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Avation Plc (AVAP)     

dreamcatcher - 16 Jun 2013 21:12




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/Chart.aspx?Provider=EODIntra&Code=AVAP&S

dreamcatcher - 16 Nov 2017 16:54 - 169 of 201

AIRCRAFT OPTIONS PORTFOLIO
RNS
RNS Number : 6783W
Avation PLC
16 November 2017
 
AVATION PLC
("Avation" or "the Company")
AIRCRAFT OPTIONS PORTFOLIO
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has expanded its aircraft options pipeline to 30 options for new ATR72-600 aircraft over the next five years. Previously Avation had 27 options for new ATR72-600 aircraft.  
 
- ENDS -

Bullshare - 20 Nov 2017 09:39 - 170 of 201

Come to the Shares and AJ Bell evening event on 29 November 2017 in London  and find out more about Avation, GAN , Metminco, and Touchstone Exploration plus more companies to be announced.

 

If you are looking for new investment opportunities there is no better starting point than coming along to our Shares Spotlight evening event on 29 November 2017. You will have the chance to meet the directors of four fast growing companies and find out about their plans for the rest of 2017 and what is in store for 2018.

 

During the event and afterwards over drinks, investors will have the chance to listen to presentations from each of the companies and talk directly to the company directors about their plans and vision for their businesses.

 

Attend the event on 29 November and you will be entered into a prize draw to win a

Fortnum & Mason Hamper worth £100 which will be presented on the night.

 

Avation (AVAP) - Avation PLC is a specialist commercial passenger aircraft leasing company managing a fleet of aircraft which it leases to airlines across the world. Our customers include Virgin Australia, Thomas Cook, Condor, Air France, Air Berlin, Vietjet Air, Fiji Airways and UNI Air. Avation also has a subsidiary that supplies aircraft parts and spares to a range of operators, internationally.

 

GAN (GAN)GAN is a leading developer and supplier of online gaming content and enterprise-level business to business gaming software systems as well as a provider of supporting operational services. GAN has developed the GameSTACK™ Internet Gaming System (or “IGS”) which we license to online and land-based gaming operators as a turnkey technology solution for both regulated real-money and Simulated Gaming™ online. The GameSTACK™ IGS, developed in London under a UKGC license, is certified to the highest technical standards currently required by gaming regulators.

 

Metminco (MNC) - Metminco  is an exploration and mining company. MNC has a portfolio of gold and copper exploration projects located in Colombia, Peru and Chile. Projects include potential near-term production assets on which feasibility study work has commenced as well as advanced exploration and early stage exploration. Metminco’s primary focus is the Quinchia Gold Portfolio, which is located in Colombia’s Middle Cauca Belt, and has a NI 43-101 estimated Mineral Resource of 2.8 million ounces of gold and contains a number of gold deposits. The Portfolio was acquired at a very attractive valuation and Metminco is now advancing a feasibility study on the Miraflores Gold Project to be completed during Q3 2017.In Chile, the Company has three projects, the most advanced of which are the Mollacas (copper leach) and Vallecillo (polymetallic) projects, both of which have mineral resources that have been reported in accordance with the JORC. The remaining project, Loica is a large, early stage, copper-molybdenum porphyry project.

 

Touchstone Exploration (TXP) - Touchstone Exploration Inc. is a UK listed but Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders. In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad. Touchstone holds over 8,700 working interest acres of onshore producing properties that have known crude oil reserves as well as over 55,000 exploration and undeveloped working interest acres that are being evaluated.

 

Places at this event are very limited, so register now for your free ticket.

 

Who Should Attend?

The evening is a perfect opportunity for existing shareholders or potential investors to hear from those that matter, the directors running the companies and fund managers managing their fund. Who better to explain the future potential and strategy. 

Date:

Wednesday 29 November 2017

Venue:

Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR

Event Timings:
18.00 
Registration and coffee
18.30 
Presentations
• Richard Wolanski, Finance Director - Avation (AVAP)
• Dermot Smurfit, CEO - GAN (GAN)
• William Howe, Managing Director - Metminco (MNC)
• Paul Baay, CEO - Touchstone Exploration
20.30 
Drinks reception and canapés
21.30 
Close
Avation (AVAP)
Avation (AVAP) 

Avation PLC is a specialist commercial passenger aircraft leasing company managing a fleet of aircraft which it leases to airlines across the world. Our customers include Virgin Australia, Thomas Cook, Condor, Air France, Air Berlin, Vietjet Air, Fiji Airways and UNI Air. Avation also has a subsidiary that supplies aircraft parts and spares to a range of operators, internationally.

