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Share Name Share Symbol Market Type Share ISIN Share Description
Autins Group Plc LSE:AUTG London Ordinary Share GB00BD37ZH08 ORD GBP0.02
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 2.38% 21.50 20.00 23.00 22.00 21.00 21.00 62,500 14:09:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 21.5 -1.8 -4.4 - 9

Autins Share Discussion Threads

Showing 26 to 48 of 150 messages
Chat Pages: 6  5  4  3  2  1
Well it's lost close to 80% in the last 18 months. My suspicion is that it's going to prove good value from here - but I guess we'll have a better idea in the morning.
value hound
Another shambles of a recently listed business, there are far too many of them. THE CITY LOVES THEM and bonuses all round i say.
Autins Group (AUTG) Earnings-Reaction to Keep an Eye
Ive put em on my watch list, but too high for me!!!
Another shambles of a recently listed business, there are far too many of them.
Plus EU threat of content directive warning could well make it very much more difficult for UK situs automotive content suppiers to sell into manufactures besed in the EU OK sound deadening material not a major cost factor but every little bit of UK content could count against them.
"FY2018 revenues will be behind market expectations and profitability will be significantly below market expectations" The CEO bailing out a few months back was definitely foreshadowing this.
I'm out too - wasn't expecting a resignation - 1st half results are now likely to be poor in light of previous trading statement I will keep an eye out for turnaround potential, but am putting my money elsewhere for now
I sold out this morning. The new CEO, director buying and new product looked like it could be a turnaround story, but with the CEO jumping ship I feel more secure watching from the side lines.
simon gordon
Griffen left soon after the floatation - Now Jennings jumps ship for Hydro (which a quick google looks like a very secure company in an interesting space and without the constant public oversight as unlisted) Message received a VERY OVERPRICED IPO. Question - Is there any value left or is the product over-hyped and not being bought by target market? So value for bottom fishers or a slow journey to oblivion? What is probably certain is a significant period of uncertainty and staff unease (imo)
Vote of no confidence as the CEO decides he'd rather have his old job back.
I have bought into AUTG as a bit of speculative, watch and see investment - I am not clear what "weighted to second half means" from the AGM statement - past results show for last 2 years H2s have been better than H1s - Interims will tell us whether this is a profit warning in disguise or something a lot more positive... I think (hope) the latter...
doing some research today - found this: hxxp:// but I couldn't find a reference to AUTG - is this the same thing - i.e. a reseller of Neptune NVH?
Possible turnaround here but need to hold your nose after what happened after the IPO. Put it on watchlist.
An old but interesting article: Http:// IMP strategy pays off as Autins sign on at Birch Coppice A Midland entrepreneur is setting up his latest venture at IM Properties’ flagship Birch Coppice Business Park - and shipping 14 container-loads of hi-tech kit all the way from Korea. Jim Griffin’s Rugby-based Autins Group has taken just over 47,500 sq ft of industrial space, which is now being fitted out for his new Solar Non-Woven Ltd business. The company specialises in supplying advanced insulation to manage noise and heat emissions for many of the world’s leading automotive marques, and the new company will manufacture a new type of micro-fibre insulation never previously used outside Korea. “It’s a remarkable product, it’s lighter and thinner than anything available, but it out-performs everything currently on the market,” says Griffin. “The commercial potential was huge, not just for automotive, but for many other sectors, including agriculture, apparel and aerospace, so after months of discussions, we are delighted that the Korean company which invented this material has granted us a licence to manufacture and sell it in Europe.” The first production line alone has meant a £4m investment, and the power requirements are so great that IMP is constructing a special two mega-watt sub-station alongside his unit. The 14 containers were needed to bring the special manufacturing kit on its 5,500-mile journey from Korea. For Griffin, it’s the latest growth phase for Autins, which expects to hit turnover of £25m in the current financial year, and numbers Aston Martin, Bentley, BMW, JLR, Mercedes-Benz, Nissan, Toyota, Volvo and VW among the customers, which rely on its innovative products. For IM Properties (IMP), it’s a welcome confirmation of the wisdom of its decision to launch a £50m investment programme last September to add 500,000 sq ft of speculative industrial space to its 400-acre Birch Coppice scheme located just half a mile from Junction 10 of the M42, and at The Hub, on the outskirts of Birmingham. Kevin Ashfield, the group’s UK development director, says the unit taken by Solar Non-Woven is the first of five units being brought forward to tackle the dearth of high-quality industrial space across the Midlands. “The old adage about speculating in order to accumulate is never truer than in property development, and the supply of available space in this region has been contracting since the recession,” he says. “It was obviously a big decision to invest £50m on a speculative basis, but our long-term strategy is all about investing for future returns, and we were confident that as these units came forward, there would be significant interest. “Equally, it’s crucial to make sure a range of sizes are available to suit the needs of occupiers with different requirements, so whilst this unit is 47,250 sq ft, the largest of the five will be 282,000 sq ft. “Autins have signed a 15-year lease, which is great for us, and now we are focusing on the next two units at Birch Coppice. We started the necessary infrastructure works in September 2015, and I’d expect both units to reach practical completion in July and August 2016. “ The agents for Birch Coppice are CBRE, Colliers International and Eagleton & Co.
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.
simon gordon
!FOLLOWFEED IPO Document 2016: With a strategy to diversify both customers and markets the Group has won new work within industrial sectors as well as new automotive manufacturers across several geographical locations. Interest in the Group’s new material, Neptune, continues to grow with new opportunities and markets forthcoming, and OEM approval for Neptune increasing to six companies with three more in development. Similarly, interest in the Ozone product has grown with enquiries and trials taking place with two OEMs already. In addition, on 20 April 2016, Scandins AB formed a new wholly owned subsidiary entity DBX Acoustics AB. DBX Acoustics AB subsequently acquired the wholesale acoustic flooring trade made up of a trading name, website, supply chain and marketing knowhow from KBKE i Göteburg AB, a Swedish company, to enhance the sales of acoustic flooring solutions through the Group. ----- Corporate website: Http://
simon gordon
Good results - should go a long way up from here I think.
terry topper
AGM Statement (imo) effectivly a further and deeper profit warning - Anyone else read it the same way ? Key worry for me is that apparently new contracts for Neptune still under discussion.
There is, or rather was, key man insurance for this chap ... all very odd
Worse thing is no guidance just materially lower looks like investors have been fleeced on on another new float
thanks marty quite understand......apologies for off topic folks
[hazl, I have no interest in that share board these days, you best set up a new one, regards] The Autins videos, for anyone interested in this share:
Chat Pages: 6  5  4  3  2  1
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