Avon Protection Share Discussion Threads

[devonwood] 01/5/2019 08:36

How can a record order book and increased dividend amount to bad news?

[ch1ck] 01/5/2019 08:33

Bad news back to 1200

[mwainw1973] 30/4/2019 15:24

What are we expecting tomorrow?

[18bt] 26/3/2019 10:15

I'd favour a special dividend and consolidation as its in my ISA. They will however be concerned that c£60m of special off a market cap of £386m will reduce liquidity. Cash per share will be about 195p by year end. So the cash adjusted PER is around 14.5x and they should keep churning out cash as most of EPS converts into FCFPS.

[18bt] 26/3/2019 07:30

Another cracking long term contract. My only concern is what they do with the cash pile.

[tim1478] 31/1/2019 18:31

Thank you. I should have checked more carefully

[jeffian] 31/1/2019 16:37

No, reaction to the Trading Update issued at this morning's AGM. (See RNS above just below the graphs)

[tim1478] 31/1/2019 16:32

Was today's dip a tree shake or am I missing something?

[jeffian] 14/11/2018 14:32

I'm trying not to think of the half of my holding sold at c.450p on the grounds that it was looking fully-valued! Still, the remaining half is some consolation.

[deadly] 14/11/2018 10:28

Nice results, profit up 12%, net cash etc.

[mattboxy] 17/10/2018 20:00

Thought we were starting to pick up today but....no!

[mayers] 16/10/2018 16:02

More of a forest shake I would have thought, mattboxy! Hevea brasiliensis perhaps :-) Support at 1200 I would hope.

[mattboxy] 10/10/2018 14:49

Has anyone heard anything ?Seems a bit of a tree shake but not sure why

[mattboxy] 10/10/2018 10:55

Really -why??

[gswredland] 26/9/2018 21:15

Yes odd given the reasonable update a couple of weeks ago

[jeffian] 26/9/2018 17:49

Ooops! What happened there?

[mattboxy] 14/9/2018 08:01

I'd say it's pretty positive Cash conversionStrong operational cash generation has been maintained with EBITDA cash conversion expected to be circa 100%. The year end cash position will reflect the costs relating to the acquisition of the Merrick's calf nurser product line.Commenting, Paul McDonald, Chief Executive Officer, said:"The Group's momentum has carried over into the second half of the year with Avon Protection continuing to benefit from opportunities across its product portfolio and customer base, and an improved overall performance from milkrite | InterPuls following the recovery in the North American market. Our strong order book provides good visibility going into the new financial year and the business is well positioned to deliver further growth and take advantage of new product opportunities to build a stronger business for the future."Full year results for the year ended 30 September 2018 will be announced on 14 November 2018.

[18bt] 14/9/2018 07:39

Nothing also to suggest they are a sell either. Continued growth expected and v strong cash conversion.

[mammyoko] 14/9/2018 07:26

In-line but nothing to suggest they are a buy at 19x forward earnings

[eentweedrie] 22/8/2018 08:41

slow but inevitable drip down. Looks like support could be at the £12 levels

[mattboxy] 21/8/2018 23:34

Shenanigans!!

[gswredland] 21/8/2018 13:38

Cheers guys

[9degrees] 21/8/2018 09:43

director was buying at £14.45 a few weeks ago so MM's playing about as usual probably