Airea Share Discussion Threads

[arregius] 30/6/2021 07:59

Lets see what they have for us!

[illiswilgig] 29/6/2021 10:09

Thank you Arregius, that's good to know.

Added to the increase in holdings by the Newlands last week - up by almost .3% to 7.59% and when added to their rolling spreadbet of 0.5% takes them just over 8%

Gives an impression that things are going well under the covers.

cheers

[arregius] 29/6/2021 08:19

Urgently hiring

[illiswilgig] 24/6/2021 12:49

Chrisdgb,

thats a very pertinent question. A lot of businesses are now facing supply pressures caused by manufacturing difficulties during the pandemic and also by logistics issues all of which probably cause input price rises.

It seems that timber is a commodity particularly affected as economies in the west open up but supply chains into the developing world are still affected. Construction timber and cardboard for on-line deliveries being particularly pinch points. Anyone with eposure to pulpwood prices is probably suffering very high input price rises at the moment. Though some can prosper from this James Latham noted in its results this morning that its margins are rising because of this. But they are not in the discount sector of the timber market?

I don't think that Aeria is particularly exposed to timber/paper problems their main inputs are likely nylon/polyester and wool? But they will be exposed to the logistics problems and prices. So some impact is likely, though I also expect they are have supply arrangements in place to mitigate this and have some ability to pass on cost increases through price rises given they are not at the bottom of the market?

Many shares appear to have full recovery already priced in. Not Airea. Unfortunately a lot of patience required here. Hopefully it will be rewarded.

cheers

[alter ego] 24/6/2021 12:37

I would expect raw material costs to have risen and maybe demand from some customers will be muted. LTHM (timber and wood products) commented in their (V Good) annual results that

"The majority of the market sectors that we supply are busy, but there are still a few sectors, such as hospitality, aerospace and shopfitting that are still trading at pre-COVID19 levels. "

[arregius] 24/6/2021 12:31

David John Newlands keep buying

[arregius] 24/6/2021 12:31

As uk manufacturing they might be winning more biz no? As others might suffer shipping constrains and supply chain issues? No idea.

[chrisdgb] 24/6/2021 12:14

Interesting, my only concern would be whether they are suffering rising input costs, such as the nasty little recent comment by Accrol......

[arregius] 24/6/2021 11:55

Looking forward to the outlook here. I think will surprise to the upside hopefully

[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.