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New Stock recommendation.....Flybe


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As before I dont offer them in frequency as always a chance it blows up in your face. In light of the success of the previous one in the summer here on TV I feel this stock is worthy of a punt

As such this one is NOT repeat NOT for widows and orphans

 

Flybe....

 

The airline industry is suffering across the board and flybe in the uk no exception from high fuel prices. The SP has fallen to a staggeringly low 10-11p. I have been watching since it was 40-42p literally only a month ago. There is a chance of a buy out and its certainly needs reorganisation if it doesnt happen

I understand there are substantial funds in the bank. Am not going to sugar coat it however.

Do your own research invest funds that you can afford to lose.  Read the RNS reports. The upside from here is potentially huge.  Two years ago the sp was just shy of £1

 

A 12 Month hold.....

 

Will update as and when

 

 

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Here we go. Buying into Tuesdays close and early Wednesday has taken us to 12.20p mid at time of post

This will likely continue up to interims on 14th November which I understand are above expectations

Snooze and you'll lose

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