Company Profile


Commercial passenger aircraft leasing specialists

Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are traded on the Main Market of the London Stock Exchange (LSE: AVAP).

Avation owns and manages a fleet of aircraft which it leases, through its subsidiaries, to airlines across the world. Our customers include Virgin Australia, Thomas Cook, Condor, Air France, Air Berlin, Vietjet Air, Fiji Airways and UNI Air. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.

Specialist management team

Avation’s management team has extensive experience in all areas of the aviation industry and has the expertise to select aircraft to bring under Avation’s management that will deliver value to the company, performance to its customers and returns to its shareholders.

Financial Growth

Coinciding with the expected delivery of the ATR 72s and potential acquisitions of other aircraft, Avation will continue to grow in terms of the size and quality of its managed fleet and the financial returns it generates.


http://www.avation.net/

The Naked Trader - One that came up at the seminar and appears to have value is Avation (LON:) and I bought 5,000 at 106 then they went up quite a bit to 120 but they went down 10p this morning so took advantage of that weird drop using the two timing techniques I taught some of you at the seminar and I bought another 3,000 at 108.75 today.

It leases planes - the last set of results were pretty impressive and I think these shares are set for take off.

It now has 23 planes in its fleet, revenues are going up, as are dividends.

The shares are gradually going up and still look good value. At the moment my thoughts are to keep them for a while perhaps targetting around 175p

Well done DC. I got in at 106 for 2000 after a mention in Shares Mag a few weeks ago.
It was one of Slater's picks. Wish I had bought more now (as usual for a winner!).

Thanks David, Slater thought the sp may double, even better.

Ex-Dividend

13 Nov 13 Avation Plc [AVAP] (1.11 p)

12 Nov Liberum Capital 125.00 Buy

Trading Update and Sale of Two New Aircraft

PIM

RNS: AVAP 20 November 2013 AVATION PLC (the "Company") TRADING UPDATE AND SALE OF TWO NEW AIRCRAFT Avation PLC, (LSE: AVAP) the aircraft leasing company announces that the directors believe that Company revenues for the period ending December 2013 will be significantly ahead of the same period last year as a consequence of the sale of two aircraft and in respect to general trading conditions. The directors make no statement as to an overall profit forecast. SALES TRANSACTION Avation has entered into an agreement to sell two new ATR72 600 aircraft to a third party. The right and opportunity to acquire these two aircraft are pursuant to the exercise of "in the money" purchase options over new, soon to be delivered, ATR72-600 aircraft. Avation is the owner of a series of delivery options over new aircraft, which at exercise are typically either leased to commercial passenger airlines or otherwise alternatively sold to third parties. In this instance the two new aircraft are being sold at the prevailing market price. Profits from this sale are typical of transactions of this nature. Completion is due to occur in December 2013 in respect of the first aircraft and January 2014 in respect of the second. As a result of the sale and purchase agreement a newly incorporated wholly owned subsidiary of the Company, AVAP Aircraft Trading Pte Ltd, now holds non refundable cash deposits as security for the transactions. After the exercise of these options and the sale of the two aircraft, Avation PLC remains the owner of a further 27 options and purchase right positions, in addition to its further existing seven firm ATR72-600 aircraft orders that are scheduled for delivery in calendar year 2014. Executive Chairman, Jeff Chatfield, said, "The sale of these two aircraft is an expansion of our business scope. We are having a satisfactory year. In terms of human resources we are in the process of modestly expanding the size of our marketing team. Our core business is that of leasing commercial passenger aircraft. This transaction confirms our ability to market aircraft, which we are willing to do in appropriate economic circumstances." -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Executive Chairman +65 973514151 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

Dividend Monday 25 Nov

Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and leases them to airlines, advises that the exchange rate for the dividend payments to be made in GBP will be the USD/GBP exchange rate as at close of business on 4 November 2013; namely US$1.00 to GB£0.6263 as advised by the Company's bankers.
Accordingly, all holders of shares on the UK Register will receive a dividend paid in Sterling of 1.11 pence per share.
The Company further advises that, at the request of the service providers facilitating the payment of the dividend, the Dividend Payment Date will be moved to 25 November 2013. The Ex-Dividend Date and Record Date remain as previously announced.
For clarity and certainty: 2013 final dividend payment date 25 November 2013

Back to the sp high.

Glad I bought another 2000 last week!!

In IGI this week Mark Slater is keen to outline one corporate gem in particular. The company in question is aircraft leasing business Avation. ' It's trading at a big discount to asset value and on a single digit earnings multiple '.

Also HGR8. Both good plays on aviation/travel industry!

Robbie Burns (Naked Trader) also likes both companies!

