Share Name Share Symbol Market Type Share ISIN Share Description
Avation LSE:AVAP London Ordinary Share GB00B196F554 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +0.75% 202.50p 200.00p 205.00p 202.50p 201.00p 201.00p 26,777.00 12:58:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 55.9 13.6 25.8 7.6 119.99

Avation Share Discussion Threads

Showing 2776 to 2800 of 2800 messages
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
DateSubjectAuthorDiscuss
25/4/2017
09:06
Thanks Guys - that RNS didn't show anywhere so grateful for letting me know. Carcosa - thanks for link. Interesting comments and I agree we need to see how they use the funds in the short term - would be good to get a couple of new aircraft in before end of June so we have a full year of lease revenue from them. I am looking to top up I think if it drifts further on the back of the ATR Iran deal showing that market improving, better credit rating due to customer spread and stated intention to increase fleet in jets. Thanks again
harrogate
25/4/2017
07:56
RH Correct. Although yet to have confirmation of the MSR's it's good enough to take a stab at the premium which I did, here: https://www.lemonfool.co.uk/viewtopic.php?f=33&t=315&;start=40#p48232
carcosa
25/4/2017
07:10
If you read down to Chorus' announcement you will also see that three aircraft are with Flybe and three with Virgin Australia. In the latter case this represents a further reduction in reliance on Virgin as a customer.
ragehammer
25/4/2017
06:20
The deal was announced weeks ago. Yesterdays RNS was just an update although it did confirm which lessee's the aircraft are along with the aircraft age which allows for an educated guess as the premium they obtained.
carcosa
24/4/2017
18:35
good deal announced today? anyone have any views?
mfhmfh
27/3/2017
10:03
Surely we want people putting their money where their mouth is in general anyway
harrogate
27/3/2017
09:57
I imagine most people will tip or comment positively on shares they own rather than ones they have no interest in.
x54v
27/3/2017
08:43
He tipped it last year as well. Maybe he should tip shares he doesn't own?
pj 1
27/3/2017
08:12
Just been tipped by Jim Mellon at Master Investor as one of his long ideas for the coming year- Https://twitter.com/masterinvestor/status/845616897051840513
x54v
16/3/2017
07:10
Ok so selling 6 atr 72 above book but dont know how much by, can recycle into new planes this year and keep the fleet youthful , I think it proves the book values are ok but not that huge a deal now its not the whole book of planes
catsick
02/3/2017
08:19
Anybody been to these share soc presentations ? Anything of interest ?
catsick
28/2/2017
10:56
Vietnam's low-cost carrier Vietjet - known for its occasional bikini PR stunts - has soared the maximum 20% in its trading debut in Ho Chi Minh City. The country's first private airline is thought to soon overtake flag carrier Vietnam Airlines in market share. Investor interest is driven by the growth pace in the domestic airline market, one of the fastest in Asia. Vietnam has over the past years been slowly opening up to international investment. VietJet currently operates about 60 routes both domestically and internationally, and hopes to have a fleet of 200 aircraft by 2023. The budget airline is another story of a booming Asian low-cost carrier managing to clock exceptional growth in its first years since taking to the sky. One of AVAP's Leasing airlines doing well
azure8269
25/2/2017
16:46
Avation present at our next London seminar on the 8th March, may be of interest: hTTp://www.sharesoc.org/london-mar.html
sharesoc
20/2/2017
13:40
Do not forget Richard Wolanski and Avation plus to other companies are presenting tomorrow evening in Manchester and all are welcome... Http://www.sharesoc.org/altrinchamseminar.html So come and ask a few questions and meet other investors... I will also be doing an investor Q&A session.
davidosh
20/2/2017
13:06
Re-tipped by Simon Thompson in the IC. His new price target is 250p which is the recently reported book value.
ragehammer
19/2/2017
22:37
I am thinking if they sold the atr fleet then the best thing may be to look for a takeover target like aqz in australia trading at a big discount to nav with a decent fleet of older jets used in the rapidly recovering fifo market which is where avap got started so know the industry well, I am sure something along these lines is what they were thinking and a cash/shares deal could be done in a mutually beneficial way.
catsick
17/2/2017
07:59
Why hold a final round of bids if they don't intend to sell them ? Why not say the initial bids weren't sufficient . They are master negotiators and are looking to extract maximum premium over book imho.you don't look a gift horse in the mouth.
