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Old 11th May 2007, 12:04
  #122 (permalink)  
Count von Altibar
 
Join Date: May 2002
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Come on people, SMB will sell if the price is right. He's just turned 65 and will be thinking of winding down in the near future. Anyone who argues this point just ask yourself why he negotiated the 'put' option with Lufthansa in the first place? This is not spin from Virgin, it's actually happening in the real world we live in. Sir Dickie Branson wants bmi and will do his utmost to buy it if it becomes available. Take note that just a few weeks ago Nigel Turner was stating that bmi was not up for sale, and now his latest remarks are 'I cannot rule out SMB selling his shares'. Do you think bmi is going to take on the might of BA & the American carriers to the US. I think not! I believe he'll start a two or three token routes next spring and then sell his share to the highest bidder as the company will probably then be at peak value.
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