Advent Air Share Discussion Threads

[spangle93] 21/11/2007 17:11

Nice work wozelbeak

Knowing - may be an idea to update the AAIR thread header with this new one, if you've a moment

[wozelbeak] 21/11/2007 17:02

spangles, its done.

[wozelbeak] 21/11/2007 16:58

SPANGLES, get to work on a new thread my old pal.
it might bring some good fortune golds way as well as my way.

[liarspoker] 21/11/2007 16:55

I will leave it up to Spangles wozelbeak - I have created too many threads already ( most of them about uninteresting subjects ). :O)

[wozelbeak] 21/11/2007 16:51

Liar, kick off a new thread.
you have the power lol.
my portfolio was looking good until i changed the ticker!
now i feel like self harming.

[liarspoker] 21/11/2007 16:47

Indeed wozelbeak - this thread will continue to have a flat line because there is no activity.

It will only be when a new thread is created with the correct ticker that we will see what is really happening.

[wozelbeak] 21/11/2007 16:38

but true. its the same on thisismoneys site.
its because of the name change, not been done on here yet.

[spangle93] 21/11/2007 16:33

I'd rather find out what was actually happening with this stock today!

It's showing a flat 17p and no news on ADVFN
On III it's down a 14.5-15.5p spread, and there's a news item too

Can you shed any light, Liarspoker?

SKYWEST AIRLINES LTD
(formerly known as Advent Air Ltd)
Directors Dealing

The Board of Skywest Airlines Ltd ("Skywest" or "the Company") announces it has been informed today that a director of the Company, John Jost, has sold 300,000 shares in the Company through the market on the 20th of November 2007.

Following the transaction, John Jost's total interest in the Company consists of 3,202,662 ordinary shares representing 1.62% of the total issued share capital held as follows:

No. of ordinary shares
In own name 27,250
In the name of Mibago (S) Pte Ltd 3,173,743
In the name of Bass Media Pty Ltd 1,669
Total : 3,202,662


John Jost is a non-executive director of Skywest Airlines Ltd.

--ENDS--

[liarspoker] 21/11/2007 16:29

Go on Spangle93 - you know you want too. ;o)

[knowing] 21/11/2007 16:23

Any takers for a new thread?

[spangle93] 20/11/2007 16:13

Note the RNS today:

That's some jump in dividend.
0.53c Final Dividend in 2006.
1.8c Final Dividend in 2007

Now that the name is changed from Advent Air (AAIR) to Skywest Airways (SKYW), should we start a new thread?

[liarspoker] 19/11/2007 11:39

RNS Number:9821H
Advent Air Limited
19 November 2007


RNS REACH

For immediate release November 19, 2007

ADVENT AIR LIMITED (AAIR.LN)
("Advent Air" or the "Company")

MELBOURNE ADDED TO AIR OPERATORS CERTIFICATE

The Board of Advent Air announces in connection with the business of its wholly
owned subsidiary Skywest Airlines Pty Ltd ("Skywest") that the Australian
Government Civil Aviation Safety Authority ("CASA") has approved the addition
of Melbourne / Melbourne International Airport to Skywest's Air Operators
Certificate number ML 075986-22.


Skywest's first flights to Melbourne Tullamarine Airport from Kalgoorlie
commence on the 21st of November 2007. The initial schedule comprises 3 services
per week.


--ENDS--

[berny3] 14/11/2007 22:29

just run through some calcs. That is the final dividend payment of 0.602p a share. So that is 3.85% on just the final!!

Profit attributable to shareholders £2,664,176, dividend pay out 1,191,960. Leaving £1,472,216 retained

[liarspoker] 14/11/2007 19:42

Great !!

I get a 3.893% yield on my purchase price plus purchase and selling costs so my overall net gain after taxes will be 3.115% on the final divi alone. :O)

[berny3] 14/11/2007 19:04

Fabo, yes I get 3.8% div yeild. Very happy, suprised thou so low volume traded. Still very interested to see the EVA figure. 2006 was 1.97mln.

[qs9] 14/11/2007 16:36

chart breakout looks pretty strong on the back of these results so someone likes them! Have been holding for ages and happy to see things being delivered. Don't forget they have about £5m of net cash on the balance sheet as well so enterprise value of around £30m....which will hopefully fall as they generate more and more cash and as they have stated hopefully buyback more shares.

Looking forward to some good press and move into 20ps etc.

Vis-a-vis fuel costs, hedging and passing on as much (similar to what happens over here if you travel) as they can should at least mitigate much of the effect IMO.

[liarspoker] 14/11/2007 16:29

If it breaks 18p it'll fly imo.

Am I working it out correctly that we'll get a divi yield of about 4% ?

[liarspoker] 14/11/2007 16:15

I have a few forecasts for this current year from 2.4p to 2.8p.

Personally I think that they could well do 100% EPS growth - ie 2.4p vs 1.2p.

Fuel price increases are being offset although they will never be 100% offset ( unless there's a strong treasury unit working hard behind the scenes ).

I think the 140%+ increase in EPS is a bit far fetched but I can see them doing 100% especially as the current planes fill up more.

[stluke] 14/11/2007 16:15

Instead of making quick comments i will sit down tonight and read the results in detail but on the face of it they look pretty impressive.

[nickcduk] 14/11/2007 16:11

TW forecast 1.6p of earnings for this year versus the 1.2p they have just reported. For next year he had pencilled in 2.1p. If you adjust that for tax then that comes down to about 1.6p. The numbers change dramatically once tax is factored in. Oil at $100 a barrel isn't reflected in these numbers either.

[knowing] 14/11/2007 16:09

WOW I am happy.

[liarspoker] 14/11/2007 16:04

Taking the current tax rate forward I am still sure that we will see 27p on a multiple of 12. If we are rated, like the tipsters say, at a multiple of 15 then we could expect an share price of around 35p in a years time. :O)