Author Topic: AVN -- Avanceon Limited  (Read 181852 times)

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Offline bhatti11

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Re: AVN -- Avanceon Limited
« Reply #939 on: November 07, 2019, 02:55:39 PM »
Lo lag gaya upper cap.. Kismat hi kharab hai.

Pakinvestorsguide

Re: AVN -- Avanceon Limited
« Reply #939 on: November 07, 2019, 02:55:39 PM »

Offline Muhammad Hamza Rizwan

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Re: AVN -- Avanceon Limited
« Reply #940 on: November 08, 2019, 10:46:19 AM »
Lao AVN rally cap o cap till 40  :fingerscrossed1:

Offline bhatti11

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Re: AVN -- Avanceon Limited
« Reply #941 on: November 08, 2019, 07:56:51 PM »
Is nay nahi chalna... Kyon k main jiss share main hath dalta Jon woh chalna band ho jata hai..

Offline psx Learner

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Re: AVN -- Avanceon Limited
« Reply #942 on: November 08, 2019, 09:35:09 PM »
fy19 eps would b below expectation last quarter will b worst  so avoid it for medium term
fy20 may b good some big project would b materialized in fy20

Offline Aahaf

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Re: AVN -- Avanceon Limited
« Reply #943 on: November 09, 2019, 02:14:21 PM »
Book profit around 36-36.9 untill unless index close above 34700
again at resistance level

Offline Muhammad Hamza Rizwan

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Re: AVN -- Avanceon Limited
« Reply #944 on: November 09, 2019, 07:49:23 PM »
fy19 eps would b below expectation last quarter will b worst  so avoid it for medium term
fy20 may b good some big project would b materialized in fy20
Last quarter EPS of FY will be fantastic and AVN will trade above 50 like Netsol. Lao hai  :fingerscrossed1:

Extacts from Directors Report of AVN:
As per above operating financial results of the company for the nine months ended September 30, 2019
remained on positive side and as per expectations in terms of revenues 47% increased on group level,
standalone revenues decreased due to timing of revenue recognition after implementation of IFRS 15, the
net profits of the company decreased in Q3 mainly due to exchange gain reversal of PKR 139m on translation
of inter-company balances due to recovery of PKR on USD, management is confident to achieve the
targeted corporate plan for revenues and net profit after tax for the financial year 2019, we observed low
gross margins on standalone financials due to huge devaluation of PKR which disturbed our margins on
few orders, we are trying to recover the PKR escalation from our customers as agreed under contract
clauses. We observed inflated increased figures in cost of goods sold and administration expense at
consolidation accounts level only due to increased dollar value from PKR 117.27 to PKR 148.69 (USD
average rate for the current and corresponding periods), which showed the inflated figures in Q3-2019
as compared to Q3-2018, we are expecting more recovery of earnings in remaining last quarter of financial
year 2019, historically, our revenues and profits remain on lower side in first quarter, get start momentum
in 2nd quarter and major portion of revenue of orders start getting recognized in 3rd and 4th quarter of
each financial year due to business cycle which is being observed from many financials years, currently,
we have strong portfolio of orders in hand and in the pipeline for Pakistan, UAE, Qatar, Saudi Arabia (KSA).

Offline psx Learner

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Re: AVN -- Avanceon Limited
« Reply #945 on: November 09, 2019, 08:48:18 PM »
fy19 eps would b below expectation last quarter will b worst  so avoid it for medium term
fy20 may b good some big project would b materialized in fy20
Last quarter EPS of FY will be fantastic and AVN will trade above 50 like Netsol. Lao hai  :fingerscrossed1:

Extacts from Directors Report of AVN:
As per above operating financial results of the company for the nine months ended September 30, 2019
remained on positive side and as per expectations in terms of revenues 47% increased on group level,
standalone revenues decreased due to timing of revenue recognition after implementation of IFRS 15, the
net profits of the company decreased in Q3 mainly due to exchange gain reversal of PKR 139m on translation
of inter-company balances due to recovery of PKR on USD, management is confident to achieve the
targeted corporate plan for revenues and net profit after tax for the financial year 2019, we observed low
gross margins on standalone financials due to huge devaluation of PKR which disturbed our margins on
few orders, we are trying to recover the PKR escalation from our customers as agreed under contract
clauses. We observed inflated increased figures in cost of goods sold and administration expense at
consolidation accounts level only due to increased dollar value from PKR 117.27 to PKR 148.69 (USD
average rate for the current and corresponding periods), which showed the inflated figures in Q3-2019
as compared to Q3-2018, we are expecting more recovery of earnings in remaining last quarter of financial
year 2019, historically, our revenues and profits remain on lower side in first quarter, get start momentum
in 2nd quarter and major portion of revenue of orders start getting recognized in 3rd and 4th quarter of
each financial year due to business cycle which is being observed from many financials years, currently,
we have strong portfolio of orders in hand and in the pipeline for Pakistan, UAE, Qatar, Saudi Arabia (KSA).
FY19 eps will b Rs  3.5-3.8 with total sale 3.75 billions
this is inside from AVN Sources

