Hellermanntyton Share Discussion Threads

[alter ego] 11/12/2015 08:06

news from my broker

The Scheme was approved at the General and Court Meetings held on 15 October 2015. The Court Hearing to sanction the Scheme will be held on 16 December 2015 and the Scheme is expected to become effective on 18 December 2015. with the resulting cash proceeds expected on or around 4 January 2016.

[wildshot] 14/10/2015 13:43

Thanks for the update alter ego.

[alter ego] 12/10/2015 16:42

I don't think there is a fixed date yet. It will be so many days after a court hearing which has got fixed date, etc but from memory, I think it should happen in December. Apologies if my memory is faulty.

[wildshot] 12/10/2015 16:35

Does anyone know the date the acquisition will be complete please (that is the date our shares are sold and we get the cash in our broker accounts). There are so many RNS' everyday I can't find a timetable for completion.

[mike740] 30/7/2015 21:07

WOW, just seen this been at the cricket for the last 2 days , what a lovely surprise.

Brilliant.

[woodcutter] 30/7/2015 11:58

apf wtf has IRG got to do with HTY go ramp your micky mouse oilers elsewhere.

wc

[woodcutter] 30/7/2015 11:56

Artemis, AXA and JP Morgan have given letters of intent of irrevocable undertakings and also the directors so around 10% of the shareholders are in acceptance.

The major share holder is Doughty Hanson who are principally private equity so i'd be surprised if they didn't accept the offer. Then with the other insti's standard life, ruffer etc on board it would seem a done deal. Might be a bit drawn out that's the only issue but after a quick scan of the offer there doesn't appear to be any regulatory jurisdiction issues.

aimho

woody

[apfindley] 30/7/2015 11:53

Independent Resources IRGWorth looking at IRG, £1.3m mkt cap, survey news in next few weeks, and then farmout of 108mmbbls asset with previously "discovered" oil. Also Italian gas storage approval too.0.7p but broker figure of 133p minimum.

[cisk] 30/7/2015 10:11

cheers Woody

There's also the div of 'up to' 2.2p per share plus the ~10p difference between current share price and offer price. At least it's all in cash.

It's a good company so in a way sorry to see it go.

Also hold GKN and Senior, suspect (especially in the case of GKN) the selloff has been overdone and they are looking cheap at present.

[woodcutter] 30/7/2015 09:51

Hi Cisk

Holding at present, i've been distracted this morning with some other events so haven't had time to look at it thoroughly, not sure if it has similar issues as the ALNT take over, which will be subject to regulatory consents from a number of jurisdictions. But i'm holding that too.

We may see a alternative bid you never know, look at all the fuss with GVC etc and Bwin. Most likely i'll hold. Roughly half the shares are held by five major institutions and i'd be surprised if they didn't think it was good value.

Will read the offer in detail later and if i have any other thoughts will post them.

woody

[cisk] 30/7/2015 09:17

Hi Woody,

I've held these for some time now - just wondered what your thoughts are re: any alternative offer coming through?

You holding until the payout or selling in the market?

[woodcutter] 30/7/2015 08:44

thanks s1 40% return in a just a few weeks. I'll flag up the next one when i've found it................after i've loaded up mind you!

A lot of research into value and a lot of time studying charts too.

Both ALNT and HTY are big players in their respective sectors, They have significant market share and good barriers to entry and are very simple businesses and but very unglamorous. Their valuations were well below current market over priced trends.

M&A activity is as high as it's ever been so expect more. Odd how businesses tend to become more acquisitive when the markets are strong, it also is a good indicator that we are nearing the top of the market imv.

woody

[festario] 30/7/2015 08:34

Good question SG, I got inquisitive over here too...

[superg1] 30/7/2015 08:29

Woody

Well done, No idea who you are, but I spotted your double hit when trawling through news.

What's the 3rd one going to be :-)

[woodcutter] 30/7/2015 08:19

How perceptive was that?

480p a share take out price.

ALNT and HTY in the space of a few weeks, fantastic returns

happy woody

[woodcutter] 29/7/2015 14:40

At the end of year at H2 31st december '14 the share price was 315p

When the results were released on 2nd march this year the share price was 326p roughly were it is today, it subsequently went on an up-trend and has now pulled back

Since then we've had a positive Q1 trading statment with significant growth at both contstant currency and at reported exchange rates.

The weaker Euro can only help their exports to US and UK and the weaker oil price should be aiding material costs too. And they report in Euro. The only downside i can see is a dividend in £gpb.

