Axon Share Discussion Threads

[blockbuy] 28/8/2007 12:46

some SAP news today...........growth in India and how there and China are key to growth.................

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

;-)))))))))))))

SAP Sees `Unprecedented Growth' in India as Customers Double

By Shailendra Bhatnagar

Aug. 28 (Bloomberg) -- SAP AG, the world's largest maker of business-management software, is experiencing ``unprecedented growth'' in India where it has doubled the number of customers in the past one year.

India, where SAP has the third-largest number of employees, and China will be key to the company meeting its target of 100,000 customers by 2010, Chief Executive Officer Henning Kagermann said in New Delhi today. The company's customers in India number 2,000.

``Markets like India are at an inflection point when it comes to the adoption of technology,'' Kagermann said in a release. ``It took us nine years to reach the 1,000-customer mark and only one to double it.''

Walldorf, Germany-based SAP reiterated it would invest $1 billion in India to fund research and help win customers. SAP, whose software helps companies manage tasks such as payroll and inventory, and global rivals such as Oracle Corp. have increased hiring in India to benefit from technically skilled workers, lower wage bills and a local market increasingly deploying technology to stay ahead of regional competition.

``The unprecedented growth that we are seeing from India is one of the best examples of how our 2010 strategy translates into action,'' Kagermann said.

The company may increase investments if such growth continues, Kagermann told reporters in New Delhi today. SAP's entire board is in India to meet customers, government officials and employees.

Fastest Growing

SAP, whose software runs 21 of the 30 companies making up the benchmark index of the Bombay Stock Exchange, has identified India, its fastest-growing market in the Asia-Pacific region, as one of its nine most strategic markets in the world.

The German company's sales in India grew more than 25 percent in the first half of this year. The company, which has won orders from power producer NTPC Ltd. and the paperboard unit of tobacco company ITC Ltd., wants to increase sales to small companies.

SAP employs 4,235 people in India and had sales of 98 million euros ($134 million) in Asia's fourth-largest economy during 2006.

``We are adding more than four new customers every working day,'' Ranjan Das, SAP's president for the Indian subcontinent, said. ``It's a good time to be here in India.''

Kagermann declined to comment on hiring plans in India, saying SAP was strengthening its relationship with Wipro Ltd., India's third-largest exporter of software services, by making it a global services partner.

Wipro, TCS

Wipro, based in the southern Indian city of Bangalore, joins larger rival Tata Consultancy Services Ltd., in supporting SAP's customers in India and overseas. Wipro, controlled by billionaire Azim Premji, will set up a lab for SAP in Bangalore.

Kagermann said rising wages in India's $32 billion software services industry was not a hurdle for SAP's expansion plans as the quality and quantity of engineers available in India were better than in any other country. More than 80 percent of the company's employees in India work for SAP Labs, its software development center.

``We are not here to recruit people because people are cheap,'' Kagermann said. ``We will stay here even if labor costs go up because we find quality people here.''

As much as 24 percent of India's information technology workers left their companies in 2005, Lincolnshire, Illinois- based human resources consultant Hewitt Associates Inc. says.

To keep skilled employees, companies in India are boosting salaries at the fastest pace in Asia. Wages are likely to surge an average of 14.5 percent in 2007 after a 14.4 percent rise last year, Hewitt predicted in March.

SAP is battling overseas rivals such as Microsoft Corp., International Business Machines Corp. and domestic companies such as Infosys Technologies Ltd. to hire employees in India.

[blockbuy] 28/8/2007 12:38

it is very very very quiet out there..............only 56m traded all day so far on VOD..............might go find a pub garden for lunch...........

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

;-)))))))))))))

[blockbuy] 28/8/2007 10:59

too true mr................markets are very very quiet today.............last week of the holiday season so I guess people taking advantage..............

