Alba Share Discussion Threads

[6085544] 12/4/2006 11:54

Times they are a changing!
It had to happen the supermarkets that were ABAs core business soon realised they do not need a middleman and that their volumes were enough to justify ordering direct with their own branding.
ABAs only real course of action is identifiying their profitable sectors and concentrating on them radically cutting costs. It may mean lower turnover but at least they can make some profit.
Also debt needs to be lowered but if all their goods are out on consignment I really cannot see how this can be done.
I assume the supermarkets are demanding longer credit times as are most retailers.
When ever Philip Green takes over a retail concern the first thing he does is tell all his suppliers that payment is 60 days not 30 take it or leave it, a lot of manufacturers who were basically relying on his business closed down.
ABA is probably still a very good business but the management ie the controlloing family need a shake up.Their internet TV was a shambles and it lost them 15 million pounds anybody who had the slightest idea about the internet at the time could see it was a stupid idea. Maybe the institutional shareholders need to intervene.

[6085544] 12/4/2006 09:11

They also supply everyone else including the american low budget market through Walmart.
Also it would not suprise me if they manufactured for the likes of Phillips etc.
I do not think they rely on Alba for their main profits.

[leetholdings] 11/4/2006 23:51

You might find it interesting to have a look at Alba's contract manufacturers websites: Alco Holdings (Alco.com.hk) and Tamashi (Tamashi.com)these 2 outfits are major suppliers of audio equipment for the Alba/Bush and Goodmans brands in particular look at Alco's interim profits.

[sat69] 11/4/2006 13:49

Sounds good to someone though - up today in good volume - some big trades going through....re-read the header!!

[6085544] 11/4/2006 09:40

160 Million in debt. They need to sell a ridiculous amount of TVs simply to cover interest payments.Doesn`t sound too good to me.

[Abuse team] 07/4/2006 17:52

Post removed by ADVFN

[sat69] 06/4/2006 14:30

Goods manufactured in Far East are a fraction of the cost compared with Europe. Would not suprise me if they are still making a good 10% margin with Tescos - They certainly would not be doing it at a loss.

[leetholdings] 05/4/2006 16:45

6085544
Alba must be giving stuff to the shops at an incredably low sale or return price, as i've just seen Alba cd-radio's in Tesco for £7.48......how do they do it? Looks to me like Alba are dumping stock quick to keep cash flowing at any cost. The bottom for this baby is way down.. mbo will take it private at £1-£1.50 per share.....just my personal opinion.

[sat69] 05/4/2006 11:23

...it's called charting!

[6085544] 05/4/2006 09:08

Why do people look at history re this share the bottom has not been reached their market has changed and evolved drastically they have not.They give their stuff to the shops on a sale or return basis. You can now buy a quality branded tv ie Philips Sony for near enough the same price as an Alba or Bush.
They are still associated with cheap and always will be. They need to sell stuff for 30% less to holds market share.The majors are now manufacturing in the same palces and at the same cost so unless they sell at a loss they are struggling to compete.
What else do they have going for them?debt is enormous margins are tiny.

[elsworth] 04/4/2006 16:22

Can't really see how the bottom has been reached???????
Looking at the charts...its got a long way to fall, if they do not pull their socks up!!

Good luck on your buy yesterday...........i'm gonna wait for the drips to stop!!...its pretty dangerous catching falling knives!!!!!

[sat69] 04/4/2006 14:31

Elsworth. The bottom was reached yesterday. I bought at 241.25. There is still a chance for you to buy today before the RNS releases rocket this back up.

[elsworth] 04/4/2006 14:01

I'm looking to buy.........but the bottom has NOT been reached, yet!!
Will wait till the fall has a reason to stop....

..wander if it can fall below £1

[sat69] 04/4/2006 13:27

As always - time will tell.

[seapearl] 04/4/2006 13:10

This is so PRO!!!

[this_is_me] 04/4/2006 13:09

I don't see any resistance; they haven't been this low since 1999.

[sat69] 04/4/2006 11:43

TIM

I believe these have reached the bottom because: -

1. They are now trading at a 4 year low, and have also hit a resistance level.

2. They have been heavily oversold, and (as in the header) it will not be long before somebody decides to make an approach.

3. At these levels I expect a broker upgrade will take place.

4. (The real reason!) I bought in yesterday at 241.25!!!

[this_is_me] 04/4/2006 10:58

Why do you think that these have reached the bottom?

[sat69] 04/4/2006 10:46

Sorry TIM...241p. (Now amended)

Doesn't seem to be alot of action here!

[this_is_me] 04/4/2006 10:20

Where do you get 141p from? That is another £1 or so down.

[sat69] 04/4/2006 08:26

It's safe if you know how to catch it from the handle!

As predicted yesterday, 241 pence will be the low for these. It is only a matter of time before broker upgrades start taking place, or the bid rumour mill starts grinding.

[Abuse team] 03/4/2006 19:27

Post removed by ADVFN

[this_is_me] 03/4/2006 19:19

Grundig is a premium brand so Alba is not just exposed to the lower end of the market.