I NEED A CHART VIEW ON AVON RUBBER SINCE SHARES TIPPED THE STOCK IT HAS GONE SIDEWAYS VIEWS APPERICATED CHEERS

No, but am seriously considering it.
This has gone nowhere for quite a while, though divi is good, but with this new contract potential profits are looking encouraging. A number of things could go wrong & I am sure there are penalty clauses if deliveries are not made on time, but it looks to be a solid medium term investment.
It's on my watch list & once the Fed interest rate announcement is out of the way, I will try & free up some cash.

Avon Rubber PLC
23 January 2008

Embargoed for 10.30 a.m. 23 January 2008

Avon Rubber p.l.c.
('the Group')

AGM Statement

At the Annual General Meeting to be held today the Chairman, The Rt. Hon. Sir
Richard Needham, will make the following statement to shareholders:

'At the time of our preliminary statement at the end of November 2007, we said
that the Group had reached a number of significant milestones. We had announced
that the full rate production decision had been made on our new military
respirator and that we had received NFPA certification for our new
self-contained breathing apparatus product, manufactured at ISI in Georgia.

The growth in our Protection and Defence business has been slower than we
anticipated. However, we are now agreeing the detail of the multi-year contract
for the new military respirator, which will commence with an annual rate of
100,000 units, and expect this order to be confirmed in the very near future. We
anticipate that this will quickly be followed by a requirements order to cover
additional demand for the US military.

We have also received a funded development contract from the US Department of
Homeland Security for the new EH15 emergency hood which we believe has
significant long-term potential.

At Avon-ISI, whilst enquiries have remained at a high level, the conversion of
these to firm orders is taking longer than we anticipated. We are confident that
this is a timing issue and would expect to see growth at this business in the
second quarter continuing into the second half of the year.

Sales of our dairy products in North America continue at a consistently high
level. We expect this to remain the case and we have also seen a continuation of
the growth in sales in our European operations.

Avon Engineered Fabrications is in the process of confirming some long-term
contracts for supply of fluid storage tanks and we believe this will give a
strong base for growth in this business over the next few years.

Overall the Group performance in our first quarter of the financial year has
been below expectations. Net debt increased by 2.3million to 12.7million at 31
December 2007, with increased inventory relating to the delayed deliveries to
the DoD and a seasonal reduction in payables.

We also said in November that we were committed to the sale of our UK Mixing
facility at the earliest opportunity or, if a solution could not be reached, we
would close it. In the absence of any sale of this operation being concluded, we
are now starting the process of closure.

Whilst the growth in our respiratory protection business has been delayed in the
first quarter, the levels of enquiries and expected orders give us confidence
that in the next few months we will see the expected enhanced performance for
the Group. The Board remains confident that the work already carried out,
together with continued investment in new product development, will lead to a
period of sustainable and profitable growth for the Group.'

-Ends

Yet more delay with orders, without which, the market must start worrying about dividend maintenance. No doubt the Company has good products but, probably remains too reliant short term on the US government order position. However, at these levels, they could well attract a preditor with more financial muscle.

seems delay after delay would be surprised if the divi is kept at these levels still on my watch list

08 February 2008

Strictly embargoed until 07:00 8 February 2008

AVON RUBBER p.l.c.
( 'the Group' or 'the Company')

Sale of Aerosol Gasket business ('the business')

The Board of Avon Rubber p.l.c. today announces that it has exchanged contracts
for the sale of its Aerosol Gasket business to Crosslinks Limited, based in
South Wales and Corsham, Wiltshire, for a consideration of 1.75 million
payable in cash on completion of the sale.

The business, currently located in Avon's Wiltshire facility, manufactures and
supplies cupseals and stem gaskets for a global customer base. It currently
employs approximately 68 staff and incurred an operating loss of 0.1 million
(before an allocation of 1.1 million of shared service costs from our UK
manufacturing facility) on a turnover of 4.7 million, in the financial year to
30 September 2007. The gross assets of the disposed business were 3.2 million
and the net assets 2.1 million as at that date.

Completion is expected to be in early March 2008 and the proceeds will be
utilised to reduce current borrowings.

Commenting on the sale, Terry Stead, Chief Executive of Avon Rubber p.l.c. said:
'The sale is a further step in the rationalisation of the Group. It allows the
Company and its management to add focus and time on the Protection and Defence
and Dairy businesses which are the cornerstones of the Group's future.'

Guscavalier comment: sp currently around 104p having fallen significantly recently and should reflect some doubt that the dividend will be maintained. Looks like the above sale was made at a discount to net assets & company was probably not in a good bargaining position a current time, particularly with the company sold being loss making & Avon probably happy to reduce its gearing. Still watching for now.

