Avon Protection Share Discussion Threads

[napoleon 14th] 05/7/2013 21:32

Who are they acting for?

[dasv] 04/7/2013 11:50

cazenove increase their position to a whopping 27%

[cheaky monkey] 26/4/2013 15:12

Market seems to like it!

[18bt] 26/4/2013 07:33

Seems a sensible little add-on.

[dasv] 26/4/2013 07:15

Acquisition of VR technologies

"VR Technology Ltd
The Choice of Diving Professionals

VR Technology is a rare mix of very experienced technical divers and professional engineers, as a result we are constantly producing ground-breaking product for the diving industry. The people behind VR Technology's products, developed the first technical diving computer in the 1980s. The same team developed a computer control system for closed circuit rebreather systems during the same period. The first and well copied dive planning PC software 'ProPlanner' was developed in the early 1990s. Almost all of the early technical divers used this software, and many still use it today. VR Technology's VRx and NHeO dive computers are the most popular and best selling technical dive computers in the world. They are used by world record holders, NOAA, various militaries and sport divers all over the world! Our Sentinel LSS (rebreather) is considered by many as the best designed closed circuit rebreather in the world today. VR Technology's main offices are on the south coast of England, near Poole in Dorset. VR Technology currently employ around 25 people, located at their main offices, the USA and the Far East. If you are intrested in joining our team, please send a CV to our sales team, with the subject 'Employment'. VR Technology are the most innovative diving electronics company in the world today. Our products are made to the exacting requirements of CE, following ISO 9001:2008 production standards. Enabling us to design and manufacture Personal Protective Equipment - PPE (rebreathers) under the Directive. Several manufacturers have ISO but few are able to design PPE.

Address: VR Technology Ltd Technology House, 23 / 25 Bridge Street, Bailie Gate Industrial Estate Sturminster Marshall, Wimborne, Dorset BH21 4DB, United Kingdom Sales: [phone] [e-mail] FAX: [phone]"

[18bt] 22/4/2013 17:36

Recent weakness in these shares and has retraced back from what thought was an overbought level. ?Time to buy back in?

[18bt] 14/2/2013 12:39

Note from Edison following IMS: Avon Rubber's IMS has shown that the good visibility provided by the strong order book entering the year has continued, with core mask systems largely underpinned for the year and another 100,000 filter order for Q2 achieved despite the uncertainty in US defence budgets. Combining this with further product development, including the first product launch from Project Fusion and as highlighted by the continued success of the Milkrite ImpulseAir liners, we see further growth prospects as these product launches turn into incremental sales. With new markets also delivering ahead of last year, we continue to view Avon as a long-term structural growth play.

With the strong start to Q1, tempered to some extent by external market factors, and with a forecast H2 bias as investments begin to deliver profits, we are maintaining our full-year forecasts. With the shares re-rated to 13.8x CY13 EPS, towards the upper end of sector peers, we view the delivery of incremental, profitable organic growth as the key to sustaining the progress made over the past three months. With no shortage of opportunities, good visibility and a strong balance sheet to support investment, we see no reason why that should not be the case.

[18bt] 08/2/2013 11:05

Daily Telegraph Questor advises sell

[nhp7] 08/2/2013 10:09

Why the share price plunge?

[jeffian] 07/2/2013 09:43

'Potentially', yes, but we are starting from a very low base so 'growth' may take a while to turn into substantial £££. According to the last results presentation, 2% of revenues came from China (around £640k). Solid IMS, though.

[corbeta] 07/2/2013 07:15

I like the bit about the growth in China - potentially that could
be a huge market.

[bluebelle] 23/1/2013 16:37

A century - and millenium - new high !

[dibbs] 12/1/2013 23:58

Like many who hold some AVON, I currently wish I held many more!

This has been a great example of how buying a breakout can deliver very good returns. The theory that the longer the period of sideways trading, the more powerful the breakout when it happens. AVON having traded sideways for around a year and a half has certainly proved this theory correct!

Dibbs

[petethehippy] 10/1/2013 19:00

Strangely the company is still not overvalued. By that I mean, the PE is still in the teens. Kind of matches the profile. The chart indicates that no-one is selling and everyone is buying.

Where does it stop?

[phil150] 10/1/2013 16:17

why the big rise i wonder , how much further .450 i think/hope

[bluebelle] 10/1/2013 12:52

...and still going !!!

Not foresight pj : sometimes you get lucky by sticking with something, other times you don't !

[pj 1] 09/1/2013 20:34

Abandoned this @ 300p in October. Well done to those with more foresight than me!!! pj

[bluebelle] 09/1/2013 17:39

Up over 10% since then.

[bluebelle] 06/12/2012 17:53

The recent strength is on the back of decent volume.

[18bt] 01/12/2012 08:41

New report out by Edison which may have caused this week's uptick. 2013 forecasts not really changed, but new 2014 forecast figures, which put AVON on 2014 PER of 10.0x. Forecasting 20% divi increase in 2013 and 25% in 2014. Summary is: "The group is well positioned to continue its progress with a stable core DoD business, a growing commercial offering and continued consistent growth from dairy."

Thinks the catalyst for further re-rating may be the visibility of the DoD order book. So target increased to 425p

Forecasts net cash by Sept 2014.