Going up or down ?
As the original thread was cancelled today (and with the large swings in the share price) i thought we needed another one

oh you naughty boy you :-)

have a chart!

I'm trying !!!

it really is easy
go to charts and find the one you want by entering the epic
this will default to the 1 year chart
you can add in various moving averages if you wish
there is then a tag "paste to bulletin board" in blue
click on that
you will then see a line or two of gobbledegook starting
c+p the whole of that

job done

sizing is also easy .... mine above are 520
once you're on the chart page, there is a line starting Stock Symbol
further along that line is a box showing Size with a drop-down

.

.

Did that skinny .
This will quickly turn in to a tech thread ,only i could do that !!!!

dear oh dear!
you, sticky and DB (and mentor) wreck every goddam thread you enter :-)

jimmy,

I fixed the chart for you,

Ian

And Jimmy, can you update your profile? Are you currently in Naples, Florida or southern England and do you use Flybe to travel between them? ;o)

Thanks Ian
================

HARRY ,i am in Southern England ,i was living out there until a while back ,now i just go back and forth .Always fly Virgin to Miami .

i LOATHE miami airport
what a total hole of a place, yet it's meant to be a main tourist hub .... what sort of impression does it give?

Tempted to have a punt here, but latest trading update was pretty poor, even with the low price of crude. My gut feeling is probably a bit more downside to come. They also seem to be having problems at London City Airport, with increased competition, which presumably means they will have to trim fares and consequently, profits.

A punt long HARRY ?

Yes, but don't forget I buy stock, not s/b or CFD, so if it all goes wrong I just have to sit and wait, unless the company goes bust!

the old one is real top shelf stuff :-)

I have never followed FLYB before, but it does seem to be a bit of a dead loss.

it was GF who alerted me to this one
he was premature in his call for a short, but eventually it proved right

the spat between him and DB was just too ridiculous for a pair of supposed adults

I had a good trade long here a few months back ,however Goldfinger was right if he stayed short ,i just wonder where now ? they don't look to be in great shape .

i'm short at an avr of 84.5 and am happy to stay that way for the time being

Just reading in shares that Flybe will see no reduction in fuel cost until 2016 or 2017 at the earliest due to its hedging strategy. I wonder if any other airlines got it so wrong.
Most seem keen to pass the saving on to customers. Just seems strange Flybe have burnt a large hole in their pockets with fuel. ps is the mauve fish wishing the sp up or pulling it down. :-))

dc - From across the road db4 sends his regards and thanks you for post 23.

Cheers Chris and db4 :-))

FLYB also have the millstone of a bunch of unsold and perhaps almost unsaleable rustbuckets

I was reading the average age of the fleet is 9.9 yrs (Virgin's average fleet age is 9.7yrs)but there are some very old craft in the list of their fleet. There is two or three 20 yr old aircraft. Mind you not as old as the early 60's bac 1'11s s of the then British world flying out of Stansted in the 90's.


http://www.planespotters.net/Airline/Flybe#AirlineFleetList

The sale of Flybe Nordic’s 60% share formerly held by Flybe is approved

By Bruce Drum on January 30, 2015


http://worldairlinenews.com/2015/01/30/the-sale-of-flybe-nordics-60-share-formerly-held-by-flybe-is-approved/

bulls of FLYB would do well to read today's ST wherein they'll find a lengthy article with nothing positive to say

edited by MoneyAM

Just read that myself ,you'll be keeping that short open then .

would post the article if i knew how

Doesn't Murdoch allow C&P then Alf?

Membership fee first :-))

Yes I know D/C but surely Alf has one as thats how he can tell us about the article?

I take it he has the newspaper and not a subscription to online. Only guessing Stan.
As you can tell, I'm no computer expert. Perhaps it can be scanned and copied and pasted?

