Flybe Share Discussion Threads

[sandcrab2] 14/1/2019 21:57

This cannot carry on for much longer without the LSE stepping in.

[danny baker] 14/1/2019 21:38

The Takeover Panel and FCA must be having kittens at the moment. Massive turnover in Flybe shares on Friday and only two Rule 8.3 announcements today by AT and T Rowe Price. I accept that many institutions had already exited and there were a lot of private punters dealing on Friday but the numbers just don't up. Add in AT telling people he had bought a stake before it was officially announced to the stock market and you have a flagrant disregard for stock exchange red tape. Is AT acting in concert with Stobart or not? I haven't a clue and it looks like the Takeover Panel doesn't either. I have never before seen such a shambolic takeover situation. Surely the Takeover Panel has to start enforcing its own rulebook or it will become a laughing stock.

[phillis] 14/1/2019 21:04

Buywell
You clearly don't understand the point made
This refers to what the offerors can or cannot do in an offer situation

Is it beyond you to read a few posts in order to get context?

[whatsup32] 14/1/2019 21:01

Uppompeli.
When I or Jimdi became members of advfn should not be an indication of who has higher intellect or which is right. Hopefully you don’t make your investments accordingly .

For the record I hold no Flybe shares or Stobart. If you are a holder and someone else does come out of the woodworks to offer you pound a share then I would be incredibly happy for you.

[buywell3] 14/1/2019 20:36

Yes and on some shares sometimes you can sell into the market at ABOVE the buy price


Have you done that one ?


It's all about supply and demand


Phillis14 Jan '19 - 17:45 - 8782 of 8791

WTW

you can buy in the market up to the price offered (not the other way round)

[uppompeii] 14/1/2019 20:31

Hmm you're a member since Oct 2018, he since 2000.

[whatsup32] 14/1/2019 20:09

JimdiGriz
Increase in load factor is no indication of improved profits. They may have reduced prices just to get cash in.
Flybe is a company bleeding cash and with all this talk of bankruptcy I am sure they would have had a lot cancellations and forward sales must have been Effected too.

There is a saying I’m sure you’ve heard. If you want to be a millionaire in the aviation business start as a billionaire.

The sale to someone with money and expertise couldn’t come fast enough. If the deal is not voted through then next step is bankruptcy .

There is no other interested party

[kierandoberman] 14/1/2019 19:33

You just have to know ! What a stupid statement ! . That's like saying only put your money on the Horse that's going to win . BIG LOL .

[elcapital2018] 14/1/2019 19:18

be careful of mug punters like maurillac. Nothing has changed, you just have to know when to buy and when to sell......just like before

[mreasygoing] 14/1/2019 19:08

There is a very real possibility that Flybe will go into administration if the takeover is voted down. Unless you or fellow investors have £100 million to put in ?

[advfn137] 14/1/2019 18:03

Thanks Maurillac.Top man......top advise

[jim digriz] 14/1/2019 17:48

Speaking as a veteran of several situations where a board have sold a company on the cheap against shareholders best interests I note the RNS conspicuously omits the usual line in such announcements where the board say that they have secured agreement from shareholders X and Y who have committed to sell Z% (where Z is usually a big enough number that it's a done deal). See for example: in which a 33% shareholder was agreeing to sell.

Unless I've missed something there is no suggestion that any major shareholders are onside with this. So it seems likely that the deal will not be voted through. It also seems likely that 1p is nothing like the ceiling price - for example Stobart were interested at c.40p not long ago since when the load factor has improved. It just happens that the board have not negotiated very well. It may be that shareholders have to do the negotiating for them by simply turning this down and seeing what happens next. Certainly, having lost the vast majority of what I have paid I have no motivation to vote for 1p and I'm unclear who else would have motivation to vote for 1p. £2.25m is chicken feed for Stobart/Virgin given the assets and strategic value of this company and I can't imagine they can't come up with a multiple of that. And even they know everyone knows that.

Anyway, we'll see soon enough.

IMHO DYOR

Jim

[phillis] 14/1/2019 17:45

WTW

you can buy in the market up to the price offered (not the other way round)

[advfn137] 14/1/2019 17:31

Calling on your experience!!!If you dont mind me asking:How much have you all earnt or lost via share dealing. Im new to this see. Have you won more money or lost more?

[wanttowin] 14/1/2019 16:27

names?...why not its peanuts to them... pretty obvious they want the deal.

[coscos] 14/1/2019 16:27

Oh and COW doesn't have a clue what she's doing. She's been stitched up like a kipper.

[daler1966] 14/1/2019 16:27

Sold out for 4p such a shame for Flybe and a friend who could potentially lose he's job .Good luck to all that still hold

[coscos] 14/1/2019 16:25

Tinkler is stating that Flybe has strategic value. Same thing happened with tcx few years back, everyone thought they were down and out but they zoomed back up on realisation that government wasn't gonna let them go bump. There's no government backing here, but the strategic value is far higher than the measly 1p that's been offered.Another player will come in.

[phillis] 14/1/2019 16:21

Hardtowin

They would look pretty silly wouldn't they

[minerve] 14/1/2019 16:05

Perhaps Stobart really need this deal to secure growing business at their airport. If Flybe go down it would hurt them. They have been trying to prove the business model at London Southend Airport and they used Flybe franchise to prove the model to other airlines. It cost them about £18M to do this. Tinkler could see this as a way of stabilising his current value in Stobart whilst at the same time leveraging his position to get back on the Stobart board.

I suspect this is industry consolidation disguised as opportunity and if Hard-Brexit is avoided then it will sway onto the side of opportunity. If Hard-Brexit occurs it would be more headwinds to swallow financially and I don't think Stobart (cash flow negative) or Virgin (killed Little Red) have little stomach for further headwinds ATM. Hence the Brexit clause.

IMO & DYOR

[dubian99] 14/1/2019 16:02

Hey ho only make their dd calcs 400% off

[once bitten1] 14/1/2019 16:01

Where's all the 1p warriors ??????