other opinions??? (Sane people only to respond)
SD - Some IIs are selling out and have been since the profit warning. Hoskings and T.Rowe aren’t - each II will have there own management team making decisions. Why would an RNS land staying pending litigation? There was £50m in cash plus the additional £5m from hangar sale. Neither is it a key asset. It is just a hangar. IMO the hangar sale is linked to the upcoming merger. I have spoken to several people and all have the opinion BACF are in the frame, which as a stakeholder would be very happy with. Share price is down, lots of small sells - PIs jumping ship following scare stories shake downs. This is priced to fail, it won’t.
I wish people would stop commenting on every ******* movement of the share price!!!!! It is spamming the board.
Did some digging last night.. noises coming out of HQ are positive, wheels are in motion and it will be a good thing for staff. COW working round the clock. On that basis I am expecting some form of merger with BACF and Stobart. Synergies are there and it makes sense for all parties. More research required later but BACF made a £16m profit in 2014, they have expanded significantly since then so will be generating sufficient cash for a buyout. All IMO.
Hoskins still hold there 19% and Trowe still hold there 9% so not all IIs are selling. His kings have also increased slightly in the last few days IMO as no TR1 was ever issued. This BB is a sham now. Several good posts have just been lost in the noise (part of the plan)
Did some digging last night.. noises coming out of HQ are positive, wheels are in motion and it will be a good thing for staff. COW working round the clock. On that basis I am expecting some form of merger with BACF and Stobart. Synergies are there and it makes sense for all parties. More research required later but BACF made a £16m profit in 2014, they have expanded significantly since then so will be generating sufficient cash for a buyout. All IMO.
Short squeeze - seriously. How many shares are short 1% thats it. Lets keep it real.
The BB bashers are spreadbet numpties or payroll guys. The lack of research and numpty comments are the give away.
No TR1 from Hoskings. But RNS 21/Mar (14:17) - 18.44% and the RNS 14/Nov - 19.17%. Threshold crossed, should there have been a TR1? Have they increased very recently??
Auson, yes correct. I also noted that standard life aberdeen hold 2.91% where as they were not notifiable in March. Pelham down to 0.91% from 8.37%, so i am assuming they are out.