Advent Air Share Discussion Threads

[safeera] 26/5/2007 11:11

Hi Scotty1 Can you help me with this please.I bought 40,000 shares in AAIR in September 2006.I believe shareholders were allocated 1 AVAP share for every 10 AAIR shares.I bought mine through Interactive Investor Account and are held in their nominee account.Was I entitled to these shares?If so how can I find out that I own these shares?Also were they allocated in a certificated form.I would appreciate your comments on this.

[scotty1] 18/5/2007 11:44

Sorry for off topic but is anybody watching Jeff Chatfield other venture
AVAP with news of another aircraft purchase today (which would link up
to AAIRs update re-leasing of more aircraft)
I own shares in both.

[knowing] 17/5/2007 18:29

Nice to see people waking up to the potential here.

[napoleon 14th] 17/5/2007 18:25

Joined you peeps!
Hoodless sold me some 2 months ago.
Added today to triple holding size.
Good value, potential & not much competition in their niche market.

[standish11] 17/5/2007 08:53

Buy at up to 14p per Tom W.Also says he may increase his forecast.

[wiganer] 17/5/2007 08:23

I've joined the party. Great value still.

[knowing] 17/5/2007 08:15

Advent Air's Skywest eyeing new services, 9-mth profit up 475 pct


LONDON (Thomson Financial) - Australian airline group Advent Air Ltd said
its Skywest subsidiary is considering launching services to four destinations as
it announced a 475 pct rise in nine-monthly profits at Skywest and said current
trading is in line with hopes.
Skywest is looking at introducing services to Karratha and Port Hedland from
Perth and between Kalgoorlie-Melbourne and Broome-Singapore, AIM-listed Advent
said in a trading update. Port Hedland is earmarked to start in July.
It also plans to add capacity on existing services to six destinations
including Geraldton, Exmouth, Newman, Kalgoorlie, Albany and Darwin.
Advent said unaudited net profits at Skywest in the nine months to March had
increased 475 pct against the same period last year on a 33 pct increase in
total revenues.
Scheduled charter revenue increased 62 pct, the average fare lifted by 15
pct and passenger numbers were 8.7 pct up. Website sales of airline tickets have
increased by 46 pct on the prior year as at May 2007 and online website sales of
tickets now comprise 32 pct of all ticket sales.
Advent said Skywest, which runs charter services for mining companies as
well as scheduled flights, hopes to benefit from planned or existing major
resource projects in western Australia worth more than 80 bln aud.
However, citing potential challenges and risks, the group said congestion at
Perth domestic airport has reduced Skywest's punctuality and the availability of
extra aircraft and trained crews may limit its growth.
It said it is looking to buy one or two extra F-50 turbo-prop aircraft and
plans to lease a further three 100-seat jets by March 2008, subject to
availability.
Advent said it will probably propose a final dividend for this year, which
is likely to be proportionally higher than the previous year's dividends due to
increased half-year profits.
"Current trading continues within expectations," it said.

[james264] 10/5/2007 13:39

I got myn the other day, although i thought i was going to get cash back rather than more shares?

[futre] 10/5/2007 08:42

Did I miss out on the dividend ?

I though the xd date was 11th April, and the payment date was the 30th April ?

I bought in on 20th March, but so far, no divi !!

[brando69] 03/5/2007 14:35

thanks for that hammy

succinct and to the POINT

[brando69] 02/5/2007 22:08

i think just under 10% of shares traded hands...

[knowing] 02/5/2007 21:58

No I am afraid not but happy the price went higher.

[brando69] 02/5/2007 21:57

an rns tmrow, surely...

[brando69] 02/5/2007 21:57

any ideas knowing?

[knowing] 02/5/2007 21:56

Very interesting.

[brando69] 02/5/2007 10:15

something strange going on today...

[bigdunc] 01/5/2007 12:53

Well Avation now trading 19-20.5p, how i wish i had topped up my free shares

[ronwilkes123] 24/4/2007 19:54

This is a really interesting topic!

