AIR Partner Share Discussion Threads

[britishb] 16/7/2013 08:44

One wonders if they'll get back to previous levels of profitability with things improving. With perhaps £16m net cash at next year end vs market cap around £37 that's an EV of only £21m for let's guess at £4m pre tax this year. So a cash adjusted PE this year of about 7 on taxed (at 25%) earnings, with the hope of getting back to previous profits of (peaked at over £9m!). Meantime a divi yield of over 5% at 365p. Might be a bit of a screamer if trading continues to improve...If!!!

[pjhutchy] 16/7/2013 08:14

Should see 400 in no time at this rate.

[xlairways] 16/7/2013 08:11

Good early volume, should be pushing £4 hopfuly soon. Just need it to get some press this weekend.

[pjhutchy] 16/7/2013 08:02

Looking good

[topvest] 16/7/2013 07:56

Yes, great news.

[brucie5] 28/5/2013 09:31

RNS today, looking good at last for the long awaited push towards £4?

[brucie5] 24/5/2013 15:20

Looking like it\'s going to make the effort at least..

[brucie5] 20/5/2013 11:16

Timing never my strong point. A line of resistance at 3.60, but let's see.

[davidosh] 20/5/2013 08:57

Looks very positive for AIP if all the potential customers get to see this ....

[brucie5] 10/5/2013 13:28

Time for a move up? 4.00 would be my next target.

[dgwinterbottom] 09/5/2013 13:50

Statement from Warren Buffet says US economy improving as seen by uptake in business for his Netjets operation

[pvb] 25/3/2013 19:48

Maybe they are getting contracts to fly all those Russian cash piles out of Cyprus? ;-)

[bingowing] 25/3/2013 19:36

don't know, but i missed it.

Grrr.

[pvb] 25/3/2013 19:30

8% jump today? What happened?

[bingowing] 19/3/2013 22:06

Looks interesting.

[lbo] 15/3/2013 10:57

Two points to note. GBP8.6m of the Cash does not belong to Air Partner it belongs to its Jetcard customers. And also Trade and other receivables has jumped from £26.8m to £33.8m.

[manrobert] 15/3/2013 10:36

just a small mention in the mail and a plus comment in IC.on line

[parvez] 15/3/2013 07:58

anyone seen any press coverage today on this one?

[ayl30] 14/3/2013 09:31

Topvest - key is your phrase - whenever that may be. Not for a while I think. I have been in this and came out at a nice profit pre Xmas, its a well run company but the market is flat so progress will be difficult. Lots of other places for my money, like DXNS

[topvest] 14/3/2013 09:19

Very encouraging interim results I think. Seem to have got the cost base under control for more difficult business conditions. Financial position strong so well poised for better market conditions, whenever that will be.

[parvez] 14/3/2013 08:08

no bebt and half the current capitalisation is cash and with dividend going up too, this has to ba great lock away.....IMHO...do your own research

[speedsgh] 12/3/2013 14:15

Interims are out on Thurs (14/3).

[lbo] 26/2/2013 13:02

Ho much of the net cash is pre-paid deferred income? We know they say its "significant" but I wonder how much exactly?

From the recent pre close statement "the Group's first $1m card recently sold to a corporate client". So thats $1m cash but its not Air Partners cash! It is repayable on demand if the Corporate client does not spend it with Air Partner. So sounds like most of the Cash on the balance sheet is just deferred income and lets say allowing for a generous 10% net margin on it means Air Partner has only really 10% of the £10m net cash it reported in December considering also it has been paying out most of its earnings in dividends?

[goliard] 31/1/2013 16:20

I was hoping for a better trading update, or at least something a little bit more positive in tone. I think there may be a few people holding here after recent tips in the papers and the price moves quite a lot on low volume. I have therefore decided to trade this one and sold out this morning. Hoping to buy in again below 300p.

[manrobert] 16/1/2013 09:00

managed to buy at 323 this .morning.