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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aa Plc | AA. | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 34.95 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 34.95 | 34.95 |
| Top Posts |
|---|
Posted at 06/3/2021 23:30 by investorgeek1 I got out as soon as the 35p offer arrived and went into Argo Blockchain and increased X8. AA is a dog. |
Posted at 15/1/2021 10:09 by wiseman1967 My list of undervalued shares that should recover (but are still risky) is: Saga, Capita, Centrica and Card Factory. All selected on the same basis that I chose AA. |
Posted at 14/1/2021 16:45 by lloydiee69 stupid question ..does aa. now change to bidco then stzrt trading as said company |
Posted at 14/1/2021 12:40 by kaos3 being AA. shareholder I can not afford the phone billtrading has not stopped !!!!! |
Posted at 14/1/2021 12:22 by kaos3 it really looks like US elections lolI made a punt on AA. today |
Posted at 14/1/2021 08:14 by kaos3 no vote up - and I thought it was clever idea for the first time since I post on AA. :(I ll do it btw buy AA. today. First I have to sell some in profit shares ---------------- first buy order for 10k placed lol -------------------- thank you for the vote lets see |
Posted at 11/1/2021 09:28 by glasgow13 Anybody received any word from iWEB regarding AA.? |
Posted at 08/1/2021 09:22 by kaos3 my point - stop loosing your energy on the fight one can not win any more while there are better places&fights, recognize the behavioural pattern of the process which I did outline for further useI am out of AA. stock but not out of AA. bid process. different animals I am putting together a list of red flags (tricks) along the way for further use. and that could be amended by the others to be used in the future elsewhere that is the point - to make a list of "how to recognize the pattern of modus operandi" |
Posted at 30/11/2020 12:35 by minerve 2 "Dropping for obvious reasons.. if the bid is rejected they are screwed."Quit the scaremongering. The deal is still likely to go through looking at how the share price is trading and the current position. Even if the offer was rejected the BOD are hardly going to dive right into a massive rights issue with massive dilution if a 35p offer has just been rejected by shareholders. The AA has always been a proposition post IPO that didn't offered meaningful top-line growth or earnings. Investing in AA has always been about slow debt pay off, dividend payments and a steady growth in equity value over a long period of time. Anyone who thinks otherwise is deluded. I'm not convinced the bonds that need refinancing are as bigger issue as being made out. I think they will be more expensive but still affordable. The issue here IMO is down to the BOD having skewed incentives with respect to the expectations of the long-term shareholders. If they are all incentivised by earnings growth it is very difficult to achieve meaningful earnings growth (to them) with significant interest payments vs cashflow within a WBS structured as such. I think the board have taken this on believing otherwise and have found out that they aren't going to be able to achieve their objectives as easy as they thought. Originally there was great hope in digital transformation and changes in underwriting but it hasn't been enough. Frustration is probably running through the BOD because their execution choices are limited and their remuneration packages somewhat constrained because of this. Of course, under the circumstances an offer is attractive to them. Not necessarily attractive to long-term holders who are happy with the stable mediocrity - that is if you bought into the AA on the understandings which you should have had which is: slow debt pay off, dividend payments and a steady growth in equity value over a long period of time. Edit: just think of the CEO, he was used to Expedia type growth and then turns-up at the AA. Probably the wrong man for the job when you are looking for someone with an appreciation of mature industry. |
Posted at 25/11/2020 13:32 by maxirise AAreport in Proactive InvestorsPrice: 34 Market Cap: £211.94 m 1 Year Share Price Graph Share Information Code: AA. Listing: LSE 52 week High Low 62.01 13.318 Sector: Aerospace Website: www.theaa.com Company Synopsis: The AA is one of the UK's best known and most trusted brands, and the country's largest breakdown cover organisation. Representing over 40% of the market, with more dedicated patrols than anyone else, we respond to an average of some 10,000 breakdowns every day. Overall about 16 million customers - representing approximately 51% of UK households - subscribe to at least one AA product. AA PLC 07:33 25 Nov 2020 The AA accepts takeover offer from hedge fund pair AA PLC (LON:AA.) said its directors have recommended a 35p-per-share cash takeover by a pair of New York hedge funds. As revealed earlier in the week, the takeover by TowerBrook Capital Partners and Warburg Pincus International values the roadside assistance and insurance group at £219mln. While the offer is at a 40% premium to the 25p price the day before talks began between the parties, the shares were 13% higher in August, were more than 70% higher in February and were 168% higher in March last year. However, the AA's market valuation is dwarfed by debt that stood at £2.7bn at the end of July. TowerBrook, which is 'co-headquartered' in New York and London, and Warburg Pincus believe the AA has an "iconic brand" and leading positions in its markets but "has been held back as a result of underinvestment and high levels of debt". "The consortium believes that the AA needs committed, long-term owners to support the growth of the business and to invest in critical areas such as IT transformation which in turn, will generate new and better opportunities for customers," it added in a statement. The AA's insurance, financial services and driving schools are seen as areas of potential growth by the hedge fund pair, which have promised to inject £380mln of new equity into the company to reduce debt. The hedge funds have received support from 15% of shareholders holding roughly 15.5% of the shares so far, including directors. John Leach, chair of the AA, said: "Having carefully considered the range of options available to the AA including the terms of the proposed acquisition by the consortium, the AA Board has concluded that the acquisition, which offers certain cash value to the AA's shareholders as well as a significant equity injection to reduce indebtedness, is in the best interests of the AA, its shareholders and wider stakeholders, and as such is unanimously recommending the acquisition to shareholders." |
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