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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hyve Group Plc | HYVE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 120.60 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 120.60 | 120.60 |
| Industry Sector |
|---|
| MEDIA |
| Top Posts |
|---|
Posted at 02/3/2023 06:36 by zam1 Financial Times,Investors brand US private equity swoop for UK's Hyve 'opportunistic'--Rea |
Posted at 21/2/2023 23:43 by southernsong Certainly an interesting day.The offer, followed by two holdings announcements, namely Blackmore and Odyssean both declaring their recent purchases of c.5.9M shares and 6.6M shares respectively. I suppose these would finally explain the massive spike in volume we saw on February 10th. As to the offer, I'm not sure what Mark Shashoua and the BOD will make of it really. The shares were trading quite a bit higher than 105p prior to the big fall we saw at around the time Russia invaded Ukraine. This fall, aside from the obvious and outright 'bad news' that comes with a war, was because HYVE's portfolio of events had exposure to both Ukraine and Russia. Since then however, and over the past year, the company has been overhauled and brilliantly managed and refocussed. The loss of those two markets has been more than compensated for elsewhere, to the extent that the business is healthier and better positioned for growth now than it perhaps ever has been. And what's more, the Ukraine assets were sold whilst retaining something of the structure of future viability of those events for the people in that native country. The order book is rammed. The scope for growth in the U.S. via Fintec is very obvious so it's no surprise this bid has emerged from America. The company is planning two investor days in March, one of which is in Las Vegas. Plus they are holding back a trading update to coincide, I'm sure. I haven't held a company which has been the subject of a bidding battle in some time.......but I would not be at all surprised to see some competition emerge after today's announcement. I feel certain there will be another suitor or suitors keeping watch of HYVE and today's statement may well force their hand. If that happens we must surely be looking at 125p+? Hyve is a quality business that has ridden out perhaps the worst storm it could have faced in Covid (it is afterall public, face to face trade/events business). It has also, to some large degree, future-proofed itself in that should another Covid-like situation occur again, it can carry on trading through the virtual platforms it has now put in place. Would M.S. take a bid that values the company at less than it was prior to the transformative work done by him and the team over the past year? I really don't know. If another bidder emerges, that will help form the ultimate negotiation. It's going to be a very interesting month ahead to watch unfold. |
Posted at 21/2/2023 11:59 by boozey in some ways this is not a complete surprise, the share price has been moving upwards, especially once the US markets open, for a number of days. But given the robust business model Hyve now has and how its core markets have opened up again, to say this offer is satisfactory would be short of the mark by some margin.As a private investor with a modest holding and no material say I will simply sit tight for now and see how this plays out. A final offer around 120p would probably be more respectable. Note how the announcement states 'preliminary and conditional offer' |
Posted at 20/2/2023 16:14 by southernsong Looking very strong here once again.I'm surprised we didn't have a holdings RNS after than massive volume spike just recently. A worked order no doubt. I agree Boozey.....the upcoming investor days in Las Vegas and London are compelling and I believe HYVE are holding back the next trading update to coincide with it. Would be odd to release flat trading news at such an event. I also think we will see a new product launch at around the same time - greater Fintec penetration into the States is my guess. We'll see. Could see decent interest build up between now and the events. Look at the last two released order book figures for 2023 and the growth seen between the two. Come mid-late March we wont have seen any new figures for around three months, so let's hope it's a bumper update when it comes. 150p+ would be laaarvly....and could easily see HYVE rally beyond that if the figures are punchy enough. |
Posted at 06/2/2023 18:47 by boozey Well one supposes they wouldn't be doing these investor days without at least half decent news! |
