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)

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.

Xansa plc (the 'Company') announces that it received notification on 22 April
2003 for the purposes of Section 329 of the Companies Act 1985 that at 21 April
2003 Xansa Trustee Company Limited, trustee of the Inland Revenue approved Xansa
All Employee Share Ownership Plan ('AESOP') had sold 3,003 Ordinary Shares at 67
pence each to and on behalf of participants leaving the AESOP.

The AESOP Trust is a discretionary trust for the benefit of employees of the
Company and its subsidiaries, which operates in conjunction with the Company's
AESOP and holds Ordinary Shares purchased by employees under the Partnership and
Matching shares section of AESOP as well as holding Ordinary Shares required for
Matching.

Executive directors who are potential beneficiaries of the AESOP are;

Mrs L K Barrat
Mr A R Cox
Mr P R Gill
Mr S R Weston
Mr A L Wood

The total holding of the AESOP Trust amounts to 13,905,879 Ordinary Shares.


22 April 2003

fidelity investments now hold 24.9 million shares or about 7.45% of the total



ains

We are now at a 7 month high with a 3.65% gain first thing - 70/72p

The house broker UBS Warburg downgrades its recommendation to 'neutral' on expectations the IT services firm is set to release a trading statement, dealers said.

UBS, which formerly rated Xansa a 'buy', cut its target price to 62 pence from 70. The broker expects Xansa to issue a trading update at the end of April, in line with its normal practise at the end of each half. "We are hopeful that results will emerge broadly in line with expectations," UBS told clients. Market conditions are expected to have remained "flat at best" as previously anticipated, it reckons, while streamlining will have reduced costs significantly.

UBS forecasts Xansa to show a pretax of 27.6m before exceptionals and distribution of shares. This compares to a market consensus of 26.5 mln, it said. However, UBS pared its enterprise value for Xansa to reflect the firm's pension fund deficit as debt-like obligation. It has an estimated 42m post-tax deficit on an FRS17 basis. "We continue to believe that the group is well-positioned for the long term," UBS assured.

Finals are due on the 25th June and XANSA will be issuing a trading statement towards the end of this week. I expect this to be upbeat as the new strategy programm is now completed - lot of work going to India (cost savings) + talk of a new utility collaboration/contract (final bills for those moving house).

I have been adding a few and now hold a fair number.




ains

I have been adding a few and now hold a fair number.




ains
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


LOL@KDC

Share price at start of thread 50.5 mid - current 71p - gain 40.59% (28/04)

Good start to the day - US markets were well up overnight and our markets following suit .... XAN up 3.57%@ 70/75p ..... a 7 month high




ains