Flybe Share Discussion Threads

[mhin2] 22/1/2019 11:38

Mr Hosking has donated £375,000 to the party over the past three years

[loganair] 22/1/2019 11:37

At the moment this share is a traders paradise but an investors nightmare.

[mhin2] 22/1/2019 11:36

Logan, I wait to see..

[loganair] 22/1/2019 11:35

All this talk about injunctions etc I think will all come to nothing in the end.

[mhin2] 22/1/2019 11:31

seems to me there might be an injunction and litigation ahead...but who knows. Lets hope the cosortium gets locked into litigation...I am surprised stob is not being shorted

[mhin2] 22/1/2019 11:30

Interesting to see Britains mosr corrupt and unethical bank (barclays) involved here in a number of capacities- short seller and advisor!

[loganair] 22/1/2019 11:29

It seems to me what is happening at the moment is to squeeze every penny from the Private Retail Investors by the Institutiona Traders before the deal is finally done.

[mhin2] 22/1/2019 11:16

Phillis, this was planned some time ago...

[mhin2] 22/1/2019 11:15

The board would say that wouldn't they...there is a lot they have not said!

[phillis] 22/1/2019 11:14

The BOD invited the auction and along with their advisors accepted the consortium offer
Where is the conspiracy?

[loganair] 22/1/2019 11:12

It seems to me what the board of Flybe are saying either they did what they did or they would have had to almost immediately cease trading which would have been a big deal considering Flybe operate so many of the UK's domestic flights.

[loganair] 22/1/2019 11:11

Instead of a traditional bid for Flybe’s shares, Connect is buying the main trading assets for £2.8mln, leaving the holding company as a shell for which the consortium would continue to pay a nominal sum.

Flybe said last week that it had no choice but to agree to the restructured deal because it had failed to meet unspecified conditions attached to a bridging loan. It added that it is also in desperate need of a cash injection in order to keep trading.

But Hosking and other shareholders are said to be furious because Flybe’s standard listing means they will only get a say on the holding company bid and not the sale of the assets.

In a statement given to Sky, a Flybe spokesman said: “The board of Flybe was faced with a very tough decision based on Flybe's current difficult liquidity position and the expectation that this pressure will continue.

“Obtaining the revised facility, as announced on 15 January, from the consortium provides the security that the business needs to continue to trade, which preserves the interests of its stakeholders, customers, employees, partners and pension members.”

[knowing] 22/1/2019 10:57

Looking good again. Great for trading at the moment. I see DOD is on the move after yesterday's drop

[mhin2] 22/1/2019 10:55

Wasnt Hoskings a major donor to the tory party?

[mhin2] 22/1/2019 10:53

Have the credit card acquirers released a wave of cash, or are they intending to do so...I hope they are under scrutiny and the SFO is involved

[coscos] 22/1/2019 10:47

Still rising eh? Who would have thought it.

[once bitten1] 22/1/2019 10:44

You should know me old china

[mhin2] 22/1/2019 10:43

O, what a tangled web we weave when first we practise to deceive! ...

[once bitten1] 22/1/2019 10:43

Yeah right !!

[mhin2] 22/1/2019 10:27

I wonder if Rowe associates will start proceedings in the US if any wrongdoing (which I think there is) comes to light.

[mcinta] 22/1/2019 10:26

Solid backing sold at a bargain DYOR! I believe...

[markyt] 22/1/2019 10:25

339000 someone knows alot more than Joe public 4 sure

[once bitten1] 22/1/2019 10:24

This is now very much in the M M's hands .. Watch this space .. I'm not wrong .. Anytime now there going to artificially drop this baby .. And watch as people run for the hills .I Had / have a former colleague worked for a well known Bank on the trading floor.. .Part of an analysts job was to monitor forums and sites like this to gauge mood and opinion.. to know when to manipulate a share . Ie. Tree shakes WATCH !!!

[mhin2] 22/1/2019 10:23

Phyllis all part of the conspiracy...xtra £1m subsidy at heathrow