Hardy Amies Share Discussion Threads

[pictureframe] 27/4/2006 15:55

paying over 20% premium for just 80,000 shares @ 7.5p must really want them! That said I had to hold for 20 mins just to get 50,000 @ 6p

[pictureframe] 27/4/2006 15:46

Re deals : Plenty more to come, is homewares new?

The board is currently in discussions with a number of new potential licensees
for both Hardy Amies and Norman Hartnell products; and is also in discussion
with one of the world's largest homewares distributors in respect of a roll-out
of Hardy Amies branded homewares.

Additionally, Hardy Amies' menswear licensee, BMB, has enjoyed a promising first
season of wholesale sales, including a significant order from Harvey Nichols,
which will be stocking Hardy Amies ready-to-wear menswear from July this year.

[psolomons] 27/4/2006 15:13

it can be very lucrative though Interactive if you back a winner. I agree that HRD looks a no brainer after this announcement.
The fashion show yesterday to mark 60 years of Hardy Amies went extremely well I understand.

[interactive2] 27/4/2006 14:53

V interesting, just shows there is nothing around, this has to be marked up soon. I think the problem may be that there are actually no shares around... but cheeky of the mm's to be calling it 5 - 6. so you would sell it to them at 5 ish and they sell it at 7.5..... a 50% profit....nice work if you can get it.

This is my only problem with AIM, its not really that efficient.

[psolomons] 27/4/2006 14:47

interesting trade of 80,000 at 7.5p !!

[pictureframe] 27/4/2006 12:16

dont forget some of the big department stores start selling in July

[pycco] 27/4/2006 12:00

2005 licensee income £732,379 up 9% from 2004 (£671,600).

Plenty to play for :- 1992 Worldwide licensing sales peaked in excess of £200 million from over 40 licensees.

[pictureframe] 27/4/2006 09:31

totally agree, give the new board a few months to "bed down" and I think there will be a raft of deals being annouced. These guys are serious profit makers and I for one am happy to hang on to their coat tails ;0)

[interactive2] 27/4/2006 09:21

Odd reaction, by the market makers....

Marking the price down, OK more shares in issue, but they are not going to sell them after buying in, without a significant uplift. EIS holders wont sell
before 9p...

Really bizzarre, I shall just keep topping up if this dips any further.... this really is a no brainer..

You have to understand the model.. The losses were based on advertising the brand, however, the money in this company is licensing. It is not as if they have to manufacture thier own stuff. They just license the name.

So for example, if someone came along now (which they obviously will with Arev et al around) and paid 1m for licensing, they are proifitable. Another 1m and
they are very profitable... with overhead remaining the same.

And the advertsing is working... how do you think Arev saw them?

[pictureframe] 27/4/2006 08:56

tie up with ghost is a matter of time imho

[interactive2] 26/4/2006 13:09

Issue was done at 6p and carries EIS... thats when I bought, average at 5 over my holdings.

I doubt there will be director buying though pictureframe, unless its Tim Maltin, as the rest would be "concert parties" with Arev, and that would require PTM approval. 49.9% seems an odd number too... I think, and don't quote me, but this may have mde HRD a subsidiary of Arev and this may have lost the EIS benefits. A guess at present but I will do the reasearch.

Actually a quick calculation will tell you that it is not worth anyone with EIS selling unless the price is at around 9p

[pictureframe] 26/4/2006 12:58

Well not at this price anyway ;0)

Dont forget a lot of people bought at listing for tax benefits so they are holding higher up. This deal has me really excited, these guys have all the contacts & experience, those who sell now will be dissapointed in the med term imho.

I expect to see some director buying soon.

[interactive2] 26/4/2006 12:47

Sorry to butt in Haggis, but I find Jarvis www.jarvisim.co.uk a good one for the smaller shares... thier site is not the greatest, functionaly, but I seem to have no poblem dealing in HRD through thier system and the brokers are OK on the phone too..

You will find there are not many out there though, which is another big benefit of this stock. I t has a lot of holders but no one is letting them go..