LONDON (Thomson Financial) - Avon Rubber PLC said chairman Richard Needham bought 15,000 shares at 100 pence each, and now holds 41,246, or a 0.14 pct stake

Good spot WOODIE. Other Director holdings:

S. Stone 59,655 T.Stead 57,608 L.Richards 39,534 B.Duckworth 31,000
Stella Pierce 21,000

Be interesting to see if any of these Directors buy as well. Still just the sort of guide we are looking for. sp100p

21 April 2008
AVON RUBBER p.l.c.

('Avon', the 'Group' or the 'Company')

TRADING UPDATE AND BOARD CHANGES

The Company is issuing the following update in respect of the half year ended on
31 March 2008.

In our AGM statement we noted that growth in our Protection and Defence business
had been slower than we anticipated and that the Company was expecting
confirmation of the multi-year contract for the new M50 US military respirator
in the very near future. The regulatory and administrative processes undertaken
by the US Government for contracts of this value and duration have taken much
longer than previously projected. We are however now in final contract
negotiations with the Department of Defense for this 5 year contract worth in
excess of US$100million. A follow-on requirements option to cover significant
additional demand over a period of up to 10 years will be executed at the same
time. In the interim, government funding has already been committed for long
lead items to allow us to commence production immediately under this programme.

The effect has been to delay sales on the main production contract into the
second half of the year. This will mean that the Group will incur a loss for the
half year. Once the multi-year contract is received however, it will provide the
basis for increased turnover and a return to profitability in the second half of
the year making a profit for the year as a whole. The 2009 financial year should
reflect the full benefit of this new business.

At the same time, Terry Stead has decided to stand down as Chief Executive with
immediate effect and will be succeeded by Peter Slabbert, Finance Director.

The Chairman, Sir Richard Needham, commented:

'Although the market and shareholders will be disappointed with our first half
Protection results, the Board is confident that the Company is very close to
receiving the multi-year order for the Joint Service General Purpose Mask from
the US Government. It is not unusual for there to be teething problems with new
and advanced programmes of this nature and we have experienced further
unexpected delays. The order should deliver a long-term growing and profitable
revenue stream for our Protection operation to complement the already successful
Dairy business. To win the world's largest contract for the world's most
advanced respirator represents an enormous achievement for the Company.'

'We have now reached the point of restructuring where Avon Rubber is a high
value-added, defence and dairy focused company. Terry Stead has therefore stood
down as CEO. His successor is Peter Slabbert our Finance Director. I am certain
that his experience and expertise make him the ideal candidate to take the
Company forward.'

Terry Stead said:

'Having completed the major reorganisation from a mainly automotive business,
and with the imminence of the multi-year order for the Joint Services General
Purpose Mask, I feel now is the right time for the Group to move forward under
new leadership. I wish Peter and his team every success in delivering the
benefits from these substantial opportunities.'

Commenting, Peter Slabbert said:

'I would like to pay tribute to Terry Stead's contribution to the company over
10 years as Finance Director and then CEO. During that time he has overseen the
repositioning of the company from a predominantly automotive business to one
focused on international defence and dairy markets.'

< END >

Mr Stead imho has tried to put a positive outlook on things,however, did he decide to go or was he pushed. Avon needs to get this US defense contract and these delays have given the market the jitters. However, if the contract comes through, the Company's return to profit over coming years ill propel the sp alot higher from the current 86p level. Moreover, if the outlook does now look more positive, a bid may emerge with a view to splitting the business up. With the shares totally unloved, this may be the appropriate time to take a modest interest.

Avon tumbles to loss - MoneyAM


Avon Rubber today reported a full-year loss of 19.5m, compared to a profit of 1.1m last time.

Group revenue grew to 54.6m in the year to September 30th 2008, up from 48.7m in 2007.

The company will pay no dividend.

Peter Slabbert, CEO, commented: 'Our Dairy business remains successful, while the 10 year US Government M50 respirator programme, awarded in 2008, will provide strong and consistent future sales volumes contributing to a return to profitability in our Protection & Defence business.

In the current difficult credit markets the agreement of facilities with our bankers to 30th June 2010 gives the Group a stable platform from which to capitalise on the opportunities available to it in its chosen markets.'

Now on the road to recovery with contracts from the ministries of defence in the US and UK. Results due in a couple of weeks.

