Airea Share Discussion Threads

[arregius] 25/5/2021 10:00

https://www.building.co.uk/news/london-office-starts-up-20-as-commercial-sector-roars-back-into-action/5111840.articleReads well to aiea

[illiswilgig] 23/5/2021 20:03

Mesquida I agree. You have put it better than I could. Thank you. I also think that there is a lot of potential here. But it's currently trading at pretty much exactly NAV and 8.5x FY2019 eps of 3.95p so historically its not out of line? With no analysts following it, no broker forecasts and very guarded management speak there is really nothing other than the historical figures to work with. The Newlands buying more made me think that some good news might be in the offing. If there is its taking its own sweet time to arrive. In the absence of news I rather think we might have to await the interims, and maybe the finals before the potential starts to become real? cheers

[mesquida] 23/5/2021 12:46

Totally agree, Arregius, one hopes that a bidder does not swoop in now with a low offer, say 60p, before the market has woken up to the potential here. Clearly the Board are optimistic about the new design-led approach, the increase in productive capacity is certainly testament to that, but the City still does not seem interested. In fact I don't think that there is currently one single broker covering the stock, yet when I first started monitoring the Company as a textiles analyst back in 1974 ( those were the days ) there were at least 4 major brokers producing research on what was then called Sirdar ! To a certain extent that can be blamed on the management, they really do need to be more communicative with their shareholders, after all we are not exactly inundated with RNS' s during an average year. At the end of the day , this is a good little company, which in recent years has "done a lot of self help", and it would be particularly frustrating now to see all the reward for that self help going to a cheap bidder. But down at this level that must surely be a real possibility, and that thought alone should concentrate the minds of the Directors on the issue of investor relations. After all, there is still one Director who has a significant shareholding. Does he really want to sell out for 60p when his colleague got 72p !!!

[arregius] 23/5/2021 10:58

I think the market is not pricing aiea well. Many has rebounded from the sell off not aiea.I remember before covid we were outperforming competition. Now market cap is cash in hand plus investment property alone. Thoughts?

[alter ego] 20/5/2021 09:04

I suppose it depends on what makes Neil Rylance excited :)

[mesquida] 20/5/2021 08:56

Suprised that nobody has commented on the wording in yesterday's Director appointment rns.....note the word "exciting", not exactly a word that normally comes to mind when thinking about Airea. Could it be that change is in the air ?

[arregius] 08/5/2021 11:35

Very cheap here

[gdjs100] 02/5/2021 12:14

That's good, there were only two jobs available when I last looked a few months ago.

[arregius] 02/5/2021 11:42

New jobs from Burmatex and I like the narrative;Full Job DescriptionBurmatex is one of the UK's leading specialist flooring manufacturers, specialising in Carpet Tiles. Our focus is on the design and creation of innovative and high quality products aimed at customers in a broad range of high end markets. With service and innovation as our key drivers, we are successfully developing our business and increasing market share.Increased demand has meant there are now 5 vacancies. These positions will initially be for three months with the potential to lead to permanent roles within the business.There has been substantial investment on the site, which is set to continue. The investment has been on new machinery and updating process. We have also invested to ensure we are providing a spacious, Covid 19, safe environment for all our employees.

[thegreatgeraldo] 29/4/2021 19:52

JTC don't make stuff! My mistake.

[rhomboid] 29/4/2021 19:51

Change of custodian for EBT ...RBC sold their division to JTC...no newsworthy event

[thegreatgeraldo] 29/4/2021 19:34

Maybe I'm adding 2+2 & getting 9? JTC placing...no connection?

[greyingsurfer] 29/4/2021 19:22

Don't see the placing tgg

[thegreatgeraldo] 29/4/2021 19:12

& a placing....

[gdjs100] 29/4/2021 19:11

Just a change of who holds the EBT shares isn't it?

[coolen] 29/4/2021 18:59

Not too exciting as there may be a historic link between seller and buyer in the form of Martin Cudlipp. I may be wrong though.

[thegreatgeraldo] 29/4/2021 18:19

Interesting news after close..

[arregius] 21/4/2021 14:23

I am here not for the dividents. But for the capital growthplus good div in between

[illiswilgig] 21/4/2021 14:07

Arregius, Yes I've just been looking at that announcement. I think I understand now why the share price has strengthened a little. The Newlands were listed in the last AR as holding 5.86% The appear to have topped that up by 1.5% to 7.29% plus opening a 0.5% long spreadbet. That must have mopped up a lot of unwanted shares? They clearly have conviction. I find that very intriguing. And very good news whilst I am waiting without a dividend - so I do want to see some significant capital gains instead? cheers

[arregius] 21/4/2021 12:31

Airea PLC - Holding(s) in Company #AIEA https://www.voxmarkets.co.uk/rns/announcement/03bd469a-5d35-4c84-8094-1f58f2851832

[arregius] 20/4/2021 10:58

Yes lets see what happens. They dont usually update on trading unless material

[alter ego] 20/4/2021 09:22

I hold and am awaiting any news of current trading. Appreciate recent posts. James Halstead recent interims suggest possibility of optimism for Airea.

[illiswilgig] 20/4/2021 09:15

Arregius, thank you for the feedback. Useful to know that the company seems to be making progress despite the dearth of newsflow. At 30p it's not exactly priced to go bust, in the absence of any forecasts or guidance from the company its priced to recover x-growth? I don't see that changing until there is positive newsflow or results, cheers

[arregius] 19/4/2021 16:46

I am having feedback about new products being liked by arquitects. New projects and so on. Fingers crossed. This is kinda being priced to die

[illiswilgig] 16/4/2021 12:48

bda3490, sorry to take so long to reply. I accept your point with regard to retained earnings on the company balance sheet. Thank you for pointing it out. My mistake. I slso like to receive dividends but I accept that under current circumstances it may not be reasonable even if it could be made feasible. The level of negative retained earnings is not large, 582k, and should there be a rapid return to 'normal' profitability it should also allow a similarly rapid return to the payment of a dividend without resorting to the complexity of a reduction of capital? cheers