Oh I see, yes I forgot I suppose yet another payment demanded for the online version.

you're right; ST is subscribe only on-line and as i get the real thing .....

at least no one has accused me of making up a story :-)
however, if you're a holder, i would strongly recommend that you acquire a viewing of the article - from your local library perhaps? - and then you can make up your own mind

edited by MoneyAM

Correct Jack, call me cynical but it doesn't take a brain surgeon to work out that if you yourself are short on a stock you will find the means to de-ramp it. Especially if you are receiving e-mails from a certain banned poster who is de-ramping the shit out of it across the road. :0)

Chris , i read the article too by buying the paper and it doesn't make good reading for Flybe .

jack - if i could have, i would have, but at lest i told you where to look

chris - you should know better! ..... you might wind-up sticky, but you'll have little or no joy with me

=========

in fact, cyril looked as though he might have access to ST on line on the AFR thread, so i sked him if he could c+p

:0)

Jet that is dragging Flybe into the red

A fleet of unused aircraft is weighing down the regional airline as it struggles to stay aloft

John Collingridge Published: 1 February 2015

A fleet of nine unused Embraer 195 jets is costing the airline £26m a year

Hidden from view at Exeter and Newquay airports, a £26m headache codenamed Project Blackbird is gathering dust in the hangars. Since last April a fleet of nine Embraer 195 jets bearing the white and pale blue livery recently discarded by British regional airline Flybe has been housed there.

Last March the carrier, led by former easyJet chief commercial officer Saad Hammad, took the drastic decision to ground the 195s. The 118-seaters, bought only seven years earlier, were now surplus to requirements.

Since then the idle Embraers have been burning a hole in Flybe’s fragile finances. Keeping the planes airworthy and paying their leases while forgoing passenger revenues costs Flybe £26m a year.

Hammad and his team are desperately trying to wriggle out of the long-term leases and pass the aircraft on to other operators, but this is taking longer than they — or the City — expected.

Project Blackbird is just one.............................

More of the article at: http://www.thesundaytimes.co.uk/sto/business/Companies/article1513451.ece

(but it will cost you £1 to read the rest of it.)

many thanks EL ......

no doubt some of our advfn brethren who lurk here will have already seen and perhaps posted the whole there .... in which case, one of them may care to c+p from there to here as there are clearly a number of pikeys who are too tight to buy a copy of ST for themselves

hidden within that article was a little sentence ......
"Hammad, who turned down down requests for an interview...... "

I've posted this umpteen times before, but its free to subscribe if you only want to access a few articles per week/month.

bit like FT then, but thanks

Is this the whole article Alf?

C&P from over the road:

"That full article from yesterdays ST is definitely a dampener, it seems BA made the right decision last year:-

Hidden from view at Exeter and Newquay airports, a £26m headache codenamed Project Blackbird is gathering dust in the hangars. Since last April a fleet of nine Embraer 195 jets bearing the white and pale blue livery recently discarded by British regional airline Flybe has been housed there.

Last March the carrier, led by former easyJet chief commercial officer Saad Hammad, took the drastic decision to ground the 195s. The 118-seaters, bought only seven years earlier, were now surplus to requirements.

Since then the idle Embraers have been burning a hole in Flybe’s fragile finances. Keeping the planes airworthy and paying their leases while forgoing passenger revenues costs Flybe £26m a year.

Hammad and his team are desperately trying to wriggle out of the long-term leases and pass the aircraft on to other operators, but this is taking longer than they — or the City — expected.

Project Blackbird is just one of many challenges facing Flybe as it tries to build itself into a profitable regional operation in an era of cut-throat budget rivals and struggling provincial economies.

Last week Flybe stunned the markets by warning it will only break even this year, in contrast to the £9m profit pencilled in by analysts at its broker. Once the cost of the parked Embraers is factored in, the losses will be substantial.

Meanwhile, competitors at London City airport have responded to Flybe’s arrival there by slashing prices, adding seats and tempting passengers with loyalty offers.

The carrier’s planes may be fuller, with its load factor increasing to 74.3% in the last quarter of 2014 from 68.7% a year earlier, but this has come at the expense of profitability. At the same time the airline has shrunk, with available seats falling 6.1% to 2.5m over the quarter and passenger revenues down 3.8% to £126.8m.

Worse still, Flybe’s fuel hedging policy means it will not feel the benefit of the slump in oil prices this year and only marginally next year, even as rival easyJet talks about pumping the savings into lower prices. Flybe’s shares plunged more than 20% after the profit warning, and closed on Friday at 64.75p, valuing the business at £140m.

