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Share Name Share Symbol Market Type Share ISIN Share Description
Airea Plc LSE:AIEA London Ordinary Share GB0008123027 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 1.72% 29.50 28.00 31.00 29.50 29.00 29.00 10,845 09:49:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 14.6 0.5 0.0 - 13

Airea Share Discussion Threads

Showing 651 to 675 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
07/2/2020
12:08
This year there will not be a trading update. There apparently arent reasons to be negative here, and as per previous RNS trading might have come back to normal. Or might not. But if worsened they would have updated. I al long AIEA
arregius
05/2/2020
10:12
Bda3490. I am not saying that it is going to impact Aeria, I was floating their cautionary forward looking note.The virus can of course impact Aeria as, if the people you are selling to in the UK are affected by a global downturn, they will buy less.
our haven
05/2/2020
09:07
How does corona affect Airea they only sell in uk ??? I wouldn’t be surprised if this lot dodge pre close. Maybe last years was just a preamble to ceo selling his shares
bda3490
05/2/2020
08:46
Thanks NC, looks like we may get news this week then.The forward looking data may have a cautionary note as to the spread of the virus as well as our unknown trade negotiations so that may equal the certainty of the election as a zero net gain.Let's hope that it hits a more positive note.
our haven
04/2/2020
20:53
I think wool has been oversold recently and is due a bounce.
starpukka
04/2/2020
20:21
Given that results are to end Dec 2019 they would have had very little post election uplift to orders so it will be interesting to read the narrative and post election outlook which can only be more positive than 2019 was. On watchlist.
norbert colon
04/2/2020
19:59
You can rule out the price of wool.
our haven
04/2/2020
18:21
Thanks bda3490, hope that it is as positive as I think.
our haven
04/2/2020
17:53
Trading update. The weather,coronavirus, Brexit, strength of the pound, price of wool? whats going to be the excuse this time?
3800
04/2/2020
17:32
There should be a trading update any day It was 5 February last year
bda3490
04/2/2020
13:56
No news, no trades, where from here?It has been going south for a while and although I took profit and, as a long term holder I continue to hold some, if I am not careful the shares I hold will go underwater.Don't think that there is any takeover on the cards but this company appears solid if unspectacular.Hold or not to hold, that is the question?
our haven
17/1/2020
15:58
Nice to think that having sold 2.5 million at 72p last April buying back would be positive Then again 412 000 issued at nil cost in November I’d hope a key performance criteria would be share price performance
bda3490
09/12/2019
18:12
Since posting about AIEA in November, the share price has continued to drift south. The price is now at 50% of what it was when the CEO sold all his shares to the EBT just over 6 months ago. Maybe if the CEO could make a substantial purchase that may add to investor confidence and suggest another profits warning is not on the way. Come on Mr CEO if you make a purchase then I might be tempted to follow your lead, over to you! On the other hand if you have insufficient faith to buy then I will stay out.
amencorner
24/11/2019
09:54
It was not supposed to be a question. Expelling error. Burmatex IS a very well known brand for its quality and price
arregius
23/11/2019
13:29
Is that a serious question, Arregius, or is it a sarcastic riposte ?
mesquida
22/11/2019
20:27
And the brand Burmatex is a very well known one?
arregius
22/11/2019
18:36
I’d rather not guess the split as I really don’t know🙂 My approach to investing is to identify situations where something pivotal has occurred to a business & the market as a whole has missed it...the numbers are a lagging indicator in this process Here I saw the new ranges enabled by the megaloom as the game changer...along with the closure of Ryalux...I’ve seen nothing to challenge that view in anything I’ve seen since...but an awful lot of evidence that it is playing out as per plan ...with the understandable exception of Brexit putting a crimp in things🙄
rhomboid
22/11/2019
18:20
Thanks John, what do you estimate for the H1 revenue split between 1 & 2 and the GM for each part of the business? Also, did you get any steer on how much SG&A increased in H1 to impact the op margins?
