Hardy Amies Share Discussion Threads

[seizetheday] 30/10/2007 09:35

loved the last bit re: bungler
lol

[ladybird1] 30/10/2007 09:18

Agree entirely with all the posts that, if you are punting a few bob, it's difficult to imagine a more exciting horse to back. I'm delighted to be in. As pictureframe said, the update was well beyond expectations re Japan, the China news is exhilirating and the outlook looks transformed. Advancing, coherently, on all fronts.

Nonetheless, it remains a punt. As Mr.Philips commented in the FT article kindly posted, Japan now covers existing trading, the loan cash goes for business development. If the new stores don't make it (UK recession, Bush bombs Iran, etc.)then that loan cash will soon disappear & the company will struggle.

As I say, I'm delighted to be in but let's not open the Moet just yet - or in pictureframe's case, with his holding, buy the yacht. Perhaps Bungler should also not throw the medication into the dustbin immediately.

[seizetheday] 30/10/2007 08:58

A great brand like HA is now worth only 5 millions!
This price is a steal!
More than half of the shares are tightly held and therefore small volumes traded can push the price very rapidly.
With the recent great news from Asia and the new stores opening in key areas like Edinburgh etc and Xmas round the corner, I can see a great start for the 2008 and a significant renaissance of this great British icon.

from HA website - Investors relations

Shareholder Information
Hardy Amies plc securities are traded on the AIM Market, LSE.

The total number of AIM Securities in issue is 207,991,085.

The percentage of AIM Securities currently not in public hands (as defined in the AIM Rules for Companies) is 51.11%.

Significant Shareholders
The following shareholders are directors of the company and any other shareholder of 3% or more of any class of security (except treasury shares)

Arev, 49.31% shareholding

Pershing Keen Nominees Limited GWCLT Acct, 4.30% shareholding

Pershing Keen Nominees Limited Perney Acct, 3.79% shareholding

Peter John Philips, 0.84% shareholding

John Heath, 0.48% shareholding

Nigel Brunning, 0.48% shareholding

[boscolane] 29/10/2007 17:44

Welcome back bungler, Mrs B is allowing you back on advfn again, excellent news but get a grip man !
You maybe right, perhaps they will hold onto it. Running a firm like HRD must be very interesting, imagine the parties you get invites to !
On a serious note perhaps they will realise more in the business. Who knows what the value could be, it just depends how popular the brand becomes. Even now its worth far far more that 2.75p. Thats why im adding when i can.

[pictureframe] 29/10/2007 17:39

Old Sharon Osbourne is always in our stuff, didnt know Helen Mirren wore it.

Might buy another 100,000 next week taking me to the 1 million mark....now if only it could get to £1 a share...;0)

[boscolane] 29/10/2007 17:32

frankly when Hardy Amies start advertising again it will be time to batton down the hatches. The whole thing could easily take off in a spectacular way, accessories included.

[bungler] 29/10/2007 17:26

I hope you're wrong boscolane - I can't see why they would spend all this effort to build up the brand and business and then sell out relatively early. 15p only values the company at about £25-30 million if my maths is correct. Admittedly it would be a 1000% return on the directors recent purchases!

[pictureframe] 29/10/2007 17:23

Another thing in the pipeline is branded household items...could be a winner

[boscolane] 29/10/2007 17:17

Just a thought. HRD also own the name Norman Hartnell. It used to be fashionable but does it have the ring of a successful brand for today.
what do you think ? Diesel, Gaultier,....Norman Hartnell !!
On second thoughts forget it !

[pictureframe] 29/10/2007 17:16

Well no one expected the quality of the Jap deal recently announced, it transformed the company overnight. A few more deals like that and I dont see why 15p+ cant be acheived.

[boscolane] 29/10/2007 17:12

I don't think it will reach 20p im afraid, although I wish it would. My guess is that arev will sell their controlling stake at around 15p for a smart profit. They will have turned around the business and taken their money within 3 years. Thats what they do ! then move onto something else.
It wouldnt surprise me if the buyers aren't already in the wings. Hardy Amies and their superb designs will be irresistable to either the japs, americans or saudi's. They could pick up a profitable,world famous name for peanuts in equity terms. Who knows perhaps phillip green in blighty might fancy them ! It would be a nice top end fit for his retail business.

[pictureframe] 29/10/2007 15:57

hard not to keep watching the sp, but come back in 6 months for real gains imho

[seizetheday] 29/10/2007 15:55

precisely
i am building up a nice holding too

your target?

[boscolane] 29/10/2007 15:26

I Love it. This share is up and down like a tarts knickers !!
Why anyone would sell at this point however is beyond me.
I know its hard to hold when the price falls from preveous highs but consider this:

What has the japanese deal done to the companys bottom line ??
What will the profits be when the new shops start selling ??
What will the price be when the private equity management, who are doing a brilliant job, sell out ??
Why did the directors all buy a million shares recently ??

