Avesco Share Discussion Threads

[deanowls] 30/7/2015 16:48

Anyone know what the current forecasts are?

[felix99] 29/7/2015 13:24

the target is the average of the forecasts in the market usually. So you can get a situation where brokers move up forecasts in advance and company is way ahead of original profit estimates but not currently that far ahead of current broker mkt views.

[deanowls] 29/7/2015 12:47

Also what target has been given, they have twice said that profits will beat management expectations yet what are those expectations?

There is also 1 million to come back this Hy from the Disney settlement that was put to one side.

I have emailed the company asking for the CFO email addy to ask a few of these questions but have not been given a reply yet. Back in the uk next week so may give them a call.

The company would do well to get out and publicise their achievements over the last 18 months, not a lot of investors have heard of them, also what is the scale of opportunity in the USA being they are allocating a lot of capex there.

[felix99] 29/7/2015 10:59

it was never a formal rule 10/15% movement - that is just the generally understood level in the City of variance to current market forecasts when they think one ought to say something to keep mkt updated.

[interceptor2] 29/7/2015 10:24

Thanks funchalman, I wasn't aware of the Taya connection.

But if the company is aware that earnings will beat by over 10%, then I believe it is still the case that they have to notify the market via RNS.

Edit...


Maybe the 10% rule has changed, see below the current rules for AIM stocks.

General disclosure of price sensitive information
11. An AIM company must issue notification without delay of any new developments which
are not public knowledge concerning a change in:
♦ its financial condition;
♦ its sphere of activity;
♦ the performance of its business; or
♦ its expectation of its performance,
which, if made public, would be likely to lead to a substantial movement in the price of its
AIM securities.

[funchalman] 29/7/2015 10:16

interceptor2,Avesco issued 3rd quarter results(trading updates)in Sep. 2012 and 2013 as Taya an Israeli company owned a certain percentage of the company and this was a requirement under their laws.However the Taya investment no longer exists after the company purchased most of the Taya shares in a share buyback hence no 3rd quarter update last year.The fact they only now need to do results twice a year instead of four times a year,saves them about £250,000 a year in the process.

regards

[interceptor2] 29/7/2015 08:52

It is true that they didn't issue a trading update last year until December, but they did issue updates in September in both 2012 and 2013 on the 11th and 9th respectively.

Year end date is 30th September, and as the broker estimates look conservative imv, I would think management would be keen to release an update in early September. Wouldn't be surprised to see them use the phrase significantly or materially ahead imo.

[deanowls] 27/7/2015 15:34

Have they posted they will do an update in sept? They didn't last year?

[bally101] 20/7/2015 12:41

Wow looks like this one is shooting up. 6.5% up already today !

[interceptor2] 17/7/2015 15:49

The link below shows the incredible global reach of CT, the more I research and understand about this company, the more confidence I have about my investment here.

hxxp://www.ct-group.com/na/en/posts

Couldn't resist buying again today and it would seem I wasn't alone, any more buying into the close should push the ask higher imo.

[quepassa] 16/7/2015 15:56

All the world is a stage.

And maybe Avesco Creative is the biggest director of all.

The Freightliner product launch projected onto the surface of the Hoover dam using Avesco technology and expertise smashes world records and goes into The Guinness Book of World Records for the largest ever light-output for any projection.





It appears that the services of Avesco for this awe-inspiring project were retained in conjunction with leading US Marketing/Communications Agency, OSK New York.

Seems like Creative North America are well on the way to getting themselves noticed , forging links and being taken very seriously with the big names in the industry .

Herewith link to OSK





No wonder, Avesco are upbeat about prospects for the USA business.

ALL IMO. DYOR.
QP

[weatherman] 16/7/2015 13:06

Up again today...

[deanowls] 07/7/2015 09:14

Just keeps rising with every buy at the moment.

[interceptor2] 06/7/2015 16:34

Rerating continuing here as the recent excellent interim results are still being digested, volumes strong again today.

[battlebus2] 06/7/2015 14:41

Yes looking good in a nervous market.

[weatherman] 06/7/2015 11:23

Up again - looking good...still below a pe of 10 if they can do 25-26p in an odd year...

[thebantamboy] 06/7/2015 10:45

Still so much positive momentum, even with the Greek crisis the shares are up.

[battlebus2] 02/7/2015 19:18

Great to be back over £2, it was only a matter of time :))

[interceptor2] 02/7/2015 15:39

FWIW my first target price isn't this side of 300p :o)

Just happen to think that after the excellent interims, brokers are way behind in their estimates, which of course gives plenty of scope for ahead updates before the finals imo.

Great link QuePassa, shows the scale of their projects and what CT is capable of achieving.

[thebantamboy] 02/7/2015 15:33

I think there could be potential for 350 in 18 months time arthur. But I would review the companies position at that point before selling. Potential for EPS of 25p this year.

[arthur_lame_stocks] 02/7/2015 15:17

Nice rise today but I personally feel there should be more to come as they are still on a single digit p/e for this year and this in one of the typically weaker odd years.

Does anybody have a target price at which they will consider selling, I am already well in profit having bought at £1.12.

All the best

Arthur