Gama Aviation Share Discussion Threads

[corrientes] 14/12/2016 08:53

You mean going to be taken private for a song ?

[colonel a] 14/12/2016 08:43

But you can sell ?
That reeks.

[colonel a] 14/12/2016 08:41

Price has dropped significantly, next to no trades reported but you can't buy any online.
Don't normally go for conspiracy theories but some thing does not smell good.

[paleje] 14/12/2016 08:37

You're not the only one in the dark corrientes, I think the old Hangar8 were also poor communicators to the frustration of investors, that's no comfort. CEO has a big stake here but could be an arrogant whatsit.

Have you called or emailed them? I have but with no success so far.

[e-mail]

You too Colonel the more the better.

[colonel a] 14/12/2016 08:33

Don't think you'll get much reassurance from investors when it's falling like this.
I think it's down to the company to speak up.

[corrientes] 14/12/2016 08:23

Waiting on one of the 'knowledgeable' posters to comment.What a crock.

[corrientes] 13/12/2016 12:46

Someone said the accounts are difficult to interpret. Now are there any other companies that managed to bamboozle the investors for so long with falsified accounts until it eventually blew up in their face. LOL.

I can't think this applies here, but the more the share price erodes,apparently defying logic,the more suspicious it becomes. The company should definitely comment. Is the CEO one of these aggressive, oppressive types, where he rules with an iron fist,and everyone else is scared to raise any objections to policy ?

Maybe some posters here could reassure on that point.

[colonel a] 13/12/2016 11:09

Am I missing something or are a number of trades not being reported for this instrument.
I don't see it on ISDX ?

[paleje] 06/12/2016 15:44

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:)

[rhatton] 06/12/2016 09:32

Rivaldo, sounds good! But when does the market begin to take this view!

[rivaldo] 06/12/2016 08:43

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.”

Global Growth

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. "

[robards] 02/12/2016 13:13

If this is under-supplied it has a funny way of showing it.

[twirl] 02/12/2016 10:45

IG showed oversupply first thing and now undersupply so I B a few more.

[rivaldo] 02/12/2016 10:12

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!

[paleje] 02/12/2016 10:10

Seller might be clearing at last? I emailed Khaled to ask if they were aware, don't know what they're like on replies.

[rivaldo] 25/11/2016 12:10

Another tick up. Might even reach a P/E of 5 soon.....

[twirl] 24/11/2016 20:57

Thanks spooky - a/c's sure lack transparancy. Reading first few pages only mention profit.

[spooky] 24/11/2016 16:57

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.

[twirl] 24/11/2016 16:30

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!!

[paleje] 24/11/2016 15:03

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.

[rivaldo] 24/11/2016 07:32

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."

[igoe104] 22/11/2016 15:16

Check out post 390, gents.

rivaldo hit the nail on the head there.

[spooky] 22/11/2016 12:47

I don't think anyone fully understands the accounts/FX.

[rhatton] 22/11/2016 12:25

Rivaldo, what in your opinion is the main thing holding the shares back? Many thanks