Posted at 06/2/2023 09:01 by southernsong March looks to be the month at HYVE.Two Investor Days (Las Vegas and London), with a HY trading update thrown in for good measure. I'm expecting some decent figures and interest to arrive here as we move closer to those dates. Hyve Group PLC Notice of investor days and HY23 trading update 06/02/2023 7:00am UK Regulatory (RNS & others) Hyve (LSE:HYVE) Intraday Stock Chart Monday 6 February 2023 Click Here for more Hyve Charts. TIDMHYVE RNS Number : 9295O Hyve Group PLC 06 February 2023 6 February 2023 Hyve Group plc ("Hyve" or the "Group") Notice of investor days and HY23 trading update Hyve Group plc, the next-generation global events business, today announces that it will host two investor days, with visits to events in March 2023: one in Las Vegas at Shoptalk on 27th March and the second in London at Bett on 30th March, where analysts and institutional investors will learn more about digitisation the Hyve way from the Group's senior and divisional leadership team, and see it in practice through visits to the Shoptalk meetings programme and Connect@Bett respectively. Registration and full information about events is available on hxxps://hyve.group/I Both Investor days are in-person events and there will be no option to attend virtually. Recordings of the presentations and corresponding slides will be available on the Group's website after the events. The Group will also issue a trading update for HY23 on 27th March to coincide with the first investor day. |
Posted at 11/1/2023 12:37 by southernsong Volume looks as though it's about to pick up here.The MM's seem to have their own spread they work to before they're finally forced to move the mid price up. 120p remains the initial target here, but I think by the time we've reached that, the company will have updated the market and I reserve the right to upgrade :O) Imo we can expect: 1) A trading update early February. 2) New product launches (more fintec and retail tech into the US (?). 3) Two Investor Events in March. As I've previously posted, HYVE was happily trading well above 100p before the Russian invasion. Since then they have answered any concerns regarding the Russian / Ukraine market emphatically and more generally the business has since had almost a year of continued transformation. The market is late to cotton on here but it's going back to 100+ imho. ADYOR etc. |
Posted at 08/1/2023 15:36 by southernsong Yes One_Frankel....absolI think we'll get a trading update at HYVE around the beginning of February (the AGM for the year ended 30th Sept is set for Tuesday 3rd). Also note that there are two Investor Days scheduled in March (one in London and one in Las Vegas). We already know that moving into Financial year 2023, the order book was looking superb. What's worth noting are the figures given in both the Pre-Close RNS of 5th October (which shows the forward order book sitting at some £68M) and contrasting this with the RNS of 13th December (which I've copied below), which shows that the order book had risen to some £98 Million). There are no two ways about it, that really is excellent organic growth and what is so impressive is that it has come with the elimination of the Russian and Ukraine markets (for obvious reasons) and STILL with the Chinese market yet to fully reopen. The Far East is no longer a main focus for HYVE as it has proven, quite brilliantly, just how well it can do from repositioning itself into established Western markets. But China, when it does reopen, will, I'm sure, provide a further significant boost to revenues on top of what we are already seeing. The big driver for 2023 could come from the USA via the ShopTalk / RetailTech and Fintech Meetup products. Currently the USA generates approx 30% of HYVE's revenues and as a relatively new player there what with their acquisition, you feel as though they have barely scratched the surface. The CEO has already stated that demand in the US was basically oversubscribed....so I am certain we will see massive upside in the US and perhaps this market is where we will see the likely 'new product launches' that are mentioned in recent RNS. Fintech and Retail/Shoptalk is where it is at in the US. The opportunity for expansion into both of those areas is vast. By any measure however, and on the early signals we've been given for 2023...you would have to say that it's looking like a record year ahead. And the restructuring of the debt (which is now reducing, meaningfully) with a new facility to Aug 2026 ads further reassurance. The CEO has stated on more than one occasion that the recovery of the business has been rapid and quicker than anticipated. It is the market which is slow to catch up here and although the share price is starting to recover, it is not yet even at the pre Russian invasion slump which occurred in March....the concerns around which the company has since answered emphatically. I think this is a solid buy and hold and I can see us back to 120p - 140p over the coming months. It could well move through that if the growth in 2023 is maintained and the new products (particularly into the US) launch successfully. If it continues to creep up as it has been that is fine. Likewise I am happy and prepared to take more should it pull back at any point. All my opinion only so NAI and ADYOR etc. Hyve Group PLC Preliminary Results 13/12/2022 7:00am Hyve (LSE:HYVE) Historical Stock Chart From Dec 2022 to Jan 2023 Click Here for more Hyve Charts. TIDMHYVE RNS Number : 5080J Hyve Group PLC 13 December 2022 13 December 2022 Hyve Group plc ("Hyve" or the "Group") FY22 Preliminary Results Fast pace of recovery delivered strong performance Transformation concluded: Platform for growth established -- Hyve is now unrecognisable from its form in 2017, with a streamlined and de-risked portfolio of global, market-leading events and almost 95% of revenue now in advanced economies -- Full schedule of FY22 events ran outside China delivering revenue of GBP122.5m (2021: GBP21.8m(1) ) with a number events outperforming pre-COVID-19 levels -- 110%(2) revenue recovery compared to pre-COVID-19 levels in the second half and 90%(2) revenue recovery for FY22, on a pro forma basis after excluding China(3) -- Headline profit before tax of GBP11.5m (2021: GBP13.9m(1) ) -- Headline EBITDA of GBP23.7m (2021: GBP28.0m). Excluding the impact of insurance proceeds of GBP19.3m (2021: GBP65.0m), headline EBITDA has increased by GBP41.4m to GBP4.4m (2021: loss of GBP37.0m(1) ) -- Headline diluted earnings per share of 4.2p (2021: 4.9p(1) ) -- Positive cash generation resulted in adjusted net debt of GBP71.0m (2021: GBP79.9m) at the lower end of the GBP70-90m guidance range from the beginning of FY22 -- As a result of the GBP135 million refinancing completed in October 2022, the Group has a strengthened balance sheet with facilities committed to Autumn 2026 and the financial security to drive further organic growth -- Entering 2023 with momentum and good visibility of earnings through strong forward bookings of GBP98m (FY22: GBP67m(1) ) Mark Shashoua, CEO of Hyve Group plc, commented: "2022 has been a year of significant achievements for Hyve as we drew a line in the sand on the past. The business is unrecognisable from its form in 2017. We have successfully delivered on our ambitious structural transformation and today's results show the significant progress we have made delivering an industry leading recovery and performance. This is a testament to the hard work of everyone at Hyve and I want to express my sincere thanks to our whole team. "Our portfolio of market-leading events is now de-risked, with almost 95% focused on advanced economies with an emphasis on digital-ready growth sectors. The most significant change to our portfolio during the year was the sale of the Russian business following Russia's invasion of Ukraine. I am pleased that we were able to find an outcome which answered our compliance with sanctions and moral obligations, while also offering stability to our 200+ former Russian colleagues and providing the best opportunity to realise value for the business. We continue to invest in our digital diversification and product extensions to deliver the highest quality customer experience and unbeatable return on investment. Hyve now has a strong platform from which to deliver growth and sustainable long-term value. "While we are mindful of the global economic headwinds, we are reassured by the strong visibility of future earnings, cash generative business model and forward bookings of GBP98m. We continue to see customers choosing market leading events even in times of economic downturn, as evidenced by double-digit growth in like-for-like customer spend for the third consecutive year going into 2023. |
Posted at 13/12/2022 07:55 by southernsong Hyve Group PLC Preliminary Results13/12/2022 7:00am UK Regulatory (RNS & others) Hyve (LSE:HYVE) Intraday Stock Chart Tuesday 13 December 2022 Click Here for more Hyve Charts. TIDMHYVE RNS Number : 5080J Hyve Group PLC 13 December 2022 13 December 2022 Hyve Group plc ("Hyve" or the "Group") FY22 Preliminary Results Fast pace of recovery delivered strong performance Transformation concluded: Platform for growth established -- Hyve is now unrecognisable from its form in 2017, with a streamlined and de-risked portfolio of global, market-leading events and almost 95% of revenue now in advanced economies -- Full schedule of FY22 events ran outside China delivering revenue of GBP122.5m (2021: GBP21.8m(1) ) with a number events outperforming pre-COVID-19 levels -- 110%(2) revenue recovery compared to pre-COVID-19 levels in the second half and 90%(2) revenue recovery for FY22, on a pro forma basis after excluding China(3) -- Headline profit before tax of GBP11.5m (2021: GBP13.9m(1) ) -- Headline EBITDA of GBP23.7m (2021: GBP28.0m). Excluding the impact of insurance proceeds of GBP19.3m (2021: GBP65.0m), headline EBITDA has increased by GBP41.4m to GBP4.4m (2021: loss of GBP37.0m(1) ) -- Headline diluted earnings per share of 4.2p (2021: 4.9p(1) ) -- Positive cash generation resulted in adjusted net debt of GBP71.0m (2021: GBP79.9m) at the lower end of the GBP70-90m guidance range from the beginning of FY22 -- As a result of the GBP135 million refinancing completed in October 2022, the Group has a strengthened balance sheet with facilities committed to Autumn 