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HERC Hercules Site Services Plc

36.75
-0.25 (-0.68%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Hercules Site Services Plc HERC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.25 -0.68% 36.75 15:00:13
Open Price Low Price High Price Close Price Previous Close
37.00 36.75 37.00 36.75 37.00
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Hercules Site Services HERC Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
15/01/2024FinalGBP0.011222/02/202423/02/202422/03/2024
05/06/2023InterimGBP0.00620/07/202321/07/202324/08/2023
16/01/2023FinalGBP0.011223/02/202324/02/202324/03/2023
08/06/2022InterimGBP0.00621/07/202222/07/202224/08/2022
28/03/2022FinalGBP0.01728/04/202229/04/202201/06/2022

Top Dividend Posts

Top Posts
Posted at 05/2/2024 14:54 by mrmcnee
Moving up now on the back of this new interview, CEO talks big project numbers towards the end and HERC look to benefit, the shares are very cheap.

Only 13% of the 62m shares in free float.

I can see that 50p+ broker target coming PDQ.
Posted at 01/2/2024 13:08 by m1sterx
This is moving, no wonder, recent broker coverage has a 55p price target, at current levels the dividend yield is 7%.
Posted at 22/1/2024 00:43 by melloteam
Just to let shareholders and prospective investors know that Hercules Site Services will be presenting on the MelloMonday webinar on Monday 22nd January 2024, starting at 5pm.

Programme:
5:00pm Paul Hill presents “Where the markets are wrong & how to profit?”
5.30pm New IPO…Tertre Rouge Assets (TRA)
6:10pm Company presentation by Hercules Site Services (HERC)
6:50pm Educational Session
7pm Company presentation by Good Energy (GOOD)
7:40pm BASH Panel with Kevin Taylor (JNEO), Mark Simpson (NXQ) and Richard Crow (AVON)

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 16/1/2024 09:45 by edmonda
"Strong conclusion to FY23, positive start to FY24" (new research note from Equity Development)

Hercules has reported strong full year results, with profits well ahead of our expectations. Against a supportive backdrop for infrastructure investment, we believe momentum is building and a positive outlook statement anticipates another year of growth in FY24. We reflect this in our revenue forecasts, whilst noting that an increasing interest charge will reduce profits in the short term.

All three divisions contributed to the strong growth in FY23, but Labour Supply remains, by some distance, the largest element of the Group. This division accounted for 75% of Group revenue and 65% of gross profit whilst also delivering the strongest revenue growth in FY23 (+92%). This was driven in particular by additional demand under the Balfour Vinci JV contract on HS2 (London to Birmingham), which still has several years to run.

The outlook statement strikes a positive tone, highlighting new revenue streams which should make a positive impact in FY24. Further organic progress therefore looks well underpinned and November’s Future Build acquisition (Hercules’ first deal) adds another leg to the growth story.

Hercules trades on a FY25 P/E rating of c.16x and a dividend yield of 7% with scope for good earnings growth over the medium term. Our new Fair Value / share estimate is 55p (from 60p), representing a FY25 EV/EBITDA rating of 11.5x

Link to report:
Posted at 01/12/2023 10:52 by edmonda
Hercules' deal for Future Build Recruitment is both highly complementary and earnings enhancing.
Equity Development see HERC as materially undervalued and keep a 60p/share Fair Value, as you can hear/read in the new note out today. Free access here:
Posted at 06/6/2023 07:18 by yellowstoneadvisory
Webinar today at 12pm. #HERC - Meet CEO Brusk Korkmaz and CRO Paul Wheatcroft who will provide an introduction to Hercules Site Services plc and update on performance following the publication of the HY results which were released yesterday

Register:
Posted at 27/2/2023 14:42 by dr biotech
This was given a moderately positive write up in scsw this month, though the conclusion wasn't to jump in anytime soon. Interesting bit mentioned that the founder and CEO didn't take his dividend this year but did well by increasing the rent on the offices that HSS use. Thats a bit of a red flag for me. I don't like seeing companies that IPO raise more money so soon or at such a high discount either - and there doesn't appear to be any specific use for the money.

