Axon Share Discussion Threads

[blockbuy] 16/12/2008 11:50

mmorning all..........nice one Screamer.........so if oil rises you get the benefit??????????

nice.............

well that's finally it.........Axon no longer floated..............whatever shares you have left you should get paid by the 29th according to the rns..................

nice............

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[screamer] 16/12/2008 08:15

Morning BB, Change of plan on the holding cash front...TLW have hit yet MORE oil. They were the biggest riser on the FTSE one day last week, looks like they could repeat today. Guess where my AXON proceeds have gone :)

Screamer

[blockbuy] 15/12/2008 08:44

morning all..............same here Screamer..........cash, lovely cash, earning less and less every day due to rate cuts........lol.............see how they force you bakc in to the markets.......lol.............

I'll see out the year now cash then start looking for a couple of acorns in the new year.............I feel there's no rush, happy to relax..............may even consider a little dabble on oil............maybe even gold..........

now if most others did that then the markets would be a lovely non volatile place.................

last day then today that Axon exists if I read Friday's rns correctly..............does Axon now become Axon or does it retain it's name??????????


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[screamer] 13/12/2008 09:55

So where are we all going next with our Axon proceeds?

Personally I've trimmed my self trade ISA portfolio right back in recent weeks and am now only in 2 (AHT & TLW) both of which I think are already very undervalued. The rest is cash. I may pile the cash into my 2 current holdings but there must be some other bottom fishing bargains out there. What are your recovery plays...anyone?



Equities wise I'm not sure if we're past the worst yet, I think by and large we probably are but we could have a few painful bumps before any sustained recovery.

All in my very humble opinion of course.

Screamer

[blockbuy] 12/12/2008 15:30

afternoon all........do delisting next week............

by the looks, the markets are getting very happy to use 8000 as a base for the DOW and ruond about 4000 for the FTSE...........9000 seems to be the top end for the DOW at the mo...........

not a bad trading range that imo............nice...........

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[blockbuy] 11/12/2008 16:40

th,th,th,th,th,that's all folks.

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Screamer, it's a cash offer, you'll get a check in the post or nominee account credit I assume.............

yes, I remember your stake mr........massive one for a PI...........and yes scary swings last year during August etc............

imo if it wasn't for the mess those bankers made this share would be well over £10 now based on growth rate etc..............but we are where we are and we all know this HCL lot got a great great bargin..............


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[mrminister] 11/12/2008 13:36

yes been a cracking little share for me over the last 3 years for me, hung on too long after last years peak and gave back a lot off my gains....was £1100 a point last sep....them were the days

[screamer] 11/12/2008 13:04

Jeez that's came round quick!!! I've been so busy in the oversees property market I've missed a lot of this.

So what happens if you dont sell today, I assume our Axon shares would be exchanged for HCL shares. Is this the case and will they be tradeable on the LSE?


Screamer

[blockbuy] 11/12/2008 09:17

morning all...........good spot Steva................so this is it folks...........the last day you can trade Axon stock...............

been a good decade for trading this one................many have made a fair few quid no doubt...............

nice................

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[steva] 10/12/2008 14:33

RNS Number : 8799J
Axon Group PLC
10 December 2008
Recommended Acquisition
by
HCL EAS Limited
an indirect wholly-owned subsidiary of
HCL Technologies Limited
of
Axon Group plc

Court sanction of HCL Scheme

Axon Group plc ("Axon" or the "Company") announces that, the High Court of Justice has today made an order sanctioning the HCL Scheme by which HCL EAS's acquisition of Axon is being implemented.

In order for the HCL Scheme to become Effective, the Court will now need to confirm the associated HCL Capital Reduction at the HCL Reduction Court Hearing. This hearing will take place on 12 December 2008. It is expected that the last day of dealings in Axon Shares will be 11 December 2008 and that the listing and admission to trading on the London Stock Exchange's main market for listed securities of Axon Shares will be cancelled at 8.00 a.m. on 16 December 2008, the day following the anticipated effective date of the HCL Scheme.

A request has been made to each of the London Stock Exchange and the UKLA to cancel the trading in Axon Shares on the London Stock Exchange's main market for listed securities and to remove the listing of the Axon Shares from the Official List, in each case, with effect from the day following the HCL Effective Date.

A detailed timetable of events for the HCL Scheme is set out in the scheme document dated 24 October 2008 (the "Scheme Document").

Copies of the Scheme Document are available for inspection during normal business hours on any business day at the offices of Osborne Clarke at One London Wall, London EC2Y 5EB, up to and including the HCL Effective Date.

[blockbuy] 09/12/2008 14:23

afternoon...........well no good news gets report there mr.......lol..........

when's delisting day?????????????

for ref Mon 8th Dec, Axon ranked 220 in the FTSE.




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[mrminister] 03/12/2008 15:20

funny no mention on doomberg today unless I've missed it.....they only spin the doom and gloom

[blockbuy] 03/12/2008 14:48

afternoon all...........well it seems the cut in rates may finally be having some effect..............

nice...........

