AVGR.L Share Price (AVGR)

But the bid depth looks very thin down to mid 20s - interesting to see if mid 40s will hold, personally I doubt it and expect it to fall back towards the real bid state in the 25 - 30 range.

I sold out of this in Jan/feb…… I can't believe my eyes

This stock continues to be punished, it is now trading at an almost 10% dividend yield, and the payout ratio is only 25%. Obviously the market is very worried about the Ukraine/Russia situation and the company has already suffered because of it. Still, I would expect the company's earnings to be 40% last years based on the 9 month results, which is earnings of $1.85 per GDR, putting them at a P/E of 3.3

Oh dear, things are turning ugly http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12056187 AVGR comments on the public statement of the Minister of Agriculture of the Crimea Nikolay Polyushkin to purchase by compulsory order the poultry farm "Yuzhnaya Holding", a part of "AVANGARDCO IPL". In this regard, Oleg Bakhmatyuk, the beneficial shareholder of "AVANGARDCO IPL" urged the representatives of the Russian authorities in the Crimea to reconsider their intention to "illegally seize private assets and start an open dialogue with the management regarding future business plans of Avangardco' poultry farm on the Crimea peninsula." The management of "AVANGARDCO IPL" supports Mr. Bakhmatyuk statement and welcomes an open discussion regarding the future of the Crimea's largest poultry farm. The Company reserves its right to defend any illegal claim on its assets in national and international courts. "AVANGARDCO IPL" continues to monitor the situation and will update the market with any further developments as appropriate. Note: "AVANGARDCO IPL" owns two poultry farms for shell egg production in the Crimea - "Yuzhnaya Holding" and "Ptytsecomplex", one poultry farm for rearing young laying hens "Yuzhnaya Holding", and one breeder farm, "Ptytsecomplex".

Lombard: Tales of the uneggspected show power of political risk: Avangardco evokes giggles because the Aim-listed Ukrainian group produces eggs, a product with potential for wordplay. But there is nothing funny about plans by the government of Crimea, an illegally annexed part of Russia, compulsorily to buy Avangardco’s operations there. The loss of a mining licence by Rio’s subsidiary Bougainville Copper is harder to emote over. Panguna, once the world’s biggest copper mine, has lain idle for 25 years because guerrillas on Bougainville wanted to split from Papua New Guinea. Rio lost its licence in a delayed reaction to autonomy. The company may now sell an associated exploration permit to a buyer less alarmed by zinging bullets. Optimists, meanwhile, think the possible partition of Iraq could benefit oil explorers cosy with the Kurdish Regional Government, such as Tony Hayward’s Genel. Wrangles between the autonomous KRG and the Iraqi government over oil exports would cease if the latter no longer existed. The small matter of keeping Isis out of Erbil – now with U.S. air support – comes first, though.