2026 and the financial security to drive further organic growth -- Entering 2023 with momentum and good visibility of earnings through strong forward bookings of GBP98m (FY22: GBP67m(1) ) Mark Shashoua, CEO of Hyve Group plc, commented: "2022 has been a year of significant achievements for Hyve as we drew a line in the sand on the past. The business is unrecognisable from its form in 2017. We have successfully delivered on our ambitious structural transformation and today's results show the significant progress we have made delivering an industry leading recovery and performance. This is a testament to the hard work of everyone at Hyve and I want to express my sincere thanks to our whole team. "Our portfolio of market-leading events is now de-risked, with almost 95% focused on advanced economies with an emphasis on digital-ready growth sectors. The most significant change to our portfolio during the year was the sale of the Russian business following Russia's invasion of Ukraine. I am pleased that we were able to find an outcome which answered our compliance with sanctions and moral obligations, while also offering stability to our 200+ former Russian colleagues and providing the best opportunity to realise value for the business. We continue to invest in our digital diversification and product extensions to deliver the highest quality customer experience and unbeatable return on investment. Hyve now has a strong platform from which to deliver growth and sustainable long-term value. "While we are mindful of the global economic headwinds, we are reassured by the strong visibility of future earnings, cash generative business model and forward bookings of GBP98m. We continue to see customers choosing market leading events even in times of economic downturn, as evidenced by double-digit growth in like-for-like customer spend for the third consecutive year going into 2023. Your browser does not support HTML5 video. 1 Results for the year ended 30 September 2021 have been restated for the treatment of the Russian, Ukrainian and Turkish businesses as discontinued operations as disclosed in note 12 to the consolidated accounts. 2 As no events were able to run in China in the year, FY22 China revenues were GBPnil. The FY19 revenues for China have been removed to show the recovery level of events that were able to run during the year. 3 Recovery is assessed with reference to pro forma FY19 revenues. The FY19 revenues have been adjusted to include the FY19 results of acquisitions made since September 2019 and to exclude the FY19 results of businesses that have since been disposed of. The FY22 revenues are after excluding discontinued operations in respect of Russia, Ukraine and Turkey. Strategic and operational highlights -- Successfully completed portfolio transformation with full return of events outside China and strong performance across all KPIs -- Streamlined and de-risked portfolio, focused on advanced economies following disposals of Russia, Ukraine, Turkey, Indonesia and ABEC -- Growing omnichannel portfolio strengthened by acquisitions and successful integration of 121 Group and Fintech Meetup -- NPS scores well above industry average and pre-COVID-19 levels -- Organic growth being driven through product extensions such as Ahead by Bett, Shoptalk Europe and Green Energy Africa and the launch of full-scale meeting programmes following successful trials in FY22 -- Meaningful progress in embedding ESG strategy across the business Outlook -- Strong forward bookings and customer like-for-like spend with FY23 on track to be the third consecutive year of double-digit growth, providing good visibility and confidence in the year ahead -- Clear demand for Hyve events with further new launches planned in 2023 -- Proportion of tech-enabled revenues expected to grow as multiple full-scale tech-enabled meetings programmes are rolled out -- Planned investments into growth initiatives to scale up tech-enabled meeting programmes will have a positive impact on revenue and profitability -- Well positioned to deliver operating profit margin growth to ahead of pre-COVID-19 levels over the medium term Results presentation There will be an analyst and investor presentation via webcast hosted by Mark Shashoua, Chief Executive Officer and John Gulliver, Group Finance and Operations Officer at 9:15am (GMT) today. Webcast link: hxxps://kvgo.com/IJL Dial in number(s): UK-Wide: +44 (0) 33 0551 0200 UK Toll Free: 0808 109 0700 New York New York: +1 212 999 6659 USA Toll Free: 1 866 966 5335 Password: Quote 'Hyve' when prompted by the operator |
Posted at 04/12/2020 09:46 by shakesmaster So keep watching the share price rise then, investor champ, it seems you know more the Hedge funds that has been mopping shares.In fact the savvy investors here been mopping since 70p-80p. Let me guess savvy investors being up 60%-70% do not know what they are doing. Some will be up nearly 200% when it does rise to 200p. |
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