Results out on 21st may, buy recommendation in Shares mag up 11% today.

sp up a further 7% today results due tomorrow.

not in these now looking good for you halifax

Avon is a trading share as it has little in terms of net assets ignoring pension fund, but has huge trading potential longer term. Although Avon's results are never likely to be predictable, the shares remain attractive. Buy

from ic

Buy/Hold recommendation from Growth Company Investor

http://www.growthcompany.co.uk/recommendations/1048937/avon-rubber.thtml

Broker support firmly behind this one and with a cheap rating of just over 10 to 2012 im not suprised, far to cheap.........

Avon Rubber PLC

FORECASTS 2011 2012
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Edison Investment Research
08-08-11 None 11.77 31.00 2.50 13.24 33.10 2.80
Altium Securities
08-08-11 BUY 10.00 24.60 3.00 11.60 28.50 3.60
Arden Partners
05-08-11 BUY 9.70 24.00 3.00 11.20 26.90 4.50
Westhouse Securities
15-06-11 BUY 8.70 20.20 3.50 10.90 25.20 5.00
W H Ireland Ltd
02-02-11 BUY 9.20 19.80 3.00 10.80 23.60 3.60

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 10.00 24.64 2.99 11.68 28.12 3.93
1 Month Change 0.03 0.10 -0.01 0.02 0.08 -0.03
3 Month Change -0.10 -0.25 0.05 -0.04 -0.10 0.12


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS 36.20% 70.67% 14.11%
DPS % % 31.32%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA 13.59m 15.33m 17.03m
EBIT 9.27m m m
Dividend Yield % 1.05% 1.38%
Dividend Cover x 8.24x 7.16x
PER 19.74x 11.57x 10.14x
PEG 0.54f 0.16f 0.72f
Net Asset Value PS -0.06p p p


Hemscott premium

Results thursday,

Avon Rubber focuses on three major businesses: it provides rubber products for defence companies, liners and tubing for dairies to milk the cows, and gas masks for the military and emergency services. The group announced yesterday it had landed a lucrative three-year contract with the US Department of Defense. The deal will see Avon provide filters for use with its M50 gas mask, with the maximum contract value at $38m, and an initial order value of $11m, which will be completed this year.

The analysts were happy with the news, with Edison saying it supports its positive view on Avon's business "in these uncertain times". Besides, investors should note that the stock trades on just 8.5 times estimated earnings for next year, according to Altium, offering ample scope for upside gains, the Independent says.

Avon Rubber is a fascinating small cap with a long and chequered history. With roots in the tyre industry, it repositioned into various speciality products over the last two decades, and three quarters of revenues now come from manufacture of CBRN protective suits and respirators (with a quarter from products for the dairy industry).

What in the Cold War were NBC (nuclear, biological and chemical) suits have evolved into CBRN: with the R highlighting the increased threat of radiological contamination from terrorist activity. Every cloud has a silver lining in the defence industry.

The US accounts for 90% of Avon revenues where it is a major supplier to the Defence Department. It has turned around operationally, with operating profit in the year to September 2011 up 20% on revenues down 8%, strengthened its balance sheet and brought a sizeable pension deficit under control.

On a P/E of 10 and yielding 1%, the shares aren't a steal. But with a strategic role in US civil defence supply, market-leading technology, a profitable business model and a tiny £100m market cap, it looks a prime takeover target to me

Avon Rubber issues confident outlook
Wed 21 Nov 2012

AVON - Avon Rubber


LONDON (SHARECAST) - Avon Rubber lifted full year profit and underlined its confidence in future trading by increasing its dividend payment 20 per cent.

The group, which makes high tech rubber-based respiratory protection to military, emergency and industrial markets, said pre-tax profit rose to £11m for the year ended September 30th 2012 from £10.2m the year before. Revenue slipped to £106.6m from £107.6m previously.

Revenue at protection and defence, which represents 70% of group revenues, fell 4% to £74.6m after lower filter sales to the US Department of Defence. Revenue at its dairy division increased 6% to £32.1m

Chief Executive Peter Slabbert commented: "We have continued our successful track record of growing profits, generating cash and reducing our debt and believe that our investment in industry leading technologies in both protection and defence and dairy will deliver future revenue growth and higher margins."

Order intake in protection and defence soared 42% to £85.2m and the closing order book stood at £45.7m with £40.7m for delivery in 2013.

Avon Rubber, which opened a sales and distribution centre in China, said earnings per share rose to 26.9p during the period from 25.2p before.

Operating margins improved 0.6% to 10.9% while cash generated from operating activities of £14.7m, representing 127% of operating profit.

Net debt reduced by £3.1m to £8.7m while the dividend has been increased to 3.6p from 3p per share the year before.