For investors who backed Hammad’s £150m cash call 11 months ago, the update was deeply unnerving. It raised concerns over whether last year’s £8.1m profit — the first in four years — was a one-off.

Flybe, founded as Jersey European Airways in 1979, has endured a turbulent journey in recent years. It was bought in 1983 by the steel magnate Jack Walker — best known for bankrolling Blackburn Rovers’ run to the Premier League title in 1995 — and renamed Flybe in 2002. Shortly after Walker’s death in 2010, it floated at 295p a share — at a time when the economy was struggling.

Hammad arrived in August 2013 with a CV that boasted of turning around easyJet between 2005 and 2009. Cost cuts initiated by Flybe’s previous boss Jim French were already under way. Hammad continued them with vigour, resulting in 1,100 jobs lost, six bases closed and 30 unprofitable routes axed.

Then came the begging bowl. With the airline having burnt through almost £160m of investment in seven years, Hammad needed all his charm to convince investors to pump funds into “building resilience and profitable growth” at Flybe.

Priced at 110p a share, the cash call won the backing of investors including Aberforth, Quantum, Artemis and Standard Life. Notably, British Airways, then a 15% shareholder, did not take part and last summer sold its 5% stake.

Saad Hammad: haphazard approach Saad Hammad: haphazard approach Hammad was quick to criticise the former team’s strategy. “We had no cost discipline, no commercial leadership, no rigour,” he said in an interview just after the cash call. “There was a bit of voodoo management going on, with no sensible analysis of new routes.”

His strategy is straightforward: build an airline that competes squarely with road and rail travel, slashing fares to tempt passengers aboard. It picked routes that the bigger budget airlines such as easyJet and Ryanair and older carriers like BA and Air France do not bother to serve.

He also raised £20m by selling 25 pairs of take-off and landing slots at Gatwick to easyJet, pledging to invest the proceeds in other routes. Last October, true to his word, Flybe returned to the capital by launching flights to Edinburgh, Belfast, Dublin, Inverness and Exeter from London City airport. “It heralds the rebirth of Flybe,” said Hammad at the time. The routes would funnel 500,000 passengers a year through the airport, he claimed.

Then there is Hammad’s “Purple Way”, a zany drive to change the culture. Flybe’s planes, uniforms and website have changed to a violent plum shade. There is purple mood lighting on board and passengers receive a purple pack of chocolates. Staff must adhere to the five Ps — performance, positivity, passion, people-focus and playfulness.

“Purple power will fuel our journey,” Hammad told the City last summer. “By unleashing the power of purple, we will make our customers happy, our employees happy and our investors happy.”

Investors are anything but. Rivals at City airport have responded aggressively. BA has launched a new service to Dublin and increased frequencies to Edinburgh, while CityJet has refinanced its ageing fleet and is benefiting from the lower oil price. In the face of such opposition, Flybe was recently forced to axe its City to Inverness route and cut its frequency to Exeter.

The HSBC aviation analyst Andrew Lobbenberg also questioned the airline’s timing in raising its exposure to the North Sea oil and gas industry just as it is suffering. “With the drop in the fuel price, we foresee sharply weakening trading for North Sea oil-related domestic flying. Flybe recently reopened an Aberdeen base and is a significant operator from Norwich.”

Other cracks are appearing. Flybe’s new or extended routes from Birmingham to cities such as Oslo and Bordeaux, announced in May, have been quietly scaled back. One industry source puts it bluntly: the airline has an “unbelievably haphazard approach to route planning”.

Aviation consultant Chris Tarry said the company could not afford any more disappointments. “You set out your stall and then have a rendezvous with reality,” he said. “They are competing on an increasing number of routes head on. It’s going to be difficult to make money. We can talk about the UK economy moving ahead but the regional market has always been exceptionally difficult.

“The City is very unforgiving. There’s no scope whatsoever for disappointment. Where do they go if they need cash?”

The regional airline industry is notoriously tough. Last year Sir Richard Branson’s Virgin axed its Little Red regional jets business. The venture, launched in March 2013 from the remnants of BMI, struggled to fill seats on the routes between Heathrow and Edinburgh, Aberdeen and Manchester. Ryanair and easyJet have used their scale and low cost base to undercut rivals sharply.

