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Fastjet Share Price - FJET

Share Name Share Symbol Market Type Share ISIN Share Description
Fastjet LSE:FJET London Ordinary Share GB00BWGCH354 ORD GBP1
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50 +0.52% 96.50 96.00 97.00 96.50 96.00 96.00 54,897 15:18:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) RN NRN
Travel & Leisure 34.5 -28.5 -3.2 - 15.85

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DateSubject
16/9/2014
09:56
capetown1: coming next from Fastjet mug punters'ISIS are a positive for Syria and Iraq''Scotland voting for Independence is positive for the UK'shouldn't be surprised really because they also think'FJET share price crashing is positive for FJET shareholders'----What an unbalanced mind you have bringing those topics into Fastjet ,seriously get yourself checked out
16/9/2014
08:31
the stigologist: coming next from Fastjet mug punters 'ISIS are a positive for Syria and Iraq' 'Scotland voting for Independence is positive for the UK' shouldn't be surprised really because they also think 'FJET share price crashing is positive for FJET shareholders'
14/3/2014
15:03
sjg1: 5Jacko - "You boys try to get people to sell.. then you pick em up... good work." Do you really, honestly, believe that any comment on a BB will have the slightest effect either down, or up, on the fjet share price? Any buyer doesn't need to force people to sell - you could buy as many shares as you wanted and Darwin would be delighted. C'mon man, wise up!
19/11/2014
20:36
ndege kidogo: If I were still an investment analyst ( and I thank the Lord I'm not, sir) I'd be totally embarrassed to put my name to the drivel just put out by Equity Developments. A few issues which their teenage scribbler might wish to consider. 1. in their previous note they estimated the value of Fjet Tan at 3.5p per Fjet share. They still maintain this valuation even though Big Ed has given away 51% of Fjet Tan for nil payment. It remains to be seen at what price the Tanzanian locals will pay to buy these shares out of the slush bucket where they currently sit, but it's a fair bet they'll be at a whacking discount to the 3.5p ED valuation and even to the look through valuation from Fjet's current share price of 0.75p. Basically Big Ed's chucked away half of Fjet Tan in his desperation to raise some more working capital 2. What are the terms of this strange deal with the Tanzanian non-execs and their local mates with regard to future fundraisings. It's a certainty that flogging off the initial 49% will only raise enough capital at best to keep the planes in the air for a few months. What happens then? On the next fundraising does Fjet PLC inject funds pari passu with the 49%'ers or does it allow itself to be diluted down. If the former, where does it get the money from? If the latter, then as more and more money is pumped into Fjet Tan to try and make it viable, the faster any value to Fjet PLC will drain away. 3. Can ED quote any precedent where floating off a group's only subsidiary whilst it is still massively loss making and cash flow negative has proved in parent company shareholders' best interests, unless you're trying to create a cash shell? 4. If Tanzanian with a population of 50m can't yet sustain Fjet's operations profitably, where's the future in replicating a massive cash drain in Zambia with a population of 15m? 5. How can ED really believe that Fjet will have 24 planes flying by 2018 when it is currently balance sheet and cash flow insolvent and is losing US 30m this year on ED's own forecasts. Who's going to lease 21 planes to a company that shaky? 6. Is the ED analyst capable of independent thought or is he a paid scribed for Big Ed/ 7. What's going to be done to solve the problem of the current share price being below 1p par?
29/7/2015
11:59
vic_frost: Reassuring ... thanks BOD Movement in Share Price fastjet (AIM:FJET), Africa's low-cost airline, notes the recent fall in its share price. The Company knows of no material trading reason for the movement. The Company confirms it is trading in line with market expectations and expects to issue its results for the 6 months to 30 June 2015 on 30 September 2015.
06/5/2015
16:53
atino: (pssst!...) after 2 rounds worth of 'share consolidations' [over the past couple of years]...one of the net effect will be...'SP stabilisation' *__^...and less volatility ^__^ [Unless...adverse market conditions seriously impact it of course!] ...whats the whole POINT of consolidation! ⁀⊙᥮3;☉⁀ You fasten up the 'financial seat belts' ^__^...and clear up any 'loose shares' that maybe floating about!....ヽ(ಠ_ಠ)|94; LOL The lower the number of shares in circulation, and the GREATER the demand for it = SHAREHOLDER VALUE 웃❤2976; And if you don't believe in 'SP stability' taking place, nor its effect...THEN LOOK HOW STABLE the price become....AFTER the 'FIRST' round of consolidation *__^ (...that stopped the 'freefall' from the share price collapsing from its nominal value - didn't it ??? *__^ Alongside with the 'Darwin' disappearance ? *__^) [Just look at what we WITNESSED - POST consolidation *__^]....Wasn't the share price fairly 'stagnate' ? a range between 10p -1p - but NEVER falling below the 'nominal' THIS TIME *__^ [I mean hey...] I'm no chartist, but IMO...expect a price 'trading range' from now on [...perhaps £1 - £1.30'ish]...or maybe until any trading 'resistant lines' have emerged, or indeed, been broken....+/- of course (͡° ͜ʖ ͡°)
