||EPS - Basic
||Market Cap (m)
Gama Aviation Share Discussion Threads
Showing 551 to 575 of 575 messages
|Agreed someuwin it's a good place to be. With ref to ST, who czar mentioned, he stated in his column today that he will be updating GMAA amongst others soon, I can only see it as being positive for the share price as their situation is better now than when he last covered them in Oct and he was bullish enough then:-
"Finally, I am carrying out extensive equity research on my 2017 Bargain Shares Portfolio at the moment ahead of its publication on Friday 3 February. I will publish updates on a number of other companies in due course that have also reported trading updates recently including: high street retailer Moss Bros (MOSB); privately owned aircraft operatorGama Aviation (GMAA); stockbroker and fund manager Walker Crips(WCW); pawnbroker H&T (HAT); retail software company K3 Business Technology (KBT); and Mind + Machines (MMX), a service provider in the domain name industry and one focused on the new top-level domain space."|
|Aviation sector as a whole is growing fast. And will continue to do so for the foreseeable future imo.
GMAA in the perfect position to keep on growing revenues.
Aircraft maintenance, management, charter, leasing, training etc. etc.|
|rivaldo we are still awaiting Jefferies research, its a bit overdue now as they are the house broker but I'm pretty confident it will be both informative and bullish. That should introduce a new group of investors. I'm also interested in what Simon Thompson at Investor Chronicle will have to say when he next updates on Gama.|
|Breaking upwards again now.|
|Thats better Cantor - NY resolution to stop dawdling.
IG 5/1 166/169.8|
|Its about time Jefferies published their research, they are house broker. The pe of 5.4x is just a total mispricing of this business and it will correct over time.|
|Cantor Fitzgerald reiterates 'BUY' and increases target price from 200p to 230p.|
|Astonishing isn't it, confirmed FY16 is in line, outlook for 2017 is good...
..and a PE of 5.4|
|Let these few sellers out then we'll be racing up again - imo.|
|online limits indicate oversupply 0.5/10k 169/171|
|Chart would suggest a swift move back up to the 275p level could be on the cards.
Seller finished and yesterday's upbeat trading update back up that suggestion.|
|Good to see a move up already today after some early buying.
Agreed czar. At the least, the current year P/E of 5.7 based on 30.05p EPS consensus is just far too low for a global leader in its sector.|
|I can see the WH Ireland target of 340p being hit this year, the business looks set for further deals and surprises to the upside. Even without that a pe of 10x is cheap.|
|More from Cantor re today's upgrade:
"Gama Aviation upgraded after bullish trading update
12:04 09 Jan 2017
Cantor upgraded to ‘buy’ from ‘hold’ as Gama said revenue growth was more than 10% higher
Gama Aviation PLC (LON:GMAA) took off on an upgrade from Cantor Fitzgerald as the aircraft maintenance and management group reported good revenue growth in the year just ended.
Cantor upgraded to ‘buy’ from ‘hold’ as Gama said revenue growth was more than 10% higher year on year on a constant currency basis, driven by a 12% increase in aircraft under management and an improving European business.
Growth was primarily organic and weighted towards the second half with the US Air business seeing revenue growth of over 20% and US ground up over 10% with three new maintenance bases added.
The bullish update follows on from last week’s joint venture agreement in the US with BBA Aviation (LON:BBA).
That deal will involve 200 aircraft and create a market leading platform for maintenance and aircraft management services, according to Cantor.
On a 2017 earnings multiple of just 5, the shares trade at a significant discount to its business aviation peers, said the broker which has a 200p price target."|
|200p just the next level on chart IMO. If GMAA carry on like this a P/E of c.10 means 300p.
Just hold on, IMO.|
|WH Ireland price target still 340p pe falling to 5.3x fails to reflect true value of this business.|
|Cheers paleje. WH Ireland's price target is 340p, which seems more realistic imo (haven't seen any reaction from them yet today).
I suspect that Cantor will move their price target back up post-results in March (once their clients are already in of course).|
|Fwiw, Cantor upgraded this morning from hold to buy, didn't move the 200p target though which seems on the low side.|
|PI's have been spooked by the sell off in the shares and keep looking for negatives here. Well there aren't any, the sell off was down to a fund just off loading a position for some arbitrary reason. It happens, quite often recently. Stride is another stock I hold sold down to silly levels despite the company delivering in spades.|
|Also worth noting that:
(1) the improvement in Europe was achieved despite a $1m transactional foreign exchange cost, and
(2) the "material foreign exchange credit" will make the headline numbers look even better
Today's year end was easily the most informative ever from this company. The prelims in March will fill in the gaps, and we know that the Balance Sheet is sound from the interims.|
|It would have been nice to see some cash figures. They've been bleeding cash for the last 2 periods despite their EBITDA figures.|
|Good to see a keen 5k buy at 168.04p, above the 168p published offer price.|
|This business is growing nicely
The combination of our aircraft management business with BBA Aviation provides a strong platform for the development of both our US Air and Ground activities and will enable us to build on the strong performances achieved in the current year.
We are also pleased to have announced two significant contract awards following competitive tenders. The first is a new three year contract for our Europe Ground business to maintain the fixed wing fleet of the National Police Air Service and the second is a five year contract renewal to manage and pilot a UK aerial survey platform.The European market is expected to remain challenging during 2017 with little overall growth. However, with new contract wins, more tenders in process and a healthy pipeline, our European business is well-positioned and well-equipped to gain market share and deliver organic revenue growth. These factors, combined with ongoing proactive management of the cost base, should deliver a margin improvement during 2017.
Preparations for the development of our new 100,000 square foot business aviation facility at Sharjah Airport are progressing well. The facility will provide much needed hangar and maintenance infrastructure to the region and attract increased fixed-base operator traffic, line and base maintenance.
However, there are some encouraging signs of renewed activity in the market and this is reflected in an improving pipeline.Plans to launch our line maintenance operations in the region remain on track and we expect to be generating revenues from ground operations during the course of 2017.|
|Two excellent RNS's this morning. GMAA are crazily cheap given we now know they'll achieve around 27p historic EPS, with almost 29p EPS forecast this year:
Plus we have two long-term contract wins worth over £10M:
GMAA is a world leader in its sector. It has a sound Balance Sheet. The dominant American market should continue to thrive under Trump. It really should be trading at nearer 300p than the current 150p or so.|