Avis Europe Share Discussion Threads

[robandkerry] 24/2/2009 16:46

Car hire is what it is.

They buy at heavily discounted rates direct from the manufacturer and hire them out for a profit, in theory.

Avis is a well respected company, but its a very competetive market, and with the pound as weak as it is makes more people stay in the UK for holidays which will affect their business significantly.

DISL (sells motorhomes and caravans) is a much better bet with UK holidays on the increase this year.

Up 24% now, which makes the chart look a bit more favourable.

[cyclingnut] 24/2/2009 16:41

It's the debt that will kill it. Noone on here has been able to explain the business model to me....do they buy the fleet of cars or lease them...if they buy then we all know how rapidly and severely new cars depreciate....borrow £5 to buy a £5 car....2 months later it is worth £3 and the lender wants his £5 back....if you get me....always chasing debt....never repaying it...even £30m profit per annum is nothing when you have a £1billion debt pile to erase.....


Can anyone spin this another way....a positive way?

[robandkerry] 24/2/2009 16:34

I sold a couple of days ago. Its the debt that worries me to be honest.

[cyclingnut] 24/2/2009 16:26

it won't triple for a company with over £1billion debt, eroding market and global economic meltdown!

[badhshah] 24/2/2009 16:16

it could be an overhang, the stock value could triple from here if that overhang is cleared. Results are out on 4th March.

[cyclingnut] 24/2/2009 16:05

my experience of losing my shirt in the past tells me when huge sells go thru bad news is imminent.....when are results due?

[donaceaceace] 24/2/2009 15:37

badshah hijro ka :) - now thats a REAL lol

[badhshah] 24/2/2009 15:20

it could be a calm before a storm either way.

[cyclingnut] 24/2/2009 15:18

could this be the calm before the collapse. That is the third sell trade recently over 2,000,000 in volume....

[linney3] 20/2/2009 10:57

But at least he is happy about it!

[cyclingnut] 20/2/2009 10:55

I am nearly bust.

[risk1] 19/2/2009 20:59

CN

Do you ever buy a decent share that makes you money?

You must be nearly bust after last years antics

[cyclingnut] 19/2/2009 14:24

2 MASSIVE sells....game over here?

[robandkerry] 17/2/2009 13:07

Nice looking chart. Looks like a recovery of the share price is underway.

[cyclingnut] 17/2/2009 08:38

and who could afford to inherit £1billion quid of debt? I presume someone on here understands the business model and can therefore explain the debt situation..is it simply used to fund the fleet....as we all know that cars devalue big time so how can that debt ever be repaid?

[gray_cloud] 16/2/2009 14:55

cyclingnut - put like that its a one way street to the morg'. Still I can't help but think that car rental has potential. When people can't afford to own their own cars perhaps thet might hire! Having said that you do not want to start with a debt of £1billion.

[cyclingnut] 16/2/2009 13:37

global economic meltdown and we expect good news from a car rental company who are over £1billion in debt?

[pawb69] 16/2/2009 12:05

cyclingnut, only saying what was said to me, will jst have to wait and see.

[gray_cloud] 16/2/2009 11:45

I had the samed on Friday. - Is it someone with a list of shareholders "ramping" or could it be genuine? Can't see much good news myself but youy never know.

[cyclingnut] 16/2/2009 10:57

yeah right!! could be administration? why didn't your broker ring you?

[pawb69] 16/2/2009 10:17

hi just had a phone call from avis asking for me to confirm address and personal details then she said there will be some major news coming out in the next three to four weeks, so i will wait with hope.

[cyclingnut] 13/2/2009 14:20

wonder why the sudden interest?correction....just mm tricks trying to entice custom

[cyclingnut] 11/2/2009 20:46

lol! you would too if you saw the size of me! I guess the debt mountain is to cover the fleet of cars.....which depreciate massively and quickly!