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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Avis Europe | AVE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 314.80 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 314.80 |
| Top Posts |
|---|
Posted at 10/8/2010 07:15 by typo56 Update:AVE have not entered the FTSE 250 today. The moved was pulled late yesterday when FCAM shareholders voted down the merger. I've not seen that happen before so close to the wire. However, the FT aren't up to speed today.."Avis Europe was squeezed higher by 11.4 per cent to 229p ahead of the thinly traded stock joining the FTSE 250 index from Tuesday." |
Posted at 09/8/2010 08:46 by typo56 Could be a large uncrossing trade in the auction tonight. AVE are promoted from the SmallCap to the FTSE 250 index tomorrow. |
Posted at 04/5/2010 11:25 by cockneyrebel Avis America bidding big for Dollar Thrifty.Car rental co's have to be in play as bid targets now imo - should boost sentiment - great for AVE imo CR |
Posted at 04/3/2010 08:28 by broadwood Avis profit rises as revenue falls behind Thu 04 Mar 2010 AVE - Avis Europe LONDON (SHARECAST) - Car rental firm Avis Europe reported a rise in annual pre-tax profit while revenue shrank 16% as customers continue to cut back on travelling. Pre-tax profit of 4.5m for the year ended 31 December against a profit of 3m the year before after 'rigorous cost cuts'. Revenue fell to 1.4bn from 1.7bn. Rental income was 151m lower at 1,162m while Avis costs were reduced by 149m. Avis said that while demand continued to soften in France, Germany, Italy, and particularly Spain, the group saw a relatively resilient performance in the UK, where it is gaining market share. Chief executive Pascal Bazin commented, "These results position Avis Europe strongly for 2010 and beyond. As visibility remains limited, we will maintain our prudent approach and strong operational discipline without assuming any significant recovery in the wider economy." Looking ahead longer term Avis said it is eyeing expansion in new markets such as Asia and through the creation of new mobility offers such as OKIGO, its car sharing club in Paris. |
Posted at 10/6/2009 14:43 by whiterussians AVE - get stuck in BREAKING HIGHER NOW |
Posted at 30/5/2009 17:00 by gumarabic do ya funky stuff ave baby |
Posted at 20/4/2009 12:43 by ceckyspunt this is not about holiday rentals, but more about commercial vehicles.when the economy starts to recover, businesses dont all rush out and buy a load of vans and cars, they hire them initially, and buy them if they feel more confident later. as for holidays, this year will be poor for brits abroad, but recession will be deeper in eurozone due to the ecb being too slow, and as the pound recovers we will see a surge in holiday bookings for next year compared to this. still a long way to go for full recovery, but a good recession is great for focussing minds on being efficient, and ave appear to have done that! |
Posted at 05/4/2009 11:49 by cockneyrebel Dunno - I'm holding for 25p+ over a number of months, 40p a bit longer term - what AVE does on a day to day basis isn't consequential from here imo. Since last June this stock has fallen from 25p on no volume. Odey took the last of the sellers stock that was depressing the price. If there were hardly any small sellers down from 25p I suspect they aren't going to be much selling on the way back up to 25p. Hence buyers are going to struggle to get their buys filled without driving the price back up to that level imo.Odey's no fool imo - he knows the cost of vehicles has plummeted especially if you buy in bulk as AVE do. Rental are on the increase and AVE are increasing prices for the first time in seven years. I don't know but if your major costs fall and you're putting your prices up in Europe, and the £ is falling v the Euro then that's a pretty compelling positive over the next 12-24 months imo. CR |
Posted at 02/4/2009 17:33 by cockneyrebel yes, what a close too - baby thrown out with the bathwater.How many lised co's do you know that have gone bust in this recession? Very few. If PDG and TW can stay afloat then AVE have no problem. Hideously low PE, the punters will chase this now that fear is turning to greed. These will be 8-9p in no time imo - Crispin Odey took all the loose stock. CR |
Posted at 01/4/2009 18:44 by cockneyrebel I've had loads now.What most won't have seen is underlying earnings of 2.2p for the year, they made a 0.3p loss in H1 - that's 2.5p eps in H2 - puts it on a PE of under 1 if they can maintain that - no guarantee they can but the potential to beat forecasts by some way is there with that sort of H2. The new boss is there from last Jan, he turned around the French arm of AVE. They are also raising prices. Crispin Odey buying 3% is a big wake up call too imo. What price would these be if they eventually do 3p eps or more? I'd say that would be a major recovery stock that would trade on a PE of at least 10 being a bombed out penny share. Yep they have big debt but they ain't dead and buried imo. Chart says downside minima while the upside has to be a potential multibagger, especially if we do get some sort of recovery here out. imo/dyor, not for the faint hearted, widows or orphans. Chart making a beautiful curved bottom too. CR |
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