Hallin Marine Subsea Share Discussion Threads

[evaluate] 05/11/2009 15:51

Not only is the PE tiny, but the company has a pretty healthy balance sheet too.

Net tangible assets accounf for two thirds of the share price!

[crawford] 05/11/2009 15:39

I find it amazing that we are sitting down here, the P/E must be about 4 around here.

[evaluate] 05/11/2009 12:42

Also on the website today is news of what appears to be a airly significant order. . . .



Subsea diving system and ROV manufacturer Hallin has won a contract to design and build a surface mixed gas diving system.

The order has been placed by the Middle East based Lamnalco Limited, who provides terminal support services worldwide.

The mixed gas diving spread will comprise an A frame launch and recovery system, a containerised 3 man deck decompression chamber, high and low pressure compressors, divers' hot-water machine, dive panel, SCUBA replacement pack, and various divers' equipment.

The manufacturing division of Hallin is a global leader in the design and manufacture of air, mixed gas and saturation diving systems and will build the system at its Singapore manufacturing facility.

The manufacturing arm of the Hallin group started in Singapore almost a decade ago, originally building saturation diving systems for the company's own use.

Andrew Threlfall, the division's MD said: 'Hallin Manufacturing is delighted to have satisfied the demanding requirements of Lamnalco and been awarded this contract in the face of strong local competition.'

[sailing john] 05/11/2009 12:38

Recruiting in the UK for 2010
Copied from their website
"2010 New Vacancies
29 October 2009
Engineering Project Manager
Diving Manager
Subsea Operations Manager
We will shortly be announcing these and other interesting and exciting positions in connection with Hallin's major expansion plans.
Please come back to this site shortly to get the full details!"

[crawford] 28/10/2009 13:56

Thats some drop, looks too cheap at this price, especially when oil is rising. Mr Market is a bit nervous and irrational today I guess.

[evaluate] 28/10/2009 07:30

Positive news given HMS's subsea focus.

[philo124] 25/10/2009 16:01

Good SPOT. wILL HELP PRICE IN DUE COURSE.

[rivaldo] 25/10/2009 09:24

Perhaps HMS are about to embark on a PR push?



"PR Week UK, 23 October 2009, 00:00am

Powerscourt lands Hallin Marine brief, European Payments Council signs Iseepr.

Hallin Marine, a firm providing marine and underwater services to the oil and gas industries, has turned to Powerscourt for its retained financial comms. The agency won the account via a six-way pitch thought to include Pelham PR and Buchanan Communications. The firm listed on London's AIM market in 2005 and its operations span South East Asia, India, China, the Middle East, the US, Russia, Australia and the UK."

[fr4dge] 19/10/2009 14:10

Feels like this is about to lurch upwards.

[notalf] 17/10/2009 11:59

thought so, just came across as though they were about to come out.
cheers

[rik shaw] 16/10/2009 21:52

mid March (Prelims) & mid Sept.

[notalf] 16/10/2009 20:31

when are results

[koolio] 16/10/2009 19:41

Kinbasket- I am so overweight on this stock it throws the whole portfolio if it moves by 1p. I started buying HMS at 53p and have not sold a single share. I had a buy order on them in the last drop(92p) but it did not get filled. If/next time S/P drops to 95p in a similar market I will again be tempted to go back for more.

Most of the time I'm happy to hold but there is a lot of truth in what I said in my earlier post,watch them in the final days before results and they fly.

I have faith in the management and although I am overexposed to this stock, I am fairly sure that HMS will work out for those of us who stick around.

They do seem unreasonably cheap.

[kinbasket] 16/10/2009 17:32

Koolio

I don't think you've missed anything. Just don't miss the chance to buy plenty before everyone else realises.

[fr4dge] 16/10/2009 14:31

Is that a pennant I see in the share price graph?

[clancrackan] 15/10/2009 19:43

Well Koolio for me Hallin is a long-term hold, a growth share imo

[notalf] 15/10/2009 19:02

nothing, i agree, funny share, 3 brokers rate it as a buy, strong order book, likely to make north of £10m with market cap of £50m an expanding company.
I,m happy holding, but will buy more if it tests £1 again.
See nothing to worry about.

[koolio] 15/10/2009 18:29

Well I can,t get over this share, I have held forever it feels like.
It works something like this
Positive announcement expected share prices goes up.
Figures coming out share price goes up.
But.
Oil price goes up, share price goes down.
Positive figures announced, share price goes down.
Favourable £ to $ exchange rate, share price goes down.
Management win excelance award, share price goes down.
Order book increases and management positive, share price goes down.
Honestly think that I am the only one who holds these on a long term basis, of course I am questioning my rationale. What I should do is buy more now at todays price and sell on the run up to to figures, then buy in again a few weeks after the management are positive and looking forward.
Call them and ask what is the earliest that they can mob a sat unit into 90m in the Irish sea or when they can get a ROV to cut a steel pile off at seabed level and they will tell you a date mid 2010.
I have asked this question many times before. What am I missing about HMS?

[notalf] 15/10/2009 10:44

always gets support at 120p

[clancrackan] 15/10/2009 10:14

And Hallin in recent months has found an increasing order book and growing confidence for 2009/2010.

[notalf] 08/10/2009 13:17

The EV/EBITDA ratio is a relevant ratio for financial analysis. Hallin Marine Subsea International Plc shows a EV/EBITDA ratio of 3.59 for the next 12 months, which is significantly lower than the median of its peer group: 5.58 according to this financial analysis Hallin Marine Subsea International Plc valuation is way below its peer group's.
this ratio is significantly lower than the average of its sector (Oil Equipment & Services) 6.10 according to this financial analysis Hallin Marine Subsea International Plc valuation is way below its sector

[notalf] 08/10/2009 12:16

Market cap £50m Profits likely to be £10m or more. says these should be nearer £2

[notalf] 08/10/2009 11:52

well i,m in for another £6k have £25k for the duration now, total no brainer

[loafingchard] 08/10/2009 11:49

Welcome Lomax99

If it does drift back towards a quid I will be loading up with another couple of grands worth . Good luck all holders