Alexon Share Discussion Threads

[indieman] 15/6/2001 09:22

Same total amount for dividend divided between fewer shares. Result-slightly higher dividend. Slight change in supply/demand ratio also potentially means the remaining shares are more sought after.

Indieman

[relwood] 15/6/2001 08:57

'Alexon Group plc announces that, pursuant to the authority conferred at the
Annual General Meeting on 24 May 2001, it has purchased through Dresdner
Kleinwort Wasserstein 200,000 ordinary shares for cancellation at 137p per
share on 14 June 2001. This purchase represents 0.32% of the Company's issued
ordinary share capital'.


Can someone educate me on what this means for the prospects for this share?

[peter shone] 24/5/2001 07:40

More today?


RNS Number:1263E
Alexon Group PLC
24 May 2001


For Immediate Release 24 May 2001


Alexon Group plc

AGM Statement


Alexon Group plc, the leading retailer of ladieswear, menswear and shoes, will
make the following statement at its AGM this afternoon.


"We are pleased to report that the encouraging start to the Spring 2001
season, as reported in our Preliminary Results announcement in March, has been
maintained.


The Alexon Brands business has continued to trade well with pleasing
like-for-like sales increases and stronger gross margins. Ann Harvey, Dash
and Alexon continue to be the strongest performing brands.


Style Menswear has had an encouraging first half to date. ENVY has grown to
39 shops, with a further 6 shops scheduled to open in the second half of the
year, and is achieving strong like-for-like sales increases. Whilst trading
in the concessions business remains difficult, the lack of demand for suiting
is being offset by changes in the product mix.


After a good start to the half, Dolcis sales have slowed due to a combination
of unseasonal weather and a lack of any strong fashion trends on Ladies shoes.


Bay Trading continues to make steady progress with modest increases in both
sales and margins resulting from the introduction of merchandise with a
broader age and fashion appeal."


For further information please contact:

Alexon Group
John Osborn, Chief Executive 01582 723 131
Robin Piggott, Finance Director

Buchanan Communications 020 7466 5000
Richard Darby




Alexon Grp.(AXN) GB0008444027
C(p) 0.0 C(%) 0.0 C 135.0 B 0.0 O 0.0 H 0.0 L 0.0 Op 0.0 V 0 T A


Three Year Chart Intraday Chart

[wild cat and pussy] 23/5/2001 22:12

I think that the share price is playing up with the fundamentals. Good sales growth should translate into excellent bottom line growth.last years' shoe acquisition could turn out a good deal and a return to above £3 could be a 12 months' target.

[sjc] 23/5/2001 15:12

Flying now.

[relwood] 22/5/2001 00:52

With 2 million shares traded on Friday I had expected things to be a bit livelier than it is today. Does anyone have information on the two very large T trades (1million and 600 thgousand+) that went through on the 19th?

[money loser] 21/5/2001 16:31

Keeps going up....and still fundamentally cheap.

[indieman] 21/5/2001 11:12

Why start another thread; what's wrong with the existing one?

[wild cat and pussy] 19/5/2001 18:22

The latest retail stats could be extremely encouraging for investors in Axn. Fashion and shoeware are showing high growth rates. C&A has closed shop, M&S seems to be struggling. The axn charts show a significant break-out and IMHO, 200p looks possible this year. AXN is one of lowest rated shares in the sector and the shoe acquisition last year, could turn out to have been well timed.

[money loser] 16/5/2001 23:50

tenterhooks time....IMO AXN has broken through 100p resistance. 150p target as before.

If u have the time also take a look at SLM. Another retail stock waiting to be discovered. A tiny company with mega profits in which the shareprice moves up on relatively small buys. Excellent results out and SLM should touch 90p easy.

[money loser] 23/4/2001 10:49

  Screen    ALEXON GRP. (ORD 10P)  Prev.Close 100GBXNMS 5000ISIN GB0008444027Sector SQOSSegment SEAQSEDOL 844402Last trade  103 O at 10:29:35 Vol 600 103 99½ 103 99½Trade Hi 103Trade Lo 99½Cum Vol 26,142Mid Hi 101Mid Lo 100Open 100Mid 101 +1(1.00%) 8:36 KLWTMLSB99-103WINSNITE 99-10410x10 9:1998-10310x10 8:58 99-10410x10 8:3698-10310x10 8:36 ADVANCED FINANCIAL NETWORK Will this break through the 100p resistance? Is so, agree could see quick rise after that. Big sellers being cleared. I take it Puma II fund sold some (from the RNS announcement today).