The auto market is strong and sales are at record levels. Okay the oil services and oil exploration and opex sectors are in decline and so too are miners but i would think this is not a major concern.

They have exceptional cash flow with operating cashflow exceeding operating profits so the debt will come down appreciably resulting in further eps on the bottom line.

imho it looks to be on a very undemanding rating, similar to ALNT which i have a significant holding and look what happened there.

woody

[woodcutter] 29/7/2015 13:46

no problem mike

Added again today

wc

[mike740] 24/7/2015 15:28

Brokerages Set Hellermanntyton Group PLC Price Target at $373.57 (LON:HTY)
Posted by Shayan Afkhami on Jul 23rd, 2015

Shares of Hellermanntyton Group PLC (LON:HTY) have received a consensus rating of “Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 373.57 ($5.83).
A number of analysts have recently weighed in on HTY shares. Analysts at Goldman Sachs reiterated a “buy” rating and set a GBX 360 ($5.62) price target on shares of Hellermanntyton Group PLC in a research note on Thursday, July 9th. Analysts at JPMorgan Chase & Co. reiterated an “overweight221; rating and set a GBX 380 ($5.93) price target on shares of Hellermanntyton Group PLC in a research note on Tuesday, July 7th. Analysts at Investec reiterated a “hold” rating and set a GBX 335 ($5.23) price target on shares of Hellermanntyton Group PLC in a research note on Thursday, July 2nd. Analysts at Berenberg Bank initiated coverage on shares of Hellermanntyton Group PLC in a research note on Thursday, June 18th. They set a “hold” rating and a GBX 360 ($5.62) price target on the stock. Finally, analysts at Peel Hunt upgraded shares of Hellermanntyton Group PLC to a “buy” rating and raised their price target for the stock from GBX 355 ($5.54) to GBX 430 ($6.71) in a research note on Thursday, May 21st.
Shares of Hellermanntyton Group PLC (LON:HTY) traded down 0.66% during mid-day trading on Monday, hitting GBX 333.40. The stock had a trading volume of 45,073 shares. Hellermanntyton Group PLC has a 52-week low of GBX 272.79 and a 52-week high of GBX 379.90. The stock’s 50-day moving average is GBX 349.46 and its 200-day moving average is GBX 338.74. The company’s market cap is £717.97 million.
HellermannTyton Group PLC is a global manufacturer and supplier of cable management solutions for fastening, identifying, insulating, protecting, organizing, routing and connecting components. The Company’s product range covers cable management requirements within the wind turbine, as well as the network infrastructure of the wind farm. Its product range includes fixings, such as fasteners, clips and cable ties; network connectivity, including cabling systems, fiber optic jointing organizers and splicing protectors, raceways and test instruments; insulation and protection, including heat shrink shapes and tubing, convoluted tubing, spiral binding and electrical ducts; identification, including security seals, printed ties, cable markers, labels and printing systems, and installer solutions, including enclosures, racks and connectors. It serves customers in the markets of solar energy, wind energy, rail transportation, automotive, electronics and aerospace, among others.

[mike740] 13/7/2015 14:07

Lovely chart Woodcutter, Ive transfered it up to Twitter cheers, I see plenty of potential here.

[woodcutter] 13/7/2015 13:50

free stock charts from uk.advfn.com

[mike740] 13/7/2015 12:00

HellermannTyton Group broker views

Date Broker Recommendation Price Old target price New target price Notes
09 Jul Goldman Sachs Buy 344.95 360.00 360.00 Reiterates
07 Jul JP Morgan Cazenove Overweight 344.95 380.00 380.00 Reiterates
02 Jul Investec Hold 344.95 335.00 335.00 Reiterates
18 Jun Berenberg Hold 344.95 - 360.00 Initiates/Starts
30 Apr JP Morgan Cazenove Overweight 344.95 380.00 380.00 Reiterates

[mike740] 13/7/2015 11:51

HTY Hellermanntyton Group technically looks like its got a lot going for it plus its cheap fundie wise P/E 14 to 2016.

[woodcutter] 10/7/2015 14:29

been buying regularly around the 330p area. looks like a decent support position to me.

woody

[maxxyjazz] 19/5/2015 14:40

Could someone please tell me when the ex dividend dates are please. Sorry for being lazy and asking.

[gohil18] 06/3/2015 11:38

I note the share price has cleanly broken out to new 52 week highs after a long period of consolidation. Very bullish so would expect to see some nice gains in the short to medium term.