Great presentation by the team at the CMD yesterday. Video on web site. Added a few more today. |
12p divi means it is up 4p |
The simple reason why the share price has dropped is because it’s gone ex div today. |
I'll say what I and possibly some of you guys may be thinking. I wouldn't be suprised if the drop went further in the course of the coming weeks. |
CMD having a negative effect, so far. |
Getiing anywhere near that operating margin target will make this company very cheap .... the share price should respond accordingly over the medium term |
The Board is confident in the Group's ability to deliver strong returns over the medium term, driven by supportive markets, existing contracts, new and enhanced products and transformation. As a result, we have announced today new medium-term financial goals:· Revenue Growth: At least 5% CAGR· Operating Margin: 14-16%· Return on Invested Capital: Above 17%· Cash Conversion: 80-100%· Leverage: 1 -2 times Net Debt/EBITDA No new information on trading will be shared at the event.Webcast |
Exdiv is tomorrow. |
Nope. It's too late to buy for the divi on ex-div day. Lots of people get caught on that. |
Selling the day before the Ex dividend date is unusual I bought more |
Divi on the 8th. |
Avon smashing today |
Good reaction to news, now trading over £10 |
Well spotted! Announced to the market today but it seems it was known on this board last week! |
Another big order announced today |
govdelivery@subscriptions.defense.gov |
Thanks Hydrus, do you have a link to that news please |
New contract 'Avon Protection Ceradyne LLC, Salem, New Hampshire, has been awarded a maximum $39,324,000 modification (P00028) exercising the second one-year option period of a one-year base contract (SPE1C1-22-D-1516) with four one-year option periods for second generation advanced combat helmets. This is a firm-fixed-price, indefinite-delivery/indefinite-quantity contract. The ordering period end date is Feb. 6, 2025. Using military service is Army. Type of appropriation is fiscal 2024 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania.' |
Chick, time will tell. |
Good news out recently that's why directors have been buying over the last six months, but we are not trading higher than a year ago. |
It’s a question of whether the emerging stability is already in the price, but it confirms that they are back on track post body armour. |
Don't think there will be any complaints about today's trading update! |
Nice additional $14m order from the US. |
Good grief |
Sold. I'll be hoping for a suitable re-entry. |