Share Name Share Symbol Market Type Share ISIN Share Description
Avingtrans Plc LSE:AVG London Ordinary Share GB0009188797 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 184.50p 182.00p 187.00p 184.50p 184.50p 184.50p 40,507 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 22.7 -0.3 -1.3 - 56.65

Avingtrans Share Discussion Threads

Showing 2776 to 2799 of 2800 messages
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
DateSubjectAuthorDiscuss
11/12/2017
17:21
No idea but if goes below 180 I would not wish to be long
toffeeman
11/12/2017
17:18
Anyone know what's happening here?
lignum
17/11/2017
09:36
I attended (very late decision on Wednesday evening prompted by the discussion with RogerRail - otherwise I would have missed the date!) along with 3 other private investors including Mark (marben) from ShareSoc. Mark has suggested he will add an agm report on the ShareSoc website.
cockerhoop
16/11/2017
23:26
It’s a bit early to expect any meaningful comment from management. The slip back in price on no news gives those who believe in the management and those who saw the potential in the takeover a chance to add to there holdings. I will happily give the management time to work their magic.
ugandalad
16/11/2017
23:26
It’s a bit early to expect any meaningful comment from management. The slip back in price on no news gives those who believe in the management and those who saw the potential in the takeover a chance to add to there holdings. I will happily give the management time to work their magic.
ugandalad
16/11/2017
22:50
I think I read that someone was going from ShareSoc...probably on Twitter and lost the will to scroll back further. Hopefully someone will share Q&As even if there was nothing to add by way of a formal statement. At 207p they are interesting again but just like to know how HAYT is working...
steve3sandal
16/11/2017
22:17
I see they had no trading statement to coincide with the AGM but also see that they have not done that in the last 4 years and given that we had the prelims 6/7 weeks ago not sure what they would have said even if they had had one.
cerrito
16/11/2017
18:35
Sadly neither did I - my first miss for many years!
dgwinterbottom
16/11/2017
18:09
Unfortunately I didn't make it along today - just too many other things on at present.
briangeeee
16/11/2017
13:59
Did anyone make the AGM? I was keen to go but missed the announcement and assumed they were having it late this year Appreciate any report
cerrito
15/11/2017
19:26
CH Yes I think you are right, the initial £47m contract was for the PFCS ILW waste container. Not sure what the follow on £11m order was for but the graph in the download does show an additional requirement for PFCS containers (shaded in lilac) The cast flange I suppose removes the need to profile from a steel plate which leads to the problem of what to do with the bit in the middle. I would think they needed to do some research on the method of welding this flange as the microstructure will be different to the sides.
rogerrail
15/11/2017
16:29
MSSS appears to be a large proportion of the ILW needing to be securely stored during phase 1 of the program to 2023. hTTp://www.nnl.co.uk/media/1660/ac-cs-dc-systems-engineering-sellafield-ilw-container-acquisition-plan.pdf
cockerhoop
15/11/2017
16:13
I'm prepared to be corrected here Roger but my understanding was that Sellafield Ltd have designed 2 types of 3m3 box (1 is a double wall design, the other single wall) to store the Intermediate Level Waste and MSSS is a sub-type of ILW. Sellafield Ltd appear also to have carried out further R&D to attempt to bring down the cost of manufacture of the boxes using different welding techniques along with casting rather than machining flanges. How this affects AVG is unclear to me.
cockerhoop
15/11/2017
12:14
From what I have read this may be a new more expensive/complex type of box ( £780m /15000 in total + 1500 of "another type" = £45K+/box). The current contract is for the Intermediate Level Waste containers, so no contract is assured for the new type but agree I expect they should have the skills and be in the running to gain a proportion of this new work. I am thinking perhaps this was the rationale behind the acquisition of Whiteley Read.
rogerrail
15/11/2017
10:56
Good spot Roger! I particularly liked the 'Sellafield Limited is seeking to accelerate procurement timescales so this Contract start date could be brought forward.' My understanding is that AVG and only 1 other competitor have been producing the initial boxes so must be in prime position to be awarded part of the contract. The company say: The on-going pre-production phase of Sellafield 3M3 Box operations at Metalcraft continues to proceed positively, with Sellafield approving the first 3M3 prototype unit and opening the 3M3 box production facility at Chatteris. This progress was underpinned by the award of a significant contract extension by Sellafield. The Sellafield project is the precursor to a significant expansion of long term business in the nuclear decommissioning sector. We believe that Metalcraft is well-placed to be a key partner for Sellafield in this programme over the next 30 years and to participate in further contracts in the sector, as and when these are tendered.