 

GAN (GAN)
GAN (GAN) 

GAN is a leading developer and supplier of online gaming content and enterprise-level business to business gaming software systems as well as a provider of supporting operational services. GAN has developed the GameSTACK™ Internet Gaming System (or “IGS”) which we license to online and land-based gaming operators as a turnkey technology solution for both regulated real-money and Simulated Gaming™ online. The GameSTACK™ IGS, developed in London under a UKGC license, is certified to the highest technical standards currently required by gaming regulators.

Metminco (MNC)
Metminco (MNC) 

Metminco (MNC),  is an ASX and London AIM listed exploration and mining company. MNC has a portfolio of gold and copper exploration projects located in Colombia, Peru and Chile. Projects include potential near-term production assets on which feasibility study work has commenced as well as advanced exploration and early stage exploration.

Metminco’s primary focus is the Quinchia Gold Portfolio, which is located in Colombia’s Middle Cauca Belt, and has a NI 43-101 estimated Mineral Resource of 2.8 million ounces of gold and contains a number of gold deposits. The Portfolio was acquired at a very attractive valuation and Metminco is now advancing a feasibility study on the Miraflores Gold Project to be completed during Q3 2017.

In Chile, the Company has three projects, the most advanced of which are the Mollacas (copper leach) and Vallecillo (polymetallic) projects, both of which have mineral resources that have been reported in accordance with the JORC. The remaining project, Loica is a large, early stage, copper-molybdenum porphyry project.

TI.aspx?TS=Website&TCDCId=0902540a-3378-

Touchstone Exploration
Touchstone Exploration 
Touchstone Exploration Inc. is a UK listed but Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.
 
In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad. Touchstone holds over 8,700 working interest acres of onshore producing properties that have known crude oil reserves as well as over 55,000 exploration and undeveloped working interest acres that are being evaluated.
Sponsored by:
AJ Bell Youinvest
PrimaryBid

VICTIM - 20 Nov 2017 11:55 - 171 of 201

Cannacord got a 300p target here , dissapointing last few weeks , seem to be looking to future here this company .

dreamcatcher - 20 Nov 2017 17:26 - 172 of 201

Proactive investor - Avation should be trading at a premium to NAV, Canaccord Genuity says
Share
12:56 20 Nov 2017
“Contrary to airlines, leasing companies like Avation have excellent long term revenue visibility and are consistently profitable,” the broker said.

Avation’s customers include EasyJet, Air France, Virgin Australia, EVA, Thomas Cook, Philippine Airlines and VietJet
Canaccord Genuity has initiated coverage on aircraft leasing company Avation PLC (LON:AVAP) with a ‘buy’ recommendation and a 300p target price.
The broker, which has just been appointed joint broker to the company, said Avation is a relatively low-risk, asset-backed business with excellent growth prospects.
“Future growth is reinforced by the virtuous circle of more aircraft (types), more blue chip airlines on long term leases, enhanced scale and diversification, lower costs of debt through improved credit ratings and improved margins and earnings growth,” Canaccord Genuity asserted.
As for the “low-risk” bit of the equation, the broker noted that counterparty risk is kept at a low level through having a broad spectrum of commercially viable airline customers in Europe and Asia-Pacific.
Avation’s customers include EasyJet, Air France, Virgin Australia, EVA, Thomas Cook, Philippine Airlines and VietJet.
Although well-publicised airline collapses might indicate to the contrary, Avation is serving a sector where the growth prospects are decent; aeroplane makers Boeing and Airbus predict average growth of 4.4%-4.7% for the next 20 years.
“Contrary to airlines, leasing companies like Avation have excellent long term revenue visibility and are consistently profitable,” the broker said.
The company has doubled the value of its fleet every three years in each of the past five years, and with roughly half of the 35,000-40,000 global aircraft deliveries over the next 20 years expected to be financed by lessors, there should be plenty of growth.
With the share price trading at a 12% discount to its net asset value per share (NAV), Canaccord thinks the shares are a bargain at 214p and that they should be trading a premium to NAV.

