Gama Aviation Share Discussion Threads

[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:



"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

[escapetohome] 24/6/2020 15:12

ROZZI BUSINESS INC.

Company Number
831257
Native Company Number
831257S
Status
Vigente
Incorporation Date
11 April 2014 (about 6 years ago)
Company Type
SOCIEDAD ANONIMA
Jurisdiction
Panama
Registered Address
DISTRITO PANAMÁ, PROVINCIA PANAMÁ
Panama
Agent Name
PRIME LEGAL SERVICES
Directors / Officers
EFRAIN RAMOS MUÑOZ, director
EFRAIN RAMOS MUÑOZ, tesorero
LA FIRMA CONJUNTA DE CUALESQUIERA DOS DE LOS DIRECTORES/DIGNATARIOS CPN RESPECTO A CUALQUIER ACTO, TRANSACCION O NEGOCIO DE LA SOCIEDAD, OBLIGARA A LA MISMA, persona con derecho a firma
MARIA CAROLINA LOPEZ RODRIGUEZ, director
MARIA CAROLINA LOPEZ RODRIGUEZ, secretario
NASIRA EDRIS HAFEJEE HAFEJI, director
NASIRA EDRIS HAFEJEE HAFEJI, presidente
PRIME LEGAL SERVICES, agent
Registry Page
hxxp://www.registro-publico.gob.pa/co...

[escapetohome] 24/6/2020 09:08

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

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

2 seemingly positive RNSs today.

[rivaldo] 30/4/2020 22:44

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

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

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

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

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

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

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

Large order being filled at 57p.

[jeevsje] 03/3/2020 09:19

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