Avon Protection Share Discussion Threads

[cockneyrebel] 14/11/2015 10:36

Earnings growth of 250% over 4 year.

They've also said that they will significantly beat forecasts and for the year ahead:

"As reported in the 2 September 2015 trading update, a number of high value Middle Eastern opportunities remain in the pipeline and we still expect to see the benefit of these orders in 2016."

Must be potential to wallop next years forecasts too based on those large potential orders imo.

Chart has a fabulous trend building too imo:


free stock charts from uk.advfn.com



A co with a fab earnings record of 250% eps growth in 4 years trading on a PE for the current year of circa 20 or potentially lower.

Net cash of £7m+ at the interims.

Results Weds - all imo.

CR

[mattboxy] 13/11/2015 15:30

Thanks. Looks like we could be looking at >£20m then

[jeffian] 13/11/2015 10:17

Average forecasts (eps) from 5 analysts (from Yahoo!)



Earnings Est Current Qtr.Next Qtr.Current Year Sep 2015 Next Year Sep 2016
Avg. Estimate N/A N/A................48.68.............53.28
No. of Analysts N/A N/A................5.00...............5.00
Low Estimate N/A N/A................44.80.............49.90
High Estimate N/A N/A................51.70.............56.80
Year Ago EPS N/A N/A................42.30.............48.68

[18bt] 13/11/2015 10:06

£18m + and EPS close to 50p seems to be consensus

[mattboxy] 12/11/2015 23:09

Are current market expectations around 16-18 million profit?

[cockneyrebel] 12/11/2015 12:50

AVON RUBBER p.l.c. ("Avon", the "Group" or the "Company")



Closing statement for the year end 30 September 2015



Avon is pleased to report that the financial year has ended strongly.

This was primarily driven by the receipt and rapid fulfillment of a late order for respirators from a customer in the Middle East. This, together with strong trading in our North American law enforcement market, leads the Board to anticipate that the adjusted operating profit for the year will be significantly ahead of current market expectations.

As reported in the 2 September 2015 trading update, a number of high value Middle Eastern opportunities remain in the pipeline and we still expect to see the benefit of these orders in 2016.



Commenting, Andrew Lewis, Interim Chief Executive Officer said, "We have world leading respiratory protection products and, while predicting the timing of orders is often difficult, the ability to meet this customer's requirement demonstrates our operational flexibility and the dedication of the team to exceed our customers' expectations."



Preliminary results for the year ended 30 September 2015 will be announced on 18 November 2015.

[18bt] 24/10/2015 15:43

Just enjoying the rise - not much else to say!

[cheaky monkey] 23/10/2015 17:56

Yes a brilliant share for me, I too sold half my holding at 850 but real momentum now. Such a quiet BB too!CM

[jeffian] 23/10/2015 17:07

I'm trying not to think of the ones I sold at 450! Luckily, I kept half.

[mbmiah] 23/10/2015 17:06

Got to be the stock of the century

[18bt] 07/10/2015 09:41

Edison have indeed upgraded their 2015 op profit numbers by 10%. Now expecting:

2015 PBT 19.6 EPS 51.7
2016 PBT 20.5 EPS 53.1

So 2015 PER of 18.8x

[cockneyrebel] 06/10/2015 08:21

'significantly' ahead usually means more than 10% imo.

CR

[jeffian] 06/10/2015 08:06

"...the adjusted operating profit for the year will be significantly ahead of current market expectations."

8-)

[cockneyrebel] 25/9/2015 14:15

Trading update Oct 3rd last year.

Very firm ahead of that.

All imo

CR

[dibbs] 02/9/2015 21:17

Reassuring that all sounds to be ticking along rather nicely indeed. "Our non-DOD markets have performed well, without the benefit of any significant individual impact orders. A number of high value opportunities are in the pipeline and we now expect to see the benefit of these orders in 2016"

I'd say more chance of upside than downside surprises. AVON remains a very solid long term performer :-)

Dibbs

[jeffian] 14/8/2015 22:55

Crikey! What happened there?!

[18bt] 06/8/2015 07:35

They must be able to increase the profitability substantially for it to become earnings enhancing so quickly, but looks a useful strategic add-on.

[dibbs] 06/8/2015 07:18

Looks like a decent acquisition to me. Should hopefully see AVON moving up from the bottom of the trend channel towards 900p again IMO.

Dibbs

[cheaky monkey] 11/6/2015 20:16

Had a nice shot at 900 intra-day today but didn't hold. Let's hope it has another go tomorrow.GLA

[cheaky monkey] 11/5/2015 14:33

Would be nice if we can hold above the 800 level.

[18bt] 29/4/2015 07:56

Nice set of interims. Great cash generation and healthy increase in dividend. Sorry to see Peter Slabert go, but he deserves a rest - a fantastic turn around and group is well positioned. I'm glad I stcuk with this through the bad years and kept adding as now one of my best long term perfromers.

[mike740] 08/4/2015 10:29

AVON AVON RUBBER

Broker Views........

Avon Rubber PLC

FORECASTS

2015 2016
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
N+1 Singer
07-04-15 BUY 17.80 45.20 7.30 20.58 52.30 9.50
Arden Partners
07-04-15 BUY 17.60 46.53 7.29 19.40 51.32 9.50
W H Ireland Ltd
02-04-15 BUY 17.80 45.20 7.30 19.20 48.10 9.50
Edison
26-03-15 None 17.69 46.60 6.50 18.82 49.40 7.50
Investec Securities
06-03-15 HOLD 17.90 44.71 7.27 19.10 47.22 9.56

[christopher logsdon] 16/3/2015 11:26

Was that a TREE SHAKE?

[mike740] 16/3/2015 09:34

Sorry cant get chart to work.