Avon Protection Share Discussion Threads

[mozyali] 18/12/2020 13:29

Down 20% as couldnt have timed it worse than coming in 2 weeks ago. Time to get rid? Or is this going to make a comeback? Yesterdays news wasnt good, im hoping its an overreaction to it ?

[cashstrapped] 18/12/2020 13:25

hxxps://www.ii.co.uk/analysis-commentary/shares-round-avon-rubber-ssp-ii514530

[cashstrapped] 18/12/2020 13:06

very likely now. for one thing they will be taking all the stops out from those that bought in the 3000 - 3200 yesterday. Concerning that there wasn't the usual bounce back after these kind of drops.

[johndoe23] 18/12/2020 12:18

Decent chance I would say...

[dicktrade] 18/12/2020 11:40

limit order 2999 , will it get filled ?

[suetballs] 18/12/2020 09:29

I'm in for £5k approx.
Been a fan of these for a while.
Suet

[fuji99] 18/12/2020 08:40

Regardless of this blip which often happens to any company, AVON is a must to have in any portfolio. I think within weeks the share price will recover and I agree this is far too overdone. It is also a strong hold for the medium to long term.

[the patient investor] 18/12/2020 08:10

Ask yourself this extremely simple question:

Was the news worth a 20% drop?

YOU DON'T KNOW THE ANSWER, DO YOU?

Well, read the patient investor17 Dec '20 - 16:00 - 65 of 65 AND FILL YOUR BOOTS.

[luderitz] 17/12/2020 21:37

Crumbs these have dived lately.

[the patient investor] 17/12/2020 18:34

you will not be able to do it

shame you are so greedy.

buy tomorrow at 3300 and you still will make money as I am currently doing (in at 3100)

[investing2retire] 17/12/2020 18:23

im looking to buy sub 3000p.its good value now and pipeline of work is still there for 2021/2022

[the patient investor] 17/12/2020 18:10

ehmmm, I did notice a good recovery today though, a good 8%

down 20% is not anymore




so, where does that leave us?

what about tomorrow, what about my post form the RNS?

[farnesbarnes] 17/12/2020 17:40

the patient investor17 Dec '20 - 15:35 - 64 of 66
0 0 0
Ask yourself this:

Was the news worth a 20% drop?


If the share price was overvalued based on projected earnings forecasts: yes.

[the patient investor] 17/12/2020 16:12

Ask yourself this:

Was the news worth a 20% drop?

YOU DON'T KNOW THE ANSWER, DO YOU?

Well, read the patient investor17 Dec '20 - 16:00 - 65 of 65 AND FILL YOUR BOOTS.

[the patient investor] 17/12/2020 15:35

Ask yourself this:

Was the news worth a 20% drop?

[the patient investor] 17/12/2020 15:05

the patient investor17 Dec '20 - 14:19 - 61 of 62 Edit
0 0 1
whoever gave me a thumb down

poor sod




ditto

[farnesbarnes] 17/12/2020 14:35

Phil Oakley recently commented on IC Alpha podcast, that he was concerned that organic growth had slowed, and that further growth was likely to be acquisitive.

Didn't mention profit warning. They come in threes...

[the patient investor] 17/12/2020 14:19

whoever gave me a thumb down

poor sod

[cashstrapped] 17/12/2020 14:10

The rest of the update looks positive. It's a delay not a cancellation. Always been expensive. One for the long term this will look cheap by next Summer. Famous last words.....

[suetballs] 17/12/2020 11:59

Interested at this level - but will monitor over the xmas period.
Suet

[jeffian] 17/12/2020 11:21

The trouble is, as I've said before, it has been trading at a pretty heady PER for a manufacturing company (around 50x) which is pricing in a lot of growth, so if part of that growth is deferred or lost, you would be paying for nothing. It was bound to fall.

As others have noted, the price movement between the beginning of December and today is "interesting". One might have though it would attract the attention of the FCA, but I won't hold my breath.