Avation Share Discussion Threads

[russman] 09/8/2016 13:14

Jeff comments "Avation remains delighted".

[deanowls] 08/8/2016 14:47

Russ, do you tap your nose after these enlightening posts?

[russman] 08/8/2016 10:37

Airbus consultants being investigated.Export agencies may be more vigilant.

[russman] 05/8/2016 13:16

Look at the charges @ Companies House.Which league is AVAP aspiring to.

[russman] 04/8/2016 12:02

It would help if AVAP provided details of the "banks" that provide finance for each deal.Is Vietjet finance provided by ?

[russman] 03/8/2016 13:59

Why not cosy up to Indigo - an Indian airline.They have 430 various planes on order.

[russman] 02/8/2016 11:15

At least the A321s have CFM engines.No one wants a Pratt & W.

[russman] 01/8/2016 12:27

Vietjet biggest shareholder owns a bank.Why is Vietjet toying with AVAP.

[russman] 01/8/2016 12:23

I would not use the word explosive on this bb.

[jamesjoel] 01/8/2016 10:31

Cheers thank you for your valued opinions

[buffetteer] 31/7/2016 17:35

Don't expect any earnings increase this year - expect 22c this year but 43.5c next year - that's when the shares should jump- barring unforeseen costs ( which seem to surprise us regularly )

[carcosa] 31/7/2016 16:43

jamesjoel: IMO I would not anticipate anything dramatic for quite a while. Partly due to the fact that aircraft leasing companies, especially small ones like AVAP are not well understood when listed in London, unlike their American listed counterparts.

If AVAP gain no more orders other than those previously announced then the A320's contributions will make H1 2017 and full year 2017 a magnitude or order better in terms of assets and profits. Lease revenue of a A320 is almost 3 times that of a ATR72. It's just that this years' numbers are lacklustre in comparison to 2015 due to the lack of new A320 contributions and partly the cost of the GMTN notes.

In the real world AVAP can be expected to expand their aircraft portfolio over and above current orders.

The nice thing about aircraft leasing companies, especially AVAP, is that it's quite easy to construct your own spreadsheet and determine the likely revenues from each aircraft, asset valuation etc based on historical AVAP reports and general aircraft leasing reports to establish a baseline growth of revenue and NAV's. (The only 'iffy' bit is when AVAP sell an old aircraft and determining the likely value they got for it)

Depending on how the company want to 'spin' this years results we should get a modest shareprice improvement (~5%) or, if they really stress the 'future', a reasonable price hike (~10%). Over the last 18 months I have been buying on the 'dips'. However, for me, if in 18 months from now the share price has not gone up by at least 50% I shall be disappointed, to say the least because of the explosive growth I expect.

[jamesjoel] 31/7/2016 12:23

This share has treaded water for a couple of years now hoping for a rise upwards soon?

[catsick] 30/7/2016 14:08

Yes they have adverts for them all over the sides of a bunch of busses in singapore, hot hostesees seems to be the theme ... Not flown them, jet star seem to have a much bigger market share on the Singapore routes ...

[russman] 30/7/2016 13:27

Marketing is brilliant.Lots of bikinis.

[deanowls] 29/7/2016 19:03

Very easy jet/low cost. I flew on them earlier this year, plane full and no issues.

[buffetteer] 29/7/2016 14:11

Are they a decent airline -safety ,image ,service ?

[catsick] 29/7/2016 13:50

Yup , I have a holiday house in Vietnam, if they start flying Danang to Tokyo or Singapore will be very happy ...

[buffetteer] 29/7/2016 12:19

Vietnam is a great place to support with plane finance
It is probably the fastest growing nation in SE Asia
GPD growth 7%.
Low trade deficit .
Low unemployment 2.3%
Low inflation 2.39% .
Less to dodgy flybe and more to booming Vietjet.

[russman] 29/7/2016 11:41

About 3 hrs.It is a sale & leaseback. Pretty basic transaction.Vietjet have approx 100 planes on order.Need to sort out the cheap funding now.

[catsick] 29/7/2016 08:54

Rns out about the new jet, how long before rusman shows up to tell us what a bad idea it is and how jeff is an idiot ..

[russman] 28/7/2016 14:03

AVAP need about $100m equity capital for this financial year.Could pull another loan note but LTV would sky.I would put the Vietjet leases in an offshore cell. Pump out tax free divis.AVAP take the capital risk but cream off the "admin" fees.

[russman] 27/7/2016 13:34

It would finance ATRs.It wont finance many A321s.

[ragehammer] 27/7/2016 10:34

Additional funding would have come from the treasury shares they sold to Prudential, the sale of the old Virgin Australia A320 and also the fact that they're probably making nearly $2m per month net profit at the current run rate.