dreamcatcher - 27 Nov 2017 17:50 - 173 of 201

FIRST ATR 72-600 DELIVERY TO MANDARIN
RNS
RNS Number : 5251X
Avation PLC
25 November 2017
 
AVATION PLC
("Avation" or "the Company")
 
FIRST ATR 72-600 DELIVERY TO MANDARIN AIRLINES
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has delivered a new ATR 72-600 aircraft to Mandarin Airlines, a subsidiary of Taiwan's flag carrier China Airlines. The delivery is the first in a series of new ATR 72-600 aircraft which will be delivered to Mandarin Airlines before the end of the year under leases that were announced on the 19th of July 2017. The leases are at market rates and the lease term is 8 years.
 
Avation PLC Executive Chairman, Jeff Chatfield said: "This is a milestone for the Company as it is the 30th new ATR 72 that the Company has taken delivery of. We are satisfied with the financial returns provided by the ATR 72 aircraft type. Globally the ATR 72-600 is the most popular regional turboprop aircraft and provides our airline customers with the most cost effective and environmentally friendly solution for regional airlines.
 
We are also proud to be associated with Mandarin Airlines and the China Airlines Group and we look forward to developing our partnership in future."
 
- ENDS -

dreamcatcher - 18 Dec 2017 16:54 - 174 of 201

Avation PLC: Canaccord reiterates buy at a target price of 300p

dreamcatcher - 18 Dec 2017 16:56 - 175 of 201

Boeing Avation Deliver Philippine Airlines 777-300
RNS
RNS Number : 5742Z
Avation PLC
17 December 2017
 
AVATION PLC
("Avation" or "the Company")
 
Boeing, Avation PLC Deliver Philippine Airlines' 10th 777-300ER
 
The Board of Avation PLC (LSE: AVAP), announces that the Company has acquired and delivered into service a new Boeing 777-300ER commercial passenger aircraft. 
 
The new Boeing 777-300ER aircraft is on long term lease at typical commercial rates for such aircraft with Philippine Airlines.  The Company understands that the 777 is the world's most successful twin-engine, long-haul airplane. The 777-300ER is equipped with the world's most powerful GE90-115B commercial jet engines, and can seat up to 386 passengers in a three-class configuration with a maximum range of 7,825 nautical miles (14,490 kilometers). This represents completion of the transaction announced by AVAP on the 11th of October 2017. The aircraft is the tenth 777-300ER operated by Philippine Airlines.
 
Avation PLC Executive Chairman Jeff Chatfield said:  "We're pleased our first twin-aisle delivery is a Boeing 777, the marquee airplane in its class. We're confident this airplane will complement our regional and single-aisle fleet and help Avation continue to grow as a full-service commercial aircraft lessor."
 
The full text of the relevant Boeing announcement is included below.
 
-ENDS-

VICTIM - 18 Dec 2017 17:08 - 176 of 201

Have you ever been awarded an MBE for your services to share holders dream , I'll have a word with Treesa .

dreamcatcher - 18 Dec 2017 17:09 - 177 of 201

I'm a Sir. :-))

VICTIM - 18 Dec 2017 17:12 - 178 of 201

Well I'm glad your not a Madam , Sir .

dreamcatcher - 18 Dec 2017 17:13 - 179 of 201

No certainly not. lol

VICTIM - 20 Dec 2017 07:24 - 180 of 201

Good trading update at AGM today ,

VICTIM - 22 Dec 2017 12:37 - 181 of 201

Another RNS out Airbus 330 acquired and leased to Taiwan Airlines .

VICTIM - 22 Dec 2017 12:47 - 182 of 201

Missed earlier RNS lease of Airbus to Easyjet .

dreamcatcher - 22 Dec 2017 16:24 - 183 of 201

Should see new highs in 2018.

dreamcatcher - 29 Dec 2017 11:41 - 184 of 201

Avation delivers third ATR 72-600 to Mandarin Airlines
StockMarketWire.com
Avation has delivered a third new ATR 72-600 aircraft to Mandarin Airlines, a subsidiary of Taiwan's flag carrier China Airlines.

