Doric Nimrod Air One Share Discussion Threads

[grahamg8] 09/5/2021 17:20

Emirates have an option to buy the plane which expires on 16 May, so possible share price movement up/down next week driven by those in the know. My understanding is that a set of engines and undercarriage retail on e bay at around $10-15m. Price could go down if too many are available. On the other hand there is supposed to be a shortage of long haul planes in a few years time. Buy up the stock cheap, park in a desert for a couple of years and then auction off to the highest bidders.

[waldron] 18/6/2020 11:57

Https://www.bbc.com/news/science-environment-53059527

[robizm] 23/4/2020 21:01

Ex dividend today and the price went up. The market cap is £14 million and provided Emirates pay up debt will be cleared end of 2022 and you will receive 23p income and the plane will be valued at £4 million and I reckon they will get much more provided the world has not ended.

[robizm] 05/4/2020 14:53

I bought in here at 25p and as long as emirates don’t go bust the income on this amounts to around 23p to 2022. In two years things could be back to normal and even selling the plane for 45 million dollars gives a residual value of £0.70 a share. This share price is nuts and in the next few yrs our old friend who we have not seen for ages will be back.......INFLATION.

[misca2] 03/10/2019 18:13

France Set to Roll Out Nationwide Facial Recognition ID Program Helene Fouquet, Bloomberg News Commuters depart La Defense business district during evening rush hour in Paris, France, on Tuesday, July 17, 2018. Frankfurt's efforts to attract bankers escaping Brexit are in danger of losing momentum. Commuters depart La Defense business district during evening rush hour in Paris, France, on Tuesday, July 17, 2018. Frankfurt's efforts to attract bankers escaping Brexit are in danger of losing momentum. , Bloomberg (Bloomberg) -- France is poised to become the first European country to use facial recognition technology to give citizens a secure digital identity -- whether they want it or not. Saying it wants to make the state more efficient, President Emmanuel Macron’s government is pushing through plans to roll out an ID program, dubbed Alicem, in November, earlier than an initial Christmas target. The country’s data regulator says the program breaches the European rule of consent and a privacy group is challenging it in France’s highest administrative court. It took a hacker just over an hour to break into a “secure” government messaging app this year, raising concerns about the state’s security standards. None of that is deterring the French interior ministry. “The government wants to funnel people to use Alicem and facial recognition,” said Martin Drago, a lawyer member of the privacy group La Quadrature du Net that filed the suit against the state. “We’re heading into mass usage of facial recognition. (There’s) little interest in the importance of consent and choice.” The case, filed in July, won’t suspend Alicem. Digital Identities With the move, France will join states around the world rushing to create “digital identities” to give citizens secure access to everything from their taxes and banks to social security and utility bills. Singapore uses facial recognition and has signed an accord to help the U.K. prepare its own ID system. India uses iris scans. France says the ID system won’t be used to keep tabs on residents. Unlike in China and Singapore, the country won’t be integrating the facial recognition biometric into citizens’ identity databases. In fact, the interior ministry, which developed the Alicem app, says the facial recognition data collected will be deleted when the enrollment process is over. That hasn’t stopped people from worrying about its potential misuse. “Rushing into facial recognition at this point is a major risk” because of uncertainties on its final use, said Didier Baichere, a governing-party lawmaker who sits on the Parliament’s “future technologies” commission and is the author of a July report on the subject. Allowing mass-usage before putting in place proper checks and balances is “ludicrous,221; he said. No Consent The Android-only app with the blazon of the French republic, which Bloomberg was able to consult, will be the only way for residents to create a legal digital ID and facial recognition will be its sole enabler. An ID will be created through a one-time enrollment that works by comparing a user’s photo in their biometric passport to a selfie video taken on the app that will capture expressions, movements and angles. The phone and the passport will communicate through their embedded chips. Opponents say the app potentially violates Europe’s General Data Protection Regulation, which makes free choice mandatory. Emilie Seruga-Cau, who heads the law enforcement unit at the CNIL, the country’s independent privacy regulator, said it has made its concerns “very clear.” Authorities say the security of Alicem is at the “highest, state level.” Yet in April, Robert Baptiste, a hacker who goes by Elliot Alderson on Twitter, was able to access one of the government’s “highly secure” apps within 75 minutes, raising questions about the resilience of the state’s online security. ‘Bug Bounty’ “The government shouldn’t boast that its system is secure, but accept to be challenged,” Baptiste said “They could open a bug bounty before starting, because it would be serious if flaws were discovered after people start using it, or worse if the app gets hacked during enrollment, when the facial recognition data is collected.” Opposition lawmakers worry about the integration of facial recognition into laws to track violent protesters like during Yellow Vests demonstrations. Drago, who’s challenging government plans on privacy and consent issues, said the absence of a debate “lets the state move ahead, without roadblocks.” Meanwhile, facial recognition tests are multiplying. Live camera surveillance in the streets of Wales was judged legal this month by a London court. Germany, The Netherlands and Italy use it for fast tracking borders checks. In August, Sweden’s Data Protection Authority fined the municipality of Skelleftea for testing facial recognition on high school students to measure attendance. Apple Inc. trivialized its use as a biometric to unlock mobile phones. Front-Runner? The EU’s new Commission, whose mandate begins in November, has among its goals the building of a “Europe fit for the Digital Age.” An internal policy document by the Commission detailed the steps the EU should take to master Artificial Intelligence technologies, including facial recognition. “The wide-spread use of an equivalent of a public DNA is a challenge for regulators,” said Patrick Van Eecke, a privacy and data specialist at DLA Piper in Brussels. “You can look at France’s use of facial recognition for digital identity in two ways: it goes too far in terms of privacy, or they’re using the most secure new technology. Are they a front-runner or are they overstepping the mark?” To contact the reporter on this story: Helene Fouquet in Paris at [e-mail] To contact the editors responsible for this story: Ben Sills at [e-mail], ;Giles Turner at [e-mail], Vidya Root

