Hichens Harrison Share Discussion Threads

[saraho] 20/6/2007 21:09

well we have £4 now .........

[czar] 20/6/2007 18:03

Spangle I can't get any info on HICH, the only details I know of is the Quantum article which was incredible. If a broker published research showing the same figures HICH would soon be at £10. But there is no research so we have to wait for next set of figures etc.

[spangle93] 20/6/2007 15:14

HICH touches 400p and there's no comment???

[saraho] 15/6/2007 22:47

I had enoudgh but added today for the first time since under £2.00.I was going to sell at £7.oo but now will be holding till at least £10.00.............

[gswredland] 15/6/2007 18:23

I would agree bigbigdave. There are many of them. That makes me feel confident. Seems there is a lot more mileage in this as well.

[bigbigdave] 15/6/2007 17:13

If you check back over the thread czar think you'll find plenty of respected gents in this beauty 8-)

[czar] 15/6/2007 17:04

gswredland no, as far as I can tell the only people to have started to follow HICH are Quantum Leap. By the number of posters here there is almost nobody aware of this little company, no broker covers it either.

[gswredland] 15/6/2007 12:58

Have SCSW recommended these yet?

[thecroots] 15/6/2007 11:48

Looks like the large buyer is still about then

[tadtech] 15/6/2007 11:10

Well certainly market conditions around the world have been favourable for the likes of HICH. I notice too the excellent results from across the pond in this sector.

It was suggested on Bloomburg a while back that if there was a hostile takeover in the sector many brokers (that are usually on moderate PE's) share prices would sour in sympathy.

Price is still rising, that large buyer yesterday paid £3.80 and could still be in the market IMO.

[czar] 15/6/2007 11:03

Tadtech HICH made £1.2m for first half last year so we should expect £2.4m for the first half this year, the CEO sounds very confident so I will be a bit disappointed if they do less than £2.2m. If they make £2.4m or better the re-rating looks set to take us past your short term target of £4.50 very soon. I'm not going to buy more until then, sometimes it is safer to pay more when you know more.

[tadtech] 15/6/2007 09:30

czar

I feel the market is waking to the fact that HICH could surprise. Growth was running at 150% according to the last result statement.

Figures quoted on this BB earlier suggested a price target of £5+ was not unrealistic. Also the company, especially as it expands overseas, could attract a predator.

If next months trading statement is anything like as upbeat as the last one we could see a very strong re-rating occur.

Im sticking to my view that £4.50 is a short term target with gains well beyond this once HICH confirm positives to the market.

[czar] 15/6/2007 08:50

Tadtech I think we have to focus on £12m for next year, the CEO said "the next two years are vitually in the bag". Eps 56p on 18x gives £10.08 which is a nice round twelve month target price. The key will be the trading statement next month.

[tadtech] 15/6/2007 07:47

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

[billfisher98] 14/6/2007 22:41

Nice volume accompanying the breakout today

[paulieb] 14/6/2007 17:03

So you were the reason why I couldn't get any at 365 :o)

[bigbigdave] 14/6/2007 16:57

Bought a few more just before the close, but not that many! 8-)

[paulieb] 14/6/2007 16:36

And another :o)

[tadtech] 14/6/2007 16:24

Large buyer around it seems, what can they know???

[tadtech] 14/6/2007 15:18

Added another 3k, last breakout took this up £1

[mr ashley james] 14/6/2007 15:16

Kerboom up 7.50%

[tadtech] 14/6/2007 15:10

Still buyers coming in for this. Looking good for more and results due next month should be excellent.

[tadtech] 14/6/2007 09:38

Even before this recent speculation on excellent results the target price was £4.50 based on an average PE of 17.

If the rumours are correct then £5+ is a real possibility.

Look like another breakout now. These move fast in a thin market as we know.

[bigbigdave] 14/6/2007 08:35

4 quid soon at this rate 8-)