H&t Share Discussion Threads

[izztre] 28/8/2020 10:01

They were doing well before the lockdown and I cannot see how they won't do even better with the increased numbers of redundancy's we are hearing about. Sad situation but one that should benefit HAT in the medium term

[scotches] 28/8/2020 09:40

I would guess recent weakness may be related to Artemis downsizing their HAT position.

On Aug 12 they offloaded 1.7% of the company to take them down to 8.47%.

The HAT investor relations page on July 1 has Artemis showing as 14.3%



In 2013 Artemis had almost 20% of the company

[apollocreed1] 27/8/2020 14:18

36/280 gives a Free Cash Flow Yield of 12.8%. Very good value.

[discodave45] 27/8/2020 11:25

Was thinking the same thing!

[scotches] 27/8/2020 09:26

Why is there share price weakness? High gold price, debt free, optimistic recent statement.

Downsides: minimal forex, payments holiday, FCA intervention on attempts to seek repayments.

[monions01] 12/8/2020 10:32

@Investors Champion
Can I just ask what value that link brings? It's just a rehash of yesterday's RNS, which as I just said was yesterday!
All your information was in the RNS, so no new information or value what so ever!

[scotches] 11/8/2020 12:59

H&T Group 'back in business' and ready to grow says CEO John Nichols

H&T GROUP PLC (LON:HAT) CEO John Nichols says despite the tough trading environment the company is now in a 'really strong position' moving forward. The impact of coronavirus meant that stores were closed and staff were furloughed but thanks to a debt free balance sheet he says the company is in good shape overall - announcing an interim dividend of 2.5p per share.

www.proactiveinvestors.co.uk/companies/news/926366/ht-group--back-in-business--and-ready-to-grow-says-ceo-john-nichols-926366.html

[prettygreen] 08/8/2020 19:28

Emailed investor relations contact and the interims are out Tuesday 11th August FYI.

[extrader] 05/8/2020 13:42

Hi philanderer,

Uptick in POG can't hurt.... !

ATB

[philanderer] 04/8/2020 13:18

Questor: pawnbroking could prosper in the post-Covid world and H&T is looking cheap

[lord loads of lolly] 01/7/2020 14:22

As savings interest rates dive (just over 1% without tying up cash), dividends become more relevant. HAT's FY divi of 11.7p gives a yield above 3.5% and is well covered. Longer term, demand for HAT's services is only going to increase due to the impact of covid-19. That said, revenues will have significantly reduced during lockdown. Over the years, this has been a consistently profitable company with an undemanding rating that's reasonably conservatively run. Barring a general market meltdown (still possible IMHO!), once the FCA review has concluded, I'd expect a share price nearer £4 than £3 within a year.

[izztre] 29/6/2020 21:57

Agreed. I thought it was a comparatively good update and now the shops are open again and with their increased focus on costs they should do well. Still a cheap valuation

[outsizeclothes.com] 29/6/2020 16:08

I'm reasonably assured by today's update. Steady as she goes rather than trying anything spectacular. Look after the customers short-term, and they'll look after you long-term.

[andywillz] 26/5/2020 14:22

with ramsdens releasing reuslts tomorrow, it may be good to keep a close eye on this one. may give a good indication of how the sector has done through COVID.

[scotches] 20/5/2020 10:57

20th May 2020
Store Openings

Following the successful trial opening of a number of stores last week, we're continuing to open stores only where it is safe to do so.

[glawsiain] 14/5/2020 14:36

The video say H&T has been deemed an essential service by the government

[glawsiain] 14/5/2020 14:33

12th May 2020
Store Re-openings – test and learn

As an essential services provider, today we have opened 12 stores as a test to offer essential financial services only. The 12 stores will be trading on reduced hours. We have been busy making a number of changes to our stores to ensure the safety of both our store colleagues and our customers and we want to fully understand the impact of these changes prior to opening the remainder of the estate. The safety of our customers and colleagues continues to be our number one priority. Please watch our video below for more information on the changes we have made instore.

Stores which are currently open:

Sutton Rotherham Bradford Canning Town St Helens Govan Hayes Ilford Chatham Walsall Bolton Luton

[rossi67] 21/4/2020 19:56

Insolvency Practices and Pawn Brokers values typically increase HUGELY in recession. Pawn Broker stocks, in particular, do well as their success, in part , is linked to the price of gold. The 2 largest quoted companies in their respective fields are Begbies & Traynor (BEG) and Harvey & Thomson (HAT)

Both of these companies have very impressive balance sheets (see Stockopedia & Simply Wall Street) and are geared up for massive growth over the next 1-3 years)

We're in for a long and bumpy ride so any other counter recessionary investment ideas would be appreciated.

[rossi67] 21/4/2020 09:31

Great stock with a recession around the corner!

[thorpematt] 06/4/2020 11:20

HATs off to the CEO and chair for taking 50% cut. Many others doing 20%. And many (MOST) are paid significantly more of a disproportionatly high salary.

I think you want 3 things moving out of the covid situation:-
A strong business model which previals in the new environment
A strong balance sheet
Good management

I think that we have all 3 here.