AVINGTRANS - MID PRICE 97p
not a household name but looks ready to rise rapidly
the market has been buying steadily for last year
capped at only 14 million
aim stock
health sector
year end 31 may 05
ptp estimated at 1.71m up from 220k last time, rising to
2.55m 2006
forward per at 7.5 look increadably cheap for sector
good relative strength for 1m - 3m - 1 year at 24% - 52% - 103%
14 dec 04 - announcement from directors stated - delighted with
organic growth and performance of recent acquistions bodes well
for outcome of full year
house brokers currently revising forcasts
in light of statement would anticipate upgrade to forcasts
all indicators showing time to get on board


regards HUSTLER

No takers surprising - up from 97p to 110.5 - in one week +14%
trading statement out yesterday says trading in line or above
forcasts, aquisitions performing well
not to late to pile in before it realy takes off

regards HUSTLER

This has come up with a strong recommendation in IC buys this week.
Hence the large number of small buys this morning & a rise in sp by about 5% in early trades

LONDON (AFX) - Shares in Avingtrans, once a textiles minnow and now a specialist supplier of niche engineering components, advanced 5-3/4 pence to 115-3/4 after the Investors Chronicle told readers that the company's rating of eight times 2006's earnings pays scant regard to its prospects.

hi g6
good to see somebody is on board
big opportunity not to be missed
now ic has noticed others will follow
suit very quickly

regards HUSTLER

Have held these for a few months now Hustler, first in at 77p and added again at 97p.

The Observer a couple of weeks back also had them as "worth keeping an eye on"

capa

hi capa
seems we both got in at about the same time
started buying at 81 through to 110
gone overweight on this one,
because i believe it has the potential to go 3.00 or more.
supprised so few postings, expect some more
now ic has focused on it.
best of luck

HUSTLER

Agreed Hustler a lot of mileage in this one.

I reckon they are likely to be doing at least 15p eps at the moment, so trading on a single figure multiple which is ludicrous considering the growth.

Looks like a breakout today :-)

capa

Thanks Hustler, indeed good to be on board & up 5% again today!
3 sounds a lot right now, but my research at the weekend certainly backs your views of one to watch....

hi all - well hi to all 2 of you
cant believe no more takers yet
closed up 8% again today
lots more to come
all the best

HUSTLER

"all for one and one for all"

Breakout confirmed, 1.50 in the blink of an eye I reckon.

capa

with you all the way capa
1.50 and beyond soon

regards HUSTLER

Up 20% on less than a week, but not sure I agree it will fly through the 1.50 and hence another 20% quite so quick. Notching up 2-3% a day like today is fine with me though....more than happy for you guys to be right & me wrong though!

hi g6
with ic coverage this week very bullish
relative strength very strong, sp rising as
you say over 20% in a week, as more people
take notice and other tipsters come alive to
this one, the momentum should build as punters become
more aware of it's future prospects after all it is
dirt cheap on forward pe of 10
i feel confident of more to come, tucked away another
3000 today
all the best

HUSTLER

Has the next leg up started ?

Lets hope so

capa

nice tick up today capa
up 9 to 134p
could be the begining of a
lot more to come
all the best

HUSTLER

Must admit to adding a few more today.

capa

Up 3 % on each of the last 2 days - at least somethings going up in the current poor market!

Up 5% today whilst most others are going down again...

up again g6 5%
seems to have good momentum with it now
a good surge forward would be nice
target range short term 1.50 - 2.00
regards hustler

And the beautiful thing is at 1.50 these are still cheap.

I can feel a trading statement coming along soon.

capa

There's the trading statement, a month later than my prediction

Still holding all mine, these must be trading on a p/e of about 6 or 7 which is ludicrously cheap

capa

very positive news out today capa and
very welcome with all the doom and gloom around
at present - the sp is up 13% at post
lets hope for more
all the best
HUSTLER

Hello, could this be the start of the next climb upwards ?

