Flybe Share Discussion Threads

[mhin2] 24/1/2019 20:30

Exboker...do you always believe what somebody says, or do you think `there must be alternatives'...So let me reiterate again in my message below, to which you are welcome to respond with all your understanding as an ex broker

[mhin2] 24/1/2019 20:27

Loganair I dont like authoritarianism, dis-empowerment, collusion, corruption...do you?

[mhin2] 24/1/2019 20:26

Whatsup. There is a lot I do not understand, and the more I think, the more questions I have....is that a problem?

[loganair] 24/1/2019 20:24

Flybe has issued an update on the sale process that will see it taken over by Virgin Atlantic and Stobart Group, claiming the deal is due to be completed next month.

Flybe says the deal is now expected to be completed on 22 February.

[mhin2] 24/1/2019 20:24

I continue to make my thoughts known, and in all honesty...others can agree/disagree, but, given the deal, a lot was discussed/arranged and delivered in a very short space of time...I am sure you would not disagree.

You might argue they all worked bloody hard before, during and after the holiday period to co-ordinate all the advisers, PR specialists, marketing/business strategists, Accountants, Lawyers, Bankers, debtors, credit card acquirers (of course the organisational logistics would also have to be set up!) etc. etc.

Wow! quite a feat of co-ordination and organizations from the Nov. announcement of a `strategic review' and possible `offer of sale' .

POINTS TO A CONSPIRACY ...well at least to me....

You might argue (although there could be counters) that the conspiracy was necessary and desirable for jobs and infrastructure maintenance (I think Grayling was involved),...there is no denying there was a conspiracy here, the recipe and initial baking of which was pre Nov 2018 announcement. The rest was theater/performance

[whatsup32] 24/1/2019 20:23

mhin2...
what part of read the RNS do you not understand,
what part of 2 months is more then adequate do you not understand,
what part of assets are sold do you not understand and
what part of there is nothing to vote for do you not understand

[mhin2] 24/1/2019 20:10

Bray, they will give what they can get away with and what suits them. Me and you had disagreements on Flybes future, I did not realize you stood to lose.

[bray2] 24/1/2019 20:05

I wonder if Flybe will still give Q update end of month surely this will help understand what's happened in more detail so much miss leading information nobody has a clue.

[mhin2] 24/1/2019 19:51

I have made my thoughts known, and in all honesty...others can agree/disagree, but, given the deal, a lot was discussed/arranged and delivered in a very short space of time...I am sure you would not disagree.

You might argue they all worked bloody hard before, during and after the holiday period to co-ordinate all the advisers, PR specialists, marketing/business strategists, Accountants, Lawyers, Bankers, debtors, credit card acquirers (of course the organisational logistics would also have to be set up!) etc. etc.

Wow! quite a feat of co-ordination and organizations from the Nov. announcement of a `strategic review' and possible `offer of sale' .

POINTS TO A CONSPIRACY ...well at least to me....

You might argue (although there could be counters) that the conspiracy was necessary and desirable for jobs and infrastructure maintenance (I think Grayling was involved),...there is no denying there was a conspiracy here, the recipe and initial baking of which was pre Nov 2018 announcement. The rest was theater/performance

[mhin2] 24/1/2019 19:40

I think i have `heard' (herd) you a number of times...watched you on TSTR...getting the `angle' on you...and its not the sort of people I like...but hey ho, each to their own.

Best wishes to you, at least you are not dishonest in your caricature, unlike others.

At least you flushed out loganair, who has clearly seen my posts, but not responded.

Nevertheless I do not want what I said to be submerged in nonsense, so I will re-post below, so that people can make up their own minds about what has/is happening here.

[loganair] 24/1/2019 19:38

bullet ant - Filtered

[bullet ant] 24/1/2019 19:27

Hello biutiful people

Careful of your goolies and titties getting smashed in this harsh winter. The Ants are starving and pillaging everything along the way.


