JJPHOME
31 May 2016
why the big rise Does anybody know what has triggered the 5% rise today?
Lupo di mare
03 May 2016
Re: Results Blanketstack
Blanketstacker
29 Apr 2016
Re: Results Sweet! (but extremely worrying that my initials are 'BS'!)
Lupo di mare
29 Apr 2016
Re: Results You'll no doubt be pleased to know, BS, that at 70p the yield would be 5.5%.
Blanketstacker
29 Apr 2016
Re: Results This is a slow but steady company as far as I can see. We are now seeing selling and we could hit 70 again in the next few days. That gives a yield of 4%, which is not to be sniffed at these days. From the fundamentals we could see a price of 80 or so. That gives a possible rise of 15% if we hit that 70.Brexit, real or imaginary, should not impact too much here, unless we see a total market meltdown. Overall I think I will continue to hold.
Lupo di mare
28 Apr 2016
Re: Results Wow, that's a change in less than three weeks, gretel. Maybe you should be more conservative in your recommendations; someone might believe that you know more than you do, and make an expensive punt.
gretel
28 Apr 2016
Re: Results I sold first thing this morning in a few trades, including at around 77p.The outlook is pretty cloudy, particularly in the UK, and although trading is seemingly in line I can see this worsening sharply pre-Brexit vote.Above all though, I just simply got fed up with this share! I talked to someone in the industry this weekend who said everyone is aware that the company is run for Albert's benefit - including his huge salary/package. It's no wonder the company seems to lack any decent institutional support to provide ballast for a decent re-rating.I really can't see the share price moving up anywhere fast any time soon, whereas I do see risk of further downside. Plus my patience finally snapped.Good luck all. I've probably got this all wrong - hope so for your sakes
Lupo di mare
28 Apr 2016
Re: Results I think that they're being a bit cute talking about cash at year and and 'no long term debt'.As I see it, their average debt is some £18m.Margins remain wafer thin at some 1.3%.I think that I've held these for quite long enough. This has got an opaque feel about it, especially the sale of NT; so I'm looking for an exit point.
BOWOOD
28 Apr 2016
Re: Results Clouded somewhat by the one off write off, but as you say steady. Always difficult to grow an established business that trades in so many regions - some do well and some not so well. If they all do well at the same time then that's great. HVN has a solid international base which tends to grow notwithstanding some regions finding it difficult at times. The yeild is good and could be a target from a major international business. I'm happy to hold.
Blanketstacker
28 Apr 2016
Re: Results Out today, and they may disappoint some. Expectations were high here amongst some,but what we see is essentially steady as she goes:Revenue down c1% Cash in bank almost depletedBUTEPS +10%Dividend +8%A fall here may be a buying opportunity.
BOWOOD
22 Apr 2016
Results Results due next week - 28 April and these should be good enough to push the sp to a more appropriate value of 90p -£1. Dividend should also be attractive for income seekers
Lupo di mare
15 Apr 2016
Re: Tipped on i.i.i by Edmond Jackson Let's wait and see what the average debt figures are, when the Results are announced on the 28th. Looking at the Interims, the average net debt appears to be much as stated for the end of period debt.
BOWOOD
14 Apr 2016
Recruiters Those that have reported recently - Robert Walters and Hays included have all reported positive trading. HVN however has a SP which IMO fails to reflect real value. Good yield and low PE suggests that HVN is about 20p undervalued.
BOWOOD
11 Apr 2016
Re: Tipped on i.i.i by Edmond Jackson I agree and the figures are due in a couple of weeks so we can expect to see a bit more positive interest.Also most recruiters y/e go to December and those that have reported so far suggest that they had good second six months. Both the P/E ratio and the yield are out of step with the sector and HVN are due a re rating imo
gretel
10 Apr 2016
Tipped on i.i.i by Edmond Jackson It's good to have some long-needed publicity for HVN:[link] I believe the 105p valuation is far too conservative.For a start, we now know that HVN had net cash of £0.2m at 31st January, compared to the £15.7m net debt quoted by EJ at the interims which is now thoroughly out of date and was caused by one-off billing and contractor timings.As an expanding global operation, particularly in the USA and Far East, and focused on the growing tech sector, HVN's prospects are surely much more favourable than to merit a P/E on acquisition of only 11.And his figures are slightly understated too - the latest forecast for the current year is 9.59p EPS from Panmure Gordon (with a 4.04p dividend), compared to his quoted 9.4p EPS.
