Find Your Broker
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
  +3.50p +1.67% 212.50p 210.00p 215.00p 212.50p 209.00p 209.00p 19,954 14:08:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 78.9 -4.5 -16.0 - 66.64

Avingtrans Share Discussion Threads

Showing 2876 to 2899 of 2900 messages
Chat Pages: 116  115  114  113  112  111  110  109  108  107  106  105  Older
DateSubjectAuthorDiscuss
15/1/2019
20:55
I could not agree with you more here steve3sandal, excellent leaders that have hardly put a foot wrong since coming on board, I have always maintained a decent stake here since first investing a number of years ago but I have also taken the opportunity to trade and make a few bob from time to time as and when the opportunity arises, as the share price always seems to drift as most illiquid shares do in their quiet period. For those unaware Simon Thompson revisited AVG yesterday, hence the recent spike in the share price.
hyperboreus
15/1/2019
18:55
Lots of positive pointers in the TU. surprised to have had the opportunity to top up in The 170s and 180s and not surprised to see the bounce. Setting themselves up for long term growth.
steve3sandal
14/1/2019
08:56
I like the very positive outlook for HT. Looks like all divisions going well. Looking forward to results in Feb
zipstuck
07/1/2019
18:12
Glass half said on twitter recently that he had already reshuffled his holdings and will disclose at a later date so quite possible he exited here
dan_the_epic
07/1/2019
17:42
1 year breakout down - Brexit worries? or problems absorbing last year's purcase?
pugugly
27/12/2018
19:15
I’ve increased my stake here though it’s down since! On Twitter GHF did flag a holding back in Sept I think and I he’s not subsequently advised otherwise. Bit of patience required, I’m quite hopeful they’ll deliver and it’s no longer looking expensive to me.
steve3sandal
27/12/2018
17:43
Does Glass half still hold? Haven't seen him flag otherwise
dan_the_epic
27/12/2018
17:26
Given the continued decrease in the share price over the last weeks, I was expecting the Dec 21 RNS to be a holding reduction-not an increase.
cerrito
15/12/2018
17:09
The fall in share price may reflect that someone trying to sell in a thin market; I see that the top 7 shareholders have 44% of the company and I do not see them as selling. My understanding is that 28K traded on Friday on LSE-a lot for AVG. The largest was for 12k at 15.03 at 187p which suggests it is a buy who knows. All other trades were inconsequential. Perhaps someone wants/needs to sell pre year end and cannot wait to see what tangible results the interims bring.
cerrito
15/12/2018
10:15
PT Late negative reaction to the expansion of medical ???? " The Acquisition will integrate Tecmag's expertise in consoles and spectrometers with that of Scientific Magnetics, acquired by the Group in February 2017, in the area of superconducting magnets and cryogenics. The combination of these two businesses - together with the Group's existing capabilities - means that Avingtrans and its partners will have the ability to produce complete MRI, or NMR systems. This continued expansion and strengthening of the Group's Medical Division provides the platform for further investment in the imaging sector, ultimately driving towards future profitable growth. " OR as a result of a general slowdown in the world economy and a risk of lask of future orders for capital goods OR a realisation that if the world is not going to exceed 1.5C temperature increse coal MUST be phased out - or we will all need to learn how to swim - !!
pugugly
15/12/2018
09:55
no idea, but we'll soon find out i guess
puffintickler
14/12/2018
15:42
what's going on here? no news today and it does this?
double teapot
14/11/2018
10:33
I have been going through the annual report and the following are some things that caught my attention. First well done to keeping it to 92 pages, quite an effort in today’s age for a proper operating company producing dividends . Good to see a 2 page remuneration report. Interesting that there are no pen portraits of the directors or indeed name checking of senior execs-one has to go to the About Us section of the website to get this info. 4 pages of AR devoted to pensions accounting-reflecting the world we live in. All pretty straightforward. If I had been able to make the AGM I would have wanted to know about management capacity and capex requirements. To me the H1 figures will be key as we should see most of the benefits of the restructuring programme and there will be no acquisition costs. Page 4 Good that they refer to the successful integration of HAYT Was not quite sure what to make of this comment: quote As energy capital goods markets continue to recover, M&A activity remains strong and businesses like ours are commanding high valuations unquote My reading is that they expect to receive a good offer for their business but doubt if that was what was meant. It would also suggest they will not do many more acquisitions-given the valuations and indeed begs the question of how much spare management capacity they have to do another big one. Incidentally- not sure about you folks- I have yet to see high valuations for my holdings in energy capital goods makers. Page 5 Though of no relevance to AVG’s short term future interested to read that quote coal as a fuel for generating electricity will remain the number one choice throughout the next decade, unquote and lower down did not appreciate that Russia funds nuclear projects. Page 10/13 Had no particular comment on the Risks Page 16 I have no comment on Going Concern statement Only change in the stable shareholder composition is that we have said goodbye to Close who last year had 3% and said hello to Black Rock with 5.1%. This year the 3%+ shareholders have 44% of the shares. Page 19 Given that they give so little publicity to the AGM, I thought