Hansard Global Share Discussion Threads

[deepvalueinvestor] 25/4/2013 07:32

Yes I will be nibbling. I am relaxed.

[gargoyle2] 24/4/2013 13:08

Anyone have any ideas why this keeps dripping down? DVI, are you still hoping to pick some up at 100?

[deepvalueinvestor] 26/3/2013 20:33

Yield is just under 8% at 101p. I tried my luck with a chunk at 100p but no takers yet. This is one of the few equities I like right now. A growth play on emerging markets but with a high yield. I love it.

[pvb] 26/3/2013 17:39

Somebody did before. It wasn't me!

[pvb] 26/3/2013 16:42

He didn't say 11% did he.... ;-)

[hezza123] 26/3/2013 13:58

Just shy of 8%.

[solarno lopez] 26/3/2013 13:50

And what do you think the yield is HEZZA ?

[deepvalueinvestor] 22/3/2013 19:29

No idea, I have been waiting to buy and have done so today. I asked about the markets and there seemed no particular reason. My view is that they get lumped in with life assurers so have been falling in sympathy with Aviva.

[gargoyle2] 22/3/2013 16:30

Anyone understand today's drop. It surely can't be the RNS about the revised IMS date, changing it from 7 May (which they announced at the time of the interims) to 9 May? Cyprus related?

[aleman] 05/3/2013 10:00

Ex-dividend tomorrow.

[deepvalueinvestor] 28/2/2013 19:05

I agree Aleman. I was sitting on the bid at 110p at the end of the day but nobody wanted to do business. Luckily I bought lots sub 90p so it didn't matter too much. For me it is a growth story with a 7.25% dividend as a bonus.

[aleman] 28/2/2013 15:14

ADVFN report last trade for SETS shares. They don't report the mid-price between bid and offer where MMs supplement the SETS system. Trouble is there is some kind of delay or sampling error in there, as well, which makes them tardy to the point of being suspect at times. Sometimes, well-traded shares might not move the spread all day yet the ADVFN price alternates up and down all day between buy and sell prices which makes it look a bit daft. I prefer to follow spreads on other sites as they give a better trend.

HSD shares are up today. The price jumped when I topped up. I bought at one price - the offer at the time - and would have had to pay more had I bought again after. (ADVFN's wonky reporting system failed to pick this simple logic.) I thought the slight mark down on these results was rather harsh and the current small rise makes more sense. Business is improving and upfront costs of acquiring new business will mean better revenue and reported profit later. THe rebased 8p dividend looks safer and hopes of progression seem more sustainable. I think the shares look good value. THe threat of court action doesn't worry me too much if the company is growing again.

[this_is_me] 28/2/2013 14:56

How come the quote says the current price is 106, but the spread is 110/111.75?

[deepvalueinvestor] 28/2/2013 08:12

Vosene, these guys are the administrators and not the advisors so although people sue everyone when they lose money, it is surely not the fault of Hansard. I think this is why it is not discussed very much but you are right to keep an eye on the issue.

[vosene] 28/2/2013 08:07

If I'm reading the numbers correctly, the potential litigation hanging over the company continues to grow, now over 20 million.

"Writs totalling €4.4m (approximately £3.7m) were served on Hansard Europe Limited in H1 2013, to bring the total of writs served to €14m (£11.6m)."

"The Group continues to deal with Policyholder complaints, principally in relation to suspended assets and product questions arising in respect of Italy and Belgium. A small number of cases have proceeded to mediation or arbitration in those jurisdictions. We estimate that current complaints could result in additional writs of up to £9m."

[v11slr] 28/2/2013 08:00

Panmure Gordon retain HSD as a buy with a 162p target. That said, I don't take notice of brokers' notes that don't change the recommendation or the price, seems to be they just re-publish the previous one rather than re-doing the figures.

[deepvalueinvestor] 28/2/2013 07:58

Great update. I remain a buyer.

[longwell] 28/2/2013 07:44

good strong results,still a good dividend return yet no one seems to have an interest,looks a good longterm holding to me

[this_is_me] 28/2/2013 07:31

Looking good long term and good diversification from the UK.

[deepvalueinvestor] 04/2/2013 19:27

And good to see buyers today despite a very weak FTSE 100.

[oneil912] 04/2/2013 16:26

Afternoon all, having worked for these guys they do run a very tight ship.. no fancy offices..............

[deepvalueinvestor] 29/1/2013 18:17

Legal issues seems more than priced in. Underlying value of 169p so it looks as though rerating can continue up to perhaps 130p.The 7% yield is still useful, as was their decision to reduce the dividend to grow new business. My feeling is that it will be increasingly seen as an emerging market growth play, not just an income one.