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

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