Meanbugger
27 Jul 2016
Re: takeover potential Trading conditions are very tough for Flybe as shown by today's trading statement. Falling yields and load factors do not make for a happy share price. Flybe's route network is not very attractive to other airlines. There may be some European airline for whom Flybe is a good fit but I've never flown with it. I wish Flybe well but I wouldn't buy the shares with so much uncertainty ahead.
CunningFox
18 Jul 2016
takeover potential Do you think FLYB now has takeover potential as low price & low GBP?
claude reins
14 Jul 2016
Hope someone here can understand... ....the latest announcement. If so translation welcomed in brief £effect - positive or negative!
Optimist1
08 Jul 2016
Re: HSBC valuation ??!! Will have a look at IAG. I think you just need a longer term view on the current situation.All the best.
themanxman
08 Jul 2016
Re: HSBC valuation ??!! HSBC should be taken to task over that sort of thing. How on earth can you have a target of £1 in June and 20p in July?I agree about a potential buy. It's just a question of when to buy in. Airlines are getting hammered. IAG worth a look too.
Optimist1
08 Jul 2016
HSBC valuation ??!! In June FLYB was £1 value and a BuyJuly its 20p and reduce, I think they know as much as I do.!!With a 65p NAV , unless the world ends, they look a good buy to me.
nk1999
09 Jun 2016
Numis "Flybe shares fell almost 5% as Numis rated the stock as a 'buy' with a 132p target.Numis said Flybe's reported pre-tax profit of £5.5m, from a £25.4m loss, was ahead of the brokerage's forecast for £3m.This meant the regional airline had achieved an important milestone in its transformation, said analyst Wyn Ellis."Trading conditions in the sector were challenging during H2 and, in our opinion, the results demonstrate improved management controls and greater resilience, with a strengthened balance sheet and progress in key KPIs," Ellis said.Numis noted that Flybe, looking ahead, had confirmed a challenging industry environment given the spectre of terrorist activity, industrial unrest in France, consumer uncertainty and the highest level of seat capacity growth in the European short-haul market for six years.However, the airline had promised to remain disciplined in pricing, and that it would continue to focus on unit cost reduction and maintain its capacity discipline through continuing fleet transactions."Market conditions continue to be tough and we believe that the revenue environment has deteriorated in recent months," said Ellis in a research note."Flybe notes that it is already taking cost and capacity actions to support growth in FY 2017 and the profit and loss (statement) will also benefit from lower E195 costs, reduced fleet costs and a reduction in the unit fuel bill."Numis had, reflecting the tougher industry revenue outlook, trimmed its FY 2017-estimated pre-tax profit forecast for Flybe to £21.7m, from £23m, with more modest progress now expected in FY 2018."From ADVFN.
Nice to Michu
09 Jun 2016
Re: A decent update tomorrow needed badl... This was - in my mind - a decent update and yet the SP is currently down on the day as I write. Surprising and Yikes.I agree with Claude that many see these guys continually getting squeezed by the bigger guys and so won't touch the shares. (or short them)My big hope short term hope is now a takeover at a medium sized premium to current SP. The SP is very low in my mind given it's now profitable, has a strong balance sheet and has put to bed most legacy issues. I can explain this best by saying that the SP is already havily discounted in anticipation of future misery i.e. overcapacity in the industry see the big guys price waring Flybe down the drain. I see this as possible but far from certain so I'll hold and see for a year or more. I still think if they can just keep going along as they now are then the current SP is not fair and reasonable.
Simbrad
09 Jun 2016
"The FY results were marginally ahead of our forecasts and represented the group's first positive EPS in five years as management resolved the last of the group’s legacy issues. As well as cheaper fuel, there was notable progress on non-fuel costs. Trading conditions remain tough, with headwinds from fragile demand and faster capacity growth across the industry." Liberum published a new note out this morning on Research Tree.
Simbr
09 Jun 2016
Re: A decent update tomorrow needed badl... "The FY results were marginally ahead of our forecasts and represented the group's first positive EPS in five years as management resolved the last of the group’s legacy issues. As well as cheaper fuel, there was notable progress on non-fuel costs. Trading conditions remain tough, with headwinds from fragile demand and faster capacity growth across the industry."Liberum published a new note out this morning on Research Tree.
claude reins
09 Jun 2016
Re: A decent update tomorrow needed badl... I should add that today's results reinforce what I have said - because I wrote my previous comments AFTER reading the results!
claude reins
09 Jun 2016
Re: A decent update tomorrow needed badly Sad to sat been caught by this in the past too - as a dependent passenger as well as as an investor. The best that can be said for this company is that it has a lot of cash - what a skilled cash raising 2 or 3 years ago! The next best thing to say is that they are sorting some of the legacy issues. That's worth a lot of avoiding negative cost, not actually making money....and that is where Flybe's problem is - they don't really have a place at the table. Easyjet and Ryanair, and others, are gobbling up the market. The low fuel prices have not benefited Flybe - they were caught with their pants down on forward buying, and also their fleet's cost benefits when fuel prices are high have dissolved. The SP may improve - it couldn't get much worse, but it isnt going anywhere, slowly.
Nice to Michu
08 Jun 2016
A decent update tomorrow needed badly Bad calls by me so far on this.. and perhaps my biggest dog of the year so far.. but hope springs eternal.. a strong bounce near the end of play today gives me a bit more hope.. but as many rumours - if there were any - are false as true.. a game of chance.. good luck to all holders
Ripley94
31 May 2016
Topped topped today @ 52.36
Ripley94
29 May 2016
Re: 11.5% rise today 18 MAY 15...
