| Date | Subject |
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30/11/2020
22:40 | mach100: Disagree Charo. Most of the gloom is in the price anyway. CEO and company quick off the mark to move into PPE. Doubled flooring sales within a year. Last year's finals before Covid started to have an impact saw improved gross profit on lower revenue and net debt reduced substantially. In February the company was in line with expectations.
I don't think 60k is a lot for a chairman. Hopefully the car market is opening up again and the electric car market is going to be big and hopefully AUTG will be a beneficiary. Neptune might be a hidden gem which will be an asset even in a post-covid world. There have been a lot of sells and the price has held up. If the results when they come are calamitous this could easily halve. If they are very good then over time this could go back to 60 or 80p. Watch this space.
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23/7/2020
09:38 | mach100: Yes but who has taken them? NO effect on the price so far. Might be a positive to have a new cornerstone investor. Strange move however after building up a large holding in the last year. Especially at a point where AUTG has tackled a lot of issues it was facing.
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16/7/2020
15:27 | mach100: So Autg did half a million worth of turnover on facemasks up to the time of Bojo making masks compulsory and couldn't at times keep up with demand. Reading the Aamzon reviews 8 out of the last 10 verified purchases gave Autins masks a five star review. So now almost 60% of purchasers motivated to rate give a five star review with 78% giving a four or five star rating. The total for average or above is 89% which is pretty good going. British made certainly seems a good USP and you can see it mentioned in some reviews. Many cheap masks come from China so if there is fallout from the Huawei spat then chinese imports may suffer. Of course by that time AUTG may have achieved certification or be very close to it but one thing for sure it will have a large addressable market. All this while the car market returns to a new normal after a lockdown. Germany is already at 80% having started before the UK. Things are nicely falling into place at Autins and no amount of masks will cover that fact up.
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15/7/2020
11:23 | mach100: Good interview on Proactive with the CEO putting even more flesh on the bones. Seems the flooring side in Germany is doing well gone from 4.5m Euro T/O to 6.3m after a 1.8m multi year contract. The PPE side will be scaled up massively with certification which I expect will be achieved by late September/ Early October. The compulsory wearing of facemasks announced yesterday by BJ means massive demand. 77% of ratings are 4 or 5 stars with the principle complaints lack of a bridge for glasses wearers which is something the design team could look at. The price is also an issue for some but if compulsory the market is less price sensitive and indeed might prefer quality to cheapness. I think AUTG is a breath of fresh air actually and I will continue to buy.
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08/7/2020
09:43 | mach100: Useful article and might explain increased customer satisfaction with the masks
hxxps://www.med-technews.com/news/west-midlands-firms-join-up-to-supply-ppe-during-covid-19-pa/
Seems a good collaboration with a company that is an excellent fit. The partial outsourcing could help meet production targets. Also might give AUTG a better foothold in the facemask environment in the West Midlands and hopefully beyond.
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03/7/2020
12:46 | mach100: wasp sales IN THE LAST TWO MONTHs have reached £.4m as per the results. Personally I don't know if this is the cumulative total or the run rate per month but it is not three months as you state. Net debt has actually remained constant since the placing in August last year. Actually my main fear is another placing in August to dilute and take advantage of a rising share price AUTG has doubled since its low of 8p on 8 April. We shall see if your fears are well founded but if their respirator is effective against Covid 19 and is approved then we should see a significant uprate as with all COv 19 shares these days.
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24/8/2019
02:39 | terry topper: I have trebled my holding at these levels - it's undoubtedly a bit of a gamble. However, I think that the solidity that the placing gives to the BS will help get customers over the line who might've been wavering because of AUTG's finances.
Neptune is a game changer for AUTG I think, but management needs to prove it to the customers across the board.
This will be a boom or 'same old' stock this time next year
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29/8/2018
11:20 | fillipe: Uptick at AUTG, today.
f
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10/6/2018
02:17 | danieldanj: Autins Group (AUTG) Earnings-Reaction to Keep an Eye
http://crweworld.com/Earnings-Calendar
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29/1/2018
18:42 | simon gordon: iii - 29/1/18:
Autins (AUTG)
114.5p
Autins (AUTG) is a prime example of a company that floats and soon after disappoints investors. It can be a long haul for investor confidence to recover. The company supplies noise and heat management insulation for cars, and it has been trading for more than five decades.
That shows the underlying strength of the business, but it did not stop a major customer delaying orders and profit slumped within a year of floating. The chief executive resigned and he was replaced by former Hydro International boss Michael Jennings.
There was a turnaround last year with underlying operating profit improving from £900,000 to £1.5 million. This is before the exceptional charges in each period. A 0.8p a share dividend indicates confidence in the future.
Autins has operations in the UK, Germany and Sweden and has developed a new material called Neptune. There are growth prospects in automotive and other markets.
The share price is still below the August 2016 placing price of 168p. The wife of non-executive director Terry Garthwaite bought 15,000 shares at 125p each earlier this month. To be fair, other directors were buying shares last year at higher share prices. This year's figures will be second-half weighted, so there may not be significant evidence of the extent of the recovery until later this year.
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PLUS1
