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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 35,016 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 776 to 798 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
10/9/2021
19:20
I’m still here ..just holding less stock as I had other fish to fry that required grub money…if that isn’t a mixed metaphor too far
rhomboid
10/9/2021
18:53
Rhomboid is no longer with us in AIEA (still alive and kicking though)
dolittle1
10/9/2021
12:26
Yes I thought they might. Looks like the bid-ask spread went down firt thing on very low volume and the algorithm would interpret these trades inside the new spread? Another 90k just went through. I doubt very much that these volumes would have been handled automatically so hard to tell from the spread? Not that it matters? Whoever is selling - it seems there are buyers as well. cheers
illiswilgig
10/9/2021
10:56
They are all being shown as Buy on LSE Level 2 - bit surprising
garbetklb
10/9/2021
10:27
No reason that I know of. A lot of stock changing hands today though. Price is down so assume more sells than buys. Normal volume seems to be around 15k daily - this morning 170k @30p 20k @30.99p and 25k @30.55 - can't tell on google finance which are buys and which are sells. cheers
illiswilgig
10/9/2021
10:06
Any reason for todays fall?
spooky
08/9/2021
15:26
I share SRT with him and once held KMK.
alter ego
08/9/2021
14:53
Thank you, well done for digging that up. Very interesting. Airea seems to be the only stock I have in common with him, though some of them I have looked over recently.
illiswilgig
08/9/2021
10:30
He seems to have sizeable holdings in quite few companies last valued at > $34 million hTTps://www.marketscreener.com/business-leaders/David-Newlands-0C86TH-E/biography/
alter ego
08/9/2021
10:15
I notice an RNS on 7th Sept that private investor David Newlands increased his holding in Airea by 1% to 9% from 8%. Part of his investment is in the form of a rolling spreadbet and this appears to have increased slightly to 0.55% from 0.5% Airea is such a tiddler that an extra 1% of the company will have only cost him around 130k? But even so I can't imagine that he is the habit of throwing good money around without careful evaluation? Interesting timing given the recent results? cheers
illiswilgig
07/9/2021
10:58
Indeed Airea - updated. Thank you for that, cheers
illiswilgig
07/9/2021
10:09
Just to be clear - I did not attempt to compare Airea with Headlam. Airea (Burmatex) is a supplier to Headlam. Amongst others. Headlam is primarily a residential distributor and confirmed that its commercial market was subdued in H1 and its commercial sales (including Burmatex) were -12% relative to 2019. Airea did not give figures relative to 2019. I estimated that Airea UK sales were -6% compared with 2019. Which I found to be interesting as it appears that Airea in the UK is doing better than its market overall. Exports, unfortunately, is another story. Halstead is a £1.2bn international manufacturer and distributor of specialist flooring. Victoria is a £1.2bn very acquisitive buyer of carpet, tile, artificial grass and hardwood flooring manufactureres and distributors primarily in the UK, Europe and Australia. Airea is a £10m manufacturer of carpet tiles in the UK. Comparison appears to be limited except that Airea is most obviously the kind of company acquired by VCP or JHD. Unfortunately neither have done so. Quite the reverse. JHD walked away. Sadly I did not. I used to own VCP shares. But sold them when they doubled. Way too early. I learned my lesson and did not sell my AIEA shares when they doubled. Sadly I did not sell my AIEA shares when they 10-bagged to 75p either. Even though JHD walked away and the CEO sold all his shares to the company EBT. Same CEO who did not sell to JHD. Opportunity to learn a difficult lesson. How well I have learned remains to be seen. That was then and this is now. I can't go back or I would be much wealthier. I do still own AIEA shares, so should I hold or sell? If AIEA is outperforming the market at the moment then that gives me some confidence to continue to hold and I'd prefer to sell me holding into a rising price given how illiquid this share can be. When I do sell I doubt that I'd buy VCP shares on their current rating. It's market cap is 1.2Bn but its enterprise value is 1.7Bn (500m net debt) and its PE is 29x current year forecast profits. And its on almost 6x it's Net Asset Value. Presumably much of that is intangibles from its acquisitions as its EV/EBITDA is 16 despite it having 500m debt. By contrast AIEA has a market cap of 13m and an EV of 11.5m (net cash) is on 14x trailing twelve months earnings, 0.75x Net Asset Value its EV/EBITDA is 6.8 and its 2019 ROCE of 14 is higher than Victoria has achieved in recent years. Victoria shareprice has risen dramatically. I am not saying it won't rise further, just that its not my kind of share. Looks like I'll be holding AIEA shares for a while yet in anticipation of significant improvement - though probably not a qunintupling. But don't take my opinion for it - do your own research, cheers
illiswilgig
07/9/2021
08:38
I agree bda3490, the companies are not comparable. It would make more sense to do a comparison with other manufacturers, VCP for example who reported final results recently and JHD who are about to do so. I’m not in VCP, but at a glance, their share price has quintupled in the last 18 months, they must be doing something right!
