Alexandra Share Discussion Threads

[fillipe] 02/12/2009 16:49

Fair comment all that, Pug.

I've been doing the same at looking as to whether it's a decent spec or not. I think not, but I'm just going to read through the last 3 RNS's to convince myself either way.Mkt cap @ 15p is almost exactly £5m - not that that means anything.

f

[sscrabble] 30/11/2009 08:56

Halved in two months - does nobody know anything about what is happening here ?

[sscrabble] 25/11/2009 15:03

not looking good !!!

[fillipe] 24/11/2009 17:07

Hi everyone. I've followed AXD for years but never bought. The risk/reward seemed a bit more favourable just now and I wondered if anyone had any further thoughts on this one?

Thanks in advance

f

[the big fella] 17/11/2009 15:40

Trouble is AXD have a history of loose tongues. A rise and fall in the share price is a pretty good barometer of the state of play. Todays fall not a positive sign, albeit on little volume (the 65k apart on plus).

[condom2] 13/11/2009 09:29

Still way too cheap . I think scenarios 1 and 2 most likely ,no problem taking up rights with this management,compared to previous lot (useless would be being kind )

[arthur_lame_stocks] 12/11/2009 18:28

I can see a number of possible scenarios:

1) a full offer for the company at a premium to the current price. I don't see this as impossible, 40p a share would only value the company at about £13m and with a further injection of perhaps £10m equity and the sale of the surplus property for a further £15m a purchaser at this price could have a company which was making operating profits of £6m a couple of years ago for about £23m and virtually debt free.

2) a rights issue. I would probably buy mine if offered as I think this is a good recovery play with substantial upside, but the balance sheet weakness is holding the price back. Again perhaps £10m from the rights and £15m from the surplus property.

3) a fund raising at a discount from one major investor. I think this would have to involve the management and would probably mean the rest of us getting shafted.

Anybody have any opinions on any of the above scenarios?

[sscrabble] 12/11/2009 16:17

Todays statement sounds like ' we are going to be asking shareholders for money ' - not sure I will have confidence in this shower of amateurs to give them any more of mine !!

[fillipe] 05/11/2009 00:48

Did you also notice the £1.019m costs relating to directors' termination payments!? Other peeps got all of £46k.....

Incredible....

f

[sscrabble] 04/11/2009 09:12

now down 50% in 2 months !! Must be some insider info on bad news ?

[arthur_lame_stocks] 05/10/2009 19:11

I'll hang on because I think that land will be their saviour, I don't think the Banks will pull the plug on them when there's a chance of a £15m cash inflow in a years time.

[the big fella] 03/10/2009 21:10

I have exited axd since the trading update. Honestly those results did not read at all well. Good luck and fortune to all still in.

[sunfish2] 01/10/2009 17:04

The Directors' salaries defy logic.

What if AXD was a succesful business? Would the salaries be tripled?

[sscrabble] 30/9/2009 08:56

Cannot believe those write-downs - why would you build your stock up to such ridiculous levels in a recession. Fortunately corporate image is still the thing, so uniforms etc should regain sales as companies take on new images as they come out of the slump, so I am hoping they will recover and the shares will regain value. Justwish I could administer a sharp kick up the rear to useless management paying themselves ridiculous salaries when they obviously have no idea what they are doing.

[greengiant] 30/9/2009 07:52

ALS - I think we might see a drop today, also get the indication that they don't really know what is going on with their business. Like the kitchen sink approach, but you only get one chance at it - don't let the market down a second time.

gg

[arthur_lame_stocks] 30/9/2009 07:20

Well predictably dreadful. Breached their banking covenants etc. Think I bought in too early!!!

[arthur_lame_stocks] 27/9/2009 19:06

So we should get the results this week. I guess they aren't going to be pretty it sounds like it'll be a kitchen sink job.

I've heard from the planning department that no decision is due for another few weeks at least as further discussions are needed with AXD.

[the big fella] 18/9/2009 16:23

This one has held up well all things considering.

[the big fella] 14/9/2009 16:23

Yup, good to see.

[greengiant] 14/9/2009 16:09

Moving back up post disappointing IMS

gg

[greengiant] 11/9/2009 19:06

bollers - acquire them on the cheap. PenCarrie is doing very well ( or it was last time I spoke to anyone involved with the business)

gg

[bollers] 11/9/2009 16:53

What none of us knows is what Mr Paul Persey plans to do with his 4.6M shares - rapidly built up (albeit at a low price) earlier in the year - presumably he has plans of some sort...?????

[arthur_lame_stocks] 11/9/2009 08:50

I think it's been mismanaged in the past greengiant, hopefully this is a kitchen sink job and things will improve from here.