Avon Technologies Share Discussion Threads

[conwyrebel] 17/12/2021 14:10

I find it odd people aren’t filling their boots with this stock tbh

[conwyrebel] 17/12/2021 14:08

I will keep saying it’s a slam dunk takeover tgt. Especially with the failing armour div out of the way. Won’t last next 6 months without takeover imho

[truthandnumbers] 17/12/2021 14:07

Uncertainty removed on the body armour business and decisive action taken. A very small cash hit (though a large paper-writedown) and some projected loss of revenue but orders are still up overall. Looks good to me. Also divi increased. Still small, but less small :)

[truthandnumbers] 17/12/2021 14:04

Price/earnings of only 11 and one of only two companies GLOBALLY in its field making their kind of specialised equipment for military and civil agencies.

Good piece in motleyfool today.

[justiceforthemany] 17/12/2021 13:56

So why is the shameless CEO not adding to his pitiful holding?

[glavey] 17/12/2021 09:58

Oh look it's Friday. Who's have guessed.

[ch1ck] 16/12/2021 08:20

Justice I did I contacted the Company yesterday and am waiting a reply

[p1nkfish] 15/12/2021 23:04

Getting interesting. Nibbled a few. Will look to add on any further weakness and wait.

[buywell3] 15/12/2021 20:54

Any fish caught ?




buywell3 16 Nov '21 - 21:27 - 555 of 619 Edit

Is the chart hook now set ?

[justiceforthemany] 15/12/2021 20:41

Why don't you ask them?

[e-mail]

[ch1ck] 15/12/2021 20:03

Both the CEO and CFO signed off the acquisition of 3M in 2019In less than two years apparently it's not viable.We deserve the truth on this acquisition.Was due diligence through enough?What risks were hi lighted? I What independent testing was completed on the ballistic armour?I suspect they sleep walked into this disaster

[justiceforthemany] 15/12/2021 16:04

Pathetic £20K buy by CFO
Should be fired for this alone along with the CEO

[fuji99] 15/12/2021 15:40

Good to see directors start buying.

[conwyrebel] 15/12/2021 14:36

I will get bought out by USA defence business - massive takeover target signal on its back!

[fuji99] 15/12/2021 14:14

I bought more today because I believe the business is specially unique and has already a proven customer base all over the world. These glitches happen for all manufacturers and this is part of the learning curve for improvement following corrective actions. The order book and the cash flow talk for themselves. So I will remain fully invested for at least 2/3 years.

[alxo82] 15/12/2021 11:57

still expensive if you do not make any adjustment, getting really interesting. Alantra Partners are a very opportunistic, yet long-term investor

[pugugly] 15/12/2021 11:55

Total mangement incompetence - Fire the lot and bring in some street wise boys -
Maybe some of those running Country lines have more commercial sense!! than this bunch who apparently did not do realistic DD on the product -

Should have been easy enough - If they were that confident one of them should have put it on and allowed the post boy to shoot at him!!

[jeffian] 15/12/2021 11:47

#604,
Since Avon reinvented themselves from the old tyre-making days and reinstated a dividend after the 2008 crash, I have always complained that they were rather mean with their dividend payouts in the light of eps and cash generation, but I was imagining that they would improve the ratio by increasing the dividend, not cutting the profits!

[r2oo] 15/12/2021 11:04

Forward PE:2022 17x2023 12xFree cashflow:2022 23.5m2023 26.7mROE:2022 18.8%2023 21.5%According to Marketscreener Estimates.

[r2oo] 15/12/2021 10:58

Last time the share price was this low was September 2016

[wallywoo] 15/12/2021 10:56

Net debt was $44m at H1 and $55m now. So they have lost $11m cash in the last period. They can't afford the dividend, it is just a attempt to stop the shares falling further. This is no bargain, in the months ahead that will be proven. Looks expensive to me . Won't be touching it.