possible growth through 'more acquisitions likely' as stated on RNS
Not sure where the growth will come from and forward P/E is already looking fully valued. I'm not too surprised about the SP descent post-results - seems to happen each time. The fuel price will have almost zero impact to their bottom line as the restated revenue figures suggest this is passed through to the aircraft owners with no mark-up - so likely not for HGR8's benefit. The revised revenue recognition from now on will give them the perception of sales growth - but where will the margin come from? I think the Ebola thing is short lived and a quick Google session suggests that this service is not unusual - and that governments are generally making their own provisions for isolation cases. Also the impact of any improvement in spot charter seems negligible again possibly because the benefits passed through to the owners, with a zero or minimal mark-up, further diluting the margin.
12 Nov '14
Ex-cash P/E of only 9.4
With 49p per share in cash, HGR8 looks even better value - that's 281p (taking 49p off the current share price) against the 30p EPS current year forecast, an ex-cash P/E of only 9.4, News just out - HGR8 to start transporting ebola patients....pretty lucrative I'd have thought: Http://www.oxfordtimes.co.uk/news/11594872.City_jet_operator_set_to_carry_patients/ "City jet operator set to carry patients First published 3 hours ago KIDLINGTON-based private jet operator, Hangar8, has equipped a plane to specifically transport Ebola patients in Africa. The Bombardier Challenger long-range aircraft will fly out to Sierra Leone tomorrow to carry medical supplies from the company’s base at Oxford Airport, Kidlington. The plane, which is owned by an aircraft leasing company, was delivered two weeks ago. Hangar8 chief executive and founder, Dustin Dryden, said: “We have an aeromedical division in Africa. Moving critical patients is something we’ve been doing for a long time.” Although the plane can carry up to two Ebola patients at once, it will start with a single patient. While many private jet operators only carry the patients, Hangar8 also supplies a doctor and paramedic to travel with them. Mr Dryden said: “We are the first port of medical care.” The plane will be used to carry Ebola patients within Africa, or to repatriate workers to European hospitals for treatment. Mr Dryden said multi-national companies had a legal duty of care to protect their staff against diseases such as Ebola. . In addition, having a plane equipped to fly them back home provided a sense of reassurance, even if it was not used by their staff, he added."
10 Nov '14
you have given me heart attack! the divi is actual 2.3p not £2.3
10 Nov '14
RE: Buying opportunity
Nice shooting star today. Trend line providing good support, making me more positiver about sp.
8 Nov '14
IMO the sp drop in the last two days provides a fantastic entry point. I'm tempted to wait a little bit more and see if 295p provides a stronger support though.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.