We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| H&t Group Plc | LSE:HAT | London | Ordinary Share | GB00B12RQD06 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -4.00 | -0.98% | 406.00 | 33,794 | 16:35:13 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 391.00 | 409.00 | 403.00 | 403.00 | 403.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 220.78M | 21.08M | 0.4793 | 8.41 | 177.27M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:13 | UT | 2,502 | 406.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 16/4/2024 | 07:00 | UK RNS | H&T Group PLC Annual Report & Notice of AGM |
| 18/3/2024 | 15:58 | UK RNS | H&T Group PLC PDMR Dealing |
| 18/3/2024 | 07:00 | UK RNS | H&T Group PLC PDMR Dealing |
| 12/3/2024 | 13:15 | ALNC |  TAKING AIM: H&T's positive outlook not reflected in the share price |
| 12/3/2024 | 10:54 | ALNC | H&T Group ups dividend thanks to higher revenue and profit |
| 12/3/2024 | 07:00 | UK RNS | H&T Group PLC Preliminary Results |
| 21/2/2024 | 14:32 | ALNC | H&T enhances pawnbroking business with MaxCroft Securities acquisition |
| 21/2/2024 | 07:00 | UK RNS | H&T Group PLC Acquisition and Additional Financing |
| 23/1/2024 | 14:34 | ALNC | H&T Group expects annual pretax profit to fall below market forecasts |
| 23/1/2024 | 07:00 | UKREG | H&T Group PLC Trading Update and Notice of Results |
H&t (HAT) Share Charts1 Year H&t Chart |
|
1 Month H&t Chart |
Intraday H&t Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/4/2024 | 08:18 | Harvey and Thompson Pawnbrokers | 1,441 |
| 15/8/2023 | 17:33 | *** Harvey and Thompson *** | 70 |
| 16/4/2012 | 16:55 | Trading Story | 21 |
| 24/5/2010 | 07:39 | H&T - Growth in recession and credit crisis times | 173 |
| 17/1/2010 | 13:15 | H&T with Charts & News | 13 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 15:35:13 | 406.00 | 2,502 | 10,158.12 | UT |
| 14:12:36 | 398.11 | 759 | 3,021.65 | O |
| 13:56:50 | 404.00 | 516 | 2,084.64 | O |
| 13:56:16 | 403.00 | 1,260 | 5,077.80 | AT |
| 13:56:16 | 403.00 | 540 | 2,176.20 | AT |
| Top Posts |
|---|
Posted at 16/4/2024 09:20 by H&t Daily Update H&t Group Plc is listed in the Finance Services sector of the London Stock Exchange with ticker HAT. The last closing price for H&t was 410p.H&t currently has 43,987,934 shares in issue. The market capitalisation of H&t is £177,271,374. H&t has a price to earnings ratio (PE ratio) of 8.41. This morning HAT shares opened at 403p |
Posted at 15/3/2024 06:36 by tole https://masterinvest |
Posted at 23/2/2024 17:07 by lord loads of lolly riverman77 - I agree to an extent, but think you're being unduly harsh referring to "constant own goals".The two you highlight - plus piecemeal top-up funding since 2023 - are the main ones that spring to mind. Sure, that's not great, but there's still a LOT the company's doing right. They wouldn't be announcing record annual profits otherwise. The current storm clouds remind me of the period when H&T was under FCA investigation for its HCSTC loans. All was doom & gloom then, with the share price feeling like it was on a permanent downtrend. I took the view/gamble that any fine (& reputational damage) was likely to be fairly insignificant & short-lived. So I added several times at prices between £3 & just under £2, as the share price continued to nosedive. Not only have I benefitted from the dividends since, I've also made a half-decent return on capital - even allowing for recent corrections. I'll be doing the same again this time if March's Preliminary Results cause any further significant correction (unless there are any more curved balls of course). On the issue of RFX v. HAT. Both have their strengths and both have suffered significant share price declines since summer/autumn 2023. So it's not all down to management. There's a change in sector sentiment at play here too. Which I suspect will be fairly short-lived. As for a potential merger with RFX, I very much doubt that would ever be waved through. Or indeed even contemplated by either party. But you never know! |
Posted at 22/2/2024 20:49 by thorpematt Well, I was able to add a fair few of these this afternoonat target price. I assume someone is dripping stock into the market. THat may continue for a few days.I rather liked the possibilities with the acquisition. I think there are different expertises on display with Maxcroft. This may lead to a diversification for selected other locations. Interestingly Shorecap have left forecasts unchanged. I think that is a measure of the scale being relatively modest (about +3% on pledgebook?) but also that the increased loan interest will cancel out the acretion in earnings in the first instance. That term loan is c.8.3% annually I believe. I wouldn't want to pay 8% but then again HAT's pawnbroking rate for the £4k (ave loan for Maxcroft) is 9%...per MONTH. So yes the increase in headroom will allow expansion for sure. |
