Haike Chemical Share Discussion Threads

[the oak tree] 08/6/2017 10:24

I also like how this share is so far removed from things like this election, EU, USA, etc . It's selling specialty chemicals in china, no exports and in a country that's growing. It's good to have these items in your portfolio. For the moment it's too small for institutional buying. So anything large is just wealthy private investors. Most are small amounts and I suspect many small investors will be waiting till after the election. As I said before I believe it will get increasing attention as it will be coming up on many investment sieves. Wouldn't be surprised if this gets to 60p reasonably quickly.

[sparky333] 08/6/2017 09:46

Wouldn't take much to push this to over 50p 50k in buys should do it.

[the big fella] 08/6/2017 09:44

Yes we still have our buyer in the background. They are mopping up any sells and small buys are pushing us north. I suspect if I had to buy my holding now I would have to pay 55p!

[sparky333] 08/6/2017 09:39

Can't even buy 2000 shares without going to market.

[the big fella] 07/6/2017 15:52

Tipped by whom. Please post a link if possible. The bull case is plainly evident, however I am always willing to listen to others take on it.

[the big fella] 07/6/2017 14:00

The results gave a steer. They will be doing in excess of 10 EPS this year, with I quote "sustainable growth".
The first 4 months trading for 2017 is turnover at 35m and profit at 1.5m so C5 MIL for the year.
Given the way the business is now structured it would seem reasonable that they will be able to improve the margins as they ramp up the specialist chemicals business.
So profit could easily be much higher, but 5 mil puts us on a PE just over 3 for 2017.
Factor in the cash, and these are a steal even given the recent rise.

Now we see why there has been a larger buyer in the background mopping up shares ever since the results.

[the big fella] 07/6/2017 13:29

I said that when we were marked down earlier.

[sparky333] 07/6/2017 13:24

We could see 50p today

[sparky333] 07/6/2017 13:06

Agreed looks like they went for the 100k at 39p took that then boom back up.Watch your stops I bet that guy put it on when 46p and looked safe.

[the big fella] 07/6/2017 13:01

They pulled it back this morning and the dip was bought. They only pull it back to hit people's stops and then move it forward again.

[foxy22] 07/6/2017 12:55

Would like to add...are we in danger zone now...pullback possible?

[foxy22] 07/6/2017 12:53

Are we looking at 2 pounds this year

[the big fella] 07/6/2017 12:50

They have been trying to get stock for a buyer since the results. I don't blame the buyer as HAIK very cheap. They could double and still be cheap

[sparky333] 07/6/2017 12:48

Also look at the 15k trades always at the mid. Order being filled ? Who knows as I stated confusing today.

[sparky333] 07/6/2017 12:47

For the last few session we spark to life PM. Buys and sells look confusing today.Whatever happens this afternoon could be explosive. Still huge buying mixed with some selling now. How much stock the MMs got. Not much judging by today.

[foxy22] 07/6/2017 12:32

50p today!!!haike on the move

[sparky333] 07/6/2017 12:30

Poised for breakout again now the profit takers have been shaken out.Nice move MMs

[sparky333] 07/6/2017 10:52

Yep shook a few out early doors. Consolidating now which is good.

[bewarepaul] 07/6/2017 08:42

Good for trading sparky I mean 10k sold at 46p and 10k bought at 39p, not saying they are the same person but if they were it's cracking trade to get your stock back and bank £700 in no time at all

[the big fella] 07/6/2017 08:41

Clearly someone accumulating in the background. I wouldn't be surprised if this hit 50p today

[bewarepaul] 07/6/2017 08:34

So they were happy to mark it up to 46p bid pre market now it's 38-39p I smell
a shake here

[sparky333] 06/6/2017 19:50

Still cheap, £5m profit 2017 market cap £16m PE next year 3

[foxy22] 06/6/2017 16:43

Yippee...I have waited long enuf for a recovery...now haike go to the moonU can do it