These changing dynamics in the industry have also created a growing gulf between larger regional airports and smaller, struggling ones. Last month the government was forced to prop up smaller regional airports with a £56m pot to help fund loss-making routes.

Hammad, who turned down requests for an interview, insists Flybe is making progress and points out that it is only one year into a three-year turnaround plan.

His choice of plane — favouring Bombardier’s smaller Dash 8 propeller aircraft over the larger Embraer jets — is designed to give it an edge over bigger budget rivals, as it can fly the 78-seat planes profitably on routes too small for the Airbus A320s and Boeing 737s favoured by them.

Last year he scrapped an order for 20 Embraer 175 jets, swapping the 88-seat planes for 24 more Dash 8s. Aircraft will increasingly be owned rather than leased. Five of the 195s will even be dusted off this summer and flown in service.

It is about having the “right aircraft on the right routes with the right cost structure”, said Hammad last year. A deal to service the Royal Air Force’s new fleet of A400M heavy lift planes will help to bolster revenues in the years ahead.

Will Hammad be granted the time and flexibility needed to implement his strategy? “Turning around an airline is frighteningly difficult,” said Tarry. “You have to demonstrate that behind all the pain it’s worthwhile.”"

for sure it will be Stan

it amuses me considerably that if you write that a company is overvalued, is worth shorting or somesuch, you are accused of deramping by a few buffoons
however, while they may write that the self-same company is the dog's bollocks, that is not ramping!

nowt so strange as folks!

This is true.

thanks for posting that jack, presumably from advfn and from someone called paul scott, whoever he may be but who clearly has a very sore bum

fortunately or otherwise, stan has already posted the actual article

unlike some twits, i refuse to get drawn into silly argument, and am very happy for you and everyone else to place bets as seen fit ...... my choice is already clear

=========

jack - a silly question i'm sure, but are you sure you are not DB in another guise?
for myself, i don't really care, though others might

edited by MoneyAM

edited by MoneyAM

edited by MoneyAM

Just a reminder that when you register once banned from the BBs, its an idea to try and disguise yourselves posting on the same thread, using the same language doesn't take someone with a degree to work out.

We have some nice little systems that do this in other ways, we keep log files of all actions by those multiple names.

If those who are doing this want to persist we reserve the right to publish those multiple aliases.

is it my imagination or has Jack been rumbled?
i note that his long post from someone called Paul Scott has also been deleted

Notifications of Major Interests in Shares

RNS

RNS Number : 8308D
Flybe Group PLC
02 February 2015



TR-1: Notifications of Major Interests in Shares



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:


Flybe Group PLC

2. Reason for the notification

An acquisition or disposal of voting rights

YES

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with a similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):


3. Full name of person(s) subject to notification obligation:

Aberforth Partners LLP

4. Full name of shareholder(s) (if different from 3):


Shareholder


Shares
1. Aberforth Smaller Companies Trust pie 24,542,200
2. Aberforth UK Small Companies Fund 3,927,566



All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth


5. Date of transaction (and date on which the threshold is crossed or reached if different):

29/01/2015
6. Date on which issuer notified:
30/01/2015
7. Threshold(s) that is/are crossed or reached:
13%
8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code
Situation previous to the triggering transaction
Resulting situation after the triggering transaction
Number of shares
Number of voting rights
Number of shares
Number of voting rights
% of voting rights
Direct Indirect
Direct Indirect
Ordinary 28,152,966 28,152,966 28,469,766 N/A 28,469,766 NIA 13.14
GBOOB4QMVR10


B: Qualifying Financial Instruments


Resulting situation after the triggering transaction

Type of financial instrument
Expiration date
Exercise/ conversion period
No. of voting rights that may be acquired if the instrument exercised/converted
% of voting rights
N/A
N/A
N/A
N/A
N/A




C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument
Expiration price
Expiration date
Exercise/ conversion period
No. of voting rights instrument refers to
% of voting rights
N/A
N/A
N/A
N/A
N/A
Nominal 1%
N/A N/A


Total (A+B+C)


Number of voting rights
Percentage of voting rights

28,469,766

13.14


9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Held by Aberforth Partners LLP

Proxy Voting:
10. Name of proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A


13. Additional information:

14. Contact name:
Pauline Robson, Aberforth Partners LLP
15. Contact telephone name:
0131 220 0733


This information is provided by RNS
The company news service from the London Stock Exchange

END

chris - it isn't apparent, so is that an increase or a decrease, and in either case what were the holdings beforehand?

