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Whiplash in every direction no doubt:). Dividend held which is nice. Recovery underway, hopefully upgrades over the next weeks
Results look like a mixed bag to me. Lots of fine words about the future but frankly the last year has been another poor one imv. We shall see what the market thinks shortly.
Results tomorrow, be interesting, I can't call it tbh. There's an upside to the SP (IMO), but whether that's now or in the medium term, that's the $64,000 question. Thoughts?
Group CFO Ultra Electronics - Takeover by Cobham approved as of July 2022
Group CFO Castrol - Takeover by Leadec 2021
Group CFO GKN plc - Takeover by Melrose
Director of Legal, Lead M&A at AkzoNobel - specific role was mergers and acquisitions....
Anyone else seeing the pattern here? - Jos Sclater could very well be on board to wine and dine any potential suitor interested in buying out Avon
All IMHO, DYOR not a recommendation, I for one am holding and adding more if and when the opportunity arises.
What they won't tell you in new CEO could well NOT write down value of company for a clean slate to start with.... I did say COULD NOT though its a gamble
This sentence and the sentence from grippa are interchangeable since we actually do not know what he will do.....unless of course you have insider information....which of course is illegal (not to mention naughty)
Truth is we need to wait and see....
Fair enough but feels like the new CFO has done that Alex at with the write down advised in the half year results. Seems like a sensible and conservative approach taken.
https://webcasting.brrmedia.co.uk/broadcast/623b00125929033805715060/628cb7a97432d566a424a43d
What they won't tell you in new CEO could well write down value of company for a clean slate to start with.... I did say COULD though its a gamble
I contacted Investor relations who advised full year results are scheduled for 22 November. They also reminded that ‘…..performance for the year on an excluding armor basis is predicted to be at least in line with market expectations…’
correction CEO...not COO
I wonder if there is any significance in the appointment of COO from Ultra.....is he joining to oversee a potential suitor for Avon making an approach?
All guesswork not based on any facts and certainly not a recommendation of any kind....
I notice there was a 30 Sep year-end trading update issued on 13th Oct last year. Does anyone know if we’re due the same tomorrow? Thanks!
Definitely the share that keeps giving.
Giving in or giving back to investors?
I am profit taking. Dirty word.
This is a stock that keeps giving imop.
Masteroogway. Wish I had bought at 7.50.
The markets are deadly at the moment.
Regards
Looks like this could be a good stock to trade.
Buy
I used the dividend paid 2nd September to buy more at 755, overall i'm still in the red but only just.
Well done anyone that bought @ 8.50.
Surely this must be on some PE radars even moreso now with a lower £?
That USA Army helmet contract signed in February was worth about 50% of the current MCAP.
Possibly - the current economic debacle will hold it back to an extent. It's a well positioned company with a bright outlook. The new ceo, when announced, will confirm a decisive business strategy going forward.
Will the SP go ballistic again? (Pun intended)
Broadly speaking, I think its been a target for sometime and when the SP fell to 7.30 ish I thought that's it. Avons business and their products are well positioned for a 'financially bright' future (IMO) and (in the meantime) the new ceo, when announced, will steady the strategy and future plans
Possibly - but perhaps just looking for a holding for one or more of their funds. If the exchange rate to the dollar keeps falling, it must be tempting for firms there to run the slide ruler over UK firms.
From todays RNS it seems that Alantra EQMC Asset Management SGIIC, S.A. have pretty much doubled their holding in Avon.
Is this a vote of confidence in the company or do they see a takeover coming?
Any thoughts?
Lots of little buys and lots sells
Is this battle of the bots ?
Does this behaviour keep the sp price suppressed ?