gretel
03 Jan 2017
Exciting RNS just out [link] the trading update will be next Monday.Secondly, we have the merger of GMAA's US aircraft management and charter business with that of BBA Aviation Plc.It's initially earnings-neutral, but... "This is before any benefit from cross selling of Gama Aviation's comprehensive maintenance services into the immediately enlarged fleet or the future growth opportunities expected to be derived from Gama Aviation Signature Aircraft Management's market-leading platform."The partnership is 50/50, but GMAA seem to have got much the better deal since its operations contributed $4.3m PBT last year compared to BBA's $5.5m. And for GMAA there's the kudos and enhanced reputation from partnering with the far bigger BBA in this way.Finally, I also note from the BBA RNS that GMAA presumably won a bidding contest to become BBA's "suitable" partner, so further kudos to GMAA's management:[link] Aviation acquired its aircraft management and charter services business through the acquisition of Landmark Aviation, completed in February 2016, and which was placed into a trust until a suitable majority partner could be found to satisfy the requirements of the U.S. Department of Transportation's foreign ownership and control restrictions, which this transaction achieves."
gretel
28 Dec 2016
Trading well in the Middle East Good to see comments from the the Middle East MD noting that business in that region is picking up and that GMAA had a good late summer:[link] new building will come at an opportune time. After two years of an austere business environment, due to the slump in oil prices, Ringrose can see business starting to pick up......We’ve been on that plateau for 18 months and we’re just starting to lift out of it now. “I think business is improving. Summer was less slow than summers usually are here. August is usually the quietest month of the year, as most owners disappear to other parts of the world, but we did particularly well.”
San Jaime
22 Dec 2016
Re: Moving up nicely now - Santa rally...... whoops.. spelling error - Santa not on a bike.
San Jaime
22 Dec 2016
Re: Moving up nicely now - Santa raleigh ? Yes cleared for Take-Off a few days ago and is climbing nicely, passing Santa and Rudolph.Tried to buy some GMAA on-line and was told to phone Broker - but decided to put the grand into FRAN as an on-line deal (as am also watching). Wrong decision !Good luck for 2017 to all investors here - hopefully we will continue to climb to a high cruising level during the coming 12 months. Fasten your seat belts ?
gretel
22 Dec 2016
Moving up nicely now Another move up following buying at 140p this morning. Looks like the big overhang has well and truly cleared.Earlier you could actually buy a scrap of stock now online (unusually in recent days), with a maximum 5k available at 140p, but you could sell 10k at a good premium at 135.35p, so there's evidently still demand out there.
gretel
20 Dec 2016
Re: Another tick up. P/E of 5 soon?!! Soaring now, up another 10p today.Yet still on a ridiculous P/E of 5 or so.GMAA has suffered from a completely incompetent selldown programme from an institutional investor imo. That programme has now finished it seems, and there is very little if any stock available to buy now.
gretel
15 Dec 2016
Re: Another tick up. P/E of 5 soon?!! Currently online I can buy a maximum of just 500 shares at 120p, whilst I can sell at least 15,000 at 117.55p - way above the midprice!The price is nicely up today - perhaps things are turning. Certainly loads of upside if so.Interesting comment in Artemis VCT's results just out yesterday. They hold GMAA, which is unsurprisingly one of their poorest performers. However, they have this to say:[link] have in the past used periods of share price weakness to add to holdings, retaining a belief in the long-term potential of the company.Having increased our holding throughout the course of 2010 and 2011, Cohort is probably the best example of the approach of adding to a holding when prices are weak. We have also done this with Fulcrum Utility Services and Pressure Technologies. Unfortunately, the new VCT rules - which place a restriction on the age of companies - no longer allow this. If they had, we would have added to Anpario and Gama Aviation, which were the poorest contributors to performance over the last 12 months."
San Jaime
06 Dec 2016
Re: Another tick up. P/E of 5 soon?!! Gretel, pleased to know that on some you are winning - despite currently losing on this one, like me..Unfortunately CEO Mr Dustin Sean Dryden has been calling that GMAA has been ready for departure for most of this year. Indeed despite your added support by giving several strong buy recommendations - all that has resulted is that most investors have decided not to leave the terminal building for the present time.The question is when actually will Take-off occur here. Must admit I'm tempted to buy some more soon as don't think we can go along the perimeter track down to a pound can we ? Hence the Weak Buy flag.....SJSJ.
gretel
06 Dec 2016
Re: Another tick up. P/E of 5 soon?!! 