[spangle93] 24/4/2007 19:51

GE&CR write up, released as a freebie today

Advent Air, through its wholly owned subsidiary Skywest Airlines, has achieved impressive growth in revenues as a result of pre-sales to mining companies and its exclusive right to operate in a number of monopoly routes in Western Australia. The growth story remains strong as the company's recent number of long term charter contracts demonstrate.

The company's most recent contracts wins include a two year contract with BHP Billiton to operate a weekly scheduled air charter flight to Western Australia, worth A$2 million, extending up to 29th January 2009. This contract has a further 2 year extension option and provides Skywest protection over rise and fall in fuel prices. The company is contracted to provide a weekly air transport for employees of the BHP iron mine at Newman, to and from Perth in Western Australia. The second contract with Portman Iron Ore ltd (PIO) provides 5 trips a week and is worth A$2 million per year over an initial 15 month term up to three years.

Over the last two months, Advent also signed an extension to an existing charter agreement with Argyle Diamonds Ltd (Argyle), subsidiary of Rio Tinto Plc, and added further flights contributing an additional AUD$5 million in annual revenues to Skywest. The Argyle contract has been extended until October 2008 and Skywest will provide Argyle with another four commuter flights a week. On 17th April, Advent signed a second contract with Rio Tinto agreeing to provide its services to its subsidiary Pilbara Iron over a two year period, up to 29th March 2009.

The charter contracts provide Skywest guaranteed revenue over a number of years, enabling the company to continue expanding its operations and pursuing growth opportunities, through the acquisition of aircrafts and pursuing flight opportunities.

In March, Advent published its results for the six months to 31st December 2006. The group recorded a 245% jump in pre-tax profits to S$ 4.42 million and a fifteen fold increase in earning per share to 1.79 Singapore cents. The group increased its interim dividend to 0.3 cents per share.

Operating statistics for March 2006 saw a sharp improvement on the previous year. Revenue Passenger kilometres increased by 10.49% while capacity increased by 10.93% - the number of aircraft in the fleet rose by 1 to 8. The group had period end cash of 2.68 million pounds – less than 12 months previously due to the acquisition of its 6th Fokker 50 Aircraft. In the second half, the net cash position will rebuild on the back of strong operating cashflows.

Advent has a history of strong earnings growth and a sound balance sheet. We do not see the business model changing dramatically in the near future. Our 21p target price ( a June 2007 price earnings ratio of 12) remains a conservative initial objective. Our stance remains buy.

[spangle93] 17/4/2007 07:43

New contract announced today. Maybe a 1/4p rise will result?

Skywest Airlines Pty Ltd ("Skywest"), is pleased to announce that Skywest has
agreed with Rio Tinto through its subsidiary Pilbara Iron to operate a scheduled
air charter service for the Brockman and Marandoo mines in the Pilbara region of
Western Australia....

[m4lcolm] 29/3/2007 19:59

Don't you mean AVATION??
AAIR are going ex divi on 11/04/07 this will be my second dividend, isn't it nice to get a dividend from an aim share.
Date: Friday 16 Mar 2007

LONDON (ShareCast) - Shares in airline operator Advent Air rose after the group revealed a massive 245% surge in first-half pre-tax profit as passenger numbers grew.

The Singapore based airline operator, listed on London's AIM, said pre-tax profit rose to S$4.4m in the six months to 31 December while sales rose 18% to S$58.7m.

The results are reported in Singapore Dollars or S$.

The group added it is well positioned for future growth with a string of long-term charter contracts.

"The directors are confident that the company will continue to show good progress for the year as a whole," Advent said in a company statement.

I thought the share price would have gone up a bit more after these outstanding results.

[bigdunc] 28/3/2007 16:24

If you have a Crest account they would have appeared automatically in it, check the RNS for the date of the corporate action and the cut off..