Airsprung Share Discussion Threads

[wskill] 29/9/2009 15:19

Managed to buy 2 small lots today at 28.45p and 28.75p before the door was closed again slowly slowly catchee monkey


edit

I can see now why they let me buy a few today but on the other hand they have a few to trade now.

[wskill] 23/9/2009 11:51

Still very hard to pick up any APG online have tried again today no one seems to want to part with any they seem to be tightly held , it is not worth buying 2k after dealing costs

[cockneyrebel] 23/9/2009 11:42

Ticking up today - was up before that 2K trade too - another leg up building on the chart here hopefully.

CR

[daytraders] 11/9/2009 22:35

hope you all got in, it seems you did, nice one.

[cockneyrebel] 11/9/2009 16:42

Yep, you did Daytrader - well done :-)

CR

[daytraders] 11/9/2009 16:00

yeh and i still did not buy in, doh

[the big fella] 11/9/2009 12:28

Yes I do recall you posting that.

[daytraders] 11/9/2009 12:24

i posted months back when shares were like 10p, that they had started big contract with tesco.

[cockneyrebel] 11/9/2009 12:19

Just noticed Airsprung beds are now in the Tesco catalogue - is that their maajor new listing they refered too?

Knew they were with Argos, first I've seen them in Tesco tho.

CR

[cockneyrebel] 09/9/2009 14:54

I've added that link in the header Strolling - ta.

Definitely not much stock about and why would there be after that statement?

Results are a nailed on at H1 now and from all the macro data about at the moment I bet H2 is going to get upgraded.

Tons of great property assets, acquisition to kick in and a co that's been there seen it and done it as far as recessions go even in the 30's.

I'm holding these for an age myself - just a well run great little co that's doing everything right imo.

CR

[wskill] 09/9/2009 14:33

StrollingMolby yes that was mine forgot a lot of shares have moved to plus looks like a good run in store for APG wished I bought more at 11p but will still add on down days. Well done to APG management it just shows what a difference a good management team can make to a company

[greek islander] 09/9/2009 14:28

Superb trading statement - should carry on upwards today and tomorrow at least

[strollingmolby] 09/9/2009 13:32

wskill - looks like it went through on PLUS. Is that your 10k at 23.75 ?



Perhaps this could go in the header, CR ?

[wskill] 09/9/2009 13:27

stange no trades on my L2 not even the 10k I picked up this morning will try and pick up a few more on dull days ,looks a good long term bet to me,cannot remember ever making so much cash on the stock market in the 30 years since I started investing I love the hedge funds for over selling everthing .

[the big fella] 09/9/2009 13:23

Nice trading statement. 40p here we come.

[jailbird] 09/9/2009 13:14

rang thru to buy just 5k and they said no for 25p and pushed the price up

[cockneyrebel] 09/9/2009 12:58

Market cap still just £5.6m too and all those property assets.

And a break to a new recent high :-)

CR

[cockneyrebel] 09/9/2009 12:56

Cracking trading statement just out :-)

9 September 2009


AIRSPRUNG FURNITURE GROUP PLC
("Airsprung" or "the Group")


Result of Annual General Meeting


Airsprung (AIM:APG), the supplier of manufactured and imported furniture,
announces that at its Annual General Meeting ("AGM") held earlier today, all
resolutions were duly passed.


The Chairman, Stuart Lyons, made the following trading statement:


"The strong recovery forecast for the first half year is materialising as
expected. Sales are now running well ahead of 2008, although still somewhat
short of the levels achieved two years ago. Profits for the four months ended 31
July 2009 have been significantly higher than last year, when trading losses
were incurred, and are likely to remain so until the half-year end.


It is too early to predict the impact of economic conditions on employment and
consumer spending in the second half of the year, but the directors believe
that, barring unforeseen circumstances, the Group's performance will continue to
move ahead satisfactorily."

[wskill] 09/9/2009 09:46

Managed to get a few APG this morning tried again to get a few more and the best online is only a 1000 shares not worth the £6.95 dealing charge I am afraid

[daytraders] 08/9/2009 19:22

was thinking of going myself, even thou i aint a holder, only 2 miles from where i live.

[cockneyrebel] 08/9/2009 10:25

AGM tomorrow and goes XD - the divi is yours if you're holding at the close tonight.

CR

[cockneyrebel] 05/9/2009 21:52

Airsprung is back on track for profit
10:20am Friday 4th September 2009


"Yesterday chief executive Tony Lisanti said the pay cuts agreed by staff earlier in the year had now been restored and the mood in the factory was mainly upbeat. Latest figures will be presented to the company's annual meeting on Wednesday."

They've restored the staff pay cuts then - can't be doing that bad then :-)

Rest of it is taken from the results.

CR

CR

[cockneyrebel] 18/8/2009 11:32

APG annual report now on the website:



Sort of tells you something when they say they are going to start paying a divi 'in view of current trading' imo.

CR

[cockneyrebel] 17/8/2009 17:30

Divi date just announced - goes xd for 0.5p on the day of the AGM - Sep 9.

A nice upbeat even that will be imo - first divi in an age :-)

CR

[cockneyrebel] 11/8/2009 18:39

Retail sales 'continue to rise'

'Home improvements'

Sales of furniture and homewares saw their biggest year-on-year growth in three years during July, although the BRC said this was against a very low base in July 2008, and lifted by extensive discounting.