Advent Air Share Discussion Threads

[liarspoker] 05/11/2007 09:01

Thanks for the welcome Spangle93.

I should have bought a few when I first looked at them in January.

Hindsight eh. :O)

[spangle93] 02/11/2007 10:33

Final results were on 8th November last year.

Can't find a projected date for this year's results, nor can I find any broker note (other than the one just posted above) for an expectation of EPS for Y/E June07. But we should have some news soon.

Nice to see you here Liars - good luck everyone

[liarspoker] 02/11/2007 10:15

I got an EPS of 2.1p for the current year in my fairly rough calculations.

Even on a multiple of 12, as opposed to 15 as stated in the 'tip', we should still see the share price around the 25p mark imo.

Given the low PEG, the cash position, the monopoly on certain routes etc I decided to pick up an initial stake of 25K shares.

I'll be happy to hold for a year and see what happens.

[spangle93] 02/11/2007 07:54

Just got this free "tip" in the email from GE&CR. If the current PER is really 5.1, surely it's due for re-rating?

Advent Air, the AIM listed diversified airline and investment group, reported on 9th October on another strong month in terms of airline passenger operating statistics. In September passenger numbers were up by over 13% on the previous year, with Skywest traffic, measured by Revenue Passenger Kilometres, up by 12.1% and capacity, measured by Available Seat Kilometres, up by 12.13%. This took the respective increases for the year to date to 12.89%, 10.3% and 12.5% and with the number of aircraft in the fleet having been steadily increased to, as reported in last months update, now total 12 our expectation of earnings per share of 1.5p for the year to June 30th 2007 rising to 2.84p this year should certainly be deliverable.

The shares – at 14.5p – now trade on a current year price earnings multiple of 5.11 which we believe significantly fails to discount the clear growth prospects of a company which is also cash generative and has net cash. We continue to consider a current year multiple of 15 as a fairer reflection of the growth being delivered by this business and hence maintain our 42.6p price target and reiterate our buy stance

[wozelbeak] 02/11/2007 06:46

will AAIR ever make a break north?
no matter what they do, it seems to be anchored in the mid teens!



1 NOVEMBER 2007



ADVENT AIR LTD
(AIM AAIR)


SKYWEST JOINS WITH VIRGIN BLUE TO
REWARD PASSENGERS WITH VELOCITY POINTS



The following was released today by Advent Air Ltd's wholly owned subsidiary,
Skywest Airlines and also by VirginBlue Airlines.



"Skywest rewards passengers with Velocity



Skywest Airlines announced today that it is joining Velocity, the award winning
loyalty program partnered by Virgin Blue.



From 1 November 2007, Velocity Members can earn Velocity Points on Skywest's
domestic network.



Skywest's Chief Executive Officer, Paul Daff said the Velocity program provided
significant benefits for passengers.



"By joining the Velocity program, passengers have the opportunity to earn
Velocity Points for every mile flown on qualifying Skywest flights. Now, our
passengers can earn Velocity Points, which can be redeemed for heaps of
fantastic rewards, from flights, to accommodation, car hire, movies and
shopping," Mr Daff said.



Mr Daff went on to say that passengers travelling to and from Skywest's fifteen
destinations would greatly benefit from the outstanding benefits offered by
Velocity. And that Velocity was an exciting addition to the Skywest product.



"Skywest offers a premium economy product with full in-flight service and the
most spacious economy class legroom in Australia. Now the Velocity loyalty
program gives our passengers the added benefit of earning rewards just by flying
with us. I believe this to be the best news for Western Australian travellers,
and will further encourage local tourism," he said.



Virgin Blue Chief Executive, Brett Godfrey, said, "Like Virgin Blue, Skywest is
a high-quality, service-oriented airline and we are particularly pleased to
welcome Skywest into our Velocity program as our latest partner.



"We are also very pleased to be able to offer Velocity Members even more
opportunities to earn Points."



Velocity Points can be earned on all Skywest flights, excluding flights to and
from Bali and charter flights.



As a launch offer, Skywest is offering double Velocity Points for flights taken
between 1 December 2007 and 31 January 2008. More information on this offer and
the program can be found by visiting the Skywest website at www.skywest.com.au.
To join Velocity visit www.velocityrewards.com.au.