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

;-)))))))))))

[mrminister] 28/8/2007 09:02

morning henry...bb is right one of my s/b i use ig @ 10% margin for my large position which i have held for 1 year or so now, so its not a quick bet on results you see.
it is a position i am comfortable with and can manage,unlike you i see it as low risk with everthing to gain at these prices and was very happy to add at under or over £7 which has netted £5k in a week
imo would not be surprised to see £9 or £10 come next may/june in a steady normal market

go find a poor stock to short...

re director sells :1/06/2007 mark hunter sells £7.7mil shares, so he fancies a sunseeker in cannes marina, who can blame him, blokes done very well and deserves rewarding and still left with £70 mil in shares.
hardly a reason for shareholders to worry imo....
a good company does not turn bad overnight.....

[blockbuy] 28/8/2007 08:15

morning all..............hh, you keep bringing up the director sell thing, well as your a keen chartist I'd have a look at what the chart after the director sell way back May.........mmmmmmmmmmmmm the share price rose............anyhow it's not an issue now as your missing the fact that since then more institutional buying took place during June and this month..............

but I see your interested in protecting your 720 short...........not sure you'll get too many chances now with just under 5 trading days before the results.............the last trading statement still stands...........you may want to cut and run.........you can't complain really, you called it right earlier in the month so it's just a knock to profits rather than a real loss yes???????


;-)))))))))))))))

[huwrayhenry] 27/8/2007 21:50

i could understand if he was holding a breakout such as CIU reached on friday but AXO - the chart doesn't exactly scream buy buy buy!

i'm uncertian of my short, so will see what happens tomorrow. anyhow less chat i'm off to find a better position to take - either long or short.

be lucky

hh

[huwrayhenry] 27/8/2007 21:44

i just can't believe mr m has so much bet on these results with the market so jittery.

it's plain gambling - not investing.

either way it's either stupid or a risk he can afford with limited gain.

do i need to remind him that the directors off loaded alot of shares recently - beg to ask the question why?

hh.

[blockbuy] 27/8/2007 21:30

evening all................what a weekend......sunny, hot, birds and beer..........what a combination..............

over Friday and Monday the US is up about 80 points.......what's that 0.75%??????????? nice...........great run Friday followed by a little pull back today........net very positive over the 2 days.................can live with that...................

just 5 days now until the best ever H1 interim results Axon has ever given if I'm not mistaken.............................

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

oh, hh, 10% with igindex which is what I believe mr uses..............I opened an account there sometime ago............I wouldn't be too concerned about his position as it's a decent long from sometime ago..........I'd be more worried about your short you supposedly opened at 720 with sentiment becomeing more positive with the Fed ready to react and with results only 5 trading days away..............

mmmmmmmmmmmmmmmm................tough one that.............hope you can close up pretty quick in the morning without too much of a net markup...........................£9 from PMUR, £10 from ALTI...............

;-)))))))))))))))))

[huwrayhenry] 27/8/2007 13:51

Mr M.
£1000 pp = £180,000k margin (@25% for share price = 725p)

Do you get investment advice from a broker?

Good luck

[joestalin] 25/8/2007 14:17

Well I'm back in the UK, after all the fun and games. I have tried to keep up with things and buy on the cheap. I think I have succeeded to a large extent. £15k worth of AXO, PMO, DNX, and GPC all bought at or near their low points.

I was very amused that the board was visited by deramping shorters! AXO of all boards! I think tbo is correct though - in case you missed it - less volatility and asteady climb now. I guess towards £9 after which I think we will see some profit taking. I am still musing on whether to do likewise or let the story run - we will see.

[blockbuy] 24/8/2007 16:45

bloody good week.............didn't deserve to finsh red today so glad the auction helped out there...............

hopefully now next week can continue this general market calmess after those figures..........beer then train..............then more beer..........

have a good long weekend all............

nice.........

