Flybe Share Discussion Threads

[whatsup32] 10/2/2019 20:51

Explains why board had no choice

[whatsup32] 10/2/2019 14:47

For those who may think Tinkler is a good guy. Here is a few reason why he got kicked out of Stobart.

Just in case you thought he would be acting in favour of shareholders at Flybe.

He paid £1.6m for premium travel from 2015 to 18
He paid £2.9m for corporate entertainment
He paid 65k and 68k to pop star Ronald Keaton
He paid £1.6m for corporate travel and 170k for helicopter. Purchased from his own company .

Stobart is capitalised at near £500m and he spent nearly £5m on expenses.
Does that seem like a guy who is running the company for the benefit of shareholders or himself.

He comes across as a self indulgent crook.

DYOR , Buyer beware and all that rolox

[mhin2] 10/2/2019 13:32

Pensions: Tougher jail terms for mismanaging funds

...and its all over the media

WHAT AN IDEAL OPPORTUNITY TO RAISE ISSUE OF FLYBE MISMANAGEMENT

[whatsup32] 10/2/2019 09:37

Not sure I understand your post
Bought at 2.8p , taken at 3.35 , get to 4p
Most of the time there was 15-20% spread in bid offer.

[dudishes] 10/2/2019 03:47

The short position (remember I did say it would get to 4p), was taken at 3.35p, and bought at 2.8p, a whole £1500 profit, but not bad for one weeks work? Keith character got a right kickin!

[whatsup32] 09/2/2019 16:47

europa79

With respect Norwegian did exactly the same. When IAG withdrew their interest Norwegian stated they were doing good and weren’t that interested in the approach.
This week they gave a profits warning and asked IAG to return.

[bray2] 09/2/2019 16:07

Employees will get made redundant under new company anyway

[europa79] 09/2/2019 15:10

I strongly believe that this has been planned for months. The positive statements made by the BOD after reporting in March that Stobart had withdrawn from making an approach to take over the company fooled so many private investors, including myself.
Was the rumour of Stobarts offer of 40p correct or just a ruse? After the RNS stating that Stobart had withdrawn their approach, the BOD were still uttering positive statements. I took this as a sign of confidence and that the BOD believed the company was worth more than the rumoured 40p. In reality, surely, if offered 40p or more, the BOD had a responsibility to allow shareholders to vote on the takeover. So, who is responsible for the rumour of the 40p offer ???

[sweyn] 09/2/2019 13:52

So you don't care about all the employees that you would see unemployed them? What did they ever do to you?

[bray2] 09/2/2019 12:37

I'd say investors would get more if the company was carved up and sold off in chunks

[europa79] 09/2/2019 12:06

Hpcg..you might as well say that successfully robbing a bank without hurting anyone physically is a job done well. Doesn’t make it right though!!

[t 34] 09/2/2019 10:48

ha ha ha ha

[hpcg] 09/2/2019 09:40

Devastated19 - your words are exactly why the board has done well to preserve jobs and customer's flights. There is a cohort of private investors which, for reasons I cannot comprehend, would rather see their investment go to zero and punish others than rescue whatever capital they can. Every single investor from Warren Buffett down, every single investor , opens what turn out to be loss making positions. With losses an inevitability successful investors and long term losers group themselves by how they deal with them.

[exbroker] 08/2/2019 23:48

Whatsup
That must be the total short position, and I think I know those involved!
May have been closed as the borrow was pulled this week.

[whatsup32] 08/2/2019 22:51

Exbroker

hxxps://shorttracker.co.uk/companies/?sort=2&d=desc

Page 10 on the short list

[devasted19] 08/2/2019 22:27

I hope all shareholders stand united on this one if we don't we will see repeat market manipulation continue. We need to stop this from happening. We need to make a stand.

[devasted19] 08/2/2019 22:22

Am voting NO and backing Hosking Partners all the way. They can use their scare tactics in house as majority share holders have lost faith in them. Am confident the majority wil vote no and not fall into their sob stories. Come on waiting on positive news something is happening in the background just a matter of time

[bray2] 08/2/2019 22:21

Couldn't agree more the board have not considered investors in any negotiations more concerned with ones own futures

[devasted19] 08/2/2019 22:11

How can CEO be entitled to such a bonus on a failed company the law needs changing to protect investors that money should go to shareholders not highly paid management that are well off anyway. No wonder they are eager push deal through hope it fails

[bray2] 08/2/2019 21:41

The ceo needs the deal to finalise to get her 1 million bonus

[mhin2] 08/2/2019 20:59

bray I doubt litigation will happen. I don't think the `chocolate teapots' (FCA, SFO etc) will do anything, their track record is abysmal, and merely serve as a pretense of regulation. Hoskings/Tinkler will, I think, be compensated one way or another....its an elite game. However, if Tinkler and Brady maintain animosity, and Hoskings and Tinkler are colluding- then who knows (they will choose the timing that best suits them). Lets hope there is irreconcilable animosity between the, seemingly, opposing parties...that, I think, would be the best outcome for PI's. But be clear about the nature and functioning of British Capitalism, which is quite happy to screw anything/anybody that gets in the way of their enrichment (see pension scandals, tax havens, the authors of city/government rules on the financial sector, Lawyers working on the margins etc. etc. for instance)