Apparently an increase of 300,000, but wtfdik i can't make head nor tail same as you cynic. Info re RNS comes from across the road.

Yep that's how I read it CC, about time those RNS's were made to make sense.

ah well, if you had looked at the original, it would have told you

What? Just go to News in the header cynic, doesn't get any more original than that.
Failing that lob an email to your mate sticky. No need to shoot the messenger old chap :0)

Aberforth Partners LLP - Have reached a threshold of 13% increasing their holding from 28,152,966 to 28,469,766 an extra 316,8oo shares.

now now chris, don't be so tetchy

though it won't print out properly, the info is very clearly set out
if you go to Section 8, the first part is headed
A: Voting rights attached to shares
you'll find it is all set out and easy to read

The above figures were on this board first, Not C+P, as I have seen them on others. :-))

I don't know which site you girls use - but the horses mouth is often much 'clearer' - Aberforth Partners LLP > 13%

i just went to the news section here

profit banked at 63p
market has got the bit between its teeth this morning so anything that breathes may get bought

Philip de Klerk, Chief Financial Officer, purchased 26,000 Ordinary Shares in the Company each at a price of 0.575 pounds per share.

Took his shareholding up to 120k ,not a massive amount ,however read in to that what you will .

Interesting to see that Broker consensus is still for a rise from here.

CONSENSUS TARGET PRICE
Period Average High Low Notes
1 month 110.00 140.00 80.00 2
3 months 118.33 140.00 80.00 3
6 months 118.33 140.00 80.00 3

Brokers:Cantor Fitzgerald 80P
HSBC 135p
Liberum 140p

New Client for Four New Aircraft
RNS
RNS Number : 5387F
Avation PLC
23 February 2015



LSE: AVAP

23 February 2015

AVATION PLC

(the 'Company')

NEW CLIENT FOR FOUR NEW AIRCRAFT

Avation PLC, (LSE: AVAP) the commercial passenger aircraft leasing company, has entered into lease agreements for four new aircraft to be operated by UK commercial airline Flybe.

The four new ATR72-600 aircraft will be progressively delivered new to Flybe during the course of 2015 and early 2016. The lease rate revenues are consistent with operating leases of this type and term. The initial duration of the leases is six years with the client having further optional six year extension provisions.

The Company owns a significant number of option delivery positions on new ATR72-600 aircraft. The above aircraft represent three of the 2015 option delivery positions and one 2016 delivery position.

To provide a platform for further medium term growth the Company has firmed up its options with the manufacturer ATR for the delivery of five additional new ATR72-600 aircraft in 2016.

Jeff Chatfield, Executive Chairman of Avation PLC, said: "It is pleasing to continue to diversify the airline operator base of aircraft owned by the Company with the addition of Flybe. It is understood that the aircraft will remain on the UK register however they will be operated by Flybe in Scandinavia on behalf of Scandinavian Airlines System. Our strategy is to diversify our risk by geographic dispersion of our aircraft fleet and entering into these operating leases are consistent with that objective. The Company has a large proportion of its aircraft in Asia - Pacific and will continue to seek clients in this region, however, the Company views leasing aircraft to Northern Europe provides appropriate diversification."

