Hardy Amies Share Discussion Threads

[pictureframe] 12/9/2008 15:28

what a spread !

[ladybird1] 01/9/2008 15:50

Must say it looks a thin offering, but major ventures always have the odd blind alley, like the women's venture, and the web shop looks to be one too.

Interim uppdate out 21/9 last year and presumably we'll get something around then. They've been forthright enough to date, so should be interesting.

[boscolane] 01/9/2008 14:14

A typically cultured response !

[bungler] 27/8/2008 16:09

Afternoon all - the autumn collection is now out. I have no idea if they're nice or not as I am sartorially challenged. Perhaps one of the more stylish among HRD's bb'ers could enlighten?

[pictureframe] 07/8/2008 12:29

£289,000 pounds ;0)

[pictureframe] 07/8/2008 12:26

BLOODY HELL - I just noticed to RNS 10 million purchased at 2.89p NOW THAT IS GOOD NEWS ;0)

I am more than comfortable holding these now !!!!!

[boscolane] 01/8/2008 22:03

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 !!

[ladybird1] 01/8/2008 09:11

Ref. above, I have only just noticed the revised RNS. 10 million, Mr.Phillips actually bought for his pension fund!

I'm rusty on SIPPS, but am I right in thinking you have up to four months from the end of the tax year to make a contribution referable to that tax year, which might explain the timing?

Doesn't matter really. The point is it's a hell of a vote of confidence. Of course, he may have been drunk? But here's to his vesting the rest 3/12!

[ladybird1] 29/7/2008 22:27

Not meant seriously, bungler. I just wish I had the faintest idea why he's done it! Drunk, perhaps?

[bungler] 29/7/2008 14:24

I do hope not but I suppose that is a possibility ladybird.

[ladybird1] 29/7/2008 11:56

Possibly an opportunity for him to make what are sometimes euphemistically described as 'valuable tax losses'?

[pictureframe] 29/7/2008 11:45

yes he has the option of another 19 million shares

[bungler] 29/7/2008 11:42

Indeed patience is a great virtue - as I have just enjoyed over at Flomerics (Flo). Just an idle thought - if Philips continues to exercise his options then this could provide another method of funding the company for a good while. Off the top of my head I think he has 20 million or so options - if he buys the lot between now and December that's over half a million squid which would help the roll out and running costs.

[pictureframe] 29/7/2008 11:26

I think us longs have now mastered to art of patience - whats another 6 months to a year ? ;0)

[ladybird1] 29/7/2008 11:25

Fat fingers on the button

[ladybird1] 29/7/2008 11:24

Must confess, bungler, I can't see why Mr.Phillips would carelessly punt that sort of money on just a hope & a prayer. Equally, as clocktower says, given the state of UK retail and HRD's debt burden, it isn't perhaps currently a place for ordinary mortals to risk there few pennies.

We'll just have to wait & see. The rest of the options expires beginning December. I imagine the hope originally was for Tim to be rewarded by simply trading them against a higher price & pocketing a potentially very nice bonus. Looks unlikely now & the expectation they'd just expire quietly.

But who knows what might come out at the interims???

Amazing how the whiff of a reprieve from executin can cheer you up though! If ony for a moment or two!!!

[bungler] 29/7/2008 10:53

So how do you explain Philips buying the options at more than twice the market price? Seems to me to dramatically reduce the risk and suggests reward is coming for the patient.

[clocktower] 29/7/2008 10:44

Why bother - Risk - Reward is not on your side, is it?

[bungler] 29/7/2008 10:38

Presumably the £28,000 can go towards the company's running costs can't it? Every little helps.

[pictureframe] 28/7/2008 14:04

Yes a little tongue in cheek ;0)

To be honest I think there are far to many bargains in the market with less risk, hence the lack of interest here.

[ladybird1] 28/7/2008 14:01

Cost him £28k, so mustn't grumble he didn't shell out the rest. I assume you speaking tongue in cheek. Bungler right, of course. Whooly unexpected & a bit of a tonic.

My comment just expressing surprise nobody picking up the hint & buying today.
I'm not, so don't blame them, but thought there might have been a minor flurry of interest.

[pictureframe] 28/7/2008 13:52

He only converted 1 million instead of ALL of options available

[bungler] 28/7/2008 13:16

ladybird/ pictureframe good afternoon. I am trying to see a down side to this news and am failing. Can you think of any way at all that this isn't very positive?

[ladybird1] 28/7/2008 11:37

Mr.Phillips does not seem to have enthused the troops, pf.