The price of Avons shares have been in decline for some months and I think this week could be the time to buy. A buyer or buyer's has entered the market three times now around the 8 pound mark pushing the price higher.A number of defence companies announce results this week and I believe this will lift the sector |
What is disappointing for me is the lack of formal response to their share holders after the report hit the headlines.At best it's lazy and at worse it means they had no credible comeback to the allegations of poor management and are doing little to booster invested sentiment.Likely to hit 800p as some one is pushing the price lower. This might be a price which interests a predator |
 Jeffian Just started to turn blue when this response from Avon arrived;Apologies for the delay in response to both your below email and to your question submitted via our website. We acknowledge and appreciate the concerns raised by Ancora in their letter, as well as any concerns by yourself and other all shareholders.However, I would like to reassure yourself that the organisation is fully engaged with the new STAR strategy announced at the half year results, and this combined with the new leadership team and organisation structure recently put in place, stands us in good stead to deliver on the improvements and potential that we see for Avon. Whilst we are more than happy to look into any suggestions you have regarding companies you feel would be a good fit for Avon, given the vast number of initiatives and priorities we are focussing on at the moment you will appreciate that any M&A is low on said priority list. Hopefully that answers some of your questions, and please do let me know if I can be of any further assistance. |
I wouldn't hold your breath! |
Jefian I sent the board a letter asking for an explanation of the share price collapse and still nothing |
Oh dear the multi-alias moron is down again,how does he do it?//////// 12bn28 Jun '23 - 07:11 - 987 of 987 Edit
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alhambra1,botuney9 and Excalibur91 are all the same person |
alhambra1,botuney9 and Excalibur91 are all the same person who posts here and on CEG. He is a moron who has just sold out of Kefi with a big loss and his use of multi-aliases is low life tactics. |
Schroders upped its stake to over 5% |
RNS is very interesting.....
Game changer - with massive buys happening
(-_-)/~~~('ー')/~~ |
I wouldn't bank on it. This management seem immune to the concept of accountability. |
I would expect Avon to issue a response to the open letter this week |
hxxps://www.prnewswire.com/news-releases/ancora-sends-letter-to-board-of-directors-of-avon-protection-plc-to-urge-an-immediate-review-of-strategic-alternatives-301854601.html |
Ancora Letter to the BOD.Hats off to Ancora for the letter to the BOD's today. It is damming report on the incompetence and complacency at the company which has lacked any strategic thinking to propel their products into the lime light in a positive way.I remember sitting with the board prior to the annual report online web cast two years ago while the chair was more focused on the share price of British Tobaco than their own dismal performance.The failure of the armour plates could have been flipped |
Just taking a look. Always the same disappointment with or without war. I cannot invest in such mon-stop money drain. |
paying a dividend by increasing debt!!? |
Poor results! |
How is this loss making fluff worth a market cap of over £300 million ? |
Half year results due next Tuesday |
Sold a few today |
Something is up, the price is now above 1010p to buy. |
Could it be bots buying below the rate for stamp duty for Mm's ? |
You see them all the time for most shares - buying and selling.
No idea what's going on! |
There is a steady stream of low value buys can't work out who or what is doing this. Surely trading costs make this an expensive way to build a stake.Ant thoughts? |
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