Alexon Share Discussion Threads

[feelingblue] 25/11/2010 11:21

The reason the web sales figures show massive increases is because its still very new. Starting from zero it is 'easy' to achieve 100% increases quarter on quarter.

Still they appear to be addressing the web, so fingers crossed.

What is your target share price SP, in say 3,6 and 12 months?

[spaceparallax] 25/11/2010 10:55

Just grabbed another 17K@12.25p.

This is definitely a higher risk share, but IMHO the Management are doing a decent job trying to turn the ship around in tough times. This is one that offers multi-bagger potential over several years, for those patient enough to wait.

[spaceparallax] 25/11/2010 10:44

Bye Bye then, won't be needing to hear from you again then.

[simon42] 25/11/2010 10:00

I thought that statement was much better than expect and seemed to be addressing the web issue and Alexon brand product. Still not out of the woods yet and I think the January statement will be the biggy.

[spaceparallax] 25/11/2010 09:51

Surprised to see the slight share price dip - have placed a BUY order for 17K@12.5p.

[spaceparallax] 25/11/2010 09:26

A timely RNS bringing the good news that some of us sought.

[feelingblue] 25/11/2010 09:13

davidosh....

Good call on the IMS!!!

But as mentioned 0.4% up against awful previous is still nothing to be jumping for joy over.

[feelingblue] 24/11/2010 17:18

So 1% traded, if that is an ii who holds c3% (before or after trades) an rns is required.

IMS, thats not audited facts and figures though.

[davidosh] 24/11/2010 17:15

Who will have to RNS ? Even though 1.3m traded today that is still less than 1% of the company so no need just for that amount necessarily. I suspect there may be a IMS due shortly though as there was one late November last year and they may feel the market needs an update to settle nerves somewhat.

[feelingblue] 24/11/2010 16:23

Phase Eight are much like the Alexon brands, found in Debenhams, house of fraser and john lewis.

Talking of house of fraser, the offer they put in seems pretty good nowadays. ok ok a lots changed since then.....

RNS friday??? They will surely have to announce a holdings rns this week anyway, 3% rule et al???

[davidosh] 24/11/2010 15:07

Phase Eight....How many shops do they have ? I thought they were only small and mainly in the South

[simon42] 24/11/2010 15:02

Maybe the people who who took over Phase Eight is a much better bet/fit. They have an investment vehicle which buys up businesses in a bit of trouble. Can't remember their name. Can see them getting stuck in but they'd want it for nothing.
All speculation, we are getting ahead of ourselves and maybe the figures out in the next week will be rosey. Stranger things have happened!

[spaceparallax] 24/11/2010 14:43

if the price is right, anything's possible.

[simon42] 24/11/2010 14:23

Can't see Philip green picking this one up as he has enough going on right now. He's in the process of reorganising his entire business which is enough to keep you busy and I hear BHS isn't doing as well as last year. He doesn't need an additional headache in this environment.

[feelingblue] 24/11/2010 14:14

Agreed, would really add to Arcadia's portfolio. I was only thinking this last night.

I see a takeover bid as the only hope for the share price tbh.

All will no doubt become apparent in the coming days.....

[spaceparallax] 24/11/2010 12:08

One thing that hasn't been mooted, is a takeover - at this price very tempting for someone with big pockets. Philip Green for example.

[spaceparallax] 24/11/2010 12:07

I saw the last AXN figures as pretty good - definitely heading the right way. What the next will bring depends very much on how the economy bites.

Indeed only time will tell.

[feelingblue] 24/11/2010 11:38

I cant see how the last set of figures were positive, they were not as bad as previous, but were still not good and not sustainable.

All imho. Im not shorting or de-ramping, just saying what i see.

Maybe i need to go to specsavers???? Maybe by monday we'll know......


As for DAV, that was a p+d, i think that much is clear.

MM's could be sorting their big ii out a great price for a big slice, they done it before, sudden drop, large volume, share price returns to normal, rns out stating position taken.

As said, time will tell.....

[rainmaker] 24/11/2010 11:06

There's good volume around-within the last half an hour someone has just dumped 200k at 11.75p and another 265k at 11.50p.

regards

[spaceparallax] 24/11/2010 10:58

Can't question the observations on sp; however, there is no evidence or info known that justifies the drop. The chart has been open to glum interpretation because of proximity to support levels.

It could be that bad news is leaking, although that would be a significant about face from the most recent official news. This has happened to me with DAV who issued a very solid TS, only to be followed a couple of months later by gloom and doom.

We could have a significant holder exiting, yielding a drip drip of sells.

MMs could be working the share price down to fill a big buy order.

The truth is that none of us know.

The Company could be doing fine, hence offering a great entry or top-up opportunity. This has happened to me elsewhere e.g. BEM when I bought 40K @ 1.25pps (they're currently mid 20s)

Until I know more, I've no intention of exiting and am seriously considering a top-up.

[rainmaker] 24/11/2010 10:44

Hi Simon, I'm currently researching this Company and looking at the recent share price action it looks like it's in a terminal death dive!Talk about catching a falling knife! The share price has lost something like 50% this month and it's down another 14% today with 19 trades with 99% sales.Excellent point re two recent appointments as their product is a premium one sold in concessions at upmarket stores like John Lewis and Debenhams.Of course if I decide to buy it won't be on the basis of share price action but fundamentals.

regards