Its on my watchlist as I keep a theoretical portfolio of companies that have used Primary Bid - thats been quite interesting in itself.
Posted at 30/10/2022 16:19 by masurenguy
MIDAS SHARE TIPS: Hercules Site Services is a giant that finds workers for rail and road projects and could build your profit
FINANCIAL MAIL ON SUNDAY: 30 October 2022

Back in September 2021, the Government pledged to spend £650bn on infrastructure projects across the UK, from hospitals to roads to power stations. Much has changed since then but we are still in urgent need of investment in schools and hospitals, enhanced transport links and a more secure energy system. All this activity requires not just billions of pounds but also thousands of workers. The construction industry already employs more than two million people but researchers predict that it will need at least 250,000 more by 2026.

Hercules Site Services is helping to bridge the gap. The company joined the AIM market last February at 50.5p a share. The stock has since fallen to 42.5p, but the price should recover and then some as chief executive Brusk Korkmaz flexes his muscles and shows what Hercules is made of. Ten years ago he founded Hercules from his bedroom, sourcing and supplying construction workers for contractors. The company has grown consistently since then, providing top businesses such as Balfour Beatty, Kier and Skanska with workers ranging from bricklayers, plasterers and pipelayers to engineers, foremen and supervisors.

From the start, Hercules has had a digital slant, using technology to make the recruitment process as simple and effective as possible. In 2019, Korkmaz went one stage further, creating the Hercules app which allows users to find out instantly about jobs that are relevant to them and in their local area. More than 7,500 workers have registered with the app and numbers are growing fast. Hercules vets applicants and – once they have been approved – Korkmaz and his team make it their business to keep app users in work. Several hundred are already busy on the HS2 railway project, with others laying fibre cables in Kent, upgrading the M42 near Birmingham and fixing waterworks in London. Hercules aims to ensure that workers can move seamlessly from job to job, without having to travel far from home. And, even though labourers are contracted out to big building firms, Hercules takes charge of paying them and looking after them.

Korkmaz takes this part of the business particularly seriously, ensuring that workers receive a decent wage and are paid on time. He also sends mobile health and wellness units to various sites offering medicals, hearing and eye tests, even lung function analysis and wellbeing assessments to anyone who wants them. Korkmaz is a real advocate of inhouse training as well, intending to open a specialised academy in Nuneaton, Warwickshire, next year to attract new workers into the construction industry and help existing labourers to learn new trades. Planning applications have been submitted and local authorities are keen so there are high hopes that Hercules will receive the green light within the next few weeks.

Labour supply accounts for some 75% of Hercules' revenues, but the group also offers contractors help with individual projects, managing and delivering them from start to finish where needed, often using topnotch technology to complete jobs efficiently and at low cost. The firm has one final string to its bow, providing specialised kit to construction sites, particularly suction excavators, big machines which make below ground excavation safer, faster and much more effective than traditional, more manual methods.

Figures for the year to September 30 will be announced next January but, earlier this month, Korkmaz said revenues would be more than £45m, up around 38% ahead from 2021, while profits are likely to show strong growth too. Unusually for a small, AIM-listed business, Hercules pays a dividend as well, with 1.7p offered to shareholders for the year to last September and payments expected to increase steadily in line with profits.

Midas verdict: Based just outside Cirencester, Hercules is a fast-growing UK business with robust long-term prospects. Britain's infrastructure is creaking at the seams, several projects are already under way and more should follow. Hercules can supply these schemes with trained, local labourers and specialised safety kit. At 42.5p, the shares are a buy.
Posted at 28/3/2022 07:17 by jonwig
£0.m profit before an exceptional tax charge sent them into loss;



However it's dressed up, I find theshare price far too high. And the reversal of the expected deferred tax asset might be thier own miscalculation.
Posted at 11/2/2022 07:16 by jonwig
Live presentation 09/03 at noon:



I still find it over-priced, but mayb they have a plan.

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