||EPS - Basic
||Market Cap (m)
Hayward Tyl Share Discussion Threads
Showing 1251 to 1272 of 1275 messages
|Investors Champion comment:
|Management commented that looking ahead to the next financial year, the Group’s pipeline of new business opportunities is very strong, presently amounting to over £500 million through to FY2019 with short-term prospects of over £40m. Subject to securing further orders that are currently being tendered, the Board anticipates entering FY2018 with a record high order book.
That sounds very promising but ‘pipeline̵7; is very different to firm orders which also have to be successfully executed. In the meantime, debt has grown and is expensive!|
|Well we shouldn't have to wait long, a solution with RBS needs to be sorted in the next 8 days. Maybe RBS will further extend the deadline but any equity raise will now double the dilution for shareholders than if the management had 'fessed up' and raised capital before Christmas when it became pretty clear targets were fantasy.
The resilient share price today shows no-one in the market expected them to get close to £80m in sales. I did think they may do better than flat on last year though.|
|I can see this being a very tempting acquisition target, Luton facility is state of the art,end markets are recovering, shares have crashed, mgt have zero credibility and have run out of cash. This smells like a cheap deal for a bigger business to do.|
|shares have made a strong recovery since opening bell!|
Well what a surprise. Certainly odd behavour by management to say the least.
|I can't see AVG making a bid personally, HAYT doesn't appear to fit with their ambitions to me.
I'm glad I got out of these at a profit, I can't remember the price I got but I think it was roughly double where they are now.
A fundraising seems like the sensible thing to do before the price gets even lower.
|What's interesting is that the shares haven't crashed further, my money is on oppprtunistic bid at some point. Would Avingtrans be a left field possibility?!|
|Small print of revenue recognition is a no no - Counting chickens before they are hatched. Even worse (imo) is no indication as to when they account for profit - Could it be apportioned at the same time as they recognise revenue ??
Need to look more closely at cash flow - In full agreement with above posters - Perhaps I am even more negative.|
|Hmm flat revenues in 2016/17 and a big loss then. Underlines the point that for all the talk of massive growth by the Board the revenue number hasn't actually increased. This had to be the most obvious profit warning of all time. The CEO is a dreamer!|
Yes, indeed. As per my earlier posts its unfortunate that management seem unable to face up to this reality in their RNSes when it seems obvious to the rest of us.
All IMHO. Cheers, Martin|
|They're obviously struggling to nail down terms but "The Group is operating within its current borrowing facilities and it continues to have constructive discussions with its bank, Royal Bank of Scotland, with respect to the repayment of £2.4 million of short term banking facilities, currently extended to 28 February 2017, and to ensure a suitable long term financing structure is in place to support the longer term prospects of the business. " implies that fresh equity is the only option as all assets are charged|
|Still no mention of a rights issue!!!|
Not surprised, they've not achieved the promise of a miracle in H2, rights issue now looks inevitable,Q is what level?|
|Fake truths? Alternative facts? Some plain speaking here would certainly be helpful.|
|Truth cannot be false. Maybe you're thinking of alternative facts? :-)|
|Looks totally uninvestable to me until the points in Rhomboid's post 1244 are addressed. It would be nice to be able to read HAYT's RNSes without wondering about false truths.|
|It has not yet happened.
A) action mooted in WTO already
B) a reason for looking for a bilateral us-uk arrangement
Much of Trump's floated ideas, the words are one thing, the outcome likely another.
Also, remember, if the product can't be bought elsewhere they are handicapping their industrial user by 20% cost increase that will only be fed through to end consumers that will then have less money to spend on US manufactured goods.|
|American Boarder Adjustment Tax could really scupper HAYT (imo) Extract from Bloomberg below
"So what could possibly go wrong? The answer is the mooted U.S. Border Adjustment Tax, which would introduce a 20 percent levy on goods sold in the country, minus an adjustment for manufacturing and other costs incurred there. It would penalize companies that manufacture overseas and is intended to promote American jobs, according to Barclays". OK article is about luxury good but will hit overseas manufacturers VERY MUCH HARDER - EU and Britain will need to take retaliatory action - Possible trade war will be bad for all (imo)|
|My guess here is a placing and that needed RBS to give them a little extra time. I dont necessarily see huge dilution as management has skin in the game
For these reasons (rightly or wrongly I don't know) I shall remain invested|
|Looks as though might have found bottom on financing news BUT still no clarity (for me) on wheter sufficient for working capital - Very mucha gambe at these prices - I cannot tell if just a dead cat refief rally or a serious bottom !!|
|This is a great company, with a strong client list and lots of IP. There is some confusion around all the refinancing they are doing, I don't know if they have serious funding issues or not. The question I have is when does this become a value investment - for me once I understand whether they have funding issues or not.|