AA Live Discussion

Rhino1958 26 Sep 2019

AA launches cutting-edge partnership with Uber for roadside and Service Maintenance and Repair Appears to be a new strategy “MOTs, repairs and maintenance for Uber drivers will use AA Service Maintenance and Repair (SMR) platform and capabilities” Did not realise AA did MOTs

devonplay 20 May 2019

Product Innovation Day AA plc is holding a Product Innovation Day for institutional investors and sell-side research analysts which will be held at the Roundhouse in London at 120. The event will focus on how the AA is delivering its vision to make driving better every day for UK motorists through simpler and smarter innovation in Roadside Assistance and supporting home and motor insurance customers using technology and data. The event, which reaffirms the AA’s growth aspirations, will not disclose new material financial information. Videos of product demonstrations will be available on www.theaaplc.com/investors following the event. DL

devonplay 28 Feb 2019

Update on bond purchase programme of up to £20m [link] DL

devonplay 14 Feb 2019

Sizeable jump Gamesinvestor1: The debt is quite possibly still so large it’s an existential factor here unless the company can start to grow earnings and income, otherwise it’ll be in a permanent stasis. Yes the debt is large, but my guess is they’ll be able to pay it back. In this instance I think it’s a much better play on AA. I was also keen to exand my exposure to EV and I think AA does offer a little help in that. I also have a little RAC tucked away. I can’t say I see much exciting about the equity. 6.5% yield is the only merit for me and the possibility of some capita gain if this matures without an issue in 3 years time. Sane? Maybe not, but a touch of insanity is a requirment for investors isn’t it? Why oterwise would we be doing this?.. DL

Gamesinvestor1 14 Feb 2019

Sizeable jump devon - it’s incredible that two sane people, are we?, made the decision to buy into this munter. It’s one of Woody’s - need I say more – he’s just been reamed for what seems like the 100th time this morning as he’s lost his whole 29% stake in Utilitywise - in administration. Oh well - my decision was rather knee jerk on the basis of the CEO’s punch being something that could be ironed out – I hadn’t appreciated the dire state of the company at the time and whilst being aware of the debt, foolishly thought it was factored into the very low price, only for it to go even lower. The debt is quite possibly still so large it’s an existential factor here unless the company can start to grow earnings and income, otherwise it’ll be in a permanent stasis. Games

devonplay 14 Feb 2019

Sizeable jump Good luck with it. I went for the debt, so I just want it to survive! Estimated yield if it makes it to maturity, July '22, around 10%. Current yield 6.5%. I’m hoping mine wasn’t a foolish decision, there’s plenty of risk either way. DL

Gamesinvestor1 13 Feb 2019

Sizeable jump today, up 7.79% as I type or up to 99.06 Perhaps the news of retaining the largest contract with Lloyds is giving the share price some relief. Games - love to get my money back here on this damn fool decision lol !!

devonplay 12 Feb 2019

Pre-close trading update FY Results in line with previous guidance The AA will announce results for the financial year ending 31 January 2019 on 3 April 2019 · Trading EBITDA expected to be not less than £340m, in line with our guidance range of £335m to £345m · Solid operational performance across Roadside and Insurance · Successful renewal or extension of all key FY19 B2B contracts, including Lloyds Banking Group (LBG), Volkswagen Group (VWG), Suzuki and Jaguar Land Rover (JLR) · Delivery of the strategic plan remains on track [link] DL

devonplay 06 Feb 2019

Parvus Asset Management Europe Limited TR-1: Standard form for notification of major holdings [link] Parvus Asset Management Europe Limited has been appointed as Investment Manager to a number of funds and managed accounts. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients. DL

devonplay 22 Nov 2018

Impact of EV (Electric Vehicles) J_Westlock: The other impact surely will be large increases in people running out of juice… especially those caught out in remote areas. Far from being bad for breakdown companies… this could be a real boon. For the UK , USA & Japan the only response I can see from roadside breakdown providers is investment in rapid charge vechiles/facility. Mostly in UK and USA old commentary, in Japan more recent comments from the vehicle manufacturers. My interest is the short term, I want invest in the short dated debt, so I guess the answer is by 2022, mostly, little will have changed. The obsoletion, or not, of EV’s is an interesting question, much depends on the overall growth of ride sharing and longevity of the EV’s themselves. There’s much debate about them (cars) moving from being a utility expense to an asset investment. In the context of rapid charge then membership of roadside rescue appears a rational insurance policy, given the expectation that running maintenance costa should fall. Why wouldn’t you? Assets values and replacement cycles are still, I think, in the lap of the Gods. DL

J_Westlock 22 Nov 2018

Impact of EV (Electric Vehicles) Rhino1958: When /if EV is fully adopted the reliability of an electric motor etc will be far superior to a combustion engine You can expect that of the electric motor for sure as there’s far less to go wrong but the battery technology is all quite new… and will be advancing quickly you’d expect over the next few decades. That pace of change doesn’t necessarily bring reliability either. The level of obsolescence will far exceed that of ICE vehicles so you can expect more people to be left hanging on to ‘old’ EVs that are quickly being made obsolete… and which their resale value is close to zero… thus more breakdowns. The other impact surely will be large increases in people running out of juice… especially those caught out in remote areas. Far from being bad for breakdown companies… this could be a real boon.

Rhino1958 22 Nov 2018

Impact of EV (Electric Vehicles) Should new car sales decrease whilst drivers wait for the infrastructure for EV /hydrogen. Vehicles will be held onto for longer with possibility of more activity in the breakdown market. When /if EV is fully adopted the reliability of an electric motor etc will be far superior to a combustion engine

devonplay 22 Nov 2018

Impact of EV (Electric Vehicles) Electric vehicle sales to ‘see a big lift’ over the next 2 to 3 years, BlackRock says. CNBC – 22 Nov 18 Electric vehicle sales to 'see a big lift' over the next 2 to 3 years, BlackRock... Customers will have more opportunities to move away from traditional combustion engines to electric vehicles and their options will not be restricted to only certain auto suppliers, according to BlackRock's Evy Hambro.

devonplay 21 Nov 2018

Impact of EV (Electric Vehicles) Everytime time U get one of the cars servicds I wonder ab0out the impact of EV’s on small local garages. Give that EV’s should have lower running issues/costs: mainly tyres, brakes and MOT’s. But, besides the talk off “quick charge vehicles”, and mainly very old talk at that, I haven’t seen much from the roadside support providers mentioning the impact of EV. Anyone seen anything? If you overall running costs are lower, the number of vehicles on the roads fall (becuase of ride sharing) are more or less members likely? I guess if your running costs are lower investing some of the savings in more roadside support is rational idea. But, are people really that rational? DL

Gamesinvestor1 02 Nov 2018

110p this morning 5% jump this morning, can’t see any specific news. Games