Avon Technologies Share Discussion Threads

[ch1ck] 23/11/2023 10:08

Having said all of that why would 3 directors buy significant numbers of shares? I will wait and see a little longer beforePulling the pin

[ch1ck] 23/11/2023 10:05

Very interesting that the price was marked as low as 719p yesterday but slowly climbed to be positive bay day end.I could not see any real,positives in the results, debt has doubled and they are unable to make a profit at a time when there products are in demand.The stupid mission statement sums up the management approach to turning the business around, lots of spin and no substance. The city is done with the underperformance and at the moment there is nothing to recommend the company

[casholaa] 22/11/2023 15:46

You can buy the helmets on ebay, not sure about the t-shirts though. Best near term bet would be for the UN to buy 3-4m helmets for the Gazans for health & safety reasons.

[spooky] 21/11/2023 12:11

Err haven't they got new management? No position.

[jeffian] 21/11/2023 11:29

It's the gall of management here I find difficult to take. Having achieved the most massive destruction of value by their flawed takeover of the failed armour business, they actually present its winding up as a major plus point! Their lead 'bullet point' is "Excellent Strategic Progress" and the "Launch of new mission, vision and values". Pah! What baloney.

[smcni1968] 21/11/2023 08:19

I smell burning rubber

[volsung] 21/11/2023 08:15

Market seems to like it

[babbler] 21/11/2023 08:11

Cfo bought shares at this level recently. Might buy more who knows...

[bostonborn] 21/11/2023 08:09

Scanning the RNS only. Is kitchen sinking now complete? Lots of transformation taking place, but no real positives its working yet. Perhaps should have cut the dividend completely? New order announcements are desperately needed. Keep the faith in the new management or not???

[babbler] 21/11/2023 07:50

You are correct. They look like good recovery ahead here. The past was known. No shocks there.

[scepticalinvestor] 21/11/2023 07:50

No very encouraging to say the least

[trendz1] 21/11/2023 07:38

Maybe I’m reading it wrongly but the adjuster EPS looks a lot better than forecast? Order book looking better. Recovery underway with the results backward looking?

[terminator101] 21/11/2023 07:12

Maybe I'm just reading it wrong but even the "adjusted" profit is down and they made a stonking loss. But that's "excellent strategic progress" huh. Massively overvalued imo.

[mr euro] 30/10/2023 13:21

Was lucky to more or less catch the bottom (for once). Not a big holding but added and will add more.

Lot's of positives.

[tomzimerman] 30/10/2023 11:19

Quite a nice rise from the lows, nice to see directors buying also. Staying long here

[topman1966] 30/10/2023 09:30

I see that the naked trader is back in here . He was a big investor in here years ago . Hopefully a good omen

[casholaa] 20/10/2023 14:50

I'd like to see the UN place a 3m+ order for helmets for the Palestinians given all that unsafe concrete rubble from all those buildings.

[value viper] 20/10/2023 14:42

Amazing snap bounce back fuelled by multiple director buys Can make quick money in this game with some luck (not that anyone saw the Israel disaster coming)

[ch1ck] 19/10/2023 07:11

It's been strong for a few days now unbelievable

[packman8] 17/10/2023 15:01

Yes, CEO and chairman both putting their hands in their pockets.

[value viper] 17/10/2023 14:08

Fairplay Jos - not pocket change

[kalai1] 13/10/2023 10:42

Avon Protection plc issued a trading update for the FY ended 30th September this morning. Full year trading was in line with the Board's expectations, as expected, trading in the second half of 2023 was stronger than in the first half, with order book growth and higher underlying earnings. H2 adjusted operating profit margin is broadly flat versus H1, the Group’s balance sheet is strengthening net debt-EBITDA on a covenant basis at the end of FY 2023 is expected to have reduced to around 2.0 times, compared to 2.6 times at the end of H1 2023. Valuation is decent if unexciting with forward PE ratio at 16.5x. However, share price remains in a longer run correction and lacks momentum. Monitor for now....

...from WealthOracle