Posted at 17/1/2024 15:34 by lord loads of lolly Interesting how Ramsdens' share price reacted to their YE results.On 12th Jan, RFX closed around 219p. Results came out on 15th Jan, initially leading to a 10% share price drop to 198p. Since then, it has recovered just over half, currently trading at around 210p. Their results v. 2022/3 YE were good, but with possibly lower overall growth than H&T? We'll soon find out! Ramsdens noted a slowdown in trading for the first quarter of their new financial year (Oct - Dec 23), with flat foreign exchange gross profits & currency purchases from returning holiday makers "still subdued". They also referenced flat revenues in their jewellery retail division. RFX highlights: TAILWINDS: Continuing strong gold price Customer demand for small sum short term loans remains high Potentially strong forex growth in 2024 HEADWINDS: £0.4m increase in energy costs from Feb 24 when their current fix ends (unlike H&T which has locked in at a similar rate to its previous tariff until end 2025) 10% increase in Real Living Wage from May 2024 (will also impact H&T) Slowing forex income growth during summer 2023 (last August, H&T said "Momentum is building into the peak summer months, supported by the launch of our 'Click and Collect' service in June. In addition, we have broadened the range of currencies held in stock at store level, and available for immediate purchase. Average transaction size remains below historic levels at £398 (H1'2022: £406) evidencing, we believe, careful holiday budgeting by our customers." So they MAY also have experienced a slowdown here, if Click and Collect didn't increase transaction volumes enough to offset any fall in average transaction values). H&T's share price has softened again over the past few days. Perhaps as a result of the subdued market reaction to RFX's results. I presume H&T's results will be out on Monday 22nd January. Looks like they may need to beat RFX's growth significantly if the share price is to hold up. Regardless of how the market reacts next week, anything below 400p would still be a fair entry point in the long term, IMHO. Particularly given the decent, progressive yield. |
Posted at 04/1/2024 09:39 by lord loads of lolly A lot of the time with H&T, share price movement (both up & down) is largely down to marketmakers fiddling around with the spread.It's happened again this morning, with the chart showing a price drop of just over 2% (9 pence). Whereas in reality, all that's happened is the spread has widened to 17p (Bid 412p, Ask 429p). Not long ago, that same spread was in the mid single digits. H&T's imminent trading update will be illuminating. Personally, I doubt anything's knocked the company significantly off course since 17th November 2023, when the CFO said "We have continued to see good growth in the pledge book in the second half of the financial year, with sustained demand for our products and services, and the investment we are making in our store estate is expected to underpin future growth. The new facility, alongside our existing long-standing support from Lloyds, will enable us to grow our pledge book further in FY24." Had there been any major reason behind early December's share price drop from around 470p to below 400p (briefly), I imagine the company would be legally obliged to RNS it. If I'm wrong, the current share price volatility is more understandable - and the trajectory is likely to worsen. But I still find this scenario highly unlikely, given the steady stream of positive updates & Director share buys at higher than current price levels. So for now, I'm not losing any sleep over these short term price jolts. |
Posted at 13/12/2023 13:32 by lord loads of lolly riverman77 - still early days, but this seems like a logical rebound to a ridiculous over-reaction.Since when did brokers (even house brokers) ever get their forecasts even vaguely right? Most are incompetent, show less understanding than you or I of the companies they’re meant to be analysing & simply upgrade/downgrade their price targets AFTER the share price has moved. You mentioned FUTR falling 40% on a broker downgrade. I don’t follow that share, but a quick look suggests their US sales recently dropped almost 20% with little explanation given by management. That’s a far cry from HAT, which still seems on track to announce record-breaking sales, profits & dividends early next year. |
