Avesco Share Discussion Threads

[muckshifter] 29/8/2015 12:43

Don't forget that the company has been in business for more than 30 years, doesn't appear to revalue its property and land (I've only had a look at a couple of ARs - so I might be wrong there), and does depreciate its property at 3.33% p.a. so there may well be a considerable undisclosed value in land and property not included in the declared NTAV.
Regards.

[sailing john] 28/8/2015 20:26

NTAV was from 1H ie as at 31/3/15

SJ

[liquid millionaire] 28/8/2015 19:23

Quick question s j if i may. Take it that the NTAV of 180p per share was taken from the last full year accounts? If so any views or thoughts on where the NTAV might be today?

[battlebus2] 28/8/2015 19:11

A great recovery, well done to those who bought around 193.

[liquid millionaire] 28/8/2015 18:01

Thank you s j

[sailing john] 28/8/2015 17:57

NTAV £34.3m or 180p/share
No silly intangibles - well £0.1m actually!!
SJ

[liquid millionaire] 28/8/2015 17:48

paulypilot 28 Aug'15 - 16:41 - 1670 of 1673 1 0

Guys - please can you just Filter any Trolls, rather than responding to them?

By responding, you're falling into their trap, as it's actually your responses that trash the thread, which is what they want.

Terrific recovery in AVS this week - augurs very well for the future.
I feel it should re-rate to at least 2x NTAV, in line with other equipment hire companies.

Regards, Paul.



Thanks for that pp. By the way what is the current NTAV for AVS?

[mike740] 28/8/2015 17:17

PADDY your a looser . looser's always stick together.

[shauney2] 28/8/2015 17:12

As you know Paul sometimes its hard to resist a response especially when the trolls (sounds like something out of Dr Who)get it so wrong.

But of course you are correct.
I will refrain in future from rising to his inane drivel on this thread at least.
Have a good weekend.

[mike740] 28/8/2015 17:12

I bet the trolls would rather be trolls than a loser like you Pauly.

Care to tell the thread about 2008?????????????????


Go on dont be shy, you have balls trying to come here with the upper morals but trashed yourself and was described as an absolute wreck when you had to downsize.

How you can preach to anyone is beyond me.......and plenty of others.

Cheeseeeeeeeeeeeeeee

[paulypilot] 28/8/2015 16:41

Guys - please can you just Filter any Trolls, rather than responding to them?

By responding, you're falling into their trap, as it's actually your responses that trash the thread, which is what they want.

Terrific recovery in AVS this week - augurs very well for the future.
I feel it should re-rate to at least 2x NTAV, in line with other equipment hire companies.

Regards, Paul.

[2breakout] 28/8/2015 16:09

Chainsaw in for servicing?

[shauney2] 28/8/2015 13:23

Still have a few sellers.Can't blame them its come a long way since the special divi writedown.

OT,post 1653 is a classic.So your an IFA.I think i know what the FA stands for in your case.
Can i hire you to shout timber on some of the threads i have a holding in;-)

[scottishfield] 28/8/2015 11:20

chart looks poised

[sailing john] 28/8/2015 10:19

YE Trading Statement history
Nov 2011 - "will be comfortably ahead of the current market expectations."
Dec 2012 - "will be ahead of the current market expectations."
2013 - no TS - busy with return of £31m cash to shareholders + 30% buyback
Dec 2014 - "will be ahead of current expectations"

Spot the pattern - not by chance imo - reflects cautious approach to market forecasts

[sailing john] 28/8/2015 09:36

Buyers returning - I'm not surprised

I added yesterday - already very overweight and my largest holding

Struggling to find better value though at the moment

Although I have been buying ITQ recently

SJ

[sailing john] 27/8/2015 16:16

The other positive for me is just how little interest there is

Last posts on LSE and iii nearly two months ago and only a few posters on here.

The accounts for 2014 were distorted by restructuring costs and redundancy payments totaling £5.7m and so stock screeners not picking up true performance which was an eps of 23.4p excluding exceptionals.

This year should be even higher imo.

[michaelmouse] 27/8/2015 15:32

Yes, on a more mature and sensible note, the buyback was very significant and personally I like their progressive dividend policy. As I mentioned in a previous post 1254, they may even pay a special dividend this year.

Michael.

[sailing john] 27/8/2015 15:15

The Wolf re buybacks - They did in early 2014

Bought back 30% at 110p at a cost of nearly £9m

And returned 110p/share £31m to shareholders (capital or income option)

What more could you ask for!!!

Except a subsequent 100% increase in shareprice!!!

And still very good value 1H eps was 13.3p and - "the full year results are again likely to exceed the Board's prior expectations"

Solid balance sheet stacked with Assets

A little profit taking recently on the back of China worries but I'm expecting significant further progress this year

SJ

[the wolf of wall street] 27/8/2015 15:13

Please please lets not have personal snipes.
I have a small holding here but tempted to
increase considerably.

[michaelmouse] 27/8/2015 15:09

I think mike740's conkers fell off a long time ago ;)

Whoooooshhhhhhh!!!!!!!!!!

Very childish I know, but irresistible!!!!!!

Michael.

Ex-divi next week.

[the wolf of wall street] 27/8/2015 15:00

Interesting stock.

Personaly id like to see dividends used instead
to buy back stock.

I think taking that route investors getter a better
deal.

[battlebus2] 27/8/2015 14:56

Yes we call them tasty dividends :))

[mike740] 27/8/2015 14:52

Yep but the conkers are falling off.