Rubicon Software Share Discussion Threads

[tomboyb] 14/1/2012 19:44

Hi Guys - I've created a new thread to highlight the current changes from Rubi's previous strategy - The thread is below -

[someuwin] 13/1/2012 18:21

EK has gone long RUBI...

"Rubicon (RUBI), shortly to be FastJet, is marooned at a smidgin below the placing price of 4p. That seems an error to me given that there is now less than £2m of goodwill in the valuation and all of Africa for Sir Stelios to sell to."

[tomboyb] 11/1/2012 10:45

In addition you can add that RUBI has a suga daddy as well (pardon the pun) -

That is in Lonrho - then you have stelios et al - I think kenya is the place where the avaiation sector in africa is a hotbed and ripe for growth - Although red tape is there it could get exciting -

[christianf12] 11/1/2012 09:45

Paying 4p now, over the offer.

Market cap £11.8m, cash £9m

So you get the Stelios link for under £3m?

This is going to rocket!

[christianf12] 11/1/2012 09:29

pAYING FULL ASK!

[andrbea] 11/1/2012 09:28

Donetravelling]
09:15:08
Somebody is Piling in this Morning Some very large buys going through this am & way larger than your average PI.As an aside looks like I am the only PI here. Simply do not understand the lack of interest.

[tobler] 11/1/2012 09:17

don't forget that the deal to use fastjet brand has a 12 month time limit...things need to be moving on quickly in the background to get the business plan off the ground asap...I fully expect the next piece of the strategy jigsaw to be revealed soon, and hope that the market like it!

I'm in here because Stelios is, pure and simple - so come on Stelios, lets see your plan....

[ayesha4] 11/1/2012 09:14

Must be some news in the offing.

[christianf12] 11/1/2012 09:10

Looks to me like big funds are buying in here at whatever price they have to pay.

Reminds me of ZOL a few weeks back when they had a big buyer, they took the share price from 1.6p all the way through 7p a few weeks later.

We know RUBI can move quickly so is i time to buy again under the recent placing price?

[tomboyb] 11/1/2012 08:42

If there was anyone that you would be looking to start an airline with it would probably be stelios and in a region that was condusive to that - i.e. Africa - the european markets are mature and an opportunity is there -

Hence fastjet.com - stelios and now triple AAA rated fund managers -

[simonparker5] 11/1/2012 08:39

Bit of interest this morning, guess the MM's have squeezed all the T10's and T20's out now. Could get intresting again given we are still below the 4p placing.

[aughton 3] 10/1/2012 20:21

Artemis smaller company manager John Dodd has taken a near 10% stake in the business behind FastJet – a joint partnership with easyJet (EZJ.L) founder Sir Stelios – which plans to set up a low-cost African airline.

Dodd took 25 million shares in a placing by Rubicon Diversified Investment (RUBI.L), which plans to raise finance for the project, worth £1 million at an issue price of 4p.

The shares are held in the £274 million Artemis Alpha Trust, a pick of Citywire Selection, co-managed by Adrian Paterson. The fund invests primarily in small, micro-cap and unlisted UK businesses.

Rubicon announced in early December its intention to develop a 'low-cost, point-to-point, no-frills, all-jet' airline along the lines of easyJet, serving regional hubs across the African continent.

The company has agreed to pay Sir Stelios' easyGroup £505,000 to carry out an initial feasibility study.

Also buying heavily into the company in recent weeks has been Citywire A-rated Giles Hargreave, head of Hargreaves Hale, arguably one of the most successful UK smaller company managers of recent years

[simonparker5] 06/1/2012 15:57

Can buy and sell at the same price today, strange.

[l2user] 04/1/2012 07:44

Lonrho joins United Nations' Global Compact initiative
7:20 am by Jamie Ashcroft

[zztop] 03/1/2012 17:22

l2user this is better?


Lonrho, which lifted pre-tax profits 190 per cent to £5.8 million in the six months to September and is understood to be faring particularly well on its agri-business side, recently paid £400,000 at 1p for 12.7 per cent of AIM-quoted software flop-turned aviation investor Rubicon Diversified Investments. Then came news of a contemplated new budget, no-frills African airline, to be launched by Rubicon with EasyJet founder Stelios Haji-Ioannou, who was taking 5 per cent of Rubicon, with an option on another 10 per cent.

That sent Rubicon shares, which had been as low as 0.55p during the past year, spiking to 8p, before sliding back to today's 3.88p after raising £9 million at 4p in December. They are not without risk but have speculative potential over the medium term.

[l2user] 03/1/2012 14:06

Lonrho clinches £27m
03/01/2012 Robert Tyerman
Growth Company

[tomboyb] 21/12/2011 20:17

With Stelios on board - a little temping to start a buying spree - Hargreeve hale own 10% of which Marlborough Fund Managers Artemis and Majedie - so you certainly have a few -

It is correct though - even with the african red tape - it certainly is the last aviation Frontier -

[tomboyb] 21/12/2011 20:12

Fly540 expecting record passenger numbers
19 December 2011 | 10:35am
StockMarketWire.com - Lonrho has revealed that following the successful opening of the third strategic hub for Fly540 in Ghana, its regional African airline business, Fly540, is expecting record passenger numbers for the month of December.

Load factors across East Africa, Angola and Ghana based on passengers flown and forward bookings will exceed 80% for the month.

Fly540 currently flies in Kenya, Tanzania, Southern Sudan, Uganda, Angola and Ghana and is planning on opening routes to additional countries early in the New Year based on the increasing demand for this low cost model.

Fly540 Kenya celebrated carrying its one millionth passenger in August this year and is reporting strong year on year passenger growth. In Angola, additional aircraft have already been sourced to meet better than forecast demand with two further ATR 72's mobilising in January 2012. Fly540 Angola is running at almost full capacity with a load factor over 85% expected for December.

The arrival of these further aircraft will increase the destinations flown domestically in Angola over the coming months and Fly540 Angola is planning to build capacity to service a domestic route network of 15 destinations throughout Angola. Fly540 Ghana which launched operations recently has seen an impressive immediate demand and will have load levels in excess of 80% in December.

David Lenigas, Executive Chairman of Lonrho Plc commented: "The demand for quality regional aviation in Africa is clear and with the three hubs of Fly540 now operational in Kenya, Ghana and Angola, the airline is delivering on its objective of creating a first world pan African service.

"Building on the strong base now implemented, the airline will continue to grow in 2012 and expand the network with the deployment of further aircraft and new routes."

[sweepie2] 21/12/2011 15:02

Have taken a few today after reaching my target price, in the short term may still dip but long term should do well

[schrodingers_cat] 21/12/2011 14:47

Decent Insti names involved

Majedie, Artemis etc