Share Name Share Symbol Market Type Share ISIN Share Description
H&t Group LSE:HAT London Ordinary Share GB00B12RQD06 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 317.75p 313.75p 318.00p - - - 0 06:43:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 94.2 9.7 20.9 15.2 118.18

H&T Group Share Discussion Threads

Showing 826 to 848 of 850 messages
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
23/8/2017
22:32
h ttp://www.proactiveinvestors.co.uk/companies/news/168480/aureus-anni-for-pawnbroker-ht-168480.html
aleman
23/8/2017
22:05
............as i was saying: "Nicely through that previous ceiling on the chart - seems to have taken forever to get there. Could well fly a little now..." I have drawn a chart. As we can see (now we're through the red line) there is not much resistance north until 360p. (if you ignore that minor obstacle of 317p...but who in their right minds would be selling at that particular juncture! As discussed by others HAT has began to complete a tidy transition from its traditional business model to one more aligned with the needs of its modern customer. To this end it is in prime position to benefit with increased returns. The chart neatly tells this story as we see the fall in share price driven by the uncertainty akin to making such investments and changes. We saw a slow recovery as the company continued to trade succesfully and now we begin to see a more significant re-rating as the market turns from slighty uncertain to positive with regard to HATs prospects.
thorpematt
22/8/2017
07:45
I am not a number, seems you live your life in the pawn brokers but can you afford to buy back?
therealdeal5
21/8/2017
19:23
Mid actually got up to 314.25/320 at 9:52 but you would not know it from looking at the ADVFN trades history.
aleman
21/8/2017
16:16
Should make an offer for Ramsden's, could buy them for cash with the amount of moolah sloshing about on the RFX balance sheet! Give them a good position in the North ands Wales!
bookbroker
21/8/2017
15:56
I suspect this has been helped by the tip in Friday's IC by Simon Thompson in a special Bargain Shares feature, giving a fair value of 375p
iamnotanumber6
21/8/2017
12:42
Nicely throught that previous ceiling on the chart - seems to have taken forever to get there. Could well fly a little now...
thorpematt
21/8/2017
10:00
Got there now.
aleman
21/8/2017
09:57
Actually, ADVFN still a bit behind as mid is now up 316p.
aleman
21/8/2017
09:46
Tipped somewhere? (ADVFN not showing the 10p rise in midprice)
aleman
18/8/2017
19:22
Zopa's default rates for 2016 and 2017 are now running higher than the 2008 peak. (Why is the stockmarket so late reacting to recessionary trends in credit this time?) This will be sharply pushing up (UK) interest rates for new loans in the market, especially amongst subprime. The rising defaults will tend to act as a drag on profit on the way up but will tend to lead to bumper profits once the recessionary cycle is worked through and defaults fall back before market rates fall again. (Now go check HAT's share price from 160p in 2009 to 390p in 2011.) Https://www.zopa.com/lending/risk-data Lending Club's graphs of rates charged show the top 3 grades broadly flat over the last decade but D to G have risen markedly in the last 3 years after a few years stable. The histogram of mix also shows D to G dropped from 30% to 20% of loans as higher rates saw lending dry up for those with poorer credit ratings. It is this tightening of credit markets that has been slowing economies. Defaults and interest rates started creeping up in grades B and C since Q1 2016. This is ominous for the (US) economy, given that they make up 65% of originations. If you look at Lending Club's Q1 2016 issuance for F/G subprime, they are running at a -3.4% return on loans issued at 25% due to exploding defaults. Q2 was -1.3% on loans issued at 26%. Q3 was -0.3% on 27%. Have they now got on top of the trend? Q4 2016 was running at a 6% return on 29% and Q1 2017 at 13% return on 30%. Q2 2017 is running at an estimated 15% return on 30% interest charged. Https://www.lendingclub.com/info/demand-and-credit-profile.action Now these more recent tranches could still sour a lot more more if the (US) economy tanks, which is looking increasingly likely, but they show how defaults go up, rates rise and lenders can become very profitable once they get on top of it. Lenders lending for shorter periods tend to get on top more quickly. Lenders lending for long periods can strain balance sheets and get into lots of trouble before things get better. Historic experience is that pawnbrokers see more business for shorter loans and become very profitable more quickly than other lenders but it will vary from company to company, depending on tactics. Some directors get it wrong and defaults sink the company. HAT should have the experience to thrive in this environment as they did last time. We already saw profit rise in personal loans in the results despite the higher impairments. Their interest rates should be adjusting upwards and they should be using this recent experience to be more selective about the greater number of subprime customers coming through the door after being rejected by banks and credit card companies. It is an opportunity if they are careful. Let's hope they take it
aleman
18/8/2017
14:45
Gold picking up as I suggested it might. I don't think that's the only driver here. There is also a lot of talk of banks reigning in lending to higher risk clients. There are a number of factors here which make the outlook here pretty bright IMO.