trigger blade
03/9/2021
15:00
I think in terms of read across it’s like chalk and cheese . The uk commercial and residential sector is booming. Europe is doing well Airea is not ! When was it ever different ! I remember the big excitement of buying Ryalux - domestic carpet and a when known name . Airea lauded finally closing it a couple of years ago. Let’s face it when you have 1 2% market share you can’t moan about the economy or the whole market because you can treble in size whilst the big players are sweating buckets.
bda3490
02/9/2021
15:40
H1 results for Headlam this morning. I've not read them in detail but skimmed the eseful write up of the highlights on Stockopedia. It srruck me that there might perhaps be some useful read across to whats happening with AIEA which prompted me to take another look at their H1 performance. Headlam confirms that their performance in H1 21, about the same as H1 19 levels – is primarily down to residential (carpet) outperformance +4.7%. Whereas commercial (tiles) remains subdued -12.8%. They further comment that commercial revenue has been recovering and in June21 was only -3.2% off 2019 levels. But that July and August softened but not substantially. Headlam - Mcap £440m and H1 revenue £330m - is primarily UK based (85%) distributor, not a manufacturer, and does have operations though owning businesses in other European countries. How does this read across to Airea’s recent H1 report which was typically brief and terse? Perhaps the most downbeat that I can remember. But these are not normal times, whatever normal was? Anyway I’ll try to have a look – warning this turns out to be a bit longer than I’d anticipated. Airea had 2021 H1 revenue of 7.4m (versus 7.1m H1 2020) and tells us UK sales were up 18.8% whilst exports fell 35%. Unfortunately they didn’t tell us how this relates to H1 2019 – but then they never do. I’ve tried to estimate what Airea’s UK and Export split would likely have been in 2019 and in 2021 from the splits in the notes to the annual report. In FY 2019 (2018 was very similar) UK rev was 74% and given the similarity with 2018 it seems reasonable to assume the same for H1 then UK rev was 74% of H1 8.89m or 6.62M In FY 2020 the UK % of revenue had risen to 79% but that’s not a huge shift given everything else that went on in 2020? H1 is composed of a virtually unaffected ‘good’ Q1 and a locked down Q2, so I’ll just take the same 74% for H1 2020 which gives Total Rev 7.1m UK Rev 5.25m Exp Rev 1.85m For H1 2021 we know that UK revenue increased by 18.8% over FY20 whilst exports decreased by 35% over 2020 and applying that to my estimated 2020 split gives UK Rev 6.2m Exp Rev 1.2m Total Rec 7.4m which by some contrivance appears to be the same as the H1 2021 total revenue which might offer some comfort that my figures are not too far off? What was the point of all this? Other than as therapy to cope with the effects of long-covid on my addled brain? Oh yes, now I can estimate how far Airea is from the 2019 H1 splits (assuming my estimates are reasonable) Uk Rev 6.2m (2021) 6.62m (2019) -6.3% Exp Rev 1.2m (2021) 2.27m (2019) -47.2% Airea is essentially 100% a commercial flooring manufacturer. Comparing Airea’s -6.3%(UK) on 2019 levels it actually comes out better than Headlam’s -12%? Though that is more than lost by the -47.2% fall in exports relative to 2019. What’s up with exports? In the last 6 months its become apparent that small exporters with no infrastructure in European countries have fared worse than larger companies with infrastructure and companies setup in Europe. It seems likely that some European companies have chosen not to do business with UK exporters, or to postpone decisions until the export situation and logistic problems compounded by the pandemic are largely cleared. Under these circumstances it seems reasonable to assume, as Airea have stated, that exports will only return slowly. What do I conclude? All credit to Airea for their good UK sales. Unfortunately they will need to keep growing UK sales at least as fast to make up for lost