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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Rubicon Divers. | RUBI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 4.075 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.075 | 4.075 |
| Top Posts |
|---|
Posted at 22/7/2020 09:45 by ariane 07/22/2020 | 08:07am BSTlong trade Entry price : 40.92€ | Target : 46€ | Stop-loss : 38.5€ | Potential : 12.41% The recent downturn has taken Rubis shares close to a medium term support level around 35.7 EUR. The timing for a long trade in the stock appears good. Investors have an opportunity to buy the stock and target the € 46. |
Posted at 22/7/2020 09:41 by ariane SummaryThe company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. In a short-term perspective, the company has interesting fundamentals. Strengths The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 38.7 EUR in weekly data. Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 35.7 support. The company has attractive valuation levels with a low EV/sales ratio compared with its peers. The company's attractive earnings multiples are brought to light by a P/E ratio at 13.06 for the current year. The company is one of the best yield companies with high dividend expectations. Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential. Weaknesses According to forecast, a sluggish sales growth is expected for the next fiscal years. The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business. For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts. Below the resistance at 46.76 EUR, the stock shows a negative configuration when looking looking at the weekly chart. |
Posted at 13/12/2017 12:32 by ariane SynthesisThe company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility. In a general way and in a short-term perspective, the company presents an interesting fundamental situation. Strong points The current zone is a good entry point for investors interested in the issue in a medium / long term perspective. Indeed, the title evolves near the support of 48.68 EUR in weekly data. The proximity of medium-term support of 54.14 EUR offers good timing for the purchase of the title. Over the past year, analysts have steadily revised up their company's revenue estimates. BNA revisions have been sharply revised upward in the last 4 months. Over the past 12 months, analysts have largely revised up their profitability estimates for the coming years. The analysts covering the file mainly recommend buying or overweighting the stock. |
Posted at 02/8/2012 18:44 by bubble pricker Hi there, the 350k trade is an "OK" trade, which means an ordinary trade with delayed publication. So the actual trade occurred earlier. I don't think it is possible to infer any conclusions from this trade or your reported ability to sell "online" (meaning at YOUR broker) that there is a "buyer out there". In any event, if anyone wanted to buy in size, they would have had the opportunity to do so at the recent placing. This is also why the share price typically temporarily slumps after a PP. All the buying interest is soaked up by the PP and new interest has to build up before the share price can move again. I am glad I got in at 4p at the PP and now we need to to see what happens. Clearly, the plans and vision are great, but execution now needs to follow. Someone asked for recent financials for fly540. I am sure they are somewhere, but from the investor presentation I have seen it was clear that the reverse merger of Fly540 and Lonrho are not because of their operations but to utilise their licenses and landing rights. My understanding is that these two airlines are loss making and address a totally different market segment, namely business travellers, whereas FastJet will create a totally new, to date non-existing, market segment of low-cost air travel, similar to what EasyJet and Ryan created in Europe. |
Posted at 24/7/2012 16:37 by tomboyb TIDMRUBIRNS Number : 4054I Rubicon Diversified Investments PLC 24 July 2012 24 July 2012 RUBICON DIVERSIFIED INVESTMENTS PLC ('Rubicon' or the 'Company') Completion of GBP5.5 million Placing and Head of Terms for GBP5 million EFF Rubicon (AIM:RUBI) announces that the Company has raised GBP5.50 million gross by way of a placing (the "Placing") of 137,500,000 ordinary shares (the "Placing Shares") at 4 pence per share (the "Placing Price") with institutional and other investors. The Company has also signed Heads of Terms with Darwin Strategic Limited ("Darwin") for the provision of a GBP5 million Equity Financing Facility ("EFF"), over a period of 36 months. The subscription price of any draw down on the EFF will be at a 5% discount to an agreed reference price determined during 15 trading days