Avon Technologies Share Discussion Threads

[jdh1602] 12/11/2021 08:04

It's too late to sell now. Hold for the recovery!

[pdwop] 12/11/2021 08:00

Write-down or write-off?

[scepticalinvestor] 12/11/2021 07:54

very likely a similar response to what happened to Johnson Matthey yesterday

[mauricemonkey] 12/11/2021 07:49

Sell or buy more is the question

[p1nkfish] 12/11/2021 07:46

Big sell-off likely. A great shame, no dodging this bullet if stuck holding currently.

[pdwop] 12/11/2021 07:39

World leaders in ballistic protection... Really!Very disappointing!

[21ant] 12/11/2021 07:09

Oh dear this doesn’t look good. Another failure and delay rns

[scepticalinvestor] 12/11/2021 07:09

Oh dear - not good. Commiserations to holders

[bingaxu] 02/11/2021 12:35

But you are not going to sell it, aren't you. It's 16.5% up again today. Sold all mine last week here for LST.

[malcolm caton] 02/11/2021 04:48

I hold LST but posts like 385 make me think its time to sell!

[bingaxu] 01/11/2021 23:07

Light Science Technologies / LST 's share price has climbed over 70% over the last week after tipped by the Financial Times. It will continue to go up. Perhaps it's time to buy some of it instead here.

[redips2] 28/10/2021 10:00

A fusted blush.

[conwyrebel] 25/10/2021 13:29

Buyout written all over it. If you don’t the need cash hang in there

[buywell3] 23/10/2021 22:27

buywell can't see a chart bottom as yet which is somewhat of a concern imo

[robinnicolson] 15/10/2021 12:37

As a follow up to the previous post, AVON is discussed by Phil Oakley & John Hughman in episode 5 of 'The Quality Shares Podcast' (36 minutes in)

[robinnicolson] 14/10/2021 13:05

Phil Oakley piece on AVON is available free to read on the new Invest-ability website:

[deadly] 13/10/2021 13:54

They are priced at so much less than in December, but is the growth less than half it was?

[dope007] 13/10/2021 10:06

They are priced for strong growth and I don't think they are growing as well as the price suggests

[walkernbudgie] 13/10/2021 09:54

Its the direction of the share price that matters to most...

[bookbroker] 13/10/2021 09:49

It’s the quality of the sales that matter, strong barriers to entry in their markets, the statement suggested no deterioration on previous forecasts apart from slight movement on margin to the downside since last statement. Otherwise all ok!

[dope007] 13/10/2021 09:23

Trading at 2.5x sales and still looks expensive to me. It's on my watch list but not interested in buying yet

[r2oo] 13/10/2021 09:07

I thought that was a pretty positive trading update!I'm happy to hold this for the next 20 Years.

[walkernbudgie] 13/10/2021 08:40

Well I think its safe to say the market was unimpressed

[walkernbudgie] 13/10/2021 06:36

Some info from this morning, make of it what you will:

Avon expects to report revenue of $250m for FY21, after providing guidance of a $245m-$260m range in its Aug. 13 trading update.

Will recognize one-time, non-cash, ballistic protection inventory adjustments, which are expected to reduce the reported adjusted Ebitda margin for FY21 to between 15% and 16%

Has carried “a strong closing order book” of $141m into the new financial year, up 39% on Sept. 30 2020

Continued to see “good commercial momentum” in 2H of FY21, with order intake for the year of about $280m

Cash conversion has come through more strongly than anticipated at the time of the August trading update and expects FY21 reported cash conversion of ~80%