Axon Share Discussion Threads

[ringer12] 17/4/2008 14:12

Methinks this share has a jinx. On the very day it appeared we might have a plus the FTSE takes a dive. Will it be plus at 4.35?

[blockbuy] 17/4/2008 12:21

hey whats that????????

nice..........

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

[ringer12] 17/4/2008 12:06

I had a hunch it might Turn blue to-day as I just sold a few yesterday. That usually does the trick!

[blockbuy] 17/4/2008 11:24

thanks Steva, all the forward looking diary things have it as today...........where does it say the 25th ????????

and just totalled 6 listings of 330k shares..........total of 1.98m shares links to an options scheme...........

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

[martpow] 17/4/2008 10:24

Axon just went blue ???

[martpow] 17/4/2008 10:22

Is anyone going to the AGM. A brief report would be good

[steva] 17/4/2008 10:01

AGM is on 25th April

[milacs] 17/4/2008 09:52

ringer12

I agree, if the yanks who have a 'can do philosophy' cannot make it work what makes us think we can.

Ashtead AHT is a good example.Share price before buying into the US 200p now it is 60p.

M

[blockbuy] 17/4/2008 09:29

morning all............isn't is AGM day today?????????

[ringer12] 16/4/2008 17:51

Milacs.56% appears too good..I reckon it is over 60%. Of course you could say that it should never have been as high as it wasin the first place.
I suppose if a sizable proportion of their business is in the US that is not exactly in their favour at present with the decline in the dollar. I have never had any success with UK. companies buying business,s in the US. In fact one or two have been complete disasters though I'm not including Axon in that.
Could it be that we will not see any improvemaent until the Dollar recovers.Can we wait that long? After the tech bubble burst it took two/three years before there was any real recovery.

[milacs] 16/4/2008 17:03

Come on guys down 56% in five months is some achievement.

Any excuse from our management?

Surely a RNS is due outlining the reasons for such a massive fall.

M

[ringer12] 16/4/2008 15:50

RE Directors. Not much chance of them buying any sizable quantity if they can get them for nothing! Another dismal performance to=day. OK I suppose if you don't own them!

[ringer12] 16/4/2008 11:50

Unfortunately at the moment for those who have held on to this share it is the share from hell!. You can,t even get a plus from it when tha FTSE goes up 200/300points.

[martpow] 16/4/2008 10:07

Once the US reinstate the bull market which will occur very soon - then smaller caps and IT will be back in fashion. There is no evidence that Axon's growth has slid.

Market PE's are at a very low point ( UK about 12 against a market average 18 and a peak circ. 30 in 2002/3). Predictions are that Corporate profit growth will continue to grow but a a reduced rate which will hold up the PE.

Once confidence is regained and it is realised that the credit problems are not really effecting the main market. Off we will go -FTSE will exceed 7000 and Axon will again spread wings and fly.

[martpow] 16/4/2008 09:54

Ref. Share incentive scheme March 2005

This was noted on this board back in March and Wilmdav checked it out. Please see his conclusion below:

Quote --

No... See Note 28 of 2005 Annual report.

Options were not granted until 12/10/05. Excerciseable between 12/10/08 and 11/10/11. Price has to average 250% of 200p (450p) over 20 days prior to excercise.

Something to be aware of in October but can't see excutives rushing to sell if price remains around current level.

[milacs] 15/4/2008 20:50

fieldhouse

No wonder the price has fallen.

Anyone with this info would have shorted prior to Mar 3 knowing that AXO employees would certainly be selling their incentivised shares.

How much filthy lucre did you make?0-)

In fact you could have bought in Feb when the price was below 500 knowing that the price would be raised above this level to fulfil the requirements, then shorted on Friday the 29th of Feb to maximise profits on the up and down.

What a wheeze.

M

[milacs] 15/4/2008 20:34

fieldhouse

They are little treasures aren't they.

M

[fieldhouse] 15/4/2008 20:01

r12
The directors gave their own shares to their staff to incentifise them.not sure how the mechanics work,only know it was three years ago in march.could
be just a coincident!!! have a look yourself,just go into the historical news on this page.go back to the 05 yr end results.

[ringer12] 15/4/2008 18:27

Fieldhouse. Did the directors get these shares free. If they were exercised shouldn't they have been reported?

[mrminister] 15/4/2008 14:57

still bears no fruit despite the big footsie rise.....

edit : that seemed to do the trick...

[fieldhouse] 15/4/2008 12:59

Have been looking back at the historical news.In march 2005 the founding Axon
directors placed in an Executive reward scheme 4.9 million shares.Option to be
exersised in three years time provided the share price had risen 150% ie £5

5th march 08,exersisable date, share price tanks QED

[ringer12] 14/4/2008 17:21

Yes I can,t see any real signs of good newa anywhere and all the media reporting..a lot of which is unsubstantiated..doesn't help. Seems to me if company profits start to fall,which seems almost certain, there is only one way the shares can go. Incidently can anyone make sense of the Bid/offer spread at the close...another of he MM,s little tricks perhaps1