dangersimpson2
22/11/2019
17:24
Thanks for the detailed response Mark I think it’s helpful to view this as two businesses 1 Old Burmatex...with a heavy emphasis on education sector etc 2 New Burmatex...megaloom enabled new ranges targeting high end commercial What has happened is ad hoc ‘supply from stock’ orders in 1 dried up as flooring contractors went into more of a cash conservation mode with all the well publicised issues over large contractors/Brexit ...added to that was the costs associated with Brexit stock build ...important to note there were no cancellations Reading between the lines re 2 & from various conversations the new ranges have been v positively received but the sales process is completely different...it’;s architect specifiers that are the driving force & the new sales recruits have taken orders..but they are further out in terms of requirements (hence the record order book) and I believe the sales process is far longer too So cumulatively the impact was a ‘gap’ ...my belief is this is a bump in the road & ultimately the growth will kick in Incidentally they do not need a new megaloom until turnover rises by 30% or so...the first megaloom was extra...ie they still retain the older machinery So I’m cautiously optimistic 🙂
rhomboid
22/11/2019
10:41
You obviously know this in much more detail than me John, so maybe I am missing something, but at the AGM at the beginning of May, I believe they told you that the megaloom had led to month by month sales increasing but then at the half-year to 30th June sales had declined from the previous HY due to uncertainty in the market. This combined with investment into additional SG&A led to a decline in operating margins from 16% to 12% for the HY. It seems that this uncertainty has likely continued well into H2, so what is a reasonable assumption for H2? Well, typically this is about 10% higher than H1 so if we go for this and assume it generates a 14% operating margin, (since they don't give us CoS & gross margin then this has to be an educated guess), then this would be an EBITDA for the FY of around £2.8m. The pension deficit is a real debt IMO since it is costing them real cash each year, so if we add that to the debt we get a forward EV/EBITDA of 7 @40p which reduces to 6 if you take off the investment property value from the EV. So not crazy in the current market but a lot of microcap, UK-focussed businesses that are not showing significant growth are trading around 3-4xEBITDA, so not particularly cheap either at the current price. At some point the market will start to be forward-looking for FY21, but without decent forecasts in the market, and a business that seems to struggle to predict short term demand for their products, I think it will probably require 21H1 results to show some decent growth & improved margins before this would start to look reasonable value (or a further drop in price to the c3-4x EBITDA level.) How are they going to generate this growth? Well, with megaloom 1 at around 60-70% capacity in H1 it must be around 70-80% capacity in H2, so it is down to adding megaloom 2 - which means further capex & maybe working capital. So although this should drive medium-term growth, it will draw down extra cash, hence why we have seen a recent dividend cut and it may be more prudent to reduce this further in H2. Which again removes one of the reasons to buy and hold rather than wait for the green shoots of recovery. I am aware that this is pretty illiquid though, so may struggle to get stock if the 21H1 results in August next year do show some positive trend.
dangersimpson2
21/11/2019
17:29
Evening Mark Revenue Growth comes as a direct result of the capabilities of the new megaloom...those ranges designed to take advantage of its capabilities have been v well received & take Burmatex into a whole new sector Category A office...which is dominated by London/SE but also increasingly present in the regions...this is a higher £ margin product too That is why the company has a record order book..the Brexit nonsense caused a short term slow down in the rate of call off of product for mor run of the mill projects but longer term I’m in no doubt growth will be substantial & sustained I’m biased as I hold loads but believe I know what I own🙂
rhomboid
21/11/2019
13:59
Think they are going to struggle to drive any revenue growth in the short term, so unless they can significantly increase operating margin in H2 then they will probably do only about 20% more in seasonally stronger H2 than H1. This puts them on a fwd EV/EBITDA of around 7. So not that cheap for a microcap with issues. Obviously, if they can generate revenue growth or improve operating margins in FY20 this multiple will be lower but the risk looks more to the downside than the upside in the short term to me.
dangersimpson2
21/11/2019
12:38
To be fair to Neil Rylance, he did nothing illegal. He simply cashed in at an exceedingly good price and one that no other investor could have achieved in the open market. If he bought back significantly, then that would send a positive message to potential investors/investors.
amencorner
21/11/2019
12:34
How was Neil Rylance allowed to continue as CEO after selling ALL of his shares at an elevated price of 72p? Surely he should be long gone?
spooky
21/11/2019
12:26
I have followed AIEA closely over the last 18 months and have at times considered taking a position. However, the tone of the August interims leaves some doubt in my mind and I half suspect we may see a Trading Update in the next couple of months warning of further “uncertainty” related delays. The other concern I have is the selling by the CEO back in April of his entire holding to the EBT at a price greater than he could have achieved in the market. If the price and prospects are so good now, then my is the CEO not buying at least some shares back? So for me, it’s a question of rebuilding of trust with the CEO and hopefully not seeing another warning of delays in customer call-off from the order book. Once I feel a touch more confident on the above, I will possibly take a position.
amencorner
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
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