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.

John Travolta

Perhaps he will buy PTG.

sold at 6p ...should be able to buy back at 6p soon...

Or less!!!

and now for an old time memory...........


come fly with me

those were the days.
:-)

How low can it go?

Realistically it could go to 0p, cant get much lower

ho come on lads/// pick yourself up// dust yourself off/// than start all over again// afer all don/t we have a star team in charge///// alright/// i/am still in STOCK//////////

Hanging in here on this one - might as well lose it all now!

I'd be more sympathetic but I'm in the same boat...still never mind Christmas hols shortly, plenty to eat & drink with healthy walks in the countryside and dreams of really getting it right with the next one.

I note that BAA has announced a boost to passenger figures because of people flying off to winter sports holidays. No reason why KIA may not have a similar boost on appropriate routes.

There is talk around Manston that routes to Bonn and Cologne are on the cards for early 2005, and possibly later on, Oslo and a possible Finland destination (how many destinations are there in Finland?) Bonn/Cologne thought to be daily, most likely weekdays.

We're out of the shit for the foreseeable future, now, anyway! Good man Martin May - the city trusts him.

If I understand you, you're saying things are looking up - well where is the evidence - not by sp.
This company has been a disapointment to its shareholders ever since.... it started - all "hopes and planes will fly" - yet in reality hardly anything has got off the ground without a huge cost to shareholders. I'm not convinced they needed to buy EUjet and not for so much cash - couldn't they have rented them some runway/tarmac instead?
Is the ann today another begging-bowl, or am I still remembering the last funding.

Evening all,i take it a few of you are long term holders,i`ve been looking at this of late,and i think it its about right for a buy,,cheap as chips.

dd
As long as you recognise this is a high risk stock. Much controversy over the future of PTG, strategy etc. I am still a holder and follow all the events but I can't see much prospect of recouping my investment in the near term.

Socs,is it another jam tomorrow stock,it looks that way to me . Lots of news of late all bad,,thats unfortunate for the long term holders,,so chin up & out with the trifle ..

DD

Im not sure at the moment there is that much promise of any jam tomorrow either. BAsically, it is a company that has some valuable property assets but that has had a confused strategy for a while (more confused since they bought a share in EUJet). They havent succeeded in realising the value of these assets over the last few years and this has resulted in several calls to the market for more funding. This problem has been exacerbated by the loss of the freight business at Manston and the purchase of 30% in EUJet which currently is eating working capital up. With no more progress on the sale of LFG and the refusal of planning at Fairlop the latest cash call was the last straw for the share price.

If I was looking to buy back in I would look at the asset value that could be realised and offset the cash burn against this to try to ascertain a potential value. Since taking over, May has not outlined a clear strategy rather announced it as it happens ie the EUJet deal. In the short term they need to get a good level of freight going through and realise at least one property asset. Without this, they will either require yet more funding or go bust - the problem being the strategy that management are employing is still not clear.

Dave
It's definitely a jam tomorrow stock. The big question is, when is tomorrow? There is a lot going on and I have not yet thought out the full import of the RNS.

All

Not quite sure whether there has been a posting regarding this issue ,but apparently the City has secured PTG/Eu jet future for at least 2 years by investing 30 million. This apparently was published in a broad sheet last week.
Surely this is or should be major encouragement to all future investors that the city has faith in PTG
G12