Rubicon Software Share Discussion Threads

[yashdi] 19/12/2011 01:14

An article talking about Rubicon and Fly540 from Telegraph.

sounds interesting

[cufes2] 16/12/2011 12:48

Sir Stelios and 'FastJet' Scheduled to Depart Soon from Africa
December 15, 2011 at 8:32 AM

When we least heard from Sir Stelios there was news about a potential new low-cost carrier that would focus on more long-haul routes. We guess the potential for cheap flights between London and New York is still there, but now it sounds like his low-cost model is shifting to a different continent altogether.

The founder of easyJet is thinking that the next great success in the airline industry will take place in Africa. He's already working to get funding in place, and there are some deals being done between his group and Rubicon Diversified Investments in hopes of creating a new low-frills, low-cost airline. The placeholder name-FastJet-is now apparently the working name of the new air venture.

Apparently some planes have already been ordered; we're just awaiting the first photos of a snazzy FastJet logo and color scheme. The terms of the deal-think of Stelios' group as consultants-allow for the FastJet name to be used on an interim basis of like a year, but if things take off then that'll probably be the name for pretty much forever.

There's still a lot of stuff to figure out-like what countries and cities to fly to and from. However, we're thinking that there's definitely some potential here for those looking to head in and around Africa both safely and cheaply. Let's just hope they have at least one feeder flight from somewhere in Europe, so we can just swing down for a visit next time we're in the neighborhood.

[diya] 15/12/2011 20:51

I think Rubicon will do a reverse takeover with another airline, possibly fly 540, they will probably rebrand it as Fastjet.com. Doing this will mean that they will be up and runing faster. If they set up from scratch then the problem they will have is that £9million cash pile will get swallowed up quicky in the set up. Africa is a difficult market to operate an airline and has a lot of red tape.

The Directors were clever to take advantage of the Marketing done to promote the partnership by issuing the £9m of share, The next stage is how they utilise the money.

If they set up an airline in competition to Fly 540 I think there will be a conflict of interest with the Directors. In one of the news articles they mentioned that the directors have not rule out joining with Fly 540.

My bet is that they will join with Fly 540.

[yashdi] 15/12/2011 13:28

Its all quite on this stock I think everyone is waiting for the next announcement

[cufes2] 14/12/2011 15:46

One with an Afterburner ;-)

[zztop] 14/12/2011 15:28

we need that jet! :O)

[yashdi] 14/12/2011 15:09

I can see this stock falling in the shortterm purely because of the massive increase in share price over the month and people not realising the full potential of this stock, however Friday will be aninteresting day as the new shareholders will be traded I wonder what will happen up or down? Once Rubicon announce how they are going to launch fastjet this share will increase until then this stock is very risky.

[kinghorm23] 14/12/2011 13:49

250k at 4.02p available, no sign of placing overhang clearing just yet.

[cufes2] 14/12/2011 13:47

You're a bit late as they've already raised over £9m and Sir Stelios the successful millionaire entrepreneur is at the controls . . .

Robert Burnham, Rubicon's chairman, said: "Sir Stelios has brought in a pre-eminent aviation management team, David and Geoff bring enormous experience in Africa and Rubicon now have a few quid in the bank to make this venture work."

Following the meeting, Mr Lenigas said that Sir Stelios will be guiding Rubicon as it sets up the low-cost airline, but the company would respect existing agreements between Sir Stelios and easyGroup.

[janyboy10] 14/12/2011 12:45

SO LENIGAS IS ON BOARD -------- GOOD LUCK !!!!!!!!!!!