[davebowler] 11/9/2019 11:57

See p32. HTtps://quoteddata.com/research/quoteddatas-economic-roundup-september-2019/?utm_medium=email&utm_campaign=QD%20Sep%20Monthly%20-%20Regulated&utm_content=QD%20Sep%20Monthly%20-%20Regulated+CID_64005fa47195ad92dea99c8b09ddb04e&utm_source=Campaign%20Monitor%20emails&;utm_term=read%20article

[grahamg8] 05/7/2019 17:22

Just one read through of the annual report so this conclusion is tentative. Note 9 covers the depreciation and hence residual value - in three and a half years time. Earlier there is a comment that the depreciation is on a straight line basis. Excluding currency adjustments we seem to have £5.1m per year from the current book value of £83.3m. So at the end of the lease the plane in the valuers estimation if my interpretation is correct will be worth £65.4m. Add in the dividends and do bit of discounted cash flow and you can come up with a "correct" share price.

[fangorn2] 18/9/2018 08:56

Ayesha Akbar Fidelity Investments Buying In the current environment, it makes sense to look for funds that are uncorrelated to other assets. Alternatives - a broad asset universe that includes infrastructure, wind farms and hedge funds – can provide this diversification. Tha'’s why we have invested in Doric Nimrod Air Two, a company that invests in aircraft leasing, in recent months. It offers an attractive yield of more than 8% and strong total return prospects. We took advantage when shares were hit earlier this year after negative headlines about the resale value of the A380 planes the firm leases. hTTps://www.ii.co.uk/analysis-commentary/five-fund-managers-give-buy-hold-and-sell-tips-ii506770/?&utm_source=IBMW&utm_medium=email&utm_campaign=ii_weekend_newsletter_150918&utm_source=IBMW&utm_medium=email&utm_campaign=ii_weekend_newsletter_150918_&utm_content=&spMailingID=4117741&spUserID=MTIxNjc2NDQyNTkyS0&spJobID=1110768798&spReportId=MTExMDc2ODc5OAS2

[skyship] 21/8/2018 14:33

An impressive rise on the back of a full page article in Moneyweek (27th July issue).