thorpematt
18/8/2017
14:42
Well that was a nice surprise, just opened a small spreadbet on these at lunch as share price was showing good strength on such a down day overall.
junior21
16/8/2017
16:31
2017 2018 Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Numis Securities Ltd 15/08/17 ADD 11.60 25.70 10.00 12.20 27.00 11.0
aleman
16/8/2017
14:48
Loads of trades and orders for just 2 shares this afternoon. Is it an out of control bot?
mmc71
15/8/2017
22:13
Very surprised at 5%, not sure how that can be possible.
spooky
15/8/2017
20:52
Only +5% from FinnCap? (Thanks, scotches.) That makes about 24p and 27.5p. Oh well. They will still likely get revised up on the next trading update.
aleman
15/8/2017
14:02
Yesterday's dip was a bit disconcerting but looks like all is in order here and as already pointed out rather ahead of forecasts. Gold for me is looking bullish so although results have taken a positive tailwind recently that could well continue. I think some very succesfull re-positioning of the business is also slowly bearing fruit too. I think the recent price weakness here has presented a nice opportunity.
thorpematt
15/8/2017
10:16
The higher gold price gave a turbo boost to a business that was already motoring at pawnbroker H & T Group PLC (LON:HAT). Profit before tax in the first half of 2017 rose 62.2% to £6.0mln from £3.7mln the year before. ..... The interim dividend has been hiked by a little more than 10% to 4.3p from 3.9p. ... Meanwhile, broker finnCap said the results were ahead of its expectations and it expects to upgrade its full-year profits and earnings per share estimates by around 5%. “This has been a milestone year for the company and the outlook statement is confident; however, this is not reflected in the share price, which has declined 6% while Ramsden has appreciated 68%. This is an opportunity for investors in a neglected stock,” the broker said. See rest at proactive investors site - link not permitted
scotches
15/8/2017
08:41
Interims suggest 40%+ ahead of forecasts? Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield 2017-12-31 93.75 11.29 22.86p 13.2 1.4 9% 11.00p 3.6% 2018-12-31 97.64 12.84 26.03p 11.6 0.8 14% 12.00p 4.0% Operating cashflow is about +35% so maybe not quite that high. I can see brokers revising forecasts up but leaving a bit for the next trading statement. Say, EPS of 26p then 29p, with only modest increases in the dividend - if any - as cash will be conserved to raise lending. The dividend can be raised a bit more later on when lending growth eases a bit.
aleman
15/8/2017
08:32
That's where it came from. I should have typed from 37% of interest received to 47%. This is a problem for companies lending for 5 years or more, which will not have seen it coming, whereas HAT are more likely to lend for a couple of months to a couple of years. Their parameters will adjust much more quickly than more conventional lenders and it should not be a problem. Indeed, more troubled subprime borrowers coming to their door is actually an opportunity, provided they are careful. Let's face it; that is the reason pawnbrokers exist in the first place.
aleman
15/8/2017
08:29
Aleman - where did you get the impairments figures from 37% to 47% from. The only reference to impairments I could find were in the Personal Loans summary section. TIA.
imranawan
15/8/2017
08:17
Yes, agreed - all the signs are pointing towards a recession (mild or deep) in the short to medium term in my view. Its nearly 10 years since the last one! All eyes on the U.S. though as I suspect we will follow them. Very pleased with today's results here. A good company this.
topvest
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
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