Wellcamp

[fly_tornado]

First equine cargo departs from Wellcamp

 

WELLCAMP Airport became the departure point for a large consignment of thoroughbred racehorses last week, a first for the facility.

 

Twenty-one horses, purchased through the Magic Millions Sales, arrived at Wellcamp a few hours before their departure last Monday. They were loaded onto the weekly Cathay Pacific Cargo service freighter bound for South Korea.

 

Equine International Airfreight was the company charged with the responsibility of preparation and handling.

 

"Moving horses from Australia is not uncommon, but it is uncommon to be moving horses directly out of Queensland to an overseas destination," Equine International Airfreight Managing Director Cameron Croucher said.

 

"We have been working on this for quite some time and we are delighted that Toowoomba Wellcamp Airport has been so supportive."

 

The horses were loaded into air stables that can comfortably fit three large horses in each container. During the flight they are monitored by experienced, professional flying grooms and provided feed and water.

 

finally found a niche

 

 

[onetrack]

That's some niche to find. Those high-flying, mega-buck racehorse owners would happily pay huge money to ship their prize steeds around the world. Once you're in with the global racehorse set, money is no object.

 

What next, I wonder? Shipping some of our top quality bush camels to Saudi Arabia, to boost their weakling, inbred racing camels?? 

 

Ahh, hang on, they'd have to go via Emirates, wouldn't they? Well, there's another target market for Wellcamp - getting the Middle Eastern airlines to include the place in the ME carriers stopovers.

 

 

[turboplanner]

At the time the brisbane west wellcamp name did seem like CASA thought the whole thing was a bit of a laugh. It's a shame that so many people took it so seriously.

I don't think too many people even heard about it, or cared.

 

 

[fly_tornado]

That's some niche to find. Those high-flying, mega-buck racehorse owners would happily pay huge money to ship their prize steeds around the world. Once you're in with the global racehorse set, money is no object.

unfortunately it's a bit of drive for the melbourne cup 

 

 

[fly_tornado]

huge opportunity for @mnewbery to get back into the game

 

 

Qantas changes training provider for Toowoomba Pilot Academy

 

 

 

Tobi Loftus

 

2-3 minutes

 

 

 

 

 

 

 

 

 

 

 

 

 

13th Mar 2019 5:00 AM

 

 

 

 

 

 

 

 

Subscriber only

QANTAS will no longer work with training provider L3 as part of its plan to build a pilot training academy at Wellcamp Airport.

 

A spokeswoman for the airline confirmed the decision this week.

 

"We expect to instead be working with another training provider and we will be in a position to announce this soon," she said.

 

"It has no impact on our plans to start training in mid-2019."

 

Architects are currently working on the final designs for the facilities, including hangars, classrooms and student accommodation. These plans are expected to be lodged with Toowoomba Regional Council soon.

 

The airline is also working on scholarships program for the academy, which will make a number of grants available to students who need it. There will also be a mentoring program with senior Qantas Group pilots for students.

 

Qantas Group Pilot Academy executive manager Wes Nobelius said everything was on track for the academy to accept its first students in the middle of this year.

 

"It's been a busy couple of months for the Pilot Academy team with detailed design work under way with the Wagners and the local community to bring together plans for our new Pilot Academy," Mr Nobelius said.

 

"Naturally, it takes time to have facilities designed, approved and built so to make sure we can start training as soon as possible, we're looking at temporary accommodation for the first intake of students in the mid-2019."

 

Toowoomba was announced as the location of the first of two much anticipated Qantas Pilot Academies in September last year. The second location has not been named.

 

Once it is fully operational the academy will have the capacity to train up to 250 pilots a year. The academy site will create ongoing employment for up to 160 people.

 

[fly_tornado]

Imagine chasing that $10M by spending more money on Wellcamp's 1 flight a week freight business

 

Wagners to submit business case for massive freight hub

 

Weather

 

2-3 minutes

 

18th Mar 2019 5:00 AM | Updated: 12:51 PM

 

Subscriber only

 

WAGNERS has been invited to submit a business case for a multimillion-dollar agricultural export distribution centre at Toowoomba Wellcamp Airport.

 

State Development Minister Cameron Dick said the State Government made an election commitment to provide up to $10 million from its $150 million Jobs and Regional Growth Fund for the project.

 

Wagner Corporation and Air Freight Handling Services in Cairns were the two companies selected to put together detailed business cases.

 

"The delivery of this election commitment will support the development and construction of an agricultural export distribution pilot centre in regional Queensland," Mr Dick said.

