Huveaux Share Discussion Threads

[psolomons] 08/3/2010 12:18

Strong Buy recommendation:-


(Nelson's Broker Summaries via COMTEX) --


Company: HUVEAUX PLC
Consensus Recommendation: STRONG BUY
(Strong Buy: 1, Buy: 0, Hold: 0, Underperform: 0, Sell: 0)
Quarter Consensus Estimate [Q1]:...

[solarno lopez] 08/3/2010 11:23

thats why i think its a good stock they are cleaning it up for something

[pinkkasti] 08/3/2010 11:17

Sunday Times ...Inside the city : Jenny Davey

Huveaux

HUVEAUX had lofty ambitions when John van Kuffeler set it up to buy and build a business publishing empire in 2001. It lost its way and after profit warnings and slimming down, it is poised to become a tasty morsel for someone else.

Last week Huveaux sold its education arm, including the Letts study guides, for £10m to Harper Collins. The deal will wipe out its outstanding debt.

All that leaves is the political division, whose key assets are Dod's Parliamentary guides, The House magazine and various conferences.

Huveaux, which has a market value of £15m, was in offer talks two years ago but to no avail. There have been grumblings from some investors about how it has been run since then.

After Van Kuffeler departed, Kevin Hand, the former Emap boss, replaced him as chairman. His actions have left a company that is much more attractive to suitors.

No wonder Schroders, which has 11% of the company, was topping up its stake last week. Mike Danson, the former owner of Datamonitor, also has a 23% holding.

Danson has been mooted as a buyer but critics say his ownership of the left-wing New Statesman magazine makes him a bit too partisan to get involved in such publications - although it's hard to see how anyone could stop him. More likely, though, is that the company would make a good fit for Emap.

The publisher already owns DeHavilland, the lobbyists' database. Observers think United Business Media could also be interested. There are no takeover talks for Huveaux at this stage - but, just like the build-up to D-Day in May for Brown and Cameron, the campaigning has begun.

[solarno lopez] 08/3/2010 07:57

opening nicely up

[psolomons] 07/3/2010 15:19

22nd of March for the prelims should be v interesting.

[solarno lopez] 07/3/2010 11:11

Yes it has that feel about it, being tidied up ready for something

[psolomons] 07/3/2010 10:32

I'm in for a few of these. Its been a long time in sorting where the company is going but things look to be moving now.

[solarno lopez] 07/3/2010 08:30

BANG ON THE NAIL a wonderful article on HUVEAUX that fully supports my previous postings whoooopeeee and there's more to come

[solarno lopez] 06/3/2010 11:05

steady as she goes

[solarno lopez] 05/3/2010 08:04

Hi I am out of the office today so keep up the good work

[solarno lopez] 04/3/2010 16:00

I totally agree especially like you having been with this stock for a number of years...onwards and upwards

[fillipe] 04/3/2010 15:38

I'm still in with a shedload (talk about "keeping the faith" and all that tripe) and pleased with today's news.

Looks as though we'll have a good clean business with cash and a well focussed activity. Good to see the interest today and the uptick - at least we should see HVX coming up onto the radars a bit more than it hasn't in recent times.

gl everyone

f

[solarno lopez] 04/3/2010 13:38

moving steadily up in a nice refined way until the spivs get to hear of this

[solarno lopez] 04/3/2010 12:05

Volume has picked up as has the price. A loose holder has now been cleared from the market which will no longer depress the price.

[solarno lopez] 04/3/2010 10:03

agreed, that it is why I strongly believe DANSON will have been working in the background with management to clean up the company before the reverse of his publishing empire. The new Huveaux solely in the political arena will be an exact fit for Danson's group. So I have decided to buy.

[cerrito] 04/3/2010 09:25

I think Harper Collins have got a good deal from this and HVX an OK deal as it does remove quite a bit of business uncertainty for HVX.
Note that in Sept 06, Leckie and Letts were bought for £12.4m cash and of course there was he value of the old Lonsdale business.
I guess the days of 2007 when education made an ebitda of £2.9m may never return but I also guess things will pick up from the first half of 09 with its £0.2m ebitda.

After transaction expenses will be left with a company with £3m in the bank and a business which in 2008 had revenues of £17m and an ebitda of £3m; while no doubt the general election this year will mean that they will have a good 2010, tight public sector spending over the medium term will produce significant headwinds.
They are getting rather small to justify a separate AIM listing; I guess there is a modest scope for them doing acquisitions.
All in all I can understand the flat reaction in the share price and I am moved neither to sell or buy and perhaps there will be some corporate solution which will give us an exit in the 10/12p range.
I was reassured to see that net debt went down from £8.5m at June 2009 to £6.6m at Dec 09 but then of course seasonally the second half is the strongest and they would have had a benign climate in their political division.

[solarno lopez] 04/3/2010 08:45

Well worth noting that according to the announcement, is the fact that the company will be debt free with approx £3m in the bank.

[solarno lopez] 04/3/2010 08:42

Education Division sale, announced today could mean that Huveaux is positioning itself for a significant reverse takeover in the form of major shareholder Mike Danson's publishing group which includes the New Statesman.

[solarno lopez] 03/3/2010 07:30

I have bought all the way up and all the way down and still losing but am now a restrained buyer

[latifs100] 02/3/2010 18:49

hold from 30p.. bought on rumours of a mbo or takeover .. sadly did not materailise

[grahamty] 26/2/2010 12:38

Believe results confirmed for 8 march. Very disappointing that nothing since July by way of statement. Why this thread so weak ? Must be hundreds of small holders suckered on when Van K was talking of billion pound company ?

[solarno lopez] 15/2/2010 07:38

highly unlikely that a dividend will be paid

[cerrito] 14/2/2010 22:42

No reason, Nick Rubens, to think that they will vary from the first week in March that we have seen for the last two years
No idea about the dividend and my preference would be not to pay and hoard the cash/reduce debt/invest in business

[nick rubens] 03/2/2010 15:02

Any HVX bulls know when results are due and if they are still paying a dividend etc. Looks interesting.

[cerrito] 19/1/2010 10:37

HVX share price has been basically the same since mid/late May in a period when the AIM General index has gone up by a third approx and HVX's trading such as we know about it has given no upside/down side shocks and thus what Schroders are doing of modestly increasing their exposure makes sense.
I have enough but for those who have none worth a look