Just bought this at 64.75 pence,feel free to comment..

i agree. all things look like a turnaround, especially the cleaning up of the accounts.

i am just as positive.

rgds
PT

Still lots of buyers around waiting to pounce if the price drops below70p

yup, silly close yesterday as well. they didn't trade there all day untill the last tick.

More big parcels changing hands with little or no impact on sp......
This has got to be MMS passing on consolidated parcels to the big boys at a prearranged commission
ie
MMs mop up little deals for a few days which is then followed by a few big transfers which don`t impact the sp on the day they were passed on..looks like the MMs ensure that the spread at which they pass on the parcel is aligned with the prearranged price......

Nice spike there good to see this over 70 again.

yup..hopefully that move to 80 is now on the cards after a bit of consolidating time...

Yes it was starting to go very flat i think when it hits 80 pence i will sell out and move on,,as they say in the films,,,,,,,,,,,wagons roll only down hill!

my price target is slightly above 80. will see what news comes out. also this EGM is interesting...

Its come along way since that 44p in january prop,if thet can get rid of the parent company they could have a chance.

a great chance. i think a tasty morsel to a conglomorate with an insurance arm...ala RAC

NOW YOUR TALKING PROP,a quid i think,the good times are back..

like it. considering i was falling asleep at the PC this afternoon this little flurry in AVE has woken me up! squiddly diddly by the summer!

nice momentum and volume...

Hello!!!!

Nice numbers here today.

huge volume today. i think a seller that has been around has been taken out. could rise tomorrow (if the dow doesn't collapse!)

Good volume today both ways, RNS not too cheery.
Price bottomed ?

don't know but the news is so bearish they may be driving the price down to buy the stoack in house. consiracy theory?

Looks to me that they could drop some way yet, unless some spec talk arrives to hold them up. 50p could well be on the way again. Would get interested in buying then.

still buying. up from 8.01% last month!



Avis Europe PLC
27 May 2005




27 May 2005

Avis Europe plc ('the Company')

The Board of Directors of Avis Europe plc received notification on 27 May 2005,
pursuant to sections 198 - 202 of the Companies Act 1985, that Fidelity
International Limited (FIL) and its direct and indirect subsidiaries, being
non-beneficial holders, now hold 54,460,395 ordinary shares in the Company
representing 9.30% of its issued ordinary share capital.

Conspiracy theorists are probably right

If you analyse the volume of large parcels above 1m which have changed hands since 4 Jan05 and allowing 50 % double counting to cater for shorting.......
Then
At least 60% of the 25% AVE "free market" shares is now in the hands of Big Boys with 1m to 14m each
ie ....the genuine "free market" is probably down to around 60m shares
and

Also
Its quite a smart move to cancel a dividend when you own 60% of the Company (and have the support of another 15% of the shareholders in exchange for inside info)
...This leaves D`Ieteren with 40% of AVE retained dividend

There can only be one reason why Fidelity continue to accumulate stock when their informal contacts within AVE are telling them in advance that the next RNS will be bearish

.........There is a bid in the pipeline this year either Cendant or D`Ieteren buying out the last 40%

100p still looking good ........