Amedeo Air Four Plus Share Discussion Threads

[mattjos] 31/7/2023 10:30

Good update afaiac & have used divi funds to add to my holding

[langland] 31/7/2023 10:28

Of course Thai is operating arguably our best planes - the A350-900 which is in big demand. So, we do not get the best bang for our buck by sticking with Thai. In the previous factsheet in early May this was said....

'We remain aware that some shareholders want us to sell these aircraft as they currently do not contribute to dividend income. The Board continues to assess the variables that affect these aircraft to identify when it is best to realise their value for shareholders. The original leases were due to expire in 2029/30 and the original loan financing for the first 3 aircraft also expires at the same time. The leases having been extended by 6 years to 2035/2036, with the rent payable for the extension to be set by an appraisal process. Amedeo is confident that the package of aircraft and long leases has substantial value in excess of loan exposure and the funds diverted previously from shareholders to keep lenders current during the period when the airline was not paying rent due to its entering court protection.'

So I am wondering whether, at some stage, we may do a deal with these planes to unlock value and effect another return of capital.

[gary1966] 31/7/2023 09:13

So effectively any contribution from Thai airways is surplus cash.

[eeza] 31/7/2023 07:25

RNS - 2023 AR

[paulbutcher1999] 29/7/2023 09:02

And how come the director owns so few shares - I mean I own more of the shares than he does!

[mattjos] 28/7/2023 13:16

Good update from AIG this morning

[scrwal] 24/7/2023 17:56

So a director and wife thinks it's ok to wait 4 months before notifying the company of a share purchase.

[cassini] 24/7/2023 17:41

The price on the 20th of March was indeed 44p...

[strollingmolby] 24/7/2023 17:30

Something is wrong with those director buy notifications - either the price or the date is wrong.

44p on 20 March....??!

[1hercule] 17/7/2023 10:41

Buyers returning

[rimau1] 16/7/2023 20:47

Thanks Rambutan, the wing crack discovery is not as big an issue as it sounds and has been common knowledge for a few years now. Inspections of wings are now every 11.5 years brought forward from 15 years. Good article explaining it in the link below.
hxxps://aviationweek.com/air-transport/safety-ops-regulation/airbus-identifies-heat-humidity-causes-a380-wing-spar-cracking

[rambutan2] 16/7/2023 19:47

DNA2 quarterly from Fri. Mentions potential wing crack issues. Also, need to keep an eye on what happens re its leases which end this and next year. Will guide valuations here I imagine.

[melody9999] 14/7/2023 11:07

took another 17.5K this am. 15% divi not to be sniffed at in this weak equity market and strong aircraft leasing market.

[eeza] 14/7/2023 10:56

Re-invested my Divi yesterday.

[rimau1] 14/7/2023 09:29

Anyone else getting twitchy to add? I have a full position but wrapped in my SIPP its hard not to argue the over weight case

[andyandyoj] 08/7/2023 17:17

Very nice if you want to reinvest

[11_percent] 08/7/2023 16:25

Am a bit surprised that the share price is not rising in anticipation of the Ex-Dive date.

[mattjos] 07/7/2023 10:01

4 trading sessions to buy for the divi

[2wild] 04/7/2023 08:31

Also added Thursday, Friday, Monday With 5 x Ex ¹75p, in next 53 weeks = 8.75p. Giving me an 18.2% return in just over 1 year At an average price of 48p, after costs. Perhaps A dividend increase on top.

[mattjos] 03/7/2023 20:47

It was an illustrative figure ,, am well aware of current pricing that merely hilights absurdity of value currently on offer here.

[eeza] 03/7/2023 18:09

The offer is 48.50p - not 60p.

[mattjos] 03/7/2023 17:39

me too. Amazing you can still buy these under 60p with the yield offered (1.75p*4)/60p)=11.66%

(We were recenty offered 4.34% on HSBC MM for £250k over 30 days)

[bdbd11] 03/7/2023 17:17

Picked up a few more today in anticipation of the dividend declaration, which has now been declared at 1.75 as expected. Looking good here.