Hawtin Share Discussion Threads

[ansc] 21/5/2007 10:15

Volume is picking up - 210k shares traded on Friday following publication of the IC article, already over 300k in the first two hours this morning.

[molatovkid] 21/5/2007 09:57

ummm...this looks ready for a big push upwards and onwards. I think they will do the business and I am anticipating a good run of news as more acquisitions are made into the future.

A bit of patience and I am saying this will double bag in 12 months...

Incidentally, im new to property investment but was wondering if someone can explain how they picked up the Millenium stadium asset for around £4.5m when its allegedly worth £30m. Clearly im missing something....are there annual payments involved?

[ansc] 21/5/2007 09:03

Buyers still nibbling this morning, continuing Friday's interest - probably still responding to the IC recommendation.

[mistertibbs] 20/5/2007 13:04

molatovkid. IC reckons portfolio of just over £40m and p/e of 19 (not bad I feel at this stage but is it meaningful in a property co.) NAV also 18p.

I am chuffed they have the guys on board that they have, especially the ex rok man. No mugs there. Property experts and we may need them as a growing company at a time when the waters might get a bit choppy over the next few years, what with property prices now. However, I believe we are in an area not yet fully noted for it's property boom type scenario, not yet anyway.

I am also very enthusiastic wth HTI and believe in the medium term, we will find out how well placed that enthusiasm is. And a little footnote. Was speaking to a broker recently and stated my interest here. He had never heard of them but during the next telephone discussion, he said " Hawtin,very interesting indeed" Make of that what you will.

[molatovkid] 18/5/2007 15:57

My view is quite simple with this one.

Their stated aim is to create a portfolio of £100m value and therefore the share price will have to rise on the back of this, with good yields on top then we should be in clover. Current portfolio is about £47-50m I believe.

They also intimated that once they get to £100m they can look to take on larger projects!

Mistertibbs, thanks for posting about IC and the buy rec, I wasnt aware of this. Was beginning to think i had piled in with mis-placed over-enthusiasm.

[ansc] 18/5/2007 12:57

Have been monitoring HTI since they published their results and hoped to buy sub-16p. However, in view of the IC article - tho' not a fan of theirs - decided to dip my toe in just now at 16.45p.

I'm not averse to waiting a couple of years before seeing a reward with nearly all of my investments and feel that this ugly duckling will, one day, turn into that proverbial swan.

[mistertibbs] 18/5/2007 12:22

You may have had your wish molatovkid with the results in IC and their recommending buy on page 55 today. Just the beginning of a long road.

[molatovkid] 03/5/2007 15:19

Personally im trusting to a combination of financial press, and regular RNS to get this one in the spotlight in the short term

[james t kirk] 03/5/2007 10:23

Agreed, no quick win here, shame that there's so little interest.

[molatovkid] 03/5/2007 10:22

looks like this is going to be one where patience is required whilst they do their thing.

[james t kirk] 02/5/2007 16:22

MM's opening the spread which puts off anyone trading :0(

[mistertibbs] 02/5/2007 12:26

And the old boy finaly takes an exit

[molatovkid] 02/5/2007 10:49

Worth re-reading the Chief Execs statement. Sounds like a guy worth backing...buy cheaply, let them do the business and hey presto, I say this will be a multi bagger.



CHIEF EXECUTIVE'S STATEMENT

Having joined the Board as Chief Executive in February 2006, my aim has been to
move Hawtin PLC from a sleeping giant and grow into a credible property
investment company. I believe we have made good initial progress in some areas
this year but we do need to make significant headway throughout the coming year
if we are to achieve our aim.

We started the financial year with just three properties valued at £9.5 million
- earning £700,000 pa, and a parcel of land yielding no return. We now have five properties worth more than £40 million and an annual income of £2.7 million,with the prospect of further acquisitions in the pipeline.

I had high ambitions to turn Hawtin around within the first year. It has taken
this first year to realise that a public company is not a vehicle to hastily
push forward, but one in need of gentle encouragement supported by a steady
stream of solid income producing deals to provide continued growth. Together
with my fellow Board members, we have planned a financial model that shows both
stability and the potential for profit. Ultimately, a dividend return to you the
shareholder is our long- term ambition and strategy.

As a company with all the necessary resource and knowledge to drive the business
forward, I feel we can push Hawtin far harder to achieve much more. I am
looking to transpose some of the dynamism from the faster moving private sector
into the more tightly regulated AIM public company arena - the two sectors are
markedly different, but can learn much from each other. Those acquainted with
this culture continually remind me how well Hawtin is doing and what we have
achieved - not enough I say. We can do more and we will do more.

The honeymoon period is over, and it is now time to make strides towards
becoming a serious player in the property investment market. Hawtin will
continue to tread the path of a property investment company, building on its
portfolio over the coming years, and realise its profit potential in order to
pay dividends and fund further acquisitions. I would anticipate the size of our deals becoming significantly larger as the years go by, and my initial target is to raise the Group's gross property assets to circa £100m. From this larger asset base, transactions of greater magnitude are open to us and smaller
transactions will be undertaken more easily under the regulatory limits.

I feel that for the time being we can forget talk of REITS and other such
devices - our growth will come about through our own endeavours, playing to
Hawtin's strengths. We will continue to identify those high-yield opportunities
with that elusive element of opportunity, leading us on to even higher values.
I believe Millennium Plaza will prove to be such an acquisition.

I feel positive that with this year's preparatory work, results for the year
ahead will continue to maintain an upward trend of profitability, and the Board
and I will work diligently to acquire the right opportunities to maintain growth
throughout next year.

I have a clear vision of where I would like to see Hawtin, and with this
transitory yet profitable year behind us, am confident we can now take on the
bigger challenge to move the company steadily up the property investment
rankings.



RICHARD L HAYWARD
CHIEF EXECUTIVE

[molatovkid] 02/5/2007 09:46

guru...this is what they do. They maybe doing this on a regular basis!

[guru11] 02/5/2007 09:36

Turnover up £400k, but before one gets carried away there is an extrordinary item from sale of property of £350k which is adding to the glory figures, which obviously will not be repeated. On eps of 0.88p still only fair value in my eyes.

[james t kirk] 02/5/2007 09:26

Lots of delayed buys coming through now as sells.

[akramms] 02/5/2007 09:26

"net assets per share rising to 20.3p against a comparable 16.4p"

seems worth buying even after this increase.

[molatovkid] 02/5/2007 09:19

if theres one for 60k showing as a sell, I can assure you it was buy

[formentera] 02/5/2007 09:17

One should not pay much attention to advfn trades monitor

[akramms] 02/5/2007 09:14

I DON'T THINK THESE MAJOR TRADES THAT ARE LISTED UNDER THE SELLS COLUMN ARE ACTUALLY SELLS, THEY ARE DELAYED TRADES WHICH WERE ALL TRADED BEFORE 8:10.

AND IT LOOKS TO ME THEY ARE PURCHASES, IF YOU LOOK AT THE TIMES THEY WERE TRADED.

[molatovkid] 02/5/2007 09:08

Looks very promising this. Seems to have done a classic turnaround into a 100% property company. Should be a nice little earner; the management seem to know what they are doing and with new projects in the pipeline we should be onto a winner here imho.

[formentera] 02/5/2007 09:06

Looking for another tick up!!!

[formentera] 02/5/2007 08:35

Been sitting on these since 2000, now the future looks excellentand don't mind sitting on them for just as long. Brilliant set of results.

[formentera] 02/5/2007 08:25

Brilliant results, this is the year.

[james t kirk] 02/5/2007 08:25

Limits:

10k Buy 16.95p
50k sell 16.6p