The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
At it's heart this company is essentially a buy-to-let operation. It borrows money to buy aircraft which are then leased out. For this reason, I don't think it's as simple as saying everything is OK once we return to international travel. The fortunes of this company will depend a lot on the future interest rate environment. Bond yields in US are rising fast and that will increase interest rates globally. Can AVAP generate enough cash to pay interest on loans going forward. At what point does it make more sense for carriers to invest in their own fleet. Just like buy-to-let housing, the business model only makes sense in a low interest rate environment.
Bit perplexed as to the recent flurry out of the door by PIs ..then realised - it's show time tomorrow 25/2/21 ! H1 results + Investor Update.
Surely the worst is over with the agreement with the May 21 bondholders.
The rest - well, we all know that it's going to be a bit ...off - hence the low SP
Get the popcorn out guys and let's enjoy the webcast!
Priced at half its intrinsic value .... I will take some of that!
I agree. Looking at the company latest releases, looks like they have had this under control unless things get much worse which looks unlikely. I sold some 20 months ago so buying back now.
Put it away in the drawer - 1 year later - sentiment will have changed enormously. They're pretty wedged up so dilution not likely unless airlines. Just have to hold it out. Any sniff of travel recovery - this will shoot up. I am actually surprised it is at this level still. There are not many decent recovery plays around, but this is definitely one of the top ones. In short, unless more clients go bankrupt, i.e. an epic disaster, why would AVAP not recover? Travel is inevitable and eveyone is itching to travel again.
Now I really am confused because they are showing on the share trades as a sell.......
Just bought @ 125.20 which was significantly cheaper than I expected?
Here with you Scoobydoo. Not to mention most of their planes are for regional travel which will recover much faster than long haul and leasing planes will be all the rage on the other side of this. And of course as you said, more Asia focused which have not been hit nearly as hard. Massive discount to NAV, and well under the radar. My kind of stock and a fantastic aviation recovery play.
Was looking at this when it was in its 90s but was "oooing and aahhing" with regards to the looming bondholders' call. Silly enough, did not even notice the RNS. Now all sorted with bondholders.
Anyways, managed to get in albeit a little more than I had wanted. This is my play on travel sector. Their exposure is NOT Euro-centric but rather Asia, so let's impacted by Covid.
My prediction - ample upside for being a one bagger from here.
Debt financing is now resolved. Clear path now to close the nav gap.
Looking good
Avation are doing a presentation on the Proactive Investors platform on 25 Feb so may get some updates then.
https://www.proactiveinvestors.co.uk/register/event_details/319
I know all travel related shares are being hit but most seem fairly resilient and some are even showing an upward trend in recent days . Why is this one doing so badly and no sign of recovery..... any info welcome as I hold a few shares Thanks
no idea, need an update ASAP though. can't see what has happened recently to justify this drop though, it was undervalued anyway
Any info on the long and large drop ???
The presentation packs and recording from our webinar with Avation on 2nd Nov can be found here for full members to view: https://www.sharesoc.org/seminar/sharesoc-webinar-with-avation-avap-2-november-2020/
To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: https://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: https://www.sharesoc.org/contact-us/
Current shareholders and potential investors may be interested in our webinar with Avation tomorrow https://www.sharesoc.org/events/sharesoc-webinar-with-avation-plc-avap-2-november-2020/
Current shareholders and potential investors may be interested in our webinar with Avation on Monday 2nd Nov https://www.sharesoc.org/events/sharesoc-webinar-with-avation-plc-avap-2-november-2020/
Liquidity is the problem here as mentioned in the update of 27th May. Looks like news of a cash call may have leaked from the price decline just prior to results. We'll find out soon enough on Friday 23rd when they're officially released.
Should be some clarity provided on the reuslts call on Friday I assume
Today's RNS doesn't read too well.... Hopefully there will be a clarifying statement sooner rather than later...
Positive RNS today but as ever the devil is in the detail - what lease rates are being achieved on the new transactions and are existing lessees able to continue to operate and pay for the leases.
Avation are usually good at providing shareholder presentations so hopefully will provide another soon.
Just a blip - one trade of 3 shares! - would have jumped in at that price
Wondering the reason for this - no RNS or news and no great number of trades
This is an absolute bargain.
The Avation Stockopedia report and presentation from our recent company webinar can be found in our members area here: https://www.sharesoc.org/seminar/sharesoc-webinar-with-avation-avap-7-july-2020/
To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: https://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: https://www.sharesoc.org/contact-us/