||EPS - Basic
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AA Share Discussion Threads
Showing 26 to 49 of 50 messages
|Read Liberum’s detailed note on The AA (AA/), out this morning, by visiting www.research-tree.com …
"FY 16 results in line with pre close guidance and maiden FY dividend of 9p as expected. FY 2016 net debt up slightly on the interim level as expected, but lower than expected capex. No change to recently updated earnings estimates, but continued uncertainty over BEPS. IT integration is on track and cost savings are coming through, with £40m expected 2019. Net debt nudged up for 2017 due to higher in year capex and we reduce our DPS estimates. Brand investment restrains margin at Roadside but EBITDA stable. Slowing rate of decline in Personal Members and positive KPIs. At Insurance Services, volumes weak, but margins..."|
|Heading to 340p|
|Aa: Berenberg Bank starts a new coverage with a buy, sets target price at 350.00p.|
|Peeps chasing AA. today.
Lovely move up during the day, tremendous value.|
|net working capital
ie, current assets minus ALL liabilities = MINUS 3.5 BILLION POUNDS !!!|
|yes very appealing, if you close your eyes and pretend the HUGE liabilities do not exist
unfortunately they do
and woodford is a plonka if he is buying more of this ' HUGE DEBT with a small company on the side '|
|AA. AA PLC
One stock which has failed to beat the FTSE 100 is roadside recovery and insurance business the AA (LSE: AA). Its shares are down by 14% in the last year while the FTSE 100 is flat. However, although the AA is due to post a fall in its earnings this year, there is a potential catalyst next year when the company’s bottom line is forecast to rise by 16%. This puts it on a price to earnings growth (PEG) ratio of just 0.7, which indicates that now could be a great opportunity to buy for the medium to long term.
Furthermore, the AA currently yields 3.7% and, with dividends being covered 2.4 times by profit, there is significant scope for shareholder payouts to rise at a rapid rate in future years. For example, were the company to pay out 67% of profit as a dividend (as opposed to the current payout ratio of 42%) it would mean a yield of 5.9% and potentially improved investor sentiment.
|AA broker views
Date Broker Recommendation Price Old target price New target price Notes
25 Sep Liberum Capital Buy 278.60 450.00 400.00 Reiterates|
|I think its called making a mug out of PI's!|
|I think its called Voodoo Finance|
|I think I was wrong with the interest calculation above
This company paid £211 million pounds in interest last year !!|
net debt 2966m
pension deficit 434m
Total of the above = 5764m
profit forecast for next year 177m say 140m after tax
5764 / 140 gives a true pe ratio of 41x !!!
Also they are paying an average 5.9% interest on that net debt of 3 BILLION POUNDS = 175m pounds per annum !
If you hold shares in the AA, you have shares in a huge debt mountain with a small company perched on the side|
This company is in no position to pay dividends
|Approx £3bn net debt and 38 x PBT to MCAP? Token dividend from next year and no stellar growth to be seen. This is screaming to be shorted. Just a matter of timing. Unless I'm missing something here?|
|As from tomorrow you would probably be better using 606m as the effective number of shares in issue. Even though the new shares don't get admitted until 21 April I think they should be pretty well costed in the price.|
|Results, strategy & proposed refinancing - HTTP://www.investegate.co.uk/aa-plc--aa--/rns/results--strategy---proposed-refinancing/201503250700323959I/
"In view of our strong cash generation and following the refinancing, the Board intends to recommend dividends of no less than £50m in respect of FY16 and to adopt a progressive dividend policy going forward."
Based on current 554m shares in issue, I calculate minimum payout of c9p per share for FY16.|
|AA. are ex open offer tomorrow, not today. That's unusual.|
|Strong this morning.. capable of making new highs? A minor change kicks in on 28 Jan in respect of its list status.|
|The AA (AA.) has debts that are 1.5x market cap, and a whopping peg factor of 3.55
Their own profit forecast is down (again) on last year, on static turnover.
By the end of November the share price had climbed 50% since its post-ipo dip but has struggled to get any higher. Not a definite short, but on my watchlist as a possible one.|
|03 Nov 2014 Aa Plc Ord 0.1p (wi) AA. Liberum Capital Buy 332.75 - Target 417.00 Initiates/Starts|
|pcourt, I didn't appreciate the debt situation. Very helpful info.. thanks|
|I see a write up on AA at www.wheeliedealer.weebly.com seems quite good but website looks quite new....|
|the director road operations resigned last week,why no rns|
|So I have cashed out for a very nice quick return. Not my usual mode of investing but I do think that these markets are high on valuation terms both UK and even more in the USA.
May be back...........|