Hansard Global Share Discussion Threads

[pote] 04/6/2011 22:02

Cheers David, it's probably an age thing!
I remember you mentioning some "cash rich shares" on TMF a few years ago.
I thought HSD was one of them and you sold it at a later date. Of course, I could be totally wrong and it may have been a dream.
I'd like to make it clear though, that I don't dream about you on a regular basis.

Good luck to Blackpool next season (I hope you finish runners up)
;-)

Edit: Looking forward to the Mello bounce.

[davidosh] 04/6/2011 21:23

Hi pote....Au contraire I have held HSD for 18 months and added considerably about 6 months ago when it seemed right to play the high yield and growth phase cards together. I actually started a new thread on TMF at the start of 2011 here...

So, in short, no idea why you thought I had sold.

[pote] 04/6/2011 19:39

Hi David, if you don't mind me asking, are you still a holder of HSD, only I seem to remember you selling out some time ago (I may well be wrong though).

Good luck with the Mello meeting, and thanks for all the hard work you put in.

pote
(I hold HSD)

[davidosh] 04/6/2011 19:27

Just to let you guys know that two of the directors of Hansard have accepted my invitation to present to investors at our regular third Monday dinner event on the 20th June in Beckenham if you would like to fully understand the business model here.

[loganair] 04/6/2011 18:37

Many of these punters tend to be Expats working in the Middle East or Asia with the vast majority an up front fee of around 9% with a minimum investment of £100k. This is from my personal experience of working in both the Middle East and Asia however I was one of the few who thought 9% was way over the top in initial up front fees.

[hieronymous1] 04/6/2011 14:10

He might simply be saying that their is a finite supply of mug punters or that governments will introduce effective competition to drive down margins. History suggests that neither possibility is likely.

[envirovision] 04/6/2011 09:08

Never understood it either. I will have to have a guess on his behalf:

Could he be saying we should be pursuing the policy market in the more overcrowded lower margin countries of the west ?

or is he saying we should not be entitled to make a higher margin in Asia ?

Maybe at the end of the day perhaps he is saying we should not be allowed to operate in a free market ?

What ever one of the three it may be its a pretty ridiculous concept.

[paul_butcher1999] 04/6/2011 07:54

bisiboy - pls explain yourself.

[pvb] 27/5/2011 20:23

before you take a position in this you should take good look at the underlying
investment policies that they are selling and charges which are built in
it s not suprising their margins are so high but are they value for money?

Any more info would be appreciated.

[loganair] 27/5/2011 20:06

bisiboy - I use to work in the Middle East and that is how most investments to the expat community are offered. And many expats do take out such policies/investments.

[bisiboy] 27/5/2011 19:02

before you take a position in this you should take good look at the underlying
investment policies that they are selling and charges which are built in
it s not suprising their margins are so high but are they value for money?

[envirovision] 14/5/2011 13:34

Can only be a matter of time before a big predator buys this business as a tasty bolt on morsel.

[envirovision] 10/5/2011 07:45

Subject:
Date: Tue 10th May 2011 7:41:00
Region:
Market sector:
Company: Hansard Global PLC


DJ Hansard Global: 9 Mos PVNBP Up 37.4% To GBP162.1M


LONDON (Dow Jones)--Hansard Global Plc (HSD.LN), a specialist long-term savings provider, announced Tuesday for the nine month ended March 31, 2011, that present value of new business premiums or PVNBP is up 37.4% to GBP162.1 million compared with GBP118.0 million.

MAIN FACTS:

-New business margins of 8.0% on PVNBP basis for the nine months (2010: 6.9%);

-Benefits of globally diversified business with strong performance in growth markets of Far East and Latin America;

-Regular premium PVNBP of GBP33.2 million for the three months ended 31 March 2011 is almost double the level of the corresponding quarter;

-IFRS profit after tax for the nine months to 31 March 2011 of GBP12.9 million (2010: GBP13.5 million);

-Some impact from increased expenditure on new business initiatives and ongoing regulatory compliance, as previously stated;

-EEV operating profit after tax for the nine months of GBP13.9 million (2010: GBP10.0 million);

-Assets under Administration of GBP1.3 billion at 31 March 2011, up 11.7% since 30 June 2010 and stable since December 31, 2010;

-Increased interim dividend of 5.75 pence per share paid on 31 March 2011 (2010: 5.5 pence).

-Shares closed Monday at 165 pence

-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [e-mail]



(END) Dow Jones Newswires

May 10, 2011 02:41 ET (06:41 GMT)

Copyright(c) 2011, Dow Jones & Company Inc.

[envirovision] 03/5/2011 11:07

Nope everything's "tikedy boo" Donut.

Clearly there was some idiot selling from end Feb onwards (probably some inept fund manager from SL haha.)

They seem to have finished now.

It certainly enabled a lot of people to get in at a disgustingly cheap price from the FT tip though who ever it was.

[death by donut] 28/4/2011 17:10

did i miss some news soemwhere?

DbD

[fxdealer3] 11/4/2011 15:09

Standard Life have Embedded FV of £3.38 and share price £2.10 .

SL Net Asset value is £1.80 .

There is always a huge discount between Future Value and share price just check sector .

NAV is also a factor combined with IFRS profit .

FT journalists are laughable at times with their tips.

Fx

[envirovision] 11/4/2011 13:33

Looks like the seller has been weakened with the steady steam of small buys today. Hopefully the seller is done. This should be well over £1.80 by now and nearer £2 imo.

[kiwi2007] 11/4/2011 09:29

Lots of PI buying this am after the 'tip' but looks like there's possibly a bigger seller in the wings?

[badtime] 10/4/2011 14:54

SG...cheers ..i was being a tad sarcy..so apologies

[simon gordon] 10/4/2011 10:44

Badtime,

You'll need to go and ask Fingers if you want chart projections.

[pvb] 10/4/2011 09:58

It's all a guess!

[badtime] 10/4/2011 00:40

i guess charts r useful for whr a share price has been...mind posting the rest of this years one

[envirovision] 09/4/2011 20:52

So fxdealer3, err what planet are you from then?

In todays FT, Peter Temple disagrees:

Published: April 8 2011

My main equity purchase in the past month has been Hansard.............................................................................................Hansard's embedded value is around 192p versus a share price of less than 160p. Embedded value looks at the value of the company's policies in force, but bearing in mind that they will be profitable for many years into the future as premiums continue to be paid.

For shares in a company such as this to trade at a discount to its embedded value strongly suggests that it is undervalued.

[fxdealer3] 02/4/2011 22:34

U may start analysis by NAV of 38p and share price £1.55 .

Dividends can be cut at any given time and buying on div alone is fool hardy .

EEV is never used by funds for basing investing decisons .It is nice to read but not financially relevant under global appraisal methods .

HSD chart does not make good reading and some of stats I use show it is overvalued without div yield .The 5 yr chart is very bad .

Be careful

Fx