Avon Protection Share Discussion Threads

[sparkstrader] 02/5/2012 12:50

They appear to have changed the link:

[angels share] 02/5/2012 11:32

Buy Today Before Someone Else Does!

[sparkstrader] 02/5/2012 08:22

Agree 18BT - solid numbers of growth, very positive upbeat RNS + it's largest ever contract win.

[18bt] 02/5/2012 07:22

Positive interims, cleanly presented, great showing on cash generation and good divi increase. And a good export order from a new customer. All good stuff.

[angels share] 01/5/2012 15:34

prior to tomorrow......

Earnings Outlook

- WH Ireland estimates the company to report revenues of £110.70 million and £119.80 million for the FY 2012 and FY 2013 respectively with pre-tax profits (pre-except) of £11.30 million and £13.00 million. Earnings per share are projected at 27.20 pence for FY 2012 and 30.50 pence for FY 2013.|
- Charles Stanley expects the company to record revenues of £108.70 million for the FY 2012 and £124.30 million for the FY 2013 with pre-tax profits (pre-except) of £11.00 million and £12.90 million respectively. Profit per share is estimated at 25.10 and 29.30 for the same periods.
- Edison Investment Research projects Avon Rubbers to earn revenues of £115.60 million for the FY 2012 and £124.00 million for the FY 2013 with pre-tax profits of £11.50 million and £13.20 million respectively. EPS is projected at 27.80 for FY 2012 and 31.10 for FY 2013.

Brokers' Views:

- WH Ireland assigns 'Buy' rating with a target price of 370 pence per share
- Charles Stanley assigns 'Outperform' rating with a target price of 320 pence per share
- Arden Partners recommends 'Buy' rating with a target price of 308 per share

[proj] 26/4/2012 15:53

AVON strongly tipped in this week's Shares Magazine. "....results due May 2nd. This stock looking too cheap to miss, with profits expected to rebound by 13%. Buy at 278p"

[angels share] 20/4/2012 14:33

Blackrock loading up prior to Interims on May 2

[ryandj2222] 27/3/2012 20:35

This share is getting a bit boring now, hovering around the same price for quite some time!

[ryandj2222] 02/2/2012 15:49

Good support around 290 or 300.

[jeffian] 02/2/2012 11:53

True, but in the current market anything less than positive gets penalised.

[sirgainalot] 02/2/2012 11:38

The filters are just delayed until H2.

[jeffian] 02/2/2012 11:16

Ooops! No sooner said......

[jeffian] 02/2/2012 10:06

I don't know about "nice"; more like the Curate's egg (good in parts). To have the principal profit-driver subject to "contractual protest...which will delay delivery dates for this order" doesn't read well and I'mm slightly surprised the shares haven't been marked down more.

[ryandj2222] 02/2/2012 08:48

Not so nice selling! Little dip

[18bt] 02/2/2012 07:41

Nice IMS this morning.

[bluebelle] 27/1/2012 14:02

Hope not, AS - replacing this one in the portfolio wouldn't be easy ! I think it may have suffered temporarily about concerns over US defence cuts, but given the products they supply they're not likely to be adversely effected, as you can see from the terms of the contract announcement a while ago.

Sign of the times that a P/E of 10 is regarded as being high (I actually make it higher than 10) : sign of the times indeed ! What a surprising number of analysts seem to ignore, however, is that P/E is based on current price and historic earnings. A P/E is only high in my opinion if current and future earnings are likely to be equal to or less than historical earnings, if not the P/E is falling as we 'speak' ! If current forecasts are correct, that is happening : a stock like this trading on a PEG of less than 1 is a strong buy in my book.

I actually disagree with the statement about the dividend. First they only started paying a dividend relatively recently following the restructuring. Second, and much more important what are they doing with the money instead ? Answer : investing in R&D, which has trebled. Given my timescale I would rather have a quality stock in a well run company which is investing to generate enhanced future earnings than a much higher dividend : at least they pay something !

[bluebelle] 26/1/2012 14:13

Interesting. The metrics on this are very impressive under the 'new' regime. I particularly like the increasing EPS and, more important, cash flow ps whilst one must hope that the significant increase in R&D expenditure will generate further growth down the line. They have adopted a progressive dividend policy which I also like to see, have an undemanding p/e and a PEG of less than 1. I still don't think it has had the market recognition which its figures merit.

[angels share] 26/1/2012 14:04

WH Ireland Securities initiates buy on Avon Rubber, target price 370p

[bluebelle] 25/1/2012 10:01

Love the chart on this at the moment !

[bigtitt] 20/1/2012 09:52

Interims Feb2nd

[jon827] 04/1/2012 18:03

sorry to hear that nellie, thanks

[angels share] 04/1/2012 13:12

some good buying today. IMS last year on 25 Jan.

[nellie1973] 03/1/2012 09:08

From above:

Engineer Avon Rubber's development of its dairy business and protection and defence operation – producing gas masks for the US Department of Defense – is paying off despite budget concerns, with improved profit margins and opportunities to expand its range of products. At 315p it could also be a bid target.

Jon, site stopped because of increased server costs and a rapid decline in visitors following last August. Good luck and thanks for the visits over the year:0)