the following did not ring true The Board regards the Annual General Meeting as an opportunity to communicate directly with private investors and actively encourages participative dialogue. Page 50 Had forgotten how strong the after sales revenues from HAYT were and good that just under half the sales price for EPM/PSRE were after market. When the Interims come out will be focusing in on operating performance of EPM and am very much going on the basis that they will reverse the £1.5m operating loss. Page 51 Fact that sales to ex UK Europe were 15 pc explains why on page they were relaxed on Brexit-see the Outlook statement on page 15. Page 53 I see that for the whole year actual interest costs were £430k but we do not know how much of that relates to the second half as for the first half all we get is the finance cost of £184k. The cash flow statement is less than helpful as for the full year it has just £19k of finance expenses paid and finance income of £565k. Interest coverage is not an issue but very frustrating that for this half year to11/18 we will just get an aggregate figure for finance costs. Page 57/58 Goodwill Statement seems fair enough with assumed growth at 2%pa and a 12% discount rate. I see ,at £23m, Goodwill is 1/3rd of Net Worth and one would not want it higher. Not very keen on Other Intangible Assets at £15m-I see that 2/3 rds of this is customer relationships, which while they meet the approval of the Accountants I regard as Mickey Mouse. Financials I focused on the second half of the FY, which obviously had six months of HAYT. It produced a pretax profit of £0.5 m. For those who have not done the sums, H2 revenue was £51.9m, gross profit £13.9m and operating profit £0.8m. While of course the low pre tax profit is disappointing, I do not read too much into it. There were in H2 £116k of acquisitions costs- compared to £1.451k in H1 but presumably these costs are not repeatable till the next acquisition. H2 restructuring charge was £291k compared to £1408k in H1 and at least for the HAYT acquisition I would assume have largely been done. I note that amortization of intangibles from business combinations was £1497k in H2 down from £1808k in H1. For some reason other admin expenses went up from £4608k in H1 to £8623k and if I had been able to make it to the AGM that would have been a question. One assumes that in this current half year to 11/18 the full benefits of the restructuring will flow through. Good to see that operating cash flow was positive in H2- remember that H1 negative working cap of £6.8m. I have no feel for capex requirements. I assume some more for Maloney-page 90 but little required for Luton. I have no idea about the old PB plant at Peterborough. These capex requirements should be manageable within a pretty solid financial structure. As per note 35, £8.5m of operating lease commitments due in the next five years. I see that despite that 60% of sales were ex UK a 10 pc movement against the USD and Euro would impact profit by less than £100k- note 25. The banking situation looks OK and for me it is reasonable for them to assume that the £7m of undrawn commitments as at 5.18 will be renewed. Will be interesting to see if they seek to get the bank security lifted and indeed margins on short term borrowings lowered.
cerrito
12/11/2018
11:30
No surprise that market welcomes Wray going up from 9.8pc to 10.3pc
cerrito
09/11/2018
21:20
Cerrito, I attended last year but I'll be away next week so unable to make it this year.Lack of publicity caught me out last year too, only sorted trains out etc at 10pm the night before! Worthwhile but but they weren't particularly generous with their time imo. Formal business and Q&A only. Probably done & dusted in an hour. The board came from a meeting & returned to the meeting straight after the Agm.
cockerhoop
09/11/2018
19:41
Just seen this Notice is hereby given that the Annual General Meeting of Avingtrans Plc will be held at Shakespeare Martineau LLP, No 1 Colmore Square, Birmingham, B4 6AA on 15 November 2018 at 11:00am for the following purposes All other companies I know RNS the date of their AGM Is anyone going? Does anyone have a feel if worth the effort bases on previous years? As an ex HAYT holder and a pre HAYT AVG holder I have more in this than perhaps I should.
cerrito
03/10/2018
11:06
hTTps://www.investorschronicle.co.uk/comment/2018/10/03/avingtrans-earnings-beat/
cf456
03/10/2018
06:31
Prelims RNS: Https://www.investegate.co.uk/avingtrans-plc--avg-/rns/preliminary-results-for-year-ended-31-may-2018/201810030700027517C/ A couple of very positive soundbites from it. Roger McDowell Chairman said: "Exciting times lie ahead." "We look forward with relish to FY2019." Very upbeat overall!
hyperboreus
17/9/2018
12:00
I suspect you can credit Glasshalfull on Twitter, reiterating. Wise counsel.
steve3sandal
17/9/2018
11:12
Possibly, but in the past such contract wins have not had any effect on the sp!!
dgwinterbottom
17/9/2018
10:17
It's new contract wins totalling $3m
jurgenklopp
17/9/2018
10:07
Morning - I see there is a rise of 7p in the share price this morning, is this the pre results rise in the share price in anticipation of good results that I have seen many times over the years I have been investing in AVG.
dgwinterbottom
24/8/2018
22:41
No, there was a supplier day in late 2017 that related to a £975m contract for 15,000 3m3 boxes that was estimated at the time due to be announced in August 18. It's possible that your document is a delayed version of this contract or potentially a further phase.
cockerhoop
24/8/2018
17:57
CHThere was an £11m extension to the initial £47contract award if that is what you are referring to.
rogerrail
Chat Pages: 116  115  114  113  112  111  110  109  108  107  106  105  Older
Your Recent History
LSE
AVG
Avingtrans
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190121 05:52:40