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HICH Hichens Harr.

281.10
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Hichens Harrison Investors - HICH

Hichens Harrison Investors - HICH

Share Name Share Symbol Market Stock Type
Hichens Harr. HICH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 281.10 01:00:00
Open Price Low Price High Price Close Price Previous Close
281.10 281.10
more quote information »

Top Investor Posts

Top Posts
Posted at 31/3/2008 07:59 by czar
Looks like another great British company is being picked up on the cheap by the Indians. We cant blame the Indians or the Chinese for plundering our best companies when investors here run round like frightened sheep selling down good companies to the point its just a no-brainer to buy them out. HICH at £49m with cash/financial instruments of £21m and profits likely to be in the £10m to £12m range this year is being taken out at about 2.5x earings/enterprise value. What a steal, our only hope is another bidder comes in soon.

NB Panceltica comes to AIM today
Posted at 17/1/2008 07:33 by czar
I have been given a guestimate that the short position in HICH is about 400,000 shares, not a very big percentage but if these have been salted away by long term investors it will not be easy to buy these back. I checked Evil Kneivels website and he and presumably his followers have not bought back yet. Can anyone get the info on the short position?
Posted at 14/8/2007 13:27 by czar
Is nobody looking, another great deal. What are investors waiting for? Must be the half year figures?
Posted at 22/6/2007 15:39 by tadtech
How annoying these continued placings. Its like saying we do not want the share price to rise thank you! It immediately stops in its tracks any share price rise and only serves to make investors wary. I commented on this a while back. Annoying as it continually dilutes existing shareholders value.
Posted at 15/6/2007 07:47 by tadtech
I wonder whether the large investor who bought close to £250k's worth will be adding again today?

I guess they are not here for a quick turn!

If HICH make £6m which is rumoured EPS will be close on 28p which on a sector average would mean a price target of £4.80/£5

The last breakout took this up £1
Posted at 23/5/2007 20:19 by stegrego
Who says the MMs do have the shares?

I read it as they went straight to investors?
Posted at 17/5/2007 00:20 by stegrego
Shares Mag - Set to Fly


Hichens, Harrison & Co
(HICH:AIM) 301p
Sector: General Financial
Market cap: £45.2 million
3-month relative strength: 56.5%
1-year relative strength: 25.4%
A 2006 PE of 26 implies the stock has been
highly valued and a decent rise above the
FTSE All Share suggests the company is
performing well on the market. But there is a
nagging feeling that its capabilities are not
fully recognised. Hichens Harrison is the
oldest surviving broker in the City – the firm
was operating before 1803 – but it stands in
the shadows of its competitors, which is a
shame, as it is expanding rapidly and looks
like going on to bigger and better things. The
firm recently ended a three-year run of red ink
and is currently seeing strong trading,
especially in its contracts for difference
division. Hichens finished 2006 with 52
corporate clients, having raised over £150
million for them over the course of the year.
That compares with the £90 million it raised
for just 36 clients during 2005. Another string
to Hichens's bow is its expanding overseas
operations, which include bases in Asia,
Dubai, South Africa and South America.
These offices are starting to send meaningful
business through to the London HQ. The
pipeline of foreign deals is good and investors
should expect them to represent a growing
proportion of group revenues.
Posted at 14/5/2007 14:17 by tadtech
All quiet here!!


Shares taking a breather seemingly, the next leg up should propel this towards £4 even then only sitting on a forward PE of 14.

Interesting to see if the Hargreaves Landsdown float (PE at 21) on Wednesday will draw investors attention into this undervalued play.
Posted at 08/5/2007 13:23 by tadtech
Hichens Harrison, the City's oldest firm of stockbrokers, is to expand into the Middle East by opening an office in Dubai. The move, announced yesterday, is part of the group's aim to become the broker of choice for emerging markets. It has already opened offices in Asia, Africa and South America. Hichens promises to appoint a prominent corporate financier soon with extensive experience in the Middle East and North African markets.
The business plan is simple. It opens low-cost offices in the emerging world and convinces local companies the best way to finance themselves is by raising equity on London's booming AIM. For that they get a fee, the size of which depends on the amount of money they raise. Hichens also gets paid an ongoing retainer for acting as the broker and nominated adviser to these companies.
For now, it is focused on servicing mining and renewable fuel companies. Among its most recent floats are BDI Mining, South China Resources and Peninsular Gold. The broker also covers the financial services and technology sectors. At present, its push into emerging markets makes it unique in the City and means it faces little competition. Over the coming months investors can expect to see Hichens open more offices abroad, most probably in eastern Europe.




An article posted back in June by the Independant gives a good overview IMO.

Still selling on a lowly forward EPS of around 11 compared to a sector range circa 17
Posted at 06/5/2007 23:03 by liarspoker
The stake might be split between different accounts/companies etc. Irish entrepreneur Sean Quinn recently bought over 5% of Anglo Irish Bank yet it hasn't been disclosed. His holdings are through Credit Suisse who have a declarable holding. They recently announces again so I/we are not sure if Quinn's been adding or whether other large investors have increased their stake. But, yeah, I agree - it's a very interesting situation.

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