Actual Experience Share Discussion Threads

[tonyx] 29/6/2004 18:09

Broker estimates EPS of 1p per share this year(according to SHARES mag)-makes a P/E around 6.5. Damn cheap!!

[james 2] 29/6/2004 09:29

One was mine as these are looking v.cheap imo.

[tonyx] 28/6/2004 20:16

Wot..no sells? 100% buys today (OK, only 2 trades!)
Its getting exciting-not.

[tonyx] 27/6/2004 09:40

Interesting news that Baugar are buying Karen Millen for £100M +.
Hope they look at ACT!

[tonyx] 27/6/2004 09:37

Very quiet on here! Has £500 spare so bought more at mid price on Friday.

This is from their website...


Status: AIM
Index:
No. of Employees: 353 (289).
Net Assets: £4.204m (£3.898m).
GEARING: 27% (47%).
Net Debt: £1.1m (£1.8m).
Final results: Year to 2 August 03. T/O £25.6m (£24.9m). Pre tax profit £0.333m (£0.315m). EPS 0.51p (0.74p).
Notes: figures in accordance with FRS3; Proforma EPS figures to 2 Aug 03 have been calculated using 65.2m shares.

[marketshaker] 11/6/2004 17:36

What makes you think they will rebound from 5p? I've been caught in this trap before. Finding it unbelievable that a share can drop from £1 to 10p,buy at 10p only to see it drop to 5p. Result- 50% loss. I would leave this until it gets to 1p and then rip up my certificate and use it for the fire.

[andysand] 11/6/2004 15:37

Strange. It's getting so cheap now as to be ridiculous! I will top at at 5p if the situation gets REALLY out of hand:)


Andy

[marketshaker] 01/6/2004 10:05

Leora,

Could you post again,toned down a bit perhaps to get it posted.

[shirishg] 30/5/2004 04:39

Post removed by ADVFN

[chapman123] 29/5/2004 22:28

thought it was going somewhere when it got to 9p but sliiped on something profit takers i think perhaps i will have to wait bit longer ???

[andysand] 27/5/2004 11:11

I keep looking but keep hesitating. I already hold about £4000 at 7.4p and I am getting very tempted to buy more. Will probably keep watching though for a while to see if any volume brings back the recent seller...


Andy

[tonyx] 21/5/2004 12:02

this is SHARES mag original tip from last year..

ACTIF GROUP (AIM:ACT) – 8.12p BUY

Two years ago, Actif was on its uppers. The risky move into selling men's underwear with the Joe Boxer range proved a disaster, losing £1.2 million out of total losses of £2 million in 2001. Fortunately, the ELLE brand was going strong, and new management took over in the shape of chief executive Mark Evans, formerly of Grattan and Wickes, and finance director Julian Ghinn. Joe was closed down, but a big customer went bust, losing Actif a further £250,000.

Hopefully, these disasters are now history following a solid set of full-year profits released a month ago and an upbeat trading statement from Evans. Pre-tax profits rose 6% to £333,000 which was ahead of house broker Seymour Pierce's forecast of £300,000. Debt, which threatened to overwhelm the company at one stage, fell sharply again to £1.1 million – or 27% gearing – a long way from the 2001 figure of over £3 million and gearing of 91%. The store opening programme has been revived, Fiona with new flagship stores opened in Meadowhall, Reading, Glasgow, Birmingham and Portsmouth last month. The 17th store will open in Croydon's new Centrale shopping centre next March.

The repositioning and restructuring process is complete. The new design, buying and merchandising teams are concentrating on improving sales and margins. They seem to be successful with sales in the new financial year up 15% in the retail arm and 22% up in the wholesale business.

This fundamental improvement in both the quality and styling of products bodes well for the allimportant Christmas trading period. Profits are expected to surge to around £800,000 this year and to £1.25 million next year, dropping the PE to just over 5.

The shares trebled at one stage this year but, having since dropped back from almost 10p, they look excellent value at the current price. But readers should not chase the shares too high as the market capitalisation is still only £5.3 million.

Shares Summary

The market has started to wake up to the turnaround at Actif. With the market capitalisation a fifth of turnover and a very low PE, the shares look like doubling over the next year or so.

BUSINESS: Retailing of ELLE women's clothing ranges.

VITAL STATS:
Market capitalisation: £5.3 million
Historic PE to Jul '03: 13.5
Prospective PE to Jul '04: 7.4
Prospective PE to Jul '05: 5.4
No dividend
Spread: 8.82%

[tonyx] 21/5/2004 11:55

Nemo,

I think SHARES mag said TB own 15% at the moment & have done since ACT floated.

Some cheeky buying going on around mid price-have bought another 8K. Not a lot but the only cash available til next week1

[nemo the clown fish] 21/5/2004 09:45

Heard a whisper that the company Ted Baker are looking to increase stake. How many % do they currently hold? Ta.

[skyracer] 18/5/2004 17:36

Hello Andy. Been watching this one. My reservations are the high capital expenditure and working capital, and what is going to happen to the retail market as interest rates rise. Interesting but risky.

[andysand] 18/5/2004 10:16

Wow....a REALLY good kicking. I am hovering on the buy button now....


Andy

[andysand] 13/5/2004 21:22

The problem is not with the company. The shares are just so illiquid. You need to hold them...ideally till next results. Somebody sold 100,000 shares today which is not really a lot of money! Still, it's enough to give the price a good kicking. They are certainly undervalued in my view and I am happy to be patient...

Andy

[tonyx] 13/5/2004 21:00

Rated as a strong buy...is this new??

[tonyx] 13/5/2004 17:26

well...it was a good price at the time!

[tonyx] 11/5/2004 19:14

Bought another 15K this morning-got a good price too. SHARES recently said these were a buy at 8.5p.

[andysand] 10/5/2004 22:06

It's pretty low...about 8 I think. I'll check...


Andy

Ok, future p/e is 8

[tonyx] 10/5/2004 21:23

I take that as being a no!

[tonyx] 04/5/2004 19:21

Ani ideas what the current p/e on this one is? TIA.

[marketshaker] 04/5/2004 18:41

It's gone quiet. Is there any news on the horizon?