Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Yes couldn't have put it better myself!
If i was a fan of conspiracy theories i might think that announcing to the world that the new variant was 'out of control' was just to cause a distracttion to the main event, scheduled on 1 jan ;) I feel sorry for everyone stuck down there but as pointed out, a gift for AIR shareholders i think.
Merry Cchristmas all.
I think this first real test for Brexit amply demonstrates the inadequacy and completely underprepared response by police, customs, and government. The old bill are no help wandering about issuing parking tickets to lorries with no where to go like beached whales on roundabouts, country lanes, supermarket car parks and crumbling lay-bys. A total shambles. Manston airport is being completely misused as a lorry park. Its about a 50 minute drive on a clear day from Dover. The M2 from London to trendy Whitstable and Margate can't handle the holiday traffic never mind extra haulage being taken in completely the wrong direction off the M20. I've got a novel idea why not use Manston as an airport. It has the longest runway in the uk because thats what it is, an airport not a lorry park for thousands of lorries with no facilities. Its got to be a lot quicker, more reliable and I doubt more expensive when you add in time saved and product saved .
"Air Partner, one of the world's largest air charter providers, also told the BBC it had seen a growing number of requests.
"If the situation in Dover continues, it's not impossible that some businesses will consider air freight for lower-value perishable goods, such as fruit and vegetables, or risk losing their stock altogether," said chief executive Mark Briffa.
The boss of the UK-based firm added that the current closures were "forcing businesses" to carry out back-up plans they might have had in place for a potential no-deal Brexit after the transition period ends on 31 December."
https://www.bbc.com/news/business-55414807
Never seen so many vapour trails off the Kent coast today. Someones doing a lot of flying even if they can't land anywhere. Perhaps we're doing airdrops on Macron
The next few weeks could be spectacular for Air Partner. Here's why:
1. Brexit related freight chaos
2. Tier 4 related freight chaos
3, The French ban on accompanied freight (all the trucks via dover), RoRo traffic (this is huge)
4, Chaos already ensuing at Felixstowe due to the pandemic and Brexit related stockpiling.
What all these mean is that demand for chartered air freight is going to be huge. It's the only way to get goods into the EU, and back from the EU that are critical. Air freight is considered 'unaccompanied' as it's simply carried airport to airport with freight forwarders handling it at either end. The airport to airport leg is where Air Partner come in.
Never seen an A trade that big (sell 249,000ish)that wasn't an uncrossing trade before. Glad thats off our chest
Quite agree with him. There was an article yesterday about the safety of aircraft and a concerning lack of flying time for pilots. This how Air started its business retraining RAF pilots to become commercial airline pilots. Absolutely tailor made for this current situation.
The trouble for small companies is its so easy for anything they say to the press to be taken the wrong way. CNC yesterday reported trading ahead of market expectations after an update in august suggesting lack of visability and a slight fall in revenue although a record order book! The shares fell off 30% of the last few months and then bounced 15% yesterday. This is the nature of irrational AIM market. Hard to get the news flow right. Obviously they can't give a running commentary on business activity but sometimes maybe a bit too quiet after downplaying forecasts.
"Air Partner – this undervalued group is capitalised at just £43m, has £18m net cash in the bank, is making £10.5m profits this year and its shares are trading on less than six times earnings.
In about a month or so we will see the trading update for the year to end-January 2021 for this tiny but global aviation services group.
It is one of the few companies to have done well during the Covid-19 crisis.
The current year saw a strong first half to the end of July but could well see a weaker second half. Even so its brokers reckon that this £43m company will have made some £10.5m profits for the year."
https://masterinvestor.co.uk/equities/air-partner-is-flying-below-the-radar/?mc_cid=e321befc21&mc_eid=81413ed9af
I can see why Lord Lee is such a fan. I have been sifting through mismatched companies where the sp seems quite ludicrous compared to actual value. This has to be one of the biggest. First of all the fundamentals. The enterprise value is a staggeringly low one third of its capital value. Its Roe And Roce value are both around 20%. I know the boss man said I wasn't going to make the extra ordinary profit from the first half but he thought they would still be profitable in the second half. It remains to be seen just how much of an understatement that turns out to be. Give that there was substantial increase in interest in Jet card which is not included in the balance sheet. I accept that not everything is rosy with all parts of the business but I can't believe the overall business can be as flat as the sp suggests
Heathrow 3rd runway to be approved tomorrow.
