Sunday 20 January 2019 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
VAST – having promised no more death spirals and then done one with no conversion notice within 30 days…….. WTF, Nomad Fatty?
Some fools were buying shares in Flybe (FLYB) at up to 4p yesterday on the hope of a counter offer to the 1p a share Virgin/Stobart (STOB) bid. Fools. They should have followed the sage advice of ShareProphets. Today Flybe has knocked all that on the head and the shares have crashed to 2.57p. They are still 150% or more overvalued.
Oh dear, Oh dear. Is that the smell of burned Bulletin Board Moron fingers I detect? Flybe (FLYB) shares were 16p last night. This morning it has announced an agreed takeover from Virgin and Stobart (STOB) at just 1p per share. And that is generous. Lucian Miers and I did warn you.
Several people have asked me about Thomas Cook (TCG) recently where there is certainly an element of déjà vu from seven years ago. I was short then on the basis that the company was insolvent and was waiting patiently for the shares to go from 10p to zero...
Hello, Share Snackers. As you may have gathered, I constantly stress the importance of the currently steaming price of Brent crude. This happy trend will affect not just the oilers, but many other shares out there.
Hello share switchers. During 2016, I've already suggested that you research a few airlines, as the signs are that most of them will do rather well in the next few years. We can mostly thank the low price of oil. But airports are getting busier all the time. And as many less-developed parts of the world become, well, more developed, more of their residents will want to hit the business and tourism trails.
Flybe (FLYB) has seen its share price fall steadily since the start of the year, and at close to 12 month lows I definitely think it is worth another look.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at the shares of Enquest (ENQ), Flybe Group (FLYB), Skyepharma (SKP) and offer some share price targets.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Alkane Energy (ALK), Flybe (FLYB), Imagination Technologies (IMG).
Airline Flybe (FLYB) can probably count itself as unlucky that its cautious approach has contributed to the calamitous drop in its share price. At a time when some other airlines have been performing very well as a result of significantly lower fuel costs, Flybe has been unable to take advantage of that having hedged significant amounts of its jet fuel through into 2016 at much higher levels than the current price.
I warned in my last piece on Flybe (FLYB) HERE, that you should reduce your holdings. I apologise for not saying sell altogether as the shares tanked on the back of a trading statement yesterday. So what now at 66p.
I tipped Flybe (FLYB) at 116.5p here a couple of months ago HERE. The shares are now 100p following interims. I admit it, it was a bad share tip as the results were – as Tom Winnifrith pointedly noted on his BearCast on results day – less than impressive. I apologise to one and all for this tip.
Further to my last Flybe (FLYB) article the most recent update underpins the buy case with new routes announced which should underpin broker forecasts of a £50 million pre-tax profit for the year to March 2016.
Following my article calling the market sharply lower before the Scottish Referendum (HERE) I am still a bear and here’s why!
Following my recovery play holding of last week I promised to reveal my second private non-oil share this week – here goes it is Flybe (FLYB). This is a perfect hedge for anyone with large oil investments or a recovery play in its own right. It’s a sort of EasyJet in the making with a £250 million market cap -I reckon that should be well over £1 billion.
Search ShareProphets |
Recent Comments |