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 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