Abacus Share Discussion Threads

[jimmycarter] 06/9/2008 11:55

Thanks Cyber. Thought there might be more to this trade. Out of interest how do you know it is an order book trade?

[philjeans] 06/9/2008 08:42

Thanks cyber; as I suspected - someone or some insti brave or foolish?

[cyberpost] 05/9/2008 23:15

jimmy

this is an order book stock. So that 700k+ trade was a buy order that was filled by someone selling. So someone submitted a buy order for 700k+ stock @ 17p... a seller wanting to sell, duly obliged and sold his 700k+ @17p to him and so executing that order.

In an order book traded stock, every trade is a buy AND a sell.

[jimmycarter] 05/9/2008 23:07

700k+ sell today doesn't give good impression. Providing it was a sell. Looks like it to me. If so maybe someone knows something. To sell at this price.

[dumbarton2] 05/9/2008 14:03

Institutions dont agree the big boys are dumping and the foolish punters are buying !

[philjeans] 05/9/2008 13:41

Yet again it pulls away on more buying - up from 17p to 20p today.

The recession and the euro strength may have slowed any growth but this one is far from out!

Underlying strength.

[dumbarton2] 05/9/2008 09:35

The share price fell yesterday and buys the day before. Looks like the mms knew about the big seller today.

I did warn to avoid this the debt of £60 million will be ther companies downfall.

[philjeans] 04/9/2008 09:48

Apart from the investors and institutions who continue to buy, of course.................

[dumbarton2] 04/9/2008 09:34

Well the price falls to a new low despite a fey buys yesterday. Evidently the mms think this is to go lower.

As the euro rises so does debt. That is why no one likes this company.

[philjeans] 03/9/2008 12:29

All seven trades are BUYS at the full price - something stirring............

[dumbarton2] 02/9/2008 10:38

News low against the euro today.

[dumbarton2] 01/9/2008 16:20

The £ falling again the more the £ falls against the euro the euro debt rises.

[philjeans] 26/8/2008 17:00

Some nice buys again today. Optimists rule.

[dumbarton2] 26/8/2008 10:19

jotoha1 - 25 Aug'08 - 10:07 - 694 of 695


Mountain of debt and a major slowdown in the electronics industry will ensure that this will keep falling , just like Eurodis did!

...............

Agree entirely. It will only take another slip in sales and the co will be in extreme difficulty with their high debts.

More bad news in europe today wont help Germany economy still contracting.

[philjeans] 25/8/2008 10:18

Well, that's what Mr Market is saying sure enough; but I think not.

Time will tell.

[jotoha1] 25/8/2008 10:07

Mountain of debt and a major slowdown in the electronics industry will ensure that this will keep falling , just like Eurodis did!

[philjeans] 25/8/2008 09:09

Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Sep-08 290.00 10.50 9.57p 2.2 n/a -19% 3.60p 16.7%
30-Sep-09 294.00 11.23 10.22p 2.1 0.3 +7% 3.75p 17.4%
Covering analysts: ABN AMRO

Looking outstandly cheap on an historic and forecast P/E of 2 !!

[dumbarton2] 23/8/2008 10:17

Thar was 3 months ago!!! Europe is weak Germany has just stated its gone into negative growth and the UK now flat. Analyst think the true state of the uk is in recession......thats because the figures out yesterday are 2 months old

Conclusion trade has bound to have deteriorated frther at Abacus hence the institutions getting the jitters.

[philjeans] 22/8/2008 15:58

Summary from the interims released less than three months ago;

Outlook
As commented upon in the opening statement, the Board considers the current trading
conditions to be stable with relatively few signs of
growth in the principal markets in which Abacus operates. Notwithstanding this, it is pleasing
to note that the activities of the Group
remain profitable and cash generative; indeed each of the country operations is trading
profitably following the integration of Deltron with
Abacus. The Board considers that the European infrastructure of the Group is not only of a
size to manage the current activities but is also
capable of supporting additional levels of sales with minimal additional resource
requirements. For this reason the Group continues to seek
transaction opportunities which the Board believes could be highly accretive to shareholder
value. The challenge of managing vendor
valuation expectations has reduced the availability of candidates but the Board believes that
this situation may change in the coming
months.

It is encouraging that the trading conditions have not deteriorated further as the macro
economic situation has become more difficult
and so the Board is confident that by the end of this year the Group will have lower debt
levels and continuing satisfactory sales
performance.



Harry Westropp
28 May 2008

[dumbarton2] 22/8/2008 14:38

These are being dumpred by institutions anothern 100,000 just gone throgh under bid buy at your peril!

Euroland weakening if they lose any more sales they will go into a loss situation then with high debt there will be little chance of recovery.

[philjeans] 22/8/2008 13:50

Capital Group Int Inc have apparently accumulated over 3% quietly now, buying the dips, as they can see the value here.

An inline announcement next month will see these rocket.

[ok,yah] 22/8/2008 11:39

Every dog has its price and had a punt this am as this is almost priced to go bust