))GMAA isn't my best investment (cough). However, the likes of KWS, IQE, SCE, ACSO, RNWH etc have made up for it many times over so no need for concern!GMAA's CEO is extremely positive in this new interview about how trading has gone this year, possible acquisitions and the exciting plans going forward in a number of areas:[link] Unveils Sharjah Growth Plan to Rival Dubai by Ian SheppardDecember 6, 2016, 12:15 AMGama Aviation today unveiled plans for its major new business aviation facility at Sharjah International Airport. The development, which is due to open in mid-2018, will offer an alternative to congested Dubai International Airport (DXB) and closer access to the center of Dubai than Dubai World Central (DWC).The UK-based group will today reveal architectural drawings for a purpose-built complex that will offer space for commercial tenants as well as passengers and crew of its own aircraft management and charter operations. Billed as the first integrated facility of its type in Sharjah, the new facility will compromise a 100-meter-long (328-feet) hangar (with an option for a second), plus 20,000 square meters (215,000 square feet) of apron parking space.Over the past 12 months, Gama, which also provides maintenance services, has seen a 12 percent increase in the volume of traffic it handles at its existing Sharjah operation. It says this is due to slot restrictions at DXB and also the fact that Sharjah is significantly closer to Dubai’s financial district than DWC.Gama’s aircraft management and charter business has increased by around a third over the past year. This is partly explained by the addition of new aircraft to its fleet, including a Bombardier Learjet 60 and a Piaggio Avanti Evo, which have joined its existing heavy and ultra-long-range aircraft.“We have made excellent progress this year [with] our air business growing the fleet by 33 percent and the ground business benefiting from increased traffic and an adjusted pricing model,” Gama Aviation general manager Martin Ringrose. “So to close the year at MEBAA with our concept for Sharjah is exciting. As the model, movie and renderings [viewable at the company’s exhibit in Chalet P8] show, we’ll have an outstanding facility that mirrors the high standard of our existing lounge. With ground works starting shortly, that reality will not be so very far away.”Global GrowthGama Aviation has continued to spread its reach around the world over the past couple of years. Beyond the Middle East and Europe, it is preparing to add three more aircraft to its operation in Hong Kong.The company has also added an FBO in Jersey in the Channel Islands, and in the U.S. it continues to expand, particularly with its contract to operate King Airs for private aviation membership program Wheels up. “For us, the U.S. has been a good growth market. Wheels Up is evidence of that, but we mustn’t lose sight of the success in our core management business, particularly in the U.S.,” said co-founder and CEO Marwan Khalek. “Europe remains flat, but the maintenance side is still pretty good. And it’s pleasing that we’re seeing movement in the Far East and Middle East now.” He said that managing aircraft for owners and using them for charter remains a robust and popular business model, “particularly in places like Sharjah.”On prospects for Wheels Up to expand into Europe, Khalek said, “It is very much on the horizon and we’re putting in place a complex plan for when they decide it’ll happen.” He suggested that the only reason it hasn’t happened already was the amount of resources being used for growth in the U.S. Further afield, Khalek reported that Gama is set to relaunch operations in Africa. He believes the group can achieve further growth through a mix of organic expansion and acquistions. In his view, the fragmented
San Jaime
04 Dec 2016
Re: Another tick up. P/E of 5 soon?!! Gretel I hope your mate Hansel is making some money on their investments because you seem to be going through a bad patch. I bought Hanger8 at 75p and sold for 150p - unfortunately I am in here at an average of around 200p so currently about 40% down.Now wondering when to average down again - will it go down to a quid for a Poundland purchase or is it now ready for Take-off after clearing the fumes in the cockpit ?
gretel
25 Nov 2016
Another tick up. P/E of 5 soon?!! .
gretel
24 Nov 2016
Unicorn AIM VCT very positive GMAA has become one of Unicorn AIM VCT's largest ten investments, and in their results this morning they have this interesting paragraph:[link] "Gama Aviation (-55%) is one of the world's largest business aviation service providers. Despite continued strong growth in revenues, the business continues to record losses after currency adjustments. The weakening of Sterling combined with a material investment in international expansion, has resulted in Gama's market capitalisation remaining under significant pressure, with the share price declining by over 50% in the period under review. The fundamental strength of the Gama business model is that revenues are underpinned by long term renewable contracts, which, when combined with geographical diversity and proven industry expertise, should enable the business to deliver improving financial results, despite challenging trading conditions in the UK and Europe."
gretel
18 Nov 2016
Online looks very encouraging Amazing - online I can buy a maximum of just 100 shares at 122p, whilst I can sell at least 10,000 at 117p.Looking very good indeed.
gretel
18 Nov 2016
Two days of rises - turnaround? Good to see a decent £29k buy at 115p and an even more decent 50,000 (£59,000) share buy at 118p.cause the share price to tick up yesterday. And a further 10k buy at 122p has caused another tick up today. Finally ))
gretel
11 Nov 2016
"A strong pipeline and sales" Without giving out a formal trading statement, read this below - even the CEO is now telling us that things are at the least not as bad as the share price is telling us, and at best are positively encouraging.I suspect this is one of those situations I've regularly seen over the years, where an institutional shareholder sells out over a long time ridiculously and inefficiently by dripping out stock at regular intervals until the holding gets small enough to sell at any price just to get it off the books.Which imo presents investors with an opportunity:[link] "Nov 11 2016New contracts for Middle East, Europe & USAGama Aviation gains contracts this AutumnWe are delighted to announce recent contract wins in the Middle East, Europe and the USA.Middle East:Gama Aviation’s is pleased to announce three new aircraft to its managed fleet with the addition of two Learjet 60’s and a Piaggio Avanti Evo; bringing the Middle East’s managed fleet to eleven. All three aircraft will be available for charter, fitting neatly into a category and price point where there is currently low inventory and availability. The Learjet’s are also Air Ambulance capable being equipped with Spectrum Aeromed ICU kits, furthering Gama Aviation’s strategy of expanding its special missions offering in the region. Europe: Within Europe, Gama Aviation’s engineering teams have won a maintenance contract for two King Air’s at the company’s Beechcraft service centre in Farnborough, and have extended an existing military design modifications project at its centre of excellence in Surrey, UK. USA: After a strong first half of the year, the 99th and 100th aircraft was added to Gama Aviation LLC’s fleet this autumn. Alongside the Wheels Up business, the core managed fleet continues to grow with the two new aircraft, a Palm Beach International based Cessna Citation Sovereign and a Learjet 60XR out of White Plains, adding further capacity to its Part 135 US east coast charter capacity.Marwan Khalek, Group Chief Executive, Gama Aviation commented:“I’m delighted with the progress we are making in key markets. This is testimony to the focus we place on understanding our clients and providing them with solutions that deliver the appropriate scale, breadth and depth of service to meet their needs. The Middle Eastern and US management contract wins demonstrate how this strategy has resulted in a strong pipeline and sales.”"
