Member Info for Blades38

None audited , hence no change SP at the time !

Results coming in 9 days

Top management 15% pay cut for next 3 months , no bonuses or pay rise for rest of the staff this year !
Over 1000 on furlough
May help

Question is where will it be at 1635 ;)

Shorts down to 6.5 %
Changed 3/4/20

Shorts down to 6.5 %
Changed 3/4/20

700 staff
Save a few £

Upwards momentum is coming , just be patient!

Down 2%

Shorters are leaving !!!!

Yes I know how it works , a lot depends how long this lasts for , all I’m saying is things could be back to normality for work load sooner than other big company’s

Massive potential aa will be extremely busy in a few months time with everyone’s cars sat at home for long periods , problem is at the moment the pay for use accounts are not getting used ! Depends how long this goes on for ?
Bought more earlier today !

The AA have pay for use accounts which may decline slightly depending on weather we have a full lock down , currently job numbers are only 5-10% down in the past few days
Personal member service decline in jobs will save money and will be more so if schools close

I disagree, the AA have always done well in UK down periods , think how many people are not going to be leaving the country this year , possibly more people having holidays in the U.K. instead and more cars on the road , job numbers are still over 10000 breakdowns a day . As long as we don’t go into a full lock down for months I think eventually the share price will recover
Some Office workers are working from home .
Results coming end of month , may give a little boost.

The 2.7 billion debt pile has been there many years , Simon Breakwell came in knowing that and he’s trying his best to turn the company around , many cuts and changes within the company are ongoing and haven’t shown through in the profits yet , big amounts have been invested back into the company over the past 2 years , pension cuts and the Bob Mckenzie court case this year I believe ! Hopefully this year heading in the rite direction , they will always manage to service the debt but now they need to start chipping away at it !

Will hopefully bottom out at 40p , results in 7 days expecting to be on target , predicting over 70p plus within next 6 months !