Hardy Amies Share Discussion Threads

[interactive2] 13/2/2006 13:54

Interesting

Thanks

[wiganer] 13/2/2006 13:52

interactive
There are frequent examples where small cap prices are manipulated downwards to facilitate things like options grants, placings or conversion of loan stock at favourable prices to those controlling the situation.
Clearly such situations shaft holders from higher prices, but they also offer a great situation for an opportunistic trade, as once the price has been manipulated down far enough it will often then spike hard. A recent example was BRTR.
This one smells to me as if the price may be being walked down to get another placing away at a cheap price.
Just a guess, and therefore won't be punting just yet, unless becomes clearer what is going on, or if price hits some absurd low.
If my hunch is correct, then part 2 of the play would be a good news RNS- maybe that "strategic partner"?

[smelgy] 13/2/2006 13:47

'Tis rather strange considering the quality brands had a cracking Christmas.

[interactive2] 13/2/2006 13:47

Wiganer

"engineered"

What do you mean?

[wiganer] 13/2/2006 13:43

Which makes it a tad less tempting. That said, this may be one of those situations where the drop is being "engineered".

[currypasty] 13/2/2006 13:41

someone just dumped 100k, and only got 2.75p....

[charmer1_23] 13/2/2006 13:34

0nline limits, SELL 10k@3.5, BUY 100K@3.65, means Pictureframe should be able to fill part of his order. ;-))

[snookered4] 13/2/2006 13:34

I spoke to the Chairman recently and he seemed very bullish but I guess he would as it is his company! However, at least there were no negative vibes and if I had the cash, 3.65p seems like a good purchase price with little downside and plenty of upside.

[wiganer] 13/2/2006 13:28

That said, this price is tempting...

[quotes_4_u] 13/2/2006 13:09

I think pictureframe is long gone.

[snookered4] 13/2/2006 12:59

You can now buy 75,000 at 3.65p if you want to!!

[currypasty] 13/2/2006 11:36

Id be carefull pictureframe... someone sold 100k the other day, and only got 4p, other recent sells were below yellow strip... market makers dont seem to want the shares at the moment.

[pictureframe] 08/2/2006 11:27

Can anyone recommend a decent broker that can get illiquid stock, my broker advises they are unable to get me 250,000 shares which I find hard to believe. Its only 12K worth not millions !

[pictureframe] 08/2/2006 08:20

seeing if I can get my order for 250,000 filled

[pictureframe] 07/2/2006 18:46

Taken from last update 23/12/05

The Board is also delighted to announce that the Company is in positive
discussions with a strategic partner to take the business to its next stage of
growth. Shareholders will be updated on further developments in due course.

[pictureframe] 07/2/2006 18:40

Hi Curry,

Yes I was bearish on this due to the fact the sales were not there to warrant the market cap & balance sheet was becoming weak (when it listed). Since then sales have been growing a fast rate, the international tie ups are now on line , frangrance selling well, store is always busy (I often pass it on business) & next partnership rumoured to be announced end of month.

Admin costs pegged back only real costs are now advertising expenses.

Recent fund raising should see the company through to profit.

I am looking to get 500,000 over the next week but getting shares is like pulling teeth !

Regards
Pic

[currypasty] 07/2/2006 18:26

hi picture.. ive been looking at these since issue, as i nearly bought the placing for the eis tax benefits. I seem to remember you saying they were overpriced a year ago... whats made you change your mind ?

[pictureframe] 07/2/2006 18:03

link for space nk , product is at the bottom sold out!

[pictureframe] 07/2/2006 16:54

BTW I bought my first 100,000 today and what a struggle it was. Dont think there is much stock out there only a few PI's have sold in lumps of 2 & 3000's

Looking to get 500,000 in total

[pictureframe] 07/2/2006 16:52

Hardy Amies

Float price 7.75p Currently price 5p

Market Cap just £4 million

Since floating they have released the following information

New menswear licensing partner in BMB, who recently purchased the Hardy Amies license from Stuncroft Brands Ltd. BMB are one of the largest owners of concession space withinleading department stores in the UK.

Tie up with Space NK stores from September this year. Space NK currently has 38 stores and is the UK's leading specialist retailer of fine fragrance, skin care and colour cosmetics. Check out the link to Space NK , the fragrance is sold out, at £125 & £250 a bottle that's not bad money!

International agreements signed for Australia., Hong Kong & South Korea:

As part of the revitalisation of the brand in Asia, Aussino (Hardy Amies
Master-licensee for China) is currently planning to open flagship Hardy Amies
stores in Shanghai and Beijing in time for the Autumn / Winter 2005 season.
(Not sure if this is open yet)

They announced that retails sales are now growing fast look at growth rate

End of Sept05 , Retails sales up 38%
End of Dec05 , Retail sales up 53%
Next update 75%+?

And finally from last trading update :

The Board is also delighted to announce that the Company is in positive
discussions with a strategic partner to take the business to its next stage of
growth. Shareholders will be updated on further developments in due course.

News due end of Feb regarding tie up according to another poster.

So we have a house hold name company, growing fast with low running cost so should see profits very soon and with such a small market cap a re rating will happen quickly.

Any views positive or negative welcome!

[damloy] 07/2/2006 16:51

It's their franchised connections in Asia that I think will be BIG....the burgeoning Chinese economy.....loadsa business suits etc. I'm holding onto these long-term.

[pictureframe] 07/2/2006 16:02

space have sold out of the HA Parfum @ £125 or £250 per bottle thats another good sign. Go to their website to confirm ;0)

[pictureframe] 07/2/2006 14:11

I have just bought 100,000 my frist batch. This looks like a stonking buy now and I have been watching it for a while. Was bearish but now extremely Bullish...will start another thread later with my reasons.

BTW I will be taking 500,000 in total but could only get 100,000 to start.

Pic

[damloy] 06/2/2006 09:17

From the horse's mouth (CEO Tim Maltin...via E-mail).....negotiations with 'strategic partner' going well.....expect positive announcement end Feb.

[ren3gade] 05/1/2006 23:33

why do u say that looks like people are losing interest as volume...need some sort of pr to get joe public interested again..