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AVE Avis Europe

314.80
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avis Europe LSE:AVE London Ordinary Share GB00B693LN18 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 314.80 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 314.80 GBX

Avis Europe (AVE) Latest News

Real-Time news about Avis Europe (London Stock Exchange): 0 recent articles

Avis Europe (AVE) Discussions and Chat

Avis Europe Forums and Chat

Date Time Title Posts
07/12/201115:28Football-ADVFN Official Thread279
28/2/201107:23AVIS GROUP741
13/1/200820:44WTF's going on with AVE11
11/12/200522:53Avis surely a blinding SHORT to a Ј1260
05/7/200513:02AVE IT!95

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Posted at 10/8/2010 06:15 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 07:46 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 05/8/2010 13:24 by iss005
When do we get our new share certificates then? And why is it going up and down in units of 5 pence?
Posted at 15/7/2010 15:37 by iss005
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!
Posted at 04/5/2010 10:25 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 20/4/2010 12:06 by mryesyes
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.
Posted at 19/4/2010 15:20 by mryesyes
I'm sure they will find some reason not to be able to hire you a car.
If you go to any airport in mainland europe its still the same - most of the line of car hirers busy, some with LONG queues after too much marketing and low price deals, but there's no one in the Avis office, apart from the relaxed staff clockwatching and eating, in their smart attire.
Now people will take any car going so it will be hard for Avis to avoid taking in money.
Truth is half the cars seem to never be available, and half the cars are in the private use of the staff.
They are sure to always charge a teeny bit more than the others and seem bored stiff at the prospect of someone actually hiring a car.
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 07/9/2006 21:03 by gerry321
Investors may find it profitable to keep an eye on the share price of Avis Inc .......symbol CAR.......... on the NYSE
a pattern may develop in which the AVE share price follows the trend of the CAR share price as speculation about a bid for CAR,,fuels speculation about a subsequent bid for AVE........
See ADVFN NYSE:CAR for latest CAR trades
Posted at 20/6/2005 18:01 by gerry321
Follow up to post 1 above

Mon 20 June

Free market volume ie deals 20000 and below = 191000
Free Market Trades Buys = 9
Sell = 26
Large Trade volume ex Institutions Sell = 250000
no Large Trades Buy = 0
Sell = 1
From which we could speculate that
LITTLE MEN
If the average holding of the free market little man owning under 20000 shares is say 10000 shares
The No of free market little men ranges from
18M/10000 to 24M/10000
ie 1800 to 2400
Of which 35 traded today
Of which 75% were selling
If this pattern continues more or less with no further "news" to influence opinion
This suggests that well under 10% of little men are sufficiently worried about ave to try to get out at the current price Indeed a proportion of all little man sales which do take place will be to ensure they have funding within their pep /isa in order to to buy the rights issue
And
because of the cash call to fund the rights issue
... It is less likely that a significant number of current ave little men will want to increase their holding sufficient to influence the share price markedly
Any serious share price movement would probably come from new little men ..buying in for the longer term
Ironically given the shortage in numbers of ave "little men" it wouldn`t take a lot of newcomers for the share price to race ahead despite a relatively enormous Institutional seller overhang

INSTITUTIONS
However it is very unlikely that all the existing and new little man would have an impact equivalent to a doubling of their existing stake
Even if 50% of the little men increased their stake by 100% this would only be equivalent to 25% of the free market of 18M to 24M ie 4.5M to 6M
...which means that on average many of the institutions who collectively hold 80M shares and want to sell before end June could only unload 5% to 10% of their holdings max into the free market
There may be some Institutions out there willing to get into ave for the first time.......
Fidelity, Templeton and Deutche Bank may take the opportunity to further increase their holdings beyond the collective 19% thry currently own
If not
any Institutional sellers must seek a buyer at an acceptible price from among their midst
Since the number of Sellers would exceed the number of Buyers in this situation
....the price of any side deals negotiated outside the free market share price is bound to be less than the ongoing free market price
Indeed for the purposes of Institution to Institution negotiations the free market share price will be considered irrelevant
What all this suggests is that the ave share price is very likely to be well below 60p by close of play on Friday 1 July
Unless
The Institutions keep out of the free market apart from the obligatory "processing" of their private deals
And
There is a significant upsurge in new little men sufficient to outweigh the modest number and volume of little sellers seen today
Avis Europe share price data is direct from the London Stock Exchange

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