|HSS Hire Group PLC
||EPS - Basic
||Market Cap (m)
HSS Hire Group Share Discussion Threads
Showing 701 to 723 of 725 messages
|Seems directors can't get shot of shares quick enough?|
|From Motley Fool:
Shares in equipment hire firm HSS Hire Group (LSE: HSS) fell by more than 5% this morning, despite the firm’s assurances that Q1 trading was in line with expectations.
I suspect that investors selling the shares are concerned about the group’s debt situation. The firm announced the appointment of a new chief financial officer today, alongside news that its net debt rose from £218m to £234m over the last three months.
Based on the firm’s 2015 results, this means that HSS’s net debt is worth more than the £183m value of its property, plant and equipment. The firm’s net debt of £234m is also nearly 20 times this year’s forecast profit of £12m.
These figures suggest to me that HSS could find it difficult to repay or refinance its borrowings. A rights issue or placing to make the firm’s debt more sustainable is a definite risk.
For this reason I don’t think HSS is an attractive buy at the moment. The shares could have further to fall.|
|Aside from the usual merger speculation there was a rumour last December that HSS was fighting off the predatory attentions of Ashtead.
Any bidder for Speedy would not come cheap. Toscafund would probably want close to the March 2014 peak of 83p before agreeing to any deal.|
|Speedy by my last calculation were 51% owned by funds if you include Tosca's holding. I think 51% of hss is still in private hands with equity group. Tosca buying on behalf of someone else or just speculative accumulation??|
|Yet Speedy's share price is languishing. It's abysmal.It announces it's full year results next Tuesday - when things could get a bit lively!|
|Yes because of the Tosca fund buying and not dead rumours of a merger with Speedy. People are loading up thinking that Tosca funds buying of both hss and speedy might have something to do with it.|
|Incredibly these are back over the £1 mark.|
|Yes, maybe everyone who posts here lies. Maybe even the moderator of this board was making his trades up. Maybe the moon is made from green cheese.|
|Odd that you believe what anyone posts on a the biggest troll-forum in the world and not a website that tracks official data from the biggest funds in the market. But whatever rocks your boat.|
|Odd that you think that the shorttracker site is fully accurate, despite its disclaimers.
What we know for certain is that shorters posted on this board, and this share offered ample opportunity for them to profit from June to December. From here I believe that they have nothing to gain, and a lot to lose.|
|No one is shorting this: HTTP://shorttracker.co.uk/ not even an entry.|
Disembarked, but still ready to board if and when the opportunity presents.
HSS remains, in my view, a second rate business, teetering on the edge of serious problems.|
|Year End Trading Update and Notification of Preliminary Results
HSS Hire Group plc ("HSS" or "the Group") today issues the following trading update for the financial year ended 26 December 2015.
Trading in the final quarter was in line with the update announced on 25 November 2015.
For the year to 26 December 2015, the Board can confirm that Group revenue grew 10% on the prior year, compared to the guided range of 8 - 11%, and full year results are anticipated to be in line with management expectations.
The Group's 2015 Preliminary Results will be announced on 6 April 2016.
Could all shorters now kindly disembark?|
|Toscafund now holding 5.36% of HSS. Also 18.1% of SDY.
They're building up their position in both companies. Could a merger be on the cards again soon?|
|Yes these were a prime example of a share whose price had fallen to far. I expect we will see a £1 this year which is about 40% up on where we are now.|
|Typical reaction of somebody who's missed out on 50 percent profit in a month|
|it's risen just in time for the next profit warning. like before.....short|
|One of these days someone will bid for HSS. The time to strike a target is when the company is about to turn around its fortune. The takeover price is probably the cheapest and yet the underlying business is good but with various issues, which given the right treatment and financial support, will produce the greatest reward for the bidder several years down the line.
Mark my words. 100 p beckons.|
|I've just bought some this week , may only be speculation but I heard they were in the midst of signing a very lucrative contract with AMEC|
|Share price seems to have stalled - may need to wait until results in April for significant progress....|
|Merger talks - share price risen marginally, expect we might hear more on sector consolidation in the new year and HSS should massively benefit. We will see.::::|
|Lots of buying action again.... Something in the midst ?|
|Take over - do others expect to see consolidation and maybe HSS and Speedy merging, talking again as has been rumoured by Sky ? Seems common sense for both parties to massively increase profitability and assets utilisation. Let's hope stubborn management doesn't ruin the day.
Also could Ashtead launch a take over for HSS ?
Wherever this heads I think HSS shareholders will make massive gains from where share price is today IMHO dyor. Time will tell .....|