Been buying these since mid oct last year - soon after their profit warning. Management have been changed - new contracts gained and a complete reorganisation. I am not currently trading them but buying a few in the dips and accumulating. I have several good contacts and happy to continue buying.

seems to me we were in such a dip today and have therefore added a few


ains


Share price at start of thread 50.5 mid - current 86p - gain 70.3% (13/05)

currently 57/60p and marking time - despite the heavy market falls ..... I am looking to add a few in any dip from here


ains


LONDON (AFX) - Xansa PLC said Jo Connell, executive director, will retire from the board and leave the company on March 31 2003, having completed her management of the company's streamlining programme.
The company announces the appointment of Lord Wilson of Dinton GCB, formerly Sir Richard Wilson.

He was formerly Secretary of the Cabinet and Head of the Home Civil Service until September 2002.

pushing ahead of the market today - up over 3% @ 60/61p on higher than average volume

Up again today .... just ahead of me wanting to buy a few more .... that's life

Volumes are normal @ 476K - up 3.15% @ 64/67p

Up again @ 66/69p a new recent high - Sage comment has got the sector moving this morning - I am expecting a high volume day - currently heading the FTSE250 riser Board :-))




ains

As we promised earlier - vols are high - already well above the daily average and although we have slipped to 8th in the riser board we have ticked up a little more at 67/69p up 2p or just over 3%. This is a 4 month high :-))


ains

ainsoph posts 25 others ,er nil,
seems like you agree with yourself there then.

Who cares ..... still making nearly 40% ..... and thats a lot of dosh as I hasve several units in this one :-)) maybe a couple of hundred + profit per post :-))

volumes over 1.4 million now or twice the daily average

blah blah blah--will make up for some of your other heavy loosers--still buying VOC?

volumes now over 6.3 million and up 3.8% :-))

ainsoph 28 others two

Closed at 67/70p with 6.7 million shares traded - up 3.8% on the day and 35.64% since we started 8 weeks ago ......


ains

Here we have a lovely example of someone trying hard to ramp 'em up, yer a real 'city slicker' aint you ains.

Seems to be working ...... from 50.5p to 68.5p in two months :-))

Dipped down earlier with the market but substained buying has pushed them back up again ..... over three times the normal daily volume at 2.2 million shares traded.

They got a mention over the weekend in the article about companies that are likely to become M+A targets in the near future.

My shares are all in nominee accounts and forgot we received the 1.08p divi a week or so ago ..... all adds up if you hold lots.


ains

Ains
Xansa have a very large AESOP (share ownership) scheme. Do these shares have to be bought via the market? If so it would account for some of the huge trades that are seen from time to time.

Yes xfg68 - they do encourage share ownership amongst the staff and they are bought in the market by the House broker and yes there are days when this would account for the heavy volume .....

I understand the people in charge of their scheme are currently doing the rounds in terms of encouraging participation.


ains

Ains
Thank you for the quick reply.

A while back Xansa were the prefered tender for a Consignia contract. Did this ever materialise?

Not sure but have asked the question - last thing was on the 21/10 where they were said to be the preferred bidder but details to come when contract was signed. They have been a Xansa client for around 5 years so would have expected it to happen as and when ..... maybe something has held it up.



ains

BTW this explains the early morning weakness


LONDON (AFX) - Shares in both Hays PLC and Xansa PLC were expected to open easier in early morning London trade today after news of downgrades to ratings for the two firms by UBS Warburg, dealers said.
The Swiss-owned broker is said to have reduced its stance on both groups to 'neutral' from 'buy', citing valuation grounds.