 

"Wagner Corporation will now start work on a business case for Toowoomba, after progressing through the expression of interest process, which attracted detailed proposals from across Queensland.

 

"An export distribution centre of this type is new for Queensland, and we are taking our time to get it right.

 

"A final decision on the outcome of the process and the location of the regional export distribution hub will be made later this year."

 

Mr Dick said a Regional Export Distribution Centre would help boost rapid airfreight access for Queensland agricultural producers.

 

"This type of facility has the potential to help our primary producers access key international markets, while supporting regional jobs and enhancing agricultural productivity," he said.

 

 

[APenNameAndThatA]

Imagine chasing that $10M by spending more money on Wellcamp's 1 flight a week freight business

 

Wagners to submit business case for massive freight hub

 

Weather

 

2-3 minutes

 

18th Mar 2019 5:00 AM | Updated: 12:51 PM

 

Subscriber only

 

WAGNERS has been invited to submit a business case for a multimillion-dollar agricultural export distribution centre at Toowoomba Wellcamp Airport.

 

State Development Minister Cameron Dick said the State Government made an election commitment to provide up to $10 million from its $150 million Jobs and Regional Growth Fund for the project.

 

Wagner Corporation and Air Freight Handling Services in Cairns were the two companies selected to put together detailed business cases.

 

"The delivery of this election commitment will support the development and construction of an agricultural export distribution pilot centre in regional Queensland," Mr Dick said.

 

"Wagner Corporation will now start work on a business case for Toowoomba, after progressing through the expression of interest process, which attracted detailed proposals from across Queensland.

 

"An export distribution centre of this type is new for Queensland, and we are taking our time to get it right.

 

"A final decision on the outcome of the process and the location of the regional export distribution hub will be made later this year."

 

Mr Dick said a Regional Export Distribution Centre would help boost rapid airfreight access for Queensland agricultural producers.

 

"This type of facility has the potential to help our primary producers access key international markets, while supporting regional jobs and enhancing agricultural productivity," he said.

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This should be sufficient for current, and future, needs. 

 

 

[pmccarthy]

So the relevant minister is a dick?

 

 

[fly_tornado]

Cameron Dick and Milton Dick are ALP royalty in QLD, at one stage there was talk of Dick challenging Palaczszuk 

 

[ATTACH]38847[/ATTACH]/monthly_2019_03/911751779_WagnerInfrastructure.png.aaeb8ca4fdfed37f419ca162e3cb647d.png" data-ratio="75.21">

This should be sufficient for current, and future, needs.  

we've just spent $1.6B building the Range bypass to allow faster road access to Brisbane for freight, throwing $10M of gov money at Wellcamp seems bit stupid.

 

 

[fly_tornado]

woh wagners are in big trouble, lost a $40M a year customer

 

Wagners’ stock crashed over 23% after the company suspended cement supply to Boral

 

The news sent the Wagners stock price to crash straight, carving out 23.853% from the stock value on 19 March 2019. This led the WGN to close at $2.490 with the price to earnings multiple of 35.540 x and a market capitalisation of $527.7 million.

 

The market sentiments were driven by the prospective financial impact of suspension which could wipe out approximately $20 million of the company’s revenue during the maximum suspension period of six months.

 

However, the suspension may be lifted on the dissolution of dispute subsequent to courts orders or resolution regarding the validity of the Pricing Notice. As of now, both the resolution and determination by the courts remain pending.

 

The report further confirmed that if the Pricing Notice gets proved not to be bona fide and therefore invalid, the company’s Fiscal 2019 revenue and earnings are expected not be impacted.

 

To win the trust of shareholders, Wagners stated that as per its belief the election it has taken under the CSA to suspend supply and to dispute the validity of the Pricing Notice is in the best long term interest of its shareholders. It is supported by the fact that if the Pricing Notice gets proved to be valid and accepted it might have long term impact on the company as well as on the entire the cement industry throughout Queensland and New South Wales.

 

 

[onetrack]

This is just typical corporate manoeuvring, jousting to get the best supply price deal. It happens every week in corporate Australia. Boral have just pulled out the Bunnings offer - "If you can get it elsewhere cheaper, we'll beat their price by 10%".

 

Adelaide Brighton Cement is facing similar pressure to reduce margins, because cement demand is falling somewhat, with the slowdown in housing and apartment construction. 

 

Wagners and Boral will simply front up to each other and joust in the finest corporate fashion, with Wagners simply saying, "Alright, let's go to the arbitrator, and you put your money where your mouth is" - i.e., show us that your lower cement price offer is genuine.

