Gama Aviation Share Discussion Threads

[escapetohome] 24/6/2020 09:08:34

I had this on my monitor list, but missed the very bottom.

Im in now though.

I put a limit order in too.

[rhomboid] 23/6/2020 18:41:08

Good evening Rivaldo...Who are Rozzi business inc?

Panama based doesn’t suggest the highest standards of probity?...or are they the exception?

[mfhmfh] 01/6/2020 15:04:32

2 seemingly positive RNSs today.

[rivaldo] 30/4/2020 22:44:47

A series of RNS's tonight - Panama-based Rozzi Business Inc have bought almost 8%, or 5m shares, of GMAA in the last six weeks (presumably taking up Downing's sales):



A precursor to a bid perhaps?

[rivaldo] 28/4/2020 10:41:41

Bottom-fishing buying coming in - and happy to pay well over the odds at up to 45p, way above the published offer price.

[rivaldo] 10/3/2020 08:50:15

Today's encouraging news hasn't been flagged up on ADVFN's Portfolio, so here it is for the record in case anyone missed it:



"Airops Software ("myairops") secures USD$2.5million software sale

Gama Aviation, the global business aviation service provider, announces that its Global Services subsidiary Airops Software Ltd (trading as myairops) has secured a USD$2.5million Software as a Service (SaaS) contract with one of the world's largest business aviation operators. The system is live and provides comprehensive fleet management, crew rostering and maintenance planning capabilities in support of a large fleet operation.

The three-year contract is the largest single deal yet signed by myairops, following a substantial investment in its SaaS platform by the Group.

Commenting on winning the contract, Marwan Khalek, Chief Executive of Gama Aviation said:

"We are pleased with the market traction being achieved by myairops, demonstrated by the confidence placed in the platform by one of the world's largest business aircraft fleet operators. It is another example of our strategic organic investment into innovative services that simplify business aviation."

[jeevsje] 03/3/2020 17:27:25

Interesting article:

hxxps://www.flightglobal.com/helicopters/gama-aviation-sets-sights-on-expansion-of-helicopter-services-portfolio/137059.article

[1activeinvestor] 03/3/2020 13:46:06

Biz flights up for certain as more go private to stay safe. Should be a big boost for Gama, and now that their cash flow problems are resolved, the share price is due for a correction.

[rivaldo] 03/3/2020 13:27:59

Looks like good news. To get $33m for the 24.5% stake in Gama Signature reflect well against the now £36m m/cap.

WH Ireland interestingly say this morning that the disposal will be earnings-enhancing going forward.

And that's against their previous forecasts of 12.6c EPS for last year and 13c EPS this year.

Also anecdotally I've been reading that the coronavirus alert has strongly benefited private aviation, for obvious reasons.

WH Ireland conclude today:

"WHI view: We view this move as strategically very sensible for Gama given its
minority ownership in a business that we forecast would have generated EBIT of
$4m in FY 2020E for the group and that is set to bring in cash of c.80% of Gama’s
current market capitalisation over the next four years. The group retains its
higher margin US Ground business, which illustrated strong growth at the time of
the interims in September.

We will review our PBT/EPS expectations to take account of this transaction at the time of the FY 2019E full year results (WHI est.FY 2019E PBT $10.0m, EPS 12.6c, FY 2020E PBT $10.5m, EPS 13.0c), whilst noting that this transaction should give investors confidence in the underlying value across the wider group."

[jeevsje] 03/3/2020 09:51:09

Look at those 10k buys. Once the large order is filled at 57p, the brakes will come off and we move above £1.

[jeevsje] 03/3/2020 09:31:50

Large order being filled at 57p.

[jeevsje] 03/3/2020 09:19:36

$33million sale for a company with a market cap of £36million which is also profit making.

[davebowler] 03/3/2020 09:13:20

Gama Aviation sells its US Air associate

Gama Aviation, the global business aviation service provider, today announces the sale of its US Air associate, Gama Aviation LLC (doing business as "Gama Aviation Signature") to Wheels Up Partners Holdings LLC ("Wheels Up").

Gama Aviation Signature is owned 49% by GB Aviation Holdings LLC, a joint venture between the Group and Signature Aviation Plc, with the remaining 51% held by the Group's US partners.

Gama Aviation will receive consideration of USD$33m, comprising USD$10m in return for its 24.5% equity interest and USD$23m for accelerated branding fees and other trading related considerations.

USD$13m of the total purchase consideration is to be paid in cash at closing, with the remaining USD$20m to be paid in cash, with interest, in eight equal six-month installments over the next four years.

The transaction is expected to be accretive to underlying earnings to FY2020 and FY2021 as well as resulting in a one-off profit on disposal of the equity interest. [1]

As part of the transaction, GB Aviation Holdings LLC has licensed the continued use of the Gama Aviation Signature brand for up to two years. The Group has additionally entered into a five year non-compete agreement with Wheels Up in respect of its FAA Part 135 charter operations in the USA.

The Group intends to use the proceeds from the sale to continue to execute its strategic objectives through its organic and acquisitive growth investments, further consolidating the fragmented business aviation market.

Commenting on the transaction, Marwan Khalek, Chief Executive of Gama Aviation said:

"We are pleased to announce the sale of our US Air associate. Strategically divesting minority investments simplifies our corporate and financial structure allowing us to further reinvest in growing the Group's wholly owned subsidiaries in line with our strategic objectives."

[jeevsje] 03/3/2020 08:52:06

This has moved from 50s to above 100p previously. The $33million sale was excellent value.

[jeevsje] 03/3/2020 08:20:39

I think the sale RNS was missed by a few people, being after hours. Should move to 90s, where the chairman was buying last year. Not many shares in issue.

[jeevsje] 02/3/2020 18:18:56

$33million sale announced. Tidying up the corporate structure for the imminent takeover.

[jeevsje] 14/2/2020 14:05:12

Surprised that they did not announce the improved terms on the loan last November. Not as far as I can see anyways.

[mfhmfh] 13/2/2020 15:52:21

finally some news

[1activeinvestor] 10/2/2020 19:35:09

The management may well try to take the company private. Having raised £50m last year, the current market cap for an MBO will look attractive to them. Shareholders who trusted management will have been (or have been?)fleeced. There are reputational issues at stake for the Chairman, AiM and the broker of course.

[jeevsje] 10/2/2020 11:07:10

Still, muted response from company.

[2marinov] 07/2/2020 14:07:12

After hitting 25% lost for three months I sold out, I cut the loses. It could be the best company but I am out. I wish good luck to all shareholders.

[reddevils1] 07/2/2020 11:58:35

Hutch and the CEO clearly concert parties and aren’t bothered by the valuation. Minority shareholders will get no joy here.

[igbertsponk] 06/2/2020 09:13:34

Hutchison at 29% can't buy any more. And who'd want to invest when Hutchison have 29%?
Only one way of this share - down until Hutchison take it out for pennies.

[1activeinvestor] 05/2/2020 18:47:38

I suspect the share price is dropping because the business is running out of cash