This delivery aircraft serial number 1473 is from a series of new ATR 72-600 aircraft which were to be delivered to Mandarin Airlines before the end of 2017 under leases that were announced on 19 Jul.

Avation said the leases were at market rates and the lease duration was eight years. Executive chairman Jeff Chatfield said: 'We are pleased to have completed this delivery programme before the end of 2017 and to be the lessor selected by Mandarin Airlines to introduce the ATR 72-600 into their fleet.

'Globally the ATR 72-600 is the most popular regional turboprop aircraft and provides our airline customers with the most cost effective solution for regional operations.

'This aircraft MSN1473 is the company's 31st ATR 72-600 new aircraft delivery.'

At 8:52am: (LON:AVAP) Avation Plc share price was -3.5p at 233p


Story provided by StockMarketWire.com

Bullshare - 25 Jan 2018 14:30 - 185 of 201

Come and join Shares and AJ Bell Media at their Edinburgh investor evening on Wednesday 28 February 2018.
 
Our evening event provides an opportunity for Board Directors, from dynamic companies that are listed on the London Stock Exchange, to make a presentation and talk about their company business plans for 2018 direct to existing & potential investors.
 
During the event and afterwards over drinks, investors will have the chance to get to know the companies better by talking one on one with the company directors.
 
All attendees will be entered into free prize draws for:
 
Sparkling afternoon tea for TWO in majestic surroundings of The Dome’s Georgian Tea Room in George Street, in the heart of the city of Edinburgh. http://www.thedomeedinburgh.com/
 
Evening Wine Tasting Gift Experience at the Lothian Wine School in Edinburgh. A gift voucher for TWO places on one of their weekly evening tastings in Edinburgh City Centre. http://www.lothianwineschool.com
 
 
Companies booked to attend include:
 
ANGLE (AGL)  - ANGLE plc is a specialist medtech company listed on the London Stock Exchange AIM market.  ANGLE's lead product is the Parsortix micro-fluidic cell separation device, which can capture very rare circulating tumour cells (CTCs) in cancer patient blood – even when there is less than one CTC in one billion healthy cells. ANGLE secured CE Mark regulatory authorisation for the clinical market in December 2013 and FDA authorisation work is in progress.
 
The primary application is the capture of circulating tumour cells (CTCs) in patient blood for;  Early detection of cancer; Personalised cancer treatment; Monitoring of cancer patients during treatment; and  Post-treatment monitoring of cancer patients in remission.
 
 
Avation (AVAP) - Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are admitted to the standard segment of the UK listing authority's official list and 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 Flybe, Virgin Australia, Thomas Cook, Condor, Air France, easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways and Mandarin Airlines. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.
 
 
Cadence Minerals (KDNC) - Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
 
 
First Sentinel - First Sentinel is a consortium of companies focused on alternative investments, specializing in equity and debt deals with appealing IRRs, as well as traditional Corporate Finance and Legal Services.
 
This consortium enables us to support our clients end to end, whether it be the individual investor or corporate offering.
 
First Sentinel PLC (NEX: FSEN) is an alternative investment company that provides growth capital for public and private company investments. 
 
 
PrimaryBid - PrimaryBid the leading online equity funding platform, available on both web and mobile, that enables investors to gain access to placings, fundraisings and IPOs of AIM-listed companies. The platform is open to all investors and is supported by the broking community as a way of accessing, on behalf of their AIM clients seeking capital, the large and active private investor market, as well as institutions.  To date almost £37m has been sourced for issuers, via the platform.
 
 
Sound Energy (SOU) - Sound Energy plc is a growth focused and private investor centric Moroccan gas explorerlisted on AIM and benefit from: a low cost, multi Tcf potential onshore gas discovery; a strategic partnership with Schlumberger - one of the largest companies in our sector; two supportive cornerstone investors; a potentially transformational drill programme, and a strong retail shareholder base
 
We are pursuing an onshore gas strategy underpinned by strong gas market fundamentals, which is proving very robust to the current oil price environment and to an increasingly carbon-conscious world. Gas is, rightly, seen as a cleaner alternative to coal and oil.
 
