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From above FY2016 revenue will be approx. US$70mn gross margin stable at 36% FY2015 revenue was US$63.6mn gross margin 31.5% FY2014 revenue was US$43.8mn gross margin 36.1%
Nice Highlights · Unaudited revenues of US$33.4 million from 1 July to 31 October 2016, an increase of 75.7% over H1 2016 revenues (US$19.0 million) · Total unaudited revenues of US$52.4 million in the 10 months to 31 October 2016 · Gross margin stable at 36% throughout the Period · Order book of US$20.4 million at 31 October 2016, the vast majority expected to be delivered in current financial year with further order book building for 2017 · Construction of new 38,700m2 factory in Nanjing progressing on schedule and on budget.
MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, announces that on 22 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 94 pence per share. The purchased shares will be held as treasury shares.
for ********************* in the last post read Directors Talk!
The following is from the Directors Talk website. “MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, has told ************* that on 18 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value at an average price of 95 pence per share. The purchased shares will be held as treasury shares.” A search of the Dircetors talk website suggests that this is the first mention on that website of the MAYA share buy-back. For the record, 479.5k have so far been bought back for a total cost £340k (excluding fees). That’s is about 1.1% of the issued share capital for about 6% of the maximum funds available for the buy-back. 20k at 95p on 18th Nov 20k at 96.6356p on 16th Nov 2k at 96.5p on 15th Nov 20k at 99.5p on 8th Nov 12.5k at 103.5p on 27th Oct 30k at 96.75p on 24th Oct. 10k at 92.5p on 19th Oct. 25k at 91p on 18th Oct. 25k at 88p on 11th Oct. 25k at 85p on 4th Oct. 5k at 78.4p on 3rd Oct. 35k at 74.86p on 26th Sept. 100k at 62.4p on 17th Aug. 150k at 49p on 8th Aug. The buy-back will be for up to a maximum of 4,247,500 ordinary shares of no par value in the Group ("Ordinary Shares"), representing approximately 10 per cent. of the Group's issued share capital, for an aggregate maximum consideration of £5,755,750. MayAir has engaged its broker, Cantor Fitzgerald Europe, to undertake the buy-back on its behalf. Good to see that no holders were sufficiently impatient to part with any MAYA shares today. What will the next Cantor Fitz. tactic be? Will they raise the bid to encourage selling?
MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, announces that on 18 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 95 pence per share. The purchased shares will be held as treasury shares.
20k buy at 95p was responsible for today's tick up - delayed until after the close 18-Nov-16 14:32:08 95.00p 20,000 £19.00k Probably another buyback - we will know on Monday. Fascinating mm tactics to encourage selling. That 20k buyback on 16th November has not yet shown on level 2 or anywhere else? MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, announces that on 16 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 96.6356 pence per share. The purchased shares will be held as treasury shares.
This is a very illiquid share, so they're dependent on net PI selling in order to do buybacks. Plus there's an institution possibly buying more as well (see recent RNS). PI's have learned that when Cantor goes on the bid and the online bid strengthens they are trying to do a buyback so recently they have been a lot more cagey about it, trying to shake out sellers by dropping the price and lowering online buy limits instead. Anyway with today's action I suspect a more substantial buyback may be in the works. There's also the possibility of other company-related news e.g. contracts moving the price up. Either way I think its only a matter of time before this moves up to the 120 level and beyond.
So Maya have this big sharebuyback program to drive up the share price they say. Yesterday they bought 2000! 2000!!!! Thats less than most self respecting PI's would buy. Whats their game??
to 120 to buy earlier!!!!
has been pretty wide today but nice to see it narrowing Are the mms struggling to fill an order now? hah hah hah
The buy-backs started on 8th August at 49p. Yesterday's - the 10th buy-back - was at 103.5p. Every buy-back has been at a higher price than the previous one. Only about 5% of the funds available for the buy-back has so far been spent.
yesterday after hours - 12.5k at 103.5p - 7p higher than the last buyback which was on Monday.
Up 7% on 3 small trades yesterday- all were buys. mms raising the bid to encourage sellers - instead they encouraged buyers... First time sp has closed above 100p since last January. IPO 18 months ago was at 130p. Latest broker's target was 129p.
Large buyer in the background????? Hee hee
continues - 30k at 96.75p - highest price paid so far - last was at 92.5p
Looks like another 10k bought today @ 98.5 Expecting another RNS on Monday
Following on from Wednesday's 25k, another 10k bought back yesterday - at the highest price so far - 92.5p http://www.investegate.co.uk/mayair-group-plc--maya-/rns/transaction-in-own-shares/201610200700280275N/
Another 25k bought back yesterday this time at 91p - buyback price paid continues to increase.
25k bought back yesterday - this time at 88p. For the record, this is the complete record of buy-backs announced to date - 25k at 88p on 11th Oct. 25k at 85p on 4th Oct. 5k at 78.4p on 3rd Oct. 35k at 74.86p on 26th Sept. 100k at 62.4p on 17th Aug. 150k at 49p on 8th Aug. This gives 340k bought back for a total cost of £207k (excluding fees). The buy-back will be for up to a maximum of 4,247,500 ordinary shares of no par value in the Group ("Ordinary Shares"), representing approximately 10 per cent. of the Group's issued share capital, for an aggregate maximum consideration of £5,755,750. MayAir has engaged its broker, Cantor Fitzgerald Europe, to undertake the buy-back on its behalf.
Another 25k bought back yesterday, this time at 85p - gradually becoming more expensive for MAYA to buy back.
gone up 5p on little volume, do not i repeat sell your shares on the cheap, Maya are prepared to pay £1.30 per share.
We now know - via today's RNS - that the 50k buy on the 23rd at 77.5p was Aberdeen Asset Managers Limited going over 5% (see my post Saturday at 9:10) http://www.investegate.co.uk/mayair-group-plc--maya-/rns/tr-1--notification-of-major-interest-in-shares/201609280830010564L/ That together with Monday's buyback 35k av. 74.86p have helped boost confidence and raised expectations. hTtp://www.investegate.co.uk/mayair-group-plc--maya-/rns/transaction-in-own-shares/201609270700068683K/
From today's Interims RNS The buy-back programme was initiated on 8 August 2016 and it is the Directors' intention to reinitiate the programme imminently now that the close period under Regulation (EU) No 596/2014 (the Market Abuse Regulation) has ended. Other key points from Interims - cash position up and, as expected, revenue weighted towards H2 but likely to meet market expectations for full year.