Rubicon Software Share Discussion Threads

[cufes2] 13/12/2011 08:25

Hmmm, I seem to recall you were saying a placing to pay for the Lonrho stake that was already done and NOT for WHI institutional investors . . . I didn't dispute another placing if you re-read my posts . . .

[kinghorm23] 13/12/2011 08:15

Multiple names now.

graco5 - 13 Dec'11 - 08:14 - 27537 of 27538

Bought RUBI now that placings out the way.

[yashdi] 13/12/2011 08:15

Lets hope they buy something with it

[zztop] 13/12/2011 08:11

gonna buy a jet... :O)

[cufes2] 13/12/2011 08:03

I wonder what they need £9m for as it's a lot more than is required to pay for Stelios and his management team . . .

[kinghorm23] 13/12/2011 08:02

LOL

Remember Graco chaps ?

Well this is his new username !

mackyboy - 13 Dec'11 - 08:01 - 27528 of 27528

RUBI £9m placing to institutional investors at 4p. This only values the east jet/fast jet brand at £12m. Far to cheap IMO.


Watch this go into double figures pretty quickly from here!

[yashdi] 13/12/2011 07:57

From the ADVFN it looks like this will open at 4.25 - 4.5p today

[looky] 13/12/2011 07:47

Mildred

Tend to agree - it looks very cheap but i will wait until the press conference (Heart clearly were a day early!) and see the extent of the Stelios team involvement before dipping my toe in the water. If they appear luke warm then i cannot see the upside.

[mildred49] 13/12/2011 07:38

As placings go that is pretty good at a significant premium to 30 day Moving Average.

At 4p Mkt Cap is £12m with cash of £9m

That is giving too little value to the Fastjet.com brand, Stelios involvement and the potential for Fly540 to be Reversed into RUBI

[yashdi] 12/12/2011 15:45

Tomorrow after 11.00am is a critical day for this stock once the resolution is passed the team can start planning the launch of Fastjet.com.

[sweepie2] 12/12/2011 15:33

Keeping my fingers crossed that it reaches my 4p target before it flies again

[bozzy_s] 12/12/2011 15:26

Because there are more sellers than buyers? !!!!!!

[diya] 12/12/2011 14:56

Does any one know why this share is falling?

[yashdi] 12/12/2011 10:37

I cant see a press conference beforethe AGM tomorrow to me it does not make sense, It makes more sense to do it after the AGM tomorrow once the shareholders give the Green light. If there is a press conference tomorrow then this will help the share.

[looky] 12/12/2011 09:46

Heard it on Heart

[simonparker5] 12/12/2011 09:21

looky can I ask where you heard this? Have you got a link?

[looky] 12/12/2011 09:15

Just heard on the news that Stelios is holding a "big" press conference later today to outline the plans for Rubicon. Should be interesting!

[zztop] 10/12/2011 18:36

will do thanks

[yashdi] 10/12/2011 18:29

Checkout Fastjet.com Website, it has all the articles related to Rubicon, Lonhro and Easygorup tieup. I think it was updated today, this will be a good source of information.

[yashdi] 10/12/2011 14:29

Agreed... roll on Tuesday we will have a bit more direction on this company. If they get the goahead then we should in the long term see this stock fly. I wouldnt be surpised if people go in on Monday before the news.

Great product, Low cost airline there is demand for this all around the world so why not in Africa. Africa has good potential. Fastjet.com is a brand that Stellios wanted to launch in September 2011.

Great Management team Lonrho and Easy Group. Lonrho managment team has experience in the African Aviation market Fly 540 a 49% owned copmany, Easy Group Aviation team has the knowledge of implementing the Low cost Airlines. together they make a good managment team. Lonrho management team have expereince working with Easy Group, the Easy hotel brand in Africa.

Rubicon have managed to secure a good future lets hope the shareholders see this on Tuesday.

[tobler] 09/12/2011 12:39

all quiet...everyone snoozing until 'approval' at the GM on Tuesday...

...wouldn't be surprised if there is some new news on Tuesday to add some rasmatazz to the proceedings...the PR machine was in full swing last week, expect this to continue as Stelios new venture in aviation is BIG news...

[yashdi] 08/12/2011 20:08

Another Article on Rubicon released today in daily nation.



In Summary

•New deal between EasyGroup and Rubicon likely to be ratified next week





Africa is set to get its first low-cost budget airline service, thanks to one of the world's leading experts in the field, EasyJet founder Stelios Haji-Ioannou.

The deal is likely to be ratified next week, December 13. If the agreement between Sir Stelios EasyGroup and Rubicon Diversified Investments (RDI) goes ahead, it will be a first for Africa, which is one of the few areas of the world that lacks a continent-wide low-cost airline.

Stelios' success in the field is unparalleled, with easyJet and its main rival RyanAir having dominated the European market over the past 20 years at the expense of more established companies like British Airways, Air France and Alitalia.

The EasyJet founder has signed a conditional agreement with RDI to develop a "low-cost, point-to-point, no frills, all-jet aircraft" business model for Africa.

This could see Sir Stelios link up with the management team behind Roland - Tiny Rowland's former company Lonrho - to create the new airline.

Where the airline's hub will be remains uncertain, as do the number of aircraft bought and the destinations originally established.

But it is highly likely they will include the major East African cities of Nairobi, Dar es Salaam and Uganda, as well as centres in South Africa and West Africa.

If the group is established next year, it could become an exciting rival to Kenya Airways, which is planning to extend its network across Africa, and other regional airlines.

One possibility also being mooted, according to the Daily Telegraph, is for the new airline, which is likely to be called FastJet, to link up with Lonrho's existing budget airline Fly540.

Sir Stelios and Lonrho already have a commercial deal under which they use the Easyhotel brand in Africa.

Lonrho is reported to open a network of 50 hotels across Africa over the next five years.

Mr Robert Burnham, the chairman of Rubicon, said in a statement that the company was "very pleased to have secured the management team of EasyGroup to advise us on our proposed strategy of building a world class aviation company with a focus on the significant potential in Africa."

The proposal is conditional on the resolutions being approved at Rubicon's general meeting on December 13.

Earlier this year, Stelios unveiled plans to set up another airline and call it fastjet, stoking already difficult tensions between easyJet management and Stelios, whose family is the largest EasyJet shareholder with 38 per cent.