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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Alexon Grp. | LSE:AXN | London | Ordinary Share | GB00B28Y7M80 | ORD 12.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.825 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
28/9/2008 14:22 | I am smelling the high street, badtime. And it ain't boarded up just yet. AXN are well placed compared to many other retailers. Alexon brand sales are down a mere 3% year-on-year in the last 8 weeks, which is pretty good considering the circumstances we're in. They make more profit than ALY, who currently enjoy a marketcap ten times as big. But if you'd rather ignore the numbers and blindly follow some buy-high sell-low RBS analyst turkey, that's up to you. Let me see now, RBS. Didn't they buy ABN Amro at the top of the market? Anyhow, there's an interesting article on page 60 of The Mail On Sunday. It's Rose fails to stop the rot at M&S, also quoting Debenhams and Sainsburys saying how higher end clothing sales was selling better. Same story as from Alexon. Women's clothing is more resilient to recession than big-ticket. Because when women feel fed up, they go shopping, and they buy clothes. They call it Retail Therapy. | farsight | |
28/9/2008 11:07 | I feel so bad I got a worried mind | moob | |
27/9/2008 20:51 | Lol...dont think we shud b knocking CR...he has to get a few wrong sometime...he seems to b a tad more realistic now...unlike farsight...who seems to b looking thru rose tinted glasses..wake up n smell the high street | badtime | |
27/9/2008 12:20 | Looks grim... | loverat | |
27/9/2008 12:16 | I mean just read this lot... Ann Harvey had a disappointing first half with sales below expectations. Bay Trading "Operating loss was £1.4 million compared to an operating profit of £1.2 million last year. Like-for-like sales were down 14.5%" "Bay Trading operates in a particularly challenging market" ! "We plan to open eight shops, on turnover related rents, in the current year. Six concessions were opened in the first half, with a further nineteen planned to open in the second half. Current trading Alexon Brands and Bay Trading like-for-like sales are down 3.3% and 12.5% respectively in the first eight weeks of the second half." ............ Bay Trading current sales falling 12.5 % and they arer adding more outlets...lol You are on planet zob cr! | dumbarton2 | |
27/9/2008 12:11 | The fact is cr you have been ramping many a stock when the business model was flawed! AXN has had a flawed business model now for a few years. Fashion out of date and losing market share to its competitors. First you had dolcis...had to be sold. Then the menswear division had to go. Now thats nothing to do with the iraq war cr its just plain bad business sense. Ann Harvey isn't doing well and neither is the young fashion chain ! So what are they doing but expanding the young fashion chain when sales are collapsing....lol You are in cuckoo land cr ramping a stock with bad management. | dumbarton2 | |
27/9/2008 11:37 | LoL - yep, I am responsible for the biggest economic downturn since the 30's - I probably caused 911 and the Iraq war and it's all my fault that Jonathan Ross is paid so much out of the TV license and England's poor show in the World Cup. Bird Flu, Blue Tongue, Foor & Mouth, all down to me. CR | cockneyrebel | |
27/9/2008 09:40 | I have contacts in both JQV and AXN and ny contacts tell me some shops in a dire state. As an example one high st shop in Manchester took les that £50 on a particular day! When your are paying thousands per week in wages, rents, rates etc per week takings like that are unsustainable. | dumbarton2 | |
27/9/2008 09:38 | Rampers of this stock like cr wont have it...high fixed costs are bad news when saleas fall back. Bay trading is losing money and current sales collapsing! Get out of that one cr they market has downgraded again and they will downgrade again the next few months imo. | dumbarton2 | |
27/9/2008 09:36 | Then we have Rosebys yesterday... | dumbarton2 | |
27/9/2008 09:35 | Another retailer goes into admin... | dumbarton2 | |
26/9/2008 22:29 | Buttons, tanners. And it's a game. With a company in a resilient niche with £250m of turnover making £10m a year, and £5m in the bank. You could buy it for a net spend of £10m. On a P/E of 1. Sheesh, do the math. How good has it got to get? | farsight | |
26/9/2008 20:01 | Ouch....didnt someone say earlier this wud b blue at end of day? My sympathy to holders | badtime | |
26/9/2008 18:03 | urtains and furnishings firm Rosebys went into administration today, while Savile Row tailor and former dressmaker to the Queen Hardy Amies announced it was fighting for survival. Reports suggested that furniture retailer MFI was also battling to secure its future. And sales declines at retail chains John Lewis and JJB Sports added to the misery. John Lewis, seen as a bellwether of the industry, gave the sector a particular shock after it confirmed that the financial turmoil had knocked consumer confidence for six. Sales across its 27 department stores fell by 5.6% in the week to September 20, while its grocery chain Waitrose saw sales growth grind to a halt. Its home division suffered the most, with sales off 14% as the housing market slowdown continues. The woes at Roseby's and MFI underlined the difficulties being faced by property-related retailers. But FASHION firms are also being challenged, with hard-pressed shoppers choosing not to splash their cash. JJB reported a loss of £9.7 million in the six months to July 27, against a profit of £8.3 million a year earlier, with sales down in the period and falling further since. Clive Black, retail analyst at Shore Capital Stockbrokers, said: "The news of what's been happening in the financial markets over the past two weeks has been very worrying for consumers and has impacted their confidence. "The fact that the sunshine has also come out for the first time in a while also means that people are choosing instead to spend time in their gardens or the park." | moob | |
26/9/2008 16:45 | Whiterussians: that's furniture, they've been making losses. This is women's clothing, far more resilient, and it's making profits. Spot the difference? Like I said this is a company with £250m of turnover making making £10m a year and it's got £5m in the bank. IT'S ON A P/E OF ONE. Come on now, how often does a chance like this come along? That turnover has value. There will be competitors eyeing this up thinking how nice it would be to get this on the cheap. That £10m annual profit even in this climate is worth at least £30m, so with the £5m cash somebody will be looking to buy this for £35m. That's 70p. And it could happen just like that, in the twinkling of an eye. So if there's anybody there with a short position, think on this: the most anybody going long might lose is 30p, and it would take a while, with plenty of time to get out whilst making money elsewhere. But anybody with a short position could be 40p out of pocket in a heartbeat. Scarey huh? Wince. | farsight | |
26/9/2008 16:40 | whiterussians - Give it a rest.You are telling us about home furnishing companies.I think the big ticket item retailers are a little different from clothing retailers. I have my doubts to a certain extent about Alexon and other clothing retailers but your newsfeed is irrelevant to this BB. | she-ra | |
26/9/2008 16:32 | Furnishings chain Rosebys enters administration Rosebys, the soft furnishings and bed linen retailer, has collapsed into administration after it made sustained losses due to the appalling trading conditions on the high street | whiterussians |
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