Hansard Global Share Discussion Threads

[robsy2] 08/4/2010 15:19

Here we are, in IC


Hansard Global (HSD) is spreading its wings and opening a new life-assurance branch in Labuan, an island administered by the government of Malaysia. The new branch, to be called Hansard International Far East, will provide the specialist long-term savings provider with an excellent channel for new business distribution in the Far East through Labuan's position as a fast-growing offshore financial centre.

R2

[simon gordon] 08/4/2010 12:18

Robsy,

In which country in SE Asia have they opened an office?

Cheers.

[robsy2] 08/4/2010 12:10

I've jumped onboard as well.This looks reasonable for income seeking investors who are looking for reasonable capital protection and some upside as they develop their business.
We do quite a lot of work with Hansard. They have a good business model, good people and they work well. They should do well with their new office in SE Asia.
R2

[irkin] 02/3/2010 23:01

From Numis

"Forecast change; Short term income, long term growth

Following the H1 10 results, we have made a number of minor forecast changes. On c.13x rolling 1 year forward P/E, a safe c.7% yield (earnings covered and highly cash covered) and c. 1.0x EEV, vs. the sector on c.16x P/E / c.4% yield and a company historical P/EEV average of 1.24x, we think it remains too cheap, given the earnings quality and growth prospects. We think the stock should be of interest to investors looking for high short term yield (that we view as safe) with good longer term growth prospects, particularly from growing emerging market wealth. Whilst we continue to believe the UK's economic difficulties are likely to remain for some time to come, we note that Hansard's clients are not UK based, but 100% overseas, including significant exposure in faster growing emerging markets(42% of current new business from LatAm and the Far East)."

Pretty much sums up why I bought.

[stemis] 25/2/2010 08:04

Look okay. Cash is up, EEV is up (I've updated header), assets under admin up and dividend is up. We look on course for 13.2p dividend for the year and IFRS earnings should be broadly in line. Outlook is positive. Steady as she goes.

[stemis] 23/2/2010 12:04

Yes, I'd forgotten the results were on Thursday.

[westcountryboy] 22/2/2010 22:52

The surge is presumably in anticipation of results this week. Let's hope the anticipation is correct!

[irkin] 22/2/2010 22:27

Thanks SteMiS for highlighting this one over at the other place:-)

[stemis] 22/2/2010 20:18

No obvious reason I can see for the sudden surge.

Still, with a yield of 7.1% and 30% of market cap comprising cash, Hansard looks solid value. With all that cash and growth about to return, a forward P/E of 11.6 doesn't look demanding.

[harrodsfree] 22/2/2010 15:20

Less hidden now. I don't mind talking to myself. Don't I? Yes I do! I think I'll find that I'm managing quite nicely.

[harrodsfree] 29/1/2010 09:34

Great results. Hidden gem.

[harrodsfree] 05/11/2009 12:25

This has been quite resilient over the last week of shakey nerves on the market. Good stuff.

[stemis] 18/10/2009 08:57

But on a 2011 P/E of nearly 15 compared to HSD 2011 P/E of 10.

[blueliner] 17/10/2009 19:04

From UK Analyst..... Friday 16th Oct
Shares in wealth management group Brooks Macdonald (BRK) finished 18p firmer at 443.5p after the company announced a trading update ahead of its AGM. The company stated that it has had a productive first quarter of the financial year with the successful acquisition of Lawrence House Fund Managers and the opening of the group's first office in Scotland. It added that trading across the group has continued to be 'very encouraging', building on the increased market penetration. Brooks believes it is well positioned to continue its growth on a number of fronts, and as at 30th September 2009 the company's funds under management were 1.665 billion pounds.

What a chart.....bit tight fisted on the dividend though.

[harrodsfree] 29/9/2009 12:34

Cool stuff. Great yield this year on shares bought in the dips.

'The Group remains very strongly capitalised and has no borrowings. We have
increased cash balances and, in recognition of this, the Board has recommended
the payment of a final dividend of 7.35p per share, payable on 20 November 2009
to shareholders on the register on 2 October 2009. This represents a full-year
dividend of 12.6p per share, an increase of 5% over the full-year dividend for
2008.'

[nil pd] 24/9/2009 02:59

"Adding machines", wasn't it?? If memory serves me well from my Economics lessons at school!

[harrodsfree] 18/9/2009 15:16

This ought to be above 200p. Sit tight.

[oniabsta] 12/9/2009 18:36

This is going to take off very shortly imo

[pote] 27/7/2009 08:20

RNS:New Business Results.
SUMMARY
* New business performance in line with expectations, at approximately 32% below previous year
* Industry-leading new business margins of approximately 5.7% in difficult markets
* Regular Premium business flows remain strong at GBP12.0m APE (2008: GBP18.5m)
* Assets under Administration down only 12% to GBP1.0bn (30 June 2008: GBP1.13bn) despite a fall of 28% in MSCI World Index over the year
* Continued investment in distribution infrastructure and Hansard OnLine

Outlook:
The Board remains confident in maintaining its dividend
policy, underpinned by the Group's strong balance sheet.

[harrodsfree] 01/5/2009 21:48

This looks like a lovely safe share, 42% owned by the boss, with good yield. A good one to tuck away.

[jibba_jabba] 02/4/2009 22:06

Not a holder here, but got this in the post today.

[westcountryboy] 25/3/2009 09:43

Yes - but I should have paid more attention to you when this was trading below 110p!

[stemis] 25/3/2009 08:26

Welcome WCB. 18 months I've run this board (mainly as an aide memoire for myself) and you're the first other poster.