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AA. Aa Plc

34.95
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aa Plc LSE:AA. London Ordinary Share GB00BMSKPJ95 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.95 34.95 35.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Aa Share Discussion Threads

Showing 201 to 222 of 15225 messages
Chat Pages: Latest  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
22/2/2018
00:12
Minerve, please keep cool. :)
tradejunkie2
21/2/2018
23:40
LMAO!!!


PUGUGLY
4 Aug '17 - 18:32 - 56 of 217
0 0 0
Another Woodford disasters RM2 and Allied Minds to add but 2 - Just goes to show no one can walk on water for ever.

tradejunkie2
21/2/2018
20:36
When are the results due?
cryptotrade
21/2/2018
19:01
The FCF yield is too good to ignore IMO.

In which case might I suggest you take a look at the balance sheet - you may change your mind!

nigelpm
21/2/2018
18:51
Minerve

I agree as I have just been reading through parts and
articles myself. I actually thought it would actually
do okay today as it reduced the dividend sensibly, funded
growth with the dividend reduction and stated it was
well funded. Targeting new drivers with technology etc
was the right move I thought dyor.

But as mentioned here debt is an issue in time.

srpactive
21/2/2018
18:24
inchpractice

If you are not in desperate need to replace the reduced forward income announced today (reduced dividend down to 2p/annum) then I would hold on to your share. There is no news today that, to me, screams sell. In fact, having spent almost all day digesting the information I see it as positive; the company has at last recognised its PE history and is being transparent and honest about where it is heading and what it needs to do.

I think there is a risk that the final results may disappoint a little but I also think there is potential upside risk too. I think both are marginal.

I am no longer concerned about the debt profile even though I acknowledge it is high. I will most likely be increasing my holding here and between now and the results might be a good opportunity to do so.

The FCF yield is too good to ignore IMO.

minerve
21/2/2018
17:35
jonwig, it was an O trade uncrossing trades are UT
there were 2 trades before it as well for 250k and 383k shares

notimpressed
21/2/2018
17:32
snape - I think it was the private equity owners who loaded it up with debt before floating it a few years ago. Google for details.
zho
21/2/2018
17:26
Quick question if someone here can help. How did AA rack up all this debt?
snape
21/2/2018
17:17
@ notimpressed - post #203: that was the closing auction uncrossing. Sorry to deflate.
jonwig
21/2/2018
17:12
Sure the brand will survive

that does not neccessarily mean that the shareholders equity will survive :)

spob
21/2/2018
16:48
...If you believe AA has a future this is a bargain....
pbutterworth1
21/2/2018
16:46
It was suggested earlier this is another Yell. Actually, I must disagree. Yell faced a market in terminal decline. Contratry to popular beleif I think breakdowns have a bright future. Not least because increasing electronics brings a whole new raft of new problems including battery drains. The barnd will survive. GLA all
pbutterworth1
21/2/2018
15:45
It is pretty simple the AA is a small company with a large debt mountain attached to it!
bc4
21/2/2018
15:09
Jonwig

Yes. I got that. I am taking BE's word. He doesn't make many mistakes and I will in-time be checking myself. I was hoping some other investor would enlighten us without me having to do all the donkey work.

minerve
21/2/2018
15:06
FT Alphaville covered AA. and made suggestions that the debt covenants would prevent a rights issue and were in any case pretty onerous. (I've scanned the latest AR and can't find details.)
jonwig
21/2/2018
14:40
In some ways the non-ability to have a rights issue - because of the terms - is enabling a wonderful FCFE yield for current shareholders (with no future dilution). The downside is it continues a significant amount of risk if debt costs increase or memberships continue to drift.
minerve
21/2/2018
14:37
Free Cash Flow to Equity = c17.8% FY21e, no?
minerve
21/2/2018
14:30
Yes agree debt a problem for all companies, once
a little more stable, due to reducing dividend
and hopefully increasing growth, dyor.
Come on Mr Woodford shake this up.

srpactive
21/2/2018
14:26
srpactive,


Servicing debt indefinitely ....

At some point the lender will want their principle back. Alternative is to roll it forward (if they can), at shareholders cost, making the shareholder a second class citizen, effectively handing control to the lender.


Cash

cashandcard
21/2/2018
14:07
J

Agree debt is an issue for all companies, but
servicing it is the important point as most
companies have debt. Why does it need paying
off completely?

And I respect what Mr Woodford has achieved,
everyone makes mistakes, I feel he will come good
again, even the US sage WB bought tsco
didn't he, dyor.

srpactive
21/2/2018
14:05
cryptotrade,

As above, £2.7bln - a relative mountain of debt.


Cash

cashandcard
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