I hold and add when the market allows.

[seizetheday] 27/10/2007 08:04

EDITOR'S CHOICE
Signs of shopping life before Christmas - Oct-24Retailers suffer poor summer - Sep-11Christy seeks to dress up in a new role - Oct-23Wagamama set for auction after IPO abandoned - Oct-16Worthington chief steps down amid write-off - Oct-16Ocado looking to move higher up food chain - Oct-12LATEST STORIES
Panel sets Sainsbury deadlineWal-Mart to test online grocery sales marketSir Philip Green forecasts downturnPartyGaming seeks more alliancesArcadia sales rise despite wet weatherHouse of Fraser debt cut by BaugurArgos leads Home Retail higherSports Direct suffering new crisisBlacks says it will not sell FreespiritHedge fund is bidder for Southampton
Hardy Amies lifted by Japan licence moves
By Jeremy Lemer

Published: October 24 2007 03:43 | Last updated: October 24 2007 03:43

Shares in Hardy Amies, the lossmaking British couturier best known for dressing the Queen, have more than doubled in value after the company signed new licence agreements for its ranges in Japan.

The shares, which have been languishing below 3p for the past year, rose 2.13p to 3.875p.

The company, whose clients include actress Helen Mirren and the British rock group The Zutons, said it had signed new three-year deals with 10 existing sub-licensees in Japan that would provide a minimum sales income of £850,000 ($1.7m) a year.

The annual fee is an 88 per cent premium to the £452,940 that the company received in 2006 under the previous licensing arrangements.

Andrew Manders, chairman, said: "The financing we put in can now be used to fund ongoing business rather than ongoing trading losses. It means we can step up the business."

In recent years the company has struggled. It lost its royal warrant in 2003 when Sir Hardy Amies, the company's founder, died.

In 2006 Hardy Amies made a pre-tax loss of £2m on turnover of £1.2m and was forced to take a £2.9m loan from Arev Brands, its leading shareholder.

Hardy Amies' present situation is a far cry from its heyday in the 1950s when it became famous for tailoring the Queen's coronation dress.

A decade later the brand was a favourite with actors, models and sportsmen. The 1966 England World Cup football team wore suits by Hardy Amies and Sir Hardy designed all the costumes for Stanley Kubrick's classic film, 2001: A Space Odyssey.

Since 2002 the company has attempted to re-invent itself. Ian Garlant, who trained under Sir Hardy, was drafted in from Aquascutum to be chief designer and the brand has begun to roll out a new retail strategy.

On October 18 Hardy Amies opened its first store outside of Saville Row in Edinburgh and two more will follow later this year.

Yesterday the company announced a new joint venture with Aussino Group, an Asia-pacific retailer, which could see Hardy Amies stores open in China in time for the Olympics next year.

Copyright The Financial Times Limited 2007

[seizetheday] 26/10/2007 23:46

he has been taken to a local reformatory for three months

[marshalltronics] 26/10/2007 22:26

Well I'm afraid Lads and Lasses I have to go away for a few months.

Take care of yourselves in these "Markets", believe me they are very dangerous at the moment. Watch out for China and Hong Kong, because they can be brutal when they turn, and they will have no mercy for the UK and US markets.

Good luck to you bungler and pictureframe, it's been a pleasure to watch this board.

Have a good Xmas and I will see you in the New Year.

Take care of yourselves.

Marshalltronics

[bungler] 26/10/2007 18:06

Well that was a good week to go away and keep my promise to Mrs Bungler not to look at ADVFN ! 111 unread messages on HRD - unheard of. Actually glad to see it drop back as the week progressed as that sort of rise was too far too fast. It also means those of us who are long-termers can continue to add at sensible prices. Very happy that all is progressing as planned.

[seizetheday] 26/10/2007 12:21

precisely.
and with damaged turf

[marshalltronics] 26/10/2007 12:16

Is is something to do with MI5

[seizetheday] 26/10/2007 11:53

u know what a mole is?

[marshalltronics] 26/10/2007 11:39

I'm back, did you miss me?

Anyway, more serious matters.

The Investors Chronicle has not mentioned Hardy, as usual.

Blast my spelling! They probably thought I was a Company Director and did not want any back- lash. Why I buy the magazine I do not know, (well actually I don't, I scan it in W.H Smith's) speaking of which, I must get a less heavy flat- bed scanner. It is a nightmare carrying it around the shops.

Anyway, I will keep sending the letters. I just hope the HMP at the top does not put them off.

I see nothing is happening to this share at the moment.

By the way, "what's the dole"?

M.

[seizetheday] 26/10/2007 09:38

ANYBODY ON THE DOLE ?

[marshalltronics] 26/10/2007 09:37

(Don't worry Marshall, we're not thinking anything of the sort!!!)


Very droal, (sorry drole).

Going now, honest.

M.