Posted at 11/12/2023 22:31 by thorpematt Yeah it's not so bad when you view it like that.I think you have to ask: Is this "news" a future structural issue which affects prospects? Or Is this more of a one-off adjustment The way I see it: The revenue numbers are actually adjusted UP. This says that the outlook for trading is better than previously forecast (and that was already a strong uptrend). So I think that looks fairly positve. On the other hand, the negative impact of increased wage costs could be a one off impact... or it might be a continuing trend. The specific issue is NLW and therefore the link to salary costs for employers such as HAT. The context of that recent large increase (straight from the official source) is here: - -------------------- (If you have read that, this next bit is relevant) It's my view on what the policy makers are saying (and the folly therein) Really it's something of a self feedback loop. If the policy is to raise NLM and NMW proportionally to predicted wage inflation, then you are simply perpetuating a trend. Depends whether the policy makers work this out really? Of course in high inflation environments, nflation is fed by such policies. You get fuel on the fire in other words. And then there is only one way to control it. Higher interest rates. And then you get recession. So you gotta be careful. In the end it's all a bit "economics". I think pawnbrokers will do fine in tricky economic environments. And I think sometimes you have to be careful of economists making predictions. |
Posted at 20/11/2023 10:47 by lord loads of lolly I said some time ago I expected HAT to break through 550p at some point in 2024.That remains the case, as I can't see them announcing anything other than record-breaking results in Q1 2024, with another strong outlook. The trick then will be knowing when to reduce. I've learnt the hard way not to wait too long, mistakenly expecting an ever-increasing share price. As some of my holding was purchased just below £2, I'll start reducing if/when they breach 550p. I wouldn't want to ditch my entire holding though, as a) I can't imagine HAT will suddenly go from riches to rags & b) its yield is decent. More a case of maybe not continuing to grow at the current rate. Which would likely lead to the share price eventually softening a bit, having risen another £1 or so from its current level in the interim. |
Posted at 21/9/2023 14:24 by lord loads of lolly Asagi - I agree - it doesn't make any sense! Nor has it for some time. The share price is often shown as rising or falling significantly day to day. When in reality, all that's happened is that the spread's narrowed or widened.Today offers a particularly bizarre example on LSE, where the (mid) share price is shown as 428p, yet the Bid is 413p & the Ask is only 424p. Go figure! I take no notice now and just monitor the slightly longer term trends. Fortunately, that's currently moving in the right direction for me, as I added again recently at just under 396p, getting in the day before it went ex div. H&T is now my largest holding. At the current price, it's likely to yield around 5% going forward. And I can't see anything to prevent the next 12 months being record-breaking for this company, both in terms of sales & profit. I'd be very surprised if, within the next 12 months, the share price didn't re-visit its previous peak of >£5 at some stage. |
Posted at 31/7/2022 19:34 by spob Pawnbroking surges in UK amid cost of living squeezeLeke Oso Alabi and Siddharth Venkataramakrishnan in London July 29 2022 The customers that walk through the doors of Ramsdens pawnbrokers use the lending service in starkly different ways. “We’ve got a very good customer [with] a platinum Rolex, which is probably worth about £50,000 [or] £60,000,” said Peter Kenyon, the company’s chief executive. “He’s a builder and when his cash flow is short he gives us the Rolex, borrows between £10,000 and £20,000 .&thi But Kenyon noted the chain also assists customers who need small sums because they’ve “got to feed the kids, or buy the school uniform”. The UK’s pawnbroking sector is reporting strong post-coronavirus lockdown growth, as rapidly increasing living costs boost demand from borrowers seeking small loans, while a crackdown on high-interest lenders has left customers with limited options. Listed companies that offer “pledge lending” — typically small loans secured on assets such as jewellery and watches — have reported strong growth in sales and profits, boosting their share prices in recent months. Shares in H&T Group, the UK’s largest pawnbroker, have risen 37.6 per cent this year, while those in rival Ramsdens are up 8.6 per cent over the same period as of the close of trade on Monday. Kenyon said weekly customer numbers within Ramsdens’ shops were 20 per cent higher than pre-pandemic levels: “A lot of that is driven by what the consumer [is] facing and the cost of living increase, but we lend for a raft of reasons — we do lending to businesses .