Can't be too long before these get noticed.

capa

lets hope so capa
regards
HUSTLER

Been waiting to get in on these for a few months.Just did.Moving averages look good and the small punters have started buying.As we have until the Sept results to keep the sp rising,I can see quite a nice upside from here,as long as nothing horrible happens,either to the company or in the outside world!Any clues as to what a new high could be?Agree,ridiculously undervalued.
All the best,
ETHEL

Welcome to a small but growing band of followers Ethel.

Cannot foresee anything horrible happening as far as the company is concerned, the recent trading statement has underpinned my confidence there.

I was looking for eps come results of 15p but that was before the trading statement, being conservative I'll stick with it though. The sort of growth being experienced here should not attract a p/e of under 15 let alone under 10 so I can see a serious re-rating at some time in the future. Short term lets see if it goes and stays above 1.50, long term 2.00 upwards is entirely feasible.

What I like about AVG is they seem to operate in niche areas where they do not encounter much competition, a definite plus point when looking to invest in a company imo.

All the best to holders.

capa

Spot on Capa
Rerating well overdue 1.50 cheap 2.00 also cheap as chips.
However 2.00 will do nicely for starters.
All the best
HUSTLER

Too hot to sleep tonight, just fished out the Observer article in case anyone needs convincing !

"The Treasury takes in nearly 200m in fines thanks to speeding offences recorded by roadside cameras.

Speed cameras are just one of the reasons why sales and profits at AIM-tiddler
Avingtrans are accelerating. Last May the Nottingham engineering firm bought
Crown UK, based at Portishead Bristol for 1.56m. Around the time of the takeover, Crowns founder John Peet, died at the age of 75. He was so popular that staff bought a 9ft high wreath in the shape of a speed camera. It was a fitting tribute. Crown, which makes the posts and housing for speed cameras, has been a very profitable business.

Avingtrans' six month figures published last week show that Crown has a transformational effect. Turnover has lept 300% on the same time last year to 7.9m, with pre-tax profits up 347% to 559,000.

While the market for speeed cameras in the UK is diminishing, overseas markets are set to grow and Avingtrans appears well placed to take advantage of this. It has recently won an accreditation from Network Rail to develop trackside signalling posts.

As if this was not enough, Avingtrans has another significant business component. Last October it bought Stainless Metalcraft for 8.1m. SMC makes components for MRI scanners. The company believes that SMC technology will be increasingly sought after worldwide. It all adds up to Avingtrans being a company worth watching very closely."

I thank you and goodnight

capa

Good info Capa
When the sp does respond the rise
should be very quick, good to be on board
ready for when it happens.
regards
HUSTLER

It wants to go doesn't it, it cannot trade on this low rating forever.

capa

It's difficult for British Bulls.com to get the buy/sell recommendations right on this share.So far they have been wrong six times,this year!So,it is a bit if a rapid mover is AVG,with mms manipulating the sp quite aggressively.You've got to keep your eyes on the screen.
My broker had never heard of them and he's in Birmingham!
LOL....Ethel

No surprise there Ethel, a well kept secret AVG, but only a matter of time before they become known to a wider audience imo.

Happy to be holding awaiting the day.

regards

capa

Up 6p on no volume, strange !?

capa

Ahh that 22,000 buy at 9.30am must have been the cause.

capa

Creeping up again today, and why not, huge growth on miserly multiple.

capa

I am worrying that 140p is a resistance level that might not be easily breached.We are seeing 1998 prices here.The chart looks horribly jagged after years of steady decline followed by steady recovery since 2003.
The sp moves quite a lot on small buying.Should I sell now for no profit and buy lower....or could I hope to see 180p before results in Sept?

