Axon Share Discussion Threads

[blockbuy] 18/10/2007 09:35

so retail sales for the UK surprise to the upside for September and August's are upgraded too.............inspite of the Northern Rock thingy..........so that, plus inflation under control, unemployment dropping............well far from me being an expert in macroeconmics but I'd say the UK is in pretty healthy shape right now compared to the end of the world is nigh sayers............

still talk of interest rate cuts next year..................

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

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[blockbuy] 18/10/2007 08:58

morning all...........morning mr.........yes that chart of the DOW looked scary..........just as well I was out else I'd have been well unhappy...........just saw the net result and scratched my head.............fundamentals winning the day again.............

mixed bag out there to start I see..........plenty of companies reporting and dipping on the news ............even if the news is better than expected............QXL is one........beats everything........but dips.........does it most times now..........but does recover and then progresses............

just reading SAP's report.............the forecast is key imo.............

``We'll have another year of strong environment,'' Kagermann said in an interview. ``We see no slowdown in demand from our clients. We expect similar strong organic growth as we see this year.''





SAP's Third-Quarter Profit Rises 10% on License Sales (Update4)

By Kenneth Wong

Oct. 18 (Bloomberg) -- SAP AG, the world's largest maker of business-management software, reported a 10 percent increase in third-quarter profit, spurred by higher license sales.

Net income rose to 408 million euros ($581 million), or 34 cents a share, from an adjusted 370 million euros, or 30 cents, a year earlier, Walldorf, Germany-based SAP said in a statement today. License sales, an indicator of future maintenance and consulting revenue, climbed 11 percent to 715 million euros.

SAP, which won Wal-Mart Stores Inc. as a customer in the quarter, said sales will be at the upper end of its forecast range this year. Chief Executive Officer Henning Kagermann unveiled the $6.8 billion takeover of France's Business Objects SA last week, departing from SAP's 35-year strategy of expanding without major purchases. Oracle Corp., SAP's top rival, has made or announced 35 acquisitions for $31 billion since 2005.

``Three solid quarters in succession should help rebuild confidence in SAP as a growth story,'' said James Dawson, an analyst at Morgan Stanley in London who rates SAP shares ``overweight.'' ``It's sensible for them to say they'll reach the top end of the range of forecasts.''

SAP had been expected to report profit of 415 million euros, the median estimate of 10 analysts compiled by Bloomberg. License sales were seen at 725 million euros, according to a separate survey of nine analysts via telephone and e-mail.

SAP shares fell 45 cents, or 1.1 percent, to 39.15 euros at 9:14 a.m. in Frankfurt. Before today, they had lost 4.9 percent since the Business Objects deal on Oct. 7, and 1.6 percent this year. The Bloomberg World Software Index has risen 11 percent this year and Oracle is up 25 percent.

Sticking to Forecasts

The company said today it will reach the upper end of a sales forecast range given in January, when SAP predicted software and related services revenue, excluding currency fluctuations, will rise 12 percent to 14 percent in 2007.

``We'll have another year of strong environment,'' Kagermann said in an interview. ``We see no slowdown in demand from our clients. We expect similar strong organic growth as we see this year.''

SAP repeated today that its operating profit margin will shrink as much as 1.3 percentage points this year to a range of 26 percent to 27 percent because of increased spending on software developed for smaller companies.

The German company generates most of its revenue from the biggest of its 41,000 customers, such as DuPont Co. and Nestle SA. The market for business software applications such as billing and inventory management may grow 11 percent annually in the five years through 2011, slowing from 14 percent in 2006, according to Boston-based AMR Research Inc. estimates.

Contract Wins

SAP said Apple Inc., a customer since 1995, signed a global enterprise agreement in the third quarter. Wal-Mart will use SAP's financial software globally.

``SAP appears to be focusing more on revenue growth now,'' said Ulrich Trabert of Bankhaus Metzler in Frankfurt, who has a ``buy'' rating on SAP shares, before the release. ``Making acquisitions is the only way to keep up growth rates. That's exactly what Oracle does.''

To extend its customer base, SAP introduced a line of Web- based software dubbed Business ByDesign last month, targeting clients with as few as 100 employees. SAP aims to get $1 billion in annual sales from such customers starting in 2010 and will spend 400 million euros over two years to promote the product.

SAP said its global market share for business software applications reached 27 percent in the four quarters through September, 3.5 percentage points higher than a year earlier.

Currency Effect

As it sold more subscription-based software to smaller companies, SAP has given up forecasting license sales, instead giving a prediction of software revenue including services. That measure rose 13 percent to 1.74 billion euros in the third quarter, meeting analysts' median estimate. Software license sales beat estimates in Europe and Asia, and missed what analysts had predicted in the Americas partly because of the rising euro.

