Avon Protection Share Discussion Threads

[mr_spock] 15/3/2017 11:36

There is potential here for good gains. My main concerns are:
-DOD mask contract which ends in May 2018. Will AVON win new contract?
-CEO leaving with no explanation (disagreement with board on strategy?)

[philanderer] 14/3/2017 09:06

924.5p bid , not a buyer in sight.

[philanderer] 14/3/2017 00:23

Still hiring anyway ;-)

Avon Rubber p.l.c.‏ @AvonRubber Mar 8

Avon Rubber p.l.c. will be attending the Tidworth Armed Forces Job Fair on 15th March. Come visit us to talk about our current vacancies.

[james010] 13/3/2017 22:01

been out of these for a bit now - starting to look cheap, would be tempted if it falls to longer term trend line at around 825.

[cheaky monkey] 13/3/2017 12:49

Reluctantly that's me out for the time being.just don't like the sentiment here at the moment & don't want to give back all my profit. Expect to be back in at some point, once the trend reverses. Ok, cue t/o bid in the morning, that's usually my luck!!GLACM

[philanderer] 13/3/2017 09:16

Relerntless, down another 2% on just 2k traded.

Unwanted.

edit:

There`s the culprit......15,000 @ 926.5p 'sell' just printed.

[philanderer] 12/3/2017 10:28

Herald Scotland newspaper

'John Phelps's portfolio'


We were reluctant sellers of our notional holdings in Avon Rubber last week when its share price finally triggered a sell signal under our stop loss system.

The shares had been hovering on the brink for the past few weeks as a result of selling by nervous investors following the abrupt departure of chief executive Rob Rennie after little more than a year in the job.

The company says trading in products ranging from military gas masks to teats for milking machines continues in line with expectations and no fewer than three stockbroking firms believe the shares are now some 20 per cent undervalued.


But we make it a rule to eject virtually all share tips which have fallen 10 per cent from previous peaks.

Only New Year selections enjoy a temporary reprieve to allow for a three month settling in period.

The disposal crystallised a loss of just more than £100 for the 2014 portfolio which has also hit by a fall in the price of supermarkets group William Morrison after it warned on the trading outlook for 2017.

[philanderer] 10/3/2017 14:18

Still slip sliding away. Chart support looks like 830p.

[philanderer] 09/3/2017 12:09

There`s not much volume, just persistent small sales.

16th may seems a long way off until we get an update.

[jeffian] 09/3/2017 11:28

Since the unexpected replacement of the CEO on 15 Feb, this seems to have been downhill all the way. Should we be worried? Is there more to it than meets the eye?

[philanderer] 07/3/2017 12:42

Looks like the 10,000 , 6500 and 2000 trades all @ 965p just printed are delayed sells from early this morning which caused the drop first thing.

[mayers] 03/3/2017 23:53

That makes a lot of sense, Jeffian. Thanks.

[jeffian] 03/3/2017 23:45

I don't have greater knowledge. I just can't see the populist Trump cutting equipment for his armed forces. Tonight's news is all about ISIL using chemical weapons. Can you see Trump, of all people, saying he's not prepared to buy protective gear for his forces? Also, they are selling to the police and fire services. 9/11 is still a raw memory.

[mayers] 03/3/2017 18:39

Thanks Jeffian. I just don't know whether home defence has the same demand for masks as the all too common conflicts abroad. I will bow to greater knowledge.

[jeffian] 03/3/2017 17:47

Rather the opposite, I would have thought. He's talking about a significant increase in defence spending and they are pretty committed to the Avon product.

[mayers] 03/3/2017 17:00

With the recent fall in share price are we seeing the effect of President Trump's avowed US soft pedalling in conflicts abroad? I refer of course to the any reduced demand for military masks. Any comment on this?

[philanderer] 22/2/2017 09:04

Slip sliding away... on no volume though

[philanderer] 20/2/2017 09:58

And down we go.... Hopefully support around 950p

[philanderer] 17/2/2017 17:16

So taking the dividend into account we`re -26p (2.5%) for the week.

edit:

just seen Blackrock dumped 300,000 shares yesterday.... still holding 3 million.

[philanderer] 17/2/2017 12:00

18BT , I`m sure you're right.

There`s been no big sales showing since the announcement.

[18bt] 17/2/2017 11:52

I assume with the involvement of the SID on the press release and because of the lack of big share price reaction, they have been out explaining the departure of the CEO to major shareholders. I hope we get more info in due course.

[philanderer] 15/2/2017 14:45

Couple of 'insiders' buying a nominal amount .

[philanderer] 15/2/2017 14:00

Edison report today..

Avon Rubber: Taking The Bull By The Horns


Avon Rubber (LON:AVON) announced this morning that CEO Rob Rennie has left and been replaced with Paul McDonald, formerly managing director of Avon’s Dairy division. This news comes as a surprise and is likely to raise some questions over the CEO and CFO transition, with the CEO only being in post for just over a year.

However, the group has appointed an executive already known to many who have followed the business, and as such should be seen as a good appointment with a track record of decisiveness and getting things done.

For the past decade Avon Rubber has been known for its very stable management team, but in the last few months there has been significant upheaval. While this morning’s announcement was unexpected, we see it as the start of a new and promising chapter for the company, bringing renewed cohesion.

As a longstanding Avon employee, Mr McDonald is well versed in the company’s strategy of driving organic growth through R&D and good execution while making tactical and strategic acquisitions where appropriate. In the Dairy division he has shown he is able to identify and pursue organic and inorganic growth opportunities.

Most notably he led the group’s largest acquisition to date, the €30m purchase of InterPuls. We understand he has wasted no time in getting his feet under the desk, and has already made a number of key management appointments within the divisions to ensure continuity. We expect the new divisional heads to be presented to the market at Avon’s first half results on 16 May 2017.


....To read the entire report click on the pdf File :

[philanderer] 15/2/2017 11:51

N+1 Singer have also come out today retaining their 'buy' and 1170p target


edit:

xd tomorrow morning for the 6.32p dividend

[wjccghcc] 15/2/2017 10:09

I'm thinking they would make a very good target for a US company. Much of the business is in the US, PE of 15 and generating lots of cash, no debt, dairy cycle upswing and the exchange rate makes them very cheap vs US valuations.