Cimber - Sterling
Join Date: Jan 2006
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And the story continues
Cimber klar med ny plan ved børsfiasko
but then again, they could be wrong.
Boarding.no : - Et risikabelt prosjekt"
what a shame
uups another link
Hangar.no - Cimber Sterling i akutt krise
but then again, they could be wrong.
Boarding.no : - Et risikabelt prosjekt"
what a shameuups another link
Hangar.no - Cimber Sterling i akutt krise
Last edited by Heidihiho; 17th Nov 2009 at 16:54. Reason: new link, sorry
Join Date: Dec 2008
Location: Oslo
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Den siste utviklingen tyder på at kreditorer blir bedt om å godta aksjer.
Hvis Cimber ikke klarer seg, så er det gode arbeidsplasser som blir erstattet av noen som "byr lavere".
Hvis Cimber ikke klarer seg, så er det gode arbeidsplasser som blir erstattet av noen som "byr lavere".
Join Date: Aug 2005
Location: Denmark
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to Heidiwho?
Wow heidi, you´re really on a crusade here... sounds like you are not going to buy shares in CimberSterling. Fine... But maybe its time to call it a day with this, as you are getting really embarrasing. I was going to say that your kind of argumentation is really low and gutter like, but then again, it´s not really argumentation is it? More like onesided bull....
Someone may have told you once that there is often more than one side on a story... They were right...
Regards
Someone may have told you once that there is often more than one side on a story... They were right...
Regards
Edmonton,
As much as I respect Cimber and the fact that the FPU union might be claiming that the Danish media is on a witch hunt and all their accusations are none existing.
We have to look at Cimber's performance the last several years. Cimber had around 600 mil D.Kr in 2003 and was struggling big time. Years have passed and the company has had massive losses year after year. Now leaving them with around 120 mil D.kr.
Having bought the sorry remains of Sterling and now operating bigger planes 120 mil is not going to last very long and further capital is needed for survival.
Promoting themselves with big expansion plans in a declining domestic market where pax numbers are significantly reduced each year. Launching old Sterling routes of which many aren't profitable due to an increasing competition from lowcost carriers such as Norwegian and Transavia.
Promoting themselves in CPH,BLL and AAL, where they are getting fierce competition from SAS, Norwegian and Transavia in CPH. A soon to be finished low cost terminal in CPH where companies like Ryanair and easyJet are most likely to show up and steal from the cake.
In BLL Ryanair is getting bigger and bigger, an FR base there is inevitable in the near future.
Being a regular passenger on a UK to BLL route I still have not seen more than 40 pax on a 737
In AAL it seems Norwegian is expanding too and it has been made public by Norwegian that their target is QI.
Knowing several people from the old Sterling part and having been chatting to them- they all say that QI is doing all the same mistakes as Sterling did.
With unpaid bills around 100 mil D.kr and a cash reserve of 120 mil it's not rocket science to see why no private investors have come forward.
For those reasons it's a must for QI to enter the Danish stock market, but who really wants to invest in a company with those odds against QI?
I truly wish all the best for QI but I for one, certainly will not be investing in them and unfortunately I cannot advise anyone to do so
As much as I respect Cimber and the fact that the FPU union might be claiming that the Danish media is on a witch hunt and all their accusations are none existing.
We have to look at Cimber's performance the last several years. Cimber had around 600 mil D.Kr in 2003 and was struggling big time. Years have passed and the company has had massive losses year after year. Now leaving them with around 120 mil D.kr.
Having bought the sorry remains of Sterling and now operating bigger planes 120 mil is not going to last very long and further capital is needed for survival.
Promoting themselves with big expansion plans in a declining domestic market where pax numbers are significantly reduced each year. Launching old Sterling routes of which many aren't profitable due to an increasing competition from lowcost carriers such as Norwegian and Transavia.
Promoting themselves in CPH,BLL and AAL, where they are getting fierce competition from SAS, Norwegian and Transavia in CPH. A soon to be finished low cost terminal in CPH where companies like Ryanair and easyJet are most likely to show up and steal from the cake.
In BLL Ryanair is getting bigger and bigger, an FR base there is inevitable in the near future.
Being a regular passenger on a UK to BLL route I still have not seen more than 40 pax on a 737
In AAL it seems Norwegian is expanding too and it has been made public by Norwegian that their target is QI.
Knowing several people from the old Sterling part and having been chatting to them- they all say that QI is doing all the same mistakes as Sterling did.
With unpaid bills around 100 mil D.kr and a cash reserve of 120 mil it's not rocket science to see why no private investors have come forward.
For those reasons it's a must for QI to enter the Danish stock market, but who really wants to invest in a company with those odds against QI?
I truly wish all the best for QI but I for one, certainly will not be investing in them and unfortunately I cannot advise anyone to do so
Join Date: Nov 2009
Location: Cook Island
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I smell a rat
What I want to know know is:
1: Why did Cimbers CEO, Mr Jorgen Nielsen, resign from a company that has been run by his family through the last 90 years and especially now in the most challenging of times??
2: Why is it, that the owners(Nielsen and family),wont invest some of the 45 mill DKR that they pulled out of the company 2 years back(or was 1 month back,as reported by a danish newspaper) if the company is in dire straits? After all wasnt it Mr. Jorgen Nielsen who launched the 737 operation
Two scenarios next
1 Either the pull out the 737 or
2 its bye bye Cimber
1: Why did Cimbers CEO, Mr Jorgen Nielsen, resign from a company that has been run by his family through the last 90 years and especially now in the most challenging of times??
2: Why is it, that the owners(Nielsen and family),wont invest some of the 45 mill DKR that they pulled out of the company 2 years back(or was 1 month back,as reported by a danish newspaper) if the company is in dire straits? After all wasnt it Mr. Jorgen Nielsen who launched the 737 operation
Two scenarios next
1 Either the pull out the 737 or
2 its bye bye Cimber
Join Date: Nov 2009
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Last edited by uncle-traveling-matt; 24th Nov 2009 at 21:30. Reason: spelling
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Join Date: Oct 2007
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Emisjonen løser ikke Cimbers problem, de klarer ikke å tjene penger. Ikke nå, ikke i fremtiden.
Det positive med dette at nå må de ihvertfall vise kvartalsregnskaper til markedet.
Uansett, gratulerer med fulltegningen.
Det positive med dette at nå må de ihvertfall vise kvartalsregnskaper til markedet.
Uansett, gratulerer med fulltegningen.
Thread Starter
Join Date: Aug 2003
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Thanks Bjørn
QI/NB would like to thank DY and Mr Kjoos.
His agreesive attack on QI/NB made the Danish Vikings go berserk.
"We will keep Denmark Danish" - So the major part of the Danish business administrators suddenly found out that QI/NB is a hell of a good investment!
His agreesive attack on QI/NB made the Danish Vikings go berserk.
"We will keep Denmark Danish" - So the major part of the Danish business administrators suddenly found out that QI/NB is a hell of a good investment!
