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Fastjet

16:50 on 21/11/2017

Current Price 20.50p | Bid 20.50p | Ask 21.00p | Change 0.00%

Company Overview

fastjet plc (formerly Rubicon Diversified Investments plc, formerly Rubicon Software Group plc) is the holding company for African airline Fly540, which operates from four bases in Kenya, Tanzania, Ghana and Angola. Fly540 currently has 10 aircraft serving around 25 domestic and regional destinations, carrying approximately 750,000 passengers per year with a strong emphasis on safety, security and reliability. Following a consultancy assignment by easyJet founder Sir Stelios Haji-Ioannou's easyGroup focused on determining the feasibility of launching a European-style low-cost carrier in Africa, we are now preparing for the launch of fastjet, Africa's first low-cost carrier, flying a modern fleet of jet aircraft based on the Fly540 platform of licences and routes. The first flight under the fastjet brand is scheduled for 29th November, bringing an entirely new flying experience to the African market.

Stock Details

EPIC FJET
ISIN GB00BWGCH354
Shares in Issue 66,422,097
Market cap £ 17.10m
Sector Software & Computer Services
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 31/12/2015

Turnover $65.06 million
Operating Profit $-42.33 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -0.60
» More Financials

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Price Summary

Mid Price ? 20.75p
Bid Price ? 20.50p
Ask Price ? 21.00p
Volume ? 5163
Change Today 0.00p
% Change Today 0.00%
Open 20.50p
Previous Close 20.75p
Intraday High 20.50p
Intraday Low 20.50p
52 Week High 101.50p
52 Week Low 19.00p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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