Hasgrove Share Discussion Threads

[qs9] 19/11/2012 11:40

fascinating.....with near no debt, if trading is OK and they can start generating £2m EBITDA each year then this will begin to look very good....nice call...

[cockneyrebel] 19/11/2012 11:20

200k was a director buy then :-)

CR

[cockneyrebel] 19/11/2012 10:35

Whoever got that 200k cleaned the mm's out bar the 10K I picked up on Friday.

Was hoping to get more today but it's off and away, nowt available this am.

CR

[cockneyrebel] 15/11/2012 16:10

HGV - I wonder if that 200k is another co share buyback? Can't get any online now that's gone through.

CR

[cockneyrebel] 14/10/2012 14:22

Manchester marketing and communications group Hasgrove is targeting international growth and is on the cusp of announcing a deal worth £1m a year.

[battlebus2] 12/10/2012 09:07

Buying continues with a trade at 52.4p this morning :))

[cockneyrebel] 10/10/2012 13:08

Obviously not much stock about for them to buy - think i might have scooped up a lot of it :-)


Hasgrove PLC
10 October 2012
Hasgrove plc
("Hasgrove" or the "Company")
Share Buyback announcement
Hasgrove announces that on 9th October 2012, it purchased 10,000 ordinary shares of 10p each ("Shares") for cancellation at 46.0p per Share.
The number of Shares purchased represented 0.04% of the voting rights attributable to the total ordinary shares in issue prior to such purchase.
Following the cancellation of these shares, the Company will have 23,505,372 ordinary shares in issue.

[battlebus2] 09/10/2012 22:23

Yes the slight retrace didn't last too long :)) 60p can't be far away imv.

[cestnous] 09/10/2012 09:13

Offer gone to 49?

[cockneyrebel] 05/10/2012 15:32

Can buy @ 45p today, and I have :-)

CR

[cockneyrebel] 01/10/2012 14:56

Broken out through the Feb high.

Cheers fillipe.

CR

[fillipe] 28/9/2012 14:39

Inv Chron today - "Hasgrove in good shape - and cheap" - Buy and expect full year 2.5p div.

f

[qs9] 27/9/2012 11:22

Good to have you on board CR. Flip of value back into equity here could be quite stark IMO.

Worthwhile looking IMO at TMMG as well as similar sort of size and profile, with good recent results and flip of value likely to continue to be as good IMO.

cheers

[battlebus2] 27/9/2012 11:07

Rolling upwards this morning :))

[battlebus2] 26/9/2012 20:43

I.C. had an article on the 24th for subscribers only but they titled it Hasgrove makes progress which sums up what we've been saying.

[cockneyrebel] 26/9/2012 20:23

Yep, was quite delighted today to find I could get a bit of volume without paying through the nose.

Been putting a lot of great little divi paying small AIM co's away in the pension over the past few weeks. Seems to me a lot of these little co's have been ignored in a mkt like this but all the sort of things that can multi-bag over a few years imo.

The interims never highlighted that they pay a 1p divi and that had doubled from 0.5p last year. Bet there's a good chance of the eps and divi rising strongly over the coming year or two imo.

CR

[battlebus2] 26/9/2012 19:18

Welcome C.R. great that you are of the same opinion, everything seems to be in place for a decent rise over the coming months. Very thinly traded so not many buys needed to set these on fire.

[cockneyrebel] 26/9/2012 13:23

I've been buying these up over the past week battlebus, got a nice load today and cleared any loose stock about.

Has all the ingredients imo - 2p eps in H1, divi doubled to 1p, director buying, co doing share buy backs, confident statement. The old CEO has gone, FD has replaced him.

170p a share in 2007 too.

All imo/dyor etc

CR

[battlebus2] 21/9/2012 10:03

Yep these will trade a lot higher if they can continue the recent performance.

[qs9] 21/9/2012 09:51

And confident enough to purchase it's own shares!

[qs9] 20/9/2012 21:17

all very steady...decent results, IMO these will begin to trend even higher...

[battlebus2] 20/9/2012 07:39

Those results are a great improvement imv. Steady progress from here.

[diku] 05/5/2012 00:22

Good to see insiders still buying....

[diku] 26/4/2012 08:02

Yes juicy divi....just hope they can now build on the digital communications bandwagon....

[battlebus2] 26/4/2012 07:22

Results much better than i thought and the divi even doubled
Full year results
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TIDMHGV

RNS Number : 0890C

Hasgrove PLC

26 April 2012

26 April 2012

Hasgrove plc

Final results for the year ended 31 December 2011

Hasgrove plc (AIM: HGV, 'Hasgrove' or the 'Group'), the digital and communications services group, announces its audited final results for the year ended 31 December 2011.

Highlights (1,2)

-- Revenue up 2.4% to GBP22.8m (2010: GBP22.2m)
-- Gross profit of GBP16.5m (2010: GBP17.1m)
-- Headline operating profit GBP0.9m (2010: GBP2.2m)
-- Headline pre tax profit GBP0.7m (2010: GBP2.0m)
-- Pre tax loss GBP3.0m (2010: profit GBP1.1m)
(--) Headline basic EPS 1.7p (2010: 7.2p) (3)

-- Basic loss per share 12.9p (2010: earnings per share 2.6p) (3)
-- Proposed dividend doubled to 1.0p per share (2010: 0.5p per share)
-- Public affairs and strategic communications division, Interel, sold in July 2011 for a total of EUR9.5m.

-- Net debt at 31 December 2011 substantially reduced to GBP1.5m (2010: GBP6.7m)
-- Cash generated by operations of GBP2.2m (2010: GBP3.5m)
-- Headline operating cash conversion rate of 239% (2010: 157%)
-- Refocusing of Group as digital communications services business
-- Momentum of client wins continuing, good new business pipeline
-- Commencing share buy-back programme
1) All results in this statement are before taking account of separately identified items unless otherwise indicated. These comprise share option charges, exceptional costs, goodwill impairment, notional finance costs on deferred consideration and non-cash deferred tax on goodwill timing differences and are set out in the consolidated income statement.

2) The consolidated income statement for 2010 has been restated to exclude discontinued operations.

3) Earnings based on continuing operations
Paul Sanders, Group Chief Executive, said:

"The impact of the economic climate has meant a challenging year for Hasgrove. However, the Group's restructuring and focus on digital communications have resulted in improved controls and operational efficiencies which are already making an impact.

"We are pleased to have significantly reduced our net debt and to be making good progress with client projects so far this year. More than 25% of the Group's expected profits for 2012 have been generated in the first quarter, substantially more than in previous years. Our confidence in the Group's potential is reflected by the doubling of the dividend."