Member Info for grippa

Asiddall already have always a gamble but I m taking the risk

Not the best, but wasn't expecting anything more until the et shot of body armour business, I don't now how long but expecting RNS soon for new or increased orders of the back of the tragic situation in Ukraine. Hopefully onwards and upwards from there!!

Boyo I m not saying there was a problem with dividend but countless other things they have done wrong!!

Thank you ever so much Silverblade that was exactly what I was trying to understand and explained in layman terms. Ok I now see they reason of the drop but I ready before by a good fund manager the management here are supposed to be very good! Hopefully won't take them to long to improve through organic growth of core business revenue. Good luck!!

I was just looking on simply wall street and they were saying they forecast revenues to drop by 8.2% per year fr the next 3 years. I couldn't see this as being true unless someone can tell me it is. On the investor questions did they state whether overall revenue with loss of cover related revenue next year do they still expect to see growth of revenue and profits please??

Current podcast link

https://webcasting.brrmedia.co.uk/broadcast/623c5d6572b4be6c97d255ec/62429d5e674e4b4ebbf273a9

Thank you kindle Easy living

Interactive Investor are rubbish also so stay clear!!

WHAT IS THE DIVIDEND IN PENCE PLEASE GUYS?

Avon Protection had a rollercoaster year from a SP of 4500 about a year ago they announced problems with supply chains and Labour market, so lowered years guidance and the SP dropped to £18. They also said the body armour division had sent body armour to US military and it had failed first stage testing. The SP dropped to £10. They could not fulfil the need of the US army body armour requirements, as they want all kinds of nice things like wearing Victoria's Secret bulletproof string below the armoured body shield (excuse the sarcasm). It can't work because at one end you have to accept having less protection or more comfort. They are now shutting down the body armour side of the business after fulfilling existing contracts over the next 18 months. They rightly so lost investors faith as should of done more due dilligance before buying this part of the business off 3M a few years ago. The body armour section of the business was less than 10% of revenue/profit. The management have made massive errors but now they are mitigating against supply chain issues and labour market is improving all be it slowly. The SP drop was over 75% for these errors BUT the other sections of the business are doing well with growing sales and the tragic sutuation in ukrane will only strengthen customer demand for all military/first responder breathing aparatus and PPE. There currently sitting just above £12 have Total Current Liabilities 47.50 million, Market Cap of 373 million and are forcast to make a prifit of 45 million next year and currently using 18.5 million for share buy back. They won't be doing and aquisitions the next year then I m guessing they will start aquiring other companys again. There the only sector to increas in value the last week and worth a look as I think could do well over the forthcoming weeks/months/years due to
1/ military demand,
2/ improving covid related issues,
3/ high return on equity deployed low debt,
4/ sentiment was damaged hopefully results change this,
5/ Just out a few days ago, by 2024, Germany has now promised to spend 2% of its GDP on defense and has created a special off-budget fund worth €100 billion.
6/ China increasing military spending 7.2%,
7/ The rest of Europe all all talking about roughly doubling there military budget.

Sorry good call Ben!!

Good call Mega!!

Would love to know. Are they effected by the war? I can not see why baffled by SP

It is not the sole reason they plan to get re-tested and fulfil contract obligations if you researched it. Read the RNS's easier than trying to explain

there winding the body armour part of the business down. But if the right amount of orders cam in who knows.

I had thought about this myself!! If the Ukraine troubles were to end tomorrow, all governments around the world need to increase spending on military operations this will of changed there political stance on military operations. Lets hope Putin is taken out one way or another quickly

Bought another 20K today lets see if it was the right choice

Good luck Echo I think I my well be doing the same

same way online and medical companies did well during covid, could this be Avons covid????

I fell sick watching the telly and would happily take a loss here rather than watch the misery Ukraine are suffering but out of our hands. Feel a bit sadistic thinking this way but wonder if the game way online and medical companies did well during covid, could this be Avons covid????