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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
  0.00 0.0% 29.50 28.00 31.00 29.50 29.50 29.50 13,649 01:00:00
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 751 to 775 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
30/7/2021
13:21
Who else noticed the Chairmans use of the word 'exciting'? As in 'our new exciting product development programme.' cunningly hidden just before the outlook section. cheers
illiswilgig
30/7/2021
11:32
Ouch! Bit of a shock at first glance. Probably the most depressing, downbeat and glass-half-empty commentary that I have recently had the pleasure of reading. Irrational exuberance it is not. Then I realised that I don't have my Yorkshire (Trouble t'Mill) filter on and a quick look back reveals that the chairman is not given to bouts of euphoria. There is never a lot of information at the interims - so not much to go on. After a short lie down I checked my estimates and the sales figure is clearly disappointing, slightly up on the prior year and essentially flat on the previous 6 months. Unfortunate that the +18.5% increase in UK sales is obscured by the 35% fall in exports, primarily to Europe. I am suprised to find that the operating profit and eps are above my expectations 1.14p vs my pencilled in 0.8p eps. Though it appears that operating margin has declined slightly from H2 - but not by much and the big question is clearly how much further will this fall under material cost inflaction and flat or even declining pricing environment. I rather suspect that some of the downbeat commentary is aimed at supporting the decision to pass on an interim dividend, no doubt to the disappointment of many long term shareholders. The hope is clearly that the £1.2m spent on new machinery improves efficiency and the new design launches give them some ability to pass on price increases. All the same I can see a tough few momths ahead so I've reduced my estimates on H2 to similar operating profit and eps to H1 as an increase in turnover is balanced out by falling margin. Hopefully that will prove to be conservative - and pricing pressures will abate in a few months, but I have my doubts. I was impressed by the cash generation and the sudden invisibility of the pension deficit and resulting increase in NAV. Intriguing? In the meantime there is not much to do other than lie down and attempt to ignore the share price gyrations for the next 6 months or so..... cheers
illiswilgig
30/7/2021
10:41
Why is Neil never commenting on results? There is always chairmans statement
arregius
30/7/2021
10:15
Yes Arregius , very good news indeed on the pension deficit/surplus,in fact i am surprised that it did not merit a comment in the statement.
mesquida
30/7/2021
09:16
Oh dear. Not great.
irenekent
30/7/2021
07:39
Good morning all ......the outlook is pretty tersely worded unfortunately so won't be surprised to see sub 30p today. ..."Outlook The UK sales recovery is expected to continue with a strong order book, however the impact of lifting lockdown restrictions is unknown and so forecasting sales performance in the second half is particularly difficult. Market activity in our European Markets is expected to improve but relatively slowly. Difficulties exporting to Europe are now well documented, with significant increases in cost and additional complexity in exporting to Europe Post-Brexit. Of greatest concern is the level of raw material price inflation and supply chain tensions putting a strain on the availability of materials and the costs of obtaining them, the increases experienced to date are relentless and unprecedented. Key to our success will be our ability to pass on these price increases and a halt or reversal of current pricing trends. We have however continued to invest in development of our product range with investment in new equipment and the launches of new products ongoing throughout 2021 based upon our confidence in the future prospects of the business and our secure financial position. Given the financial performance of the group and the continued levels of uncertainty in the market and wider economy the group will continue to prioritise cash to ensure medium to long-term stability and therefore will not be proposing an interim dividend (2020: nil). MARTIN TOOGOOD Chairman 30th July 2021...."
multibagger
30/7/2021
07:38
There you go.Interims out.Net assets 17m.Investments continue with 1.2m spent in plant and equipment.Uk recovering although overall commentary is depressing lol.Very good news in the pension surplusAiea is now trading below NAV
arregius
28/7/2021
08:06
Outlook is key, and with a solid balance sheet i am very happy sitting and adding here
arregius
28/7/2021
07:59
Ah. I think I mis-spoke. I am looking forward to getting some numbers and finding out what is going on. Not that I am expecting 'good' results. I would be happy with good progress at this stage, but better to know one way of the other, cheers
illiswilgig
28/7/2021
05:07
Can’t see that results will be any good. Shares have had a good run lately but I think reality is not good
bda3490
26/7/2021
08:12
No I don't know. Based upon the last three years. 2020 - 30th July 2019 - 2nd August 2018 - 17th August I'd agree with your 'must be anytime now' though I'd speculate it will be later this week or the start of next week. Looking forward to it - it's been a long time with no news and nothing to update my forecasts, cheers
illiswilgig
26/7/2021
07:51
Anyone know when results are due? Must be anytime now
arregius
09/7/2021
08:02
We wont stay this low any longer my guess. Hopefully a good update and div re installment
arregius
30/6/2021
07:59
Lets see what they have for us!
arregius
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
illiswilgig
29/6/2021
08:19
Urgently hiring
arregius
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
illiswilgig
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. "
alter ego
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.
arregius
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......
chrisdgb
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
arregius
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
illiswilgig
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 !!!
mesquida
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
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