Axon Share Discussion Threads

[mrminister] 16/10/2007 12:59

yes time we had a bit our way....

i'm of to cornwall next week so that should do the trick....

[blockbuy] 16/10/2007 12:49

and PMUR just ticked upto 865.........looks like a turning point maybe?????????

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

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

[blockbuy] 16/10/2007 12:47

well there's a pleasant suprise............WINS moving up to 860 on a flurry of trading at 850...........

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

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

[blockbuy] 16/10/2007 12:22

a little busier than yesterday but still very quiet...........VOD only 75m traded..............

markets off their lows of the day...........even some positive action for Axon today.....

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

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

[blockbuy] 16/10/2007 10:52

U.K. Inflation Rate Matches Lowest Since March 2006 (Update2)

By Jennifer Ryan

Oct. 16 (Bloomberg) -- U.K. inflation unexpectedly held at the lowest since March 2006 last month as the cost of energy and clothing fell, giving the Bank of England scope to protect economic growth by cutting interest rates.

Consumer prices rose 1.8 percent from a year earlier, the same as August, and below the central bank's 2 percent target for a third month, the Office for National Statistics said in London today. Economists predicted 1.9 percent, according to the median of 33 forecasts in a Bloomberg News survey. Inflation excluding energy, tobacco, alcohol and food slowed to an 11-month low.

Bank of England Governor Mervyn King said on Oct. 9 that policy makers are gauging the effects of higher credit costs on the economy as they keep up their guard on inflation. Economists say the bank probably will cut the benchmark interest rate from the current six-year high of 5.75 percent in coming months.

``Inflation doesn't look like it's a barrier to rates coming down,'' said David Page, an economist at Investec Securities in London. ``If monetary policy is going to be eased, it's because of concerns about the credit squeeze. We see a cut as soon as November.''

The pound fell about 0.1 percent after the report to $2.0366 as of 10:13 a.m. in London. The currency reached a 26-year high of $2.0654 on July 24, reflecting five interest rate increases from the central bank in the preceding year.


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

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[blockbuy] 16/10/2007 09:33

excellent inflation figures there............1.8 and 0.1..........expected 1.9 and 0.3.............both numbers lower than expected and therefore more fuel to the fire that inflation under control.............

that should lift the chances of a rate cut.............

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

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

[blockbuy] 16/10/2007 08:45

morning all...........another mixed start today then........looks like banks out of favour................oils probably doing well with the elevated oil price...........haven't checked yet............

fingers crossed on the inflation front at 9.30..........talks of a possible cut in rates down the road............

U.K. Inflation May Hold Below Central Bank Target a Third Month

By Jennifer Ryan

Oct. 16 (Bloomberg) -- U.K. inflation probably stayed below the Bank of England's 2 percent target for a third month in September as clothing and furniture costs fell, a survey of economists shows.

Consumer prices may have risen 1.9 percent from a year earlier, compared with 1.8 percent in August, according to the median forecast of 33 economists in a Bloomberg News survey. The Office for National Statistics will publish the data at 9:30 a.m. in London today.

Bank of England Governor Mervyn King said last week the bank won't lower its guard on inflation, which accelerated to a decade high in March. A rate below target may reinforce expectations that the central bank won't change its main interest rate, currently at a six-year high of 5.75 percent, again this year.

``The big issue is inflation expectations, which have not come off in line with the actual out-turn for inflation,'' said Amit Kara, economist at UBS AG in London. ``Inflation around target should give comfort to policy makers. We see rates on hold for the rest of the year.''

Kara lowered his U.K. interest-rate forecast by a quarter- point yesterday, and now sees the benchmark falling to 5.25 percent in May after a quarter-point cut in February.

Of 18 economists surveyed Oct. 12 by Bloomberg News, 12 predict the bank will lower its rate by a quarter-point in February. Four expect a rate reduction in November.



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

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[blockbuy] 15/10/2007 21:19

well look at that..........not far off getting back to 14,000...........just tuned into doomberg and all the interviewees seem rather chilled saying just a healthy pullback day and thats all it is...........thankfull of the ret.......to be honest it all felt rather orderly all day..........and quiet............

UK futures are up for the morning..........and already the US futures are back above 14,000.............may grab a few early doors if things look good...........

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

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[blockbuy] 15/10/2007 17:18

have a good time Joe............I remember well.........same effect when mr goes on holiday too...............

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

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[joestalin] 15/10/2007 16:38

I am off on holiday again tomorrow. You know what happened the last time - more of the same please.

[blockbuy] 15/10/2007 16:38

well 848 then................and I'm thinking of putting a couple of quid on the DOW closing back above 14,000..............

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

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[blockbuy] 15/10/2007 16:33

hardly anything happening in auction either..................850 looking the close.........

hopefully a generally more active day tomorrow............


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[blockbuy] 15/10/2007 16:06

by a couple of pennies Joe, but then you get the shares to benefit from the divi.............the larger buyers no doubt wait for shares to drop and buy them on the dips so as to benefit from the subsequent rises and divi...........sounds like a decent plan that..............

one hell of a long drawn out day this............no real action anywhere..............volume is dire........which probably accounts for the general sell off today.................almost drip feeding if you know what I mean..................almost looking forward to the markets shutting for the day...........

