Fastjet Share Discussion Threads

[zen12] 25/6/2020 10:15

Source plz? Wow if true!

[36jay] 25/6/2020 10:14

FJET rumours of Jv with Ezy jet.

[barnes4] 25/6/2020 08:59

Roar told you inch highs

[zen12] 25/6/2020 08:46

Wrong board...go scgl!

[letmepass] 25/6/2020 08:41

SCGL amazing news.

[mister md] 25/6/2020 08:32

wasnt m&g out already built into yesterdays spike ?

[snoopy12] 25/6/2020 08:21

You can sell in excess of 5m in one hit.

[mcrudden] 25/6/2020 08:21

Plenty waiting for the tr1 to drop, wouldn't want to be short here

[snoopy12] 25/6/2020 08:18

Pretty much on most people's radar that includes day traders.

[mcrudden] 25/6/2020 08:16

Someone's panicking Barnes lol lol

[ak62] 25/6/2020 08:12

fjet will touch .30 today

[snoopy12] 25/6/2020 07:54

I think we may probably see a large reported sell at some point this morning as the Mms will try and drag it down but later might just have to let it go.

[roughandtumbleone] 25/6/2020 07:45

Wasn't lodged... is what I meant

[roughandtumbleone] 25/6/2020 07:44

Barnes.Can you explain your rationale please? M&G have by their announcements been selling stock hence the demise of the stock. Yesterday, the fact 313m was sold it would appear their holding has gone. The rules clearly give time to the threshold changes via TR1 so it's nothing unusual to not see the holding change straight away...it can and will land unexpected but it doesn't mean jot just because it was lodged at 07:00Have a good day all. Beautiful morning.!

[h2owater] 25/6/2020 07:43

Look out for an intraday RNS to confirm M&G are out!

Maybe after hours rns.

23/06/2020 15:12 UKREG Fastjet PLC Holding(s) in Company
19/06/2020 12:13 UKREG Fastjet PLC Holding(s) in Company
16/06/2020 17:05 UKREG Fastjet PLC Holding(s) in Company

[barnes4] 25/6/2020 07:25

Fastest finger first no pun intended

[barnes4] 25/6/2020 07:22

Are we sitting comfortably folks for a nice red day?

[jasonpugh] 25/6/2020 06:59

No rns today

[snoopy12] 25/6/2020 06:32

Morning, I think that is old news RT but let us hope for the best today.

[roughandtumbleone] 25/6/2020 00:31

Further to my message here's a confirming message from LSE...It has entered discussions with certain shareholders to explore options to restructure the company or secure a capital injection.The restructuring proposal would involve divesting the Fastjet Zimbabwe division to a consortium which would be led by Solenta Aviation Holdings – the majority shareholder of Fastjet Group.This consortium would also comprise local Zimbabwean investors.Divestment would generate a consideration of $8 million from this consortium, says Fastjet Group, and relieve it of some $5.4 million in liabilities as well as $3.2 million of aircraft capital expenditure.The proceeds would be used to settle current liabilities and provide working capital sufficient to fund the company into the 2021 fiscal year.This proposal would mean Fastjet Group – which has already divested its Tanzanian division and suspended its Mozambican arm – would effectively become a franchise house.It would generate revenues through the Fastjet brand and providing airline management services to other independently-owned carriers in Africa."The group would aim to only own airlines once they were cash-generative and profitable," says the company, enabling it to avoid start-up costs and the uncertainties of operating in Africa.Initial discussions on the proposal have been "positive", it claims.Fastjet Group would be given the option of returning as a shareholder by re-acquiring its stake in the Zimbabwean operation within three to five years. It would also continue to hold an interest in the FedAir operation

[jasonpugh] 24/6/2020 23:11

Barnes 4
Not only are you off the mark with fastjet
But can say with 100% confidence that you will be very surprised at NUOG rto readmission... enjoy

[barnes4] 24/6/2020 22:54

Agreed but the inches never listen

Down tomorrow imo