what a track record ..... check it out





Mr. David Anthony Lenigas, Dave serves as the Director of Lonrho Budget Hotels Limited and has been General Manager Mining of Cambrian Mining Plc since October 2002. Mr. Lenigas serves as the President of Deepgreen West Virginia Inc. He has extensive international experience operating in the public company and natural resources environment. He has over 25 years of experience in the mineral resources industry covering oil and gas, gold, diamonds, coal and base metals industries. He served as Chief Executive Officer of Lonrho Plc from December 21, 2005 to October 2007. Mr. Lenigas served as Joint Managing Director of GCM Resources Plc, from June 2004 to January 2006 and its Executive Director for Technical since September 26, 2003. He served as the Chief Executive Officer of Lonrho Africa Plc from December 21, 2005 to October 2007. He served as Managing Director of Emperor Gold Mines in Fiji. He was a Corporate Consultant of Federation Group Ltd. from September 1999 to October 2002 and Head of diamond restructuring since March 1999 to September 1999. Mr. Lenigas has been Joint Executive Chairman of Lonrho Africa Plc since December 2005. He serves as Chairman of Five Forty Aviation Limited, Norse Air Limited, Nare Diamonds Limited and LonZim Plc. He has been the Chairman of Celsys Ltd. since February 2009. He serves as the Executive Chairman of Leni Gas & Oil PLC and Solo Oil PLC. He has been Executive Chairman Lonrho Plc since March 13, 2007 and Non Executive Chairman of Lonrho Mining Limited since June 30, 2007. He served as Chairman of the Board of Hot Tuna (International) plc from March 2008 to February 6, 2009.He served as the Chairman of BDI Mining Corp. from March 17, 2006 to May 24, 2007 and Mediterranean Oil & Gas Plc until September 2006. He served as the Non-Executive Chairman of Solo Oil PLC (Formerly, Immersion Technologies International plc) since January 2008. He served as the Chairman of Ortac Resources Ltd (also known as Templar Minerals Ltd). He served as Joint Executive Chairman of Lonrho Plc from May 2006 to March 13, 2007 and also served as its Chairman. He served as Chairman of the Board of Lonrho Mining Limited since June 30, 2007.He serves as a Director Lonrho Jersey Limited; Micobe Property Development Limited; Lonrho Zimbabwe Management Services (Pvt) Limited; Lonrho Africa Management Services (Zimbabwe) Ltd.; Lonrho Africa Motor Sales Limited; Lonrho Properties Zimbabwe (Pvt) Ltd.; Lonrho Auto Distributors Limited; Sindu Properties (Private) Limited; One Hundred & Seventeen Baines Avenue (Private) Ltd.; Textile Investment Company Limited; Sol Aviation Company Limited; Lonzim Holdings Limited; Lonzim Properties Limited; Lyons Africa Holdings Limited; Linus Business Options P/L; Firstfood Enterprises P/L; Chenyakwaremba Farm P/L; Leopard Rock Hotel Company (Pvt) Ltd.; WS Foods (Pty) Ltd.; LonZim Hotels Limited; Morningdale Properties (Pvt) Limited; Lanuarna Enterprises (Pvt) Limited; Medalspot P/L; e-Kwikbuild Housing Company (Pty) Ltd; Rollex Pvt Limited; Lonrho Agriculture Angola Ltd.; Paynet Limited; African Solutions Limited; Rollex Pty Ltd.; e-kwikbuild; Southern African Management Services; LonZim Management Services Limited; Lonrho Air (3) BVI Ltd.; Vatukoula Australia Pty Ltd. (formerly Westech Australia Pty Ltd); Lonrho Hotels Management Services BVI; Aldeamento Turistico de Macuti SARL; Quickvest 525 (Propriatry) Limited; Lonrho Agribusiness (BVI) Ltd; Complete Enterprise