ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

HAT H&t Group Plc

348.00
14.00 (4.19%)
07 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
H&t Group Plc HAT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
14.00 4.19% 348.00 16:35:16
Open Price Low Price High Price Close Price Previous Close
337.00 337.00 337.00 348.00 334.00
more quote information »
Industry Sector
GENERAL FINANCIAL

H&t HAT Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/08/2024InterimGBP0.0705/09/202406/09/202404/10/2024
12/03/2024FinalGBP0.10530/05/202431/05/202428/06/2024
08/08/2023InterimGBP0.06507/09/202308/09/202306/10/2023
07/03/2023FinalGBP0.118/05/202319/05/202323/06/2023
09/08/2022InterimGBP0.0508/09/202209/09/202207/10/2022
08/03/2022FinalGBP0.0812/05/202213/05/202224/06/2022
09/08/2021InterimGBP0.0402/09/202103/09/202101/10/2021
23/03/2021FinalGBP0.0613/05/202114/05/202125/06/2021
11/08/2020InterimGBP0.02503/09/202004/09/202002/10/2020

Top Dividend Posts

Top Posts
Posted at 10/1/2025 14:48 by sigmund freud
"robust" isn't a bad word. it implies strength, or to someone who trades, that trading remains strong. "resilient" is the word to be careful about, it is a word we use when we are under strain but not yet broken. it implies that something might break in the future.
pawnbroking might not be seen as robust, but it has been around a long time, so it doesn't seem like it will break in future. and where do you go and get a loan f2f these days? there aren't many banks around.
i actually went into a pawnbrokers for the first time in my life recently, because I had some old euros, and Halifax wouldn't accept them. indeed they told me to go down the road to the pawnbrokers - "we tell everyone to go there". apparently HAT don't see foreign exchange / transfers as an expanding field. i'm not too sure. i asked about some of their other services whilst i was there (gold of course!). i had never had the b*lls to go in before. new customers can always be sold some other stuff.

unlike the banks, their loans are asset-backed by real tangible value.
NI costs might reduce their margins, but will still be profit-making, have increasing assets, have a well-covered dividend >2*, low p/e of 7.3, yield of 5%.
there are supports around 320, 300 and 280p. currently 352 to buy.
my family and I have bought recently and will increase our exposure as the price falls. it is still in a downtrend. it won't make me a millionaire, but good way of broadening my portfolio.
Posted at 09/1/2025 09:56 by sphere25
"Record levels of new customers borrowing from us for the first time".

Ominous signs out there for the economy this year. It ties in with growth continually getting downgraded, confidence getting hammered and what now looks like a flat lining economy at best.

With gilt yields moving the way they are, they were so worried that they have had to come out with a statement yesterday to reassure the markets. The yield still spiked to near 4.9%, and doesn't want to fall away, with it currently sat at 4.86%. With inflation stubborn and expected to rise, how can they cut rates?

It looks like they are going to have to wait for the economy to get hammered and then they're usually slow to move. Firmer talk of taxes having to be put up and spending cut too. Overall that will have all kinds of repercussions for any recovery this year. It could easily be a barrage of profit downgrades before the relief of any rate cuts. Retail updates aren't going down well today.

You would think the market would come in and buy HAT in that sort of environment. It is a mixed update with the strong demand in the last ten weeks and pledge book being ahead of expectations, suggesting a good new year ahead. However, they're also wobbling with material growth expected, but not initially expected - hmmm.

Apparently that is how they expect it.

Sometimes the market looks at statements like that and has a think about whether they can trust the growth to come. The additional NI costs are in the price. A terrible downtrend still in play, but the company looks beaten down enough to entice a few decent buyers at 340p at the moment.

I think these buyers are looking beyond the first half commentary to the stronger aspects mentioned. So some decent blocks hitting the book, but not enough to cause any enthusiasm as yet. As per most, there is usually just a stack of big sellers sat above these levels, weighing heavily on the price.

In light of how illiquid this is and how few orders can be seen on the book, it is easy to believe that HAT should just go flying higher by taking out one or two orders on the offer. Wish it was that easy!

Watching in here to see if the buying does pick up. It looks like it needs someone to keep buying those big blocks to allow a move over that key 360p level.

Volume is at almost 400k - encouraging, but more needed.

So keeping an eye here, BEG and CMCX to see what level of gloom we all have to face this year.

Spew!

All imo
DYOR
Posted at 27/12/2024 10:00 by wad collector
Well, as the year draws to an end, and it has not been a good one here, time to look ahead?
The business model is obviously an old and trusted one, albeit in a different world to the one it started in. From and economic perspective it seems that there is not much optimism about the economy next year, and that presumably means a secure supply of punters wanting to borrow or pawn. The harder question is does HAT still look attractive to fill that gap? The predictions for gold prices seem to be upwards but they are always going to be guesses, though as the company moves more into gold dealing and flashy watches it looks like that might be a sound move.
Personally I bought at an average of 433p so obviously can't claim to call anything right here! I am going to hold and hope , though also have a habit , like many PIs, of not cutting losses early enough.
Posted at 01/12/2024 11:12 by jm6783
Thanks Taylor20 for your reply.

