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

"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