Air Partner (via Redline) were involved in the consortium initially before it was declined initially.
i'm wondering when this stock will get back on track?? i would have thought that the covid mess wouldn't have effected the price as much as it has given Air's unique position in the sector
Sorry for the upside-down exclamation mark, the " ¡ ".
I use a Spanish keyboard and that symbol is right next to the " ' ".
A mistake anyone can make, ¿verdad?
Here is an article from the FT in which Lord Lee refers to increasing further his stake in AIR at 62p. I seem to recall two buys going through at 62p, of about 60,000 shares each, only a few weeks ago. I assume they are the ones he mans.
https://www.ft.com/content/93f4af7b-e8c3-4c16-b911-d69f6a406da9
Jane
Thank you for your posts it’s appreciated
https://www.cv-library.co.uk/job/212822179/German-Speaking-Marketing-Manager
This time Redline developing e-learning.
https://www.cv-library.co.uk/job/212772859/eLearning-Instructional-Designer-and-Developer
Leading aviation services provider and private jet charter expert Air Partner will be participating in a virtual panel discussing the future of the post-Covid flight experience as part of the CTW Asia-Pac conference. Air Partner CEO Mark Briffa will take part in the ‘Readying for Take Off’ panel on Thursday 19th November 2020 at 09:00 – 10:00 SGT (01:00 – 02:00 GMT). Mark will be leveraging his thirty years of industry experience to discuss how the private charter industry has responded to the global pandemic and how it is working toward continued recovery, as well as issues around changes to the airport safety and security environment. Mark will be joined by Sanjeev Kumar, Vice President Airports and Borders SITA, and Tunnasorn Kosanan, Sales Management Bangkok Metropolitan and Vicinity Department Thai Airways International PCL, on the discussion panel.
Those unable to join the live discussion will be able to access the video via the dedicated event YouTube channel or via the website.
More information around the industry-first event, including registration details and panel timetables, can be found at the dedicated CTW Asia-Pac conference website. More information on Air Partner’s market leading services can be found at https://airpartnergroup.com/
https://www.aviationpros.com/aircraft/business-general-aviation/press-release/21162950/air-partner-air-partner-ceo-mark-briffa-discusses-aviation-industry-postcovid-recovery-as-part-of-ctw-asiapac-event-panel
Great. Thanks for the application form Jane! Should be a hotly contested position I would imagine
https://airpartnergroup.com/careers/current-opportunities/director-of-group-freight/
This artile, about Emirates converting A380 aircraft into air freighters, indicates that there ought to be opportunities for AIR as the coronavirus pandemic continues to rage and governments become ever more edgy in the face of restless populations.
"The conversion of the A380 was immediately in response "to the surge in the demand for air cargo capacity required for the urgent transportation of critical goods, including medical supplies for combatting COVID-19 in regions experiencing a second wave of the pandemic,"
https://www.zerohedge.com/medical/emirates-converts-a380-superjumbos-mini-freighters-haul-medical-supplies-amid-second-wave
The urgency of transporting supplies of vaccines all over the world next year ought also to then provide further opportunities for AIR.
The party is not over, imo.
I think the market has missed the fact that these guys are classic entrepreneurs, who have proved themselves in very challenging times. OF course their are risks and they are relatively small but also quite well diversified. With all guns blazing they certainly could do very well
From "Simply Wall Street", via Yahoo Finance, for what it is worth.
"Is Air Partner (LON:AIR) The Next Multi-Bagger?"
https://finance.yahoo.com/news/air-partner-lon-air-next-060915926.html
Stripping out the free cash, the PERis actually half that.