buffetteer
17/2/2017
07:25
If I may... As time has gone on it seems apparent to me that their concern is that they wish to stay in the narrowbody market but valuations are very high now and the idea of buying ready made replacement fleets is not as easy as they initially thought. Therefore the loss of revenue and profits over the years it will take them to increase the fleet size again means that a massive premium would be required on the fleet sale. Also, with 97% of their loans at fixed rates that alone is a powerful argument to keep things as they are in a rising interest rate environment (next 5 years). Given the ATR fleet growth is going to be pedestrian and the yields on the jet fleet are relatively smaller then perhaps it is wise to keep the ATR fleet unless someone came up with a huge premium. Given that half the company assets are up for sale then Avation were duty bound to seek out other potential investors; part of good corporate governance; but their heart is really not in it IMO. However they are into aircraft sales and selling a few ATR's, perhaps the older -500 series is in line with normal trading. So it's all good for the company and the business but given the share price appreciation when the ATR sale was first announced I am certain there will be a meaningful fall in the share price if they announce the fleet sale is not going to happen; perhaps mitigated if at the same time they have secured sales on only part of the ATR fleet. As a consequence I sold about a third of my holding yesterday. However long term I'll probably be a buyer following the announcement because plugging various numbers into my finance model shows that full year profits are going to be good and I believe in this company over the long term having first invested in 2013 Carcosa
carcosa
17/2/2017
07:18
Seems like the sale of the atr fleet is still trundling on, with all this interest above book value it is surprising we are still trading below the book value of 3.10 usd , Jeff has shown excellent ability to compound book value over many years so I am sure he can build a decent fleet of a321s and then sell that out in the future, I think this is proving to be a pretty good long term hold, also still a lot of cash on the balance sheet , wild like to hear the bear view from russman in these results ?
catsick
16/2/2017
17:38
Accumulated today on good figures... more to come?
sogoesit
16/2/2017
12:57
Still in talks on the sale of the turboprops
jamesjoel
16/2/2017
12:56
Avation powers ahead Share 07:37 16 Feb 2017 Book value per share rose 41% to US$3.10 from US$2.20. Avation shares currently trade at just below £2. ATR 72 Avation is still in talks over the possible sale of 22 of its ATR 72 aircraft Commercial passenger aircraft leasing company Avation PLC (LON:AVAP) made rapid progress in the second half of 2016. The first half of the group’s financial year saw the key metrics improve markedly year-on-year. Lease revenue rose 43% to US$45.11mln from US$31.49mln the year before. Profit before tax jumped 51% to US$8.39mln from US$5.57mln, while earnings per share climbed 46% to 12.9 cents from 8.8 cents in the second half of 2015. Book value per share rose 41% to US$3.10 from US$2.20. Avation shares currently trade at just below £2. In October 2016 Avation revealed that it had received an expression of interest for 22 of its ATR 72 turboprop aircraft, which prompted to seek competing proposals from the market. It received eight offers from a range of investors and lessors, with the bid levels indicating a valuation of the fleet above the book value. Avation revealed in today’s statement it is still in discussions with a number of the bidders, and no final bids are yet on the table. The group ended the year with net indebtedness of US$689,253, up from US$409,498 at the end of 2015. The total loan-to-value ratio remained pretty steady at 76.0%, compared to 75.8% a year earlier. "Fleet metrics have continued to improve as the fleet has grown, with the weighted average age of the aircraft decreasing to 2.8 years and the weighted average remaining lease term increasing to 7.8 years,” said Jeff Chatfield, executive chairman of Avation. “Avation's strategy seeks to maintain a low average age of the fleet, lowering risk by maximising the long term earning potential of fleet assets. As at 31 December 2016 the value of the company's jet fleet now exceeds that of the turboprop fleet,” Chatfield revealed.
jamesjoel
16/2/2017
11:05
No news on the sale of the turbo props
jamesjoel
16/2/2017
09:35
Avation posts pre-tax profits of $8.4m for the six months to the end of December - 51% up on last time. Lease revenue increased by 43% to $45.1m while earnings before interest and tax grew 54% to $27.6m. The commercial passenger aircraft leasing company said total profit after tax increased 54% to $7.4m and operating cash flows increased 65% to $31.1m. Earnings per share increased 46% to 12.9 cents. Executive chairman Jeff Chatfield said: ""Avation is pleased to report significant year on year increases in revenue, profit and operating cashflow in the half year to 31 December 2016. "Fleet metrics have continued to improve as the fleet has grown, with the weighted average age of the aircraft decreasing to 2.8 years and the weighted average remaining lease term increasing to 7.8 years. "Avation's strategy seeks to maintain a low average age of the fleet, lowering risk by maximising the long term earning potential of fleet assets. "As at 31 December 2016 the value of the Company's jet fleet now exceeds that of the turboprop fleet. "In addition to these satisfactory financial results Avation has grown the aircraft fleet, managed overhead costs and improved fleet metrics to position the Company well for the second half of the financial year."
broadwood
16/2/2017
08:04
WOW - that'll do nicely.
broadwood
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
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P:43 V: D:20170425 18:16:37