Avon Protection Share Discussion Threads

[ch1ck] 09/9/2022 08:34

Just bought 3000 shares

[ch1ck] 09/9/2022 08:26

I'm buying today on this drop as I see 1000p as the base now

[jeffian] 08/9/2022 19:31

Well I'll wait until the management show they've got a grip.

[ch1ck] 08/9/2022 19:13

The drop was as expected it might take a few days to find a new baseI'll top up with more once it settles

[conwyrebel] 08/9/2022 14:06

Profit taking for sure

[r2oo] 08/9/2022 13:25

That's a firm NO then...

[r2oo] 08/9/2022 08:45

Wonder if there will be more of the same today!

[conwyrebel] 08/9/2022 08:34

There is some massive funds who took short positions of several % of stock of Avon. Worldquant/citadel/GSA capital. They will winding these down

[ch1ck] 08/9/2022 08:08

Ignore that rubbish

[ch1ck] 08/9/2022 08:08

Not trading but wick way?

[conwyrebel] 07/9/2022 18:35

Prob Short squeeze with the funds covering their short positions which is always good to see as an indicator

[r2oo] 07/9/2022 18:13

A notable 33 percent increase was nice today although zoom out to a 3yr chart and it's a mere blip that barely registers. Long way to go yet.Will be interesting to see if the positive momentum continues tomorrow and Friday!

[ch1ck] 07/9/2022 18:02

The fact they did not rush to announce an insider could be good news but let's see

[ch1ck] 07/9/2022 18:01

I asked last week for an update to trading and the search for a new director I would love to think it triggered this RNS but am not that daft.The market was ripe for good news from a military provider that had been beaten down. It could continue to rise as news of Paul's replacement could be near

[hope67] 07/9/2022 17:29

Maybe there is more contracts in the pipe.

[glavey] 07/9/2022 17:16

Bit of an extreme jump for a trading update quite thin on detail. The 'filters' order starts the following year and should extend over a number of years one would expect, given the 5yr shelf life.

[fuji99] 07/9/2022 12:43

If they replicate this for a few times, they are on the right direction. Pleased for all long term holders.

[babbler] 07/9/2022 11:59

your daily top riser post. Welcome

[dillydally2] 07/9/2022 11:37

The shorts will re load

[tomzimerman] 07/9/2022 11:11

Excellent indeed about time

[babbler] 07/9/2022 10:41

Shorters bums on fire today.

[74tom] 07/9/2022 09:04

Bit of a short squeeze here this morning, nice one to trade :)

[r2oo] 07/9/2022 08:23

Yes that's betterHopefully we should see a steady climb from here.

[conwyrebel] 07/9/2022 07:59

RNS below sounds like some progress finally.!

Avon Protection plc

("Avon Protection" or "the Group")

Order announcement and trading update

Avon Protection today provides the following order announcement and a brief update on trading in the second half of its financial year ending 30 September 2022.

The Group is pleased to announce the receipt of an order for c.380,000 pairs of M61 filters worth $15.1 million from the U.S. Department of Defense. Deliveries under this order are expected to commence in early FY23.

Trading in the second half of FY22 has improved in line with management's expectations as set out at the half year results in May. This is due to a modest improvement in mix in our respiratory portfolio and the commencement of body armor deliveries following achievement of full FAT approval, which partially offset the negative headwinds seen in H1. In addition, cost reduction activities continue to progress as expected. Overall, performance for the year on an excluding armor basis is predicted to be at least in line with market expectations.

Following Paul McDonald's decision to step down as CEO at the end of September, which was announced in May, the Group can confirm that the search for his successor is making good progress.