BA
Stealing is Good

[mhin2] 24/1/2019 18:36

Phillis, maybe I should just `STFU' and go away...BUT...that would be no fun!

[mhin2] 24/1/2019 17:51

I have not been impolite, but each to their own...I wont even bother voting you down phillis nor adding any additional letters to your name!...dont take that seriously :)

[mhin2] 24/1/2019 17:51

Whatsup...I have made my thoughts known, and in all honesty...others can agree/disagree, but, given the deal, a lot was discussed/arranged and delivered in a very short space of time...I am sure you would not disagree.

You might argue they all worked bloody hard before, during and after the holiday period to co-ordinate all the advisers, PR specialists, marketing/business strategists, Accountants, Lawyers, Bankers, debtors, credit card acquirers (of course the organisational logistics would also have to be set up!) etc. etc.

Wow! quite a feat of co-ordination and organizations from the Nov. announcement of a `strategic review' and possible `offer of sale' .

POINTS TO A CONSPIRACY ...well at least to me....

[phillis] 24/1/2019 17:48

Agreed
Moaning Minnie STFU

[mhin2] 24/1/2019 17:48

whats up...much has been pre-planned, who was/wasn't involved I dont know (beyond the core inner circle)...but remember he who pays the piper calls the tune.

[whatsup32] 24/1/2019 17:42

mhin2.

Time to give it a rest with your conspiracy theory and incompetent BOD. I have explained to you for there to be a successful conspiracy the banks, c.card company, advisors, lawyers, BOD , virgin and Stobart all have to be involved . That’s over 100 people at very least all agreeing to keep this a secret.

BOD have done what is the best for the company , all explained in RNS

Give it a rest.

[mhin2] 24/1/2019 17:34

Given the BODS action to sell their operating assets the day after Tinklers holding was announced, has left little/nothing of value. I do not know where the debt sits etc. The only hope here lies in Hoskings/Tinkler. I still believe there has been a conspiracy and a lot of forward planning. I would not be surprised if Hoskings and Tinkler used yesterday and today to reduce their holding..lets see what happens. I must admit, I find it shocking that the board could do what they did without the consent of the owners.

[exbroker] 24/1/2019 17:00

And for those who think there is any value left in the shell of the listed company chew on this, at least a £9M hole in the pension fund.
Why do you private investors not do your research properly.

Defined benefit pensions scheme
Flybe operates the British Regional Airlines Group Pension Scheme (the "BRAG") which is a defined benefit occupational pension scheme. The BRAG is closed to all new members with no employees accruing further benefits under the BRAG. The Scheme is currently administered by a corporate trustee, BRAL Trustees (IOM) Limited (the "Trustee").
Connect Airways has engaged with the Trustee to discuss ongoing scheme funding following the Acquisition, and has agreed in principle to a package of measures which will increase employer contributions, and is designed in the view of Connect Airways and the Trustee to provide sustainable funding for the BRAG post Acquisition and eliminate the Scheme's deficit over time. In particular it has been agreed in principle:
(a) to bring forward the BRAG's actuarial valuation from 31 March 2019 to 31 December 2018 in order that a new schedule of contributions and recovery plan may be put in place within good time following the Acquisition;
(b) that contributions payable by Flybe Limited to the BRAG for the first three years following the effective date of the new schedule of contributions and recovery plan will increase to GBP3 million per annum, with payments of at least GBP4.5 million per annum in the following years of the recovery plan (in both cases payable in equal monthly instalments);
(c) that Connect Airways will guarantee the payment of the first three years of employer contributions (GBP9 million) into the BRAG; and
(d) that the Scheme will have the benefit of a first ranking charge over a property post-completion of the Acquisition.

[t 34] 24/1/2019 16:48

Staggering volume today .

[once bitten1] 24/1/2019 16:27

You can't reason with desperate gamblers .. But nice try . They'll still buying .. Let them at it ...

[clippyclive] 24/1/2019 16:25

What a difference a day makes.