Gama Aviation Share Chat (GMAA)

Find Your Broker

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
	-1.50p	-2.13%	69.00p	68.00p	70.00p	70.50p	69.00p	70.50p	24,167	10:21:15

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Industrial Transportation	207.4	16.1	22.3	3.1	43.89

Gama Aviation Share Discussion Threads

Showing 1351 to 1373 of 1375 messages

Chat Pages: 55 54 53 52 51 50 49 48 47 46 45 44 Older

Date	Subject	Author	Discuss
11/2/2019 12:55	They only had a new CFO on the 1st September, that's why they are reviewing the balance sheet and finding these issues. I suspect resignation of chairman and non-exec is due to activist shareholders' response to these revelations from the new CFO. The question is, will the CEO go? I think long-term his position is probably untenable, although I think major shareholders will want a new chairman in place and settled in before any more upheaval.	dangersimpson2	Read Full Thread Reply
10/2/2019 19:56	Don't want to understand, eh? You're just trolling, connard! BBs are for peeps to voice their opinion. If you don't get that, then crawl back under your stone...	napoleon 14th	Read Full Thread Reply
10/2/2019 18:41	listen Nappy, if you dont rate the share bog off back to the bourse	madmonkflin	Read Full Thread Reply
10/2/2019 18:32	Look at the share price, loonymonkflin. You can fold any theory you have if you were caught holding these, & I'm glad I gave GMAA zero cred. having bought 2 or 3 years ago, & sold. That saved me a packet, & in my book, that's the bottom line. As I said : "On the long term watch list." Caveat Emptor.	napoleon 14th	Read Full Thread Reply
10/2/2019 15:56	no idea what you talking about. i havent invested yet but keeping an eye. its got stack of revenue, its profitable, and cash. definitely a takeover target and growth from here. and theres been no accounting mistatement, they had cash and a creditor, simple, now they paid back the creditor. get some right idiots on here who think this company is shot to pieces.	madmonkflin	Read Full Thread Reply
10/2/2019 13:51	Glad I sold at 200p+ - I thought GMAA had become too "jam tomorrow", and sure enough, they're in a jam now! I wouldn't touch these with a barge pole as they could well join the CAKE, Carillion etc story, which we don't know at all yet. Bad news comes in threes. Presuming this is not so bad I'll be looking for a MAJOR boardroom shake-up, bringing in experienced fresh blood, including a competent and honest CFO. Clearly GMAA have to consolidate and put some hard facts on the illusionary low P/E. On the long term watch list.	napoleon 14th	Read Full Thread Reply
09/2/2019 15:54	Same auditor with GT. Results in a couple of weeks. Presumably full disclosure at that point. Given the downgrades, and mysterious cash movements, it will good to see what the actual operating cash flow is before investing. Only reason this hasn’t completely collapsed is it just did the £48m fundraise in Jan 18 and should still be solvent.	1activeinvestor	Read Full Thread Reply
09/2/2019 15:30	I almost bought at £1.20 after listening to Downing at Mello but then forgot about it (very lucky!) and when went back to review saw this latest debacle. This is way too reliant on a big USA customer and with the CAA/EASA in turmoil from BREXIT, there is a real chance that they will not be able to operate as an engineering base or have an AoC for a few months, it will be a bit like the USA government shutdown that delayed everything in aviation and that 'excuse' is probably the next one you will read. It looks cheap on a forward PE but how can there be an $8 million hole in the balance sheet and the CEO is still in the job? Wonder if they buy their onboard cakes from Pattiserie Valerie	growthandincome	Read Full Thread Reply
09/2/2019 15:26	I almost bought at £1.20 after Mello but then forgot about it (very lucky!) and when went back to review saw this latest debacle. This is way too reliant on a big USA customer and with the CAA/EASA in turmoil from BREXIT, there is a real chance that they will not be able to operate as an engineering base or have an AoC until there is a deal done. It looks cheap on a forward PE but how can there be an $8 million hole in tbut there will need to be a board change before anyone has confidence in	growthandincome	Read Full Thread Reply
