Hayward Tyl Share Discussion Threads

[jeanesy2] 24/8/2015 08:17

Yes i have seen the market but this has taken quite a hammering ! Perhaps it has something to do with falling oil price ?

[davidelliott52] 21/8/2015 17:45

Have you not seen the market

[alter ego] 21/8/2015 17:28

Not the only stock showing a drop today - market related rather than stock related IMO.

[jeanesy2] 21/8/2015 15:54

Why the sudden drop?

[jeanesy2] 07/8/2015 17:17

That large trade of 115k quoted as a sell is surely a buy, below the mid-price. All the other sells quoted were at a penny lower.

[rogerrail] 05/8/2015 11:19

thanks Rivaldo

Agree with your sentiments entirely, looked at both others on a number of occasions but never found a case to buy. HAYT is a class apart.

[rivaldo] 05/8/2015 10:53

OT : RR, the other two were RNO (which I disagree with!) and ALU (which seems cheap enough but highly cyclical). HAYT seems much the best option of the three key picks imo.

[rogerrail] 05/8/2015 09:44

Rivaldo

out of interest , who where the other two ? appreciate its off topic.

thanks

Roger

[jeanesy2] 05/8/2015 09:43

Thanks for the article rivaldo. All positive. lets hope we can move upwards from here . Im also hoping for some sort of update from IC which might add to the positive momentum hre .. please !

[rivaldo] 05/8/2015 09:28

Finncap have today released their Q3 Industrial Technology sector note. In it they review the entire sector, and highlight just three companies as key picks as "companies that can remain master of their own destiny", of which HAYT is one:

"Hayward Tyler*.

The business has been transformed over the past couple of years, with significant cost reductions and supply-chain changes to make the group more efficient and flexible. We see tremendous potential in HAYT’s powergen markets as developing nations remain deficient of high quality electricity, and HAYT’s leading-edge super-critical boilers are gaining market share. Its nuclear aftermarket exposure through safety regulation is non-cyclical.

For HAYT, the oil and gas market is a positive feature, not a negative one, with potential to gain traction in a huge customer base via its MOU with FMC Technologies. The group’s recent AGM pointed to building momentum in order intake and the Luton Centre of Excellence project, targeting a doubling of capacity highlighting the medium-term upside."

[rivaldo] 04/8/2015 12:00

Buying at 88.65p and 88.4p now - looks like breaking up into the 90p's for starters towards that "conservative" 113p target price.

[rivaldo] 31/7/2015 08:40

New recent highs now, and ready to attack that old high in the mid-90p's.

Up on a single buy of 739 shares too, so perhaps a shortage of stock.

No probs shauney2, nice to be thanked :o))

[jeanesy2] 30/7/2015 19:17

Quite a few buys today also which is nice to see. I wonder when the MM's are going to let the brakes off ?!

[shauney2] 30/7/2015 16:44

Appreciate the information rivaldo.

[gswredland] 30/7/2015 16:31

With these broker recs I don't think it will be long before we are breaking out.

[rivaldo] 30/7/2015 14:29

Nice 75k buy at 88p just reported.

[rivaldo] 30/7/2015 13:38

The IC say Buy:



"Specialist engineer Hayward Tyler (HAYT), which supplies global energy markets, has won £13.5m worth of contracts during the past three months, which is 14 per cent ahead of last year. We keep our buy recommendation."

[rivaldo] 30/7/2015 09:20

WH Ireland have updated as follows, saying Buy with that 113p target:

"Hayward Tyler*: Luton update and new contract wins (CORP)

The group has won £13.5m of new orders in the first quarter across the nuclear, power and oil & gas sectors, including an agreement with GE Oil & Gas for the supply of a subsea motor. This solid level of order intake represents growth of 14% ahead of the same quarter last year. The second and final tranche of funding for the secured loan note has been issued, raising £1.4m (before costs) in order to support the development of the Luton Centre of Excellence. The development project is on track and on budget and due to complete by July 2016. Foundations have been laid and the construction of the test beds recently started. It will enable increased throughput, reduced lead times, lower working capital and enable a doubling of capacity. No change to forecasts.

We consider the shares have yet to catch on to the massive potential the recent MOU with FMC Technologies has to offer in terms of its scope to tap into FMC’s own customer base and create a substantial new revenue stream in the oil and gas sector.

Once this potential is converted into new customer contracts, the shares should rerate to a significantly higher level.

We retain our conservative 1-year price target of 113p, based on a target P/E of 14x; compared with the current rating of 10.6x, this offers attractive upside"

[petewy] 30/7/2015 08:51

Good news: 51% shares held by institutions. Yet only 9000 shares bought. Someone even sold!!! Directors must be screaming. I will still hold.

[rivaldo] 30/7/2015 08:26

Yep! HAYT, ACSO, CMS, PEG....all the news flow this week is far too good. It's bound to go wrong some time :o))

WH Ireland have reiterated their 113p target price this morning.

It's time for HAYT to re-rate.

[glyn10] 30/7/2015 08:03

Good news indeed Riv. , what with Accesso aswell, looks like a good week !

[rivaldo] 30/7/2015 07:29

Excellent update:

- all on track at Luton
- large new orders received
- order book well ahead of last year
- in particular, a first order from GE for a subsea motor. These are presumably the ones that sell for £1m+, so repeat orders from the likes of GE would bring a step-change in revenues.

Hopefully this good news will see a breakout for the share price.

[jeanesy2] 30/7/2015 07:22

News at last !I make it the same Shanklin. I would have liked some more specifics on those contracts. Everything seems on track at Luton which is good news. Sales 14% ahead of this time last year is also good.

[shanklin] 30/7/2015 07:16

FY results included:

"However, given strong order intake in the first two months of FY2016 of £9.8 million..."

So, £3.7m of orders in the final month of Q1.

[jeanesy2] 28/7/2015 14:35

A couple of nice buys at full ask. News please !