Axon Share Discussion Threads

[shareman2] 18/9/2007 19:55

Bb where are you?
Still down the pub after seeing that rate cut news i bet
Get one for me
A double
No a trebble
Sod it the bottle
Look at it go over there
Big big shopping spree for me tomorrow

[blockbuy] 18/9/2007 16:36

mmmmmm, 861..............didn't look like that on the book............ah well.......not going to argue over 2.5p..................

off to the pub.........catch the last of the evening sun.............gl on the DOW sm...........


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


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[blockbuy] 18/9/2007 16:33

on a very quiet day in relation to the last few, afterhours is looking 863.5 currently................

eyes down then for the Fed later................

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

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[blockbuy] 18/9/2007 16:12

the FTSE's going mad.............up over 100 points now.............

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

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[blockbuy] 18/9/2007 16:01

seems that way sm............things starting to stir now..........FTSE and DOW just had a surge............

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

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[shareman2] 18/9/2007 15:47

Large caps getting all the attention bb
Smaller caps and techs not getting a look in
Radar will come round soon enough
Doing well on the dow today got 50 points
Could do very well later too

[blockbuy] 18/9/2007 15:22

things holding well stateside and very well over here................a very decent splattering of blue on my monitor...............will we see the end of day buyer(s) like we did last week??????????

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

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[blockbuy] 18/9/2007 13:32

Futures up further on PPI number................

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

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[blockbuy] 18/9/2007 13:16

this could be it..........not such bad news for Lehman then.............

Lehman Profit Beats Estimates as Equities Offset Mortgage Woes

By Yalman Onaran

Sept. 18 (Bloomberg) -- Lehman Brothers Holdings Inc., the largest U.S. underwriter of mortgage-backed bonds, said profit fell less than expected as fees from equities trading and investment banking offset some losses from subprime home loans.


futures racing up...............

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

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[blockbuy] 18/9/2007 13:05

hello...........wots got the UK up and running and the US futures on the go??????????

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

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[blockbuy] 18/9/2007 12:26

the reliance can be said of all companies.......but the % reliance on the bigger contracts used to be a lot higher............and from 14m to 35m growth in the first year of buying more into the US is pretty decent imo and shows the business model works................

depends on what you want.........if you want slow moving large divi payment stocks then look at the FTSE 100, if you want rapidly growing stable stocks then the 250 is a better bet..........and if you want high risk but high reward then knock on the door of the small cap/AIM..........or, do what most do and get a mixture...............

don't forget Axon is just scratching the surface of a $24bn market............plenty of upside to be had..............and lets not forget................

"We have a strong order book, a good pipeline and excellent operational controls
and we look forward to another good performance in the second half."




latest from Bloomberg..............

The FOMC will opt today for a quarter-point cut to 5 percent in the rate that banks charge each other for overnight loans, according to the median prediction of 134 economists surveyed by Bloomberg News. Twenty-three of the forecasters projected a half-point move, which traders think is coming sooner or later: Interest-rate futures indicate a rate of 4.5 percent by year-end. The decision is scheduled for about 2:15 p.m. in Washington

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[rogid] 18/9/2007 12:25

Always looking. Am concerned that there is heavy reliance on a relatively small number of very big contracts - the loss of one or two of these would have a big impact on the bottom line. Also there's $ exposure with the high % of US sales (about 35%?) and it's not looking likely to improve, expected Fed cut today and we'll probably just hold over here. Just feel there's better prospects out there, esp the big cap non t/o'able stuff on low PEs and high div yields which are already coming back into favour with the recent market jitters. Wish you luck anyway and hopefully you got in a lot lower down (I haven't read the earlier posts).

[blockbuy] 18/9/2007 11:31

luckily Axon isn't just reliant on just sales.............they provide long term lifecycle stuff.........5-10 year contracts and the like, ie relationships, not just the installs and goodbye...........look at the big deals that have gone through...........

also don't forget that Axon are now looking to knock out what probably would have been 2009's figures this year........and they're only at 1-2% of the total market and targeting more............ie still in growth mode...........look at the growth in the states.......and I'd say the brokers have been pretty much ok to date..........if the company says profits up 10%, the brokers advise accordingly...........

of course there will be sometime when a critical mass will be achived..........but hopefully that'll be ftse 100 time............

nice to chat btw...........thinking of a position????