immediately following the delivery of a draw down notice. Any exercise of the draw down shall have a volume commitment of a minimum of four times the average daily volume traded in Rubicon shares during the 15 days prior to activation, subject to certain restrictions which are yet to be finalised. A further announcement will be made describing the terms of the EFF in more detail, once the final agreement has been entered into. Darwin is a majority owned subsidiary of Henderson Global Investors' Alphagen Volantis fund. Net proceeds of the Placing amounting to approximately GBP5.23 million and any funds subsequently raised via the EFF will be used to further the Company's proposed launch of FastJet in Africa and for general working capital purposes. Admission & Placing Statistics Application has been made for the placing shares to be admitted to trading on AIM, which is expected to occur on the 2(nd) August 2012. The Placing Shares represent approximately 10.5 per cent. of the Company's existing Ordinary Shares and will, when issued, represent approximately 9.5 per cent. of the Company's share capital as enlarged by the placing. Following Admission of the placing Shares, the Company will have 1,449,330,135 Ordinary Shares in issue. This figure may be used by Shareholders, from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules. Ed Winter, Rubicon CEO, commented: "The additional funding will strengthen the Company's balance sheet and should increase the ability to lease aircraft on better commercial terms and assist with the roll out of the Airbus A319 fleet in Africa. The first A319 is scheduled for delivery in October." For further information please contact: Rubicon Diversified Investments Plc Tel: +44 (0) 20 7887 1421 Ed Winter David Lenigas Geoffrey White Richard Blakesley Citigate Dewe Rogerson (on behalf of Rubicon and FastJet) Tel: +44 (0) 20 7638 9571 Angharad Couch Sally Marshak Eleni Menikou W.H. Ireland Ltd. Tel: +44 (0) 20 7220 1666 James Joyce |
Posted at 19/7/2012 09:21 by someuwin * Name change to FastJet PLC in August.* Commercial flights to start in October. * Investor presentation tonight. |
Posted at 19/7/2012 07:14 by someuwin 19 July 2012RUBICON DIVERSIFIED INVESTMENTS PLC ('Rubicon' or the 'Company') Proposed Change of Name to Fastjet and Notice of General Meeting Notice is hereby given that a General Meeting of the Company will be held on 6 August 2012 at 10.00 a.m. at the offices of Thomas Eggar LLP, 76 Shoe Lane, London EC4A 3JB to consider the passing of a special resolution to change the Company name to FastJet Plc. The Notice of Meeting, together with a form of proxy, will be posted to shareholders today. Electronic copies of these documents are also available on the Investors section of the Company's website at www.rubicondiv.co.uk Ed Winter, Rubicon CEO, commented: "The company is now focussed on launching FastJet flights with its first A319 in October and the change of company name at this time reflects that progress." |
Posted at 04/7/2012 10:54 by tomboyb Rubicon says Fly540 June passenger numbers up more than 50 per cent7:19 am by Ian Lyall City broker Liberum Rubicon has the skillset to create Africa's first low cost airline and could treble investors' money in the process. Rubicon Diversified Investments (LON:RBI) said the number of passengers using Africa-focused Fly540 rose by more than a half last month. The airline, which will provide the platform for the new FastJet budget carrier being developed with the help of easyJet founder Sir Stelios Haji-Ioannou, transported 53,917 people last month compared with 35,766 in the same period in 2011. The stats, which are to be released monthly, are expected to chart the growth of business with a target of carrying 12 million passengers using the low-cost blueprint patented in Europe. It is an undertaking that will require a 40-strong fleet, but which would create a US$1 billion turnover business. Fly540 has been flying in the region for around six years now, has 10 planes (seven turbo-props and three regional jets) and, significantly, holds licences to operate from hubs in Ghana, Kenya, Tanzania and Angola. It carried around 750,000 passengers last year. Yesterday it announced FastJet will use the Airbus A319 as the backbone of the new fleet, and will take delivery of its first new leased aircraft in September or October. Separately, City broker Liberum Rubicon has the skillset to create Africa's first low cost airline and could treble investors' money in the process. Analyst Peter Hyde says the combination Haji-Ioannou and 73.7 per cent shareholder Lonrho (LON:LONR) ticks all of the boxes required to run asuccessful no-frills airline. Lonrho brings the African knowledge; the new management