[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc 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
  0.50 1.28% 39.50 38.00 41.00 39.50 39.00 39.00 8,777 08:03:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 182.0 -4.3 -13.0 - 25

Gama Aviation Share Discussion Threads

Showing 1351 to 1372 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
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
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
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
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
09/2/2019
12:42
No; flying on a wing and a prayer! :-)
value hound
09/2/2019
11:33
I hope you have travel insurance!
1activeinvestor
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
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
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
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
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
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
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
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
05/2/2019
09:07
What a shambles
lbo
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
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
28/1/2019
17:48
RNS today : MI Downing UK Micro-Cap Growth Fund, Downing Strategic Micro-Cap Investment Trust recently upped their stake in GMAA from 6.24% to 7.1%. As I sold well before the latest debacle, I wonder why ? The quoted P/E of 4.15 above is fancyful.......
napoleon 14th
28/1/2019
17:03
I104 I assume you mean the Board not this board ;0) I was lucky sold on an earlier tight stop loss. I will continue to follow as Downing Strat Micro got this wrong too and I quite like what their Judith M is trying to do. May be back to try again if the story changes.
steve3sandal
28/1/2019
13:53
sold out today, at a big loss. just don't trust this board anymore. plus highlighted upcoming results could drag these further down. better places to put your money.
igoe104
24/1/2019
14:29
CEO has been with the company 35 years, its time of some new blood and some fresh ideas? all this investment in the middle east for what ?
igoe104
24/1/2019
14:25
surely the CEO has to go
mfhmfh
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
ADVFN Advertorial
Your Recent History
LSE
GMAA
Gama Aviat..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211016 06:38:20