ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

GMAA Gama Aviation Plc

94.00
-0.50 (-0.53%)
Last Updated: 08:00:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc LSE:GMAA London Ordinary Share GB00B3ZP1526 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -0.53% 94.00 2,027 08:00:08
Bid Price Offer Price High Price Low Price Open Price
91.00 97.00 94.00 92.50 94.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled USD 285.64M USD -8.86M USD -0.1385 -6.79 60.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:31:54 O 2,000 91.333 GBX

Gama Aviation (GMAA) Latest News

Gama Aviation (GMAA) Discussions and Chat

Gama Aviation Forums and Chat

Date Time Title Posts
04/4/202409:01GAMA AVIATION : post-merger with Hangar 81,579
21/2/202213:05Gama Aviation3

Add a New Thread

Gama Aviation (GMAA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:31:5691.332,0001,826.66O
07:02:5197.002524.25O
07:02:5197.0021.94O
2024-04-24 15:35:2294.50296279.72UT

Gama Aviation (GMAA) Top Chat Posts

Top Posts
Posted at 25/4/2024 09:20 by Gama Aviation Daily Update
Gama Aviation Plc is listed in the Air Transport, Scheduled sector of the London Stock Exchange with ticker GMAA. The last closing price for Gama Aviation was 94.50p.
Gama Aviation currently has 63,961,279 shares in issue. The market capitalisation of Gama Aviation is £60,123,602.
Gama Aviation has a price to earnings ratio (PE ratio) of -6.79.
This morning GMAA shares opened at 94p
Posted at 04/3/2024 12:31 by rivaldo
So the Tender Offer at 95p has been increased such that if all the Tender shares were taken up, MK and Bermesico would own all the remaining shares.

And even if some shareholders don't accept, it's likely that there will be such a small rump of shares left that GMAA will delist. It's essentially a takeover by MK.

Looks like I'll be accepting then!

A better return than I expected a few months ago, but GMAA's been a serial disappointer, so perhaps it's for the best.
Posted at 22/2/2024 14:30 by rivaldo
An innovative new service from GMAA subsidiary Flyertech, no doubt hoping to get in on the ground floor with new clients:
Posted at 18/2/2024 16:09 by harry the haddock
Can someone explain to me in simple English what is happening - are we still getting the 55p a share special dividend for example?
Posted at 01/2/2024 07:43 by rivaldo
Big news late last night - GMAA are scaling up their helicopter special mission division.

They've paid just £280k to administrators for a forecast £27m of turnover in acquiring Specialist Aviation:



Of course there are added wrinkles. Transaction costs etc will take the total cost to £3m, and there are lease obligations on helicopters and property to take on.

Nevertheless, this could be an absolute bargain price given the likely synergies and cost savings etc, with H2'24 and onwards likely benefiting nicely.
Posted at 12/1/2024 13:54 by rivaldo
Their track record is, erm, mixed at best! But recent moves in terms of the fantastic result from the sale of the US MRO business and the large and long-term contract wins in Air Ambulance/helicopters have been stellar.

With a minimum return to shareholders of 55p per share coming our way, the current share price is probably underpinned.

There hasn't been an updated broker forecast for some time (typical WH Ireland). This will be key as they'll likely be guided by the company as to forecasts for 2024 and beyond, but we may have to wait for the 2023 prelims for those.

With a much more simplified business one might hope that management's attention will turn to fixing those margins and achieving decent profitability.
Posted at 12/1/2024 12:02 by rivaldo
Interesting new analysis....



Extracts:

"Quite honestly, I’m flabbergasted by the RemainCo’s incredibly low valuation. As I already mentioned, this is a business that in FY 2022 had sales of ~$167 million! Furthermore, I’m expecting the new strategy to deliver growing Operating Margins that will eventually reach ~10%. An assumption that values the entire company at less than 2 times Operating Profit - an exceptionally cheap price!"

"Ultimately, given the low price and the strong balance sheet, I think this is one of the best investment setups I’ve seen for a long time. As such, I’m really looking forward to following the company’s recovery into 2024 and beyond."
Posted at 08/1/2024 12:16 by rivaldo
News that GMAA are in discussions with "a UK-based provider of helicopter emergency medical services ("HEMS") and aircraft repairs and maintenance services ("MRO".

This quite a major acquisition coming with £24m of revenues, and would be nicely complementary to its existing air ambulance etc services:
Posted at 05/1/2024 11:18 by camerongd53
Gama seem to be sitting on the distribution of approx. 55pence per share.
Can anybody do an update on Progress.
Posted at 18/10/2023 22:45 by pireric
For me, the judgement call on leases is whether there is a material risk a big share of them can go onerous / not coverable by operating cash flows.

For a company like Next, am I realistically worried? No. It's just a cost of running the business, so look at net debt/cash on a pre-lease basis

For a barely profitable restaurant chain... then I would be more worried and want to think of it as a liability that may not be fundable out of operating cash flows and a number that should go into an EV

I am not too sure what to make of GMAAs leases as I am not too familiar which side of that argument they should fall into

Eric
Posted at 18/10/2023 11:20 by paul_butcher1999
Thanks Rivaldo - the share price increase looks very muted given these numbers!
Gama Aviation share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock