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Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation LSE:GMAA London Ordinary Share GB00B3ZP1526 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +1.78% 114.50p 112.00p 117.00p 114.50p 112.50p 112.50p 30,549 10:20:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 207.4 16.1 22.3 5.1 72.83

Gama Aviation Share Discussion Threads

Showing 1326 to 1349 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
12/12/2018
09:55
These could easily quickly turn around, just look at opg for example.
igoe104
12/12/2018
09:47
Cheers igoe104, beat me to it! Interesting comments from GMAA's chief marketing officer from the first article above: "Daines noted the company’s expected 2018 financial performance caused the markets to react negatively in October, given that it is a listed company, but Gama Aviation does tend to perform better in the second half of years. “The basic fundamentals of the business are really strong,” he said, pointing to two major contracts that are almost finalized. These are “amazing contracts” that he couldn’t divulge, but the work is “ideally suited to Bournemouth,” he added. In terms of the overall business, Gama manages and operates 230 aircraft. The U.S. locations “continue to expand,” he said, as Wheels Up, for which Gama operates a fleet of King Airs and Citations, keeps growing strongly. Finally, Daines said that Gama is doing well in China. “It’s our smallest operating region but there’s plenty of potential,” he said."
rivaldo
12/12/2018
08:33
Gama Pushes Ahead with Saudi Venture Gama Aviation has established a company in Saudi Arabia through a wholly owned venture with an undisclosed local partner, which will give it the opportunity to enter the lucrative market through the management of private aircraft. Richard Lineveldt, Gama Aviation managing director, Middle East, said that the company (Static S8) had required clarity on the changes being introduced by the General Authority of Civil Aviation (GACA) to the regulation of business jets before proceeding with its venture, which obtained regulatory approval in 2017. GACA had originally set March 31 this year as the final deadline for registration changes, but then gave market participants an extra nine months to comply. In the case that pertains to Gama, these call for aircraft to be registered on a GACA operator certificate (OC) under Part 125 for non-commercial (private) operations. New regulations have also been promulgated under Part 121 special unscheduled (SU, previously known as GACA Part 135) for commercial charter operations. “The Saudi authorities have changed some of the regulations, in terms of the operational structure [of business aviation]," Lineveldt said. "Initially, our main concern, because we had clients affected by it, was the change from Part 91 to Part 125. You can as an individual go and apply for your own Part 125 certificate or you can go with traditional management companies. We saw a potential business opportunity there because it is the largest market in the region, so we established a company in Saudi Arabia, which has obtained operating approval Part 125. So for the past year, we’ve had this approval, and we have slowly started to get the word out about it and hope it will be attractive to various clients." Lineveldt said the company is based in Jeddah, where the majority of its clients are located and from where most of the aircraft located in Saudi Arabia tend to operate. “We are [moving in] the traditional way in which Gama sets itself up in new territories. The shortest route to growing the local business to is to establish a private management business there. The next step is to install other avenues, charter being one of them,” he said. “We haven’t started to work on the charter certificate. We will continue to look at the demand for aircraft charter [in Saudi Arabia] but our core business around the world is [managing] private aircraft for individuals and corporations. We will look to branch out into the rest of the services Gama offers, including maintenance and FBO.” Lineveldt said Gama’s entry into the Saudi market was a prudent first move pending eventual development of a complete portfolio of services. He also implied that the Saudi market needed new blood. “This is a very good time for Gama to come in as a well-established brand into the kingdom. We don’t have a legacy in Saudi Arabia. The market is calling out for a large, established operator of a reputable brand with no legacies
igoe104
12/12/2018
08:21
With news of the two excitung contracts to come in anytime, MMs have put limit on buy orders. NT to buy.
jeevsje
11/12/2018
16:21
Hi Gents a couple of links worth reading here. https://tinyurl.com/y9cjfdym https://tinyurl.com/ybb4fk8m
igoe104
11/12/2018
14:36
Thoughts, Rivaldo? Looks like MMs got whiff of the incoming news and in usual fashion, played the fear card on holders. Back to highs soon.
jeevsje
11/12/2018
14:05
Just click on the little arrow by my name - you'll see a Send Message option.
rivaldo
11/12/2018
13:53
I have to send you something in private. What's the best way to do that?
jeevsje
11/12/2018
13:46
Er...I am now :o)) Any particular reason?
rivaldo
11/12/2018
13:12
Rivaldo, are you there?
jeevsje
07/12/2018
15:11
GMAA at 110.5 are on a P/E of just 6.6 for the year about to end of given revised forecasts of 21.3c EPS. Hopefully this is now the low, even in these markets! I was also at Mello and agree with dangersimpson2's summary. I was one of those disappointed with the CEO's presentation. In the presentation itself he wasn't clear regarding the reasons for the warning, and he seemed less generally upbeat than he was at Mello Derby. However, speaking to him afterwards it became apparent that in his view the miss was due to a combination of small factors coming together into a bigger hit. He seemed confident that GMAA would trade their way through this. GMAA still has a lot to offer imo, especially at the current m/cap, but they have to show that this year's big investment phase will pay off, and they have to do this asap to regain the market's trust.
rivaldo
05/12/2018
15:36
Just wondering if Mello had the opposite effect..
sirgainalot
05/12/2018
15:30
Thanks for that. Mello didn't do much for Gamma, a bit like ALT...
napoleon 14th
05/12/2018
10:44
I thought the mello presentation was ok, gave a lot of background to the company and re-iterated the point that they are not asset owners they are asset managers. As a global business, Brexit impact would be minimal, although they are exposed to the global economy. Several other investors I spoke to were critical of the CEO for failing to get the key message across which is that they missed their forecasts because they didn't complete the acquisitions they hoped to and the forecast numbers included acquisition related revenue. They also found his presentation style a bit underwhelming. Personally I prefer careful & thoughtful to enthusiastic & promotional but can see why others might want a bit more vim.
dangersimpson2
27/11/2018
21:42
Any news about GMAA at Mello?
napoleon 14th
22/11/2018
12:25
Here is the chance to meet with Gama Aviation: Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London. Http://melloevents.com/mello-london/ Tickets are normally priced at £99 for two days and £79 for one. Type in ADVFN25 as the discount code. Many Thanks and take advantage of this premium offer. See you there.
advfn_sales
09/11/2018
09:27
Questor in today's Telegraph says Hold: Https://www.telegraph.co.uk/investing/shares/questor-one-aim-stocks-has-lost-50pc-value-holding/ Extract: "Questor Inheritance Tax Portfolio: Gama Aviation needs to sharpen up its act but the business still has a lot of potential ....We asked Nick Hawthorn of Downing, whose holding of Gama prompted our original tip, for his reaction. He said his firm had not sold any of its shares but described the trading update as “very disappointing”. He said investors’ expectations had been poorly managed after Gama raised £48m from shareholders in March. Hawthorn attributed the profits warning to increased expenditure in pursuit of growth that had yet to produce returns. He said the firm’s decision to pursue organic growth, rather than acquisitions, in its American operations would be slower to achieve results but progress was being made and returns on investment would be better in the long run. “We believe the business has attractive attributes such as visibility on management fees and maintenance contracts and global scale, which brings a competitive advantage and barriers to entry,” he added. “We think there are also potential margin improvements available across the business.” He pointed out that various exceptional costs should fall away over the coming months, which should result in “cleaner” financial results. A new finance director should provide “further financial rigour” and enable the company to improve forecasting and the setting of “achievable expectations”, Hawthorn said. For the moment we will hold on."
rivaldo
07/11/2018
08:26
Downing Micro-Cap Trust issued their latest monthly Investment Letter this morning. They remain confident in GMAA's prospects.... "Gama Aviation In October, Gama announced that their 2018 full year results are likely to be $3 million behind expectations which would mean an underlying operating profit of around $17-17.5 million. We think that this will make them broadly flat versus 2017. This is very disappointing post the fundraise where expectations do not appear to have been managed appropriately. We think the downgrade is a combination of lower than expected growth combined with higher costs from operational investment, on the back of the growth strategy, which hasn’t yet generated the expected revenue. Additionally, there has been some disruption in the business from changes like the move to Bournemouth. Regardless, there have been some positive developments against our long-term investment thesis. Firstly, there has been progress in the US identifying the new base maintenance locations. Gama has chosen to go down the route of organic expansion which, whilst slower to generate returns, should generate a higher return on invested capital over the long term. Secondly, the Air division has demonstrated modest gross profit growth in the newer regions Asia and the Middle East which we crudely infer as an increase in the fleet and/ or management fees. The US also demonstrated a small uplift in gross profits. Thirdly, the Ground business, whilst disappointing in Europe particularly, has some positive catalysts, not least the Bournemouth move which is expected to bring efficiency savings over the long term. The interim results were negatively affected by one off exceptionals of $4.3 million. There were additional discontinued items which we now expect to drop away bar some onerous lease costs in Oxford which should run off from mid next year. The result should be cleaner financials going forwards, which is good progress. We believe the business has attractive and investible attributes such as the visibility on management fees and maintenance contracts and global scale which brings a competitive advantage and barriers to entry. These quality aspects should be leveraged by management. There is also the opportunity to grow by selective acquisition or, as above, by organically widening the service offering in established regions. This type of growth may be accompanied by an underlying business which is growing less than expected but which, nevertheless, has good long-term drivers. We think that there are also potential margin improvements available across the business which would offer an additional route to earnings progression. We think that the introduction of a new full time CFO, effective from September, will provide further financial rigour. This should hopefully lead to the company underpromising and overdelivering as management become more adept at internal forecasting and setting achievable expectations."
rivaldo
02/11/2018
09:26
Downing Microcap reported results this morning - and had this to say about GMAA. WH Ireland's forecast for the year about to end is now 21.3c, or 16.5p EPS, giving a current year P/E of 7.4: Https://www.investegate.co.uk/down-microcap-invtst--dsm-/rns/half-year-report/201811020700021107G/ "Progress against investment case Gama reported flat interim results followed by a trading statement which indicated that underlying profits were going to be behind for the year and, we think, about in line with last year. Whilst we expect that some delayed contracts from the first half did begin coming through in the second half, these had not been enough to offset the lower than expected growth elsewhere combined with the higher costs associated with the current investment phase. Overall, it feels like management underestimated the disruption and costs involved in the growth plan. The business is well financed post the fundraise and has attractive attributes where we think there is a real competitive advantage to Gama. We hope to see demonstrable focus on maximising these as a priority. The new CFO joined in September and we have so far been impressed with his knowledge of the operations. We think that the business will benefit from his financial rigour and independent thought."
rivaldo
30/10/2018
10:28
Follow the cash flow - don't believe the P&L. Look at non-recurring, exceptionals etc over the last three years and that is where the story is told. In the announcement yesterday the CASL acquisition looks to have failed - another trend.
1activeinvestor
30/10/2018
10:02
Back from hols to find once again GMAA have disappointed us. Overall they portray the warning as an accumulation of issues rather than anything fundamental, but it's pretty poor that the outlook for the USA has changed so much in just 5 weeks since the interims, when they said "The US continues to grow strongly"...... This particularly given the well-publicised growth shown by partner WheelsUp. The puzzlement is summarised by Liberum's comment yesterday: "We find the weakness reported by Gama as somewhat at odds with strong macro data and high levels of confidence among business jet manufacturers and used aircraft brokers.” I'm wondering if the new CFO (in place on 1st September) has found budgeting errors and over-optimistic assumptions from the old regime which he's now putting right. WH Ireland have have provisionally reduced their 2018 EPS forecast by 19.3% to 21.3c, i.e 16.5p. That's a current year P/E at 125p of only 7.5. I still believe in GMAA and their strategy, but hopefully management can put a floor under this and start to realise the huge potential which is currently being sidelined by delays and the transformation programme taking place. At least the Balance Sheet is sound, with over $20m of cash.
rivaldo
29/10/2018
17:48
Today's drop looked a little overdone. Was buying near the lows. Company has decent cash balance. It is accident prone but its on a low enough multiple and hopefully the Chinese come in with a low ball offer and take it out. The price was already factoring in a profits warning when they flagged up second half weighting so today's initial drop was a little overdone. May take a while for sentiment to return. A lot of sore heads following placing earlier in the year.
horndean eagle
29/10/2018
16:12
I think today's RNS is not a profit Warning but a profit Growth warning and the effect is a 20% drop in the share price. The markets are not forgiving at the moment . It will take a general improvement in global sentiment and the UK in particular as well as a profit increase before the price recovers or grows. Until then shares could be considered relatively good value
camerongd53
29/10/2018
11:00
8% spread on GMAA this a.m. BTW..... Not surprised. Here's a ditty from a sadly departed https://www.youtube.com/watch?v=4p_f7Df2-oM&feature=related Bye bye, GMAA. Maybe see you once you've matured!
napoleon 14th
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
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