Avingtrans Share Discussion Threads

[cerrito] 21/10/2021 22:04

A good short punchy interview with the CEO done on September 30th whichI have just stumbled on.

[brummy_git] 13/10/2021 12:19

Avingtrans was discussed positively here with Jamie Constable of Singer Capital Markets & Paul Hill (starts in nuclear section at 27:45)

www.voxmarkets.co.uk/articles/singer-capital-markets-october-macro-outlook-3b74053

[brummy_git] 13/10/2021 06:41

Excellent strategic £2.5m investment by Avingtrans for a 5.9% stake in Oxford based
Adaptix Imaging.

An emerging medtech leader that is developing a low-cost, low dose, 3D portable X-ray imaging machine that could transform radiology.

All the news here.

www.linkedin.com/posts/paul-hill-a5994116_avg-sector-multiples-kpis-131021-activity-6853934542747697152-YDJW

[ayl30] 29/9/2021 07:18

Bit of a measly reaction to rns

[ayl30] 29/9/2021 06:31

Excellent rns today

[brummy_git] 29/9/2021 06:22

In this fascinating video, CEO Steve McQuillan & CFO Stephen King discuss today's consensus beating results.

Alongside explaining how Avingtrans has delivered 23% CAGR shareholder returns over the past decade & what’s lies ahead. Excellent watch.

www.voxmarkets.co.uk/articles/avingtrans-discusses-their-impressive-results-e0e40a4

Plus all the commentary & & comparative sector multiples/KPIs here. Indeed, I've lifted my sum-of-the-parts valuation to 526p/share vs 507p before.

www.linkedin.com/posts/paul-hill-a5994116_avingtrans-valuation-multiples-sector-kpis-activity-6848860483462725632-E6YT

[ayl30] 07/9/2021 08:06

Nice moves of late, results due end Sept

[cerrito] 22/7/2021 09:09

Had a belated read of a JM Finn note and saw the figures for Pre Tax Roce.
For this 21/22 FY they forecast 6.9% up from an estimated 6.7% last year and down from 7.7% in 128/19.
Somehow I had expected them to be higher.

[jg88721] 13/7/2021 08:27

enjoyed the video a lot. owned this company for years ... first time I've seen mgmt.

[brummy_git] 12/7/2021 06:11

A marvellous new £4.4m contract win for specialist engineer Avingtrans today. Find out all the news here.

www.linkedin.com/posts/paul-hill-a5994116_avg-activity-6820232518596378624-I0Rn

[ayl30] 12/7/2021 06:08

Nicecontract news today.

[westofengland] 08/7/2021 10:03

Thanks Brummy.

Very good to have the video which I will enjoy later.

I am very appreciative of the work you carry out and also enjoyed the Videos you made with Christopher Mills of North Atlantic/Harwood and Laurence Hulse of Gresham House Strategic.

All best

Adam

[brummy_git] 08/7/2021 09:07

Strong update today

AVG video went live earlier with CEO SMQ & CFO SK, alongside my updated sector multiples & KPIs (which can be downloaded) for investors.

www.linkedin.com/posts/paul-hill-a5994116_avingtrans-fy21-trading-update-activity-6818810332446830592-idAU

www.linkedin.com/posts/paul-hill-a5994116_avingtrans-sotp-and-sector-multiples-kpis-activity-6818802036650385408-f83G

Youtube link here:

[ayl30] 08/7/2021 06:23

Lovely company this, news should reinforce share price trend

[alter ego] 08/7/2021 06:19

trading update:
"Steve McQuillan, CEO of Avingtrans, commented: "We are delighted with the strong performance of the Group which will report results for the year ended 31 May 2021 in line with the previously upgraded market forecasts. Net cash in the business remains healthy which was strengthened following the successful sale of the Peter Brotherhood business in March."

"The Group is in a very good position to execute its PIE (pinpoint-invest-exit) strategy and its pipeline of opportunities is strong. The Board remains confident on the outlook for the Group which is reflected in the reinstatement of the full year dividend."

[dgwinterbottom] 01/7/2021 06:26

No trading update thus far!

[18bt] 29/6/2021 07:55

I suspect it's more to do with a SImon Thompson repeated rec. in the IC. Quoting Paul Hill who says fair value is 507p

[alter ego] 29/6/2021 07:53

also, a piece in the IC yesterday by Simon Thompson, suggesting that AVG valuation based on operating profit is 38% lower than the average of 18 sector peers. He says that a sum of the parts valuation would derive a valuation of about £5 a share.

[ayl30] 29/6/2021 07:10

Market likes today's news, price continues up, great little company

[brummy_git] 29/6/2021 04:21

Just in case you missed it yesterday.

Marvellous insights from Christopher Mills of Harwood Capital - a world class investor - talking about top quality stocks, such as Avingtrans.

Heaven personified

www.linkedin.com/posts/paul-hill-a5994116_vox-markets-fund-manager-interview-with-chris-activity-6815288599295123456-BgJJ

[tole] 20/6/2021 15:35

https://masterinvestor.co.uk/latest/small-cap-round-up-featuring-amino-tech-anexo-avingtrans-and-more/Avingtrans (LON:AVG) – a good slice of PIEThere should be a full-year trading update issued on Thursday 1 July by this group.The company has a number of business units involved in various sectors. It designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.Richard Hickinbotham, at N+1 Singer, has estimated that for the year to end-May the group saw revenues lower at £98.5m (£113.9m) but with adjusted pre-tax profits up from £6.0m to £7.4m. He sees earnings at 20.0p per share (16.9p), capable of covering a 4.0p dividend (nil).Remember that the strategy of this group is PIE – pinpoint, invest and exit. I like that strategy and consider that the company really works hard at identifying opportunities in which to invest its time and management efforts as they improve before selling off.So, watch out for the subsequent share price boost as disposals are enacted.The shares at 380p are sure to rise a lot further, so hold tight.(Profile 04.11.20 @ 260p set a Target Price of 325p*)

[brummy_git] 19/6/2021 11:31

Avingtrans (15mins 35secs) was also talked about by capital markets expert Jamie Constable of N+1 Singer here yesterday.

www.linkedin.com/posts/paul-hill-a5994116_n1-singer-chief-economist-jamie-constable-activity-6811638461578182656-EjGN

[brummy_git] 07/6/2021 05:10

Tracking what super smart investors do is a marvellous way of unearthing new opportunities.

Specialist engineering products/aftermarket services firm Avingtrans is a case in point. Offering >35% potential upside vs my 507p/share SOTP (including all sector multiples/KPIs).

The business model is to buy such high performance assets cheaply, integrate them, improve results & ultimately sell if the exit price is right. A strategy which has played out perfectly over the past decade – driving the stock up on average 20% pa (excl divs) vs 4% AIM.

www.linkedin.com/posts/paul-hill-a5994116_avingtrans-sotp-valuation-engineering-multiples-activity-6807528410571714560-3O4o

[cockerhoop] 03/6/2021 07:30

I'm not suggesting that a sale is imminent at Booths but think they already have an eye for the exit. Which is what you'd expect - it's the companies investment policy.

[dgwinterbottom] 03/6/2021 06:14

It does indeed look as though Booth Industries with the right action being taken for the future will be an excellent profit generator, therefore it would seem a great shame to lose it to the PIE policy when it may in future generate good and useful profit for the group as a whole!