;-))))))))))))))))))

[blockbuy] 24/8/2007 16:11

welcome back mr..........good journey???????? what's happened on the m1- apart from bank holiday gridlock????.....agree on the value.......PMUR still on £9 and ALTI on £10........and with the lack of any bad news the last trading statement still stands...........

the company must still be doing very very well.............we find out on the 4th...........which incase you'd forgot is only 5 trading days away...........can't wait........especially on any further broker upgrades following.......

but.......let's not get ahead of ourselves............a damn good recovery week this week with plenty of improved sentiment and buyers coming back............

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

;-))))))))

[mrminister] 24/8/2007 16:05

just back,
nice tick up in my absence, did not expect this so pleased i topped up thurs & fri. always does well when i'm out. pity anyone on the m1 tonight...

think of all the fund managers starting back to work next week with this stock in mind...still offers great value....

[blockbuy] 24/8/2007 15:49

should do sm............the VIX (measure of volatility) is well down now from last week and looks to have flatlined...........don't know much about it but last week it was in the 30's and this week it's in the low 20's and falling...............which as I gather is good......the lower the better........

I bet those good housing and manufacturing numbers are hacking off those doom sayers...................hh, hows that short going?????????.....still time to close it off.........be quick though this share price could be back in the July trading range (800-840) pretty quickly as the last 3 days have shown.............

1st mms now on 735 and MLSB has just moved off that to join EVO in the 750's..............+JPJN has moved up to 785...........

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

;-))))))))))))

[shareman2] 24/8/2007 15:28

That should further improve sentiment
Good chance of a results runup now imo

[blockbuy] 24/8/2007 15:01

indeed a 2.8% rise and expected a 1.7% decline......

off go the markets............it's going to be a good day then.......

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

;-)))))))))))))))))))

[blockbuy] 24/8/2007 15:00

by the market reaction I guess the housing number is better than expected...............

[blockbuy] 24/8/2007 14:52

ok it looks liek the US is playing ball this afternoon................

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

;-)))))))))

[blockbuy] 24/8/2007 14:36

come back from lunch to find out manufacturing is on the up................

U.S. Durable Goods Orders Gain More Than Forecast (Update2)

By Bob Willis

Aug. 24 (Bloomberg) -- Orders for U.S.-made durable goods gained more than forecast in July, suggesting business spending remained a bright spot before this month's rise in the price of credit to companies and consumers.

Gains in manufacturing, spurred by dwindling inventories and increased exports, drove demand to the highest level since September. The increase signals the economy was still expanding at the onset of the August financial-market rout that spurred the Federal Reserve to cut its discount rate and warn that ``risks to growth have increased appreciably.''

Orders for products meant to last several years climbed 5.9 percent after a revised 1.9 percent gain the prior month, the Commerce Department said today in Washington. Excluding transportation equipment such as airplanes, they rose 3.7 percent, the most in almost two years.


very nice................

;-))))))))))))))

[blockbuy] 24/8/2007 11:25

looks like you've got your timing right again sm..............support level lifting up and we've got those orders back again at 500 and 900............been very good days when they've been around................

68.8k v 64.1k total buys to sells.............ignoring those far out orders the book is........

43.8k v 34.1k total buys to sells............

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

;-))))))))))))))

[mrminister] 24/8/2007 10:09

had some more at 720 & 723,....
that me done for now....
off to herts and back see you all at 4pm....
dont expect any big moves today imo....the calm after the storm, but been a great week [ bar mon ] whatever happens today......

[blockbuy] 24/8/2007 09:37

after ALTI on 719 it's a jump to 725 for the next mm there mr...............

;-)))))))))))))

[blockbuy] 24/8/2007 09:25

how did I miss your post there tbo.............thanks for updating...........good to see another fund jumping in...............

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

;-))))))))))))

[blockbuy] 24/8/2007 08:52

that's one hell of a position there mr.................good luck.............UK market rising, US futures rising too...............Axon's orderbook strengthening too...............

shaping up nicely...............

;-)))))))))))))

[mrminister] 24/8/2007 08:41

yes i will buy all day long at these prices.......

finger on the button..

approaching a £1000 pp....