under Ed Winter brings hands-on operational experience of running a low cost carrier; Stelios brings credibility and supplier relationships; and Fly540 provides a developed platform. The market it addresses is also potentially huge and currently underdeveloped, says Liberum. Africa is currently the fastest growing continent in the world, but airline capacity is just one seat per year per 13,000 people. The US has 2.5 seats per person, while for the African market to grow to the size of Europe's would require an extra 1.7 bln seats. Rubicon is well placed to cash in on this potential, adds the broker, with air operating certificates in place in Ghana, Kenya, Tanzania and Angola These markets are comfortably big enough to take at least 20 Airbus 319s, it added. |
Posted at 28/6/2012 21:16 by tomboyb Interesting Proactive article - Personally would have a little difficulty in predicting numbers here but am awaiting tomorrow AGM - good luck chaps.The entire article if u don't like links - FastJet targeting the last great frontier for air travel 3:41 pm Flying high: a computer generated image of how the new FastJet fleet will look. It is an intriguing combination: entrepreneur Sir Stelios Haji-Ioannou and Lonrho, one of the preeminent names in African trade. If you've been reading the business pages you will know the two have come together to form FastJet, Africa's leading low-cost airline. With a population of one billion people and economic transformation underway, the continent represents the last great frontier for air travel. Lonrho is the owner of Fly540, which will act as the platform for the launch of FastJet. It has been flying in the region for around six years now, has 10 planes (seven turbo-props and three regional jets) and, significantly, has licences to operate from hubs in Ghana, Kenya, Tanzania and Angola. Fly540 is being injected into AIM-listed cash shell Rubicon Diversified Investments (LON:RUBI) in an all-share deal worth US$86 million. Lonrho will hold have 73.7 per cent of the business, which will be renamed FastJet, with Stelios's easyGroup receiving a 5 per cent stake and an option to acquire a further 10 per cent at a 30 per cent premium to the price of the last fund-raising. The easyJet founder will be on the board, although day-to-day control of the group will fall to chief executive designate Ed Winter, another pioneer of no-frills travel - first with BA's low-cost airline GO and then easyJet. And he is relishing the challenge. "Air travel in Africa in general has been reserved for business people or a thin strata of society, high-wealth individuals," Winter told Proactive Investors. "It is not for the ordinary man in the street. The ordinary man in the street either doesn't travel or if he does he travels long, dangerous journeys by bus or car. "This inhibits him from travelling. It means that he can't visit relatives or go where his skills are needed. We aim to democratise air travel." Democratising air travel means offering tickets for as little as US$20 before taxes one-way. While low by European standards, it might easily be a week's wages in Ghana. That said fares compare favourably with the alternative bus where journeys are arduous and dangerous. FastJet is pledging to work to European standards of safety security and customer service. "Neither Stelios nor I would be involved in an airline that didn't", said the FasJet CEO. If Winter and his team get the offering correct then the prize is potentially huge. There are 100 million people combined in the four countries where the new FastJet has bases, and 335 million in the 15-member Economic Community of West African States. It only has to tap into a small proportion of the population to have a viable business. In fact if say just three per cent of that 100 million use the service twice a year this translates into a business carrying 12 million passengers a year. The aim is just that - to get passenger numbers up to 12 million a year. It is a fairly ambitious target which would equate to a 40 plane operation turning over around US$1 billion a year. Fly540 currently carries around 750,000 passengers per year. However you only have to look at the low-cost travel revolution here at home in the late 1990s and earlier noughties that spawned EasyJet, Ryanair and GO to realise it is an achievable objective. Winter hopes FastJet will take delivery of its first leased aircraft by October and could amass a fleet of 15 in the next 12 months. However a lot will depend on just how fast routes take off. The maintenance will be outsourced to a big, European firm experienced in dealing with demands of the budget airlines and used to delivering a quality service. There has been a little grumbling in the City about