Avon Protection Share Discussion Threads

[buywell3] 16/8/2021 03:34

Skid marks on this chart imo



free stock charts from uk.advfn.com


Wonder if this got read much ?



Supply chain disruptions seem to be very much en vogue

[hawaly] 15/8/2021 16:50

LOL

😎

GLA

[jans3] 15/8/2021 15:49

That's 'lose' not loose

[warrenbuffet73] 14/8/2021 21:03

Could be worth £30-£40 a share in a bid situation easily. Meggitt been bought at a 70% premium and share price was doing better than ours

[warrenbuffet73] 14/8/2021 20:56

Forget the P/E for now. This is based on forward earnings. Meggit stood higher than this. Why? Defence is very high margin work and recession proof that’s why this will command higher than average multiples

[disc0dave45] 14/8/2021 15:27

Some quick numbers and I still have this on a forward PE of 28, falling to about 23 the following year. So still a bit tasty given more warnings could be down the road, quality company though and did hold previously (sold at £37.75 last Dec as thought it was getting ahead of itself and organic growth had slowed), so will keep watching.

[disc0dave45] 14/8/2021 14:24

"Operating profit in single digits.Just ?3M for H1?"What?

[p1nkfish] 14/8/2021 14:11

Will take a while for this to be forgotten and forgiven. Have had experience of it elsewhere. A right pain.

[p1nkfish] 14/8/2021 14:08

Templeton bought in at an unlucky time.

[luderitz] 13/8/2021 21:00

My word the share price took a real slapping today didn’t it.

[justiceforthemany] 13/8/2021 18:21

Operating profit in single digits.
Just £3M for H1?
P/E is around 150
Yes well over a hundred which is ridiculous

[medieval blacksmith] 13/8/2021 17:38

Part of the problem seems to be a ridiculously high PE in the first place. The correction has put it into a sensible - but still reasonably high PE - but the financials seem OK and strong enough to ride problems. I only make this comment on a few hours viewing so long-termists might want to shed a little more light on the qualitative side.

In for 2% of portfolio and it will stay that way for the time being and for longer if it heads back into high PE territory.

[pugugly] 13/8/2021 16:58

Damage was done by massive volume in first hour of trading -but bottom fishers do not seem to have been able to garner enough volume to hold the initial bounce with a continuous slow deline from the bounce though closed significanly above the early low -

Agreed may well have hit the vultures watch lists this morning but like most vultures they will now be circling and watching to see if mortally wounded and therefore ripe for eating or will still have enough strength to escape their clutches.

[medieval blacksmith] 13/8/2021 16:35

Yes I am. You can go now, you're dismissed. :)

[12toes] 13/8/2021 16:26

Loser BWAHAHAHA

[medieval blacksmith] 13/8/2021 15:58

Opportunity to buy in - which I have done.

[blue377] 13/8/2021 15:53

A Glimmer of Hope.

[hem007] 13/8/2021 14:19

Yeah. Ive just seen. Thanks for clarifying

[smcni1968] 13/8/2021 14:19

Instead of breaking out it broke wind

[richardly] 13/8/2021 13:20

Article analysis seems to have been proved correct: hxxps://www.thetwentiestrader.com/post/unmasking-avon-rubber

[thetwentiestrader] 13/8/2021 11:01

Much of this article from Feb still stands today. Delays, troubles with integration and declining return on capital on an unadjusted basis. hxxps://www.thetwentiestrader.com/post/unmasking-avon-rubber

[jackdaw4243] 13/8/2021 10:53

Broke one of my basic rules and added to an offside position

[mallorca 9] 13/8/2021 10:42

Chick ... be careful with banks - they are very vulnerable !!

9 degrees - spot on !