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[rogid] 18/9/2007 11:17

blockbuy, I hope it's more rock solid than the Northern variety. Personally I wouldn't rely too much on broker upgrades as they're often shown to be misleading given they are self-serving to the issuers. Axon is a quality business but I think there are more clouds on the horizon than the share price would suggest. They're trading on a PE of about 22 times projected 07. It's a competitive, cyclical sector and sales of ERP systems are expected to grow at only about a third of the current Axon rate over the next few years. Looks toppy to me but hey, what do I know?

[blockbuy] 18/9/2007 10:50

does cloud over once in a while rogid, but have a read of the latest news and broker upgrades and you'll see that fundamentally this is rock solid................gotta be at least 15 upbeat trading statements in a row now................and with the promise of more to come probably.........

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

anyhow, Northern Rock customers are queuing up now again...........to put money back in............

Northern Rock Queues Tailing Off
Updated: 10:35, Tuesday September 18, 2007

A Government pledge to underwrite customer deposits at Northern Rock seems to be convincing savers to keep their money in the bank.

Queues trailing offLengthy queues which built up after news it had sought a Bank of England guarantee for cash-flow funds are tailing off.

Customers have now started to put money back into their accounts.



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[rogid] 18/9/2007 10:07

Real blue sky thread this, isn't it? Nothing can possibly stop the inexorable rise in the Axon share price by all accounts.

[blockbuy] 18/9/2007 09:43

hi sm.............yep........they'll be sitting on their hands until the decision...........my guess is they'll cut just to instill some confidence and get things moving again............afterall once all this has settle down they can always sneak them up a little at a time later on if they need to.............

things don't go up and down in a straight line afterall.............have you seen the latest predictions on oil???? one chap saying $85-$90 based on supply concerns and someone else saying $45 on it being all overhyped...........nothing like consistent guidance eh?????????????/

lol..............

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[blockbuy] 18/9/2007 09:37

stop the press................inflation dropping further...........gives the BOE the scope to move on rates................

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


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U.K. August Inflation Rate Falls to Lowest Since March 2006

By Brian Swint

Sept. 18 (Bloomberg) -- The U.K.'s inflation rate unexpectedly fell to the lowest since March 2006 last month, adding to evidence the Bank of England doesn't need to raise interest rates from a six-year high.

Consumer prices rose 1.8 percent from a year earlier compared with 1.9 percent in July, the Office for National Statistics said today in London. Economists expected inflation to be unchanged, according to the median of 35 forecasts in a Bloomberg News survey. From July, prices rose 0.4 percent.

The Bank of England, which a month ago signaled its benchmark interest rate may have to rise to curb inflation, is now facing an economy vulnerable to rising credit costs as financial-market turmoil pushes borrowing costs higher. Consumers are shouldering a record 1.3 trillion pounds ($2.6 trillion) in debt, a decade-long housing boom is cooling and the bank was last week forced to bail out mortgage lender Northern Rock Plc.

``A rate rise is now off the agenda,'' said Ross Walker, an economist at Royal Bank of Scotland Group Plc in London. ``Inflation numbers should be helpful for the next few months. This gives the Bank of England a bit of breathing space.''

[shareman2] 18/9/2007 09:34

Hi bb
For me as long as they cut itll be a start
Much better day in the markets ahead of the decision too
Very very quiet there by all accounts yesterday
Probably see elevated volume in the us after the decision

[blockbuy] 18/9/2007 09:01

cor, no shortage of news this morning............BOE offing £4.4bn to help liquidity and fed rate cut expectations.....more than one.......


