Avon Protection Share Discussion Threads

[nerja] 24/9/2021 15:30

Paul McDonalD

Aggregated volume
- Aggregated price
- Aggregated total


1,932
GBP 20.69
GBP 39,973.08


Deborah McDonald

Aggregated volume
- Aggregated price
- Aggregated total


1,204
GBP 20.63
GBP 24,838.52


Bruce Thompson

Aggregated volume
- Aggregated price
- Aggregated total


5,000
GBP 20.90
GBP 104,500.00

[nerja] 24/9/2021 15:11

Nice directors purchases

[mwainw1973] 24/9/2021 10:16

Even nicer

[w1lbur01] 24/9/2021 09:16

Yes I was thinking/hoping that

[someuwin] 24/9/2021 08:09

Great news.

[buywell3] 24/9/2021 07:49

Rubber bullets contract win would be better

Or a special ribbed rubber protection contract for men

[pugugly] 24/9/2021 07:40

bookbroker - U beat me to it - City leakier than a sieve

[bookbroker] 24/9/2021 07:38

News would have leaked y’day judging by move!

[warrenbuffet73] 24/9/2021 07:30

Good news but the contract values are tiny. Reckon share price rising on bottom feeding.

[bigbigdave] 24/9/2021 07:03

Avon Protection plc

U.S. Defense Logistics Agency Body Armor Contract

Avon Protection plc is pleased to confirm the U.S. Defense Logistics Agency ("DLA") has exercised the first of the two one-year extension options under the DLA Enhanced Small Arms Protective Inserts ("ESAPI") body armor contract.

The exercise of this initial option extends the contract to 22 September 2022 and triggers a minimum order value for the option year of $19 million.

The exercise of the option also triggers a further $3 million of contingent consideration payable to 3M under the terms of the acquisition of the Ceradyne ballistic protection business, as announced on 7 August 2019. This brings the total contingent consideration payable to date to $7 million. Additional contingent consideration will become payable on receipt of further orders in excess of the minimum order value of $19 million, with the maximum total contingent consideration payable to 3M being $25 million.

First article testing has progressed in line with the Company's expectations and formal product approval for the DLA ESAPI body armor is expected to be received during the first quarter of our 2022 financial year, with initial shipments expected during the second quarter.

Commenting, Paul McDonald, Chief Executive Officer, said:

"I am pleased with the progress the business has made since December to address the delays experienced in obtaining DLA ESAPI product approval.

This contract extension demonstrates our ongoing position as a leading supplier of body armor to the U.S. armed forces, as well as underpinning our FY22 body armor revenue expectations."

[conwyrebel] 23/9/2021 16:38

I saw it on Stockomendation

[deanowls] 23/9/2021 16:13

Hopefully bowly mcbowl face

[robinnicolson] 23/9/2021 16:12

Perhaps the shares have been tipped somewhere today? I noticed that Avon Protection is currently the No.1 most searched share on SharePad.

[18bt] 23/9/2021 15:19

Well, my small trade helped - I've ridden this for many years from about £1.60 and down before going up and top slicing along the way including some (but not nearly enough) close to the top. £18 felt a good level to top up - under 15x 2022 forecasts if they are to be believed. If they aren't I think PE will take out, so I don't see much downside.

[walkernbudgie] 23/9/2021 14:58

Depends where you are, if you are at the top looking down it's not so pretty.

[mwainw1973] 23/9/2021 14:53

Yes chart looks good

[bigbigdave] 23/9/2021 14:40

Some chunky volume going through today.

[someuwin] 23/9/2021 08:09

Turning upwards.

[bingaxu] 17/9/2021 16:28

The Capital Group Companies, Inc. increased holding to 10% from 5 % yesterday. Building up for the take over bid next?

[bingaxu] 16/9/2021 13:58

New low sub 1700???

[hawaly] 13/9/2021 09:03

GLA

😎

[walkernbudgie] 13/9/2021 08:59

The 3 declared short positions from JP Morgan, Goldmans and WorldQuant have all disappeared (from bloomberg). Goldmans was the last short until this week.

[ch1ck] 13/9/2021 08:10

If Naked is buying then his followers will follow and I'm in.Totally agree it's a great time to buy