-- ENDS -

About Flybe

Flybe, Europe's largest regional airline - 192 routes serving 12 countries from 82 departure points, 37 UK/45 European airports* (all routes on sale Feb '15 - Oct '15); operates more UK domestic flights than any other airline (UK CAA Jan '14 - Dec'14); named top UK airline for punctuality in report issued by UK consumer watchdog Which? (Dec 2014); is the largest scheduled airline by air traffic movements at Belfast City, Birmingham, East Midlands, Exeter, Inverness, Isle of Man, Jersey, Leeds Bradford, Manchester, Newquay and Southampton airports (UK CAA Dec '14); operates fleet of 60 aircraft - 45 Bombardier Q400, 4 Embraer 195 & 11 E175; codeshares with BA, Air France, Etihad, KLM, Finnair, Aer Lingus and Cathay Pacific; has two franchise partners, Loganair and Stobart Air and was Amsterdam Schiphol's Airline of the Year 2012 Europe.

* Flown under the Flybe brand (27 routes/11 airports exclusively served by Flybe's franchise partner, Loganair: and four routes and three airports exclusively operated by franchise partner, Stobart Air)

FLYBE
a para in today's ST concludes .....
"Hammad needs results soon or he might be looking dfor the nearest exit"

StockMarketWire.com
Flybe saw a return to growth in both seat capacity and revenue in the final quarter of the year, having completed the first year of its three-year turnaround and is positioned well to continue its positive momentum.

The airline delivered 15% additional capacity in Q4 2014/15, but held its load factors constant and delivered 15% passenger growth. The required yield investment associated with the new capacity and lower spot fuel prices were more than offset by higher passenger volumes and overall passenger revenues increased by more than 5%.

Results for the full year to March 31st 2015 are anticipated to be in line with market expectations, with Flybe on track to achieve around break-even at pre-tax profit level, before the £26m cost of the E195 jets and any impact of USD loan revaluation, but after the Finland JV write down of £10m and EU261 flight delay provision of £6m.

This outturn would represent an improvement of £14m1 on the previous year's loss2 of £9.0m on a comparable basis, excluding the one-off effects of the Finland JV divestment, the EU261 provision, US dollar loan revaluations and last year's restructuring costs, together with the benefit from the sale of Gatwick slots. This clearly demonstrates the improvement in our core business.

Summer trading is also on track with the additional capacity selling through as planned. The company says its cash position remains strong.

return to profit before you deduct all the expensive nasties!

I think it's called 'creative accounting'.

much the same as smoke and mirrors then :-)

Last weeks Times told a different story ,if an airline is struggling with oil prices this low i would beware ..

THERE IS LIVE for the last few days on this well smashed company recently

Maybe is ahead of events at this price 67p ( BB, TA overbought just now )

Flybe continues to grow

StockMarketWire.com

Flybe reports a positive start to the year, with sustained passenger and revenue growth, as it continues the next chapter of its transformation.

Flybe says the return to growth delivered in the previous three months has continued in the first quarter with a 12.3% increase in seat capacity to 2.8 million seats (Q1 2014/15: 2.5 million seats) and a 9.8% growth in passenger numbers to 2.1 million (Q1 2014/15: 1.9 million passengers).

Passenger revenues rose by 11.6% to £147.7m.

Chief executive Saad Hammad said: "As we enter the next phase of our transformation, Flybe has again delivered revenue and passenger growth in the quarter, demonstrating the strength of our core business. We carried significantly more customers than the same time last year and maintained our industry-leading punctuality levels. We remain focused on tackling the surplus E195 aircraft, our final legacy issue, and are actively pursuing a range of solutions."

At 8:03am: (LON:FLYB) FlyBe share price was +2.63p at 73.63p

Flybe sees growth in revenues and passengers

StockMarketWire.com

Flybe's turnaround continues with its third successive quarter of revenue, capacity and passenger number growth.

The group said the return to growth delivered in the previous two quarters continued in Q2, with double digit increases in seat capacity, passenger numbers and revenue:

· 13.8% increase in seat capacity to 3.0m seats (Q2 2014/15: 2.7m seats)

· 10.7% increase in passenger1 numbers to 2.4m passengers (Q2 2014/15: 2.1m passengers)

· c13% increase in passenger revenue

Flybe says unit revenue development has been encouraging, given the growth in seat capacity

· c2% increase in yield

· 2.2 ppts decrease in load factor to 78.3% (Q2 2014/15: 80.5%)

· c1% decrease in revenue per seat

Chief executive Saad Hammad said: "Flybe's turnaround continues, with our third successive quarter of revenue, capacity and passenger number growth, against the very competitive market provided by other airlines and road, rail and ferry services. In our second year of transformation, Flybe's performance in its core business is on track. We are also determined to finish redeploying our surplus Ejet aircraft.

http://www.moneyam.com/action/news/showArticle?id=5143696

Management Statement/Interims yesterday http://www.moneyam.com/action/news/showArticle?id=5150757

Half year results https://www.moneyam.com/action/news/showArticle?id=6205822

Up 10% in early trading.