The dollar fell 4.8 percent against the euro in the third quarter, reducing the value of U.S. revenue. The U.S. is SAP's largest market, accounting for 26 percent of first-half sales.

SAP was founded in 1972 by five former International Business Machines Corp. employees, and three of the founders remain the biggest shareholders. The purchase of Business Objects is the largest takeover in its history.

On Oct. 12, Oracle, the world's third-largest software company, made a $6.7 billion hostile bid for BEA Systems Inc., which makes software that connects computer servers. The offer was rejected by BEA Systems as too low.



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

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[mrminister] 18/10/2007 08:34

don't know what happend stateside b.b...still shakeing my head now, was going great guns till 6 then someone opened bernankies beige book to read the minutes or something then bang down 100 points.......

[blockbuy] 17/10/2007 16:44

another very decent day...........even afterhours was productive too........873...............mms open 855-875 which does look a little wide, but hopefully orders bridge that gap like they have the last few days..............

NASDAQ is looking at 2800 again and the DOW is recovering somewhat............defo a tech day today..............

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

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[blockbuy] 17/10/2007 16:09

looking good to shift those mms left on 875 in the last 20 mins............pressure building and techs maintaining very good gains for the day...............

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

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[blockbuy] 17/10/2007 15:37

NASDAQ doing really well.........Techmark continues to shine too...........rally call from the heads of SAP at something called teched............quite long.......




Sap Aktiengesell Ads SAP CEO Kagermann Tells Developers Enterprise SOA Delivered, Outlines Great Opportunities to Engage, Contribute and Make Signifi




Henning Kagermann and Klaus Kreplin Detail Technology and Tools SAP Provides Developers to Deliver Enterprise SOA-based Solutions that Drive Innovation for Companies of All Sizes

MUNICH, Germany, Oct. 17 /PRNewswire-FirstCall/ -- Standing before 4,000 developers, partners and customers, Henning Kagermann, CEO, SAP AG (NYSE:SAP), and Klaus Kreplin, corporate officer and member of the Executive Council, head of SAP NetWeaver Technology, spoke today about the innovative power that enterprise service-oriented architecture (enterprise SOA) has brought to the market and how hundreds of thousands of developers are better positioned than ever to create the next generation of innovative solutions because of SAP's leadership. Kagermann and Kreplin described SAP's steadfast commitment to delivering continuous innovation to the market, with enterprise SOA-enabled offerings based on the solid foundation of SAP's business process platform and the SAP NetWeaver(R) technology platform that are fully available to the market today.


also I see SAP are buying anther company...........the competition with Oracle is heating up............

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

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[blockbuy] 17/10/2007 14:40

back from lunch now..........more X trades went through earlier I see............volume picking up too...........

good to see the mms moving up steadily.........NASDAQ very firm and briefly went through 2800.............techmark outperforming the usual FTSE indexes too..............

nice..........

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[blockbuy] 17/10/2007 13:03

oh.......that's nice.............X trades at 872.5..............the offer price and and not the mid.............

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

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[blockbuy] 17/10/2007 12:44

yeah yeah sm.........we know...........feeling smug then...........lol...........

UK up over 1% now......US futures are very strong...........and plenty of blue around today.............could see 14,000 on the DOW again.........hopefully 2800 for the NAS........

Carlsberg, Heineken Are in Talks for Joint Bid to Buy Scottish & Newcastle

JPMorgan Third-Quarter Profit Climbs to $3.4 Billion, Beating Estimates

Altria Net Rises 19 Percent on Cigarette Prices, Marlboro's Market Share

Coca-Cola Profit Gains 13 Percent on Sales Growth in Asia, Latin America

European Stocks Advance, Led by Infineon, ST; Danone, Carrefour, ASML Rise

United Technologies Net Rises on Sales to Airlines, Overseas Governments


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

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[shareman2] 17/10/2007 12:33

Been saying tech stocks are the way forward
Will be plenty of sector interest now imo
Financials are kitchen sinking everything they can find in q3
Better q4 imo

[blockbuy] 17/10/2007 12:11

this has just come through............so does that make us 5.86% supporters of AFC Ajax????? lol.............

AEGON to Become Main Sponsor of Renowned Dutch Soccer Club AFC Ajax





THE HAGUE, The Netherlands, October 17 /PRNewswire-FirstCall/ -- AEGON has signed an agreement in principle to be the main sponsor of AFC Ajax, one of Europe's best known soccer clubs, beginning with the 2008-09 season. As part of the agreement, the AEGON brand name will appear on the Amsterdam-based club's famous red-and-white game jerseys.

As a result of its many successes, Ajax has attracted a large and enthusiastic fan base around the world. Sponsoring the club will help support and strengthen AEGON's brand-recognition as the Group continues to expand its international presence in the months and years ahead.

