Member Info for jollyspeculator

yep... at this MCAP... why not? ...but I'm still waiting for results before even attempting to call bottom lol

unlikely to happen, yep...even v unlikely to happen.. but "will not happen" is bizarre overstatement... ...consider Black Swans...read, learn & inwardly digest Jolly patronising, I appreciate

...the pension deficit ballooning and net assets increasingly negative.. ...EV/EBIT difficult to calculate ...but if you include the provisions and pension deficit plus average net debt of over £200m: roughly £(200+150+80+80)m or over £500m Jolly adjusted EV (tm lol) supported by £46.5m historic underlying op profit...this ain't Jolly cheap at around 11 ..aaoo/check the calcs/do your own/make your own mistakes (or investment decisions lol)/gl

4 June 2013 Air Partner plc INTERIM MANAGEMENT STATEMENT GROUP EXPECTS TO MEET FULLYEAR EXPECTATIONS Air Partner plc, a leading provider of private aviation services to industry, commerce, governments and private individuals worldwide is pleased to issue its second interim management statement for the financial year to 31 July 2013. Group trading patterns are in line with those reported at the half year results in March. Despite the continuing challenges facing the aviation sector and the global economy, the Group continues to trade profitably and remains debt free with a strong net cash position. The Board expects full year results to be in line with its expectations. Our strategy is delivering improvements across the business. We are positioning the Group to take advantage of future opportunities from a position of improved management and operational strength. Combined with tight control of overheads, we will continue to make prudent investments across the business in people, training, services and products enabling us to continue to improve our client offering and to enter new growth markets and sectors. The Commercial Jet division is trading significantly ahead of the prior year as we have mitigated the impact of reduced Government and Conference & Incentive revenues with new business from the Tour Operator and Oil & Gas sectors. The Private Jet division is trading ahead of the prior year as our strategic focus in the US and Europe is generating new opportunities for revenue growth. We are experiencing a wider pipeline of opportunities as private aviation users increasingly seek more flexible solutions. As previously reported, Freight revenues remain at a significantly lower level than the prior year and the outlook for the global freight market remains challenging. We have realigned the cost base of this division and positioned it appropriately to enable us to take advantage of future opportunities as and when they arise.

greetings...long time, no post conversation...missed it/u! ...a bit of a toss up between the two...pretty well correlated! ...bought rio, but might have boght blt instead...thought rio slightly more beaten up! ..hope all well ...tin hats on, Jolly

to jokes? ..that a joke? Jolly (aka Joker ...by RtW rip lol)

caution warranted perhaps?

...c5000 would be Jolly, though

...now...v interesting...how low before results?

sorry to barge in... ...market has been "drugged" by QE and the consequent "bond bubble"... so plenty of good reasons to speculate that the S&P (and all markets) may be staring into the abyss.. ..we all need to swot up on our macro-economics..bad stuff ain't necessarily over..QE has been an interesting experiment with some odd (but understandable) side effects (like the bond bubble).. ...what happens if there is a buyers' strike in the bond markets...I am certainly a seller of bonds (having done v nicely tks)

down here lol?? aaoo

decent volume (c3.5m traded)...where will this bottom out? ...with uncertainties around cost (good post, swiss); significant political risk; lack of visibility/certainty on production ramp up, perhaps better to delay top up??...hmmm

for buyback lol?

as my good friend says ...aaoo

yep...I'll be looking to top up with the right sp/news ...aau rising so the mkt may be beginning to distinguish between the decent opps & the ample dross in goldieland lol ...aaoo/gl

"we feel the outlook for the Group is strong and we remain excited about our prospects and opportunities."

but net profit flat this year and last year...because REDT now paying more tax ...I wonder about the forecast earnings...seem v conservative to see this growing on a few % this year (and ?next - cannot see one of those atm) ...but wtfdik lol

one of my jewels lol ...EV/EBIT sooooo low for growing company; aligned decent management that seems to have worked out a way of building the business.. ...interested to hear the risks lol aaoo/dyor

by agm statement, but sp up lol

Full year 2013 revenue visibility from contracted business and recurring revenue streams has now risen above £8m, compared to £7.5m at the time of our AGM statement a year ago. This improvement, much of which is represented by services, is encouraging. However, our cost expansion is being undertaken in conjunction with higher internal revenue goals. We are currently working to close a considerable amount of license business, some of which is needed in June to enable first half revenues to exceed the comparable 2012 result.