AVINGTRANS PLC (AVG)

AVINGTRANS PLC (AVG)

Blog posts

Avingtrans Preliminary Results Call 2020

Yesterday, 1st October, I participated in Avingtrans' results call. The call was based on the results presentation, here: https://www.avingtrans.plc.uk/wp-content/uploads/2020/09/AVG-Results-Presentation-FY20.pdf. A research note from finnCap, containing forecasts is freely available here: https://researchlibrary.finncap.com/File/View?file=80864f18-44e7-4d07-8c04-138f93ac28e0 (subject to registration). I have held Avingtrans shares since 2006, so know the management team and story very well (which has evolved over time). I consider them to be competent and honest. In the call they described the company as a "mini-Melrose", i.e. operating a buy and build strategy in the ...