Solutions (Pty) Ltd.; Lonrho Hotels Congo (BVI) Ltd.; Vatukoula Gold Pty Ltd (formerly Westech Gold Pty Ltd); Vatukoula Finance Pty Ltd (formerly Westech Finance Pty Ltd ; ForgetMeNot Africa Limited; Lonrho Infrastructure (BVI) Ltd.; Lonrho Water (BVI) Ltd.; Fresh Direct Ltd; Active Resource Realisation Fund; Solo Oil plc (formerly Immersion Technologies International plc); Jubilee Mining Ltd.; Koula Mining Ltd.; Lonrho Aviation (BVI) Ltd.; Lonrho Air Africa (BVI) Ltd.; Five Forty Africa (BVI) Ltd.; Lonrho Air (2) BVI Ltd.; LonZim plc; LonZim Holdings (Pvt) Limited (Formerly Rex Mining (Pvt) Limited); Peak Mines (Pvt) Limited; Blueberry International Services Limited; Lonrho Springs BVI Limited; Lontel Limited; Lonrho Mining Ltd; Lonrho Mining SA Ltd.; Lonrho Finance Limited; Lonrho Resources Limited; Zimbabwean Investments Limited; Lonzim Management Limited; LonZim plc; Lonrho Luba (BVI) Ltd.; Lonrho Air (BVI) Ltd.; Strenner Holdings Limited; Lonrho Africa (Holdings) Limited; Templar Minerals plc; Lonrho South Africa (Propriatry) Limited; Five Forty Aviation Ltd; Norse Air Limited; and Lonrho plc. He has been a Non Executive Director of Zest Group Plc since January 2010 and Vatukoula Gold Mines Ltd. since April 1, 2011. He has been Director of Celsys Print Zambia Limited since 2007. He has been an Executive Director of LonZim Plc since November 7, 2007. He has been an Executive Director of Lonrho Plc since March 13, 2007. He has been a Director of Lonrho Africa Plc since January 12, 2006, Lonrho Mining Limited since August 12, 2006, and Lonrho Plc since January 12, 2006. He serves as Non-Executive Director of Asia Energy Global Coal Management PLC and Director of River Diamonds PLC. He has been an Executive Director of Leni Gas & Oil PLC since August 2006. He serves as a Director of Lonrho Air (BVI) Limited, Hotel Cardoso SARL, SA Independent Liner Services (Pty) Limited and Swissta Holdings Limited. He serves as an Executive Director of Vatakoula Gold Mines plc and served as its Non Executive Director. He serves as Director of Reef Resources Ltd.He has been Director of Celsys Ltd since 2007. He has been Director of Lonrho Plc since January 21, 2006. He served as a Non Executive Director of GCM Resources Plc from November 5, 2003 to June, 2009. He served as a Non Executive Director of Vatukoula Gold Mines plc. He served as Director of Templar Minerals Ltd. since February 4, 2007He served as Director of Solo Oil plc until January 2008. He served as a Director of Celcys Ltd., Gardoserve (Private) Ltd., Zimbabwe, Lonrho Finance Limited, Lonrho Holdings Limited, Lonrho Investments Limited, Lonrho Resources Limited, Lonrho Springs Limited, Lontel Limited, LonZim Management Limited, Luba Freeport Limited, Our Forgotten Children Limited, River Diamonds UK Limited, Strenner Holdings Ltd., Swissta Mozambique Lda, Wardlaw (1989) Limited, Zimbabwean Investments Limited and Peninsular Minerals Ltd. He served as a Director of New Sage Energy Corp. (Formerly, Consolidated New Sage Resources Ltd.) since November 21, 2003, Mediterranean Oil & Gas Plc until February 29, 2008, BDI Mining Corp. from September 10, 2003 to May 24, 2007, Braemore Resources Plc until May 22, 2006 and Peninsula Energy Limited (also known as Peninsula Minerals Ltd) from April 12, 2005 to February 20, 2006. He served as a Director of BM DiamondCorp. Inc. and Deepgreen West Virginia Inc. He served as a Director of Hot Tuna (International) Plc from March 2008 to February 6, 2009.


