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Towards the end of October, previously updating on Gama Aviation (GMAA) it was from “expectations for the full year remain unchanged” to expects “$3m below” in just 5 weeks! – and the shares approaching 18% lower, at 125p. I warned still to avoid – and today a “2018 Full Year Update and 2019 Outlook”…
In June, previously writing on Gama Aviation (GMAA) I questioned is “flat” trading really “broadly satisfactory”? and noted, despite a share price fall to below 200p, I avoided. Today a “Trading Update” - and the shares currently approaching 18% lower, at 125p…
Gama Aviation (GMAA) CEO, Marwan Khalek, is “pleased with the progress that we are making in implementing our 2018 strategic plan… With the strengthened leadership team now established, we are even better equipped to deliver on our strategic objectives”. Sounds good… so why a current more than 12% share price decline on the announcement including it?...
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