 

Cement production in Australia is pretty competitive now, it's not like it's a high-profit-margin industry, facing competition from cheap imports. Imported cement quantities are less than 200,000 tpa, a very low percentage of overall cement usage in Australia.

 

Wagners are only in a bind with cement pricing because of their own desire to become a dominant player in the industry. They own 3 cement plants now, and have plans for building 7 more.

 

In a period of economic slowdown, which we are definitely now facing, they'd be well-advised to shelve some of their cement production expansion plans until the construction industry shows signs of expanding again.

 

In overall terms, even if Boral do win, with a genuine lower cement price offer, the $20M loss to Wagners bottom line isn't anything more than a mozzie bite to their total operations and income.

 

The violent reaction in the share price fall is typical of stock market over-reaction. Sounds like someone made a heap of money buying Wagners shares at the 23% share price discount, two days ago.

 

 

[fly_tornado]

23% is a good short, you could argue that the excess cement coming onto the market due to the downturn in the building industry is going to drive out high cost producers like Wagners.

 

 

[dunlopdangler]

Quite right one track,  there is a bit of maneuvering being done here, firstly there is a slump in the building industry and as Boral have four of their own cement plants down south.. they would feeling the pressure and have gone to Wagners and tried a lower price adjustment which Wagners would then have told them to tell their story walking. With the end of Wagners concrete plant participation exclusion now ended. Wagners will be able to participate in the ready mixed concrete market again and with 9 brand new concrete plants being constructed in SEQ, this industry will have a little bit of a shake up.. I would say the shares that were dropped into the market causing the share price hiccup would be as a result of  a few factors within this scope and what a great time to do this.. bottom line is, there won't be any negative affect on Wagner operations, and the share prices will recover.  

 

 

[M61A1]

Do these journos mean "concrete" when they say "cement"?

 

 

[Old Koreelah]

Do these journos mean "concrete" when they say "cement"?

A bit like saying mince meat when they mean spaghetti bog...

 

 

[M61A1]

A bit like saying mince meat when they mean spaghetti bog...

The two things are very different (cement and concrete). Generally here we have two types of concrete, Bituminous Concrete and Cementious Concrete. Bituminous Concrete or Asphalt seems to just get called "bitumen" while Cementious Concrete gets called "cement". The cement and bitumen are just binders.

 

While Boral has a cement plant, which is a very large mill to combine and pulverize the components, they also have many Concrete plants which are entirely different. I'm fairly sure that Wagners don't have a cement plant, but many concrete plants and quarries.

 

 

[onetrack]

Wagners prospectus stated that "Wagners is the largest independently-owned cement manufacturer and supplier in SE QLD., supplying approximately one-third of the markets cement requirements". (1.1. Introduction)

 

By this, I presume they are referring to the QLD or East Coast cement market.

 

https://www.asx.com.au/asxpdf/20171208/pdf/43q0b0sb8d4sfn.pdf

 

 

[Russ]

wagners have a HUGE cement plant pinkenba, brisbane. Right opposite boral usg. 

 

 

[fly_tornado]

largest independently-owned cement manufacturer

the qualifier here is "independently-owned" regardless $40M a year drop in sales is not a small amount of sales. its close to 10% of their annual turnover

 

 

[M61A1]

wagners have a HUGE cement plant pinkenba, brisbane. Right opposite boral usg. 

Thanks. I wasn't aware of that one. That clears that up for me.

 

 

[fly_tornado]

tough week on the market, down to $2.19 from $3.20

 

 

 

[fly_tornado]

Qantas Pilot Academy could hold 840 students

 

 

 

23rd Apr 2019 5:00 AM

Subscriber only

THE Qantas Pilot Academy at Wellcamp Airport could host 840 students a year within eight years if all stages of the project materialise.

 

The development application submitted to the Toowoomba Regional Council last week by Precinct Urban Planning, on behalf of Wagner Corporation, revealed the school could have a much larger number of students than the 250 places Qantas announced last year.

 

The academy will be built on 94.53 hectares of land adjacent to the Wellcamp Airport runway, on the opposite side to the terminal building.

 

Stage one will see the construction of an air training facility, hangar complex, aircraft parking area and an accommodation village including accommodation for 84 students and the initial recreation facility, gym and outdoor courts.

 

This would further expand to include accommodation for 192 extra students, 276 total, during stage two of the project.