The Welcome trust dump https://www.moneyam.com/action/news/showArticle?id=6208886

Turned out a real basket case this lot.

Should see some action today, buy out.

Here's that action Driver..

Flybe soars as Virgin Atlantic reportedly mulls takeover bid

Shares of UK regional airline Flybe soared Friday in the wake of reports Virgin Atlantic was in talks about a takeover bid.

Virgin Group's interest in Flybe comes as the transatlantic airline seeks to connect long-haul operations with smaller UK airports.

Flybe said earlier this month that it was exploring a possible sale after reporting that pre-tax profits more than halved in the first half of the year owing to headwinds from higher fuel and currency costs. Story provided by StockMarketWire.com

SP up over 25% as now!

Nice if you bought in yesterday.

in pennies, the rise is very small
in any case, be very wary of buying on news of a potential bid, as often they fall apart before completion

Cynic
Do you ever invest, if you had got in first thing when I posted you could be out now a couple of hours later 30% up!!!! No risk.

Now go and get some EUA before it’s to late.

i do indeed invest, both for my sipp (about 45 stocks) and a small number for trading

Confirmation statement https://www.moneyam.com/action/news/showArticle?id=6219050

Up 50% now!

Finished up over 71% no less.

SP Flying again today.

Bitter rivals Sir Richard Branson and Willie Walsh are to lock horns in a bid battle for ailing regional carrier Flybe as experts warn failure of the country's biggest regional airline could be catastrophic for a string of smaller airports. After years of struggle, loss-making Flybe has put itself up for sale following warnings of "material uncertainty" over its future. - Telegraph.

Looks like Keith Everitt has bought 4 1/2% of the share capital unless I’m mistaken https://www.moneyam.com/action/news/showArticle?id=6224506

Happy day!!!

Yes certainly good for trading at the moment.

looks more to me that this mooted bid is not going ahead

Nobody really can say for certain at the moment Alf one way or the other.

agreed, but would you risk money and buy today - monday if you insist?
i wouldn't

No I wouldn’t but there again I’m reluctant to buy anything just now with the market as it is.

masterly inactivity is what i think warren buffett calls it

papers are full of doom and gloom forecasting a heavy recession in usa within 12 months

Virgin Atlantic still mulling a bid for regional carrier Flybe

StockMarketWire.com

Virgin Atlantic said it was still in discussions with Flybe Group about making a potential takeover bid for the UK regional carrier.

Virgin Atlantic said it was continuing to 'review its options' in respect to Flybe.

'There can be no certainty that any offer will be made nor as to the terms upon which any offer may be made,' it added.



Story provided by StockMarketWire.com

crashes by 75%
shows why you should never buy on t/o rumours ....... company will indeed be taken over, but at a price of just 2m

The HSBC Nov 2018 buy recommendation, at 20p, was a great piece of analytical research.

Takeover secured at great cost to shareholders https://www.moneyam.com/action/news/showArticle?id=6273606

Takeover update https://www.moneyam.com/action/news/showArticle?id=6276850

Takeover info https://www.moneyam.com/action/news/showArticle?id=6290952

Standard Life & Aberdeen PLC reduce https://www.moneyam.com/action/news/showArticle?id=6301258

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US airline Mesa Air has proposed a last-minute deal to takeover struggling regional carrier Flybe. The Arizona-based company is part of a consortium of investors which has offered to inject £65m into the troubled FTSE 250 carrier and pull the rug from Virgin Atlantic's takeover bid. - Telegraph

Up nearly 109% this morning, are any of you trading this lot?

...I said?

Stan,

I'm not doing so.

Don't try and encourage me to do so.

I promise Fred, some really large swings though.