Further Fleet Expansion

PIM

December 5, 2013 AVATION PLC (the "Company") FURTHER FLEET EXPANSION Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is expanding its order book by up to a further ten aircraft. Avation has already exercised five purchase Options with ATR to purchase an additional five ATR72-600 aircraft for delivery in 2015. The Company has now been granted a further five additional Purchase Rights on 'option aircraft' without specific delivery dates. It is intended that these five aircraft will be delivered to new and existing leasing customers of the Company. The Company is seeing strong continued demand for this aircraft type, which was important in the Company's decision to exercise the purchase options. Including this new order for aircraft, Avation today has fourteen firm ATR72-600 aircraft to be delivered before the end-2015, ten purchase options and seventeen Purchase Rights. As at today's date, thirteen ATR72 aircraft have already been delivered on lease. Commenting today, Jeff Chatfield, Chairman of Avation said; "This order for five additional ATR72-600 aircraft and the further acquisition of five additional purchase rights is an important part of our growth program. This order is a demonstration of our commitment to grow the Company's portfolio with the most modern, efficient and environmentally friendly aircraft available." -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Executive Chairman +65 973514151 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

Acquistion of One Airbus A320-200 Aircraft

PIM

RNS: AVAP 10 December 2013 AVATION PLC ("Avation" or the "Company") ACQUISTION OF ONE AIRBUS A320-200 AIRCRAFT Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, today announces that it has exercised a purchase option to acquire one Airbus A320-200 (the "Aircraft") which it had previously leased from another aircraft leasing company. In turn Avation will continue to lease the Aircraft to a major regional airline. The purchase of the Aircraft was part financed by a new senior loan on commercial terms typical of such transactions advanced by a new banker to the Company. Commenting today, Jeff Chatfield, Executive Chairman of Avation said: "The buyout of this aircraft is in line with the Company's strategy of purchasing newer aircraft and is evidence of the Company's ability to attract commercial finance from a wider universe of bankers in pursuit of that strategy". -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Chairman +44 7783 942 553 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

Completion of Sale of Aircraft

PIM

Marketwire: AVAP December 13, 2013 AVATION PLC (the "Company") COMPLETION OF SALE OF AIRCRAFT Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has formally completed the sale of an ATR72-600 aircraft being the first completion of the sale of two aircraft announced on 20 November 2013. The aircraft was acquired pursuant to the exercise of an option. This aircraft is being sold new to a third party immediately following delivery to the Company from the Manufacturer, Avions de Transport Régional (ATR) and will be operated by a new airline in Myanmar. This sale is consistent with the Company's desire to maximise the value of its aircraft delivery pipeline and a desire to assess the merits of each and every lease and disposal opportunity on a case by case basis. -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Executive Chairman +65 973514151 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

Featured in this weeks Midas tips -


Aircraft leasing group Avation has also turned in an impressive performance. Tipped at 631⁄2p in June, it has almost doubled in value over the past six months to 119p.


The business leases planes to airlines and it is growing fast by acquiring new planes and building up its customer base. Founded just seven years ago, Avation’s first client was Virgin Australia and it still leases most of its aircraft to that airline.





Take off: Virgin Australia has helped aircraft leasing firm Avation's shares almost double in value in six months



However, Thomas Cook has become a customer and other airlines are following suit. Avation is already leasing 24 aircraft and is expected to double its fleet over the next few years.


Declaring its figures in dollars because that is the currency of the aircraft industry, Avation made $12million (£7.3million) in the year to June and is expected to increase profits by more than 50 per cent to $19million in the current year, rising to $23million in 2015. Dividends are low as the group expands its fleet but payouts should become considerably more generous later this decade. Avation is unlikely to double in value again over the coming year. However, the share price should continue to rise at a steady pace, making the stock a good hold.

Up 4% today.

AVAP looks interesting technically and from a fudies point of view. (looks cheap) Airline Stocks and Travel Firms seem to be doing very well at the moment eg, IAG, EZJ, TCG.
(listed on AIM)

FUNDIES.

Latest Share Price (p) 122.00 Net Gearing (%) 70.12
Market Cap (£m) 59.02 Gross Gearing (%) 75.09
Shares in issue (m) 48.37 Debt Ratio 72.18
P/E Ratio 5.25 Debt-to-Equity Ratio 0.86
Divs per share (p) 0.00 Assets / Equity Ratio 4.02
Dividend Yield (%) 0.85 Price to book value 0.60
Dividend Cover 7.85 ROCE 0.04
Earning per share (p) 23.25 EPS Growth (%) 184.93
52-week high / low (p) 135.00 / 63.50 DPS Growth (%) -100.00

Live Chart

Hi GF

I have been doing well with this and hold from Oct at 105. One of Mark Slater's picks and I read about it in Shares Mag and like the sound of the business. It seems to have trouble punching through 130 and staying there!

Yep picked it up on my system on the MACD filter David.

Think its been spelt wrong on thread heading.

isnt it AVATION?

Anyway epic is right so no probs.

Ill be pushing it on twitter tomorrow so watch out for 130p being shattered .....LOL.