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Share Name Share Symbol Market Type Share ISIN Share Description
Fastjet LSE:FJET London Ordinary Share GB00BWGCH354 ORD GBP1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 27.50p 27.00p 28.00p 27.50p 27.50p 27.50p 93,485 07:44:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 44.2 -27.8 -0.3 - 4.52

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DateSubject
27/7/2016
09:20
Fastjet Daily Update: Fastjet is listed in the Travel & Leisure sector of the London Stock Exchange with ticker FJET. The last closing price for Fastjet was 27.50p.
Fastjet has a 4 week average price of 24.92p and a 12 week average price of 27.88p.
The 1 year high share price is 101.50p while the 1 year low share price is currently 19p.
There are currently 16,422,096 shares in issue and the average daily traded volume is 683,257 shares. The market capitalisation of Fastjet is £4,516,076.40.
22/7/2016
16:10
evil_doctor_facilier: zcaprd7. Did you read the rns? The reason the price was set at 50p is so the existing fund managers did not breach their % limits in any one particular stock. How would these fund managers buying millions of shares in the open market help raise funds to try and save their existing invested in FJET? Jeez dude this is all basic stuff here, the share price has not gone to the combine share and warrant price of circa 37p because nothing has really changed other than a rescue funding at an artificially high price due to fund mangers internal rules on holdings. The warrants are worthless as it stands, indeed as i pointed out already, it would actually cost you about 20p for the privilege of getting one of these worthless warrants as it stands.
22/7/2016
15:55
zcaprd7: I assumed the warrants have a value, and that is what stopping the share price from going to 50p? Those placing institutions should just be buying in market otherwise?
22/7/2016
14:19
evil_doctor_facilier: The warrants are virtually worthless. The warrants only have any value if the underlying share price is above the excise price. Considering also you would have to buy the placing share at 50p (20p) above what you could buy them in the open market to gain a warrant, means that the warrants would actually cost you 20p and be worth zero!!!! Sounds ideal Faye for many punters who post on advfn- fill your boots!!!
09/3/2016
16:06
ndege kidogo: I've taken a look at the Equity Dev analyst's note. I'm not sure which is worse; the naivety, the incompetence or the sycophancy. 2016 sales forecast is halved to US$ 90m from US$ 180m just 3 months ago; 'with the planned expansion into sub-Saharan Africa on hold'- the epicentre of Ed's world may be Gatwick but last time I was there Tanzania was definitely south of the big desert; the target share price is now 60p twelve months out. No mention at all of the fact that Stelios has called an EGM to sack 2/3 of the executive directors and that his actions are now the pivotal event in this company's future. Not even a suggestion that the current board's credibility is irredeemably trashed. Still I'm sure that Equity Dev copped a fee for this drivel; just hope it wasn't on credit. For free, my forecast 12 months out is 6p, with a reasonable tailwind.
01/3/2016
08:13
amt: No change in share price, sold half as protective measure.
01/3/2016
07:48
amt: Should help the share price I would have thought ? We are fortunate to have someone looking after us shareholders.
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?
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!

Fastjet (FJET) Latest Trade

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Trade Type Trade Size Trade Price Trade Date Trade Time Currency
O 20,000 27.50 27 Jul 2016 11:48:53 GBX
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