Hacas Grp. Share Discussion Threads

[collier12] 21/6/2001 19:53

This share looks like it's gonna make new highs. Don't think it will struggle too much to get over recent peaks; all the indicators looking good to me. Get 'em while they're goin' up!

[chester] 19/5/2001 00:07

This is starting to look better and better. Big resistance at 110p, but once through that ?

[pwcarnall] 18/5/2001 15:57

Good coverage on Citywire today

[chester] 14/5/2001 14:00

Check their results out !! Get on board. Nice chart too.

[chester] 14/5/2001 13:55

Excellent results. Once these start to get more recognition in the media etc these will absolutely shoot up. Chart looks great, results are outstanding. Dil, Cat - it's not too late to get back on board.

[dil] 11/5/2001 19:55

Fell through stop loss and lost a few bob on these but the story remains the same.

Dil

[chester] 10/5/2001 08:24

Up 10% in a month. The chart still looks healthy. Looking to re-test old highs.

[bema] 26/4/2001 20:04

Some liquidity released a few weeks ago and appears traded yesterday maybe the reason. I am a bit miffed I was waiting for it to go under 80p to buy some more.
Bema

[chester] 26/4/2001 11:55

Movement today on just a few trades. Anyone hearing anything ? Up nearly 7%.

[chester] 26/4/2001 11:51

Doesn't seem to take a lot of trades to move these. Anyone know anything ?

[chester] 26/4/2001 11:40

Rising on 'no trades'. I still hold a few, probably should have sold weeks ago but holding on now as we have a little movement. Just moved above 200 day m/a.

[alex69] 07/3/2001 00:48

jh - 95 is on the trendline so I would expect that to hold. The decline has been caused by a sell of 50K at 97, which should be a one off.

[dil] 07/3/2001 00:37

I bought some Baltimore today , look ok on a 2 year view but don't tell Limpy cos he'll only say its another bargepole type :-)

[dil] 07/3/2001 00:35

It already is :-)

[jhurbanek] 07/3/2001 00:33

Dil - I am not in, might be if the price is right though ;-)

J

[dil] 07/3/2001 00:26

You worry too much John , have a look in six months.

Dil

[jhurbanek] 07/3/2001 00:06

Not much support here...looks like 85 to me!

[alex69] 07/3/2001 00:01

We're right on support right now, so I would expect a pull back north anytime.

[jhurbanek] 06/3/2001 11:42

Just been a late reported sale @94p...whats up?

[jhurbanek] 06/3/2001 09:34

Now what is happening here...looks very Greg Luganis like ;-)

[dil] 03/3/2001 20:45

luverlee jubliee

Dil

[hilly] 03/3/2001 17:02

Thanks Cat. Sorry, I was too lazy to type it out, but its good is'nt it?

Hilly

[cat] 03/3/2001 16:58

'ere it is:
Social housing moves on up

HACAS Chapman Hendy


Government plans are an investment opportunity, says Andrew Griffiths

Forthcoming share issues

SPENDING on social housing is set to more than double to £4 billion a year with the aim of improving local authority stock to what the Government calls "a decent standard".
Last year's announcement of a boost in the housing budget should benefit businesses involved in this market, but one of the biggest winners could be the consultants. One of them, HACAS, is among the top social housing consultancies in the country. Founded in 1978, it works for both sides of the industry - local authorities and housing associations on the one hand, and lenders, regulators, suppliers and government departments on the other.

Housing associations are usually run by volunteers and often require expert technical advice. Local councils need outside help on complex issues such as the transfer, improvement and funding of housing stock from the public to the private sector.

HACAS has about 500 housing association regular clients and advises 120 local councils, including Birmingham, one of the largest local authorities in the country. Last July, the company improved its penetration in the sector by acquiring Chapman Hendy Associates for £2.3 million. Chapman Hendy added more than 100 consultants to the group's books along with five regional offices.

The merger is likely to result in annual fee income in excess of £10 million compared with £6 million for HACAS alone in its last financial year ending in September. During that period the company made pre-tax profits of £1.4 million.

The opportunity for HACAS has become much greater as a result of the Government's plans to transfer up to 200,000 homes a year to social landlords from local councils. This will be combined with the allocation of funds of about £1 billion through private finance initiative schemes, the Housing Corporation and a new Starter Home initiative all intended to function within central Government's best value approach to spending.

The proliferation of schemes means that the market is becoming much more complicated, resulting in strong demand for consultancy services. At 105p the company is valued at £30 million, and the shares are trading on a forecast price/earnings multiple of 25 times earnings for the year to this September.

This puts them on a premium rating but, change of government aside, the long-term aim of ensuring the nation's complete stock of public housing is up to scratch by 2010 should ensure that HACAS has plenty of work ahead.

With income underwritten by public authorities and government and the big spending plans, the group has significant defensive qualities, making it an attractive long-term investment.



re it is:

[hilly] 03/3/2001 16:12

Has no one else read the write up on Hacas by Andrew Griffiths in the Telegraph?Should spark some interest.

Hilly.

[hilly] 03/3/2001 08:49

Brilliant article - Sat Telegraph, P.B25. Social Housing moves on up.

Hilly