Koutousov
12 Jan 2016
Hays share price - correction Sorry, the interim announcement is not due this Wednesday but late next month. Would still like to know why the share has taken a tumble, though.
Koutousov
12 Jan 2016
Hays share price Does anyone know why Hays share price has fallen over four percent this morning? The company is due to report on Wednesday. Hope this doesn't mean an insider knows the report will contain some nasties and is getting out early. Ideas?
II Editor
08 Oct 2015
NEW ARTICLE: Hays hit, but on track to double up "Just two months ago recruiter LSE:HAS:Hays was confident its five-year plan to double operating profit to £250 million by 2018 would succeed. It's still on, but it is getting increasingly difficult to beat last year's numbers. Net fee growth ..."[link]
onedb1
19 May 2015
I closed too soon and I knew it... Fool award goes to me ! On the lower priced stocks I am in at times as high as £200 a p so every penny not earned is quite disappointing !! What hurst is knowing you closed to early too
onedb1
18 May 2015
Closed at 164 exactly not sure if I did the right thing I banked 6.5p which was quite a bit less than I had intended , ( target 170 -180 ) av entry 157.5 . I missed the 150ish double bottom which really annoyed me despite having identified it But I had to clear up a few trades for another idea . At any rate closed another in profit so happy days All the best and I shall keep on monitoring for a new trade
onedb1
08 May 2015
happy days !! Up 5p for me on my SB . Only real bad move was not buying at that 148/49 etc level ! Almost the double bottom . Especially when the bullish engulfing candle was formed , even in the low 150s would have been good. But as the exit polls were out at 10pm there was not much I could do to lower my average of 157.5 . Still am back to my original belief , 180p target .
onedb1
27 Apr 2015
Bit disappointed so far or bored but still remain in at 157,5 The last candle is not quite a hammer but low volumes for now don't suggest a break out . Higher lows will keep me following this trend Am in with a view that 180 should be achieved. The minor breach of the 50sma should be supported on the chart with a trendline that shows how we are hitting the lower trending support line . Started in JanSo far there is no decisive breach and volume has not supported one , So i remain long especially as recruiters seem pretty buyoant and the FD interviewed on Bloomberg suggested continous growth and continued good performance Chart wise the share has tended to move up then retrace only to trend up again . The pattern is pretty self evident . I hope it continues in line with most broker expectations of 180 to 190 targets . Its also interestign to note that fib retraces tend to happen on the 76,4 level , I jumped the gun at 61,8
onedb1
21 Apr 2015
Bounce off the 61.8 fib both on the 4hr and daily chart . What a perfect rebound . Am long slightly higher here at 157,5 Should have waiting for the 61.8 fib retrace ( around 155.8 on the 4hrs and same on daily ) but jumped the gun . My mistake . MACD now turning and RSI reached it day low now rebounding , a cross over 50 would be good , so am guessing a 157.5 plus close would be nice , then back in the 160s . Target is still unchanged at 180
onedb1
20 Apr 2015
Re: Another IC sector article r21442,Good article . I think 180/190 will be achieved here this year. Inline with most broker reports. The figures are not too hard to digest in this business and the chart does seem to find support at the 157/158 level . The pattern has been to plateau for a while then resume the uptrend . Anyway am in at 157.5 average now . So lets see . Its a quiet sb . targeting 180/190 . I can if necessary average down to capture an even lower average .
r21442
20 Apr 2015
Another IC sector article Recruiters Michael Page International (MPI) and Hays (HAS) have reported strong first- and third-quarter results respectively, although both sets of trading figures were marginally behind consensus forecasts. Hays achieved group net fee income (NFI) growth of 8 per cent on a constant currency basis during the first three months of the year, compared with consensus estimates of 9 per cent. Michael Page increased its NFI by 11 per cent, just shy of 12 per cent consensus estimates. Hays' Asia-Pacific business put in the best performance, delivering 9 per cent NFI growth. In Japan, at one of the group's four "future material profit drivers" and its largest Asian business, NFI rose by more than a quarter. Unsurprisingly, macroeconomic factors continue to drag on the recruitment industry in Brazil, where NFI was down 14 per cent for Hays. But its German business showed signs of a turnaround, posting 4 per cent net fee growth, as the group added 40 consultants to the business. Finance director Paul Venables said the group intends to repeat this during the next quarter, as it seeks to take advantage of the opportunities presented by the country's immature recruitment market.While NFI for the UK and Ireland business grew 8 per cent, it slowed through the quarter. Mr Venables said public sector clients had been more cautious due to the upcoming general election. He also cited "tougher comparables" with last year, when its domestic business delivered its strongest NFI growth in six years at 14 per cent. First-quarter results for rival Michael Page told a similar story. On a constant currency basis its Emea business fared the best, with NFI up 12 per cent. Southern Europe and Germany were particularly strong, growing 29 per cent and 17 per cent, respectively. Its US business faced tougher comparatives and grew 7 per cent on a constant currency basis, offset by a stellar 35 per cent NFI surge in Canada. Chief executive Steve Ingham said NFI performance in the US was also depressed due to extreme winter weather conditions on the east coast. IC VIEW:The recruitment sector has enjoyed a good run over the past six months. Weakness in Brazil and Australia for the recruiters is hardly surprising. But the improving economic situation in Europe should provide higher candidate churn, boosting NFI. Shares in Hays and Michael Page are up 28 per cent and 19 per cent respectively since we first tipped them. However, with both groups' conversion rates still some way off their pre-financial crisis peaks, we expect more upside to come. Buy.