LONDON (Thomson Financial) - The Bank of England is offering cash-strapped
financial institutions another 4.4 bln stg of reserves in order to deal with
short-term liquidity problems that may have been exacerbated by the crisis
engulfing Northern Rock PLC.
In an announcement this morning, the central bank said it will be holding at
9 am "an exceptional fine-tuning Open Market Operation", which will involve
offering 4.4 bln of exta reserves in a two-day repo maturing on Thursday at the
Bank rate of 5.75 pct.
The BoE said this action "is being taken to help to offset the disturbance
to conditions in the short-term money markets following the announcement of LOLR
(lender of last resort) assistance to Northern Rock last Friday morning".
Since then, the BoE noted that secured overnight money market rates have
again been unusually high relative to the Bank Rate of 5.75 pct.




Federal Reserve expected to cut key rate


WASHINGTON (AP) -
A serious bout of financial market instability has dramatically changed the debate at the Federal Reserve from worries about inflation to concerns about the possibility of a recession.
The Fed is widely expected to cut its target for the federal funds rate, the interest that banks charge each other, on Tuesday for the first time in four years.
Fed Chairman Ben Bernanke, facing his first major test since taking over
from Alan Greenspan in early 2006, has been sending signals that he is prepared
"to act as needed" to cushion the impact on the economy from the market turmoil.
A change in the funds rate, now at 5.25 percent, is reflected immediately in banks' prime lending rate, the benchmark for millions of consumer and business loans. The prime rate is currently at 8.25 percent.
Most economists are predicting that Bernanke and his colleagues will choose
to reduce the federal funds rate only by a quarter point although a few
economists see the chance for a bolder half-point move. But analysts agreed that whatever the Fed does on Tuesday will likely not be the last word on the
subject.



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

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[blockbuy] 18/9/2007 08:33

morning all, well that's a better start to the day.............plenty of blue around helped by the banks who are enjoying a rise...............

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

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[blockbuy] 17/9/2007 19:42

cor, have you seen that????????? The Chancelor has guarrenteed all NRK's customer deposited funds and any bank that gets in similar...............cool...........that should stop some of the panic banking rot tomorrow...........

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

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UK's Darling says govt will guarantee all Northern Rock deposits


LONDON (Thomson Financial) - The UK government will guarantee all deposits
at embattled lender Northern Rock, said Chancellor of the Exchequer Alistair
Darling.
Darling sought to allay fears that the bank could collapse, after a
seemingly relentless run on the bank since news of its financial woes surfaced
on Friday.
"I want to put the matter beyond doubt, in the current market circumstances,
and because of the importance I place on maintaining a stable banking system and
public confidence in it, I can announce today that following discussions with
the governor and the chairman of the FSA (Financial Services Authority), should
it be necessary, we, with the Bank of England, would put in place arrangements
that would guarantee all the existing deposits in Northern Rock during the
current instability in the financial markets," Darling said.
"This means that people can continue to take their money out of Northern
Rock -- but if they choose to leave their money in Northern Rock, it will be
guaranteed, safe and secure," he added.
Darling also said any other bank that required it would be covered by the
government's guarantee.
The Chancellor was speaking to reporters after a meeting with his US
counterpart, Treasury Secretary Henry Paulson.

[blockbuy] 17/9/2007 16:38

despite the volume it did seem very quiet today.............I guess it's all wait until the Fed annoucement tomorrow.............

863 on auction after hours.............just down a few on the day..........

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

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[blockbuy] 17/9/2007 16:23

September rollovers continue to go through..............nice..............

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[blockbuy] 17/9/2007 16:10

another snippet to add to the puzzle..........decent growth then forcast in the IT sector...........

NEW YORK (AP) - Global information technology services spending is expected
to grow 8.7 percent to more than $730 billion in 2007, technology research
company Gartner Inc. said Monday.
Gartner attributed the growth, in part, to increases in core outsourcing
services, which it projects will account for 41 percent of worldwide IT services
end-user spending in 2007. These include IT management, which it expects to grow
year over year to $183.4 billion from $168.2 billion, and process management,
which it expects will increase to $115.7 billion from $104.9 billion.


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

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