Hi ethel
You appear to be worried, agree a bit volitile
on small volumes but come Sept i feel it will
be a lot higher, when results come through. This
is a small one on Aim remember and the market
needs confidence. The results should confirm this
if you believe the consensus as i do.
Best of luck, better to be in than watching.
HUSTLER

Thanks for the support,Hustler.Am still in,but at a small loss.Engineering firms seem to get very little supprt from investors,which is sad as it's what the Brits excel at.
My favorites are Porvair,Corac and Virotec,which is raising money for expansion with a new issue this month.Definitely another one to watch.
Ethel

Hope you are still holding Ethel, good move up today

capa

I am,Capa!!!Here's one that I have managed to hang onto,but it is'nt doing my blood pressure any good.I would like to see the sp go to 155p this time.Do you think that's a sensible short term target?
Then I think the price will drop until results in Sept.I can't see the market roaring along thro the summer break,especially as we are beginning to see a lot of profit warnings and hints,across all sectors,that the next lot of results are going to be on or below expectations.
I have no idea what the market expectations for AVG are.Also,I am wary of promises that results will be above average....as has happened before,when the reults are out they fail to impress...So,I would like to sell up this week and return later!
LOL,Ethel

Cannot see why 1.55 should not be attained in the run up to results Ethel it equates to a p/e of only a little over 10 if eps is 15p. Personally I suspect eps should come in at more than 15p, the last trading statement indicates this.

Good luck

capa

Hi capa.
Agree with all your views at last post
I think this one is going a lot higher, just a bit
surprised it hasn't moved more already.
Notwithstanding it has risen over 45% since the
thread started in Jan.
But as you say multiples say it is still far to cheap.
All the best
HUSTLER

Hi all
Ticked up a bit today
not massive 2%, but i feel at some stage in the near
future this could rise up to 30% in a short burst.
Could be around time of results
very at ease holding this one at present.
best of luck
HUSTLER

All this progress with the sp seems to be the result of small investor activity.The chart does point to a possible breakout,Hustler.
Only problem for me continuing to hold rather than take profits is the fear that some terrorism activity could wipe out the recent resilience we have seen in the market.
Any idea of the date for results?
LOL..ETHEL

Last years results were posted on 13 Sept Ethel.
assume this year will be around same time.
All the best
HUSTLER

Thanks v.much,Hustler.
Sp just peaked at 1.50 and promptly fell off.Now sells well outdoing buys...is it downhill till Sept I wonder?
LOL .Ethel

Well,missed selling at 1.50 because the neighbours popped in.Missed 7p by the time I sold.So,half a decent profit lost for a cup of tea.
Having been very staid for so long,AVG suddenly became frighteningly volatile.A sudden self-off by three small investors sent the sp down incredibly quickly.Knowing the chart,I should have been aware that in the context of the last two years,PRV's chart has become very erratic and zig-zaggy.The projections for this company show a massive increase in earnings so I suppose that we are seeing the birth of a completely different chart for AVG.
Can't wait to see what the results will be.
LOL to all those who braved the "tree shake",if that's what it was.Interesting to see how vulnerable the sp was to the terrible news.There was also profit taking for those who have been in from the beginning.(is it spelt with three or two n's?)
Ethel

Three n's Ethel, well done for banking a profit. May see you back sometime ?

I am in the fortunate position of buying in the 70p's and adding on the way up at an average price of about 1. In for the long haul as I think this is a company that will deliver a great return over time. To be honest I am tempted to buy some more at under 1.50.

Just you and me left Hustler

Best of luck Ethel

capa

I feel the same way Capa
owes me ave 1.07 a share
but i am fully invested right now.
Happy to hold however
best of luck
HUSTLER

Looks like its going to finish above 1.50 this time.

Looking very good on the run up to results

capa

Hi capa
ticking up nicely
good to see finish above 1.50 barrier 1.53 at close.
Could this be the start of the next surge forward,
results in around 6 weeks and we are going in the
right direction, maybe someone knows somthing we
don't and are already making thier move. Lets hope so
after all the sp is still very cheap, even more so if
results are better than forecast.
All the best
HUSTLER

If only Ethel had held on for a few more days, she would have got her target 1.55.

