janebolacha
06 Jan 2016
Re: Oceanwood Oceanwood is a highly-rated hedge fund that specialises in takeover or buyout situations.In this article, in Spanish, they are described as a "CazaOPA" which translates as "takeover hunter" and then further down as being "especializado en tomar posiciones sobre empresas candidatas a convertirse en objetivos de fusión", specialised in taking positions in companies candidates to become merger targets". Note that this article is about a different company, Liberbank, in which Oceanwood have taken a position in Spain.[link] is also of interest:Oceanwood Capital ManagementAfter a 21.6% gain in 2013, the Oceanwood Opportunities fund saw very strong growth in assets under management in 2014, going from $1.3 billion to around $2 billion, including picking up a $50 million investment from School Employees Retirement System of Ohio, which resulted in the soft close of the fund. Performance in 2014 was more modest, however, with a gain of 2.3%. [link]
valuemanbuyer
06 Jan 2016
Oceanwood Anyone know these guys -they have increased to 28% holding ?Bid potential ?
valuemanbuyer
17 Nov 2015
Re: Chairman's AGM update Doesn't look like they are holding much back. With high visibility of secured long term sales allied to fixed costs it should lead to a re-rating when the next results are in. Been averaging down.
janebolacha
16 Nov 2015
Chairman's AGM update Excellent and informative Chairman's AGM update:[link]
catsick
13 Nov 2015
CLA minorities action group Hi As a shareholder in CLA , which AVAP now holds 99% of , I am proposing to put an activist action group together.CLA is attempting to throw its minorities under the bus, the shares have been trading at 25p, AVAP rather than offering a premium at say 30p to its minority shareholders for the final 2% are trying to force you to accept a discount and sell at 20.5p . The CLA shareholders should highlight that the management of CLA are not acting in the interests of its minority shareholders and the shareholders of AVAP should be aware that they may too be thrown under the bus at some point I think the first plan of attack should be to attend AVAP investor presentations and voiciferously put forward the fact that their minority rights are being trampled on , they represent such a small part of the capital base of AVAP that I don't understand why AVAP cannot do the right thing and ask for shares to be tendered at 30p .
janebolacha
23 Sep 2015
Beaufort Investor Evening [link] by four companies, including AVAP.
janebolacha
14 Sep 2015
Re: First impressions That would be less than 50% of nett tangible book value, NTBV,which is the conservative way of valuing aircraft lessorsAVAP at present is at 95% of NTBV so there is nothing in the price for the future growth already locked in to the business.Excepting a worldwide financial collapse, your predictionseems most unlikely to come true.
lambrini girl
14 Sep 2015
Re: First impressions 125..104..67...careful chaps.<<<....a good time to bank/profits...did indeed bounce offa 125..then 114(near enuff)..expect lower lows toward that 67p next..
janebolacha
14 Sep 2015
Re: Beaufort Research note on Avation Here it is:[link]
janebolacha
14 Sep 2015
Re: Beaufort Research note on Avation There seems to be a problem with the link.If you sign in or log in to Beaufort Securities, you ought to get it.This is the summary:"The last three months has seen Avation shares knocked by same general sentiment that has affected the much wider basket of Asian-quoted equities. Yet the Group's earnings visibility is exceptionally high, with revenues contracted from long-term leases for aircraft that have been financed on fixed terms while being amortised over the life of the initial agreement. And despite hitting something of an economic 'speed bump', Asia is still confidently expected to be to remain the world's fastest growing market for ATR lessors for the remainder of this decade. Despite having secured significant options for fleet expansion from 2017, which can now be funded through the global debt capital markets, Avation is now trading at an unjustified discount to its obvious peers. Even after applying a 10% discount to account for its relatively small size and limited liquidity, Beaufort arrives at a price target of 178p for the shares. Read the full report"Why Beaufort are stressing Asia and the ATR72 in the above, I don't quite know since AVAP has next to direct no exposure to Asia as such and a rapidly lessening dependence solely on the ATR72. Maybe they are behind the curve, as well.
claude reins
14 Sep 2015
Re: Beaufort Research note on Avation Not much use to me. Just faced with a blank piece of paper following your link. Good iead, bad execution! Can you help further?
janebolacha
14 Sep 2015
Beaufort Research note on Avation www.beaufortsecurities.com/shp/research.php?vid=302
janebolacha
10 Sep 2015
New interview with Richard Wolanski [link]
claude reins
07 Sep 2015
Finals today Good growth. Better divi. Better spread of customers - including Thomas Cook and Flybe (not new news). Blip on net profit because previous year's profit on sale of new aircraft before they touched the ground was not replicated. Also wrote off 1 aircraft come to end of useful life. These things will happen form time to time.Overall cost of finance coming down. Getting finance for further growth.8 out of 10 aircraft coming this year already let.Broadly good. Don't see why they have fallen so low this year. Asia effect?Weak buy only because there does not seem to be much enthusiasm for them at the moment in the market.
janebolacha
12 Aug 2015
Interview with Richard Wolanski [link]
