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Norwegian Air Shuttle ASA (NAS.OL)

Oslo - Oslo Delayed Price. Currency in NOK
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55.60+0.60 (+1.09%)
At close: 4:28PM CET
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  • T
    Tal
    Norwegian Air says Boeing dispute to be decided in U.S. court
    Bearish
  • S
    Sivarajan
    I don’t understand the recent news, can you guys let me know your thoughts on this?

    Norwegian will raise between NOK 2.63 and 3 billion in new equity.
    The share price in that issue is planned to be just under NOK 7 per share. action.
    Despite this, Norwegian is still traded at more than NOK 50 per share. share on the Oslo Stock Exchange.
    Including the hybrid loan, a total of NOK 4.5 billion in fresh capital will come in.
    According to the plan, all the money will be collected at the end of April.
  • J
    Jacques
    new conditions for bonds/creditors...thys stockprice is a misterium...
    Before: 150 percent of the amount invested in the hybrid will be in addition to an interest-free loan maturing on 30 December 2026.

    Now: 200 percent of the amount invested in the hybrid will be in addition to an interest-free loan where half is due on 30 September 2025 and half on 30 September 2026.

    Conversion rate:
    Before: The loan could be converted at a price that was the higher of the share price in the planned issue in April or 5 per cent below the average share price just before conversion in 2023.

    Now: The loan can be converted at a price that is 50 percent above the price at which new shares will be issued in the issue in April.
  • G
    Giorgi
    Hi guys, anyone knows when new stocks are released and what kind of privilege I have if I hold this stock before 21 December?
  • M
    Matthew
    If you’re planning to hold, you can now buy this stock for 7 NOK (less than 1 USD)
    Neutral
  • C
    C
    If you have shares from before 21 december dont sell. You should have rights to the new shares beign issues 2021 see below. So matter how Big of a dilution you can cover if you have the cash ofcourse.

    This will go to the Moon in May/June.

    Rights offering
    1. The share capital is increased by minimum NOK 0.01 and maximum NOK 8 million by issue of minimum 1 and maximum 800 million new shares, each with a nominal value as determined by the resolution “Reduction of share capital” above.
    2. The subscription price is minimum NOK 5 and maximum NOK 40 as determined at the discretion of the board of directors.
    3. Shareholders as of today registered in the company’s shareholders’ register with the Norwegian Central Securities Depositary (VPS) on Monday 21 December 2020 (Record Date) have preferential rights to the new shares in proportion to their shareholding in the company, cf. § 10-4 (1) of the Public Limited Liability Companies Act.
  • d
    dan
    Norwegian’s current plan is to serve Europe with 50 narrow-body aircraft in 2021. While the narrow-bodies are easier to fill and cheaper to fill, this will also put Norwegian into head-to-head completion with Ryanair and other discount airiness. If all goes well Norwegian plans to increase the fleet to around 70 narrow-body aircraft in 2022.
    Neutral
  • c
    catalin
    hey guys we are still on the safe plane relax..with no engine on fire
  • e
    enrique
    Anybody knows When is the trial
    NAS & BOEING ?
  • D
    Dimitris
    is there a split coming?
  • J
    Jacques
    Negative's: creditors winn postponement again, now till 23.Exim Bank +others ...The process is now further delayed. Thus, it is quite certain that Norwegian will have to use an extra deadline of 50 days that has been introduced due to the corona....
    The very last deadline to leave the Irish bankruptcy protection will then be Saturday 17 April.
    This means that Norwegian is planning to obtain a conditional permit to leave the scheme before NOK 4.5 billion in new capital is in place.
    There is something the Irish judge Quinn thought sounded strange: - I am struggling with a concept where I have to approve a plan in Irish law before what is to happen in Norwegian law and before raising new capital
    the only Positive: This time, however, he did not protest on behalf of the two leasing companies, but only on behalf of the US State Bank.
    Because in the talks with the leasing companies, there has obviously been clear progress since the last time. Norwegian's lawyer read out a number of agreements that have now been terminated after agreement with various leasing companies.
  • a
    attila v
    Rights offering for non ADR holders is just another way of getting investors to hold on to the falling ship. This baby for long terms investors is not recommended. Use common sense, look at the balance shett and cash flow.
  • C
    C
    I just love this stock!
    Bullish
  • S
    Sivarajan
    Anyone thinks there will be a final squeeze for this stock.. or will it just keep dropping slowly? - I’m just worried cause I am not seeing any more news about Norwegian air... if you have some positive news please share
  • A
    Anonymous
    Norwegian Air Shuttle ASA et al v. The Boeing Company et al

    Case Number:
    1:20-cv-04108

    MINUTE entry before the Honorable Andrea R. Wood: Telephonic status hearing held on 1/27/2021. The motion of AAA Max 1 Limited, AAA Max 2 Limited, AAA Max 3 Limited, AAA Max 4 Limited, AAA B787 2 Limited, and AAA B787 3 Limited to intervene 38 is entered and continued. By 2/3/2021, the parties shall inform the Court whether they desire an opportunity to address in writing how the motion to intervene impacts the pending motions to dismiss 17 , 23 . Telephonic status hearing set for 2/26/2021 at 10:30 AM. To ensure public access to court proceedings, members of the public and media may call in to listen to telephonic hearings. The call-in number is (888) 557-8511 and the access code is 3547847. Counsel of record will receive an email 30 minutes prior to the start of the telephonic hearing with instructions to join the call.
    Bullish
  • S
    Sivarajan
    Why is it going up?
  • C
    C
    I just love the stock
    Bullish
  • J
    Jacques
    results from 28.01 Boeing audience, not rosa ....
    Attorney Orpett writes in a statement of support submitted to the federal court that the companies he represents sit on 12 of the 18 Max aircraft that Norwegian bought and 2 Dreamliner aircraft.
    "Norwegian's interest in the 14 aircraft has been transferred to interveners who have an exclusive right to seek compensation for losses incurred by Boeing's breach of contract and warranty," the lawyer writes.
  • a
    attila v
    It is like a Norwegian during his ski-jump; staring from the top of the hill, sliding at high speed to hit the ground. Of course, here the longer time it would take to reach the $1 USD, ground level, the less pain would be distributed among the investors, allowing them to jump this Titanic, before sinking under. Luckily my losses were balanced by the gains of other investments. Should we try the Norwegian Cruise Lines during the next 7 years or just stick to the virus free salmons?