 

 

 

 

Plans for the Qantas Pilot Training Academy at Wellcamp Airport. Tobi Loftus

The air training facility will include classrooms, briefing rooms, flight simulator room, staff rooms, offices and amenities. The duplex-style accommodation buildings will comprise of units containing six bedrooms per unit, a kitchen, two bathrooms per unit and a laundry.

 

The hangar will be adjacent to the runway of the airport with access to the tarmac via a sealed taxiway.

 

The Wagners are seeking an extended approval period of eight years to complete stage three to seven of the project, which would see accommodation facilities for 840 students, extensions to the air training facility, a second recreation centre and a ground training facility.

 

Toowoomba Mayor Paul Antonio said he was excited to hear the development application had been submitted to the council.

 

"This is a project, not only of regional significance, but one of state and national significance," Cr Antonio said.

 

they will definitely be looking for instructors @mnewbery

 

 

 

[fly_tornado]

Wagners to take $10m hit in cement dispute

 

 

Wagners has suspended deliveries to Boral, which takes about 40 per cent of its cement.

 

• By Nick Evans
   
   
  
• 12:00AM April 24, 2019
   
   
  
• 2 Comments
   
   
  

 

 

Building products group Wagners will take a $10 million hit to its earnings after calling in the lawyers on its biggest cement customer and launching action in the Queensland Supreme Court over a pricing dispute.

 

Wagners shares slumped last month after it said its key cement buyer, construction giant Boral, was trying to force down its contract prices because it had been ­offered cheaper prices by an unnamed competitor — believed to be Cement Australia, a 50-50 joint venture between Swiss giant ­Holcim and HeidelbergCement’s Hanson.

 

The company suspended deliveries to Boral, which takes about 40 per cent of Wagners cement, while it disputed the bona fides of the rival offer through dispute resolution procedures in its contract.

 

Wagner admitted last night that that process had failed, in a disclosure released after the close of the market, saying it would seek a ruling on the contractual stoush through the courts.

 

It stripped $10m from its annual earnings forecast due to the dispute, saying it now expected its profit before tax and interest would fall to as low as $25m-$28m for the financial year.

 

That would be around half its pro-forma earnings before interest, tax, depreciation and amortisation for the 2018 financial year of $50.3m.

 

Wagners shares have plunged from an all-time high of $4.29 in October last year to below $2 late last month, on the back of a softening outlook for building construction in the company’s main markets in Queensland, delays in major infrastructure announcements, and the dispute with Boral.

 

Wagners floated at $2.71 a share in ­December 2017.

 

Cement is the group’s most profitable product, and analysts say the Boral contract makes up about a third of Wagners’ earnings. The company said last month that the decision to suspend supply to Boral, for up to six months, would cost it $20m in lost revenue.

 

 

In its statement last night, the company said the earnings downgrade factored in the loss of revenue from Boral, “the disruption faced by the cement business as well as the impacts that will flow into the concrete market, conditions in the precast concrete market and delays in projects starting”.

 

While analysts have flagged the potential loss of Boral’s business as a major threat to Wagners’ outlook, the company said last night its forecast earnings and revenue would be restored if the courts took its side in the dispute

 

“Upon resolution of the ­dispute, the sales and volumes are expected to return as provided for under the Cement Supply ­Agreement,” the company said.

 

It is the second time Wagners has lowered its earnings guidance this year. The group in January downgraded its expected full-year EBITDA to a range of between $35m and $38m, down from $39.5m previously. The group attributed that move to “substantial investment” in the business in readiness for domestic and international growth, as well as the timing of major projects that were yet to begin.

 

Wagners’ shares closed yesterday at $2.26, down 4c, or 1.7 per cent.

 

 

[fly_tornado]

Wagners makes changes to new hangars at Wellcamp Airport

 

THE Toowoomba Regional Council has approved changes to an original plan to expand Wellcamp Airport by owner the Wagner Corporation.

 

The application for a change to the existing approval from 2014 was submitted late last year, and involved building two hangars at the site.

 

Precinct Urban Planning's Jess Garratt explained that the change revolved around building a new hangar while converting an existing warehouse into a second one.

 

"Both buildings will be located to the south-east of the existing airport terminal as illustrated on the proposed development plans attached," she wrote.

 

TRC planning officer Geoff Broadbent agreed that the proposal was a minor change, and approved it.

 

The change also included several alterations to the conditions, including the car parking requirements, easements and landscaping.

 

What are they doing for a warehouse?

 

 

[Student Pilot]

This thread a Wagner bash fest?