Member Info for simonm

Got to agree an amazing day, and validates the research and faith in the big old bird :)

And no it's not a turkey, but an A380 :D

More to come... if you take DNA and £25.3 Million ($30m) as the base price for an A380, and break it down as,
* $12M half life settlement price had to be paid =$18M was the purchase cost for Emirates.

Now AA4 have a full life return term = $17m settlement Half life + the cost to bring back to full life at emirates costs. Or Min Life settlement $25m + the cost to bring back to full life at emirates costs.

This i believe is for 6 x A380 + 2 X B777, in the prospectus docs.

If they paid $18m for half life with DNA, then AA4 should be around = $17m settlement half life + $18m (DNA example)= $35m as a base case per a plane. giving somewhere about $233m + Dividends + the remaining A350`s

Nice to pick some winners in this market :)

The A380/ B777 loans are pretty much in effect, covered via Emirates. And as the airline is a subsidiary of The Emirates Group, which is owned by the government of Dubai's Investment Corporation... The risk here on insurance should be reduced.

The situation with Thai Airways has improved steadily since the restructuring completed in December 2021. The airline is Now back to fixed payments from January 2023. And hopefully should start to see a positive return on this are to income.

All loans are taken in USD. The Company uses a combination of fixed and variable debt loan instruments. Maturity dates
are set at 12 years from delivery date or otherwise to match the corresponding lease end date. The weighted average
rate for the Company’s Senior Loan is 4.0% and 5.2% for the Company’s Junior Loan (31 March 2022: 3.3% and 5.2%).

Also worth noting is that AA4 has a different specific return condition, when compared to the Doric funds ;p

The company is expected to have sufficient cash resources to make total distributions to shareholders of approximately 60.67p per ordinary share. The distribution of the redemption proceeds is expected to be completed on or around 10 February 2023.

https://www.thenationalnews.com/business/aviation/2022/12/16/emirates-to-fly-a380-fleet-in-full-force-by-end-2023-as-travel-rebounds/

Cheers Andy, Just need to pop on AA4 as well ;p

Just incase it was missed.
Amedeo Air Four Plus Ltd - Guernsey-based aircraft investment company - Says net asset value per share on September 30 up 30% to 117.23 pence from 90.34p on March 31. Swings to pretax profit in the six months that ended September 30 of GBP55.8 million from GBP2.9 million loss a year earlier. Maintains previously announced target half-year quarterly dividends of 1.50p each, up from none a year earlier. Says directors believe its current share price undervalues the company's portfolio. Says it will explore all avenues to unlock this value.

Someone added another nice block of shares ;p
16-Dec-22 11:21:46 38.50 680,000 Unknown* 36.50 38.50 261.80k

Looks like someone added ;p
12-Dec-22 08:00:00 37.00 594,595 Unknown* 36.00 38.00 220.00k

Bargain Friday...Nice to see my Buys for 36.50, showing as red sells( cheers HL) :D
Currently waiting on the 65% profit return of capita, from DNA which i have been forward filtering across to AA4.

Nice to see every man and his dog only showing a 3.378% Yield,lol... When it is a worth lot more ;p

Also seems to of added here .
https://www.lse.co.uk/rns/AA4/holdings-in-company-das1wa7mqoa0pg1.html

Nice to see the increase in the dividend rate, and underlining the potential for more increases into next year....

HL, seem to be getting slower on paying dividends.... Im up to 16 days on some shares, when other brokers are 3 days. Seems to be a running joke, If its paid on Thursday / Friday then it wont be seen the same week.

They seem to take offence when I question the amounts of money being held back and can they explain the difference.

https://www.proactiveinvestors.co.uk/companies/news/980510/nextenergy-solar-fund-selects-north-norfolk-for-first-battery-storage-co-location-980510.html

Not the most of active chat boards :D
Am I missing something on the values, in that the capital account has £39M less about £10m = £29M in share capital.
We then have £39M / 42,450,000 shares = £0.68 per a share.
Then we have about £3.3M debt left to pay off, with the Lease with Emirates expiring on 16 December 2022 for the A380. and some other figures = about £12 liabilities, with £8M deferred income.

The unknown, is if the plane is subject to a Half life return and $12M payment like the other DNA fund ?

Even if the plane has zero value, the share capital account looks like it covers the share price ?

Lets look @ BKKT... Q3 loss = $28.8m/ Q4 loss of $153M, and revenue of just $13.7m. The executive founder departed in December 2021.
Heavy shorting, and bad market sentiment.. and down she goes.
Add in regulation for Crypto on the way, it could be a very long time, if at all for $30+ to show its head.

Chelsea, wont have to repay loans... and funds to go to a charity for Ukraine.

So you figure that "because with the share price at these levels, thousands more shares being bought....paying the current div price will cost them a lot more"

No increase in the share amount, in issue !!

Got plenty of Toilet rolls... from the Covid panic ,ROFL
Cant beat a decent, cathedral cheese on top of those Branston beans..

I have FSFL,NESF, nothing really between... NESF has the slightly higher % Divi.
As these are some of my Pension stocks, I like the different payment periods & dates.
3,6,9,12 = NESF
2,5,8,11 = FSFL

Could add in, another set of options = GCP,JLEN..

Zero cost using a Freetrade, Basic account.. Which is still outstanding the Divi Payment, from last week.
And the HL SIPP, is fixed cost for shares = £200 Max 12 months, In relation to that 0.45% holding charge.
HL credited Friday, for both ISA & SIPP.

Looks like Seeking alpha have mixed the info then ?
https://seekingalpha.com/symbol/DECPF