Looking good for at least 10% more in run up to results , and then all bets are off.

capa

Results 7th September, lets see how well they are doing.

capa

Get strapped in Hustler, we're on our way

capa

Hi capa
Lest hope it dosen't run out
of puff this time, a fast sprint
towards 2.00 would be nice and certainly
not out of the question before results.
Buckled up and ready for the ride.
all the best
HUSTLER.

BOO....HOO...woe is me.!!!
This has re-affirmed that I must not be so impatient to sell as soon as I am in profit,ignoring my own target price.
Really could have done with the extra dosh,double the profit I already made.Wish I was with you in this,quite an exciting time on a good,clean,calm thread!!!!May it stay so.
LOL...Ethel

Thanks Ethel
Wish you were still on board,
but i feel it is still not to late to
get back in. The spread is very tight
at 1.22% at present which indicates the mm's
are expecting some volume prior to results.
Come 7th sept if news is good as the
forecasts sugest this one should deserve rerating much
higher.
All the best
HUSTLER

Never buy when a share is at a high.Have to say that momentum and money flow are looking positive even on low volume for the past weeks.Charts look good.
I won't risk it as I have to pay my broker commission,which is quite high.Thanks and see you again.
Ethel

This one continues to do nicely...is it results this week - Finals Wednesday 7th?

Yes, results on Wednesday.

capa

Pleasing results today, not as high eps as I thought but more than made up for by confident statement and dividend announcement.

On a future multiple of less than 10 which still makes AVG great value imo.

Looks like it may end the day up, which is unusual come results day !!

capa

Sounds good...

'Avingtrans (LSE: AVG.L - news) eked out gains today after the engineering technology firm's subsidiary, C&H Precision Finishers Ltd, signed a three year agreement for the supply of goods and work with Rolls Royce '

Anyone views?

AVG looking very good value at the moment must be on a PE of about 7..

Nice write up on www.armshare.com

Good rise today, hope those shares at 125p are locked in;-)

BUY recommendation in Shares today at 168.5p with SL at 134p.

What's everyone's opinions on the company now, given the sharp rise since the end of 2006? Still good value? Am I right in thinking AVG is on a PE of just 9?

tipped in shares mag for 2007, good interims finals should be good, still on a pe of 9 despite the recent rise. not in but wish i was!!!!

From the "UPS" thread ................

"UPS" (Added by Master RSI on Wed 16 May 11:00 am)

AVG - Mid 141.5p
Reason - Moving higher lately after a large drop on lower expectations on some part of the group. Indicators now rising form oversold

140p not oversold, master rsi. 123p today and I think this will go to 100p.


Full-year profit warning from Avingtrans
MoneyAM
Avingtrans warned its results for the year to May 31st will fall short of expectations as some of its units have not achieved the sales it expected.

The engineering and technology group said its unit Stainless Metalcraft Ltd has experienced a reduction in order uptake from one of its key medical customers during the second half, which it expects to continue into the year to May 31st, 2008.

The company, however, expressed confidence of making progress in the year to May 31, 2008, saying its order book remains at record levels.

The group also said it has identified a number of new business opportunities and specifically, the strengthening of the aerospace division continues with its unit Sigma Precision Components Ltd opening its facility in April.

81p now...

Avingtrans PLC
18 December 2007

AVINGTRANS plc

Trading Update

Following the conclusion of the first half ended 30 November 2007 it is now
clear that the Board's earlier optimism for the full year to 31 May 2008 has
faltered. The state of the Group's orderbook earlier in the year underpinned the
Board's confidence that the Group's overall result for the year would be
sufficient to offset the disappointing performance within the aerospace division
which we have previously reported. The current state of the orderbook no longer
provides such underpinning. As a result the Directors expect that, whilst
profitable at the pre-tax level on a Group-wide basis, the Group's overall
performance for the full year to 31 May 2008 will fall significantly short of
our expectations.

