Advent Air Share Discussion Threads

[qs9] 22/9/2006 19:48

What did the IC say please?

AAIR IMO looks a steal at these levels....broker note reckons short-term 25p target and has a fair value of 45p+ on the shares (DYOR). Now the purchase of the airline in Oz has completed, AAIR has net cash and a highly profitable monopoly in OZ with potential to grow into surrounding areas.

this has 2-3X potential in next 12 months me thinks and I have bought in between 10+14p.
Cheers

[netsurfer] 22/9/2006 19:22

good comment in Investors Chronicle. reason for rise in falling market??

[qs9] 19/9/2006 07:35

Another solid set of passenger numbers......all set to look very good therefore IMO in the next set of results.....DYOR etc

[nurdin] 31/8/2006 16:27

yup 182m plus warrants issued to WH Ireland..about 2m.

2006 results are a history now and their acquisition of the minority interest will have little impact on those results.What I am looking for are pretax estimates for 07 Anyone know?

[bigdunc] 31/8/2006 16:13

If my maths are wrong apologies 182.250m to be exact...

[knowing] 31/8/2006 16:05

Listed here too

[nurdin] 31/8/2006 15:50

But have you considered the fact that there are now 190m shares in issue?

PS I agree with all the rest but PE is not as low as you think.

[bigdunc] 31/8/2006 15:45

Well they now own 100% of Skywest as opposed to c60% therefore receive all the cash flow and profits and are able to access previous years tax losses to offset against future profits...

They forecast turnover of 39.1 million pounds for the year to 30th June 2006, profits of 1.6 million pounds and earnings per share of 2.3p. This puts the stock on a ridiculously low PE of 5.5 (sorry). The business generates strong cash flow and has most of the upside guaranteed through long term contracts. The cash on the balance sheet should enable the group to roll our a strategy of extending its routes and the number of flights.

[nurdin] 31/8/2006 15:37

Forward pe of 4?How do you arrive at that?

[bigdunc] 31/8/2006 12:30

Great deal no different to what FTSE board members do on a regular basis, he still owns c15% though...and hasnt knocked my confidence i bought this on facts and figures nothing else, and we are still on a forward PE of approx 4

[frank spencer] 31/8/2006 12:14

It does portray the impression that he is a bit spivvy.

[nurdin] 31/8/2006 12:09

The chairman made nearly £270k in mater of days.Nice job if you can have it.Must have knocked the confidence of a few investors!

[knowing] 30/8/2006 15:51

Director's Dealing

RNS Number:2552I
Advent Air Limited
30 August 2006







For immediate release 30 August 2006


Advent Air Limited


("Advent Air" or the "Company")


Substantial Shareholding


The Company has been advised today that Excel Airways Group PLC of the UK has
acquired 9,801,012 shares in the Company representing 5.26 per cent. of the
Company's issued share capital.


In addition, the Company has been informed that Jeff Chatfield has today sold
9,000,000 shares at a price of 14.5p per share. Accordingly, Jeff Chatfield
currently owns 26,700,000 shares representing 14.34 per cent. of the Company's
issued share capital.



ENDS


For more information please contact:



Jeff Chatfield, Chairman, Advent Air Ltd [phone]
Roland Cornish, Beaumont Cornish Limited 0207 628 3396
Philip Haydn-Slater, W H Ireland 0207 220 1690
Leesa Peters / Abigail Singleton, Conduit PR

[knowing] 29/8/2006 23:01

Can't see why they dropped the bid today unless we see a trade tomorrow to compensate for it.

[qs9] 29/8/2006 15:56

Personally reckon the brokers are now pushing this one...looks very strong IMO. Be fascinating to get to grips with exactly what the forecasts are?!!

Very positive IMO..

cheers

[knowing] 29/8/2006 15:10

Seems some are pleased with the news.

[knowing] 29/8/2006 14:38

Advent Air Limited

("Advent Air" or the "Company")

Compulsory Acquisition of Skywest Ltd


Compulsory acquisition shares in Skywest Limited ACN 098 904 262 ("Skywest") by
the Company

A wholly-owned subsidiary of Advent Air made an off-market takeover offer for
all of the issued ordinary shares in Skywest Ltd. The bid closed on the 22
August 2006. When the offer closed the Company held a relevant interest in
101,659,359 (or 97.2%) of the 104,555,564 Skywest shares then on issue.

Having satisfied the requirements of section 661A(1) of the Corporations Act
2001 (Commonwealth), the Company has now decided to exercise its right to
acquire all remaining ordinary Skywest shares issued so as to reach 100%
ownership. All remaining Skywest shareholders have been notified and the
requisite notices dispatched to those shareholders.

[qs9] 29/8/2006 12:07

Shame this has not ticked up more on the back of a massive vote of confidence by a director (£1m + purchase of shares), but hopefully newsflow over coming months will raise the profile and see the shares advance to a more reflective level of value!

cheers

I am biased as I own....DYOR etc

[qs9] 26/8/2006 20:15

Am now in and new to AAIR, but believe this could double for valid reasons:

1 OZ company has significant net cash on its balance sheet and as it is profitable, this should rise. The market cap of £22m therefore is not the correct figure as one needs to deduct the cash...

2 the purchase of £1m+ of shares by a director HAS to be extremely bullish IMO. That is some serious investment and has been made at 11p+.

3 the Oz airline has a monopoly (DYOR) on its routes for quite a while yet under its licences, this is a tremendous way of printing money IMO.

All bodes really well, and I hear (DYOR) that this is now being pushed to institutions.....so hopefully Friday's rise is just the beginning. Next set of figures will enable use all to work out ALL the figures, but take a look at the previous announcements....they are all pretty bullish....

cheers

[bigdunc] 25/8/2006 15:20

On what grounds new boy?

[hardasrock2] 25/8/2006 15:06

could fall very fast!!!!!.

hard

[knowing] 25/8/2006 14:47

We shall see. The Director buy is a massive vote of confidence IMO

[bigdunc] 25/8/2006 11:47

Hopefully...

[knowing] 25/8/2006 11:43

Just minor resistance at 14p