Alexandra Share Discussion Threads

[cockneyrebel] 07/2/2008 21:47

Well the directors disagree, the market seems to be putting a base in on a lot of stocks too.

7.5% yield looks safe, upbeat trading statement, historic PE 6.7, fwd PE 6.4 and they have said they are on course to meet recently.

Last director buy was Jan 23. That means a trading statement saying they will meet or beat in early march will be long enough after that director buy.

Shares usually always respond before the news and before the stock looks an obvious buy imo.

An ISAable PE of 6.4, earnings growing and a 7.5% yield even with increase is a pretty rare animal. Net of the divi and the fwd PE is about 6, your net buy price around 82p and the 6.5p divi next year too.

That's very cheap imo - bags more upside than downside however it's viewed I'd say.

CR

[paxton208] 06/2/2008 17:11

negative retained cashflow and squeezed margins, reduced net profit, shall I continue?

[paxton208] 05/2/2008 23:37

Not sure I agree CR, Like melody said, massive debt, cant see this going anywhere near GDWN's future, sorry mate.

[melody9999] 31/1/2008 23:34

£60M debt - 70% gearing. urr not quite my cup of tea. director buys does not guarantee anything.

[cockneyrebel] 27/1/2008 18:39

Johnsons are dead men walking due to their own incompetence imo.

I'm sure AXD will find their demise very beneficial - JSG have become much less competitive anyhow with the interest they are paying compared to earnings/losses.


AXD have been very upbeat on next year too - I suspect they will do better than the 13.2p eps forecast. 6.6p or more divi payout over the next 11 months too so the net buy price over 12 months is under 80p (you can buy @ 85.5p). PE net of divi is under 6.

Chart is on a cracking long term support level too.

CR

[roccoco] 27/1/2008 16:48

I understand that Johnsons, their main opposition is imploding, is this good or bad news? will more contracts go to AXD or will johnsons bid silly prices for contracts??

[cockneyrebel] 25/1/2008 10:47

Can't believe how ignored this stock has become.

Directors already said they expect to meet, they have been buying shares, the yield is 7.5%+, 7.75% for the coming year.

They have over £5m on the balance sheet.

They have had normalised earnings for the past 5 years of 8.6p, 8.7p, 10.4p, 12.4p, 14.1p.

Structural changes should mean that earnings have the potential to grow faster.

The PE for the year just ending is 6.8 and ISAable.

These sort of bombed out prices rarely appear imo.

I had a few today with the Chairman buying 20K yesterday.

CR

[peea01] 17/10/2007 10:06

down the pan ultimately - look hard at the accounts, particularly stocks and debtors

[ecostock] 15/3/2007 15:31

wheres AXD heading?

[oniabsta] 09/2/2007 10:18

Just had a chat with the very confident CEO Julian Bud.

Amongst other things he said, the company is "better placed now than it's ever been" and "the market is wide open for us"

He is a very likeable and approachable chap and has invited me to ring him back after the finals announcement. He believes there will be a significant improvement in debtor levels (he told me why)and stock levels.

I am most pleased i topped up this morning.

[oniabsta] 09/2/2007 08:57

Penpont - Thanks for the clarification, Don't know where Pet got his incorrect figures from.

[penpont] 09/2/2007 08:52

Sorry onia, I meant 'Your figures' (meaning the ones you quote in your previous post.)

[oniabsta] 09/2/2007 08:26

pet - those are not the figures i see on digital look

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jan-07 83.50 6.58 13.48p 10.7 1.1 +10% 6.40p 4.4%
31-Jan-08 85.90 7.21 14.75p 9.8 1.0 +9% 6.85p 4.7%

the above is a direct copy from web site.

[petralva] 09/2/2007 08:17

Now then, now then.

Digital Look are showing new revised Broker figures UPGRADED.

To 30th of Sept 2007 EPS of 10.0p P/E of 13.2 On todays share price of 131.5p

To 30th of Sept 2008 EPS of 11.8p P/E of 11.1 and a PEG of 0.6.

I think the previous figures were a P/E of 14.7 and 12.9 on a share price of 128.5p.

NICE.

[oniabsta] 09/2/2007 08:14

mm's mark down overdone imo, bought another 3k

[farmingrgp] 08/2/2007 19:27

This used to be quite a high yielder. Does anybody have the yield / cover figures based on last year? I have always thought that this one would slip under the belt of Johnson or else provide a footbridge for the yanks / somebody else to enter the UK / EU market. This industry is due for rationalisation. Buying power is the winning formula. We shall wake up one morning and find that this one has been swallowed. It is at a relative low and is looking vulnerable. Don't expect to see AXD on the screen this time next year.

[spooky] 07/2/2007 09:30

Assuming that the trading statement is in line with expectations i would agree with you.We shouldn't have long to wait,but my cautious side tells me to wait until after the statement.

[penpont] 07/2/2007 09:24

Anybody still interested here? Price has fallen over past few months on no bad news. A trading statement may be imminent as they have issued one around this time in past couple of years. Assuming they are in line, could be a good price to get in once some stability appears.

[dolphy] 14/11/2006 10:49

not showing on ADVFN Level 2, but a few small trades reported on Plus Markets this morning, look to be probably buys.

[highcommissiondelhi] 14/11/2006 08:21

Institutions and now director buying.

Edit - Beat me to it - cr

[cockneyrebel] 14/11/2006 08:20

Director just bought 10K on the low.

CR

[muangsing] 19/10/2006 10:30

Results seemed OK to me.

Any idea why the share price is falling??

Regards

[cockneyrebel] 07/6/2006 07:49

ex divi today - chance to buy a post divi price for your pension - looking well cheap and way off the high now


CR