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.

Looks like a lot of trades in the Sell & Unknown columns were actually buys

Hi apple,
Thanks.However,all that matters is the price i.e. - .16 on last weeks 4.66.

Basically,I am saying the Directors are and have Always Been - the crazy
Interest on mezzanine loan,etc - incompetent.IF it was a good deal the price,
at a guess,should be 20.00 p.
Deals should be only done with Major League - Finance no problem....etc -
Players.EUjet is and always will be a bottom of the league player in an
Oversaturated market and operating within the Impossible - for their type of
business -- constraints of no night flights.
rgds aj

ajren said "Basically,I am saying the Directors are and have Always Been - the crazy
Interest on mezzanine loan,etc - incompetent.IF it was a good deal the price,
at a guess,should be 20.00 p."

Obviously ,ajren, the Prudential and other institutions think you are wrong because they have invested millions in PTG..but hey that means you think they are incompetent as well. Lol:-)

But then you are right, the shares should be 20p.. My 200k at 3.66p look like a bargain:-)

Hi madasafish,

Yes - they are incompetent RE Planestation i.e.they bought much higher than 3.66
What others have bought -- they are only 4.50 ?
Your buy at 3.66 is already a good buy.

The questions should be Why did they go down from 4.66 to 3.66 and why are they
.16 less than last week after the GOOD NEWS ?

Manston WAS -as a result of this deal their Jewel in the Crown.

rgds aj

Serious buying going on, and the 56m placing will soon be mopped up at this rate. Level 2 looking good.

Hi Scottie,

No disrespect meant but ALL that matters is the price i.e.they are still 4.50
which is .16 less than last weeks 4.66
rgds aj

maybe ajren is overdoing it a bit, but you only need to look at abbey national results last two years to see how incompetence is not the sole preserve of smaller company management. Equitable life? Marconi? etc lost vast sums. PTG has an exciting project but the Pru will hopefully know it is high risk (with for them a small change investment) - get it right and the PTG management will make themselves a fortune and us other shareholders a commensurate reward for the current risks, but too many mistakes and its likely to be goodnight Manston in its present ownership.

Hi Partridge,

I agree so why am I overdoing it?The proof is in the price i.e. --- .16
LESS than last week : which was 1 week BEFORE the great deal.
rgds aj

STILL:- 4.50 @ 45,397,968 V
Directors not incompetent ---- such a terrible deal ???
rgds aj

Buying price just gone up to 5p - this flight is on the runway ready to take off! The buying will carry on now through Monday until Tuesday at least.imop

Selling price = + .042
rgds aj

Looks like a good deal to me.

I'm not sure why my last post was filtered? Anyway the buying price has moved to 5p - filter that if you like too!

Why did the price fall? Silly question. Someone sold 14 million shares.


Why is it going up? Lots of buying...

Always the same after a rights issue, confusion reigns whilst institutions rebalance holdings etc...

How jolly, I wish all my investments would go up 22% in a day.

Mad - as -a - fish

Folks

If you live in the SE watch the local news tonight bbc or itv not quite sure??
News on Manston and passenger flights into europe and within the uk. Spoke to my dad and he only got the tail end of the story.

G12
Have a good weekend

I last held the old WGG in 1996/8. Got out with a modest profit at 12.5p.

Have bought in again today at 4.95p on the strength of the passenger flights as I really believe that I will be able to do the same again.

Chandos (normally posting as Lhasa on other boards)

Golfclub12

Thanks, but I don't live in that TV area.

What is the link for the local TV website?

27 february 2004
Kent International Airport Manston Cleared For Take-Off

Plans for significant new passenger services at Kent International Airport Manston have been welcomed today by Kent County Council.

Cabinet Member for Regeneration Alex King said he was excited by the proposals from Irish airline company EUjet to establish a European service from Manston.

Mr King said: “This is very good news for Thanet, one of the county’s most deprived areas, as it will provide a jobs boost and put the airport on the map as a regional centre. It will also provide an essential service for Kent residents, business people and tourists who are currently forced to travel long distances to Gatwick, Heathrow or Stansted.

“The county council is fully committed to appropriate expansion at Manston and we very much welcome EUjet’s proposed growth of up to two million passengers annually in three years time.

“This level of expansion at Manston is in stark contrast to the Government’s proposals for an airport twenty times the size at Cliffe – so I am pleased that this announcement has come so soon after the successful resolution of our battle to stop Cliffe airport.”

The county council has allowed for expansion of Manston to up to six million passengers a year by 2021 in its structure plan policies. EUjet are expecting to start operating from Manston in June provided they can raise the extra capital needed – airline routes will be announced later.