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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Axis-Shield | ASD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 469.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 469.00 |
| Top Posts |
|---|
Posted at 21/10/2011 14:37 by gerd212 IMO ASD is now part of Alere so its performance good or bad will not affect ASDs' share price. ASD shares will now range from the minimum price achievable (Aleres 470p) on the down side and whatever a forced buyer has to pay (due to availability of shares in the market) on the up side. |
Posted at 07/10/2011 13:09 by slaterlpj To Axis shield, Subject: Please pass to investor relations. --- Share price sell out. Dear Axis Shield, In light of your recent public announcements, -- first stating how much you believed Alere to be undervaluing ASD at 460p (repeated), -- and then your subsequent capitulation to accept a mere 10p increase to an offer of 470p; -- Don't you consider it appropriate to make a general apology to ASD shareholders for misleading them? Had you not been so publicly adamant in stating that you were not going to accept 460p, or any amount that undervalued ASD, then many shareholders would have taken the opportunity to sell at levels exceeding 470p, and probably close to 500p. Yours faithfully slaterlpj. Shareholder. If I get a reply, I'll let you know. :) |
Posted at 06/10/2011 14:10 by slaterlpj jpjp, well from my perspective, I should have sold ALL my remaining shares when ASD peeked over 500. I only sold a portion.In the following period, other stocks I follow (FGP for example), have presented several good buying opportunities, that I have missed by hanging in with ASD. The other day FGP hit a very nice low of 301, and have already begun their march back up to their usual of circa 350. If I had sold the ASD remainder instead of waiting I would now be safely on the way to a circa 14% profit in a short space of time, plus the future prospect of the very nice divi that FGP pays. Between now and 24th October, and whenever you actually get the money an awful lot can happen. So I think that for the sake of a few quid in charges, it's better at the moment to be liquid and ready to seize any chance to make profits elsewhere. I haven't actually sold my remaining ASD yet, but as soon as the next bout of panic hits the markets, (and that seems to be getting to be a regular event lately), I will dump ASD and jump into the likes of FGP or other over sold stock. But you're right, with the ASD floor underpinned now to 470, at least there isn't any downside risk in the share price |
Posted at 02/10/2011 08:24 by slaterlpj I wonder. Alere are pretty bold to say they have almost 30% if in fact that isn't quite true.As I understood it, the 29.9% they quoted were irrevocable. I hope you're right and that some of it can be taken back. If so, then even more ASD should start to make much more noise about a 2nd bidder waiting in the wings, to pick up ASD at a better price when the Alere bid fails. ----- If there actually is another bidder that is. It could all be bluff. It's still a poker game, and ASD aint playing their hand as well as Alere it seems to me. |
Posted at 25/9/2011 08:37 by soulman I agree that if the bid is unsuccessful then the share price must surely drop - by how much is the question/worry? I was tempted on Friday to sell half my holding because of this concern. However I didn't because I can't help feeling that Alere are trying to get ASD on the cheap (who can blame them)by using the current general market weakness to make their offer look generous and to make investors nervous. Also having held ASD shares for some considerable time I don't want to sell now and then see the share price much higher in a few years time. I know ASD have promised much over the years and the share price has often got ahead of itself but the financial numbers keep getting better and I have a feeling in my bones that during the next few years one's patience could finally be rewarded. |
Posted at 23/9/2011 09:43 by troutisout Just a few thoughts from an onlooker, The reason Alere are buying at £4.60 is that is where their offer is and institutions look to be selling to them at that price (I assume 1m wasn't a PI?). Alere, if their offer is rejected will have to walk away and I believe will be locked out from any further advances for a period of time. I don't know whether this precludes them from buying in the market during this time? Alere aren't into investing on the stock market, they want to buy ASD, they see value here and with their size the value they see will be completely different to the value of ASD without Alere, so don't get too complacent with Alere's perceived value of ASD compared with what the market will value ASD at. Importantly there haven't been any other bidders come to the fore and also the current market is horrendous, this strengthens Alere's hand and although there is an element of poker going on, they do have the cards. I have shares in a Company that had an approach by Inverness (now Alere), it was reputed to be an all share offer and the share price rose to about 80% of the offer price, it came to nothing and the morning that news was announced the share price opened back where it started and hasn't ever come close again to the price it got to in the last 4 years. So be careful, the price is at a good premium to where it was, if you missed the op to sell a few at circa £5 then it is worth stepping back and thinking about your holding here. If Alere increase their offer it is not likely to be much more than it is now, if they pull out the share price is likely to tumble, the markets are awful at the moment, but will give up all sorts of bargains, would taking some cash out of ASD now be a bad thing? I only say this because there won't be a warning if Alere drop it, it will be too late to sell then and if the share price drops as is likely, you will rue the missed opportunity, even if it is to buy back some ASD at a lower price. Step back and weigh up the pros and cons, look at the risk/reward. If there was a higher offer how much higher? 