|Alpha Airports Group
||EPS - Basic
||Market Cap (m)
Real-Time news about Alpha Airports (London Stock Exchange): 0 recent articles
well positive signs on share price tick up are there,
wonder if the MM's will walk it down like they did friday
to fill some bigger buy orders.
Ian, from the figures u quote, presumably there aren't
that many shares 'traded' on this company - since
the greatest proportion sit in the accounts of a small
number of institutions who aren't interested in
dumping on the back of a decent divi.
I figure that must mean a more volatile share price?
If the volume of shares to be traded is small, (relative
to the actual volume available) - then presumably MM's
like to muck about with the price as much as possible
in order to keep trading moving (after all they only
make money on the spread). This could well create a
scenario in which a small volume of trades can move
the share price quite drammatically up or down.
What do u reckon?|
|jeffian: great white,
You may actually "know" something to support your takeover theory or you may(from your 'chart breakout' comments) just be a chartist (in which case you need to turn the screen off occasionally and get out more), but there are other possibilities. AAP's share price, which was hammered on the profit warning, has only returned to and gently bobbed around the 70p mark, which is low historically and cheap on fundamentals (albeit anticipating worse next year). The modest uptick which got you posting about 'takeovers' on every thread came at around the time that it became known that BAA was a target. Rather than opening AAP (which is not in the same business as BAA) up to takeover, another possibility, entirely speculative, could be this:-
BAA bidder Ferrovial is likely to be supported by Australian bank Macquarie. Both already have airport interests, but they neither run these themselves, they turn to specialist operators to do this on their behalf. Macquarie have a close relationship with AAP via their existing UK regional airports. Thus, runs my thinking, a successful bid by Ferrovial/Macquarie could give AAP access to BAA's big international airports from which they are currently all but excluded. It's only a theory, and you may know something which the rest of us don't on the takeover front, but to my mind it fits with the modest recent recovery in AAP share price which have hardly seen the sort of exciting 'spike' one might expect if a bid was imminent.
|optomistic: Another sucessfull 'product' from Alpha.
Could we soon see a re rating of the share price, it's long overdue.
GLORIOUS BRITAIN GOES FROM STRENGTH TO STRENGTH
25th July 2005
Alpha's Glorious Britain brand has added another store to its growing portfolio, with the launch of its largest outlet yet. The new 1163 square foot store is located airside at Gatwick Airport's North Terminal, and opened its doors on June 14th.
The new store is already reporting excellent initial sales and is expected to become one of the chain's key sites. Glorious Britain already operates a landside outlet at Gatwick, as well as five stores at Heathrow Airport, one at Stansted Airport and one in Windsor town centre, opposite Windsor Castle.
2005 has been a busy year for the souvenir retailer. Earlier this year, the store at Heathrow's Terminal 1 was refitted to adopt the new store branding (first seen in Heathrow Terminal 3 just over two years ago) and also to boost its appeal to the changing passenger profile seen over the past 12 months. As part of the store overhaul, the food offering has been enhanced and rebadged 'Food Glorious Food'.
According to Glorious Britain marketing manager, Ben Deller, the demand for souvenirs varies greatly among core nationalities and flight destinations and this shapes the nature of the products on sale in each airport store. Thus, flight movements from Terminal 4 and Terminal 1 in 2004 had a significant impact of the passenger profile mix. In additional to increased sales, the category sales mix was also affected
Ben said: "We saw a major increase in the sale of our food gifts. Typically traditional British food is most popular amongst European visitors, while Americans tend to prefer to take home clothing, especially t-shirts."
"Given the changing profile of the passengers now coming through Terminal 1, we have expanded our food range and created a dedicated 'Food Glorious Food' section selling a range of our most popular items including teas, jams and shortbreads."
GIorious Britain's position as one of the UK's most successful souvenir retailers was confirmed in May, when it swept the board at 'The Greats' retailer awards. The brand walked away with the award for Best Souvenir Retailer and the highest accolade of the evening, Gift Retailer of the Year.|
|jeffian: Actually, I'm not so sure about that bid thing (I'll probably find it's been announced as I write this!). If you look at the chart, the share price is just reverting to its trend line after the upsets of the 'tsunami' and the profit warning. High volumes are explained by the fact that Fidelity have sold their 12% shareholding (2004) to just over 1% today and most of these have been picked up by Aberforth who now have 11.13% spread across various clients' funds. On a historic PER just under 13 and a divi yield close to 4% net at these levels, it may just be that the market is rating it at its fair value.
|stillbroke: Concerns over oil prices damaging trade? Share price remained oddly cathartic after good results.|
|invisage: Hey Guys,
Just thought id tell you about DART GROUP. - The smart investors' favourite budget airline -
A host of shrewd investors are backing budget airline and distribution business Dart Group with one top smaller companies team buying at the start of this month.
Dart (DTG), which operates fledgling budget airline jet2.com and also offers air distribution services using the same planes, has become a tempting destination after a slump in its share price in the second half of last year.
Heres a few reasons why its a good time to buy now...
* Results in 7 weeks (16th June)
* ISA Stock
* The first half of the year Dart's pre-tax profits rose by 31% to £7.1 million from a 16% rise in turnover
* Company is very cheap with a P/E of only just over 7 and a forward P/E of just over 6
* Offers a healthy 4.7% dividend yield
* Market Cap. 45.70 m
* Shares In Issue 34.49 m
* 3.7% spread
* Directors and Institutions hold 61* of the shares, very few in public hands.
* Loads of cash in Bank
* Jet2 operates from Leeds/Bradford and Belfast with flights to 13 destinations once a Belfast-Prague service is launched at the end of this month.
* 16% (net book value) of the total tangible assets is in freehold property with less than 1% in short term leaseholds
* Airline booking increasing this year, a Very good recovery play considering the stock is on the bottom of its range...
When Dart's fleet of aircraft is not being used to transport holidaymakers they are utilised for distribution services, ferrying cargo, fresh produce and flowers. The company is also involved in freight forwarding at Manchester, Newcastle, east Midlands and London Heathrow.
|jpmorgan: Purchased some of these recently. Market seems to have completely ignored in comparison to other travel companies such as BA etc.
The results for the 52 weeks ended 31 January 2004 will be
announced on 25 March 2004.
Am expecting flat results from Flight Services, but another cracking year from Retail. With the company increasing net cash from Half year the company has sound balances, and good management team.
Small sells this week causing drop to 74.5p. Maybe inside selling on bad news? My price target for March 2005 is 110-125p (Mkt Cap 180m-200m) with cashlflow based profits of £22m based on predictable earnings, strong balance sheet. Big risk is terrorisim which is outisde of business control which could hurt the share price.
Any views from BB on results?
|jeffian: 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
|rowjimmy: undeniably very strong performance of share price. I will take a look|
Alpha Airports share price data is direct from the London Stock Exchange