[grupo] 22/2/2018 12:03

Science & Environment Ancient Britons 'replaced' by newcomers By Paul Rincon Science editor, BBC News website 21 February 2018 Share this with Facebook Share this with Twitter Share this with Messenger Share this with Email Share Image caption Beaker pottery starts to appear in Britain around 4,500 years ago The ancient population of Britain was almost completely replaced by newcomers about 4,500 years ago, a study shows. The findings mean modern Britons trace just a small fraction of their ancestry to the people who built Stonehenge. The astonishing result comes from analysis of DNA extracted from 400 ancient remains across Europe. The mammoth study, published in Nature, suggests the newcomers, known as Beaker people, replaced 90% of the British gene pool in a few hundred years. Lead author Prof David Reich, from Harvard Medical School in Cambridge, US, said: "The magnitude and suddenness of the population replacement is highly unexpected." The reasons remain unclear, but climate change, disease and ecological disaster could all have played a role. People in Britain lived by hunting and gathering until agriculture was introduced from continental Europe about 6,000 years ago. These Neolithic farmers, who traced their origins to Anatolia (modern Turkey) built giant stone (or "megalithic") structures such as Stonehenge in Wiltshire, huge Earth mounds and sophisticated settlements such as Skara Brae in the Orkneys. But towards the end of the Neolithic, about 4,450 years ago, a new way of life spread to Britain from Europe. People began burying their dead with stylised bell-shaped pots, copper daggers, arrowheads, stone wrist guards and distinctive perforated buttons. Co-author Dr Carles Lalueza-Fox, from the Institute of Evolutionary Biology (IBE) in Barcelona, Spain, said the Beaker traditions probably started "as a kind of fashion" in Iberia after 5,000 years ago. From here, the culture spread very fast by word of mouth to Central Europe. After it was adopted by people in Central Europe, it exploded in every direction - but through the movement of people. Monument builders Prof Reich told BBC News: "Archaeologists ever since the Second World War have been very sceptical about proposals of large-scale movements of people in prehistory. But what the genetics are showing - with the clearest example now in Britain at Beaker times - is that these large-scale migrations occurred, even after the spread of agriculture." The genetic data, from hundreds of ancient British genomes, reveals that the Beakers were a distinct population from the Neolithic British. After their arrival on the island, Beaker genes appear to swamp those of the native farmers. Prof Reich added: "The previous inhabitants had just put up the big stones at Stonehenge, which became a national place of pilgrimage as reflected by goods brought from the far corners of Britain." Image copyright Getty Images He added: "The sophisticated ancient peoples who built that monument and ones like it could not have known that within a short period of time their descendants would be gone and their lands overrun." The newcomers brought ancestry from nomadic groups originating on the Pontic Steppe, a grassland region extending from Ukraine to Kazakhstan. These nomads moved west during the Neolithic, mixing heavily with established populations in Europe. The Beaker migration marks the first time this eastern genetic signature appears in Britain. Archaeologist and study co-author Mike Parker Pearson, from University College London (UCL), said Neolithic Britons and Beaker groups organised their societies in very different ways. The construction of massive stone monuments, co-opting hundreds of people, was an alien concept to Beakers, but the Neolithic British community "has that absolutely as its core rationale". "[The Beaker people] are not prepared to collaborate on enormous labour-mobilising projects; their society is more de-centralised," said Prof Parker Pearson. "We don't have a good expression for it, but the Americans do, and that is: nobody is willing to work for 'The Man'." 'Neolithic Brexit' The Beaker folk seemed to favour more modest round "barrows", or earth burial mounds, to cover the distinguished dead. The group is also intimately associated with the arrival of metalworking to Britain. Prof Parker Pearson commented: "They're the people who bring Britain out of the Stone Age. Up until then, the people of Britain had cut themselves off from the continent - 'Neolithic Brexit'. This is the moment when Britain re-joins the continent after 1,000 years of isolation - most of the rest of Europe was well out of the Stone Age by this point." What triggered the massive genetic shift remains unclear. But a paper published in PNAS journal last year suggested a downturn in the climate around 5,500 years ago (3,500 BC) pushed Neolithic populations into a thousand-year-long decline. Image copyright SPL Image caption Neolithic people built sophisticated settlements at Skara Brae in Scotland Dr Steven Shennan, from UCL, who co-authored that study, told BBC News: "In Britain, after a population peak at around 3,500 or 3,600 BC, the population goes down steadily and it stays at a pretty low level until about 2,500 BC and then starts going up again. Around 2,500 BC the population is very low and that's precisely when the Beaker population seems to come in." The reasons behind this slow population decline were probably complex, but the temporary downturn in the climate caused a permanent change in the way people farmed. One possibility is that the over-exploitation of land by Neolithic farmers applied pressure to food production. Plague question But disease may also have played a role in the population shift: "We have some intriguing evidence that some of the Steppe nomads carried plague with them," said Lalueza-Fox. "It could just be that the plague went with these migrants into Britain and the Neolithic population had not been in contact with this pathogen before." Whatever did happen, Prof Parker Pearson is doubtful about the possibility of a violent invasion. The Beakers, he said, were "moving in very small groups or individually". He explained: "This is no great horde, jumping in boats en masse... it's a very long, slow process of migration." Furthermore, the incidence of interpersonal violence appears to be higher in Neolithic Britain (7%) than it was in the Beaker period (1%) The Nature study examines the Beaker phenomenon across Europe using DNA from hundreds more samples, including remains from Holland, Spain, the Czech Republic, Italy and France. Another intriguing possibility links the Beaker people with the spread of Celtic languages. Although many linguistics experts believe Celtic spread thousands of years later, Dr Lalueza-Fox said: "In my view, the massive population turnover must be accompanied by a language replacement."