onedb1
17 Apr 2015
157 or 158 bounce off 157 = 50 sma 158.2 21 sma Both seem plausible entry levels . Recent trading update was good as was the outlook . Today's fall and recent fall may just be down to overall market weakness. I'd say this may well be a good entry targeting 180/190 which is around where most brokers have their Hays target . Lets see . Am long at 160 and will add on weakness . Over the med term am quite confident that revenue generation here will remain consistent and stock appreciation inevitable Lets see , its not a typical risky AIM punt of mine . I like the trend here and suspect it will resume
onedb1
13 Apr 2015
BNP buy rating at 190p Not bad and around 17% upside from here [link]
onedb1
10 Apr 2015
Should be good to reach around the 180 level here Anyone on this ?
albent
05 Apr 2015
Hays infographic Anyone interested can see an infographic on LSE:HAS [link]
r21442
27 Feb 2015
IC sector article Valuations for recruitment companies have risen considerably since the final quarter of 2014 - and with good reason. Investors have woken up to the renewed business confidence that is driving profits in the recruitment industry domestically. And while it's no secret that UK recruiters have been steadily expanding their footprints in emerging economies, they are also applying years of homegrown expertise to exploit mature labour markets. This dual approach has increased opportunities for recruiters, as they adapt to the changing needs of employers both home and abroad. The German labour market provides a case in point. Strict labour laws, combined with limitations on the amount of personal data that can be held by companies, have historically hindered the development of a dynamic recruitment industry. However, Hays (HAS) has identified the German recruitment market as a core profit driver for the near term. The country accounted for more than half of net fee income for Hays' continental Europe business in 2014, but permanent placements are taking a back seat; around 90 per cent of Hays' net fee income in Germany is generated through temporary contracts.Management hopes to grow operating profits in Germany to at least £85m by 2018. One way the company hopes to achieve this is by taking advantage of recruitment outsourcing by German employers, which chief financial officer Paul Venables said is growing year on year. Given fee income for its German business grew 6 per cent to £62m during the 2014 financial year, the target looks achievable. Contract hires have also risen across continental Europe, with net fees growing 13 per cent as employers look to increase flexibility in their workforces. The recruiter will continue to roll out its contractor model across continental Europe, taking advantage of reforms to strict labour laws in France and Germany. 1Germany's recruitment market has become a lucrative destination for industry rival Michael Page International (MPI). Following tough trading conditions in continental Europe during 2013, its EMEA business returned to growth during the first half of last year. The German market put on a particularly impressive showing, increasing profits by 14 per cent year on year. An improved US economic outlook has fuelled expansion on the other side of the Atlantic for global recruiters. In December, Hays announced the acquisition of US-based IT staffing business Veredus, which effectively doubled its presence in the country. Michael Page has recently expanded its US footprint. Indeed, it was the group's strongest market in the final quarter of 2014, with gross profits up a fifth on the previous year. Within the Asia Pacific region, increasing demand for bilingual candidates by multinational companies has made Japan a prime target for growth opportunities. Robert Walters (RWA), like rivals Hays and Page, is targeting growth in the region. With two offices already established in Japan, management has said the business has the potential to become its fastest growing and largest segment within the group. Chief operating officer Giles Daubeney said demand for candidates with both fluent English and Japanese is such that the business can earn fees equivalent to 30-40 per cent of a candidate's first-year salary, compared with a rate of 20-25 per cent in the UK. Hays now has about 130 consultants in Japan; however, there is scope for much greater expansion. Mr Venables said if the business had the same level of penetration as the UK, it would employ about 2,000 to 3,000 staff. The group has identified the business as a 'future material profit driver' within the next five years.However, the recruiters are not taking a uniform approach in Japan. Michael Page is pursuing a more localised strategy by winning clients among homegrown Japanese businesses. It has about 100 consultants based in the country - but that could rise significantly once the business is entrenched.