ect


ect


ect


.....................NICE WORK IF YOU CAN GET IT .....................

PLACING ANYONE ?



David Anthony Lenigas- Age 48

Current directorships

Lonrho Jersey Limited
Micobe Property Development Limited
Lonrho Zimbabwe Management Services (Pvt) Limited
Lonrho Africa Management Services (Zimbabwe) Ltd
Lonrho Africa Motor Sales Limited
Lonrho Properties Zimbabwe (Pvt) Ltd
Lonrho Auto Distributors Limited
Sindu Properties (Private) Limited
One Hundred & Seventeen Baines Avenue (Private) Ltd
Textile Investment Company Limited
Sol Aviation Company Limited
Lonzim Holdings Limited
Lonzim Properties Limited
Lyons Africa Holdings Limited
Linus Business Options P/L
Firstfood Enterprises P/L
Chenyakwaremba Farm P/L
Leopard Rock Hotel Company (Pvt) Ltd
Celsys Print Zambia Limited
WS Foods (Pty) Ltd
LonZim Hotels Limited
Morningdale Properties (Pvt) Limited
Lanuarna Enterprises (Pvt) Limited
Medalspot P/L
e-Kwikbuild Housing Company (Pty) Ltd
Rollex Pvt Limited
Lonrho Agriculture Angola Ltd
Paynet Limited
African Solutions Limited
Rollex Pty Ltd
e-kwikbuild
Southern African Management Services
LonZim Management Services Limited
Lonrho Air (3) BVI Ltd
Vatukoula Australia Pty Ltd (formerly Westech Australia Pty Ltd)
Lonrho Hotels Management Services BVI
Aldeamento Turistico de Macuti SARL
Quickvest 525 (Propriatry) Limited
Lonrho Agribusiness (BVI) Ltd
Complete Enterprise Solutions (Pty) Ltd
Lonrho Hotels Congo (BVI) Ltd
Vatukoula Gold Pty Ltd (formerly Westech Gold Pty Ltd)
Vatukoula Finance Pty Ltd (formerly Westech Finance Pty Ltd)
ForgetMeNot Africa Limited
Lonrho Infrastructure (BVI) Ltd
Lonrho Water (BVI) Ltd
Fresh Direct
Active Resource Realisation Fund
Solo Oil plc (formerly Immersion Technologies International plc)
Vatukoula Gold Mines Ltd
Jubilee Mining Ltd
Koula Mining Ltd
Lonrho Aviation (BVI) Ltd
Lonrho Air Africa (BVI) Ltd
Five Forty Africa (BVI) Ltd
Lonrho Air (2) BVI Ltd
LonZim plc
LonZim Holdings (Pvt) Limited (Formerly Rex Mining (Pvt) Limited)
Peak Mines (Pvt) Limited
Gardoserve (Pvt) Limited
Celsys Limited
Blueberry International Services Limited
Wardlaw (1989) Limited
Lonrho Springs BVI Limited
Lontel Limited
Lonrho Mining Ltd
Lonrho Mining SA Ltd
Lonrho Finance Limited
Lonrho Resources Limited
Zimbabwean Investments Limited
Lonzim Management Limited
LonZim plc
Lonrho Luba (BVI) Ltd
Lonrho Air (BVI) Ltd
Strenner Holdings Limited
Lonrho Springs Limited
Lonrho Africa (Holdings) Limited
Templar Minerals plc
Swissta Holdings Ltd
Our Forgotten Children Limited
Lonrho South Africa (Propriatry) Limited
Five Forty Aviation Ltd
Norse Air Limited
Lonrho Mining Limited
Leni Gas & Oil plc
Lonrho Holdings Limited
Lonrho Investments Limited
Luba Freeport Limited
Lonrho plc
Vatukoula Gold Mines plc (formerly River Diamonds plc)
River Diamonds UK Limited
Hotel Cardoso SARL
Swissta Mozambique LDA

Past directorships held within the last 5 years

Byron Energy Pty Ltd
Hot Tuna International plc
Hot Tuna (International) Inc
Capberg Ltd (Formerly Lonzim plc)
SA Independent Liners Ltd
Templar Resources Limited
Indo Mineratama BVI Limited
Braemore Resources plc
Mediterranean Oil & Gas plc
Peninsula Minerals Limited
Imperial Mining (Fiji) NL
Resource & Capital Management SA Pty Ltd
Trove Resources Pty Ltd
Asia Energy Corporation (Bangladesh) Pty Ltd
Asia Energy Corporation Pty Ltd
New Sage Energy Corp
GCM Resources Plc (formerly Asia Energy Plc)
Deepgreen West Virgina Inc
BDI Mining Corp (Formerly BM Diamondcorp Inc)
Vishoek Diamonds Pty Limited
Elphinstone Management Pty Ltd
Imperial Mining (Fiji) NL
Saginel Holding Pty Ltd
.

[kinghorm23] 14/12/2011 12:30

No sign of Graco now !

But he is on the Zol thread.

Maybe he will log in here as macyboy !

[cufes2] 14/12/2011 09:32

December 13, 2011 8:32 pm

Rubicon raises £9m for low-cost African airline
By Arash Massoudi

Rubicon, a cash shell, has raised £9m through a placing that will fund the launch of fastjet.com, a low-cost African airline that it is developing in conjunction with Sir Stelios Haji-Ioannou, founder of easyJet.

The placing was approved at a shareholder meeting on Wednesday, along with last month's agreement to explore African aviation sector opportunities between the company and Sir Stelios's EasyGroup.

