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Gama Aviation Share Discussion Threads
Showing 426 to 448 of 450 messages
|Fair point rHatton it's certainly frustrating, it's alright talking a great game to the media but it flies in the face of what the share price is saying.
I emailed him Friday but no answer, wouldn't be unreasonable to aknowledge a seller if they know of one or 'know of no reason' comment if they don't. The share price hasn't plunged, which often triggers BoD reponses, but it has relentlessly eroded which, if their statements are true, is illogical and I think management have some responsibility to comment on continual contrary share price movement.
Clearly Mr K does not. So far:)|
|Rivaldo, sounds good! But when does the market begin to take this view!|
|Once again the CEO is extremely positive about how trading has gone this year, possible acquisitions and the exciting plans going forward in a number of areas:
"Gama Unveils Sharjah Growth Plan to Rival Dubai
by Ian Sheppard
December 6, 2016, 12:15 AM
Gama Aviation today unveiled plans for its major new business aviation facility at Sharjah International Airport. The development, which is due to open in mid-2018, will offer an alternative to congested Dubai International Airport (DXB) and closer access to the center of Dubai than Dubai World Central (DWC).
The UK-based group will today reveal architectural drawings for a purpose-built complex that will offer space for commercial tenants as well as passengers and crew of its own aircraft management and charter operations. Billed as the first integrated facility of its type in Sharjah, the new facility will compromise a 100-meter-long (328-feet) hangar (with an option for a second), plus 20,000 square meters (215,000 square feet) of apron parking space.
Over the past 12 months, Gama, which also provides maintenance services, has seen a 12 percent increase in the volume of traffic it handles at its existing Sharjah operation. It says this is due to slot restrictions at DXB and also the fact that Sharjah is significantly closer to Dubai’s financial district than DWC.
Gama’s aircraft management and charter business has increased by around a third over the past year. This is partly explained by the addition of new aircraft to its fleet, including a Bombardier Learjet 60 and a Piaggio Avanti Evo, which have joined its existing heavy and ultra-long-range aircraft.
“We have made excellent progress this year [with] our air business growing the fleet by 33 percent and the ground business benefiting from increased traffic and an adjusted pricing model,” Gama Aviation general manager Martin Ringrose. “So to close the year at MEBAA with our concept for Sharjah is exciting. As the model, movie and renderings [viewable at the company’s exhibit in Chalet P8] show, we’ll have an outstanding facility that mirrors the high standard of our existing lounge. With ground works starting shortly, that reality will not be so very far away.”
Gama Aviation has continued to spread its reach around the world over the past couple of years. Beyond the Middle East and Europe, it is preparing to add three more aircraft to its operation in Hong Kong.
The company has also added an FBO in Jersey in the Channel Islands, and in the U.S. it continues to expand, particularly with its contract to operate King Airs for private aviation membership program Wheels up.
“For us, the U.S. has been a good growth market. Wheels Up is evidence of that, but we mustn’t lose sight of the success in our core management business, particularly in the U.S.,” said co-founder and CEO Marwan Khalek. “Europe remains flat, but the maintenance side is still pretty good. And it’s pleasing that we’re seeing movement in the Far East and Middle East now.” He said that managing aircraft for owners and using them for charter remains a robust and popular business model, “particularly in places like Sharjah.”
On prospects for Wheels Up to expand into Europe, Khalek said, “It is very much on the horizon and we’re putting in place a complex plan for when they decide it’ll happen.” He suggested that the only reason it hasn’t happened already was the amount of resources being used for growth in the U.S.
Further afield, Khalek reported that Gama is set to relaunch operations in Africa. He believes the group can achieve further growth through a mix of organic expansion and acquistions. In his view, the fragmented industry needs further consolidation and Gama has a list of possible targets. "|
|If this is under-supplied it has a funny way of showing it.|
|IG showed oversupply first thing and now undersupply so I B a few more.|
|Cheers paleje. At least someone's on the case :o))
Perhaps the large trades this morning - and a small tick up just now - mean our seller has finally run out of stock. Seen too many false dawns here, so let's hope this is finally it!|
|Seller might be clearing at last? I emailed Khaled to ask if they were aware, don't know what they're like on replies.|
|Another tick up. Might even reach a P/E of 5 soon.....|
|Thanks spooky - a/c's sure lack transparancy. Reading first few pages only mention profit.|
|Sorry twirl you are incorrect. There is a loss if you adjust for FX. The accounts are a little opaque which i suspect is one of the reasons for the weakness in the share price. They need to sort that out.|
|Thanks for posting Unicorn rivaldo.
I never cease to be amazed at the lazy statements made by reporters but I would not have expected this ambiguous and missleading statement from Unicorn. The H1 results show a profit! May have been helpful to their investment to mention this!!|
|Well done Riv, I think people have read the 2nd para and started selling:)
Pity, The 2nd para is history, the 3rd is what matters. Wonder why they only mentioned the challenging conditions in UK/Europe without mentioning the opposite in US/Middle East...not to mention the USD currency benefit.|
|GMAA has become one of Unicorn AIM VCT's largest ten investments, and in their results this morning they have this interesting paragraph:
"Gama Aviation (-55%) is one of the world's largest business aviation service providers. Despite continued strong growth in revenues, the business continues to record losses after currency adjustments. The weakening of Sterling combined with a material investment in international expansion, has resulted in Gama's market capitalisation remaining under significant pressure, with the share price declining by over 50% in the period under review.
The fundamental strength of the Gama business model is that revenues are underpinned by long term renewable contracts, which, when combined with geographical diversity and proven industry expertise, should enable the business to deliver improving financial results, despite challenging trading conditions in the UK and Europe."|
|Check out post 390, gents.
rivaldo hit the nail on the head there.|
|I don't think anyone fully understands the accounts/FX.|
|Rivaldo, what in your opinion is the main thing holding the shares back? Many thanks|
|Very quiet so far today.
Quoted 125.5p for 4000|
|..and again, with 4k bought at 126p, 1p above the 125p published full offer price.|
|riv - I picked a few up at slightly more than today's share price
Nearly doubled up this a.m. but PMG's results meant I added there instead.
Looking in, tho'. Could be the turning point, or "bowl" in CR vocab...
IMO fundamentals are undervalued.|
|Another buy at well above the offer, this time 2,352 shares at 127p compared to the published 125p offer.|
|Indeed igoe104 - loads of upside on a P/E of 4 if so.
Hi napoleon, have you bought in here? I've been in for a while (unfortunately!), and have topped up at these (hopefully) lows ready for a large bounce.|
|Dare I say it, the overhang looks like its finally cleared.
Hopefully blue skies ahead.|
|roddiemac - they're letting the market do the talking it seems..........
Rivaldo - nice to see you here - long time no see as I'm a "tennant"
on the Rebelchatroom which is very good value. Do you happen to hold some GMAA?
I s'pose so...|