We are focused on unlocking the Moroccan gas promise, which includes:
 
Proving further volumes with three bold exploration wells in Eastern Morocco (starting early 2018), each with multi Tcf potential
 
De-risking of it’s 31 Tcf exploration potential in Eastern Morocco and up to 9 Tcf in Sidi Moktar through shooting new seismic and aerial gradiometry
 
Development of it’s existing 0.6 Tcf gas discovery (with first gas targetted for end 2019 / early 2020)
 
 
SkinBioTherapeutics (SBTX) - SkinBioTherapeutics is a life science company focused on skin health. The Company’s proprietary platform technology, SkinBiotix, is based upon discoveries made by CEO Dr. Catherine O’Neill and Professor Andrew McBain at The University of Manchester.
 
The SkinBioTherapeutics’ platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to skin. The Company has shown that the SkinBiotix® platform can improve the barrier effect of skin models, improve repair and reduce bacterial load.
 
SkinBioTherapeutics is targeting three specific skin healthcare sectors; cosmetics, infection control and eczema. In each of these areas SkinBioTherapeutics plans to exemplify its technology in human studies. The most advanced programme is focused on the application of the Skinbiotix® platform in managing sensitive skin in the cosmetics industry. The business strategy is to partner and outlicense its programmes at proof of concept.
Who Should Attend?

The evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.

Date:

Wednesday 28 February 2018

Venue:

Radisson Blu Hotel Edinburgh, 80 High Street, The Royal Mile, Edinburgh, EH11TH

Event Timings:
17.30 
Registration and coffee
18.00 
Presentations
• Ian Griffiths, FD - ANGLE
• Andrew Newland, Chief Executive - ANGLE
• Richard Wolanski, Finance Director - Avation (AVAP)
• Kiran Morzaria, Director & CEO - Cadence Minerals (KDNC)
• Brian Stockbridge, CEO - First Sentinel
• Dave Mutton, COO - PrimaryBid
• Cath O'Neill, CEO - SkinBioTherapeutics
• JJ Traynor, CFO - Sound Energy (SOU)
21.00 
Drinks reception and canapés
22.00 
Close
PrimaryBid
PrimaryBid 

PrimaryBid is a leading FinTech business enabling investors to gain access to fundraisings of companies listed on UK Stock Exchanges.  Our unique solution connects the large and active pool of private investors, with companies seeking to raise capital by issuing new shares.

Traditionally, fundraises for listed companies have only been accessible by Institutions and a small number of high net worth investors, PrimaryBid allows all investors to have access to these fundraises at the same time and the same price, delivering open access regardless of the size of their investment.  To date over £52m has been sourced via the platform.

ANGLE
ANGLE 

ANGLE plc is a specialist medtech company listed on the London Stock Exchange AIM market (AGL.L).

ANGLE's lead product is the Parsortix micro-fluidic cell separation device, which can capture very rare circulating tumour cells (CTCs) in cancer patient blood – even when there is less than one CTC in one billion healthy cells. ANGLE secured CE Mark regulatory authorisation for the clinical market in December 2013 and FDA authorisation work is in progress.

The primary application is the capture of circulating tumour cells (CTCs) in patient blood for:

·         Early detection of cancer;

·         Personalised cancer treatment;

·         Monitoring of cancer patients during treatment; and

·         Post-treatment monitoring of cancer patients in remission.

Avation (AVAP)
Avation (AVAP) 

Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are admitted to the standard segment of the UK listing authority's official list and 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 Flybe, Virgin Australia, Thomas Cook, Condor, Air France, easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways and Mandarin Airlines. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.

Cadence Minerals (KDNC)
Cadence Minerals (KDNC) 

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

First Sentinel
First Sentinel 

First Sentinel is a consortium of companies focused on alternative investments, specializing in equity and debt deals with appealing IRRs, as well as traditional Corporate Finance and Legal Services.

This consortium enables us to support our clients end to end, whether it be the individual investor or corporate offering.

First Sentinel PLC (NEX: FSEN) is an alternative investment company that provides growth capital for public and private company investments. (NEX: FSEN).