& H&T this month said its pledge book — loans linked to a customer’s asset — was worth £84mn in June, up sharply from £48mn in the same month last year. “The cost of living, yes, absolutely that’s driving the need to borrow, but I think the larger of the two issues is that people have got less options open to them,” said H&T chief executive Chris Gillespie. “The need of people to borrow has returned .&th Line chart of Share prices rebased showing 'Pledge lending' boosts UK pawnbrokers He added that the clear difference between pawnbroking and most other forms of lending was that “our only recourse is to the asset .&thins However, like other forms of lending there are risks associated with using pawnbrokers. “Using a pawnbroker can be a relatively expensive way to borrow and you can usually only borrow a percentage of the value of the item you want to pawn,” said Caroline Siarkiewicz, chief executive of the Money and Pensions Service, which is sponsored by the UK’s Department for Work and Pensions. Consumers can expect to pay a pawnbroker a higher rate of interest than they would for a high street loan — but less than a payday lender, according to the Money and Pensions Service. If a borrower fails to repay the loan, ownership of the asset passes to the pawnbroker, who could sell it. They have to try to secure the best value for the item, and any surplus generated after the debt is paid must be returned to the customer. Ramsdens said pawnbrokers typically charged 8-10 per cent a month. Customers have six months to repay their loan and more than 95 per cent pay the full loan back in one instalment. Siarkiewicz noted that this method of borrowing can be tempting “because it is a quick way to get access to cash”. But she stressed it was important customers “shop around to find the most competitive rates and make sure they’re FCA regulated”. Around 130 members of the National Pawnbrokers Association run 870 outlets around the UK, accounting for 97 per cent of the industry. The largest brands are H&T, Cash Converters and Ramsdens, but most members run just a single store. Many of those companies have benefited from the demise of subprime lenders or non-standard finance providers, which prospered after the 2008 financial crisis, as mainstream banks became reluctant to lend to consumers with blemished credit files. Ramsdens said it ended its own payday lending offering when market conditions shifted. “It was scary where the pricing had got to, so people would borrow £100 and have to pay back £140,” said Kenyon. The Financial Conduct Authority clamped down on the sector in response to fears about rising levels of consumer debt. The number of active high-cost, short-term lenders in the UK fell by almost a third between 2016 and the third quarter of 2020, according to FCA figures. “The FCA have regulated the market almost to death,” added Kenyon. Wonga, once the UK’s largest payday loan provider, filed for administration in 2018 after a surge of customer complaints. Provident Financial, one of the largest participants in Britain’s subprime market, shut a unit providing “high cost lending” last year. Amigo Loans, which offers “guarantor loans” backed up by a borrower’s friends or family, has also been out of the market. The group is awaiting FCA approval to recommence lending for the first time since November 2020 following a backlog of complaints and uncertainty caused by the pandemic. There are now concerns that people struggling to access credit may turn to buy now, pay later services, a type of short-term lending that allows consumers to pay for purchases in instalments. Recommended Financial & markets regulation UK outlines plans to tighten ‘buy now pay later’ rules These services boomed during the pandemic as online shopping surged. However, according to polling data from debt charity StepChange, half of those with buy now, pay later loans in the UK said they found it hard to keep up with household bills and credit repayments. Debt charities have also raised concerns about the increased use of pawnbrokers. “With everyday costs soaring it’s no surprise to hear more people are using pawnbrokers,” said Theodora Hadjimichael, chief executive of Responsible Finance. “But you shouldn’t need to put your wedding ring or a family heirloom at risk to pay an unexpected expense.” |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