[carterdl] 18/10/2007 08:19

Spangle93 - they were talking about Avation, but for Advent shareholders the really interesting part of Avation's results statement was this:
"The outlook for the Company is expected to include the acquisition and
leasing of more aircraft. In particular, leasing opportunities during the
anticipated expansionary phase of Skywest Airlines Pty Ltd will be pursued
as well as opportunities with airlines in other territories. Skywest, an
existing lessee, has immediate growth plans as a result of mining activities
and resource exploration in Western Australia and the Northern Territory of
Australia."

[argy2] 17/10/2007 09:58

Looks like he might have bought a few before commenting.

[standish11] 10/10/2007 08:49

Small tick up today and now at resistance point.If it can break through current level the chart suggests a clear run up to 18p.

[qs9] 10/10/2007 07:23

Sorry got carried away, yes sorry operating stats, but nonetheless they are pretty good are they not?

Have also tucked some Avation away....

[knowsleyman] 10/10/2007 00:58

Not results but operating statistics, but agree that they are first class. Every month we are treated to an improving position, yet the share price does not move. I have been a holder for some period of time and expected this to have moved up considerably on figures like these. The directors must be wondering just what they have to do to get it it fly.

[qs9] 09/10/2007 20:25

great set of results yet no move!

[knowing] 09/10/2007 19:33

Advent Air Sept. Operating Statistics




RNS Number:3579F
Advent Air Limited
09 October 2007




For immediate release 9 OCTOBER 2007



ADVENT AIR LIMITED
("Advent Air" or the "Company")

SEPTEMBER 2007 AIRLINE PASSENGER OPERATING STATISTICS


Passenger numbers for the month increased by 13.03% over the previous year.
Skywest traffic, measured by Revenue Passenger Kilometres (RPKs) increased by
12.10%, while capacity, measured by Available Seat Kilometres (ASKs) increased
by 12.13% over the same period. Load Factor decreased by 0.02 pts to 58.03%
compared to the previous year.



Month of September
September-07 September-06 Change
Passengers Carried ('000s) 32 28 13.03%

Revenue Passenger 25,226 22,504 12.10%
Kilometres ('000s)

Available Seat 43,474 38,771 12.13%
Kilometres ('000s)

Load Factor % 58.03% 58.04% -0.02 pts

Average Aircraft in Fleet 10 8


Financial Year to Date
2007/08 2006/07 Change
Passengers Carried ('000s) 100 88 12.89%

Revenue Passenger 81,411 73,810 10.30%
Kilometres ('000s)

Available Seat 133,733 118,871 12.50%
Kilometres ('000s)

Load Factor % 60.88% 62.09% -1.22 pts

Average Aircraft in Fleet 10 8



Notes:

1. Monthly operating statistics are issued on a preliminary basis and are
subject to change.

Any adjustments made will flow through to the year to date results

2. Passengers Carried refers to Regular Passenger Transport (RPT) passengers and
therefore excludes charter passengers

3. RPKs refers to the number of paying passengers carried multiplied by the
number of kilometres flown

4. ASKs refers to the number of seats available for sale to passengers
multiplied by the number of kilometres flown

5. Load factor is RPKs divided by ASKs

[knowing] 04/10/2007 23:41

Going to break out soon.

[knowing] 28/9/2007 12:19

LONDON (Thomson Financial) - Investment holding company Advent Air Ltd said
its unit Skywest Airlines has signed an agreement to lease a further Fokker 100
jet, bringing its total fleet of aircraft to eleven.
Advent Air said the 60-month lease agreement is with a unit of Aviation PLC
at a lease rate of about 1.18 mln usd per year plus maintenance reserves.
The aircraft is required to ensure service deliveries to Skywest's resource
sector clients and will also be used on the new
commercial routes offered by the airline, Advent Air said.
With this expansion, Skywest remains well positioned to exploit the
continued growth dynamic in the Western Australia market, which is underpinned
by growing passenger numbers and the opening up of new routes, Advent Air
Chairman, Jeff Chatfield said.

[qs9] 22/9/2007 20:29

when are next results??

[carterdl] 27/8/2007 07:47

Thanks for posting the FT snippet, Knowing. Hopefully Advent will now be on a few more investors radar.
QS9, yes, next results could be the catalyst for a breakout. Meanwhile, it's a very good sign how well Advent has performed in current market conditions. Many small company shares have taken a hammering, but it seems Advent's shares are mainly in the hands of investors who know the value of the company, rather than short-term traders.

