Time now for all us Wiggins watchers to move with the times and start using Planestation, the new company identity. The name Wiggins Group plc has now disappeared from the database at Companies House and Planestation is now listed on the LSE website.

So fellow travellers, forget Wiggins, the name of the game is now PLANESTATION. Lets hope it goes like an express train.

slmchow

Sorry, I remembered it wrongly.

I should have said 31 million net book value.

How selective you have been.

The full quote of that paragraph is

"Based on the 31 March balance sheet, the new money turns Wigginss 16.4 million net liabilities into a 31 million net book value. Cash at bank rises to 12.9 million while short-term creditors fall two thirds to 23.9 million."

Maybe you wanted the price to go down?

It has, so this is another buying opportunity IMHO.

Strange one as buys outway sells considerably!

It is a good buying opportunity but like the last paragraph of the share magazine article says. quote

'Warrants,convertibles and options would add a further 500 million shares, taking the diluted share base beyond 2.6 billion'

So we need a good whole volume of trade to get any movement if you think for example FTO and THUS have about 1.4 billion in circulation

I,too,do not understand why the price is going down - especially as I have
found no negatives/potential negatives ANYWHERE.Incidentally,have they applied
for planning permission for - the reduced size - Londoncityracecourse ?
rgds aj

So 31m net book value, diluted share base of 2.6BN.

I make that just over 1p per share. About right.

Bummer ! must sell. while I'm still in profit ! (Just)

I am in a live/die position :-250,000 shares
rgds aj

Share price drop :-Perhaps explanation :-

See www.bbc.co.uk/Kent
They have been just fined 52,000 sterling for breaching night flight agreement.
The objectors were hoping for a fine of Millions.

My guess is that Manston were merely testing the waters to see would they
not be fined and thus effectively create a precedence ensuring night flights
would continue to increase albeit at a slow pace.
Opinions ??
rgds aj

Thanks ajren

For some real facts.

I was wrong i.e.my above explanation was not the reason - they are down
again today.There must be some logical reason - hard fact - why so much
downside:-especially over the past week.Anyone know ?
rgds aj

Hmmmmmm,

I would like to buy some more at this price but I still haven't found out what is going on.

It looks similar to the cybit shares !!! The MMs are in control waiting for you to sell. Not me.........

G12

Why no buyers at 3.66 ?
rgds aj

No good news flow to buy on ?

I think a present price of 5.50 would accurately reflect the position and
good news from there would increase the price.All - in my opinion - bad news/etc
was priced in at 5.50 so there is no reason for a lower price.Opinions welcome ?
rgds aj

I think the price will make a steady move upwards on financial good news and nothing else. The fact they are expanding at Manston and the race course project which is or will be underway obviously isnt a big neough influence for investors to buy.

G12

Once the BIP is in operation, due to come on line Jun/Jul this year then I would certainly expect to witness a rise in the share price. Having the facility would IMHO attract additional Cargo Carriers into MSE.
rgds BI6

Another downside : Close of 3.62

My guess - not a fact - is there is a Serious Problem we are not aware of e.g.
a Property sale that fell through/Racecourse planning problem/Cosmos not going
ahead.I do not think BIG money will be made on cargo.I think the Florida
flights should be a goldmine - especially if they do what they hinted at i.e.
use that as a springboard to open up a network of N.American airports.
Any opinions/facts ?
rgds aj

Follow the professional money. 46 mill chasing longer term view,not short term quick buck view. Me...topping up!

This was always going to be a long term investment.

The BIP can't be built overnight & the passenger flights are going to take a while to organise even if they get agreement now so we have to wait a couple of years for big profits.