Avon Technologies Share Discussion Threads

[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.

[the patient investor] 17/12/2020 11:09

Ask this:

Was the news worth a 20% drop?

No

In at 31.0 with 10k

[netcurtains] 17/12/2020 09:21

i bought a few. Could bounce up a bit. Who knows.
Tipped by fool only a few days ago too.

[clanger66] 17/12/2020 09:10

At 3,000 and below it was a massive over reaction (in my view). With Jefferies suggesting a 20% drop in earnings as suggested earlier in this thread then consensus eps goes to 112.6At current price it moves to a 29x multiple, which while high you have to consider if this is just a temporary setback or something more sinister.

[oa92] 17/12/2020 08:58

Bit of an overreaction. Nothing lost nothing gained, yet.

[clanger66] 17/12/2020 08:49

I agree with you Slogs that clearly someone was aware of the impending announcement and no doubt the regulator will do nothing. I've been a long term holder and so watch the price movement quite carefully and could not understand why it was being so badly punished after the recent results. Clearly I can see why now.

[slogsweep] 17/12/2020 08:27

News was leaking obviously, chart told us something was up too much else going on to take notice happens in turbulent times, that's why the BOTs have such an advantage they can monitor everything in real time. I could do with 10 clones of me to do all the work.

[mattboxy] 17/12/2020 08:13

Now is your chance

[investographer] 17/12/2020 08:12

Apologies, from Daniel Coatedworth who also addsJefferies suggests potential 20% cut to the consensus forecast for Avon Rubber's FY21 pre-tax profit and EBITAAnother company that sees a steady drop in share price prior to poor news being released (same as LOOP.

[manics] 17/12/2020 08:09

Don't just rip his content, at least credit the man imo.

[investographer] 17/12/2020 07:59

Not a good day to be owning Avon Rubber shares - a highly rated stock delivering earnings disappointment normally spells a big drop in the share price.Contract delays will certainly trigger earnings downgrades

[gswredland] 16/12/2020 13:12

Yep looking to add as well