[knowing] 26/8/2007 23:56

FINANCIAL TIMES
The Lex Column:
*Solid gold - If there was ever a time for gold to demonstrate its safe-haven status, it was Monday.
*Bank of China's hit - Big number, big panic. Bank of China spooked investors this week when it confessed to holding almost $10-billion of securities backed by US subprime mortgages. BoC's $10-billion exposure is the biggest announced by any bank to date and no small change for China's number two lender.
*M&A in IT services - Only half a century after the end of colonial rule, Indian companies are now coming to Europe to build empires of their own.

The Lombard Column:
*Big banks owe it to investors to show their strength.
*A vote for property values – F&C Commercial Property Fund calls a meeting of shareholders to consider the future of the £972-million company.
*Public to private – Lord Browne's venture into private equity with Riverstone Holdings.

The Weekend Share Watch Column:
*Spectris (SXS) – Emerging markets underpin growth. If the company can continue to deliver improved profitability, then it still looks good value at 842p.
*Advent Air (AAIR) - Golden opportunity for Asian airline. Advent Air trades on an undemanding forward P/E multiple of 8.8 times, making it worth the ride.

[qs9] 26/8/2007 09:24

Yes waiting for break-out, next results IMO should be the kicker as the other news flows don't seem to have the desired effect. Also need some better IR / PR to get this little potential multi-bagger noticed by a few more than this board!

[carterdl] 22/8/2007 11:09

Yes Standish, a lot of investors follow TW, me included ... but his EPS upgrade won't do much for momentum imo. The constant trickle of good news will though, as it highlights and reflects the fundamentals. I think Tom is very conservative with his target price and it will be interesting to see if he sticks with AAIR after it's achieved (which should be within months).

[carterdl] 22/8/2007 08:53

I'm not surprised you took the chance to top up (as did I). But I am surprised this share's thread is so quiet. Maybe it's just an indication Advent Air is undiscovered by most investors.
You're right there is a commodity related angle to it, but from what I can tell it ticks all the boxes as a great investment in the making: has net cash making up 14% of it's market cap, has a clear growth strategy and means to achieve it, limited regional competition, is very lowly rated (less than 8 times this year's earnings), pays a dividend, frequent share buybacks, regular 'good news' updates, a great graph, good and enterprising management, it's also a possible takeover target. How many shares can boast all that?
I think there's a great chance the share price will be over 40p within a couple of years, possibly sooner. Indeed, GE&CR already have a price target of 43p.

[netsurfer] 21/8/2007 08:52

has topped up with recent price weakness. I am happy to hold as an indirect metals/commodity play.

[knowing] 19/8/2007 22:10

Advent Air Share Buyback/ Rule 26


RNS Number:2718C
Advent Air Limited
17 August 2007







For immediate release 17 AUGUST 2007


ADVENT AIR LIMITED
("Advent Air" or the "Company")


SHARE BUYBACK, EXERCISE OF OPTIONS AND AIM RULE 26



SHARE BUYBACK

The Board of Advent Air announces that on the 15 August 2007, and on 16 August
2007, pursuant to the authority granted to the Company by shareholders at the
Annual General Meeting of the Company held in December 2006, the Company
purchased for cancellation 1,000,000 ordinary shares at a price of 14.75p per
ordinary share, and 40,000 ordinary shares at a price of 13.875p respectively
through the market. The repurchased ordinary shares will be cancelled and
removed from trading on AIM.



EXERCISE OF OPTIONS

The Company also announces today that options owned by Mrs Siobhan Cool, Company
Secretary, have been exercised on 40,000 new ordinary shares. Application has
been made for these shares to be admitted to trading on the AIM Market of the
London Stock Exchange on 22 August 2007.



Accordingly, as a result of the share buybacks and the exercise of options, the
issued share capital of the Company and the number admitted to trading to AIM
will amount to 196,000,000 ordinary shares.



TOTAL VOTING RIGHTS

In conformity with the Transparency Directive's transitional provision 6 the
Board of Advent Air Ltd (the "Company") is required to notify the market of the
following:



As at the date of this announcement, the Company's issued share capital consists
of 196,000,000 ordinary shares, with voting rights ("Ordinary Shares"). The
Company does not hold any Ordinary Shares in Treasury.



Therefore the total number of Ordinary Shares is 196,000,000.



AIM RULE 26

The Company announces that information required by AIM Rule 26 (company
information disclosure) is available on the Company's website:

www.advent.com.sg