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HRD Hardy Amies

1.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Hardy Amies HRD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.25 1.25
more quote information »

Hardy Amies HRD Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 03/10/2008 09:22 by boscolane
For what its worth Ive just had a chat with Guy Peters at Shore Capital. They are the nominated advisor to Hardy Amies.
He said there have been a number of approaches from people wanting to buy out the AREV stake and keep the company running with its listing. However there is only a limited amount of time before the administrator is appoined (under a week) for any deal to be done. Once the administrator comes in, the company is sold off piece meal and the creditors paid first. (shareholders getting nothing).

I asked him to mark out of 10 the chance of the company being saved. He said between 3 and 5 but nearer 3.
He also seemed to suggest that any deal would involve a debt for equity swap so we would get nothing anyway.
In the end he said there is a great deal of potential and huge brand value in HRD which is attracting attention.
He said the directors were VERY confident AREV would keep funding but that they were let down themselves from their funding source.
Sorry its pretty much bad news but I suppose others have lost a great deal more.
Regards.
Posted at 01/8/2008 23:03 by boscolane
Evening all, Ive just got back from holiday to the surprise of seeing activity on the HRD board !!! My view is that the phillips buy is very positive. Put simply, why would he invest if he didn't have faith in the companies progress ?
He should know how things are going, he is involved in running the business. He also bought early which suggests he thinks the price might be significantly higher by year end.
I had better not ring him to find out, when I spoke to brunning a couple of times he got fired soon after !!
Posted at 25/6/2008 09:33 by boscolane
A quick lesson in HRD speak.

For 'imminent' read 'to the wire'

One more thing Brunning said by the way. He said he welcomed calls from small shareholders and thought it was a healthy thing. He also commented that the report would make 'very interesting reading'. Not sure he would have said any of this if they were about to shaft the lot of us.
He didnt say anything which gave 'inside information' but at the current share price confirmation that they are solvent was encouraging.
Posted at 22/6/2008 12:36 by boscolane
Welcome back Ladybird, hope you had a good time away. If its windy,you must live up North.

I'm going for the 5/1 shot of next Tuesday. I'll place 100 of my truck load of HRD shares as the bet.
its the most excitment HRD has given me for months.....v sad !
Posted at 28/5/2008 10:55 by boscolane
This was released by Burberry today. If they can do it I dont see why HRD cant albeit on a smaller scale at the moment.
---------------
Fashion group Burberry is to make a further push into emerging markets and
cash-rich regions after strong demand for luxury goods from countries such as
China and Russia helped annual profits rise by a quarter today.
The firm posted pre-tax profits of #195.7 million for the year to the end of
March, with like-for-like sales up 8%.
Posted at 08/5/2008 11:50 by boscolane
Thanks Bungler. On the upside it shows private equity improving confidence in clothes retailing. Downside is more competition to HRD.
I notice someone sold 17 quids worth of shares today just covering their dealing costs. It could be a sign !
Posted at 07/5/2008 15:17 by bungler
Well, please let us know what you find either way - we're a fairly small bunch on this bb who seem to have run out of new things to talk about with regards to HRD. Thanks in advance.
Posted at 22/4/2008 15:42 by bungler
Yes nice one bosco - I had no idea i could buy HRD clothes in Grimsby, Derby or Barnsley amongst other surprises.
Posted at 12/4/2008 10:48 by boscolane
Morning fellow sufferers !!

I like the new website. The prices are high but without doubt the quality of the clothes and designs are exceptional. The test now, of course, is to make sure people sample them. That means some level of marketing and advertising. Maybe thats why they need the 500 thousand.
The share price is at a level where the city expects the company to go bust. My view is that the MMs take a serious risk here in dealing at around 1p as I suspect they could get seriously burnt.
I have mentally written these off BUT i have spoken to Nigel Brunning on a few occasions and the calculation is this. Either HRD is making real progress albeit in a difficult sector and economic climate or he's lying. Call me naive but I genuinely get the sense that the management are extremely effective.
I dont belive they plan to shaft shareholders and I hope the next update will clarify exactly where they are in development. I dont expect the new stores to be making money, that is simply unrealistic with start up costs and lack of public awareness. I think we simply need to see progress and listen to their forward projections.
Sermon over, now let the share price crash another 50% !!
Posted at 11/3/2008 11:18 by boscolane
Ladybird, it's clear from your posts that you favoured the old regime. From my reading of the situation they looked to be on their way to the knackers yard. There was large scale fraud going on (alleged) and losses were burning cash at a precipitous rate.
You call the current managments running of the comapny a "gamble" but I think its HRDs best chance of realising their potential.
AREV could help turn HRD into a global brand. Under Tim M I simply couldn't see it happening. Spending large amounts on the V and A show was good publicity but there were higher priorities at that stage in my view.
No offence intended ladybird I simply take a different view of this and I think our best chance of making some money is under the current management.

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