Axiom European Financial... Share Discussion Threads

[andrbea] 18/5/2007 16:07

200k T trade appears at 8.25p, someone's confident!

I reckon (but WTFDIK) this should go to 12-20p

why?
well it used to sit at 18p (2005) when the annual turnover was ca 2m
I read 9 million in the full year results + contract wins since then and Germane financing.. and hopefully more contracts to come in 2007.

[andrbea] 18/5/2007 16:07

200k T trade appears at 8.25p, someone's confident!

I reckon (but WTFDIK) this should go to 12-20p

why?
well it used to sit at 18p (2005) when the annual turnover was ca 2m
I read 9 million in the full year results + contract wins since then and Germane financing.. and hopefully more contracts to come in 2007.

[quotes_4_u] 18/5/2007 15:42

7.85-8.15p online 50k both.

[quotes_4_u] 18/5/2007 15:33

7.91-8.41p online...50k v 37.5k

[georgethefourth] 18/5/2007 15:04

moi? kind of obvious it was going to fall a bit, especially when people start turning up asking whether they should buy. mms love those.

on the charts ive got resistance as being around here too so expect a pullback. we shall see

[azalea] 18/5/2007 14:51

What have you done George?

[qazwsx123] 18/5/2007 14:27

Investor's Chronicle
18th May 2007 (page 34)

"Buy" @ 6p

..........

That is the reason for the rise today!

[quotes_4_u] 18/5/2007 14:01

8.26-8.45p...50k v 75k.

Nipping out, back before the close with some more limits.

[breathdeeply] 18/5/2007 13:59

it may be happening now

Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.

Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread.

[andrbea] 18/5/2007 13:57

ca 12 Sept 2005 (maiden interims)
they said (RNs) (six-month) turnover of £1.221m
so assume full-year equivalent = £2.24 M
SP back then ca 10.16p

On 30.4.07
Full year turnover = £9.1m
SP was then ca 5.6p

no wonder the share price needs to go up!

[cockneyrebel] 18/5/2007 13:55

breathdeeply:

In my experience, when you get a stock take off like this on a decent number of trades, and continue to, then it often indicates a lot of investors see an undervaluation imo.

These big rises come off at some point but it is often the case that there will be a lot waiting to catch the dip and so the second leg up is often very food too and takes the stock to a new recent high.

Nobody can tell you if they are a buy or not, we all have different risk profiles and expectations. If you want to buy then why not wait for a dip and catch that? You won't be buying a top that way. You might need to watch the price closely because the next move up might be sharp too and you risk missing it but it's a way to avoid the top imo.

Good luck - and it pays to stay cool when you're investing imo.

CR

[pedrojack] 18/5/2007 13:51

What a result...I am so glad I got these at 6pence last week...Great recovery stock...As always DYOR...


breathdeeply - 18 May'07 - 13:49 - 89 of 90 (Filtered)


breathdeeply - 18 May'07 - 13:50 - 90 of 90 (Filtered)

[breathdeeply] 18/5/2007 13:49

THANX QUOTES

[the_professor] 18/5/2007 13:48

breathdeeply - take a deep breath and relax!

[quotes_4_u] 18/5/2007 13:45

Sorry but that was not very nice.

breathdeeply - 18 May'07 - 13:40 - 85 of 86 (Filtered)

[quotes_4_u] 18/5/2007 13:41

breathdeeply !

It's very tricky and a hard situation to be in.

When it was 6.5-7p i was certain that was it for the day and expected
it to drift back and the same applied when it hit 7-7.75p so to get to
8.25-8.5p is quite astounding, i think they are worth more than 10p but
this was a very over the forthcoming months not in one day :-))

The mm must have a large buy order to keep raising the bid, but a price
can drift if a order gets complete, it's a very hard decision to buy when
a price is already up so much, i never buy when i've missed the price, but
who knows where this could go in the next few days hence i still hold, i
just top sliced to be safe.

[georgethefourth] 18/5/2007 13:35

been watching these for a week wanting to get in but not having the readies. annoying when this happens. broke above long term trendline last week, thats what i put the rise down to

[breathdeeply] 18/5/2007 13:35

still worth buying at this price? or too risky?

[quotes_4_u] 18/5/2007 13:33

8.3-8.45p 50k v 75k online.

What a day for Axi holders.

[cockneyrebel] 18/5/2007 13:28

I'd keep hold Gravey - I notice the FD was loading up at 7p - he can't have been buying that lot for a scalp surely.

Directors buying off another director yesterday too.

CR

[breathdeeply] 18/5/2007 13:27

worth a punt? or too high?

[quotes_4_u] 18/5/2007 13:23

Going nuts again !

I would not put off anybody taking profits here simply because this rise
has all come in half a day, i'm going to sell half to be safe, i reckon
they will go higher at some point but i'm thinking it will have to pause
for breath at some point.