Wow! There are some really ruffled feathers out there - Blink is clearly a company causing waves in the UK industry (if not Europe?)!! If you want a revolution get the people talking....
The truth is none of us know what true position Blink is in at the moment - regardless of reports from Companies house (no company is truly transparant) - and their management is probably sharp enough to know that sending out the right messages to the market (including employees!) supports their business.
The acid test is 2 fold:
1. How long have they been around? If less than year then the news that they are selling assets is not good. If they are passed year 1 then they have a higher probability of survival.
2. The market will decide.
If they have a good product, a strong price and have not eroded their margins by pumping their investors cash into buying market share then they will see a return correlated with the amount of business they win.
Yes we can speculate untils the mustangs come home what their intentions are and it could be whole number of permutations...e.g buying out shareholders? increasing liquidity? Restructuring the balance sheet for the purpose of sale?
Or simply trimming to meet projected demand? etc.. etc...
Some of the guys I occassionally fly with see their cute little jets at various European airports on a regular basis so they seem busy. Client feedback? Who knows but
if they are getting repeat business and are winning long term clients they cant be all bad! They
appear to have high visibility backed by a strong brand which is slowly getting recognised.
I am going to put a bet that England have a 50-1 chance of beating Germany on Sunday and a 2-1 chance that Blink are undertaking long term posturing to sell their business in 2-4 years if they can hang on long enough. Any takers?