Esken Share Discussion Threads

[napoleon 14th] 24/3/2021 23:51

hxxps://news.sky.com/story/vulture-fund-swoops-for-stake-in-southend-airport-owner-esken-12255695

[john09] 24/3/2021 22:25

It was a talk talk situation before this evening. Tosca own 29%

[mayers] 24/3/2021 22:22

Is this another TALKTALK situation?

[lpavlou] 24/3/2021 22:14

They could have acquired up to 10percent. Surprised existing shareholders have sold at such a price level

[john09] 24/3/2021 21:56

Tosca own 29%

This could get very interesting

Will Tosca make a move and trip the 30% mark?

[john09] 24/3/2021 21:39

The restructure of Swissport that they led on reduced Swissports debt by 1.9bn euros

[john09] 24/3/2021 21:32

Well its a bargain

£200m cap and £75m cash

Does it need a cash injection? I think perhaps the board will think not

It’s so cheap i think they’ll want the lot?

[w1lbur01] 24/3/2021 21:13

Not sure if it's good or bad but accounts for the volume I presume

[w1lbur01] 24/3/2021 21:09

Vulture fund swoops for stake in Southend Airport-owner Esken

[lpavlou] 24/3/2021 20:18

That's 2 days this week of heavy volume. Must be year end stuff as otherwise the price would have taken off

[y1phr1] 24/3/2021 19:23

The missing 000

[john09] 24/3/2021 17:18

Expect some movement finally

[john09] 24/3/2021 17:18

48 m . Wow

[john09] 24/3/2021 17:11

15 p swing on IAG today too

[john09] 24/3/2021 16:48

Make that 36m

[john09] 24/3/2021 15:14

32 million shares traded .....

[john09] 24/3/2021 15:12

For those following this but waiting for the precise entry point my suggestion is that you buy before the end of next week. I think markets will start to look forward by then once more

[lpavlou] 23/3/2021 23:39

Cash, Ryan air will have about 12 flights a week out of Southend in June, but the airport will need a lot more to make any money. The way the third wave is hitting Europe, I can see Boris putting back flights until end June. Southend is only attractive to airlines due to cost, but with so much spare capacity at Stansted and Luton, it will be a while before more airlines commit to Southend again.

[casholaa] 23/3/2021 20:54

@Pav, there was a chap interviewed on Sky yesterday from Southend airport alluding to travel recommencing in June.

[lpavlou] 23/3/2021 19:38

Let's see in the next few days if anyone has bailed out or whether it's just portfolio re-adjustment

[john09] 23/3/2021 17:03

Yep same price action every day. Big boys loading up .

[y1phr1] 23/3/2021 16:39

Nice 9 and half million buy at close

[lpavlou] 22/3/2021 21:58

Given the carnage in travel stocks today, ESKEN have got off lightly or has the market written off their prospects, such that the share price can't drop any lower.