09/2/2019 15:26	I almost bought at £1.20 after Mello but then forgot about it (very lucky!) and when went back to review saw this latest debacle. This is way too reliant on a big USA customer and with the CAA/EASA in turmoil from BREXIT, there is a real chance that they will not be able to operate as an engineering base or have an AoC until there is a deal done. It looks cheap on a forward PE but how can there be an $8 million hole in tbut there will need to be a board change before anyone has confidence in	growthandincome	Read Full Thread Reply
09/2/2019 12:42	No; flying on a wing and a prayer! :-)	value hound	Read Full Thread Reply
09/2/2019 11:33	I hope you have travel insurance!	1activeinvestor	Read Full Thread Reply
07/2/2019 12:39	Simon Thompson is usually pretty good - but on a "buying the glitch" / point of maximum pessimism type of basis, this looks excellent value to me. Obviously, the BoD have lost all credibility, and you can fully understand Simon T's frustration at having been somewhat hoodwinked, particularly as he re-tipped them as recently as 29th January at 260p; but it's all about the future and the extent to which all this loss of credibility is in the price now. On that basis, as Simon T says, the best we can expect is pre-tax profit of $14m and they'll be flat again next year. But at the current price of 74p, the P/E is 5, this is still a quickly growing business when looked at on a five-year perspective and the balance sheet looks sound enough. I wouldn't blame anyone for having zero trust in GMAA now, but it looks to be a good underlying business and it's all about perspective from the value as it is at this point. Anyway, for better or worse I've bought an economy seat and expect a long and bumpy flight. I think we'll lose a few first class passengers along the way but will ultimately reach our 120p destination.	value hound	Read Full Thread Reply
07/2/2019 10:43	IC also has had enough of the scamhttps://www.investorschronicle.co.uk/comment/2019/02/05/gama-shares-lose-altitude-on-warning/I have completely lost faith in the directors' ability to run this business and am bailing out too. Sell.	lbo	Read Full Thread Reply
07/2/2019 10:39	Who would trust anything this company says after what's transpiredhttp://www.cityam.com/272749/shares-gama-aviation-dive-after-reveals-nearly-8m-accounts	lbo	Read Full Thread Reply
06/2/2019 16:24	It has left the business (the PLC) as Gama Aviation LLC only shares the brand, it isn't owned by the PLC, it's 75% other ownership (happy to be corrected).	sharesinvestor	Read Full Thread Reply
06/2/2019 11:36	hat - I agree that cash has left the company but a future payment to clear the creditor has also gone so in the long run it is neutral However if the company wants to invest in M&A, they have $8m less to play with than they thought.	camerongd53	Read Full Thread Reply
05/2/2019 22:43	$8m of hard cash just left the building. That's significant. New to this share and opened a spread to catch the bounce ..... that never happened today.Seems bad news follows bad news here. Will give it a couple of days and see where it goes.	hatfullofsky	Read Full Thread Reply
05/2/2019 14:06	My holding cosst me under £2.00 so when the price was 260p I was nicely ahead. Now I down about 2/3rds. Not a happy bunny!!! I sought clarification on the RNS. It appears hat this is a balance sheet issue in that cash and creditors have each been over stated in the last accounts by Approx £8m. I was told it did not affect the P&L account which is a great relief!! Therefore today's price fall of 23.5p or 27% would appear to be a massive over-reaction As I am full committed to Gama I will not be buying any more shares, otherwise I would be. Could be a good bet as a short/medium term bet DYOR	camerongd53	Read Full Thread Reply
05/2/2019 09:15	When the financials are opaque beware. That's what finally made me sell at a loss,quite a while ago now, but not nearly as much as it would have been.	corrientes	Read Full Thread Reply
05/2/2019 09:07	What a shambles	lbo	Read Full Thread Reply
05/2/2019 08:01	Hmmmm...looks like the previous FD/accounting team were doing a little creative balance sheet massaging, especially given the timing of the "receipts"? Not good. The only positive is that at least the new FD seems to be taking matters in hand.	rivaldo	Read Full Thread Reply
01/2/2019 13:01	napoleon, Judith has been known to be very proactive. It would not surprise me if she tried to put " her own man " on the board.	roddiemac2	Read Full Thread Reply

Chat Pages: 55 54 53 52 51 50 49 48 47 46 45 44 Older