Member of the Management Board AEGON N.V. Johan van der Werf said: "This is a wonderful opportunity for us. AEGON and Ajax have strong ambitions and share a similar outlook. We both want to be the best at what we do. Just like AEGON, Ajax has strong roots in the Netherlands but is recognized around the world. For many years, Ajax has been one of the leading teams in Europe and we are honored to have the opportunity to sponsor such a renowned and quality soccer club."

Under the agreement, Ajax will receive between EUR 10 million and EUR 12 million each season from AEGON, depending on the team's performance. The sponsorship deal, which will be finalized in the coming weeks, is initially expected to run for at least seven years.

Ajax has long been a major force in Dutch soccer, winning 29 national league titles since the club's first in 1918. In addition, the club has also enjoyed success in Europe, lifting the European Cup on four separate occasions. AEGON's long-term support will help Ajax maintain and strengthen its position as one of the continent's elite clubs.

AEGON already makes a significant contribution to sport in the Netherlands and this new partnership with Ajax will act as a complement to the Group's existing sponsorship of the Dutch national skating federation. "AEGON's support for skating in the Netherlands goes back thirty years," said Mr. Van der Werf. "Our relationship with the national skating federation is a long-standing, successful partnership, built on trust. Over the years, it has gone from strength to strength. That is what we want with Ajax. That is what we are working toward."

About AEGON

AEGON is one of the world's largest life insurance and pension companies, and a strong provider of investment products. AEGON empowers local business units to identify and provide products and services that meet the evolving needs of customers, using distribution channels best suited to local markets. AEGON takes pride in balancing a local approach with the power of an expanding global operation.

With headquarters in The Hague, the Netherlands, AEGON companies employ approximately 30,000 people worldwide. AEGON's businesses serve millions of customers in over twenty markets throughout the Americas, Europe, and Asia, with major operations in the United States, the Netherlands and the United Kingdom.

Respect, quality, transparency and trust constitute AEGON's core values as the company continually strives to meet the expectations of customers, shareholders, employees and business partners. AEGON is driven to deliver new thinking with the ambition to be the best in the industry.

[blockbuy] 17/10/2007 12:06

mms are orderly moving up..............

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

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[blockbuy] 17/10/2007 12:03

most of the tech companies reporting at 12 on bloomberg are beating estimates...........markets are on the up.............

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

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[blockbuy] 17/10/2007 12:01

just out.......JPMorgan beating estimates................

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

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[blockbuy] 17/10/2007 09:49

blimey yes sm.............JSPC-i.............can't believe I forgot that one...........wonder if they'll announce when all cleared by the courts?????

looking good generally............even the US futures are up..........

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

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[blockbuy] 17/10/2007 09:11

morning all...........morning sm............yes saw that from IBM..........hitting profit numbers, slightly up on revenue and no major bumps forseen upto 2010...........so decent forward looking too...........Intel came in above the higher end and upardly revises the next quarter..............can't remember yahoo.......but they beat estimates I think..........

so yes looks a like a decent shot in the arm for techs today..............looking around too something happened about 25 mins agao as the general markets have turned from evenly mixed to more blue............

CAP Gemini and SAP, Logica up 2%...............

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

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[shareman2] 17/10/2007 08:10

Spolight on techs today
Following ibm nad intels numbers lastnight
Golden tech era coming imo

[shareman2] 16/10/2007 16:42

In March 2007 the company tabled a friendly offer to take private JSPC
i-Solutions Berhad (JSPC-i), a leading SAP Consultancy for the Malaysian,
Singapore and Chinese markets. JSPC-i is listed on the MESDAQ Market of the
Malaysian stock market, Bursa Malaysia Securities Berhad, and the offer to take
private will be by way of a selective capital repayment exercise. This deal is
subject to approval from the High Court of Malaya which is expected in October
2007. An amount of #440,000 was placed in escrow in April 2007 with a further
amount of #8,683,000 being deposited in July 2007.


A write up here detailing the potential



That rich vein of china awaits

[blockbuy] 16/10/2007 16:32

at the close then the mms are spread 850-869.5..................very good volume backs up the rise............and if you look at the previous 3 days trading the retreats have been on low volume............so a very good indicator imo..............

afterhours is currently looking 858........but it's early yet...........

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

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[blockbuy] 16/10/2007 16:27

your gonna have to remind me about that sm....................

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

[shareman2] 16/10/2007 15:59

Could be a decent leg up starting bb
As memory serves news is due this month
Im in for another 30

[blockbuy] 16/10/2007 14:27

well from nothing to very decent volume and positive action in a couple of short hours.............

1st selling mm is ABNV on 869.5..........the rest are 870+...........very keen action at the mo...........

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

;-)))))))

[blockbuy] 16/10/2007 13:01

what you and Joe on hols............I'm defo in the wrong job............lol...........

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