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U.S. MBA's Mortgage Applications More Than Doubled Last Week
Email | Print | A A A

By Bob Willis

Dec. 3 (Bloomberg) -- Mortgage applications in the U.S. surged by a record last week as lending rates plunged after the Federal Reserve pledged to buy mortgage-backed debt.

The Mortgage Bankers Association's index of applications to purchase a home or refinance a loan jumped 112 percent to 857.7, the highest level since March, from 404.4 the prior week. The group's refinance index skyrocketed 203 percent, while the purchase index rose 38 percent.

The Fed's announcement sent the rate on 30-year fixed mortgages down to a three-year low, sparking demand to refinance adjustable-rate loans. Even so, rising unemployment and faltering consumer confidence will keep most buyers sidelined, signaling the three-year housing slump hasn't reached bottom yet.

The drop in rates was "a big, early Christmas gift for borrowers who have enough equity -- and solid enough credit -- to qualify for a refinance loan," Michael Larson, a housing analyst at Weiss Research in Jupiter, Florida, said before the report.

[blockbuy] 01/12/2008 08:45

morning all........steva, you missed the point.......taking vat down on things you may not buy just to have extra duty added to something that you defo will have to buy is a con.............will they take the duty added now off once VAT goes back upto 17.5%........the f* they will............

will do mart...........

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[martpow] 29/11/2008 14:04

BB have a look at RCG and tell me what you think. Potentially another Axon .
My only concern is that it looks too good.????
See you on RCG message board - lol

[steva] 29/11/2008 11:30

Blockbuy (what's the point....?????) - I hope your stock picking technique is a little better than your understanding of politics and economics:-

Increase to basic rate tax payers personal allowance of £600 introduced in September will be made permanent. It will be increased by a further £130 from April 2009.

The basic rate tax band is increased by indexation plus an additional £800 from £34,800 to £37,400

Raise age related income tax allowance in line with prices to £9,490 for people aged 65 to 74 and to £9,640 for people aged 75 and over

Income tax personal allowance will be restricted for those with incomes over £100,000

From £140,000 of income, the remaining allowance will be completely withdrawn at the same withdrawal rate, so that people with the very highest incomes do not benefit from the personal allowance

New additional higher rate of income tax of 45 per cent (and 37.5 per cent for dividend income) for those with incomes above £150,000

VAT reduced from 17.5% to 15% from 1st December 2008 to 31st December 2009.

The planned increase in the Small Company Rate from 21% to 22% from 1 April 2009 has been deferred until 1 April 2010

Measures include a new Small Business Finance Scheme to support bank lending and a new HMRC business payment support services to allow tax bills to be phased

For 2009/10, empty commercial properties with a rateable value below £15,000, will be exempt from business rates.

Government will make a payment of £60 to all pensioners in the New Year. Around 12.5 million pensioners will benefit.

Child benefit increases are being brought forward from April 2009 to January 2009

The PBR announces the creation of a National Employment Partnership bringing together the Government and major employers to tackle rising unemployment


Usualy disclaimer - The above is based on my understanding as at November 2008 of the current taxation, legislation and HM Revenue & Customs practice, all of which are liable to change without notice. The impact of any taxation (and any tax reliefs) depends on individual circumstances

[blockbuy] 24/11/2008 16:59

so that's it then.............all over bar the shouting and a positive outcome.................where will I spend my time now????????? snif.............lol..............

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[blockbuy] 24/11/2008 11:26

meeting must be dragging on, no rns yet..................

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[blockbuy] 24/11/2008 08:42

morning all...........well today's the day I think........EGM at 10................fingers crossed for someone to trump 650........a tenner would be nice.............lol............

anyone going????????????

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[blockbuy] 21/11/2008 09:54

morning all...........been reading that there are signs 6-9 months equities could be on the road to recovery (rather than the volatile phase we're in now I guess)...........they're saying it'll be a disconnect as corporate earnings will still be lower, but stocks will rise (I guess as stocks look ahead rather than backwards as company reports do...........)...........


way I see it, once the banks have sorted their mess out they'll be happier to lend......once this happens the money can start flowing around again...............so maybe the readings might be right????????????????

nice................

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[blockbuy] 20/11/2008 13:36

afternoon all...............mixed bag of news out there today............main thing though is mortgage approval is on the up................could be a sign of the start of a recovery................

nice................

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[mrminister] 17/11/2008 09:27

yes sensible game plan b.b , all the best anyhow......

[blockbuy] 17/11/2008 09:10

morning all........morning mr...............not been looking sadly mr........too scary out there with reason out the window and the press helping to stir the self fullfilling proficy of the end of the world.........lol.............

in no rush, mainly cash apart from quick in and outs on drops and rises here...................if and when I'm watching.............nothing major just beer money...................

Christams is coming so maybe a small dabble in games companies on the runup............thinking to have a look at companies that sell lower value items............woolies etc..........(or should I say, the same stuff just cheaper)...............but to be honest the after 8+ years of playing this game I'm happy for the rest..............will see out the year then see what 2009 brings..............

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[mrminister] 13/11/2008 15:28

i do miss having this stock around i must say....

bb..... you got any more jewels in mind....looking around for some "ideas"