Alpha Airports Share Discussion Threads

[negus1] 23/9/2002 14:23

at this price aap looks cheap

[jeffian] 19/9/2002 19:32

Been driven down hard recently after some resilience - I think due to general market malaise and fear of Iraq war effects on air travel - but results out soon and could be a good buying opportunity. Keep an eye on it.

REgards, Ian

[jeffian] 25/7/2002 18:48

Not sure what I make of today's announcement. The stock is so tightly held that any chunky buying is likely to drive the share price, so does the following indicate confidence by the management, or a share price-support operation?

Alpha Airports Group PLC
25 July 2002



ALPHA AIRPORTS GROUP PLC
NOTIFICATION OF BENEFICIAL INTEREST IN SHARES

On 25th July 2002, ALPHA Airports Group Plc ('the Company') was informed that
The ALPHA Airports Group Employee Benefit Trust ('The Trust') acquired by
acquisition in the market on 24th July 2002, at an average price of 69.09p per
share, a total of 565,000 ordinary shares of 10p each in the capital of the
Company. As a potential beneficiary under the Trust, Kevin Abbott, being an
executive director of the Company is treated as being interested in such shares.


This information is provided by RNS
The company news service from the London Stock Exchange




Regards, Ian

[rowjimmy] 25/7/2002 12:36

It is a bit mysterious as the forecasts I have accessed so far have very low earnings growth

[rowjimmy] 25/7/2002 12:33

undeniably very strong performance of share price. I will take a look

[honiton] 24/7/2002 19:00

Something was up in late Oct 2001 when I first bought in. No bad news.

[jeffian] 24/7/2002 18:59

Over 1 million shares traded in the half-hour up to 4 p.m. which is quite a spike for this stock. I can't help feeling that 'something's up'.

Regards, Ian

[jeffian] 24/7/2002 14:39

Still amazingly resilient. Just about my only 'green' today. I don't think it can just be for the reasons you mention, Honiton. There's plenty of profitable, growing companies out there getting hammered with the rest. So why not this one? That's why I wonder if there's more to it...........

Regards, Ian

[honiton] 22/7/2002 21:09

I've been in and out of AAP (made a profit). Currently out. VDY has gone up in past week as well. The secret... well.......

IMHO

Share strength because expected growth coming from their business model (e.g. absense of profit warnings, market getting bigger) exceeds negativity surrounding blue chips, etc.

Regards

[jeffian] 22/7/2002 16:58

Despite market mayhem, this share has stayed remarkably strong and even recovered a bit during the last week or so when all around is diving:


Is it simply being overlooked or is there more to it?

Regards, Ian

[jeffian] 30/5/2002 11:44

Good positive statement from the Chairman at today's AGM:



This is a great 'value' share with a fantastic divi yield and I believe the price will continue to recover.

Regards, Ian

[jeffian] 19/5/2002 23:36

I thought Stanley Unwin had (sadly) died last year - but now I see he simply went 'underground', and now posts as 'Whitie2'. Oh, Wonderload!

Regards, Ian

[whitie2] 19/5/2002 19:37

Havin bought in at 53 after set backs of last September, I see an unswing to apound 120 short term.

[jeffian] 19/5/2002 19:28

This from sharecast:

"Coname:Alpha Airports Epic:AAP Verdict:Prepared for take-off (The Business) Story:{Alpha Airports operate retail outlets at airports, including catering services. It has suffered in the wake of September 11th. Alpha's fortunes may well turn around soon, according to the Business. It has much regional business, as well as contracts at Heathrow and having learnt from past mistakes, it has offered investors "phenomenal growth." The shares, now trading at 75p, should continue to fly."

Regards, Ian

[honiton] 14/12/2001 14:31

What's happening?

Take-over rumour? Servisair? Are Air France selling their stake?

Rerating?

Mystery to me.

[honiton] 12/12/2001 11:13

Agreed. I think the dividend is secure.

Price target of 70p.

No investment advice intended.

[shy tott] 12/12/2001 10:56

Alpha is currently yielding 6%.

The answer to 'What dividend?' is

The dividends which make up that 6% and is likley to be continued to be paid if no takeover or suchlike is announced.

[honiton] 12/12/2001 10:39

What dividend?

Went ex-div early September/Oct.

Good company and a good hold. Something is up but don't know what.

[shy tott] 12/12/2001 10:36

I think there are signs that things are happening behind the scenes. A director bought a few weeks ago, and there was a very large trade yesterday of nearly half a million shares. Judging by the markup today I'd say that was a buy. I think patience is required, but at least there's a big dividend being paid while we're waiting for news.

[honiton] 12/12/2001 09:48

Looks like it.

This is a good company. Well run but unpopular sector.

[reetus] 12/12/2001 09:46

Strangely marked up alot this morning, with no news released and just one trade. Maybe there is something to come later on in the day.

[jeffian] 08/11/2001 19:45

These have been recovering well from the Sept11 fallout - now back to 60p from a post-shock low of 42p(or thereabouts). Extra little lift today (+4p) on the back of an unusually large volume spike of 2million shares traded. Watch out for any announcements on RNS tomorrow to see who's dealing.

Regards, Ian

[jeffian] 29/10/2001 16:12

I think you'll find it far more likely that today's upward movement was related to the better-than-expected figures from BAA which, perhaps, signalled that airport-related stocks were oversold as a reaction to September 11. Alpha was already a 'recovery stock' supported by a high dividend yield which looks maintainable. It was on target to make around £20m profit this year from its business in (mainly regional) airport retailing and in-flight catering. Obviously, volumes of passengers through airports and on planes has fallen in the wake of September 11 - for how long, who knows? but AAP's business is largely in regional airports and with budget airlines catering for the mass tourism industry which does seem to be the least hit. They do have a substantial contract with BA which is bound to be affected but, again, are mainly on the cheap-and-cheerful routes rather than the long-haul business flights which have mainly been hit. My understanding is (and I can't quote a source) that the 'worst case' scenario would be a £3m hit against those planned £20m profits this year, which still leave the shares on a modest p/e and well-covered dividend yield.

Regards, Ian

P.S. Incidentally, I thought that 27% stake was held by Servair

[shy tott] 29/10/2001 15:48

Thanks bfboy. I didnt realise the Telegragh still had that effect. Have you got a link to the tip please?.

[bfboy] 29/10/2001 15:30

shy tott. it was tipped on satuday in the telegraph.