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.

After much water flowing beneath the bridge the trend definately looks as though we are heading north at long last on this one, may it continue!!!

A close over 5p mid should prompt some comment from EJ on Sunday. Tempted to top up in the next hour, as I cannot see there being a dip from current level now.

Another blue day and a strong close with the mid above 5p. Lets hope it continues next week - still looking for confirmation of the Liverpool deal and Mays startegy.

A rumour on a competitor board claimed that the Liverpool deal had been done with Macleans a local developer but that this bid has been gazumped by a much higher bid, hence a bidding war is why we have received no confirmation. This is purely specualtion from another another BB but would be very positive news if true.

Orson - interestingly - EJ has been posting on the BB of the competitor site over the last few days.

He topped up at 4.25p, regards the current spread as criminal though says you can get inside it and sees the May contract of 2 years as a positive indicator saying that he must see "medium to long term potential".

Also, interesting to note May is up over 10% on his share options already.

Fundie - cheers, read EJ's remarks and he has posted there for quite a long time, intermittently. I am one too - a fundamentalist, that is. The de facto spread most of this pm was 4.9 - 5.1p, though it was possible to get inside even that.

Time is definitely needed to turn around PTG and May's contracted term of office is certainly a step in the right direction.

The new brush will, hopefully, sweep very clean, and leave a focussed company with all its eggs in the airports basket, without giving away the other property assets.

May is fully incentivised now.

I shall wait for upward movement in the warrants from hereonin. I topped up small-time today, but my share and warrant holdings are predicated on an exit price of 11.5p for the stock, so I might have quite a wait.

News on the EUJet routes is starting to filter through,

PERMIT APPLICATIONS
EDC061 EU-JET OPS LIMITED to operate a scheduled air service between Manston and
Jersey.
The permit would be effective from 28 June 2004.
c/o www.caa.co.uk

good luck
eddie

Thanks Eddie

According to a poster on another BB he has spoken to the company this am and an announcement from EUjet is coming after lunch. Share price has ticked up - lets see what the afternoon brings!!!

Article on BBC Radio Kent has said that the EUjet announcement has now been delayed till next week!!!

Surprise Surprise !
Perhaps it's delayed to enable them time to release something on the Liverpool deal ?

skyhigh
The announcement will be from EUjet, not from PTG.

For the sake of everyone else, it takes time for an airline to get everything together for new routes. Apart from making the aircraft available, there is crew employment and training. Logistics to be set up and contracts to be placed with service providers. It's not surprising it is taking some time but the fact that next week is quoted for the newly scheduled announcement is promising, IMHO.

Thanks Socs that all makes sense. Little point in making announcements only to have to adjust statements made within the next few days, that would certainly attract the wrong type of comments!!

OK thanks Socs, Opts. Feel a bit better now :)

Any idea when the Liverpool deal is likely to be announced ?

Skyhigh. No

2.5 Million crossing trade

Followed by 400000 Buy

Looks interesting!

Two new announcements to look at, go look at the RNS, makes a couple of things official at last.

Thanks Socs
Something positive about Liverpool at last, feel this will have a good effect on the share price on Monday, pity the announcement was not made earlier in the day.
Not too good for Mr Lansbury although I could cope with 12 Months 'garden leave' on his likely salary, severance deal. Must have had a bit of a dissagrement in the office.

Yep good news!

Liverpool deal DONE!

Lansbury kicked out!

The knifes are certainly out:

Planestation Group PLC
18 May 2004

PlaneStation Group plc ('the Company')

The Company announces that the Executive Board, supported by the Chairman, has
passed a vote of no confidence in Lady Delves Broughton, after a loss of
confidence in her by the Executive Board. As a result of that vote Lady Delves
Broughton has since been removed from the Board Committees on which she sat.


Further Enquiries:

Hugo de Salis St Brides Media Tel: 020 7242 4477
Isabel Crossley


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



Appointment of new Advisor and Broker also announced today.

This one is a bit more intiguing to me as if memory serves me right she was standing down at the AGM anyway! I wonder what has happened to accelerate her departure.

It is also getting to the point where surely a statement needs to be made regarding the strategy the company is taking. All we are seeing is one director after another leaving, an announcement that LFG is in negotiation (after the press had reported as much). It is starting to concern me that we as shareholders are being kept in the dark for so long. the company also made no comment with regard to the delay in the announcement of the EUjet routes - hopefully that will happen as planned thursday - as this has be of concern now with the recent statements from Ryanair and BA regarding the price wars that are going on in the sector.

Anyone else concerned about the lack of communication or are am I just getting paranoid.

Fundamentalist,
I think a lot of us have thoughts about delays in announcments from companies, not just from PTG I might add. It seems to be common practise to let the shareholders know of developments after the event, this probably protects the shares of the companies from unnessary speculation until details of events are finalised.
It is interesting that so many internal events are happening here in PTG recently and I particularly note the appointment of the new advisor and broker and wonder if the new advisor has been involved in these recent decisions.
If this was the case I would not be critical, as looking back over the recent history of the company radical changes certainly needed to have been made to get PTG moving forward, and I am sure that I would be joined by many investors in wishing the present board all good wishes and support that is neccessary to this end.
Rgds
opto