Gama Aviation Share Discussion Threads

[jeevsje] 03/3/2021 13:52

Watch out, could see a bagger or two soon.

[theoldcodger] 18/2/2021 23:07

As his entire holding was a freebie (thank you for that info jeevsje), then should I buy a single share, I'll be risking more of my money in the company than he has of his so far. Unfortunately, that means I'm less likely to opening a position myself in the near future, but I'll continue to monitor with interest. TOC

[jeevsje] 18/2/2021 22:40

The 25k were freebies, and hence, your first statement about capital loss should not apply here.

[theoldcodger] 18/2/2021 12:58

Alternatively, he may simply be realizing a capital loss for tax-planning reasons as we approach the end of the tax year and it's a rather puny holding too, but perhaps it is an indication of him expecting better times ahead. I'm watching, but currently do not hold. TOC

[rivaldo] 18/2/2021 11:37

A slightly brighter indication last night - the CFO has plonked his entire shareholding into his ISA, presumably to avoid tax on future gains. Since the CFO should in theory know what's happening better than anyone else this is never a bad thing: Https://www.investegate.co.uk/gama-aviation-plc--gmaa-/rns/director-pdmr-shareholding/202102171748214923P/

[rivaldo] 16/2/2021 08:50

Today's year end trading statement is unlikely to move the dial much here, for the moment anyway. It's encouraging that H2 continued to recover without any adverse surprises, and the big 'special mission' contracts performed well. And cash is reasonably healthy, so GMAA shouldn't have problems on that front, with GMAA able to splash out on the jet East acquisition for $7.7m recently. But it's noticeable there are no actual figures to hang your hat on. Perhaps the results at the end of April will provide a brighter outlook - by then, certainly in the UK given the successful vaccination programme, there should be a clearer picture ahead for the sector.

[escapetohome] 25/1/2021 15:42

Happy to wait this out, put some in my pension.

[escapetohome] 15/1/2021 11:14

You never know the telegraph might include them again in their portfolio. Still have mine.

[twirl] 15/1/2021 10:48

Aye. Good news and still holding on for considerable upside once the covid cloud diminishes.

[aimingupward2] 15/1/2021 10:27

Nice to read some positive news here. I agree very much with your sentiment, rivaldo, expressed in your final paragraph.

[rivaldo] 15/1/2021 08:48

Good news - a synergistic $8.7m acquisition in the USA of a full-service business aviation aircraft maintenance provider: Https://uk.advfn.com/stock-market/london/gama-aviation-GMAA/share-news/Gama-Aviation-PLC-Expansion-of-the-Groups-US-Maint/84099489 I note that this will be earnings-enhancing after the first year of acquisition. Pretty clear they had a rotten 2020 (probably much like GMAA - we shall see), but GMAA will hope they can return to their 2019 performance showing a $1.2m EBIT. I'll hold my relatively small holding here (even smaller these days!) - it keeps my interest up in GMAA, as there could just be substantial upside once COVID begins to fade and if management focus on the basics. Rozzi Business Inc aren't in here now with a large stake just for the love of the business.

[aimingupward2] 11/11/2020 14:42

Yes, this certainly a significant turnaround after along decline in the share price A lot further to go, so a good time to join in.

[escapetohome] 10/11/2020 16:12

Seems the vaccine has done some wonders for the shareprice. Buy low sell high.

[rivaldo] 14/10/2020 10:27

Yep, the Rozzers are now above 18% and will presumably keep buying - either up to 29.99% as a significant shareholder with big influence, or to facilitate a takeover?

[twirl] 13/10/2020 19:30

Rozzi seems convinced

[escapetohome] 08/10/2020 14:41

I hope not. Im not an accountant, but they are winning contracts. Those companies wouldnt buy gama services if they were about to go bust and had concerns over working capital. My guess is they are not going bust soon.

[thomasearnshaw] 08/10/2020 07:02

Potentially going bust i fear

[rivaldo] 10/9/2020 08:22

GMAA have some great long-term contracts with the various rescue/ambulance services, so shouldn't be in any danger of collapse. On the other hand their core airline sector is going to be suffering for some time to come. And yet....maybe help is at hand for the sector from COVID-19 per today's news: Https://www.bbc.co.uk/news/business-54067499 "Covid vaccine: 8,000 jumbo jets needed to deliver doses globally, says IATA 4 hours ago Shipping a coronavirus vaccine around the world will be the "largest transport challenge ever" according to the airline industry. The equivalent of 8,000 Boeing 747s will be needed, the International Air Transport Association (IATA) has said. There is no Covid-19 vaccine yet, but IATA is already working with airlines, airports, global health bodies and drug firms on a global airlift plan. etc"

[escapetohome] 08/9/2020 10:37

Gama Aviation Plc (AIM: GMAA) ("Gama Aviation", the "Group") Gama Aviation awarded Ministry of Defence RAF glider contract Gama Aviation and Atkins, a member of the SNC-Lavalin Group, have been appointed by the Ministry of Defence (MOD) as the organisations responsible for supporting the airworthiness of the Viking T1 - the aircraft used by Royal Air Force (RAF) Air Cadets for basic glider training. The Viking is used at 10 locations across the UK to train Air Cadets to a sufficient standard for them to fly solo. The fleet currently comprises 48 gliders with four additional Vikings expected to be added to operations by the end of 2021. For the next two years, Gama Aviation and Atkins will support the airworthiness of the fleet, providing solutions to any issues that may arise around design standards and technical queries. Scott McVicar, Managing Director, Europe Ground at Gama Aviation, said : "We're proud to be working with Atkins to support this platform and its valuable mission to aid the next generation of aviators to build their flying skills safely." David Clark, Aerospace and Defence Market Director at Atkins, said : "By supporting the continued airworthiness of the Viking training glider, we're proud to be helping foster an interest in the aviation industry for Air Cadets. This appointment builds on our strong history in aircraft safety and we look forward to combining our technical expertise with the latest digital innovations to keep the Viking fleet in the sky." Since 2014, Gama Aviation and Atkins have collaborated on providing aircraft safety certification and are currently responsible for conducting Military Airworthiness Reviews for the RAF's HQ Air Command and The British Army's Joint Helicopter Command. Gama Aviation provides special mission services to law enforcement, defence, air ambulance and other government services. In 2020 the Group has announced new contract wins with the RAF, Joint Helicopter Command, the Home Office and the air ambulance contracts with the Government of Guernsey and the Government of Jersey. ENDS

[escapetohome] 08/9/2020 10:36

Telegraph downbeat. At the bottom of the cycle, typical error. I bought these shares. Reason to be upbeat. New contract awarded.

[napoleon 14th] 04/9/2020 09:46

Update: Gama Aviation We cannot be so upbeat about Gama, unfortunately. The aviation services business had plenty of troubles even before coronavirus came along. Now the shares stand 84pc below where we added them to the IHT Portfolio on the strength of Downing’s large stake in the firm. The fund manager has now given up and crystallised its loss and we must face the music too. Questor says: sell Ticker: GMAA Share price at close: 36p

[johnsoho] 21/7/2020 10:56

Just now purchased my first small tranche of shares in this company; I think it’s future is probably very profitable O

[s34icknote] 20/7/2020 10:03

Managed to pick up 30000 .Sicknote

[rhomboid] 24/6/2020 18:57

Thanks...I’m still getting Narcos/Noriega vibes...but I’m happy to be utterly wrong