Hardy Amies Share Discussion Threads

[nakedshorter] 23/10/2007 07:50

topping up first thing...hammer the mms while they are cheap

[nakedshorter] 23/10/2007 07:40

always best to follow guy thomas's money

[nakedshorter] 23/10/2007 07:40

nice one!


Hardy Amies Re Contract




RNS Number:1563G
Hardy Amies PLC
23 October 2007


Hardy Amies plc
("Hardy Amies" or "the Company")


Contracts and Store Opening


Statement Andrew Manders, the Chairman of Hardy Amies plc.


"In my statement with the announcement of the half year results for 2007 I
promised to update shareholders on the final outcome of the negotiations
relating to the Japanese license, which was due for renewal on 19th October
2007. I am pleased to announce that with effect from this date we have signed
new license agreements directly with the ten existing sub-licensee operators in
Japan. These agreements are for three years and will provide a minimum sales
income of approximately #850,000 per annum at current exchange rates from 19th
October 2007. This compares with #452,940 included in the profit and loss
account for 2006, representing an increase of approximately 88%. The trademarks
rights for Japan were not owned by Hardy Amies plc under the previous
arrangements, but these now return to the group with effect from 19 October 2007
at no cost.


Daito Woollen Spinning & Weaving Co. Limited ("Diatobo") will no longer be the
master licensee for the Hardy Amies brand in Japan, but they will continue their
long association with Hardy Amies through their wholly owned subsidiary,
Rockingham Penta Co. Limited, which will still have a license for menswear in
Japan. Hardy Amies owes a great debt to Diatobo. Without their efforts I am
convinced the Hardy Amies brand would not be as strong in Japan as it is today.
I hope this relationship continues to flourish going forward through the
connection with Rockingham Penta.


As part of the new arrangements Chiaki Kawasaki will step down from the board of
Hardy Amies plc. I want to thank him for his commitment to the Hardy Amies brand
and particularly his support in recent months in ensuring a smooth changeover to
the new structure.


I am also pleased to announce that our first UK Hardy Amies store outside Savile
Row opened in Edinburgh on 18th October. The store sells the menswear range and
represents a real milestone in the development of the business in the UK.


Finally, we have agreed a joint venture with Aussino Group Limited to develop
retail outlets for Hardy Amies in China. Aussino is an established retailer in
the Asia Pacific region and has the infrastructure and expertise to help
establish Hardy Amies as a luxury brand in China. The joint venture requires a
capital commitment of #0.5 million from Hardy Amies plc, which is matched by
Aussino Group Limited. The plan envisages the opening of our first stores in
China during 2008."


Andrew Manders

23rd October 2007


Contacts

The Company

Andrew Manders 020 7734 2436

[pictureframe] 20/10/2007 12:32

Sorry Japan....should be next week if all goes to plan ;0)

The most significant international license derives from Japan and is due for renewal on 19 October 2007.

[marshalltronics] 19/10/2007 12:00

I will be happy for both

[bungler] 19/10/2007 11:53

Chinese? Or Japanese?

[pictureframe] 19/10/2007 11:26

should hear about chinese contract very soon

[marshalltronics] 18/10/2007 17:53

I just hope we are in for a "breakout"

Good luck to all holders.

M.

[ladybird1] 18/10/2007 11:33

Nice to see you chaps back & in cheerful mood.

Perhaps not a lot of oomph behind the latest tick ups but going the right way & could develop a bit of its own momentum. A couple of quite minor positive announcements (shop openings, licensing agreement finalisation) could have a very positive effect.

[pictureframe] 18/10/2007 10:52

Think we just need to be patient, this share reminds me very much of Walker Green Bank. I took a sizeable chunk there @11p a few years ago when it was pretty much unloved now look at it. Good luck ;0)

[bungler] 18/10/2007 10:48

Wow pictureframe - that's a nice holding. I hope to get to the half million mark before long.

[pictureframe] 18/10/2007 10:40

I have 900,000 of these and my average is approx 2p..not concerned as like you I feel the quality of the management will turn this into a very profitable company. Looking forward the the deal news soon

[bungler] 18/10/2007 10:36

Indeed - I cannot understand why this isn't on more people's radars. The team behind it have excellent records and I for one am putting my money where my mouth is. Today's purchase takes my average to 1.45. I confidently expect a multi-bagger down the line.

[pictureframe] 18/10/2007 10:32

Well with the directors buying bundles of 1 million shares a couple of weeks ago it bodes will doesnt it ;0)

LONDON (Thomson Financial) - Hardy Amies PLC said its chief operating
officer Nigel Brunning bought 1 mln shares or 0.48 pct stake in the company at
1.25 pence per share.
The garment designer said this is the first purchase by the chief operating
officer.
Non-executive directors John Heath and Peter Phillips also bought 1 mln
shares each lifting their stakes to 0.48 pct and 0.84 pct respectively, the
company added.

[pictureframe] 18/10/2007 10:29

on the move again.

[bungler] 18/10/2007 10:29

Yes I agree - and am in for a few more this morning.

[pictureframe] 18/10/2007 10:25

Anyone else think price action could be a result of a better deal for us?

We should get news any day now about this ;0)

The most significant international license derives from Japan and is due for renewal on 19 October 2007. We are in the final stages of long negotiations, but are confident that new arrangements beyond 19 October 2007 will generate significantly more revenue than the #452,952 booked in the income statement in the year ended 31 December 2006.

[pictureframe] 18/10/2007 09:31

Hmmm this has been creeping up lately.

[ladybird1] 08/10/2007 09:00

A very good & articulate posting on the iii board over the weekend, setting out the current case for HRD.

[marshalltronics] 05/10/2007 16:32

plus 2 others @ 1 million each.

£12,500 x 3.

Hardy Amies Director/PDMR Shareholding


RNS Number:1543F
Hardy Amies PLC
04 October 2007




Hardy Amies plc ("the Company")



Director Shareholding



The Company announces today that it has been notified that Nigel Brunning, chief
operating officer, Peter Phillips, non-executive director and John Heath
non-executive director, have each purchased 1,000,000 ordinary shares of 1p each
in the Company at 1.25p.






Hopefully a good sign forward.

M.

[pictureframe] 05/10/2007 15:15

well thats a vote of ocnfidence 1 million share purchase by director

[marshalltronics] 04/10/2007 22:32

Directors buying is very, very good news indeed.

Keep up the good work lads.

M.

[bungler] 04/10/2007 17:13

Well it wasn't filled which makes me feel relieved and annoyed in equal measures. Still maybe it'll drift again for a few weeks and we can top up at a lower price. That spread is still a killer though.

[ladybird1] 04/10/2007 16:32

Very good, bungler. I have to confess I nearly fell too but couldn't get the stock & left it. Perhaps for the best.