With the help of an encouraging performance in the industrial division during
the first half of the financial year the Directors also expect to report a
pre-tax profit at the interim stage, albeit at a level which also falls short of
our previous expectation. On a more encouraging note, the Directors are
optimistic of an improved half on half performance during the remainder of the
current financial year on the back of a number of interesting opportunities
which are currently under consideration. The Directors expect to announce the
first half results in February 2008.

The problems within the aerospace division have already been highlighted to the
market. These relate to contractual terms on certain important supply contracts
at B&D yielding negative margins during the first half of the year on a material
part of the division's business. In recent weeks prices have been renegotiated
with the customer concerned. Whilst material improvements on future deliveries
have been achieved, no retrospective support has been agreed to. As a result the
aerospace division was loss making in the first half of the year. This contract
will end during the current financial year.

Board changes

After 5 years with the Group Steven Lawrence, Managing Director has decided to
leave the company by the end of May 2008. The Board is actively seeking a
replacement and has identified a potential candidate. Once negotiations are
completed a further announcement will be made.

Positive trading statement today put some life into these. They seem to have lagged some of their peers in terms of share price recovery on the back of improved trading conditions and could have more to go, but always dyor. I hold.

Avingtrans - Analyst interview, finncap

click here

Avingtrans wins £5m aerospace contract

Avingtrans (AIM:AVG), which designs, manufactures and supplies critical components, modules and associated services to the aerospace, energy and medical sectors, has announced that Sigma Components, part of its aerospace division, has signed a contract worth £5m of revenue over five years to supply fabricated assemblies to Sonaca for the Airbus, Bombardier and Embraer programmes.

The five-year contract with Sonaca in Belgium was signed during the Paris Air Show and will be managed from the company's Farnborough site. The contract will see Sigma becoming the sole supplier to Sonaca for critical assemblies in the anti-icing systems of several programmes.

Mark Johnson, managing director of Sigma Components, said: "This contract is great news for the Farnborough business that we acquired in 2012 and reflects well on the team that have earned the trust of Sonaca to award us this contract.

"Sigma has been very active at the Paris Air Show this week, opening up new opportunities and building on the Sigma brand and the new technologies we have been developing."

StockMarketWire.com
Avingtrans said Tuesday it had acquired Tecmag for a total of $0.24m net of debt boosting the companys ability to produce magnetic resonance imaging and nuclear magnetic resonance systems.

Tecmag, based in Houston, Texas, designed, manufactured, tested and installed instrumentation, including full consoles, system upgrades, and solid-state probes, mainly for magnetic resonance imaging and nuclear magnetic resonance systems, Avingtrans said.

The acquisition would integrate Tecmag's expertise in consoles and spectrometers with that of Scientific Magnetics, acquired by the Avingtans in February last year, in the area of superconducting magnets and cryogenics.

The combination of these two businesses would allow Avingtrans and its partners to produce complete magnetic resonance imaging and nuclear magnetic resonance systems.

StockMarketWire.com
Component supplier Avingtrans booked a deeper annual loss as rising revenue was more than offset by costs associated with its acquisition of electric motor and pump producer Hayward Tyler.

Pre-tax losses for the year through May amounted to £4.5m, compared to a loss of £285k on-year.

Revenue more than tripled £78.9m. On an organic basis, which stripped out the acquisition, revenue rose 11%.

Operating loss increased to £3.8m, mainly due to the significant Hayward Tyler exceptional costs for the acquisition, 'right-sizing and restructuring' and the 'amortisation of intangibles from business combinations'.

'With an eye on eventual exits, we have restructured the Group into two separate energy divisions and an incubator medical division,' chairman Roger McDowell said.

'A highlight of FY2018 was the speedy and successful integration of the substantial Hayward Tyler Group acquisition.'

'The new energy divisional structures and management teams have become effective quickly and their focus is clearly on growth, to build two formidable and valuable divisions.'

'The nascent medical division made slower progress, though we have galvanised our strategic path by partnering on service with MR Resources.'