[pippin] 20/4/2001 13:38

And a big seller is cleared out.

The chart resistance has been penetrated. Only the psychological 100p to overcome. If it manages that, there could be a hefty rise quite quickly.

[relwood] 19/4/2001 16:57

RNS Number:3076C
Alexon Group PLC
19 April 2001


Alexon Group plc ("the Company")

Alexon Group has been advised on 19 April 2001 that the trustees of the Alexon
Group Employee Share Option Trust ("the Trust") have purchased 501,086
ordinary shares in the Company on 18 April 2001 at 98p per share.


The following directors, as potential beneficiaries of the Trust are deemed to
be interested in these shares:

A Osborn

R Piggott

D Gee

[money loser] 19/4/2001 16:57

Another kinda directors' buy....501,086 shares bought at 98p by the TRUST on 18 April.

And 400,000 bought at the bell today.
She's got legs this one.

[relwood] 17/4/2001 15:43

Dear money loser,

I am sure you are right about this share going up. The directors will know exactly how much the stores are selling, and for the diectors to be buying so many shares they must have a good clue as to the prospects. The large institutions may be privy to this information? If so, there should be more trading statements from the company to keep the other share holders up to date.

I suspect there is no bid in the immediate future because I cannot imagine the diectors buying if they knew. However, I expect good news in the interim results and further good news at the final results. If you look at a six month graph of prices one can see how well the shares have done. If you look at the 3 year graph you can get an idea of where it could reach given faviourable news. I'm in for the long term and very happy with the way things are progressing.

[money loser] 17/4/2001 13:51

See RNS today

Newton Investments bought 350,000 shares at 80p on 9th April.
Institutions and directors buying at ground floor.
150p soon IMHO and this is a conservative target because at this target price PE ratio is still less than 10!!

[money loser] 12/4/2001 18:07

Hmmm

Must admit I thought the 88600 was a sell at first. This makes it virtually all buys for the last 2 weeks... and substantial ones too.

No institutions admiting to buying these shares yet.
A bid may well be on its way...we will soon know.

[relwood] 12/4/2001 17:29

RNS Number:1157C
Alexon Group PLC
12 April 2001





Alexon Group PLC ("the company")





"Alexon Group PLC announces that Mr AHA Osborn, a director, has today purchased
88,600 ordinary shares in the company at 88p per share."





Mr Osborn has a fondness of buying shares this year and he should know the true worth and prospects for the company. He bought 250000 at 48.5p in Jan and is happy now to pay about 40p extra for the new shares. I wonder who else is collecting these? Meanwhile it is virtually all buys with very little sells with the consequent upward movement in price.

[money loser] 11/4/2001 16:50

Relwood

dunno who has been buying recently....but I am trying to find out.

Stakebuilding by Reynolds?
Institutional interest?

Will soon know because I expect a RNS announcement soon. £1.4m worth of shares bought today. This is substantial for a £54m company.

Enjoy the ride. This will continue to rise tomorrow.

[relwood] 11/4/2001 16:35

Dear money loser,

this share was 300p about 3 years ago and did not have the prospects that it seems to have now. The recent buying has been substantial. Is it because of the good value, because of the recent buying by directors, or the suggested hunt by Ian Reynolds (see other thread) for a takeover in the clothing retail sector? May the buying continue for some time!

Good luck with the name change

[money loser] 11/4/2001 10:35

Up she goes!!!

[pippin] 11/4/2001 08:24

Agreed. The chart looks very promising. Just a tidsy bit of resistance to overcome a little higher up.

[indieman] 09/4/2001 23:35

Lurgy,
Hope you got in,
Indieman

[indieman] 06/4/2001 10:59

Lurgy,
Further to my last post,
I shall NOT invest, for reasons mentioned previously, but you might want to look at the chart for signs of a sustained breakthrough of the 200day weighted MA. Remember, check for yourself; it's your money.

Indieman