Avingtrans (AVG)

Sector:

Engineering

Index:

FTSE AIM All-Share

 400.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 426.00
  • 52 Week Low: 330.00
  • Currency: UK Pounds
  • Shares Issued: 33.09m
  • Volume: 6,806
  • Market Cap: £132.36m
  • RiskGrade: 130
  • Beta: 0.28

Sunday share tips: Mirriad, Avingtrans

By Alexander Bueso

Date: Sunday 20 Feb 2022

LONDON (ShareCast) - (Sharecast News) - The Sunday Times's Sabah Meddings told readers to buy shares of Mirriad, arguing that trends in advertising were going the company's way.


Mirriad specialises in the insertion of advertising directly into the content of films and TV shows using artificial intelligence, as opposed to focusing on ads designed for the traditional ad break.

That allows it to target 94% of a video and not just the 6% available during ad breaks.

It also helps avoid people fast-forwarding past avdertising when doing catch-up watching.

Meddings conceded the shares had been volatile following successive fund raisings and placings.

But for her the opportunity was still alluring given that the TV ad market was worth $145bn a year and the trends in the advertising space.

If Mirriad captured 0.5% of that pie, that would be worth annual sales of $180m, she pointed out.

"Despite advertising spend being under pressure from Covid, the trends play into Mirriad's favour. [...] Buy."



The Financial Mail on Sunday's Midas column recommended readers buy shares of turnaround specialist Avingtrans.

To back up its recommendation, the tipster pointed to the company's more than a decade-long track record of delivering robust returns and dividend growth.

Among the company's recent successes were the acquisition of Booth Industries and AIM-listed Hayward Tyler, both of which were picked up on the cheap and were now profitable with the latter in rude health.

Midas also called attention to the company's capable management, in the form of its boss, Steve McQuillan, who had been running the outfit since 2008 and its finance chief, Stephen King, who had been serving in his role since 2002.

Some of the company's other attractions included its geographical diversification and the fact that its contracts were often inflation-linked.

Furthermore, not only was the dividend payout expected to increase over the next year, special dividends were a possibility as well as businesses were sold, Midas said.

"Avingtrans is a well-run business with a track record of success. At £4, the shares are a buy."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Avingtrans Market Data

Currency UK Pounds
Share Price 400.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 426.00
52 Week Low 330.00
Volume 6,806
Shares Issued 33.09m
Market Cap £132.36m
Beta 0.28
RiskGrade 130

Avingtrans Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.72% above the market average20.72% above the market average20.72% above the market average20.72% above the market average20.72% above the market average
24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average
Price Trend
2.89% above the market average2.89% above the market average2.89% above the market average2.89% above the market average2.89% above the market average
13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average
Income
54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
66.39% below the market average66.39% below the market average66.39% below the market average66.39% below the market average66.39% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Avingtrans Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Nov-24 23-May-24
Paid 20-Dec-24 21-Jun-24
Amount 2.90p 1.80p

Trades for 21-Nov-2024

Time Volume / Share Price
16:25 500 @ 406.49p
15:15 330 @ 395.96p
14:57 583 @ 395.96p
14:21 42 @ 395.96p
14:19 7 @ 395.88p

Avingtrans Key Personnel

Finance Director Stephen King
Chair Roger Steven McDowell
CEO Stephen McQuillan

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