Advent Air Share Discussion Threads

[bigdunc] 06/4/2006 07:51

Hey Frank if a firm wants to give someone a contract worth $12.8m for that kind of service why not, is it possible you could give sensible comments???

[jdhurry] 06/4/2006 03:26

Actually, doesn't look too bad at first glance. Why the big drop so soon after float?

[frank spencer] 06/4/2006 01:19

of regular air
charter services between Perth and the mine site

Yep, those miners can forget the bus from now on.

Whatever next ?

A shuttle from the Arctic pole to Greenland ?

[knowing] 05/4/2006 23:59

Thats excellent news. Four years of gaurenteed revenue.

[knowing] 05/4/2006 23:43

Re Contract

RNS Number:0754B
Advent Air Limited
05 April 2006

For immediate release
5 April 2006


Advent Air Limited
("Advent Air" or the "Company")

Skywest Formally Executes Three Year Agreement with Newmont Tanami Pty Ltd

Further to the announcement made by Skywest Ltd on the 16th of January 2006, the
Company is pleased to advise that Skywest Airlines Pty Ltd and Newmont Tanami
Pty Ltd have formally executed an agreement for the provision of regular air
charter services between Perth and the mine site located at the Granites (the
"Agreement"). The Granites minesite is located in the Tanami Desert of the
Northern Territory, approximately 1,031 nautical miles from Perth and 276
nautical miles northwest of Alice Springs.

The term of the Agreement is for a period of four years, with annual revenues
amounting to AUD $3,200,000. The Agreement adds approximately 1,040 aircraft
flight hours per annum to Skywest's flight schedule. Skywest commenced provision
of these air services on the 1st of January 2006.


ENDS

For more information please contact:

Jeff Chatfield, Chairman, Advent Air Ltd 07783 942 553
Roland Cornish, Beaumont Cornish Limited 0207 628 3396
Philip Haydin Slater, W H Ireland 0207 220 1690
Leesa Peters / Abigail Singleton , Conduit PR 0207 429 6666
(0) 7812159 885


This information is provided by RNS
The company news service from the London Stock Exchange

END
CNTEAKLSESLKEFE

[bigdunc] 05/4/2006 17:04

As for Frank, i dont mind debate, but the last points i rasied he didnt reply, suggesting either 1) I was right or 2) He doesnt know what he is going on about. Also the all time low was a mid of 7.5p at these levels it is 1.5p above lows not 1p.

[bigdunc] 05/4/2006 17:01

Excellent news out today, formalisation of a $12.8m A$ contract...

[martirei] 04/4/2006 16:40

This works:

[knowing] 04/4/2006 16:39

Stop being so childish.

[frank spencer] 04/4/2006 15:46

How exciting.

1p above its all time low.

[knowing] 04/4/2006 15:14

That was quick ;-)

[knowing] 04/4/2006 15:09

Small buy just in. Need a few more to liven things up here.

[knowing] 02/4/2006 23:26

Good to see some serious buys going through on Friday.

[knowing] 30/3/2006 10:34

Can't see why the recent drop !

[peterben] 29/3/2006 17:24

Spencer if you are just shorting this why not just say so, your posts make it fairly transparent, if not why are you wasting your time here? I'm sure there must be a real job out there somewhere even for you.

[bigdunc] 28/3/2006 13:12

Frank appreciate the post back, I have no problems holding an Australian airline, as I had no problems holding Centamin Egypt...

An Australian mining firm, listed in London, headquarters in Australia, mining in Egypt and no doubt if it ever mined any gold would receive its revenue in US$ the currency gold trades in...

As for Perth in has an exclusive contact with the government of WA and hosts important business routes for major mining firms.

And any firm in its infancy that has such a large turnover and is profitable and trades on a P/E of just 7.5, yes 7.5 that was shows a good business model, unlike numerous cash shells, exploration and drug research firms, . I'm sure many doubted the wisdom of Easyjet in its infancy.

[knowing] 28/3/2006 11:22

What did you say the profit was ? Are you sure your figure is correct ?

Advent Air Limited Sees Skywest Pretax Pft +1410%
Edited Press Release

LONDON (Dow Jones)--Advent Air's subsidiary Skywest Ltd said Friday that its profit before tax increased by 1410% to A$1,546,248 for the half-year ended Dec 31, 2005 from A$102,394 same period year ago.

Skywest's profit after tax for the Period increased by 712% to A$831,294.

Advent Air will announce its own consolidated un-audited results for the Period, including its share of Skywest's results, on or before Mar. 31, 2006.

Chairman, Jeff Chatfield said: "Skywest's results are in line with our expectations of a strong trading period. Skywest's net profits increased by 712% on an increase in revenue of 15% which is a pleasing result.

"Skywest's exclusive 5 year license to provide services to the Western Australian coastal routes of Albany, Esperance, Geraldton, Carnarvon, and Learmonth provides a good platform for future development and provides protection for approximately 70% of Skywest's revenues.

"The continued resource boom in Western Australia also provides opportunities for developing our resource sector charter flight service provision."

[knowing] 28/3/2006 11:16

Well whoever just bought the 100K seems to think that these are good value.

[frank spencer] 28/3/2006 08:49

If you are comfortable owning an Australian airline that reports in singapore dollars that is listed in London that makes a profit of $100k on turnover of $50mln that is mainly reliant on people flying to Perth, go ahead.

[bigdunc] 28/3/2006 08:45

Frank, dont want to get into a slagging match but how with the recent figures would you class this as over valued junk.

[knowing] 28/3/2006 00:12

But those with highly profitable routes will make a fortune especially if oil prices drop. There have been many cases of new issues that have dropped on open only to rebound very strongly. You take your pick. Unless there is a sell which has not been shown then todays trading does not justify the share price.

[Abuse team] 27/3/2006 20:20

Post removed by ADVFN

[frank spencer] 27/3/2006 20:20

ps Tin pot airlines are 10 a penny and the vast majority are loss making poor investments.

[frank spencer] 27/3/2006 20:18

clive

You may also not be aware that new issues that are popular open strong and stay strong.

Those that fall into the category of overvalued junk open weak, get weaker and fold.