||EPS - Basic
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|weatherman: I first bought Avesco in the early 1990s before they floated off videologic. I made a packet, but sold too soon. I bought again a couple of years ago and saw the share price rise from 100p to 650p.|
|the big fella: But look back at the share price performance taking into account divs and special divs it has been a superb share to hold. So I for one can ignore the lack of communication. I would much rather they got on and run their business|
|michaelmouse: Following the last "comfortably" statement look at the share price from around May 2015 in the run up to the interims in June.|
|michaelmouse: Avesco always use the word "comfortably":-
|sailing john: Some more cracking photos from Rio - lets hope the ££££s match
Also at V festival again
Quietly doing the business as usual
Still off radar - share price driven by just a few trades
|saucepan: Boystown: great post. o/t Have you looked at ITQ? Of stocks on my radar, that seems another where the fundamental growth patterns do not seem at all consistent with the current share price - especially considering the new management on board. No advice intended.|
|quepassa: Astonishingly robust performance from Avesco share price.
Over just 18 months the share has effectively made up the 110p Special Disney Dividend which was stripped out of the share price in early 2014 when it went x-d.
Approaching 100% increase since Feb 2014 plus many attractive dividends.
Avesco rewards its long-term investors.
Outdoor broadcast services and light projection techniques continue to become more and more innovative, imaginative, high-tech and large scale. And are increasingly greatly in demand.
ALL IMO> DYOR.
|michaelmouse: deanowls - the website and facebook page are a huge improvement over the past year or so. You only need to look at the July wins for Creative Technology to see the scale, scope and geographical spread of the projects they are involved in.
"why are the directors not out promoting the company, the upside needs more meat on the bone"
IMV they clearly have been and this year has been transformational. The London Olympics boosted their profile enormously.
I suspect that the share price has been held back in the past by the disparity between even and odd years.
This year is a real turning point for the company since the odd year effect has now been addressed quite spectacularly, and I expect the full year earnings figure will be very good. Next year we can look forward to the Rugby World Cup, European football Championships and Rio Olympics and a further boost to the earnings figure.
With respect, I started this thread six years ago when the share price was trading around the mid to low 20s. Throw in the dividends and a special dividend of £1.10 and early investors have multi-bagged (x13-x15)their return in a little under six years.
Invest in a well managed company with prospects and the share price will look after itself. I've been a long term holder since those days and believe that Avesco's future will continue to go from strength to strength.
Last reported NAV was around £1.80. Given the growth prospects, I don't think a share price at around twice NAV is too demanding right now (i.e. £3.60) and even that might be conservative projecting forward.
|paulypilot: Hi QuePassa,
An excellent summary above, post 1530.
I agree that there are some tremendously bullish factors converging here - especially the large scale Director buying AFTER the recent big rise in share price. This is highly significant in my view, and suggests that the prospects for the company must have dramatically improved this year.
If you look at how Avesco might perform now it is restructured, then the broker forecasts look way too low, in my opinion. I could see 20-25p EPS as possible, put that on a PER of 12, and we're looking at 240-300p share price. With cracking divis whilst we wait.
The PTBV here is about 1, which is very low for an equipment hire business. Most others are at least 2, some more than that. So that measure is supportive of a further increase in share price.
I've not top-sliced any of my holding here - if anything, I'd want to buy more, on the next dip.
|bonnard: I know that the usual dividend is to be paid in March, but Sippdeal are telling me that there is no special dividend and my sipp account is showing a loss from the fall in avs share price.|
Avesco share price data is direct from the London Stock Exchange