Under the agreement, Rubicon will receive exclusive branding rights to fastjet.com from EasyGroup for 12 months in exchange for a payment of £480,000, a 5 per cent stake in the company and further royalty fees.

Shareholders also approved the appointment to the board of David Lenigas and Geoffrey White, respectively chairman and chief executive of Lonrho, the Africa-focused conglomerate. Lonrho, which already runs an airline in Africa, has bought a 12.7 per cent stake in the company.

Robert Burnham, Rubicon's chairman, said: "Sir Stelios has brought in a pre-eminent aviation management team, David and Geoff bring enormous experience in Africa and Rubicon now have a few quid in the bank to make this venture work."

Following the meeting, Mr Lenigas said that Sir Stelios will be guiding Rubicon as it sets up the low-cost airline, but the company would respect existing agreements between Sir Stelios and easyGroup.

"We are not planning to create world war three with Easyjet, but there is space in the sky for another airline," Mr Lenigas said.

Under the terms of the agreement with easyGroup, Rubicon would have 12 months to either take delivery of a "western-standard jet aircraft" or complete a reverse-takeover of another company. That has led to speculation that the company may be looking to acquire Lonrho's pan-African regional airline, Fly540.

In July, Lonrho signed an agreement to use Sir Stelios' easyHotel brand for a network of 50 hotels operated by the conglomerate across Africa by 2016. Mr Lenigas said those talks fed directly into discussions about a launch of fastjet.com.

When asked if Rubicon would be looking to acquire Fly540 or easyHotel from Lonrho in the coming year, Mr Lenigas said he was unable to rule that out but that the company was looking at a range of options.

Rubicon said the placing valued individual shares at 4p and would amount to 75 per cent of its shares in issue. Rubicon shares closed down 22.54 per cent at 4.13p.

Separately, Lonrho on Wednesday launched a placing and open offer to raise £27m to invest in the agriculture, oil and minerals sectors in Africa.

[yashdi] 13/12/2011 19:30

Now they have money and all resolutions passed they can focus on the planning of the airline, I do hope it takes off.

[kinghorm23] 13/12/2011 12:39

Comedy

I deramp the posters not the stocks unless the fundamentals are dire
such as Rsi.

[comedy] 13/12/2011 12:38

lol...keep saying it son...also if someone wants to scroll back a few months here...you were deramping here...so caught out again??oh dear???

anyway enjoy youre rubi...2 things will happen here..either the 4p placees are holding shares and share price will rerate as the "easy model" takes off... or they will sell and share price will be hammered back down to 3p? 2p? 1p?...they will then be able to get back their stock and make on way back up...so question is which will it be???

hence only keeping 10001 share....and will wait to see what the big boys are going to do ..will become evident as we go through december/january? good luck all

[kinghorm23] 13/12/2011 12:33

Also i'm not deramping Rubi, i was stating a serial pump and dumpers
has given up on it this morning.

[kinghorm23] 13/12/2011 12:32

Comedy.

How many times do i have to tell you, i'm not robson, does it compute yet ?

[comedy] 13/12/2011 12:29

king you are full of it...you were deramping zol at 1.6p zone then claiming you had sold at over 3p zone and it was a p and d...it hit 5p this week...so people should do their own research ...as it happens too often in an illiquid stock...good news comes and you arriving deramping it???mm's sold shares they dont have??? or you just short???

[kinghorm23] 13/12/2011 12:24

He's long gone, a serial pump and dumper and he would have been out
like a shot once he realised vast amounts of that placing was already
hitting the market.

[imabastard] 13/12/2011 12:12

Neither are you .... your spelling is atrocious.

[kinghorm23] 13/12/2011 10:39

I remember him on that thread as lionman spreading false rumours
and making up as he went along.

I still dont understand how these people can get away with what
they do on this site, all the FSA has to do is go to the topinfo
thread and all the usual suspects are there in one place.

It seems the way forward is to post lies, false and misleading
info because nobody seems bothered in stopping them.

[cufes2] 13/12/2011 10:37

Graco / lionman

Do you mean this funding that was announced after your infamous phone call . . .



"The Placing has been carried out at a 38 per cent. premium to the closing mid market price of the Company's shares of 13.75p on 24 August 2011 and the net proceeds of the Placing will be used by the Company to fund the further procurement of long lead capital items on which the Company has various holding deposits."