Advent Air Share Discussion Threads

[safeera] 28/3/2007 16:13

I bought my shares on 21 Sept 06,Do I qualify for free shares?If so how many?Where are they listed?I cannot find them anywhere on AIM and my account makes no mention of Aviation Shares.I hold 40000 shares in AAIR-Can anyone shed light on this?Thanks

[bigdunc] 28/3/2007 08:58

What a great tip Aviation was, tipped at 10p is now 14-15.p, target of 26p. When it first demerged it floated at a price of 3.5-5p how i wished i had or bought more.

Either way my free shares are now worth £210 so i cant complain

[spangle93] 21/3/2007 11:32

Seems that 13.5p has proved to be a resistance in 2007, let's hope AAIR can get through it this time.

[bigdunc] 19/3/2007 07:48

Its all in the firms documents, or if you cant find it the firm are always very helpful..

[peach] 18/3/2007 16:10

Just getting to know this company and trying to do some analysis.

I see that: "Skywest is the operator of services on the coastal network of Western Australia under an exclusive right granted by the Government of Western Australia for a term of 3 years commencing January 2006, with an option for a further 2-year extension. This exclusive right represents approximately 70% of the Company's passenger numbers."

Do you know how much the option or the eventual re-tender will likely cost them?

Thanks
P

[knowing] 16/3/2007 08:21

Great set of results. Boy these are delivering nicely.

[berny3] 16/3/2007 08:11

Suprised it has not ticked up more. Great rise in Pnl and dividend to pay. TW is likely to make a comment on this latter today which should attract some attention.

[netsurfer] 16/3/2007 07:10

interims out. any comments?

[bigdunc] 15/3/2007 10:25

Well decent tip so far on the off-shoot Avaition, now trading at 10.5p - 12.5p

[bigdunc] 08/3/2007 07:49

The shares were listed on PLUS on 7th Nov following an an AGM on 30th Oct. You would need to have been holding your AAIR shares before this. Holders would have received shares on a one for 10 basis...

[sirmark] 07/3/2007 23:35

Sorry please enlighten me,not sure what free share ?? Howe do you qualify

[bigdunc] 07/3/2007 13:20

Aviation, the free shares some of us would have received, when it seperated from AAIR, has been tipped today by GECR, price target 26.8p...

Its curretly listed only on Plus markets, was issued on there with a 3-5p price and is now 8.5p-10p

[knowing] 23/2/2007 13:01

RNS Number:6577R
Advent Air Limited
22 February 2007






22 February 2007

ADVENT AIR LIMITED
("Advent Air")


SCHEDULED CHARTER FOR PORTMAN IRON ORE LTD


The Board of Advent Air, which owns and operates Western Australian based
Skywest Airlines Pty Ltd ("Skywest"), is pleased to announce that Skywest has
today agreed with Portman Iron Ore Ltd to operate a scheduled air charter to the
Windarling mine.


* The contract is for a five trip per week air service to provide air
transport for employees of the Portman Iron Ore Ltd mine at Windarling to
and from Perth in Western Australia;
* The contract worth over AUD $2m per year has a term of up to 3 years; and
* Contains protections to Skywest for rise and fall in fuel prices.


Advent Air Chairman, Jeff Chatfield said: "A scheduled charter contract with a
major mining house such as Portman Iron Ore Ltd for a term of three years
provides Skywest with the opportunity to further utilize the existing fleet and
contemplate further expansion of scheduled charter services. Following recent
contract wins with BHP Billiton and Argyle Diamonds Limited, the Portman
contract will provide further welcome visibility to our revenue generation.
Skywest will continue to pursue scheduled charter contracts from the West
Australian resources sector."



---ENDS---

Enquires:

Advent Air Ltd 07783 942 553
Jeff Chatfield, Chairman

Nominated Advisor 0207 628 3396
Roland Cornish, Beaumont Cornish Limited

Stockbrokers
W H Ireland Limited 0207 220 1690
Philip Haydn-Slater

Financial Public Relations
Bishopsgate Communications 0207 562 3350
Maxine Barnes
Nick Rome

Websites:
www.advent.com.sg
www.skywest.com.au

[spangle93] 16/2/2007 19:43

FYI, the monthly free bulletin from GE&CR issued today contains the following....

"The growth story at Advent Air remains strong as the company's most recent passenger numbers demonstrate. Released on 8th February, the numbers reveal that while Advent's load factor slipped by 2.42 percentage points during December of 2006, due to a seasonal tail off, the January 2007 numbers revealed an increase in passenger traffic of 12.11%. In addition, Skywest traffic showed a rise of just over 9.0% and the load factor was 53.75%, an increase of 3.84%. On 1st February, the company announced that Tony Davis, a main board director, purchased 50,000 shares in the open market at 13.2p. This action supports our belief that Advent is fundamentally undervalued. As expected, the company has initiated a share buy back program cancelling 496,073 shares at 12.75p.

Advent has a history of strong earnings growth and a sound balance sheet, and employs a progressive dividend policy. At 13.25p, the group has cash of 8.3 million pounds or 4p per share, though this will fall to 3.9p (8 million pounds) in the current year with the acquisition of its 6th Fokker 50 Aircraft offsetting the cash generated from operations.

The shares trade on a prospective enterprise value to earnings multiple of just 6.5 and the shares yield 3.4%. Even if we assume the group incurs high capital expenditure, the solid cash generation should ensure cash reserves grow by a further 500,000 pounds next year and 600,000 pounds the year after. Our 21p target price remains a conservative initial objective. Our stance remains buy."

[bigdunc] 14/2/2007 09:21

Always a pleasure Frank never a chore, of course if i had listened to you i would never have bought, so i think i will continue not to listen.

[frank spencer] 14/2/2007 09:18

Hold on a bit longer and you can turn it into 10%.

[bigdunc] 14/2/2007 09:05

Kneath it is moving i am making a very nice 33% on this at the moment.

[kneath] 14/2/2007 08:43

Bin watchin' (as opposed to the infamous alternative) this for some considerable time and I am curious as to what it would take to move this price - other than an extraordinary amount of time of course.

[knowing] 08/2/2007 23:02

414 thats a fact Dunc.

[bigdunc] 08/2/2007 08:40

Month of January

Passengers Carried ('000s) 12.11%
Revenue Passenger Kilometres ('000s) 9.02%
Available Seat Kilometres ('000s) 1.23%
Load Factor % 3.84%

[bigdunc] 08/2/2007 08:35

Frank is an old timer on the board, from when there were just 3 of ourselves here... He is not a big fan of any airline stock basically, including AAIR.

[spangle93] 08/2/2007 08:01

Frank - By encouraging, I was meaning that all figures including load factor are up on last year.

You seem very disappointed, what were you expecting to see?

[frank spencer] 08/2/2007 07:48

If you think a load factor of barely 50% is encouraging, good luck.