40p, 60p, 80p??? If the offer is pulled what is the likely drop in SP? I think it will go back to where it started, so over £1 (edit - drop of £1 from current level), look at the markets and current turmoil, would it be better to be in cash and look to pick up bargains (even a lower priced ASD)? Don't get tunnel vision about possible riches, but most importantly take a deep breath, step back and decide what is best for you!!! and act while you can. Good Luck to all holders, I know most investors would love to be in your position at the moment, so make the most of what you decide! Trout. |
Posted at 23/9/2011 09:01 by slaterlpj It's all a bit smoke and mirrors.It's not easy once so many words get bandied around and printed, to see the facts from the chaff. Alere are hinting that the value in ASD (what ever that is) will fall, when all that will fall is the share price (the percieved value). True, if the bid fails and the share price falls, we have all lost the opportunity to get out with a profit and buy back in later. But time should bring the share price back to at least where it was prior to the bid, and likely back to 400 plus anyway. The bid has established a new floor for the ASD share price IMO, and when the markets in general stabilise, it should reach that floor. The wider current market chaos has been a gift for Alere. They can make a lot of hay from it. But it's still smoke and mirrors. I agree, if ASD is such a bad bet, why do Alere continue to persue it? |
Posted at 21/9/2011 11:16 by jpjp100 alftupper is probably right that this bid isn't going to succeedI don't agree that both companies will be losers if that is the case. My view is that 460 is too low for now, the potential is there for ASD to be worth much more in a few years from now. A lot of holders have ridden this particular roller coaster for a long time now and their expectations are high. The share price could fall away considerably if this offer lapses, I don't doubt that. I don't think Alere loses out either, it has a chance to sit back and potentially benefit from ASD's growth in the future, maybe bid again or sell out to another bidder later. I don't think ASD will be an independant company 5 years (or less) from now. My own view is that 560p would easily buy ASD today and still probably would in 18 / 24 months time. |
Posted at 02/9/2011 12:32 by edgar3 alftupper,I don't think there is anything particularly special about ASD's lipid test. Conspicuous by its absence have been any direct comparison with competing products on test speed, accuracy etc (contrast this with the hullabaloo about their diabetes test). The point is that with its introduction ASD will have a machine that undertakes both diabetes testing (market circa 300 mill test pa I think) and lipid testing (500 mill pa). Thus two of the most important PoC tests will be able to be done using one bit of kit. If you were in the market, would you buy two separate machines, or one? Worth remembering also that ASD 'place' Afinion in the US using the razor blade model. Thus, they make their money from test sales only. Once they get a dominant market position, presumably they will start selling the machine. All things being equal it might be a reasonable expectation that Afinion will 'wipe out' all other competing PoC products capable of performing the two biggest tests POC tests. In an ever expanding market, this makes the capacity to undertake the lipid test gold dust, and has the potential to turn ASD into a very big player. Edgar3 |
Posted at 07/7/2011 07:56 by slaterlpj zipstuck - 6 Jul'11 - 11:08 - 3557 of 3584 "I do hope M Slater had a short"Sorry to disappoint you. I didn't. :) However I have been buying on lows for a while now, --- but not recently as it has been quite firm of late, --- now we know why. I have been anticipating a gradual rise back to the 400+ region, and would have dumped there (to buy back later) if this bid had not been made. However, now I am in the same dilemma everybody here is in. 500ish is a good price for ASD given its history since 2000. In a year or two that price is likely to be easily justified, with one proviso. --- That being, that the company is run with a view to driving up the value for shareholders, and not just as some crusade for world health (which is how I have always viewed ASD). It's often the case the new owners get better value out of a company. Out with the old, and bring in some needed changes, whilst concentrating on the real value within the company. I am certain that Alere would do just that, and transform the value of ASD. You cant blame them for wanting it cheap, and nor the board for. rejecting it. As has been said, this was an opening gambit. More is likely to follow. I already have a nice tidy profit from ASD, so this is just jam for me. I have no emotional baggage related to holding ASD for so long in the hope of getting my money back (I already have). That said I wouldn't want this sold cheap, and now that a base takeover price has been established, we should see a foundation for the share price regardless of any new bids coming to light. For that reason, I am prepared to gamble on ASD, by not selling now and looking to buy back later. I am a firm hold, tempted to buy. I think the next few days/weeks should be very rewarding. I have no idea how much it is worth although I think that 800 is too optimistic at the moment. However, I wouldn't be surprised to see it go out for +-600. |
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