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AVG Avingtrans Plc

400.00
10.00 (2.56%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avingtrans Plc LSE:AVG London Ordinary Share GB0009188797 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  10.00 2.56% 400.00 12,940 14:00:23
Bid Price Offer Price High Price Low Price Open Price
390.00 410.00 400.00 390.00 390.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 116.95M 5.19M 0.1579 25.33 131.59M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:33:09 O 1,400 399.00 GBX

Avingtrans (AVG) Latest News

Avingtrans (AVG) Discussions and Chat

Avingtrans Forums and Chat

Date Time Title Posts
28/2/202422:45The Crown and Glory is AVG2,962
22/12/202111:11AVINGTRANS.......Buy 68.5p cash for 50p11
07/1/200521:31Avingtrans - an easy 25% ?149
16/12/200408:21Avingtrans Profiting From Speed Cameras13
30/6/200310:41Paving the way to pay dividends3

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Avingtrans (AVG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:33:10399.001,4005,586.00O
15:09:08405.002,50010,125.00O
14:55:34396.752,5159,978.26O
13:22:58408.0060244.80O
13:22:58396.55415.86O

Avingtrans (AVG) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Avingtrans Daily Update
Avingtrans Plc is listed in the Engineering Services sector of the London Stock Exchange with ticker AVG. The last closing price for Avingtrans was 390p.
Avingtrans currently has 32,897,522 shares in issue. The market capitalisation of Avingtrans is £131,590,088.
Avingtrans has a price to earnings ratio (PE ratio) of 25.33.
This morning AVG shares opened at 390p
Posted at 28/2/2024 11:41 by earwacks
Yes they were that good. The acquisitions cost them 13 million last year. Someone on Stockopedia said about Adaptix not being able to attract any other offers. Firstly Avg already had 10 percent of the business and secondly they invited them to find a better offer. This is what Avg are renowned for, taking over businesses that have potential but cash strapped, building the business up to profitability and selling it on. It doesn’t happen over night. The nuclear waste business is booming and still no competitors in a sector they can barely service on their own . The cancelled rail works has not affected them at all and think there will be additional work there. The applications and potential for Adaptix and Magnetica are not even fully realised yet, way beyond just medical. I agree health authorities are under pressure, but actually these products could well help reduce workloads as time saving potential is huge. On the veterinary side , there will be no such problem as pet spend ever increases. Their markets are mostly in areas that are not cyclical, they are essential. Of course their is capital required in these projects. That is the mainstay of their business. Buy companies cheap, invest and sell
Posted at 28/2/2024 07:22 by brummy_git
Another encouraging & 'in line' set of numbers and guidance from niche engineer Avingtrans today.

All the details & commentary here
Posted at 11/2/2024 20:43 by cerrito
I have been catching up on these given the recent price drop  to see if I should buy more but will keep my hands in my pockets.
That said, uncomfortable being out of these as  say the sale of Booth would give them a comfortable rerating although we will need to show continued patience ref monetizing the HT Luton site.
I agree that a good deal of potential in Medical but even with the current shareprice drop,basic eps of last year's continuing and discontining earnings is approx 23x. Of course with both Cavendish and Singer forecasting an adjusted eps of 2.8p for this current FY the PE even at current prices becomes extreme.
I note Cavendish have a TP at 495p and for Singer it is 510p. I am comfortable we will get to these prices in 2025.
I also note the issue of high receivables, the 1.2 PC approx dividend yield and no share buybacks in the offing  and their lack of interest in shareholders like me. .
Posted at 09/2/2024 20:57 by cockerhoop
Those forecasts are ballpark as the company now owns Adaptix and a larger slice of Magnetica which will both be loss making this year as AVG invests towards commercialisation of their 3d x-ray and MRI products.

I accept the UK market is probably not mature enough to look beyond the PE ratio but it really isn't the best way to value companies like AVG.
Posted at 20/1/2024 09:09 by alter ego
this is what I see
Posted at 18/1/2024 07:21 by brummy_git
More positive news from specialist engineering & medical devices firm Avingtrans today.

All the details here.
Posted at 09/11/2023 11:24 by cockerhoop
The problem AVG may encounter regards valuation is that on the surface the financial forecasts have gone backwards because of the increased investment required in Magnetica and Adaptix. So to anyone valuing the business on a PE basis (incorrect way in my view) it looks much more expensive than previously. (adj eps reduced from 21.9p to 2.8p).

I'd suggest it's more sensible to value on a sum of parts valuation of the subsidiaries.
Posted at 09/11/2023 07:14 by steve3sandal
Thanks for your support and comments here chaps. Not bought back yet. We all seem fairly happy that operationally the company is going up so it’s odd the share price is travelling down. Perhaps AVG is just a victim of the general market selling and drift in UK small caps as MMs try to find buyers lower down. As ever will SPs turn without notice and I guess the AVG share price is just news driven. Still here but not yet if you know what I mean. GLA.
Posted at 11/10/2023 14:59 by steve3sandal
Thank you both. I was hoping they weren’t encasing the whole plant. I’m largely hoping to buyback under £4 as I’m cheap, just have to be patient and keep my fingers crossed. The portable MRI scanner opportunity they have built looks very interesting and very AVG.
Posted at 11/10/2023 14:06 by steve3sandal
Previous holder but the recent results and the waxing lyrical of serial winner Christopher Mills (NAS, ORYX)has brought AVG back on my dashboard. Paul Hill also very keen I see.
Can anyone describe what these new concrete boxes for nuclear plants, announced today, look like? I’m struggling to comprehend what they might be getting into. Also, do we know what happened to the firm who previously did concrete boxes? Many thanks.
Avingtrans share price data is direct from the London Stock Exchange

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