Member Info for volcano

FLYBE VIBE! (1018 GMT)
British regional airline Flybe's collapse raises coronavirus alarm bells further in a sector
threatened by rising travel restrictions.
As one trader rightly described: "the impacts from the coronavirus on travel demand proved
the last straw for the beleaguered airline (Flybe)."
With the scale of the damage to the industry estimated at up to $113 billion by IATA, this
ain't a temporary problem, it could snowball into a major issue.
The logical question here is wouldn't falling oil prices be a cushion? IATA says the big
drop in crude prices is likely to lessen the blow only by $28 billion in 2020.
"The turn of events as a result of COVID-19 is almost without precedent. In little over two
months, the industry's prospects in much of the world have taken a dramatic turn for the worse,"
The International Air Transport Association says.
It is increasingly clear with the price moves in airlines stocks:

i am not buying anything at the moment ,i want to see the markets to settle first,and in my opinion US markets giving the wrong signal every day.it is not a time to invest now maybe quick trade now and again and that is not easy to get it right.
could be correction or bear markets who knows , i am cash at the moment .

and you might have take your spade and bucket ,lol.
LIBERUM CUTS ON THE BEACH GROUP PRICE TARGET TO 440 PENCE - 'BUY'

How did i missed that yesterday EMG going ex-divi.

Type Ex-div date Payment date Amount
Final * 02/04/2020 15/05/2020 5.10
Enjoy your lunch and don't mention losing money but then Tesco meal deal might give away, lol.

Type Ex-div date Payment date Amount

Special * 05/03/2020 02/04/2020 125.00p

Spirent Communications Raises 2019 Dividend Amid Robust Performance
Thu, 5th Mar 2020 09:40Alliance News
(Alliance News) - Spirent Communications PLC on Thursday reported a double digit increase in annual profit and revenue, driven by higher product demand and a better win rate with US defence contractors, leading to a payout rais

GLOBAL MARKETS-Coronavirus douses stocks rally; Europe, U.S. futures lower
Thu, 5th Mar 2020 09:39Thomson Reuters
* European stocks snap three-day winning streak

* Nikkei edges up 0.9%; investors still cautious

* Wall Street futures fall after Wednesday's rally

* Coronavirus still causing deaths, economic dislocation

* Dollar steadies, U.S. yields again dip below 1%

By Karin Strohecker

LONDON, March 5 (Reuters) - European shares fell again on
Thursday, taking their cue from U.S. equity futures, which
implied a lower open for Wall Street as cases of the coronavirus
surged in the U.S.

No we not but looking around the markets not many people will buy shares today.
FTSE 100 6,722.69 -92.90 -1.36%
FTSE 250 19,499.10 -243.73 -1.23%
FTSE 350 3,787.33 -51.60 -1.34%

BARCLAYS RAISES LEGAL & GENERAL PRICE TARGET TO 350 (347) PENCE - 'OVERWEIGHT'

CREDIT SUISSE CUTS MAN GROUP PRICE TARGET TO 160 (180) PENCE - 'OUTPERFORM'

JPMORGAN CUTS MAN GROUP PRICE TARGET TO 161 (173) PENCE - 'NEUTRAL'

JPMORGAN CUTS MAN GROUP PRICE TARGET TO 161 (173) PENCE - 'NEUTRAL'

Posted at 8:338:33
Stobart Group 'deeply disappointed' over Flybe collapse
London Southend Airport
BBCCopyright: BBC
The Stobart Group owns Southend and Carlisle airportsImage caption: The Stobart Group owns Southend and Carlisle airports
Stobart Group - one of the members of the Connect consortium which took over Flybe last year- has said it is "deeply disappointed" that the airline has gone into administration.

"The consortium wishes to express its immense gratitude to the 2,400 people employed by Flybe for their commitment and energy over the past 12 months."

The company added: "Flybe had shown promising signs of a turnaround despite the delay to receiving merger control clearance from the European Commission for its acquisition.

"However, despite the best efforts of all, not least the Flybe people, the impact of COVID-19 on Flybe's trading means that the consortium can no longer commit to continued financial support."

EasyJet is offering a "dedicated rescue fee" for customers who had a booking with collapsed airline FlyBe.

Until the end of May it will fly passengers for a fare of £65 - including a 15kg hold bag - if customers present their original Flybe booking reference.

It is also offering free flights for Flybe staff to get them home, valid today and tomorrow.

Yes i know i cannot find the reason and i was thinking to had EMG to my income portfolio.NOT.
SLA,PHNX, PSN, LGEN, AV.,BT. i need one more ?

WOW i didn't see that coming,
2019 results

• Revenue decline reducing: revenue growth in H2 in four out of six divisions, order intake of £2.2bn in 2019

• Profit before tax of £275m: underpinned by strong cost-saving programme and one-offs

• Cash generation impacted by investment in delivering operational improvements

2020 outlook updated

• Generating modest organic growth and sustainable free cash flow1 of at least £160m - both in line with current market expectations2

• Exploring non-core disposals to further simplify the portfolio and recycle capital

Confidence in long term unchanged

• Continue to build a more focused, sustainable business for the long term with growing free cash flow

yes i agree mate this will be bargain one day but who knows when ,at the moment travel companies are risky to invest.

Gerry have you sold SPT Markets are turning ?

Gerry in my opinion Markets will get worst before they get better but will it be correction or bear market , holding cash for now.

Morbox travel companies will be bargains in the near future in my opinion but not yet. i had to read a lot of RNS this morning ,
it was hard to concentrate on the eighty companies i follow ,lol

i was to busy over SPT and missed KIE this morning but i cannot find any news about EMG, it must be something to do with the US dollar and interest rate cut.it is getting bad now.
138.85 GBX -5.80 (4.01%)
5 Mar, 08:21 GMT · Disclaimer

Gerry i was to busy here and missed KIE this morning ,doh
116.00 GBX +14.50 (14.29%)
5 Mar, 08:15 GMT · Disclaimer