Avis Europe Share Discussion Threads

[luderitz] 07/12/2011 15:28

Burnley fan here, are there any Fulham, Southampton and Leicester City supporters here?

Reason being that BFC have today appointed Lee Hoos as their new Ceo. Any thoughts as to his ability while he was at those clubs above please.. good or bad?

[broadwood] 28/2/2011 07:23

About as good as it gets, I reckon.

Very strong 2010 performance in the improving trading environment. Underlying profit before tax increased by 45% with return on capital employed substantially ahead by 250 basis points - both at their highest levels in five years. Furthermore, balance sheet substantially strengthened with the July €181 million Rights Issue and net debt further reduced by free cash generation of €45 million.

[broadwood] 13/1/2011 17:17

This is a funny old stock though. It'll probably be down by the same amount tomorrow.

[broadwood] 13/1/2011 15:45

Crikey, what's afoot?

[typo56] 10/8/2010 06:15

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."

[typo56] 09/8/2010 07:46

Could be a large uncrossing trade in the auction tonight. AVE are promoted from the SmallCap to the FTSE 250 index tomorrow.

[iss005] 05/8/2010 13:24

When do we get our new share certificates then? And why is it going up and down in units of 5 pence?

[trendfloor] 05/8/2010 07:12

Off to a good start this morning.

[trendfloor] 02/8/2010 13:09

Whats going on with the buys here????????.

[mryesyes] 21/7/2010 13:47

they would never cough up that amount net

[optimist] 17/7/2010 12:04

You could sell two thirds of the NP shares and use the money to pay for the rest.

[dnfa1975] 17/7/2010 11:45

Has Crispy Odin sold his load?

[handsome] 17/7/2010 10:26

Hi
I have a few shares which I bought years ago.....
do you think one should buy the rights issue
or take the premium?

[optimist] 15/7/2010 15:57

If you don't like it you can sell your nil paid shares now. They are currently worth 6p.

[iss005] 15/7/2010 15:37

Don't know why I'm holding on to this,possibly because it was my first share purchase! Now they want more money but it is not clear what for!

[mryesyes] 28/6/2010 21:16

looks like we'll get the dosh its underwritten at 15p and by consolidation we wipe out £10m of small holdings.cool

[ccnp] 19/6/2010 12:11

So your questions is when do people travel and rent cars.

Busness rental is key to business profitability overall but flat over the period. the seasonal varioations trend would be over years, not months

Lets classify H1 as January to June and think about holiday travel in that period. We have Easter and spring break but usually short, 3 days to a week off seems to be a common amount as they save the days for the major summer holiday event.

Then let's look at H2, July, August, September and October and think who goes away in those months and for how long.

Do they make money from buying and selling cars anymore ? Or is it the cost of running a car that is key. Do they need larger fleet in summer months but can't flex other costs such as premises, back office systems etc

You are right that there is the possibility of seasonal influence here.

[cockneyrebel] 04/5/2010 10:25

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

[matt123d] 26/4/2010 19:45

Looking very good after todays close.

Pushing through the 200wma for the first time since 2007, a sure sign of a turnaround!

[broadwood] 26/4/2010 15:29

Getting my money back.

[cockneyrebel] 26/4/2010 15:26

Chart curving up beautifully here.

CR

[matt123d] 20/4/2010 14:24

Fortunately "all the major directors" haven't sold out.

The RNS was a granting of further options!

[mryesyes] 20/4/2010 12:06

See todays news. All the major directors have sold out at 37p.
It is not on that this is not clarfied in the release, and N/A is placed in ALL the boxes, they will have to reissue their notification surely and their excess shares with the MM's has caused a 5% fall today, but expect a bit more as this is digested.
I expecty the MM's to swing the share into the % leaderboard since it is much easier to draw the buyers in to rises.
Pleased to hear of the good service in Pisa, but you are a shareholder. Although I'm not sure there is any shareholder discount now, you have an established account and a preference for AVIS, so you can go in there and all your details are on file.
You will get their best service, and, of course, the shortest queue
Avis USA always sold on "we try harder" now if anyone wants to suggest that there is an erergetic marketing policy and sales volume maximisation going on I believe such that I am certain that the very reverse is going on in Europe. Sadly the ordinary punter goes on price. I try to use Avis too, and IMHO the fact that terms are so lax eg wheel damage is never noticed etc etcwhen you return the car no one is looking to charge you for anything, even fuel sometimes and they take whatever you say. In the Riviera I try AVIS because you get wheel dasmage and you have to go to a main dealer and pay for a new wheel trim to fool them.