Celsius Resources Share Discussion Threads

[wednesday6] 02/1/2014 18:46

The more I read the more I like, market cap barely changed in last 3 yrs, eps steadily rising but share price only 1.75p higher than 2011.
I think 2014 will be a good year for aviation companies and cla is certainly ready for a rerate.
a steady amount of buys over last couple of months but no rise? hopefully this will change after next set of results in February,
what do you make the nav value at moment?

[davydoo] 02/1/2014 16:42

Good luck wednesday6, the price has been in a tight trading range for over 4 years. I was sat in it for over 12 months once, before the ARAN deal convinced me to sell and go back into AVAP.

I suspect only a corporate action is going to change this.

Although the downside is limited due to the discount to NAV.

[wednesday6] 02/1/2014 13:55

ok davydoo had a read up today and had a punt, not looking for a quick return as these things take time and cla is currently off peoples radar, steady income and growth prospects plus a director buy at my entry price.
lets see how we go.

[russman] 01/1/2014 12:42

I hope that the lease extensions will enable CLA to raise capital on more favourable terms than 9.75%.

[davydoo] 19/12/2013 16:28

Good news I agree. Removes a lot of the costs associated with sale or re-lease to a new airline and gives a strong cashflow to support expansion plans.

Everytime AVAP rises in price the easier it becomes to justify using their paper to make an offer for the part of CLA they dont own. Then they can cut the separate board and market listing costs.

Im sure they'll do it one day, although the original investors may want at least 30p, which is the 24p issue price plus a modest amount for 6 years of inflation.

Still, thats below the NAV i think.

I no longer hold, but am starting to look again.

[callumross] 18/12/2013 11:48

Personally, can't understand why we are not up on this news as provides continuity of income for a further 6 years, one of the concerns I thought was holding back the price.

[davydoo] 18/12/2013 11:40

What do you think of the extension news Dave?

[davebowler] 18/12/2013 11:13

EXTENSION OF TWO AIRCRAFT LEASES TO 2021

Capital Lease Aviation PLC, (CLA: AIM), the aircraft leasing company, has agreed to extend the leases of two of its Airbus A321-200 aircraft on lease with a major European airline.

The leases will be extended to 27 February 2021 and 31 March 2021 following the expiry of their respective current terms in 2015. Rentals remain on the typical commercial lease rates for these types of aircraft.

Jeff Chatfield, Executive Chairman of the Company said: "I am pleased to announce the substantial and lengthy extension of these two leases with one of our long-standing customers. These lease rental incomes over the next eight years will provide a substantial cash flow to the group from a historically top tier lease customer."

-ENDS-

More information on Capital Lease Aviation PLC can be seen at: www.cl-aviation.com

Enquiries:


Capital Lease Aviation PLC
Jeff Chatfield, Executive Chairman [phone]
Nominated Adviser
James Joyce, W H Ireland [phone]
Company Stockbroker
W H Ireland [phone]
Blythe Weigh Communications
Tim Blythe / Eleanor Parry [phone]

[davebowler] 10/12/2013 15:07

DIRECTORS DEALING

On 6 December 2013 Peter Freeman, a Director of CLA, advised the Company that on that day he bought 30,000 CLA ordinary shares of 0.1p each at a price of 16.72 per share.

Following the purchase of shares, Peter Freeman's total interest in the Company is now 110,000 shares.

[davebowler] 05/12/2013 14:35

No, I prefer this.

[badtime] 29/11/2013 13:24

Dave do u hold any of the DNA's?

[davebowler] 28/11/2013 12:59

DNA 1,2 and 3 all trade at a premium to NAV!

[tradesmarter] 27/11/2013 21:09

Tipped faradayreserach microcap confidential
"value" due to assets of £29M vs maket value of £16M
High risk, but scope to close the valuation gap

[horndean eagle] 27/11/2013 18:28

does seem a bit bizarre that the number of trades in CLA were probably higher than in AVAP. Picking up on the link between the 2 is usually a bit out of the reach of your average Joe but could be wrong.

[davebowler] 27/11/2013 16:18

Not in my copy of the tipsheet.

[callumross] 27/11/2013 15:18

Surely,people wouldn't just pile in at 08:00 just because a sister company had been tipped?? They are separate entities! Must have been a tip for CLA too.

[horndean eagle] 27/11/2013 14:53

many thanks

[davebowler] 27/11/2013 14:40

AVAP the sister co. was tipped in Momentum Investor

[horndean eagle] 27/11/2013 08:31

Obviously been tipped somewhere this morning. Be grateful if someone could post where later on in the day once subscribers have had a chance to act.

[russman] 11/11/2013 22:52

Only AVAP stooges need apply.

[harrogate] 11/11/2013 16:31

I am sure he was supposed to be a big hitter. I would have thought it makes the buyout of the minorities by AVAP more likely??

[callumross] 11/11/2013 16:16

Yes, noticed that Dave. Always makes you a bit nervous when you see an MD resigning without adequate explanation. Hence I sold a few of my holding.

[davebowler] 11/11/2013 15:53

DIRECTORATE CHANGE

Capital Lease Aviation PLC, (CLA:AIM) the aircraft leasing company, advises that the managing director, Mr Soeren Ferré, has resigned as a director. The board would like to thank Mr Ferré for his contribution to the Company during his tenure and wishes him well in the future.

Consequently Resolution 2 proposed for the Annual General Meeting scheduled for the 6(th) of December will not be put to the meeting.

In due course the Company's Nomination Committee will consider nominations for directors in the ordinary course of its business. In the interim his duties at board level will be taken on by Jeff Chatfield. An update will be provided at the Company AGM on the 6(th) of December 2013.

-ENDS-

[diku] 01/11/2013 23:47

landing gear up!...