Flying Brand Share Discussion Threads

[holgerl] 14/10/2006 07:55

The business was ungeared before the acqusition.
The company also has two unmortgaged properties which are probably worth £12m

Interest cover is so high it makes sense to borrow from the bank -and not dilute shareholders.

This will be £4 sooner than you think!

[clocktower] 13/10/2006 20:11

And following the Acqusition 18/09/06

"Flying Brands Limited ("Flying Brands" or the "Group"), the Jersey based multi
brand home shopping specialist (ticker: FBDU), today announces the acquisition
of the entire share capital of direct greeting card businesses Greetings Direct
Limited, Greetings Direct International and Greetings Direct Trading Limited
(together "Greetings Direct"), for a cash consideration of #11.9m, of which
#1.8m is deferred and will be payable subject to satisfaction of certain
conditions. The consideration is being funded by #2.4m of existing cash
resources and a new #9.5m debt facility. Greetings Direct is being acquired from
its current private shareholders who include Marten Nilsson, its Managing
Director."


I wonder who provided the facility of 9.5m and at what price?

Do you think it would be wise to raise funds to pay off the new debt while the share price is so high?

Could it be that this is being worked as AHT was to do just that? Only a thought.

It could be seen as an oppertunity!!!

How many acquisitions work in the short term?

BEWARE!!!!!

[holgerl] 13/10/2006 19:24

bring it on !

[drbeat] 13/10/2006 16:14

Clock, did you see them go over 300p - i concur with some others of 320p monday, stil only a PE

[holgerl] 13/10/2006 15:36

only one mm at 300p

[holgerl] 13/10/2006 15:34

looking good 4 monday

[drbeat] 13/10/2006 12:45

Aye! roll on 500p

[clocktower] 13/10/2006 12:30

You should have read all the posts around that time and before the company was split into two.Both having exceeded expectations.

We shall soon see if they ever get to the £5 plus they once were before the split drbeat.

[drbeat] 13/10/2006 12:26

yes, ure even more stupid then. thanks for confirming what we all knew

[clocktower] 13/10/2006 12:25

LOL...and it was sub £1 when I first posted in 2000.

[drbeat] 13/10/2006 12:13

Internet sales rose 37% to £2.6m last year.....

[drbeat] 13/10/2006 12:08

juct noticed clock tower has been deramping this since 2004 - if only he had gone long, he would have made over 100%. lol lol

[clocktower] 13/10/2006 12:04

drbeat, and wait for the spike to sell or short into.

[clocktower] 13/10/2006 10:48

LOL...BEWARE of foul mouthed rampers.

FBDU, is a good business but is it worth paying over 300p a share for?

Paul Fraser on 28/07/06

"With its flexible cost base, lack of bricks and mortar, strong brands, a
database of 4m customers, internet growth, cash generation and its Jersey
heritage, the group is maturing into a well established business with strong
fundamentals and we face the future with confidence."

No bricks and motar for CH.

Do you pay these levels for a mature business?

[holgerl] 13/10/2006 10:44

poor old tick tock, agree konkel, guys a thickie

[konkel] 13/10/2006 10:34

CT....for someone who clearly lives in Jersey you're track record in CI socks is woeful. Picked up your CIT at 65p yet??!!

[clocktower] 13/10/2006 10:27

Rude Ramper holgerl, It may well reach 330p or higher but once peaked CH may well bail out the boat as they have done so many times it seems.

Are you connected in any way?

[holgerl] 13/10/2006 10:13

Anyone watching the trades - over one million now. Once that clears should pave the way for 330p quit rapidly

[didas] 13/10/2006 10:12

The attraction for David Kirch is in the property assets but I believe that Flying Brands has now moved into a new phase capitalising on building its marketing database and applying cross selling techniques.

[holgerl] 13/10/2006 09:58

Level2 firmed. last mm left at 300p
must be that 250k buy that did it

[holgerl] 13/10/2006 09:41

Ive held some for almost 5 years and topped up some more recently, im hoping of a return to 530p. The latest deal is a stunner.

[holgerl] 13/10/2006 08:57

I dont want to filter you son, but youre a prat