easyGroup's brand licence agreement with the FastJet, with Stelios's company receiving 0.5 per cent of the revenues generated by the airline for 10 years on top of a monthly consulting fee. However, a simple back-of-the-envelope calculation suggests the relationship more than pays for itself if (as is likely) it results in lower leasing, employee and supplier costs. Still, it is unlikely to be a turbulence-free journey as FastJet develops, a fact Winter acknowledges. The initial challenge for the team managing it is to get African passengers accustomed to the novelty of frequent, reliable air travel. It is one of the idiosyncrasies of the continent that a plane may turn up at the allotted time and destination though there are many examples where it does not. This may explain why passengers arrive on the day and pay rather than committing themselves financially to a journey that may never occur. "Air travel has such a bad reputation [in Africa]. It is not reliable. So passengers tend to turn up at the airport cash in hand and if the plane arrives they pay," Winter said. "This is the culture that exists. It will take a few months to change the culture, give people the confidence that we are here for the long-term so you can pay for the ticket in advance and we will turn up and fly you." The internet here in the UK plays a huge role in the way tickets are marketed. Its impact is likely to be far less significant in Ghana, Angola, Kenya and Tanzania, where mobile phones rather than worldwide web are the dominant communication channel. Mobiles will be an important route to market, both as a marketing channel and a means of payment, as initially will travel agents and call centres, Winter said. Fly540 already receives mobile payments for flights in Ghana and Kenya. But creating a market for this low cost offering is just part of the problem. The other potential pocket of lumpy air is the fiscal regime operated in FastJet's four hub countries. In Ghana, for instance, the departure tax is something of the order of US$60 for regional flights.. Levies like this blow the low cost model out of the sky. However, FastJet is in discussions about reducing these fees and has put a compelling economic case for budget air travel. Independently verified calculations suggest the arrival of budget travel could lead to an increase in the tax take (including fuel duties). The challenge is persuading the authorities that low cost airlines will act as a magnet for international carriers and their wide-bodied jets that are taxed at even higher rates. To get it fully airborne, FastJet requires further funding, which will almost certainly be supplied by new equity investors. Analysts estimate the group will require US$15-30 million. Exactly how much it raises will in part depend on Lonrho and just how far it wants to dilute its stake in the carrier. The institutional welcome has been reasonably warm as Winter and his team have spelled out in broad brush their aims and ambitions for the group. Whether this translates into firm interest when the cash call gets underway remains to be seen. "It's difficult out there," said Winter, referring to the turmoil on the world markets and how it has affected institutional demand. If FastJet does achieve its ambitions, then the investment should prove a very shrewd one. That targeted US$1 billion a year of revenues might reasonably generate an EBITDA margin of 10 per cent, based on the performance of other operators. Applying a conservative multiple of eight times that EBITDA you might then have a business worth US$800 million in as little as 36 months carrying very little debt. "This is a significant value growth story," Winter said. "We have the opportunity to build a business at many multiples of what it is valued at today." |
Posted at 28/6/2012 16:46 by ndege kidogo The proactive investors article is blue sky tosh. How can you raise US$ 15/30m, lease 40 Airbus 320 type jets and end up carrying very little debt? The US$800m valuation is beyond ludicrous. Also I question where all these passengers are coming from for travel between hubs. African countries are still divided internally on tribal lines; for example how many Kikuyus in Kenya will have friends or family to visit in Accra or business to do? The very few who do will be in the diplomatic service or other international institutions where cheap travel is not exactly a discipline. The first thing most Africans do when they make some money is to buy a Mercedes and the second is to visit their money in Lugano not Lagos. I reckon the passenger numbers will take ages to materialise, way beyond 3 years. Best watched for the time being from the plane spotters gallery. |
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