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

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[blockbuy] 15/10/2007 14:46

ah, there is some economic data...........

US October Empire State manufacturing index rebounds to 28.75 UPDATE




(Updates with details, analyst comments)
WASHINGTON (Thomson Financial) - The Empire State manufacturing index nearly
doubled to 28.75 in October as both new orders and shipments rebounded from
September declines.
Economists had expected a small drop to 14.40 after the index's 10-point
plunge to 14.70 in September.
In the October survey of manufacturers in its district, the New York Federal
Reserve Bank said the new orders index rose to 24.97 this month from 13.57.
Shipments recovered almost all of their 23-plus-point September drop, rising to
28.59 from 5.09.
Ian Shepherdson at High Frequency Economics said: "There is very little
chance this huge leap will be replicated in other surveys." Rather, he believes
it's a return to a pattern in which "the headline index from this survey has
hugely overshot compared to other industrial surveys over the past couple of
years. It probably just means the gap is widening again."
The unfilled orders, delivery time and inventories indexes all "hovered just
above zero" according to the New York Fed. October unfilled orders were at 3.49,
delivery time at 2.33 and inventories at 3.49 -- none substantially different
from where they were last month.
Employment indexes were positive, with the number of employees component
hitting 20.51, its high for the year, up from 18.22. The average workweek was up
considerably, to 23.26 from 9.57, the highest reading since March of last year.
The prices paid index was essentially steady, up to 36.05 from 35.11,
probably on energy costs. Prices received index from 11.70 to 15.12 still
indicating a lack of pricing power and limited pass-through inflation pressure.
"It's good news but the market seems to be dismissing it as regional," said
Jeoff Hall at Thomson IFR Markets. He disagrees and thinks "they should sit up
and take notice, however, as there is an 80 pct correlation between the
unweighted sum of non-price Empire State components and the ISM headline index.
After weighting Empire's components like that of ISM, you would have the highest
ISM reading since March 2006 -- 56.9."
The Empire State survey is another sign that the financial market credit
crunch has had little or no spillover into manufacturing.


looks to be good news.............

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

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[joestalin] 15/10/2007 14:43

divi xd day will reduce the share price surely?

[blockbuy] 15/10/2007 14:38

very very quiet..........even the states looks lethargic at the open...........only 63m in VOD traded so far.............

anyhow.........first selling mms are at 860 now.........nothing between the 368 at 853 and that................

divi cutoff day coming up.................

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

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

[blockbuy] 15/10/2007 11:53

shows how quiet it is today...........it's taken the mms a good few hours to work those orders through.............and VOD is still not even at 40m volume............

seems there's no major US economic news today so should be quiet all afternoon...........

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

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

[blockbuy] 15/10/2007 09:06

morning all..........morning sm.....good weekend????.....another early start for you then.........

well look at what the states did Friday........gained back pretty much all of Thursdays losses.............UK opens and trades flat plus or minus a couple..........and there's a right mixed bag out there during the crazy Monday morning first hour................

another contract for Capita then............Xansa's takeover timetable coming to conclusion...........well done to them and anyone who made a packet on the premium - and boy was that some premium!!!!!...........BNH holding it's gains from it's takeover..........but NRK taking a hit today..............

and can someone explain the Hang Seng please????????? up down round and around.........something like +9000 in under a month!!!!!!!!!!

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

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

[shareman2] 15/10/2007 08:13

Another shopping spree for me this week
Great week last week
Been a great october already

[blockbuy] 12/10/2007 16:33

flurry of buys there at the end...........and look the FTSE closes up.........DOW up 0.5%.....NAS up 1.1%.............so by rights a little spring back to the tune of 20p then during Monday/Tuesday..............

yes mr............does my head in sometimes.......should have dropped no more than a say to low 870's today based on where things are now........but that's the way it goes...........

864 ish afterhours at the mo............

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

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


edit.............862 then.............and did you see the floor laid with all those mms at 850..............that looked rock solid..............

[mrminister] 12/10/2007 16:28

yes a good week again no complaints from my direction....shame today took the shine off a bit....

all my u s stuff flying and back to pre 7pm again...nice..

[blockbuy] 12/10/2007 16:08

well sm........looks like your spot on today..........they're looking to keep a lid on it............still, another positive week.............higher highs and higher lows (the higher low bit being today)...........the US markets are holding their day's gains......the UK recovering most of the losses into the last 30 mins............SAP is up 2% and Axon's the share price today dropped intially on very very low volume which triggered others...........

mms gather up the stock and we wait patiently again until they're ready to move..........hopefully next week...........

out the door sharp after afterhours today........they've had tooooo many hours out of me this week..............

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

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

[blockbuy] 12/10/2007 15:45

make that 655..............

lol.........

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

[blockbuy] 12/10/2007 15:44

yes sm.......very quiet.......mms loving it as usual.............again, next to nothing now upto 870..............1400 in total..............

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

[shareman2] 12/10/2007 15:38

Profit taking from those in lower
Low volume drop
Strong platform for the next buying cycle to bust £9