Avon Technologies Share Discussion Threads

[pipeline1] 17/8/2021 15:26

I would struggle to name a worse performing share for last 12 months. They might even be at risk of being sued for the misleading Interim Results update when they said "confident in meeting expectations". I bought on the back of those and sold at the Trading Update 2 months later like many others I suspect.

[redips2] 17/8/2021 12:14

The way this is dropping it may well fill the gap at 1360-ish!

[scepticalinvestor] 17/8/2021 12:07

Oh I note twinkle toes is here. This is going to bounce shortly then LOL

[12toes] 17/8/2021 12:00

Isn't it funny how the dopiest tool on this board calls himself Warren Buffett BWAHAHAHA

[12toes] 17/8/2021 12:00

Oh dear Warren Buffett 73 having a tantrum cos his shares gone down after boasting about buying on Friday BWAHAHAHA

[warrenbuffet73] 17/8/2021 11:45

12 Toes, you’re a &@b. Guessing you’ve got two d&cks and 14 fingers aswell lol. I sold and trading this share well, Probably at your Expense 😂

[12toes] 17/8/2021 11:23

Down again that was sooooooo obvious And the loser that calls himself Warren Buffett 73 bought more on Friday Hilarious absolutely hilarious BWAHAHAHA

[p1nkfish] 17/8/2021 10:08

A fair few burnt, no quick turn around.
One to watch and not try to catch.
Turn around will come but giving away the first 10%-15% of that turn is insurance that its real.
Buying a bottom is luck.

[buywell3] 17/8/2021 06:29

And as the TWO Kissed

The bottom dropped out

[medieval blacksmith] 16/8/2021 16:04

Oh dear, call in the fire brigade.

[12toes] 16/8/2021 15:49

These are going sub 2000

[p1nkfish] 16/8/2021 13:19

Looked over 10 years, first time it has breached 200D EMA.
Bounced off 200D SMA, if it goes under that, avoid until back above with better technicals.

[p1nkfish] 16/8/2021 12:49

They can change "current" as the picture clears but I don't see much chance of that being upward, more likely as is or down. Probability of "down" is my concern and that's not zero probability imho.

[p1nkfish] 16/8/2021 12:47

Looking over it as I am interested.
The "unknown" is if they will maintain FY23 guidance.

My experience is wording matters. Maintaing current FY23 guidance is a concern.

"CURRENT guidance", expecting all problems to be out of the way in FY22 may be a bit optimistic as elsewhere, related to semicondutors, some are saying problems into 2023 as they are having to cope with complex broken supply chains, price increases across the board along with increased goods demand and over-ordering by some segments as they panic. Some of the fabless suppliers are being treated poorly as the big boys are prioritised.

Depends on who AVON are dependent upon.

"maintaining current guidance for FY23."

[pipeline1] 16/8/2021 12:34

Feels like this is heading sub £20 before any support. Could go much lower. How the hell was it ever a ~£2bn market cap biz? Makes me wonder if investors got totally confused and thought there was some kind of Covid angle given they make breathing apparatus?

[p1nkfish] 16/8/2021 12:01

A few with burnt fingers won't be coming back anytime soon until there is proof the problems are well behind them and business stabilised.

You do have to ask yourself what controls and communications they have in place as neither looked to have worked at all well.

One thing to be a victim of externals, another not to realise the situation early on and let the market know.

Management!

[12toes] 16/8/2021 11:28

Down again that was sooooooo obvious And the loser that calls himself Warren Buffett 73 bought more on Friday Hilarious absolutely hilarious BWAHAHAHA

[p1nkfish] 16/8/2021 04:31

Looks pretty certain there is no quick recovery here. A long road back to being a darling.

Management need a shake-up to wake-up, news could have been released in a better fashion & earlier imho.

Can imagine it crashing through the 1670 level if they're not lucky.

Earnings will be hit for quite a while.

[buywell3] 16/8/2021 02:34

Skid marks on this chart imo



free stock charts from uk.advfn.com


Wonder if this got read much ?



Supply chain disruptions seem to be very much en vogue

[hawaly] 15/8/2021 15:50

LOL

😎

GLA

[jans3] 15/8/2021 14:49

That's 'lose' not loose