Hacas Grp. Share Discussion Threads

[moniar] 05/12/2002 20:12

Having spoken to someone close to this company recently, my only fear is that they appear to be losing some of the better former Chapman Hendy employees, who don't seem to be happy with the new company. Change, and especially a merger, tends to cause some people to leave, but I am keeping a close eye on who is leaving, since this company is only as good as the calibre of people working for them. I think we can still expect some more growth in the bottom line though (I hope).
regards,
Moniar

[gran] 23/10/2002 09:27

Results out next month? Does anyone have an idea how they've been doing this half year? I'm hoping for a continuation of impressive growth.

[gran] 27/5/2002 11:11

Great half year results from my favourite company. The only way is up. Rock solid, safe, growing. The fundamentals are a dream. Anyone with any sense should have a big lump of money in this.

[bema] 19/5/2002 15:29

There were 2 x50000 traded that day .
But they didn't appear on the trades.I only noticed it on one site.Others didn't include it at all.I agree with Cowyed .Bit of a monopoly as long as they don't do anything silly pretty safe.I have held for a couple of years and only sell a few if I have too.It is worth 75% of my portfolio.Most people would not agree with that ratio of exposure on one share.But no sleepless nights so far.
Half yearlies due soon should push up another couple of pence.

[benclay] 10/5/2002 20:11

Cowyed,

Thanks for that. I'll copy & paste to our club's discussion group. As a supplementary question: any idea as to the reason for the big jump? Is it as simple as the MMs trying to get stock?

[cowyed] 10/5/2002 15:35

Ben,

For the enlightenment of your shareclub, HACAS Chapman Hendy are essentially a consultancy firm in the Social Housing business.

They offer advice and consultancy in many areas, but have made their names in large Scale Voluntary Transfer where local authority housing stock is transferred to Housing Associations and other not for profit companies. They advise on the transfer, on obtaining funding, IT procurement and on the business plan.

There used to be two companies, HACAS and CH, but they merged 2 years ago and now have an effective monopoly in this area.

The market place is still growing and I would estimate that unless they mess up in a big way, they are as safe a bet as you can get.

Regards

[benclay] 10/5/2002 13:04

All very odd - price goes up and people keep on buying - nobody selling.

FWIW - my shareclub bought these on fundamentals alone - we're still not sure what they do but as long as they keep going up it's fine by me

[gran] 09/5/2002 16:06

Not used to this kind of excitement!! Not much in the way of buying. Does anyone have any info.???

[jangaman] 20/1/2002 10:58

Thanks for that Wildrover - I didn't check as the RNS section of the LSE's website was down all yesterday while they upgraded it. Looks really good now.

Nice to see the directors still holding over 70% of the shares.

[wildrover] 19/1/2002 23:06

--jangaman this may be the reason:

RNS Number:9825P
Hacas Group PLC
15 January 2002

HACAS GROUP PLC

DIRECTORS' SHARE DEALINGS


Following institutional investor demand for the Company's shares, Julian
Ashby, Derek Joseph, Jeffrey Zitron, Peter Chapman and Richard Wollenberg (all
directors of HACAS Group plc) have agreed to sell 225,000 in aggregate in
order to meet this demand and to improve liquidity in the Company's shares.
These shares were sold on 11 January 2002 at a price of 110.25p each.


The interests of these directors in the share capital of the Company after
completion of these transactions is as follows:


Number of shares % of share Revised % of share
sold capital shareholding capital

Julian Ashby 50,000 0.17% 5,856,725 20.0%
Derek Joseph 50,000 0.17% 5,970,346 20.4%
Jeffrey Zitron 50,000 0.17% 5,856,725 20.0%
Peter Chapman 20,000 0.07% 1,435,057 4.9%
Richard 55,000 0.19% 1,451,768 5.0%
Wollenberg
225,000 0.77% 20,570,621 70.3%

[jangaman] 19/1/2002 15:18

Some major selling by 5 directors on the 11th Jan 2002...

Now I wonder what they know???

[dil] 07/1/2002 22:19

Excellent results reported today.

Click here

[dil] 17/10/2001 21:54

They were looking at another one earlier this year.

[moniar] 17/10/2001 21:44

Was that another acquisition or the one last year?
Steve

[dil] 17/10/2001 19:53

I got out when the aquisition failed to materialise , need something to kick start them.

Dil

[alex69] 15/10/2001 23:53

That's true. How do you like HCS these days?

[dil] 12/10/2001 18:00

Still got the odd one or two , heard that education may even have a future during a recession.

[alex69] 12/10/2001 15:58

Hey Dil - been busy with work. How's things? Sill in NAE? Damn me - I sold them for 1.80p! :)

[dil] 12/10/2001 15:31

Where you been Alex ?

Long time no see.

Dil

[alex69] 12/10/2001 10:50

One of the few shares I hold and happy with it. With gvmnt spending on the rise these are v likely to benefit.

[moniar] 04/10/2001 09:31

Anyone want to breath life into this board? IMHO its a steal at the current price, given the voluntary stock transfers in the pipeline for the next few years. Its the Vodafone of housing consultancy (without the debt!). Maybe the spread is putting people off?

[alex69] 04/9/2001 11:53

Anyone still in these?

[moniar] 23/7/2001 16:34

Anyone know why the drop today???????????
Steve

[chester] 03/7/2001 15:30

Looks a good en', just like it was in January but it seems the buyers have returned.

[wildrover] 25/6/2001 20:27

Hacas non-exec cashes in on recovery
A non-executive director of social housing and consultancy Hacas Group has sold down his holding just over a month after selling 340,000 to institutional investors and exercising options on 1 million shares.

Richard Wollenberg pocketed £52,500 on Friday when he sold 50,000 shares at 105p each. This reduces his holding in the £31 million company to 1.5 million shares or 5.1%.

Last month Citywire reported members of the board of Hacas had sold 800,000 shares between them to satisfy institutional and private client investor demand.

Wollenberg was the biggest seller that day with 340,000 shares going for £323,000 with chairman Julian Ashby, managing director Derek Joseph and company secretary Jeffrey Zitron selling 140,000 each and executive director Peter Chapman offloading 40,000. At the same time Wollenberg exercised options on 1 million shares.

Hacas (HCS) has seen its share price recover strongly of late after a slump in April. It began the year with a high of 112.5p in late January before falling back to a low of 80.5p in the first week of April. It has recovered well since then and today stands unchanged on 104.5p.

One shrewd investor is hanging on to its stake in Hacas for the time being. The Framlington Innovative Growth investment trust (FIT), managed by Brian Watson and Chris Bell, holds 1.225 million shares or 4.43%.

Hacas provides consultancy, research and funding services to local authorities, housing associations and government departments. Last year it enjoyed a 67% rise in pre-tax profits at £1.6 million and doubled sales to £5.76 million.