cockerhoop
15/11/2017
10:19
It appears there are £780m worth of contracts still on the cards for MSSS (Magnox Swarf Storage Silo) 3m3 boxes for delivery commencing April 2020. I would think and hope AGV are bidding on these. A supplier day is scheduled for 16th Nov. hTTps://www.bidcomservices.co.uk/tender/2151/msss-3m3-box--prior-information/ hTTps://www.ukconstructionmedia.co.uk/market_leads/pipeline-framework-msss-3m3-box-supplier-day/
rogerrail
11/11/2017
10:12
Agreed Resistance in the region of 210p - If breaks then possibly sub 200p in a hurry.
pugugly
11/11/2017
09:59
Like the company but not liking the chart at the moment
ewanwhose
10/10/2017
10:26
Should be good news for P Brotherhood as I expect they will get the order for the STG's: hTTp://crweworld.com/article/news/40663/building-to-start-on-new-nuclear-submarines-as-government-announces-13-billion-investment
rogerrail
06/10/2017
13:42
Podcast by simon thompson on avingtrans. Start at 27 minutes in htTps://www.investorschronicle.co.uk/shares/2017/10/06/companies-markets-show-tiles-flooring-dogs-kettles-simon-thompson/ Key takes are that brokers forecasts for may 2019 use a 5% profit margin for HAYT's contribution. But as recently as 2016 they hit 9%. So, if avg can turn it around, then there is potential for re-rating.
glawsiain
04/10/2017
08:59
The pro-forma statement of financial position (P157 of Admission Document) shows zero net debt when putting the 2 businesses together with net assets of £68m (approx = current market value). Net assets include 14m of freehold land. The statement is hypothetical but a reasonable indicator of what the combined balance sheet will look like. I don't understand the operating profit contributions for HAYT mentioned above of 3m in 2019. In the years to March 15 and March 16 HAYT had pre-exceptional operating profit of £5.4m and £5.8m. The operating loss of 2.5m in FY17 must have been an aberration due to customers deferring orders and other factors contributing to the perfect storm that AVG refer to. Since 2016 sterling has weakened which must help their exports (which are the majority of the business). There are also cost savings (at least 0.6m for directors pay). With normality resumed, focusing on business instead of keeping banks on side and customers placing orders that were deferred in 2017 why shouldn't HAYT itself be contributing north of £6m in 2019?
lignum
02/10/2017
14:09
I think Thompson has made a fair evaluation of the situation and while I have been holding back on the last third of my planned investment I think I'll jump in with the CEO and add to my holdings.
ugandalad
02/10/2017
13:31
Simon Thompson positive in IC hTTps://www.investorschronicle.co.uk/comment/2017/10/02/engineering-gains/?utm_campaign=Copy+of+ICDailyEmail_new2016&;utm_source=emailCampaign&utm_medium=email&utm_content= Snippet An immediate objective for the management team is to restore Hayward Tyler’s profitability by taking out costs from the business, improving the supply chain management and removing duplicated overheads. Jo Reedman at N+1 Singer believes that £3.2m of costs can be taken out in the financial year to end-May 2018, doubling to £6.6m the year after, and is conservatively assuming that Hayward Tyler will make a nine-month operating profit contribution of £1.6m in 2018, rising to £3m on £61.6m sales in the 2019 financial year. There’s scope for upside as Hayward Tyler’s reported operating profit margins were as high as 9.4 per cent in 2016 prior to getting into difficulty, and finance director Stephen King has only assumed flat sales from Hayward Tyler. The point being that although analysts expect Avingtrans's pre-tax profits to increase sevenfold to £2.1m on revenues of almost £80m in the 12 months to end-May 2018, around 85 per cent of which is already supported by contracts in place, rising to profits of £3.4m on revenues of £95m the year after, I can see potential for outperformance given the conservative assumptions on which the estimates are based. Furthermore, with the backing of Avingtrans’ solid balance sheet, there are no financial constraints impeding progress at Hayward Tyler, another reason behind its recent underperformance.
cockerhoop
02/10/2017
07:36
CEO Steve Mcquillan who prides himself on not overpaying has dipped his hand in his pocket along with his 'Punk Rocker' wife. hTTps://uk.advfn.com/stock-market/london/avingtrans-AVG/share-news/Avingtrans-PLC-Directors-Dealing/75763744
cockerhoop
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
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P:42 V: D:20171213 17:08:05