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Old 5th Oct 2014, 09:11
  #451 (permalink)  
111KAB
 
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Given this thread is with regard to Monarch and CargoOne's post re the plane ownership (rather than leasing) situation at Monarch I enquire as to the general thought regarding the Greybull potential injection of funds. Given that Greybull were involved in the Comet Electrical and Riley Snooker Halls financial woes I wonder why it would appear they are the only (vulture) fund who have seen a potential in an investment in the Monarch Group?


Is this a long term investment or for short term gain? In the short term the liquidation of MAEL, Cosmos, A300's, prime slots etc would surely realise a significant sum .... more than enough to equate to a reported £75 mil injection??


One hopes they are not in it for asset stripping however given their (Greybull) past record and the general feeling regarding prospects for future growth (admitted by Monarch themselves with regard to current downsizing) the interest of a little known fund should surely be looked at with a degree of trepidation.
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