I love this little beast but the trading patterns leave me confused. Where next 6p or 10p?

Thanks for talking!

Things are rather quiet here any thoughts?

A buying opportunity?

I am not going to buy any more, but I'll hang on for the next news. If ACT fulfils its profit expectations of 800k profit for the current year, then we should be looking at about 10p.

This must be the only fashion chain that's not buzzing. See Laura Ashley, ASOS, Alexon, M and S etc etc

Yes that's right - so small it's below the radar for the institutions...

I think the name is the biggest problem -people know Elle but not Actif!

tif Group PLC
12 July 2004



Actif Group plc

Trading update

At the time of the interim results announced by the Company in March this year,
the Chairman reported that good progress had been made towards increasing sales
and margins of Elle merchandise across both the wholesale and retail
distribution channels. However he also stated that the Group was finding
post-January trading in its retail formats to be unpredictable and took a
cautious view about the short term outlook for Elle retail.

Since then retail trading conditions in Elle prime stores and concessions have
deteriorated sharply resulting in total retail sales for the 23 weeks since 31
January 2004 being 14% below last year, which represents a like for like decline
of 18%. This is attributed to difficult market conditions, where the cool, dull
weather since Easter contrasts sharply with the prolonged spell of hot, sunny
weather enjoyed last year. This is a similar situation to that being experienced
by other High Street clothing retailers, but has been exacerbated by a poor
performance of High Summer ranges, especially within the Tops category, which
accounts for approximately 50% of the retail sales mix.

This sales shortfall will have an adverse impact on profitability, and the Actif
Group Board now anticipates that the outcome for the year to 31 July 2004 will
be significantly below market expectations, coming in at around the break-even
level. The Group continues to generate good cashflows and net debt at the end of
the year is anticipated to be in line with last year at around 1.1m, following
capital expenditure of 0.7m.

Sales within the wholesale business have remained strong, building on the growth
seen in the first half, with full year sales increasing by 35% on last year.

Mark Evans, Chief Executive of Actif Group comments:

'This is a disappointing set back to the profit recovery of the Group,
particularly given the improvement in the wholesale division. The weakness in
our retail summer ranges has been compounded by more challenging market
conditions.

The necessary actions have been taken to address the product weaknesses
highlighted in the Spring / Summer season and the results of these actions are
evident in the strength of Autumn / Winter 2004 wholesale sales.

We remain confident in the Elle brand appeal in the UK market and in our future
development.'


GREAT....................

I still think they're an amazing bargain. Where else can you get such a well known national brand name for only 3m, with such insignifant debt? If I was a little braver I'd bid myself.

LONDON (ShareCast)13/7/2004 - It was a mixed day for London's small caps with shares in Actif Group (LSE: ACT.L - news)FALLING SHARPLY AFTER ISSUING A PROFIT WARNING LAST NIGHT. It is 4.25p.
The sports goods retailer said full-year results would be "significantly below market expectations" after a sharp fall in sales.

It's so like French Connection and next a decade ago! A small holding is surely worth the risk?

Why is the gap so large between the buy and sell price?

Ok, it's wrong!!!!!!!!!!!

I phoned HL yesterday for a price and it was 4-5p, not to be put off, I asked the chap to check, within moments I'd bought more of this little darling for less than the quoted mid price -What's happening?

The results are coming and they are unlikely to sparkle, but that's retailing, and they've warned us.

But if the results slightly exceed those of the interims, they'll be well up on last years.

Minimal debt, an establihed brand name, national coverage and change out of 4 million -They're having a laugh! But who will win

Market value of less than 3 MILLION!!!

A BRAND NAME.

NATIONAL RECOGNITION AND COVERAGE.

LOW DEBT.

BUT, AN IFFY TRADING STATEMENT - AM I A FOOL STILL BELIEVING? -PLEASE SHARE YOUR THOUGHTS

Have a look at the results

The profits aren't great - but they're positive and sales are well up on a good point last year.

The market makers are being stupid 3.5- 4.5p yesterday, but I bought more for 3.9p Its mad!!

Why does nobody care?


It was the same with Arcadia and Bhs

Come on!!!!!!!!!!!!!!!!!!!!!!!

JRM - it's a dog, let's face it. A year ago it was 8p. I lost a lot of money on this and I baled out ages ago.
Better to accept reality and put what's left into something else.

We should have been in ASOS!

A nice buyer today. A person with knowledge?????

Does anyone have a date for results and/or any clue on xmas trading?
looking at the chart im not sure if anyone holding act is still alive?? Am going to treat this more as a British photographic mission to Mars with a high likelihood of no reply.

They don't do things as common as trading statements! The next statement is due in late March.

I must ring JD Sport to tell them about this gem. It's typical of their recent purchases.

The market makers must be open today!

I think the trading statement is good. Ok over the 28 weeks there is a dip but look at Christmas 6%+

Any thoughts?