Hardy Amies Share Discussion Threads

[boscolane] 12/12/2007 09:30

My view is that there will be a rights issue but it should be seen as a good thing. This is not some cowboy, fly by night management team that will fleece the small shareholders. They will make sure the business is attractive to institutional investors and have the whole process underwriten by them. Maybe a share consolidation of say 5:1 will follow setting a platform for well financed and huge future growth. Small investors may be given the chance to take up the rights issue and I certainly will if its offered.
Look at the progress in the last year and think what could happen in the next 12 months.
All IMHO of course.

[pictureframe] 12/12/2007 09:13

Do you still think a right issue will be required? I dont feel this will be the case for some time. Perhaps when the company is making small profits they may try to get some institutional investors on board and then speed up the store rollout.

Until we see the impact of the renogotiated deal on the bottom line its very much guess work.

[ladybird1] 10/12/2007 12:17

pf

Indeed, it looks a damn sight better than a year ago!!

As an aside, have you included taking up the probable rights issue in your 15p?

[pictureframe] 08/12/2007 14:08

Thanks for the info.

Another positive is the mms seem to be happy to take small sell without moving the shareprice down. This was notorious for moving big percentage points down on tiny selling action. My belief is its almost at breakeven now and profits are not far away at all. Once we get the first profit announcement this share will fly imho.

I own 1 million shares in this now and I am looking for at least 15p before I consider selling any.

[boscolane] 07/12/2007 15:55

I had a brainwave today. Instead of searching the web or asking other posters for information I decided to ring the company myself to find out about the new stores.
I can officially confirm both Chester and Fulham in London are now OPEN.
That means HRD now has three shops outside Saville Row.
There WILL be a trading update in the new year and expectations are good despite the credit squeeze.
A friend of mine lives near Saville Row and he says trade appears to be going extremely well at the head office.
I also got a sense that the company PR machine was about to start moving again.

[boscolane] 06/12/2007 17:18

Found this from a poster on another financial site bulletin board. Pretty good analysis of the new management i reckon.


'Arev are in effect a private equity house that specialise in retail. They own Jones the Bootmaker, Duchamp, Cruise, Mountain Warehouse,Bloomin' Marvellous and I think some things abroad.

HA is the only one listed

I see it as a great way to get in on a private equity fund, hopefully with a private equity style return. Just look at the millions P Green made through Arcadia, how muchwas made by the PE boys on Debenhams etc

At the AGM Arev said they wanted to take the smaller investors along for the ride and I believed them

The only other similar PE style stock I have is Renold and that has done very well over the past year

You cant deny that the PE boys know how to max the value of a company'.

[boscolane] 06/12/2007 09:59

The MMs know this will move very quickly when the full recovery picture is revealed further. Lets face it, three new UK shops, the chinese project, the japanese contract, general cost cutting by an extremely effective new management, this is only going one way.
The MMs dont want to be caught with their pants down so are keeping the spread at an almost untradeable level. Having said that 3p is still very cheap and i notice someone picked up 160000 the other day.

[boraki] 06/12/2007 07:53

I will buy if the mm's narrow the spread.

[pictureframe] 05/12/2007 16:01

SEIZETHEDAY - 5 Dec'07 - 15:48 - 782 of 784


5 quid easy by xmas 2011

Then, fiji or maldive?

If it gets there I can buy an island myself and you lot are all invited lol

[bungler] 05/12/2007 16:00

Shhh - don't tell everyone - I'm still trying to load up at these reasonable prices....

[pictureframe] 05/12/2007 15:58

New management are doing a fantastic job, potential was always there but these guys are making it happen.

[seizetheday] 05/12/2007 15:48

5 quid easy by xmas 2011

Then, fiji or maldive?

[boscolane] 05/12/2007 15:45

Good to here all HRDs key suppoters are still around !!
Sounds like the new stores are up and running in London and Chester before christmas. Now they need to get the web site moving in order to maximise sales potential. Here's to the end of year update !!

[pictureframe] 05/12/2007 10:39

RNS re new store must be coming soooooonnn

[pictureframe] 05/12/2007 10:38

Well guys after a bit of digging around this morning I think I can confidently say we have another store in Kensington coming soon or already opened...how do I know? Found this ;0)

Assistant Manager
Assistant Manager- South Kensington , Fulham Road Established for over 60 years, Hardy Amies remains one of Britain's best-known designers. Since it's founding, the company has become an internationally acknowledged brand, synonymous with quality, luxury and style. As Hardy Amies ... more

Location: West London, London • Salary: £17,000 - £23,000 • Company: Hardy Amies • Job type: Permanent • Date posted: 05/12/2007

[seizetheday] 05/12/2007 09:52

we will rock them!

[pictureframe] 05/12/2007 09:46

Still here too ;0)

[ladybird1] 05/12/2007 09:45

Also with you in spirit, tho' alas these days too large in body to be able to wear the slimline shirts.

[801710245] 05/12/2007 09:33

No neither of you are alone - I got me ears on too good buddies.

Jim.

[bungler] 04/12/2007 20:24

Sorry to disturb your personal conversation boscolane - but thanks for that - looks good (even if it did take about ten minutes to load!) Now carry on talking to yourself.

[boscolane] 04/12/2007 20:09

Im fearing talking to myself !! but who would like to see a picture of the inside of the new Hardy Amies shop in Edinburgh.

Here it is:



Very impressive !

[boscolane] 28/11/2007 15:14

I haven't heard a thing picture but I suppose any news would come from the company. My guess is that getting the money back (if he is guilty mu lud) will need a judicial process followed by a claim for repayment which could mean him selling his house etc. So the company will be waiting a fair time for their money back. Having said that once the alleged fraud was discovered the bottom line suddenly looked alot better. That, together with the japanese deal, Edinburgh and China makes HRD look very exciting.
By the way if you click the hot stocks box on advfn, HRD is the only share with a 100% buy recommendation. Doesn't mean a greatr deal but shows there is punter confidence out there.

[pictureframe] 28/11/2007 08:31

Anyone know how the co is getting on with the recovery £££ from the old FD?

[ladybird1] 22/11/2007 18:07

Thanks, bungler, a very nice little article. That & the store opening beautifully timed for Xmas. Bated breath in January to see how Edinburgh & London got on in the spending season.