LLOL, that is fine and may well be true. But again, if this is a scale business and HAT is by far the market leader, then if HAT is running itself relatively efficiently - as you seem to be claiming - and is only hitting 11-12% RoE with 280 stores, then how are pawnbrokers with 5-10 stores making ends meet?
Posted at 12/10/2024 11:00 by lord loads of lolly
jm6783 - only depressing if the market’s right.

HAT has been far more volatile than usual this year & sentiment can change rapidly either way with this share.

As nothing new’s been RNS’d since August, I can’t see what “the market” is basing its more gloomy predictions on?

Unless it’s caused by Octopus reducing from 11.98% to 10.94% on 1 Oct. But they remain a substantial holder. So I don’t read TOO much into that at this stage (providing they don’t reduce significantly further before end 2024).
Posted at 26/8/2024 09:29 by waldron
Dividends

On 19 August 2024, the directors approved a 7.0 pence per share interim dividend (2023 interim dividend: 6.5 pence per share) which equates to a dividend payment of £3,044,000 (30 June 2023: £2,819,000). The dividend will be paid on 4 October 2024 to shareholders on the share register at the close of business on 6 September 2024 and has not been provided for in the 2024 interim results. The shares will be marked ex-dividend on 5 September 2024.
Posted at 20/8/2024 13:44 by lord loads of lolly
bend1pa - agreed about forex, though it's a small part of the total business. And anecdotally, more Brits have been holidaying abroad this year. If true, there'd automatically be greater overall demand for forex.

I was more impressed by the growth in retail sales. And the fact the H1 pledge book has grown slightly, even stripping out the Maxcroft acquisition.

I think the higher & longer-lived redemption rate is the main thing that has caused a small sell off today. That & possibly the fairly meagre growth in H&T's interim dividend. But it wouldn't surprise me at all if this reversed out within the next week or so, after perhaps another day or two of wobbles. In fact, I'd be more surprised if it didn't. A fall back to the 370p mark or below is certainly possible. But if you're intent on topping up, I personally wouldn't leave it too long.

H&T is already my biggest holding now, so I'll just keep what I've got, hoping (& being reasonably confident) we won't get any unforeseens in H2.
Posted at 20/8/2024 09:43 by lord loads of lolly
Anyone else tuning into their webinar at 12.00 noon today?

The results gernerally look solid to me. Not spectacular, but no real nasties either. Store numbers are up 8 (just under 3% of their total estate), so you'd expect a small uplift from this alone.

I'm pleasantly surprised by the significant pick up in retail sales (& to a lesser extent margin), as these were largely what clobbered sentiment post-Christmas 2023.

It's good to know pledge book redemption levels have now normalised. But less good that this was "later than anticipated".

I was expecting an interim divi of 7.5p, so 7p's a bit underwhelming IMHO. Especially if a 7.7% divi increase is supposed to reflect "the Board's confidence in the future prospects for the Group".

All in all, nothing to frighten the horses. But nothing to put rocket boosters under the share price either for now. That said, the share price had increased significantly over the past 2-3 days, so today's adjustment simply brings us back to where we were a week ago. The spread on this share varies enormously, making the current reported drop of 22p highly misleading & frankly meaningless.
Posted at 17/5/2024 14:11 by lord loads of lolly
c3479z - that's good if redemptions are following a similar pattern to LY.

I imagine they are, as HAT's management strike me as trustworthy & they said in yesterday's TU: "Consistent with last year, redemptions in March and April were higher than average".

In terms of RFX v. HAT, it's true RFX yields more & has a slightly lower P/E. But things are usually cheaper for a reason.

For one, you're paying a small premium to invest in the market leader.

Also, comparing RFX's share chart to HAT's over the past 5 & 10 years, I'm glad I chose HAT. That said, neither company is a "tuck away & forget" kind of share IMHO. Perhaps more than many other companies, you need to time your buys & sells reasonably well to maximise gains here. That particularly includes knowing when to exit - which for me will probably be somewhere around the mid to late £5 mark (assuming we get there within my timeframe).
Posted at 01/5/2024 16:29 by lord loads of lolly
wad collector - me too! It certainly has been a short, sharp return to form.

I was lucky enough to set a 375p limit buy order on HAT back in January 2024. This was triggered at 319p on 23 January (day of their TU with the profits "miss") - albeit still a pretty darn good set of results.

I'd originally planned to average down on my latest January tranche if the price hit 415p (a 30% return in 3 months). But given how close we are now to 30th May ex dividend date, I plan to hang on and take the divi. Depending on how the share price looks then, I may bank some profit before July's TU just in case! You know what they say about profit warnings coming in threes, though I personally doubt this will be the case with HAT.

As for £5, it wouldn't surprise me if we hit that at some point later this year - or in Jan 25 when the next TU comes out. I've always had a mental note to reduce my holding significantly if we got to 550p+ and that remains the case. Given I bought in as low as 196p and my average is a tad over 300p, I'd be quite happy with that (especially once dividends are factored in). It never pays to be TOO greedy & HAT is currently my largest holding, so I'm conscious that I'd be heavily exposed to any unforeseen downturn here too.

Your Recent History

Delayed Upgrade Clock