Norman Hay Share Discussion Threads

[investinggarden] 18/1/2010 15:50

Norman Hay wins Rolls Royce deal

[0rb1t] 18/1/2010 15:23

Norman Hay plc
18 January 2010
Contract win
Norman Hay plc announces its largest ever order for Process Plant & Equipment.
Norman Hay plc - is pleased to announce that Plasticraft, part of its Chemical
Engineering Division, has secured a GBP6.6m contract from Rolls-Royce for
process plant and equipment to be installed in Singapore.
Plasticraft, the UK's foremost supplier of surface treatment equipment to the
global aerospace sector, has secured this prestigious contract for the supply
of 10 chemical processing lines for the manufacture of aero engine components.
Together with an existing contract for a major installation in Saudi Arabia,
this project ensures continuity of production throughout 2010 and 2011 and
consolidates Plasticraft's leading position internationally.
Plasticraft personnel will carry out the plant installation, commissioning and
operator training on-site at the end user facility in Singapore as well as
providing ongoing Service Support.
Peter Hay, Chairman of Norman Hay plc said:
"We consider this project to be an integral part of our global business
strategy, with over half of our sales revenue generated overseas and one third
of our total work force now located in the Asia-Pacific region.


"Supplying high technology chemical systems, combined with bespoke
engineering solutions, for the aerospace, automotive, oil & gas and construction
industries around the world is proving to be an increasingly successful formula
for the Group".

[moneybags] 12/1/2010 14:58

Ed 123........last week the broker houses wanted to buy in Norman Hay shares but didn't really want to sell you any.I picked up another 15,000 of these shares last week but had to buy in around 4 contract notes on differing days.On one day, the most they would sell was 2,500 shares but were willing to buy in any number of them.

I thought I was the only one holding these on here......

Regards , Moneybags

[ed 123] 12/1/2010 13:20

Hi Moneybags.

Yep, YULC is going well.

I'm quietly holding HNN. The fortunes here are tied to the global recovery ...

You might be right about the YULC effect, but the recent rise of HNN has been very sudden and started before today. (Not complaining, you understand.) I wonder has HNN been 'discovered' by a tipster?

2003 to 2007 chart looked good. Formed a double bottom in 2009? Back to 150p next year? Who knows?

Happy to hold.

[moneybags] 12/1/2010 12:40

Looks like the good Yule Catto & Co PLC trading update helped these shares along today.

(8 months since the last posting......I take it not many traders are in this one then.....)

Regards , Moneybags

[cerrito] 10/4/2009 22:00

Never heard of them before the results came out last thursday but have been doing some homework and I think I will tip my toe in the water.

They are clearly not going to win any prizes in corporate governance given that none of the directors appears to me to be independent. However given their shareholding there is a close alignment between their interests and mine.
Their automotive business clearly a worry and I would need to see why they spend so much on admin expenses...indeed the info they gave on Thursday was somewhat short in detail

Nevertheless not often one sees an AIM company with such a good dividend (although they were correct to cut it )and current ratio and modest debt and hence interest expense and has a well diversified business both by product and geography.

[koolio] 31/3/2009 17:10

I might have a little punt on these. I held them once before and did OK, so I owe them the chance, can't be too much down side can there?

[jonwig] 28/3/2009 12:01

Flagged up by poster WCB on TMF, for which thanks:



FY results maybe next week.

Broker Brewin Dolphin has forecasts (dated 06-10-08) of PBT £2.40m and eps of 11.20p for the full year. (Same numbers for FY 2009.)
Given the 8.1p eps at H1 stage, that assumes a distinct slowdown in H2, which is - of course - likely.

I suppose it all hangs on the outlook statement, so I'll wait and see before committing.

[davidosh] 19/9/2008 07:48

Superb results....they seem to be doing very well and spread nicely with business around the world and directors sound confident with increased dividend too.

[davidosh] 02/4/2008 00:28

Still a big bonus to come when the city centre site is sold off too

[0rb1t] 01/4/2008 12:23

I guess because they are expanding! Trade receivable represents 90 days of turnover so looks reasonable.

[cockneyrebel] 01/4/2008 10:53

Decent results today - muted response tho.

Way of the market I guess.

CR

[cockneyrebel] 28/3/2008 11:23

Bid up this am - results Monday.

From the interims:

"Trading continues to be strong, running at a similar level to the first half of the year, as we prepare to expand our operations further into Malaysia and Australia in the latter part of this year."

Loadsa cash, good divi hike in H1, fwd PE 9.

Way off the 155p they hit in October.

CR

[myopia] 25/2/2008 23:13

I still wouldn't be particularly confident of the market in general now to be honest - a couple of good days can soon turn again and I think there are quite a few more financial shocks to come - in general i mean not necessarily for hnn though as we've seen before general panic causes the more nervous to sell even solid little companies - if anything buy when everybody's feeling very un-confident.

[cockneyrebel] 25/2/2008 20:08

Nice one. I sold half when the market tanked, stuck 5K that was left into the wife's pension. Doubled up today - would have done it two weeks ago if I had felt more confident of the market in general then.

CR

[illiswilgig] 25/2/2008 19:56

delighted that I added some more last week,

cheers

Mark

[cockneyrebel] 25/2/2008 17:41

Was expecting these to come to life soon - results are the end of March so people buying in advance of that I guess

CR

[ntv] 25/2/2008 17:30

for the mo anyway

[ntv] 25/2/2008 17:30

looking good

[cockneyrebel] 25/2/2008 12:12

Pensioned some more this morning - nice bounce.

CR

[forensic] 25/2/2008 11:57

On the way up. Looks promising with results out soon.

[ntv] 31/1/2008 21:28

jh
certainly looks a quality company imho
mm's move price on nearly every purchase and near settlement days so it is a buy and hold job

[john hampton] 30/1/2008 00:11

I'm casting my eye over these, appear very good value, its amazing how these types of Companies have been beaten up. Hope to buy in soon.

[nealcowan] 23/1/2008 10:25

I agree just bought 4000 @ 108 but shown up as a sell