02/3/2015
07:54
plastow: FASTJET (LSE:FJET) starts our week of looking at obscure AIM shares. As the chart below shows, the share price is reacting to a trend but we're a bit bamboozled as to which trend! If it's the downtrend in light blue, the share price needs CLOSE above 1.33p to signal coming growth to a fairly useless 1.77p. But otherwise, any miracle closure above 1.42 (Dark Blue) will suggest the initial point of interest should be at 2.5p. But in fairness, we rather suspect a dollop of positive news will be required.That's the end of the good news as recent moves, while less than scintillating, suggest any weakness now below 1.175 will probably provoke travel to 0.82p and visually, we'd tend to hope for a bounce from such a level, so perhaps worth watching for in the month ahead once you've thoroughly researched the company ! Please remember, all we do are the numbers. Historically, this has traded down from a high of 46p, so it's got one heck of a lot of climbing to do.From the iii site ?
09/1/2015
12:53
deanmatlazin: Ed Winter spend over £300k in placing with share price of 1.6p in April nine month ago. Lot of potential at this price. Directors Dealing & Related party transaction Following their participation in the Placing, the Company has been informed that on 10 April 2014, Mr. Edward Winter and Mr. Angus Saunders, both Directors of the Company, subscribed for 31,250,000 and 6,250,000 Ordinary Shares respectively at a price of 1.6 pence per Ordinary Shares, and as a result their interests in the Enlarged Share Capital are 31,300,000 and 6,250,000 Ordinary Shares, representing 2.2% and 0.5% respectively of the Enlarged Share Capital. Current share price 0.925p.
23/11/2013
17:51
tenapen: ndege kidogo 21 Nov'13 - 20:01 - 3596 of 3607 1 1 yvke, it works like this. For example, Fjet tell Darwin they want to raise £ 1m when the share price is 4p. Darwin arrange to borrow in excess of 25 million shares ( in the past probably from Lonrho) and go into the market and sell enough shares for whatever they can get to raise £ 1m net. They then go back to Fjet, hand them the £ 1m and in return get new shares issued to them on a formula related to the lowest closing price over the few days before the end of their sell programme. Invariably because Darwin has been shorting such a big % of the company ( up to 20%) the share price has fallen. So, for example, if the strike price is 3p per share, Darwin will be issued 33.3m shares. Depending on their average selling price Darwin then has to return whatever shares they ended up borrowing ( from Lonrho or whoever) - for example if their average selling price was 3.33p they would have borrowed 30m shares- the difference is Darwin's profit, in this example 3.3m shares which they can then feed into the market unless they've already pre-sold them as part of the big short. At 3p, that's £ 100k profit for a couple of weeks' work. In addition they're entitled to a 5% fee on the £1m, payable in cash or by discounting the issue price of new shares to them by another 5%. Darwin always run a neutral position in that their short position is covered by borrowed stock. If there is any risk to Darwin in this arrangement, they've never been wrong footed yet from what I can see. The big uncertainty from here, as I see it, is who will take Lonrho's place as the lender of stock? If Darwin can't borrow large, they can't fund large. So maybe we'll see Fjet having to resort to even more frequent, smaller drawdowns. We'll see, but in the absence of the fabled long term investors pdq, this turkey will be 1p for Xmas. ----------------- If darwin were on such a winner ! why would they take Lonrho's stock at 2.85p ! if the share price is heading down further !.
14/1/2014
20:09
philltee: Tailgunner and 5 jacko, you two will get burned by this stock, you are both as clueless as each other. 5 jacko, you quoted me from 4 or 5 months ago, when the company setup was a little less clear. Since then, we have seen just how quickly they are burning cash, with no option but to make joe public pay for it, via their Darwin facility. Darwin are just transferring all of FJET's costs onto the small investors. I got hit at 5.8p and now that I am no longer an investor I am able to be a lot more objective, unlike you two. It really is a sorry tale when you release your best ever monthly stats, and the share price just dribbles away. As for your confusion over my statement, if you know how Darwin works you will appreciate that they need buyers to take their short positions. It is of benefit to them if the share price moves up, so they can get a higher price for their sells. But if there is no interest in the stock, and they have to shift say 50 million shares before it drops below their arranged buy price of say 2.5p, then they will be nervous about making a loss, and need to sell before it is too late. Thus the share price tanks again.Tailgunner, I thought it was quite funny when you said where are all the derampers when the share price is going up - have a look at the past year of this company's share trading, it's about 95% of down days, so it would be unfair not to allow you the time to rejoice on the odd occasion you have an up day! It really is once in a blue moon!

Fastjet Most Recent Trade

Trade Type Trade Size Trade Price Trade Date Trade Time Currency
O 3,000 96.50 04 Sep 2015 17:08:50 GBX


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