Member Info for Time2Buy

Think we now need to sit back and watch this unfold. In the interim keep a watchful eye on UTW

Flybe Group PLC (LON:FLYB) has announced that it is considering putting itself up for sale, leading to market speculation on possible bidders for the airline.

https://www.proactiveinvestors.co.uk/companies/news/209202/britsh-airways-owner-iag-and-easyjet-seen-as-among-possible-bidders-for-flybe-209202.html

But they are well within their revolving credit facility

The net debt as at 31 July 2018 includes net bank debt of GBP14.3m, which is funded by the Group's GBP25m revolving credit facility.

Deals like this will start to bring in revenue shortly

https://www.proactiveinvestors.co.uk/companies/news/200024/utilitywise-teams-up-with-vodafone-and-dell-to-launch-ground-breaking-energy-management-platform-200024.html

Yes but if there are other reasons they should report them to the market

Correct me if I am wrong. Last year the share price was above 50p. They state a drop in orders around 17% as they cut a lot of the under performing sub brokers and changes to their reporting moving to IFRS15 but there are also alot of positives but the company is now worth a tenth of it's value !! They even reduced their debt. Looks very oversold and the drop due to the seller just put the willies up people.

Could be a good trade tomorrow. See what happens on the open and make a decision. To think how high this reached and where it is now is quite absurd

For anything over 1000

No quote online above that

Thats my thought too. There are too many bashers about at present who just drive fear and compound issues.

http://your-hols.com/we-want-to-be-in-europe-for-a-holiday-at-least-bookings-are-up-despite-brexit-looming/

Momentum picking up now. I can remember this at lower levels than this many years ago and then rising to well over a £.

Bid is strong. May the force be with you

Nice and steady

Is it safe to buy a few now

in excess of £2

Brexit deal will be the kick start

https://www.travelmole.com/news_feature.php?news_id=2034900&c=setreg&region=2

"Despite warnings this will still be a bolt out of the blue. BALPA believes that Flybe is fundamentally a sound airline and we will scrutinise any offers to buy Flybe very carefully to ensure continued employment is protected."

Very strong rise and continuing

I wonder if the Japanese trials have come in better than expected. If so then it should be straight back to 20p at least.