We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Alpha Airports | AAP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 109.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 109.00 | 109.00 |
| Top Posts |
|---|
Posted at 08/8/2007 09:58 by lightning Got the cheque, RIP AAP. |
Posted at 04/6/2007 09:17 by lightning Looks like bye bye AAP @ 110p. |
Posted at 30/5/2007 14:20 by eithin +30% and also the divi. Good day. |
Posted at 30/5/2007 10:05 by abcd1234 yes, Ta balcony, saw that on L2, but cant find any info online re who/what is after AAP etc |
Posted at 18/5/2007 10:37 by sruk77 In case it slipped people's radar... AAP signed a 'Licensing Agreement' with Starbucks Coffee Company (UK) Ltd to open a number of coffee stores in various UK airports through a structured roll-out programme over the next few years." The first store is to open at Jersey Airport in October 2007. Every little helps I suppose. |
Posted at 13/4/2007 15:25 by esrimeur What on earth is occurring? AAP just doesn't do this.No spread at 80p now none at 78p. |
Posted at 27/3/2007 11:01 by jeffian eithin,The drop in divi was flagged up in the last results and commented on above. I agree with you; I don't like it either. This has traditionally been a low-growth company which has largely been supported by its high divi yield. Unless it can start to generate some growth, what's to support it? Peter Williams' review of the business has really just come up with more of the same - try to drive margins in the very competitive airline catering side and go for the higher margin retail growth in regional and overseas airport retailing. My personal opinion is that they're flogging a dead horse with airline catering and a bold approach would have been to split the business in two and concentrate on retailing (which is also Williams' core skill). Or maybe someone could be tempted to have a pop at it and put us all out of our misery (come on, Private Equity, where are you when we need you?!) Regards, Ian |
Posted at 02/3/2007 10:25 by lightning There have been bid rumours about AAP for years, they never came to anything. If it happens, all to the good, but I'm not holding my breath. |
Posted at 28/12/2006 20:57 by jeffian edjgee,I had an exchange of correspondence about this with CEO Peter Williams because most people, like yourself, did not pick up from the Interims that a cut in the divi has been flagged up. ("The Board has reviewed its future dividend policy. Whilst it is intended to retain flexibility regarding future events, the Board recognises the need to balance dividend payments with medium-term free cash flow generation and to maintain a level of dividend cover consistent with a progressive dividend policy. It is therefore the Board's intention that the Group will maintain a dividend cover of not less than 2 times pre-exceptional earnings; this policy will apply from, and including, the year ending 31 January 2007.") Last year's divi was 4.2p/share. Earnings per share were 5.74p. If they applied their 2xcover formula, that would result in a substantial cut. It may be the right thing for the company to do but I was not happy with the way they tried to sneak it out without anyone noticing and it may bite them on the bum when they announce their 2006/7 results and people understand what is actually going on. Regards, Ian |
Posted at 28/12/2006 18:17 by edjgee Overal AAP seems to be lumbered with the worst luck going. Most companies cut their divis when share price gets hit like theirs. This one maintained it! Perhaps bodes well for the future but their sector seems not to attract too many takeover bids, maybe contracts too fluid to make them valuable to a predator. Probablyu 80-85 is real value of AAP. Enjoy the new year. AAP may help. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