[grahamg8] 04/2/2018 17:40

Emirates have already ordered 20 more A380 + options on a further 16. Delivery to start in 2020. Demand for spares from ex lease planes should be more secure and hence price of a 'used' one at around $100m is more secure.

[davebowler] 27/1/2018 17:22

http://citywire.co.uk/investment-trust-insider/news/trust-watch-pay-day-but-jet-fund-values-not-plane-simple/a1087025?ea=252901&re=52114&utm_source=BulkEmail_Investment+Trust+Insider+Weekly&utm_medium=BulkEmail_Investment+Trust+Insider+Weekly&utm_campaign=BulkEmail_Investment+Trust+Insider+Weekly

[fangorn2] 18/1/2018 20:04

Big "IF" this additional Emirates order. But POO is riding high so must be chucking out the cash - decent odd on an additional order(which will be suitably discounted) Chance of Emirates going bust - minimal one suspects.National prestige etc. S continues to fall - every chance.Is it at parity to Euro, ££, yen or other major currencies???? Any forex afficionados out there? Residual value will be A LOT Lower than their estimates. the absence of demand in itself evidences this likely outcome.

[grahamg8] 18/1/2018 17:09

If we get an Emirates order for more A380's then all The DNA shares should rise sharply, DNA1 by the most. general risks - Emirates go bust, $ continues to fall in value (down 10% in past year) but the big one is that the residual value of a used plane falls sharply. Currently DNA has a total return to the end of the lease of around 15%pa based on $104m and an exchange rate of $1.3733/£. The break even figure is around $33.9m. The end of March update should give us a new valuation. Topped up, and intrigued that DNA2 actually rose on the day we went XD which puts it well out of step with the other editions.

[danieldruff2] 16/11/2017 07:24

First leased A380 is returned to leasing company and put into storage hTtp://www.telegraph.co.uk/travel/news/first-airbus-a380-goes-into-storage-returned-by-singapore-airlines/

[danieldruff2] 13/11/2017 10:31

Emirates goes cold on A380 hTtps://www.cnbc.com/2017/11/13/emirates-says-it-could-buy-more-airbus-a380s-in-future-after-opting-for-boeing-in-surprise-deal.html

[grahamg8] 06/11/2017 17:40

The Bloomberg article gives me great comfort. It's the first independent view on the future value of the planes and is dead in line with the DNA figures - $110m at launch and $104m now. We still have five years to go but the shares should eventually start showing a price rise on asset value, not just pinned on the dividend yield.

[waldron] 20/10/2017 16:09

Http://www.bbc.com/news/health-41588613

[grupo] 03/10/2017 10:28

ancestry dna Http://www.bbc.com/news/business-41470581

[danieldruff2] 27/7/2017 13:08

A380 production cut again hTtp://www.telegraph.co.uk/business/2017/07/27/airbus-cuts-a380-production-doubts-grow-future-superjumbo/