PPRuNe Forums - View Single Post - SOUTHEND 5
Thread: SOUTHEND 5
View Single Post
Old 11th Jan 2017, 22:27
  #3582 (permalink)  
SARF
 
Join Date: Apr 2012
Location: ESSEX
Posts: 274
Likes: 0
Received 0 Likes on 0 Posts
Stobart would like that to happen. Wether they 'need' that to happen is a different matter. They are generating cash for shareholders . Hence the 70 per cent rise in the share price last year. Money talks ..
If the airport cashes in then stick another quid on that.. if it doesn't then knock 25 per cent off the share price.

Either way it's not a ****e or bust trade for stobart. The real estate alone is worth a fortune
SARF is offline