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
  +0.50p +0.22% 229.00p 229.00p 232.00p 230.50p 227.50p 229.00p 30,750 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 72.4 16.3 27.9 8.4 143.72

Avation Share Discussion Threads

Showing 2901 to 2924 of 2925 messages
Chat Pages: 117  116  115  114  113  112  111  110  109  108  107  106  Older
DateSubjectAuthorDiscuss
19/6/2018
14:42
Avation will be presenting to investors at the Proactive One2One Forum taking place on Tuesday 26th June in London. For details and registration, click here: https://tinyurl.com/ybd93enq
aim_trader
13/6/2018
07:38
Interesting to see they are starting to lease the Bombardier c300 , I guess it is a good compliment to the atrs as will be similar customer set, they have plenty of cash to splash out, I guess these were around 35m usd a pop
catsick
30/5/2018
11:08
Just to mention that AVAP will have a stand and be presenting at our MelloSouth event in Hever,Kent on 14th June and all shareholders and potential investors are welcome to attend Http://melloevents.com Richard Wolanski for Avation has presented at our Mello events on a number of occasions before and the company are very popular with Mello investors with the share price having doubled plus dividends for early investors and those who attended Mello2014 where Richard presented. We are very pleased to welcome him back as he unfortunately could not make it to Mello2018 last month in Derby so this is an ideal opportunity to meet the management and hear about their strategy. Do come and join us at this quality event and there will be at least 25 other companies to meet plus some fabulous keynote speakers and a large number of fund managers presenting and on panel sessions. Http://melloevents.com
davidosh
04/5/2018
09:12
Thanks Carcosa - the point on the EBIT is a fair one. I was not really expecting anything pre year end now but you can always hope!
harrogate
04/5/2018
08:32
Plus redeeming the notes which are/were trading above par. So that's a 'saving of $1.5m per annum plus access to marginally cheaper funding. Other than the ATR's there will be no new aircraft in H1 due to the EBIT interest cover being so high that would damage corporate credit rating. So need to accrue income from the widebodies first IMO
carcosa
04/5/2018
08:06
They using the $150m to redeem $150m of our debt - paying 6.5% instead of 7.5% so a saving of $1.5m a year and pushing out the redemption date by a year to 2021 - so no extra funds but looks great business to me and the improved credit rating is kicking in which augurs well for the future costs of funds. They seem to be doing everything they said they would do and I think we need some news re new aircraft to get the price moving again. No reason to sell I can see
harrogate
04/5/2018
07:59
Seems to be all decent news , lowering the funding cost in a higher rate environment and increasing the size of the bond issue should mean plenty more planes on the books, I am guessing this takes a while to spend and we again have to bear the excess interest cost before the money is fully spent, although much less of an impact now as 2/3 of it is replacing existing debt at lower costs
catsick
23/3/2018
23:39
Hi all, I went to Master Investor and had a long Chat with Richard Wolanski - some interesting stuff came out and I wrote it up in a Blog which I wrote back on 18th March 2018 - you should be able to find it very easily here. I hope it is useful, cheers, WD hTTp://www.wheeliedealer.weebly.com/blog
thewheeliedealer
20/3/2018
20:36
Brilliant - what is the point of a link that is only accessible to ShareSoc members!
michaelmcandrew
20/3/2018
18:51
The presentation and stockopedia report for Avation who presented at our London seminar last week can be found here: hTTps://www.sharesoc.org/members-area/
sharesoc
12/2/2018
15:29
How many faulty Pratt & Whitney engines.
russman
17/1/2018
09:46
Hi. Thanks for the thoughts as always
harrogate
17/1/2018
09:36
Hi harrogate, I very much doubt that. Mandarin Airlines is a subsidiary of China Airlines and hence a major carrier. Very savvy/drive a hard bargain etc. What has happened is that Avation have had to sweeten the deal.. or 'add value'. If you read between the lines of the RNS, I reckon that ATR have provided the pilot training/aircrew and Avation have paid for it. In the grand scheme of things it is a minor cost over the lease term. The good news is that Mandarin should have got the aircraft at a much lower than average price compared to most of the ATR fleet. Financially the airline will have a very good credit rating (I expect) which may have allowed the financing cost to be a little lower, more than enough to defray the pilot training costs. Although the revenues (based on the acquisition cost) will be a bit lower, what it also means is that it will give Avation the opportunity to review the market value of these aircraft and end up with a NAV above purchase price which will be supportive to the share price.
carcosa
17/1/2018
09:17
Surely they will be charging for the training etc to Mandarin and make a profit?
harrogate
17/1/2018
08:50
I wish I could! It was a bit of a throw-away remark. It should have have no effect on revenue. Costs/liability will have increased a tad maybe $0.5-1.0m?? It's just my personal H1 revenue forecast is a tad above what Avation have indicated it will be. But with two wide-bodied aircraft in the fleet a difference of just a few days in revenue collection may explain it; or the Air Berlin re-leased aircraft may be on slightly cheaper rates than previously (I noticed the release of potential maintenance reserves never happened with that aircraft either).
carcosa
17/1/2018
07:37
Hi Carcosa - can you explain what you mean on HI revenue? Thanks
harrogate
17/1/2018
06:32
cs, Not quite right. These three were already delivered to the airline by the end of last year. This latest RNS is just some PR waffle and has no bearing on lease financials. Quite interesting that AVAP provided pilot type rating instructors and examiners and certain training credits to Mandarin. That's usually provided by the airframe manufacturer (and probably explains why H1 revenue will be below my personal forecast!)
carcosa
17/1/2018
01:33
So 3 more atr are going out to Mandarin who are also buying 6 more direct from ATR, guessing the order book and options with atr still has good value to it...
catsick
21/12/2017
07:39
I think there should be 2 further aircraft deliveries before the end of the year as well - 3rd ATR and the second wide body
harrogate
21/12/2017
07:30
Given that they spend a lot of time raising cash through various loan note offers and struggled to get one of them away recently and seem to pay 7% + on these I still don't see the point in buybacks = why not use the free cash to fund more aircraft and grow the company and let the share price look after itself? They have done a brilliant job and I have not sold a share in these for years as I see great potential.
harrogate
20/12/2017
23:09
I think the thing jeff is alluding to is that now they have reached what was perceived to be the critical mass of 1bn usd of assets they dont have to reinvest everything in building up the size of the book, hence they have scope to increase dive or buyback shares if the discount widens, I think this will floor the shares at 2 pounds as that is the point where the discount is 20 pct, the company generate over 5m usd of free cash a month so can easily absorb pretty much all of the flow of shares in the market, with a chunk of the excess cash held now having gone into recent new purchases profitability must also have ratcheted higher and is pretty much locked in for the 8 year lease life ....
catsick
20/12/2017
15:55
Given they have debt I can't see the logic of messing about buying a few shares to make a point. maybe if it is so cheap the directors could buy. That would be better than a few 000 shares bought up
harrogate
20/12/2017
15:48
Yep, that’s the technique.
sogoesit
20/12/2017
15:22
share buybacks I would have thought?
harrogate
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