Alba Share Discussion Threads

[iolo] 06/7/2001 09:03

Alba was given the number one "BUY" spot in Shares magazine "Insider plays of the week" July 5th 2001. Next day it is down 36 pence (10%).

[ostra] 19/6/2001 18:41

Do the following three phrases bring back any memories?

"registered users"
"aggressive marketing"
"we believe there will be massive uptake"

My analytical software, slightly enhanced by s crisp sauvignon, just triggered three SELL signals right there

Here's the full story - thanks for the idea Croc
LONDON (AFX) - Alba PLC is expecting registered users of its Bush integrated
internet TV service to more than double to 300,000 in the current financial year
from 115,000 last time as it embarks on a more aggressive marketing tack,
finance director Andrew Rose said.
In an interview with AFX News, Rose said the target user base will enable
the group to reduce losses at Bush internet TV to about 5-10 mln stg this year
from 17.9 mln stg in the 12 months to March 2001.
Bush internet TV sales so far have been quite "disappointing," with the
losses largely stemming from provisions for inventory held at the year-end.
"I think it's getting the message across to the people," Rose said when
asked why the sales of internet TV, which it launched in July last year, fell
short of expectations.
"We believe that there will be a massive uptake of the product. What has
been proven is that people are aware of the the internet... but what they're not
aware of is what the internet can do for them," he explained.
In the year to March 2001, the consumer electronics group reported an 11 pct
rise in underlying pretax profit to 20.6 mln stg. After the internet spend,
however, pretax profit was reduced to 2.7 mln stg.
Bush internet TV will hopefully start making profits by the year to March
2003, when subscriber numbers are expected to have reached 500,000, Rose said.
Sales of the group's traditional products, including consumer electronics,
domestic appliances and power tools, remain strong although the slowing economy
and its potential impact on consumer spending have invited some caution.
"But we've always proved in the past that we trade very well when things get
difficult. We're very much in the mass market segment. We have very good
relationships with our clients... and what tends to happen is that when times
get tough, the customers tend to look at reducing their supplier base, and as a
major supplier, we do benefit from that," Rose stressed.
The group, he added, has strong order books and "excellent listings" for the
autumn and winter season.
Overall sales grew to 383.46 mln stg in the 12 months to March 2001 from
329.98 mln previously.
mbe/ak

[renda2] 19/6/2001 18:24

croc

impressive which program you using and how you interpretating?

regards

andy

[crocodile] 19/6/2001 17:47

My share analysis program highlighted this for me this evening.
Hmmmm

[big vern] 19/6/2001 11:59

down 25% this morning and more to come.

[lordsnor] 25/3/2000 17:29

had a disastrous week anyone any idea whats going on i was told virgin are getting in on the act but the price just keeps dropping theres also news of an internet ready t.v etc any info greatly appreciated