Avon Technologies Share Discussion Threads

[value viper] 23/8/2023 17:10

Needs putting out of its misery

[casholaa] 22/8/2023 15:25

Where did the resident Avon lady go???

[casholaa] 22/8/2023 13:32

Starting to look viable.

[casholaa] 10/8/2023 17:07

I can't see the point of a US buyer unless their mates will be happy to buy merch for more. Of course, a buyer may wish to mesh with this business for other reasons.

[value viper] 10/8/2023 12:09

Aberforth taking 5% is a good start imv and around 900p they must have paid.They must have done their DD.Doesn't look cheap on earnings projections of course but my hunch is a US buyer is possible.Both CEO and FD are ex Ultra - these guys know about M & A.

[casholaa] 09/8/2023 08:36

The share price is quite high, even now. 50 quid of shares could rapidly become 25 quid & 50 quid per point spread bet could rapidly become -1250. The US order issue didn't help and look at the operating margin... It's woeful for a defence type company given that States pick up the bill.

[ch1ck] 09/8/2023 08:19

This is at its lowest point since October 22 with no positive action to drive the share price up. This so-called STAR STRATEGY. Is in my opinion just clever marketing with no substance and lacks time driven goals. It's just wishful thinking. 'Oh let's wish everything improves?' has not been bought by the city and why should they.ACTIONS SPEAK LOUDER THAN WORDS.

[casholaa] 02/8/2023 10:15

Lowest price target is 753.

[21ant] 02/8/2023 09:51

I do think there have been some signs of positivity in the last few RNS's along with orders coming in and buyers seemingly around at this price.
Defence should be in demand for some time to come you would think. This could be one positive RNS away from a decent jump

[ch1ck] 02/8/2023 07:14

Great results from BAE, which alongside Rolls great update should create a rising tide in the sector.

[ch1ck] 30/7/2023 18:49

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

[ch1ck] 17/7/2023 07:32

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

[ch1ck] 17/7/2023 07:27

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.

[jeffian] 04/7/2023 14:34

I wouldn't hold your breath!

[ch1ck] 04/7/2023 13:53

Jefian I sent the board a letter asking for an explanation of the share price collapse and still nothing

[12bn] 29/6/2023 13:05

Oh dear the multi-alias moron is down again,how does he do it?//////// 12bn28 Jun '23 - 07:11 - 987 of 987 Edit
0 2 0
alhambra1,botuney9 and Excalibur91 are all the same person

[12bn] 28/6/2023 06:11

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.

[gargoyle2] 27/6/2023 21:19

Schroders upped its stake to over 5%

[excalibur91] 27/6/2023 16:13

RNS is very interesting.....

Game changer - with massive buys happening


(-_-)/~~~('ー')/~~

[jeffian] 26/6/2023 09:21

I wouldn't bank on it. This management seem immune to the concept of accountability.

[ch1ck] 26/6/2023 07:31

I would expect Avon to issue a response to the open letter this week

[lomcovaks] 20/6/2023 14:41

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

[ch1ck] 20/6/2023 12:33

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