[pictureframe] 26/4/2006 12:45

Hi Haggis,

I got my through Barclays...be prepared to hang on the phone while they try to get anything over 2000 shares. That said looks like there was a 50k sell today so you might be lucky.

[haggis3000] 26/4/2006 12:29

Hi pictureframe, can you reccomend a broker to buy some of these.


Thanks

[interactive2] 26/4/2006 12:13

When I iniytially got involved with HRD, I did some reserach on
the company on Ofex (as it was there ate the time and moved to AIM in Jan 2005).

There was an announcement on the Chinese deal, on the day nothing happen, but
over that week the share price went from 6p to 26p after being in the mail!!!!

Not suggesting that will happen here, becuase there are more shares in issue, but just shows how this one relies, almost completely, on press comment.... looking forward to it!

[pictureframe] 26/4/2006 11:24

these top guys are not going to take a 49.9% stake unless they can see a significant return

[pictureframe] 26/4/2006 11:23

I think we will see a step rise in turnover over the next few months. There are a lot of deals to be done. I like the sound of this

The purchase of BDCU will give Hardy Amies access to the necessary working
capital to undertake the next stage of its growth strategy and will also allow
the Company to exploit Arev's wide contacts in retailing, to enter into
strategic alliances with other Arev fashion retail investments and to benefit
from the experience of the proposed new directors

[pictureframe] 26/4/2006 11:13

hi all, very very happy with this news, top company involved. Cant go wrong at this price imho

[psolomons] 26/4/2006 09:46

Brilliant post interactive and very informative.

[interactive2] 26/4/2006 09:21

OK guys there's the announcement....

Having done a bit of research and Googling, I am not sure people have understood the significance of this.

Arev Brands, are obviously Arev Managemenent. David Beech was a former senior Partner of Heatons Lawyers and went to work for Arev Managment, a private equity firm.



Arev was formed by Jón Scheving Thorsteinsson, he was formerly at Bauger who were the company that have bought half the high street:

"Among the principal UK assets owned by the company are the supermarket chain Iceland, Booker wholesaler, Hamleys toy retailer, Woodward foodservice, Goldsmiths jewellery chain and Mappin & Webb retailer of luxury watches and fine jewellery, the fashion chains MK One and Jane Norman, the health products chain Julian Graves, LxB II a property development company, The Shoe Studio Group and Mosaic Fashions Ltd. which owns and operates the Oasis stores, Karen Millen, Coast and Whistles."

Now here is the interesting bit:



Kevin Stanford is in with them. If you don't know who Stanford is:

STANFORD'S STANDING

£2 million paper profit from a 29 per cent stake in Moss Bros. He made an estimated £1.2 million by selling a previous 8.9 per stake to Shami Ahmed in 2003
£8 million paper profit from a 25 per cent stake in Mulberry
£48 million from the sale of majority of Karen Millen, where he still holds a16 per cent stake
£11 million profit from buying and selling a 1 per cent stake in Marks & Spencer
95 per cent stake in AllSaints, the fashion brand
13 per cent stake in the Baugur-controlled Mosaic Fashions with his former wife, Karen Millen
8.3 per cent stake in Baugur with partners Magnus Armann and Sigurdur Bollason
10 per cent stake in Booker

And who is behind a lot of of these finanncings. Landsbanki... and probably the billionaire guy who wns it.

Wrapped up as an "acquisition" of BDCU, it is actually an investment by Arev, and as close to a takeover as you are going to get.

In conclusion, HRD are being invested in by a group with tons of cash, a guy with the midas touch in fashion, and are now part of a stable of the best known high end fashion and accesory brands in the UK......

Er.........HELLO........MCFLY....... BUY SOME.......

I have noticed with this share that until it hits the newspapers, there
is not much interest in buying... I think this is a classic example to
get in before in apperas in the paper... I would bet my bottom dollar
that it will be in the mail on sunday and other papers..... They have
a fashion show today celebrating 60 years this will get coverage,
along with the takeover........ a no brainer

IMHO this share is now significantly undervalued, and I for one
could kiss the guy who sold me them......