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Avon Rubber

February 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • AVON
  • Price:
  • 236p
Avon has issued a trading update that said its protection & defence business has experienced some delays in drawdown of masks by the US Department of Defence ahead of the approval of the US Government's 2010 budget, although there has been a high level of activity in the US homeland security market. This is likely to skew performance into H2. Meanwhile, the dairy side continues to go great guns with revenues significantly ahead and higher input prices successfully being passed back to customers whilst the business has also benefited from lower overheads on the back of last year's outsourcing.   The shares are overdue a breather. Tipped at 98p in December ‘09, take some profits. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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