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Former CEO Of Stobart Group Andrew Tinkler Sells Entire 5% Stake
Wed, 15th Jan 2020 07:35Alliance News
(Alliance News) - Stobart Group Ltd on Tuesday said Andrew Tinkler sold his entire 4.975% stake in the company on Monday and now has no holding.

Stobart shares closed Tuesday in London at 107.00 pence, giving the logistics firm a market capitalisation of GBP400.9 million. This makes Tinkler's disposal worth about GBP20 million.

Stobart is part owner of financially troubled regional airline Flybe and also operates London Southend airport.

108.80 GBX +2.60 (2.45%)
14 Jan, 16:30 GMT · Disclaimer

looking for better day tomorrow
107.60 GBX +1.40 (1.32%)
14 Jan, 16:27 GMT · Disclaimer

LUCE could reach 250p in the future

Taylor Wimpey (LON:TW) Price Target Raised to GBX 230
Posted by Amanda Harley on Jan 14th, 2020

Taylor Wimpey logoTaylor Wimpey (LON:TW) had its price objective lifted by investment analysts at Deutsche Bank from GBX 187 ($2.46) to GBX 230 ($3.03) in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports. The firm presently has a “buy” rating on the homebuilder’s stock. Deutsche Bank’s target price would indicate a potential upside of 13.86% from the company’s current price

The government is considering measures including short-term funding to save Flybe from collapse.

where were the government when FLYB was in trouble to begging with?
Now Sir RB is involved - government thinks lets help a friend LOL.

better day today,
Shares of WM Morrison Supermarkets PLC (LON:MRW) have received an average rating of “Hold” from the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 237.38

Shares outstanding 160.80m
Free float 66.47m

332.52 GBX +14.52 (4.57%)
14 Jan, 08:50 GMT · Disclaimer

i agree and 180p entry looks good to me . nice.

154.80 GBX +10.30 (7.13%)
14 Jan, 08:17 GMT · Disclaimer

The government is to consider cutting air passenger duty on all domestic flights as part of a plan to save regional airline Flybe from collapse. BBC NEWS

Boohoo shares are seen rising 5% to 10% after the British online fashion retailer
raised its full-year outlook, a stark contrast to high street retailers.

Looks like it, another very good update from AAZ

Lower margins that could effect the share price today

Flybe boss Mark Anderson has told staff that he and the management team remain "focused" on turning the airline round.
BBC NEWS

22 February 2019



Stobart Group Limited

(the "Stobart Group" or the "Company")



Disposal of Stobart Air and Propius



Further to the announcement on 11 January 2019 in respect of the formation of the aviation joint venture, Connect Airways Limited ("Connect Airways"), Stobart Group announces that the sale and purchase agreement in respect of the disposal by its wholly-owned subsidiary, Stobart Aviation Limited ("Stobart Aviation") of its interest in Everdeal Holdings Limited ("Everdeal Holdings") and Everdeal Holdings group companies which indirectly hold the entire issued share capital of Stobart Air Unlimited Company ("Stobart Air") has become unconditional. Accordingly, the sale by Stobart Aviation of its interest in Everdeal Holdings and Everdeal Holdings group companies to Connect Airways has completed ("Stobart Air Disposal")

Worried passengers beg Flybe to tell them if their flights are at risk as budget regional airline is on 'the brink of collapse' and in last-ditch rescue talks amid fears for 2,000 jobs
Essex-based firm allegedly locked in crisis talks with government departments
The airline flies 8.5million passengers a year to 170 destinations across Europe
Passengers are tweeting Flybe of their concerns over upcoming booked flights
Flybe was bought for 1p a share last February following poor financial results
By MARK DUELL and ROSS IBBETSON FOR MAILONLINE

PUBLISHED: 23:37, 12 January 2020 | UPDATED: 08:31, 13 January 2020

UK regional airline Flybe in financing talks to survive -Sky News
Mon, 13th Jan 2020 07:36Thomson Reuters
LONDON, Jan 13 (Reuters) - Flybe, a regional British
airline, is in talks to secure new financing to help it survive
reported Sky News.

When asked about the report, Flybe said it didn't comment on
rumour or speculation, while the UK government's Department for
Transport also declined to comment.

Flybe was bought by Connect Airways, a consortium created by
Virgin Atlantic, Stobart Group and investment adviser
Cyrus Capital last year.

Sky News said Flybe, which connects airports like Birmingham
in central England to Paris as well as smaller European cities,
was on the brink of collapse due to mounting losses and as
Connect's financing requirements had become more onerous.

Should Flybe collapse, it would be the second high-profile
failure in Britain's airline and travel industry in less than
six months after Thomas Cook went into liquidation last
September, stranding tens of thousands of passengers.

Sky News said the DfT was considering whether the government
could provide any emergency financing for the company.

The DfT declined to comment. "We do not comment on
speculation or the financial affairs of private companies," a
spokesman said in an emailed statement on Monday.

Flybe said: "Flybe continues to provide great service and
connectivity for our customers while ensuring they can continue
to travel as planned. We don't comment on rumour or
speculation."

Type Ex-div date Payment date Amount
Interim * 05/12/2019 17/01/2020 6.18p