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Signature Aviation (SIG) fka BBA Aviation (BBA)
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No penny shares or promotional posts
No penny shares or promotional posts
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- 2 Lemon pips
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Signature Aviation (SIG) fka BBA Aviation (BBA)
https://www.investegate.co.uk/bba-aviation-plc--bba-/rns/final-results/201903050700138107R/
2018 results
Price down 7.5% on the day
Dividend up 5%
2018 results
Price down 7.5% on the day
Dividend up 5%
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- 2 Lemon pips
- Posts: 221
- Joined: November 4th, 2016, 5:03 pm
- Has thanked: 175 times
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Revenue up but profit after tax slightly down, which isn’t an ideal combination.
Net debt up 10%
Nothing much to worry about in my view and the price reverse just gets us back to the price last month. They were on the periphery of my top up list before today, so might get a top up soon
Wasron
Net debt up 10%
Nothing much to worry about in my view and the price reverse just gets us back to the price last month. They were on the periphery of my top up list before today, so might get a top up soon
Wasron
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
10.07 cents (+5% on previous year)
ex-d 12/4/2019
payable 24/5/2019
ex-d 12/4/2019
payable 24/5/2019
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
BBA sells aircraft parts business. Well received by the market.
https://uk.reuters.com/article/uk-bba-a ... KKCN1UP0JQ
https://otp.investis.com/clients/uk/bba ... id=1317771
Best wishes,
Steve
https://uk.reuters.com/article/uk-bba-a ... KKCN1UP0JQ
https://otp.investis.com/clients/uk/bba ... id=1317771
Best wishes,
Steve
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
https://www.bbaaviation.com/news/press- ... 30-07-2019
If I've done my arithmetic correctly this means a return of capital of about $0.75 pers share. The sale is due to complete in q4 2019.
How is a return of capital treated for tax purposes? (I should know but have forgotten). Will there be a Capital Gain from this? (Planning my CGT management).
Best wishes,
Steve
If I've done my arithmetic correctly this means a return of capital of about $0.75 pers share. The sale is due to complete in q4 2019.
How is a return of capital treated for tax purposes? (I should know but have forgotten). Will there be a Capital Gain from this? (Planning my CGT management).
Best wishes,
Steve
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- Lemon Half
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Steveam wrote:How is a return of capital treated for tax purposes? (I should know but have forgotten). Will there be a Capital Gain from this? (Planning my CGT management).
It depends how they structure it.
Their choices are a return of capital which counts for CGT as being treated as a part disposal or a special dividend which counts against the £ 2000 allowance.
It used to be possible to allow the holder to make a choice, but that was outlawed a while back when Osborne was Chancellor. It may still be legal to offer a scheme with a deferred gain, one where the holder can elect to make the disposal in the 2020-21 tax year.
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
https://www.bbaaviation.com/news/press- ... 01-11-2019
Details of the Ontic disposal and the return to shareholders.
$0.8071 per share payable 13-Dec as a special dividend. Consolidation of 5 for 4.
The remains company will be renamed Signature Aviation.
About what I was expecting. Not yet sure whether I’ll remain a shareholder of Signature Aviation.
Best wishes,
Steve
Details of the Ontic disposal and the return to shareholders.
$0.8071 per share payable 13-Dec as a special dividend. Consolidation of 5 for 4.
The remains company will be renamed Signature Aviation.
About what I was expecting. Not yet sure whether I’ll remain a shareholder of Signature Aviation.
Best wishes,
Steve
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Today: Consolidated 4 for 5 and renamed to Signature Aviation (SIG).
Special dividend due 13-Dec-2019.
Best wishes,
Steve
Special dividend due 13-Dec-2019.
Best wishes,
Steve
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Special dividend in UK£ 62.50772p/s payable 13-Dec.
Best wishes,
Steve
Best wishes,
Steve
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- Lemon Slice
- Posts: 998
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Now renamed Signature Aviation
Announcement about possible offer and share price movement.
https://otp.tools.investis.com/clients/ ... id=1437132
Best wishes,
Steve
Announcement about possible offer and share price movement.
https://otp.tools.investis.com/clients/ ... id=1437132
Best wishes,
Steve
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- Lemon Half
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Re: Signature Aviation (SIG)
Steveam wrote:Now renamed Signature Aviation
As you said back in November 2019 when the change of name was confirmed.
Will report this post to see how TLF deal with names changes.
Should the Subject heading be changed to Signature Aviation (SIG) or Signature Aviation (SIG) fka BBA Aviation (BBA)?
or
Open a new listing (as for Investegate)?
If the latter should your posts post 22 November 2019 be moved there (maybe with a link)?
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Carlyle contemplates bid ... this is in the context of the current expression of interest from Blackstone.
https://news.sky.com/story/carlyle-hire ... d-12181661
Best wishes,
Steve
https://news.sky.com/story/carlyle-hire ... d-12181661
Best wishes,
Steve
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- The full Lemon
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Steveam wrote:Carlyle contemplates bid ... this is in the context of the current expression of interest from Blackstone.
https://news.sky.com/story/carlyle-hire ... d-12181661
Damn, sold my holding in September. Got bored with it after a few years of it not doing too much.
Only 1,000 shares but I hate missing out on a bidding war.
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
From Reuters: “Signature Aviation jumped 6% after Global Infrastructure Partners, the co-owner of London’s Gatwick Airport, said that it reached an agreement to buy the company for about $4.63 billion, trumping an approach from Blackstone Group.”
and RNS
https://otp.tools.investis.com/clients/ ... id=1443116
Best wishes,
Steve
and RNS
https://otp.tools.investis.com/clients/ ... id=1443116
Best wishes,
Steve
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- Lemon Slice
- Posts: 998
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Increased recommended offer ... $5.62 (£4.11)
https://www.signatureaviation.com/~/med ... ionplc.pdf
Best wishes,
Steve
https://www.signatureaviation.com/~/med ... ionplc.pdf
Best wishes,
Steve
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Latest update. Detailed timetable etc.
https://www.signatureaviation.com/~/med ... etable.pdf
Best wishes,
Steve
https://www.signatureaviation.com/~/med ... etable.pdf
Best wishes,
Steve
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- Lemon Slice
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Court sanction given. Shares expected to be delisted 1-June. Proceeds expected about 15-June.
This will have been a very profitable adventure for me.
Best wishes,
Steve
This will have been a very profitable adventure for me.
Best wishes,
Steve
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- Lemon Slice
- Posts: 998
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Re: Signature Aviation (SIG) fka BBA Aviation (BBA)
Proceeds from delisting received today. End of story.
Best wishes,
Steve
Best wishes,
Steve
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