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

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...