Alexon Share Discussion Threads

[cockneyrebel] 09/11/2008 14:39

think I prefer FCCN Frauddy - been doing a bit of research on the Chairman here at AXN - he appears to be a clown apparently that got SMWH into the mess it got into - any revival is since he left.

The new bird from Primark looks interesting - would like to see her wade in for a bunch of shares before I buy more tho.



CR

[ydderf] 09/11/2008 14:22

Why girls will increase their clothes buying again:

1. There's more change out of a tankful of petrol now
2. There will soon be dosh left over after paying the mortgage
3. There's gonna be change left over in the pay packet after the government reduces tax to stimulate the economy

It will all look very different in a few months when retail comparables start to be positive. Of course AXN and others will have already started to movbe up sharply before then.

My question though, is how sustainable is an economic culture that relies upon ever increasing retail spending to be 'healthy'? Clearly another way of life must emerge, otherwise in say twenty years, real consumption will have doubled or tripled - how can that be managed, trousers in six packs?

[ydderf] 08/11/2008 14:29

Why girls will increase their clothes buying again:

1. There's more change out of a tankful of petrol now
2. There will soon be dosh left over after paying the mortgage
3. There's gonna be change left over in the pay packet after the government reduces tax to stimulate the economy

It will all look very different in a few months when retail comparables start to be positive. Of course AXN and others will have already started to movbe up sharply before then.

My question though, is how sustainable is an economic culture that relies upon ever increasing retail spending to be 'healthy'? Clearly another way of life must emerge, otherwise in say twenty years, real consumption will have doubled or tripled - how can that be managed, trousers in six packs?

[ydderf] 04/11/2008 17:02

27-Oct-08 Panmure Gordon Sell 12.50p 30.00p 10.00p Reiteration
02-Oct-08 Panmure Gordon Sell 28.00p 40.00p 30.00p Reiteration
19-Sep-08 Panmure Gordon Sell 51.00p 50.00p - Reiteration
07-Jul-08 Panmure Gordon Sell 62.50p 60.00p 50.00p DownGrade
25-Jun-08 Panmure Gordon Hold 67.00p 85.00p 60.00p Reiteration
28-Mar-08 Panmure Gordon Hold 89.75p 95.00p - Reiteration

08-Jan-08 Panmure Gordon Hold 77.50p 90.00p - Upgrade
06-Dec-07 Panmure Gordon Sell 96.25p 175.00p 90.00p DownGrade

24-Sep-07 Panmure Gordon Hold 204.09p 220.00p - Reiteration
02-Apr-07 Panmure Gordon Buy 199.06p 130.00p 260.00p Upgrade

What is interesting, is that just 12 months ago, PG had them as a Hold at 204p with a target of 220p. I wonder why they didn't have had a target of 10p (their present target) then, or even six months ago when they were a Hold at 89p.....Now, ask yourself, with PG suggesting a target of 10p and their track record, what is the likely price in 12 months?

Meanwhile, this company has cash of between 5m - 7m, no debt, and tangible shareholders funds of 6 times market cap, and made profits equal to the market cap at the last reporting half year.

I have seen lazee comments about heavy quarterly rent payments but a careful and intelligent reading of the published reports suggests a very different picture. I'm only writing this now because I have finished my buying, but I doubt if anyone will notice my observations anyway.....

[kfp] 03/11/2008 19:33

Nice,free share awards at the lowest price in years !!

[arthur_lame_stocks] 02/11/2008 16:26

I saw in the Telegraph the other day that one of the brokers has these down as a sell. It seems to me you should only sell if you think they're going broke because if they don't they're dirt cheap.

The Romford Bay Trading Company store had "many items £5 or less" signs in the window (it used to be a Dolcis). Suggests things are tough?

[westcoastrich] 31/10/2008 08:11

Assuming AXN needs some money for working capital or to make redundancies to cut costs, can they borrow it? I keep hearnig that banks dont want to lend??!

[dumbarton2] 29/10/2008 16:01

Market cap under £7 million turnover £262 million markets telling investors bust could be the outcome.

[whiterussians] 29/10/2008 15:58

it dont matter how good the store or how fine the silk, if people aint got a dime the retailer aint gonna get it

[dumbarton2] 29/10/2008 15:56

lol

Too many retailers chasing too little money !

[whiterussians] 29/10/2008 15:55

are people still buying frumpy frocks?

[dumbarton2] 29/10/2008 15:36

Check out this link...

[dumbarton2] 29/10/2008 15:33

Some comment a while couple of weeks back they need a lot of money for stock annd lease payments the news was not good. The suggestion was they could go under.

[deepdriller] 29/10/2008 09:37

have just started looking at this stock. Does anyone know of any particular reason for its weakness? Is there any recent brokerage research or comment on it?

[westcoastrich] 28/10/2008 18:02

BLIMEY!! 12P

[dumbarton2] 24/10/2008 15:04

John Lewis repoted sales down over 7& and they said other retailers would be faring far worse.

[slainegardener] 24/10/2008 00:08

I got squeezed out of these a while back. I had it covered but saw better opportunities elswhere. I think I made the right decision. What a crazy market we are experiencing at the moment. I am seriously considering going into a busy street pulling bown my trousers, spreading my cheeks, excreting a massive log and shouting 'f£ck you' to all that pass by. However, some may not approve!!!!Conservative w$nkers...