Axiom European Financial... Share Discussion Threads

[andrbea] 18/5/2007 13:21

looking back (charts)
Feb 2005 it stood at ca 18.05p

the contract wins in 2007 make it look cheap, i reckon,compared to the mkt cap back then

from 14.5.07

"We've had good responses and good contract wins," he adds, telling Motor Transport that the sale of its German swapbody fleet to a German investment fund has meant the company has "a cash surplus in the bank" and just 14% debt against its balance sheet. An additional benefit for Axis from this sale was the development of new relationships with financiers in Germany who have agreed to fund the current expansion of the swap body fleet by 1,300 units, and the trailer fleet by 360 units.

[cockneyrebel] 18/5/2007 13:20

Well done Gravey, I agree, they look very cheap - you've had a result.

I've managed to get a half decent few - cheers.

CR

[quotes_4_u] 18/5/2007 13:04

One thing is for certain is that 6.3p available yesterday is long gone !

And IC kept this tip under wraps, no inside trading, and each time i think
it will come off it goes higher still, for all we know Pedro it could go
above 9p on Monday, it could go back to 7, never thought it would take off
like it has done but then it always did look very cheap on fundamentals.
The market-cap at 10p a share would still not look expensive.

7.79-8.16p online...100k v 37.5k

[pedrojack] 18/5/2007 12:31

Looking at another leg up in price now quotes...Want to buy more but will wait for a bit of weakness...

[quotes_4_u] 18/5/2007 12:17

7.3-7.71p online...100k v 25k.

Relentless buying at 7.5p and higher, it might even go higher today.

[mikey_b] 18/5/2007 11:31

"These orders are one symptom of the booming Germany economy,"

Everyone I know in Germany is having tough times, belts tightened.

[quotes_4_u] 18/5/2007 11:21

It's on the map now !

Still only valued at 4.3 million.

Thought they would shake it at 6.5-7p so maybe they will try and
shake it at 7-7.75p ?

Great buying at 7.5p, wonder if they are clearing the last of the
non-ex's stock, he had about 300k left, if he was happy to sell at
5p or 6p he will certainly be using todays strength to clear out
the rest you would think.

Got to be at least one decent T trade later.

Back later...better walk the dog.

[andrbea] 18/5/2007 11:12

last broker note was Feb 2007
they will no doubt revise it on the back of the recent contract wins

on 22 Feb they said

AXI has de-risked the business model in Germany by shifting to operating leases. Trading at a 138% discount compared to peer group

[andrbea] 18/5/2007 10:51

big surge in volume on the back of the IC tip:
yesterday 33k
today 645k

[quotes_4_u] 18/5/2007 10:35

Possibly Barclays who more than doubled their holding recently.

7.24-7.66p...250k v 75k.

[quotes_4_u] 18/5/2007 10:17

7-7.5p monitor but a huge 7.24p bid online for 250,000 !

Somebody wants them in a big way.

[qazwsx123] 18/5/2007 10:12

mjneish, you have gone all quiet. Did you sell on the fall, only to watch them recovering now?

[quotes_4_u] 18/5/2007 10:03

6.87-7.46p online...250k v 50k.

Thought it might come off but instead it goes higher still.

[quotes_4_u] 18/5/2007 08:58

100k protected at full 7p offer.

There's definately buyers around...it's still 6.61p bidf online for 250k.

Does not guarentee it goes higher, would not be surprised if they tried
another shake, most tips go up at first then come off later on only to
go higher a few days or weeks later.

A targer price...not really !

The company already is doing very well making good profits, paying
a big dividend for such a small company, it's all about as guru says
if they can make generate some of the extra growth/sales into bottom
line profits, if so then they are very cheap, more deals will help.

Not for traders.

[the_professor] 18/5/2007 08:35

anyone got a target price for this?

[quotes_4_u] 18/5/2007 08:23

In this case it really does not matter azalea.

If the non ex tried to sell that many on the open market none of
the mm's would have give him that price for that size, it's always
a buyers market in these cases, they get the price they want and not
the seller, and he has very little stock left (300k) so there's a seller
removed.

Ig have tipped it then, good for the shareprice, their tips are hit and miss
but this looks a hit.

[azalea] 18/5/2007 08:18

Q4U
If a 14% difference in share price makes no difference to you then we certainly have quite different objectives.

The share price is up because of today's IC buy recc. Has George seriously goofed!

[quotes_4_u] 18/5/2007 08:07

Good news for me is i partly got filled on my order so i own a few,
but as normal no sign of my trade.

And it's flying this morning including a 100k mm buy and 250k bid
online, somebody wants the stock badly, complete shake yesterday to
try and scare out anybody at a cheap price.

[pedrojack] 18/5/2007 08:05

This is more like it...

[quotes_4_u] 18/5/2007 00:17

Hi azalea.

It really makes no odds if the price was 5p or 6p !

The fact is that all the main directors jumped at the chance to
get more stock at a good price, if 5p then it's a bargain, the
non ex has very little left and will probably sell all very soon.

[quotes_4_u] 17/5/2007 19:47

Aim seems to be getting worse for hiding large trades, it was just last
week that the Touch chairman bought a lot of stock at 8p and that trade
never showed up.

Bit deceptive the highlights in that Rns, it could have easily said Axi
directors buy stock in bold and then mention that a non-ex was the seller.

My order didnt get filled today but i will be a holder soon, like the fact
that the finance director took up the bulk today.

[qazwsx123] 17/5/2007 11:50

AXI Level 2:

3 of the 5 market makers are red (i.e. down).