export sales. It’s not impossible. If their sales have continued to recover like Headlams commercial sales then their continued focus upon new designs and product launches should help as will the investment in new machinery. But it’s a nasty headwind to battle alongside the price rises and material shortages if export sales are not recovered. In the short term it seems unlikely that total sales will miraculously recover but in the medium term led by new product launches it seems likely that UK sales will continue to grow strongly and export sales recover. Could be a couple of years wait for that though – and there is an opportunity cost to consider stacked up against other current opportunities? So it’s a hold for me at the moment. This is not advice, just my opinion, and my figures could be wrong – so please do your own research. cheers
illiswilgig
18/8/2021
20:00
I read that jhd uk sales were well up and not on last years covid affected results but the year before. Headlam as the main uk flooring distributor is also saying market expectations to be beaten by 20%. I think selling at the 70p Mark like the ceo did was a smart move. The market for sales seems well up and Airea hasn’t exactly got a market share that can be that big. The words plot and lost spring to mind. Oh and Victoria carpet plc say the uk is buoyant
bda3490
05/8/2021
10:50
I agree. Hold both and wish that JHD would put we AIEA holders out of our misery by buying it from spare cash earning little or nothing in interest.
partridge1948
04/8/2021
12:17
I think the difference between AIEA and james halstead is the management. I sold all my shares there when a director got the company to buy back his at the top of the market. I certainly didn't get no where near the price he did but was just glad to be out.
3800
04/8/2021
11:21
I agree, they have a wider offering and hence did well. AIEA mentioned UK recovering but very lightly. the should have given more detail on that. Lets see
arregius
04/8/2021
08:42
Interesting to read the James Halstead (JHD) Trading Statement this morning - with lots of read across from the recent AIEA statement? 'In the UK, the availability of basic raw materials has continued to threaten smooth production' 'It is apparent that the entire market has faced production issues and several of our competitors have had to suspend production due to material shortages. To date, we have not curtailed output and we believe this has helped us gain market share' though its not all bad 'our commercial flooring offerings (particularly in luxury vinyl tile) were used increasingly and significantly in domestic settings.' 'big increase in online retailing of flooring where, again, our strong brands aided growth. Both factors contributed to our expansion in the domestic UK flooring market, where demand increased not just because of rising consumer spending on the home but also with the move to home/garden offices and home gyms' ' and Halsteads expected results are in stark contrast with expectations at Airea? 'the Company expects to report both turnover and pre-tax profit at record levels for the period.' It seems that Airea is experiencing many of the same problems but without, as yet, seeing any of the benefits? cheers
illiswilgig
31/7/2021
12:07
The price held up surprisingly well through yesterday despite the high volume (almost 300,000 shares trades - against 17000 average) - I can understand the selling, but who was buying? And why? cheers
illiswilgig
31/7/2021
10:35
Just checked 2019 interims it was £8.9 m turnover this years “up against last year” was £7.4. I’m all for trying to make a positive statement but most companies are referring to the year pre pandemic.
bda3490
30/7/2021
13:21
Worse than last year when there was a national lockdown Headlam is flooring and they announce near record profit 20% ahead of market expectations and a return of full dividend Not a good set of figures even through a Yorkshire filter
bda3490
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
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