Aa Share Discussion Threads

[cinnaman] 22/12/2019 18:43

The debt has not been accrued as a result of either poor performance or all through bad management, the AA debt was created to pay off the Private Equity Firms and load all the debt onto The AA.

This was a scandal and should be investigated by Frank Field.

[cinnaman] 22/12/2019 18:42

The debt has not been accrued as a result of either poor performance or all through bad management, the AA debt was created to pay off the Private Equity Firms and load all the debt onto The AA.

This was a scandal and should be investigated by Frank Field.

[cbr60000] 16/12/2019 07:56

Bond buy-back starts today, suspect they can now borrow cheaper than existing agreed fixed bond interest, so refinancing debt. Views?

[goblin99] 11/12/2019 16:11

It is known they will need to refinance, that is not disputed. H1 results were in my view indicative of the redirection required. Trading statement implies H2 will be as predicted, reinforcing the above. Debt is/has been the major issue, and will be somewhat easier than may have been before.

[general george] 11/12/2019 15:42

Hi Jaknife.

I haven't looked at AA since shorting it from over £1. Looks like they may have turned a corner.

They have a 200m bond due in the summer. They won't have the cash so will need to refinance.

[goblin99] 11/12/2019 11:30

Do not know although AB capital have significantly increased in the last month.

[goblin99] 11/12/2019 11:10

Also surprised no rampers either! A positive sounding update, with the game plan paying dividends it seems. Look forward to the figures in feb.

[pally12] 11/12/2019 10:24

Surprised no derampers yet

[cwa1] 11/12/2019 08:05

Well that was sneaky releasing at 7.59!!

[cbr60000] 26/11/2019 18:43

Reasonable volume today. Tucked a few away into the SIPP, expect a few more breakdown subs as ave age of cars getting a tad older, hoping insurance regulators won't be to damaging, time will tell.

[wigwammer] 15/11/2019 13:40

Debt markets get things wrong too :)

[harleymaxwell] 12/11/2019 12:36

Showing positive signs of life recently rising with volume

[maximus57] 28/10/2019 09:03

Ridiculous amount of debt accumulated here. Why are they still paying a dividend,Get the debt down instead. Another potential Thomas Cook. How do these company execs get away with it?

[eentweedrie] 16/10/2019 10:58

looking good

[stoneme] 16/10/2019 09:18

Seems over done here. I will start buying.

[eentweedrie] 15/10/2019 13:59

MM's fleecing weak holders this am.Amazes me how impatient the average punter is...

[eentweedrie] 11/10/2019 08:44

and now a massive buyTR-1 any moment imo

[eentweedrie] 10/10/2019 15:41

whoa - someone has just dumped a few!

[eentweedrie] 10/10/2019 08:24

def a trade to be done here

[buywell3] 09/10/2019 10:43

AA. should change its name to XX.

Chart is very scary IMO