Market's view on Avon Protection
Published on April 2024
- Stock watcher mentions that the NATO’s expansion contradicts earlier promises by the US, impacting the status of the US dollar as a reserve currency.
- Concerns are raised about the negative portrayal of Russia in western narratives, specifically regarding the ongoing conflict influenced by the US.
- A stock watcher bought shares in AVON due to potential US acquisition interests.
- There is a discussion about the deployment of chemical weapons by Russia and the urgent need for gas masks.
- Stock watcher owns two companies, SMDS and TYMN, that are currently targets of US bids, suggesting similar potential for another company due to its significant US business presence.
- Speculations exist that increased global defence spending could benefit certain companies.
- Expectations are set for rumours about a company potentially being acquired after its stock clears the £12 level.
- Discussion on the prevalent use of CS gas on Ukrainian front lines, highlighting the necessity of supplying high-quality British gas masks to Ukraine.
- Positive mentions of AVON in financial discussions, indicating a favourable outlook.
- Alantra, a major holder, increases its stake to 15%, viewed as a positive development.
- References to significant buying activity around lunchtime with substantial transactions noted.
- Notable performance improvement of over 10% in a month for one of the companies discussed.
- Aerospace and defence sectors are noted as significantly outperforming, with expectations of continued success due to large orders.
- Jefferies raises the price target for AVON Protection, reinforcing a positive market sentiment.
- Discussions about new kit development spark interest among stock watchers.
- Final dividend conversion details are shared, with payments scheduled.