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Share Name Share Symbol Market Type Share ISIN Share Description
Flybe Grp LSE:FLYB London Ordinary Share GB00B4QMVR10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.964 0.964 0.99 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 752.6 -9.4 -4.5 - 2

Flybe Share Discussion Threads

Showing 16076 to 16098 of 16775 messages
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DateSubjectAuthorDiscuss
30/1/2019
22:38
Whatsup32 They disagreed with the Board decision just as you disagreed with one or two posters opinions on this thread.
cleverinvestor
30/1/2019
22:27
(Flybe has informed Hosking Partners LLP ("Hosking") that the documentation as received is not a valid request under section 303 of the Companies Act 2006 because such a request must be made by a member of the Company. Flybe has therefore invited Hosking to procure that a valid request under section 303 is submitted.) Assuning Hosking's doesn't want to transfer their shares from nominee, it will cost peanut to become a member 1 share required. 4p plus broker charge of £5 so total cost of £5.4 to become a member. The saying clinging on to a straw comes to mind
cleverinvestor
30/1/2019
22:19
Can’t understand some here. when they ‘sold’ connect BA paid Flybe to take it of their hand. Virgin and consortium have done the shareholders and staff a massive favour by buying it as a going concern , taking over the debt , pensions and paying shareholders £2.5m as well. They should be saying thank you instead of threatening court action
whatsup32
30/1/2019
22:14
"I hope it was on soft paper" Preferably with puppies embossed on them. LOL
minerve
30/1/2019
21:52
toonmag I hope it was on soft paper.
exbroker
30/1/2019
17:29
I have just received confirmation of acceptance of my original complaint to the FCA ,who have agreed to forward the complaint to their market integrity unit. This is separate from my complaint, yesterday,to the Serious Fraud Squad.
toonmag50
30/1/2019
16:57
That’s exactly what BOD have said to all shareholders
europa79
30/1/2019
16:13
Just read the news release from BOD to Hoskins. Didn’t realise there were so many ways to say. “f.....k you”
whatsup32
30/1/2019
16:10
Not over til the fat lady sings. Can't you see how desperate the Flybe Board are becoming? They're under the cosh and fighting for their lives. An independent enquiry is looking more likely here after today's announcement.
coscos
30/1/2019
15:54
coscos - problem is that the company doesn't own very much anymore :/
mill5ey
30/1/2019
15:49
In his letter offering to take the Chair of Flybe he stated that he'd received over 40% support from shareholders.Hoskings is at 19% Tinkler at 12%, obviously must be others there too.
coscos
30/1/2019
15:39
coscos How do you get to 40%?
exbroker
30/1/2019
15:31
What arrogance from this Board of directors! Eric Kohn has over 40% shareholder support and they completely disregard it. Somebody needs to remind them as to who owns the company.
coscos
30/1/2019
15:28
As an almost 19% shareholder Hoskings are not going to like this response at all. I eagerly await their response. I'm actually enjoying this now.
coscos
30/1/2019
15:23
The stock must be held on a CFD so Hoskins are not the legal owner, the prime broker is, school boy error!
exbroker
30/1/2019
15:19
Sharp drop after RNS but bounced just as quick.
europa79
30/1/2019
15:12
Think the Flybe board are going sh*t or bust with latest announcement. Never seen a Board of directors so much up their own ar*e. This is going to get nasty now.
coscos
30/1/2019
15:10
sounds like Hoskin's need a better lawyer
tonysss13
30/1/2019
11:33
Http://click.news.flybe.com/u/gm.php?prm=NxspTMMZPY_785069548_343235_317197 BA being dumped. Please do your own research as always.
qantas
30/1/2019
01:16
Clever, I dont disagree. But look at this from different perspectives...the board of flybe compromised share holders in their need to hide their failures. The bod/owners of Virgin,stob and cyrus took the opportunity. Hence Hoskings argue that the value has been transferred, which it has. They are also, implicitly, arguing that on the evidence the board have been part of the conspiracy...hence the investigation aspect. I think the conspiracy has been some time in the making, and it would be good to see what actually happened, as far as it is possible. Interesting to see what happens .
mhin2
30/1/2019
00:11
Mhin The consortium offered #2.2m for Flybe. The card acquirers hold Flybe #16.2m cash as collateral. No wonder the share price stubbornly above 1p since the takeover recommendation by the BOD. Mr Market knows better
cleverinvestor
29/1/2019
23:58
clever, the Stob/virgin engagement with the credit card acquirers seems to have led to "the Group's card acquirers [choosing] to seek significantly higher cash collateral", the very act that would allow them to attempt to justify taking all of flybe `value'. That cash will/has to come back eventually. I am glad, you and others, see what is happening here. But many companies have gone under because of liquidity. As far as I see it, Flybe liquidity/cash flow is, as in all consumer orientated businesses, short term fluid, but short-medium term revenue/profitability that is significant. The board/takeover/offer has provided no information on any of this. However, I can see why the board thinks this is good (and I dont think I disagree), but the actions of the board seem to indicate that all costs can be borne by Flybe shareholders and returns passed to the board and consortium. Of course, I think this was pre-planned, but it did not have to be like this Not only are there many ways to skin a cat (horrible saying), but their are many ways to create a win/win situation. I think the consortium/board have miscalculated, and they (and flybe shareholders, and the consortium) could pay a heavy price.
mhin2
29/1/2019
23:34
Mhin2 You're spot on! Reading between the lines, it seems the crisis was instigated by the card acquirers. Why? Extract below were buried in the notes re: Half year result Flybe Group Plc 2018/19 Half Year Results RNS Number : 2614H Flybe Group PLC 14 November 2018 Going concern Since September 2018, the Group has provided partial collateral to its two main card acquirers. As at 13th November Flybe has provided £16.2m total cash collateral thus lowering unrestricted cash available to the business. The level of the cash collateral is expected to rise and fall from the seasonality effect of our sales, with the highest cash collateral required in the spring leading up to the summer flying programme. In the normal cycle of business December and January have the lowest level of cash balances. There is a risk that card acquirers may seek greater protection and thus more cash collateral in the future or terminate with notice. Existing card acquirer contracts enable them to call for up to 100% cash collateral and additional card acquirers are actively being sought. After making appropriate enquiries and considering the assumptions and uncertainties described above, the Directors consider that it is appropriate to adopt the going concern basis in preparing the consolidated financial statements. Accordingly, the financial statements do not include any adjustments which would be required if the going concern basis of preparation were deemed to be inappropriate. If the Group's card acquirers were to choose to seek significantly higher cash collateral and the Group cannot access sufficient additional liquidity, this would give rise to a material uncertainty which may cast significant doubt about the Group's ability to continue as a going concern. 19. POST BALANCE SHEET EVENTS Since the period end Flybe has paid £9.4m to a credit card acquirer as security to cover their risk for unflown flight refunds.
cleverinvestor
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