 

SkinBioTherapeutics
SkinBioTherapeutics 

SkinBioTherapeutics is a life science company focused on skin health. The Company’s proprietary platform technology, SkinBiotix®, is based upon discoveries made by CEO Dr. Catherine O’Neill and Professor Andrew McBain at The University of Manchester.

The SkinBioTherapeutics’ platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to skin. The Company has shown that the SkinBiotix® platform can improve the barrier effect of skin models, improve repair and reduce bacterial load.

SkinBioTherapeutics is targeting three specific skin healthcare sectors; cosmetics, infection control and eczema. In each of these areas SkinBioTherapeutics plans to exemplify its technology in human studies. The most advanced programme is focused on the application of the Skinbiotix® platform in managing sensitive skin in the cosmetics industry. The business strategy is to partner and outlicense its programmes at proof of concept.

Sound Energy (SOU)
Sound Energy (SOU) 
Sound Energy plc is a growth focused and private investor centric Moroccan gas explorerlisted on AIM and benefit from: a low cost, multi Tcf potential onshore gas discovery; a strategic partnership with Schlumberger - one of the largest companies in our sector; two supportive cornerstone investors; a potentially transformational drill programme, and a strong retail shareholder base
 
We are pursuing an onshore gas strategy underpinned by strong gas market fundamentals, which is proving very robust to the current oil price environment and to an increasingly carbon-conscious world. Gas is, rightly, seen as a cleaner alternative to coal and oil.
 
We are focused on unlocking the Moroccan gas promise, which includes:
 
Proving further volumes with three bold exploration wells in Eastern Morocco (starting early 2018), each with multi Tcf potential

 

De-risking of it’s 31 Tcf exploration potential in Eastern Morocco and up to 9 Tcf in Sidi Moktar through shooting new seismic and aerial gradiometry

 

Development of it’s existing 0.6 Tcf gas discovery (with first gas targetted for end 2019 / early 2020)
Sponsored by:
AJ Bell Youinvest
PrimaryBid

dreamcatcher - 25 Feb 2018 17:21 - 186 of 201

Interims Monday 26 Feb 18

dreamcatcher - 26 Feb 2018 07:14 - 187 of 201

Half year report

Key Financial Metrics
· Fleet assets increased by 35% to $1.008 billion since 30 June 2017;
· Revenue increased by 16% year on year to $52.4 million;
· Weighted average cost of total debt declined to 4.8%;
· Total profit after tax decreased by 8% year on year to $6.7 million; and
· Earnings per share ("EPS") decreased 15% year on year to 10.9 cents.
Operational Highlights
· Record growth with over $286 million in aircraft acquired in December 2017;
· First twin-aisle aircraft delivered into the fleet;
· First Boeing aircraft delivered into the fleet;
· Airbus A320 transitioned from Air Berlin to easyJet; and
· Four new customers added taking total airline customers to twelve.

dreamcatcher - 05 Mar 2018 18:23 - 188 of 201

MIDAS SHARE TIPS UPDATE: Growth is taking off for aircraft leasing business Avation
By Joanne Hart, Financial Mail on Sunday
Published: 10:43, 5 March 2018 | Updated: 10:43, 5 March 2018

Aircraft leasing firm Avation has delivered soaraway growth since Midas recommended the shares in 2013.
Then the stock was 63½p and the company’s fleet was valued at £240 million. Today, the shares are 223p and the fleet is worth just over £1 billion.
Avation owns 37 planes, leased to customers such as easyJet, Thomas Cook, Virgin Australia and Mandarin Airlines.


Looking ahead: Avation has added new planes to its fleet and attracted new customers
Chairman Jeff Chatfield is based in Singapore, because the Asian air travel market is growing fast, as incomes rise in the region.
Interim results last week revealed strong growth, as the group has added new planes to its fleet and attracted new customers.


The group reports in dollars so a profit of $18.2 million (£13.2 million) is expected for the year to June 30, rising to $23.5 million next year. A dividend of 6 cents (4.4p) is forecast for 2018, rising to 6.6 cents next year.
Midas verdict: Avation has performed well since 2013 but there is more to come. Existing investors should retain most of their shares, while new investors could also see value at 223p.
Traded on: Main Market Ticker: AVAP


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