Offline Muhammad Hamza Rizwan

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Re: AVN -- Avanceon Limited
« Reply #946 on: November 09, 2019, 10:02:10 PM »
fy19 eps would b below expectation last quarter will b worst  so avoid it for medium term
fy20 may b good some big project would b materialized in fy20
Last quarter EPS of FY will be fantastic and AVN will trade above 50 like Netsol. Lao hai  :fingerscrossed1:

Extacts from Directors Report of AVN:
As per above operating financial results of the company for the nine months ended September 30, 2019
remained on positive side and as per expectations in terms of revenues 47% increased on group level,
standalone revenues decreased due to timing of revenue recognition after implementation of IFRS 15, the
net profits of the company decreased in Q3 mainly due to exchange gain reversal of PKR 139m on translation
of inter-company balances due to recovery of PKR on USD, management is confident to achieve the
targeted corporate plan for revenues and net profit after tax for the financial year 2019, we observed low
gross margins on standalone financials due to huge devaluation of PKR which disturbed our margins on
few orders, we are trying to recover the PKR escalation from our customers as agreed under contract
clauses. We observed inflated increased figures in cost of goods sold and administration expense at
consolidation accounts level only due to increased dollar value from PKR 117.27 to PKR 148.69 (USD
average rate for the current and corresponding periods), which showed the inflated figures in Q3-2019
as compared to Q3-2018, we are expecting more recovery of earnings in remaining last quarter of financial
year 2019, historically, our revenues and profits remain on lower side in first quarter, get start momentum
in 2nd quarter and major portion of revenue of orders start getting recognized in 3rd and 4th quarter of
each financial year due to business cycle which is being observed from many financials years, currently,
we have strong portfolio of orders in hand and in the pipeline for Pakistan, UAE, Qatar, Saudi Arabia (KSA).
FY19 eps will b Rs  3.5-3.8 with total sale 3.75 billions
this is inside from AVN Sources
I think full year consolidated eps will be above 4.
Look at Netsol, it declared loss per share of 2.1 in 1st quarter but still managed to trade around 60.

Offline bhatti11

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Re: AVN -- Avanceon Limited
« Reply #947 on: November 12, 2019, 12:47:51 PM »
yeh to charas pi kar so gaya hai hamaray sath..

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Re: AVN -- Avanceon Limited
« Reply #948 on: November 13, 2019, 06:47:51 PM »
fy19 eps would b below expectation last quarter will b worst  so avoid it for medium term
fy20 may b good some big project would b materialized in fy20
As said fy19 not looking good

Offline ajeebkhan

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Re: AVN -- Avanceon Limited
« Reply #949 on: November 15, 2019, 04:55:54 PM »
yeh to charas pi kar so gaya hai hamaray sath..
Charas ke mobasib miqdar waqt pe na milnay Kay karan AVN bhi aaj jaag uthaa.. Bhattiiii Sahaaaaab kahan hain ??

Offline bhatti11

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Re: AVN -- Avanceon Limited
« Reply #950 on: November 15, 2019, 06:56:26 PM »
yeh to charas pi kar so gaya hai hamaray sath..
Charas ke mobasib miqdar waqt pe na milnay Kay karan AVN bhi aaj jaag uthaa.. Bhattiiii Sahaaaaab kahan hain ??
yaar main nay isay talaak day kar khyber tobacco main charas bharna shuru kar diya hai..

Offline ajeebkhan

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Re: AVN -- Avanceon Limited
« Reply #951 on: November 15, 2019, 07:01:20 PM »
yeh to charas pi kar so gaya hai hamaray sath..
Charas ke mobasib miqdar waqt pe na milnay Kay karan AVN bhi aaj jaag uthaa.. Bhattiiii Sahaaaaab kahan hain ??
yaar main nay isay talaak day kar khyber tobacco main charas bharna shuru kar diya hai..
Khyber ke charas KO chor kar PAEL maiii rang jama  laay  ;) 2 mahinay main double shah bana daiga pael tujhe ..

Offline bhatti11

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Re: AVN -- Avanceon Limited
« Reply #952 on: November 15, 2019, 10:52:17 PM »
yeh to charas pi kar so gaya hai hamaray sath..
Charas ke mobasib miqdar waqt pe na milnay Kay karan AVN bhi aaj jaag uthaa.. Bhattiiii Sahaaaaab kahan hain ??
yaar main nay isay talaak day kar khyber tobacco main charas bharna shuru kar diya hai..
Khyber ke charas KO chor kar PAEL maiii rang jama  laay  ;) 2 mahinay main double shah bana daiga pael tujhe ..
shezaday main nay 20 main jama kar rakha hai isay.