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Share Name Share Symbol Market Type Share ISIN Share Description
Hargreaves Services Plc LSE:HSP London Ordinary Share GB00B0MTC970 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.5% 200.00 200.00 202.00 202.00 200.00 200.00 180,978 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 302.6 -9.9 -14.8 - 64

Hargreaves Services Share Discussion Threads

Showing 1851 to 1875 of 1875 messages
Chat Pages: 75  74  73  72  71  70  69  68  67  66  65  64  Older
DateSubjectAuthorDiscuss
02/6/2020
16:07
The announcement also commented how, for the year ended 31 May 2020, “other than the impact caused by the Covid-19 delays in the Property business, the Board expects to report underlying results in line with the market expectations which were in place prior to their withdrawal on 26 March 2020”. In other words, with a £3.7m exceptional charge conveniently excluded and property sales delayed, results won’t be “in line” at all. We wish companies would learn that they can’t simply reallocate costs in an effort to meet expectations, which have already been subjected to meaningful adjustment. Read more in our free daily update on the impact of the coronavirus on Hargreaves and other stocks we follow here: hxxps://www.investorschampion.com/channel/blog/coronavirus-impact-2-june-technology-remains-in-high-demand
investorschampion
02/6/2020
16:00
There is a very detailed note on the various provisions on this sort of stuff in the notes to the accounts. It is true they have lots of stuff that is difficult to get your head round ! The key fir me is that the dividend will increase to 20p declared in FY 21 although not paid until November 21. That will move the price I would think so I sitting right even though under water here. And of course Mills on the share register is always an added bonus
harrogate
02/6/2020
14:55
Interesting update today, but the implications are extremely complicated I feel. Although HSL are going to make the provisions (ie. take the relevant losses) mentioned in the update, and possibly others as a consequence of ceasing coal operations, in this year's accounts, the cash implications are much more difficult to define - if I was a shareholder I would want to ask some questions at the AGM to get a feel for the cash outcome. I would think that there has to be a cash outflow on reinstatement of opencast of the order of 6 - 7 million at least, which might be offset by plant sales to an unknown extent, over the next couple of years. Closure of the whole coal mining operation is likely to exacerbate this cost, unless Hargreaves find another mining operation to transfer men and machines to, ie. the normal incentive of a follow up job is missing. The other thing that may have an effect is the terms of any equipment leases, ie. early lease termination provisions. But this is all par for the course with Hargreaves and makes them a very difficult company to value with any confidence, imo.
muckshifter
15/5/2020
06:50
had a few top ups just over the 200 mark tiger
castleford tiger
19/3/2020
17:20
The Company is this month's Simon Thompson Alpha Report tip in the Investors Chronicle. Judging by the report, it looks like it was written before the market meltdown in February.
hiraniha
25/2/2020
12:08
I have closed my position at 290p. I've made about 2% over 5 years plus the dividend stream. So, not great. Could have better and for a long time was alot worse. The issue with this company is there are lots of opportunities but also lots of risks. 6 months ago I felt they were definitely on the up but lately I've begun to worry about the return on investment on the new carbon pulverisation plant in Germany and about steel being made from hydrogen as a power source meaning coal won't be requried in the long term, so the timing of a new pulverisation plant seems poor. Then there's the falling price of renewables. On the upside we need lots of houses. The MM were happy to take 13944 shares of me yeserday. I kept 1000 for some sort of sentimental reason but overnight I decided to get rid of these as well. It seems that 1000 was enough to collapse the bid. I guess I got lucky. I have no idea where the share price is going next so I'll find a better trade. Good luck to those still holding.
cc2014
03/2/2020
12:15
The trade pattern after the results continues the same as before with some decent sized lumps going through which I assume continue to come from one party. The challenge appears to be that if I look back over the RNS's there are a number of parties top slicing as the share price moves up. The buyer seems patient enough but presumably now happy to pay 323.2. I wonder how long it will be before they push the price up again? They don't seem in a hurry so maybe a couple of days.
cc2014
29/1/2020
09:17
Someone might even buy a share!
harrogate
29/1/2020
09:16
Hope so! Yes agree with your synopsis...
meijiman
29/1/2020
08:57
Finally a decent set of results with no new problems. The market seems confortable enough with them this morning. Looking forward to the trip back to 800p ;-)
cc2014
28/1/2020
12:51
Can't get over some of the disastrous decisions that have been made here. Chucking shareholder funds down the pan. Were they once near 800p?
meijiman
28/1/2020
12:26
Kind of agree. Well don't disagree. With money de-risking HSP would be a good place to put it, but for the last x years I've been used to HSP falling on bad days on FTSE so difficult to change my mindset. Another 100k gone through at 300p and bid up to 302p with MM running away on L2. Someone is definitely searching out volume for whatever reason. Which is rather nice as HSP has been a rather difficult trade for me. Still holding two thirds of my shares from the very bottom at 160p but regrettably the rest I paid just over 400p for. One day Rodders.
cc2014
27/1/2020
14:23
Not sure ....HSP seen as defensive and not linked to China or anything.
meijiman
27/1/2020
13:50
Hmm. If HSP share price is going up on a day when FTSE is down 170pts I'm minded to believe someone has a good idea what's in the results.
cc2014
23/1/2020
10:35
Some decent sized trades going through at 300p. No doubt matched by a MM for a commission. So, has the buyer now bought everything they wanted before the update next week or is the seller at 300p now exhausted? Or have both of them called it a draw for now and will return for more trades later? edit: 13:40. Another 150k trade gone through at 300p. If we are lucky we may get an RNS later.
cc2014
16/1/2020
09:17
bid 290p yesterday, 294p today. Feels like an algo is looking for volume and pushing up the price when unuccessful. Fingers crossed. It would be good to see the share price beginning with a 3
cc2014
10/1/2020
14:24
They have already said results will be in line with expectations. For me this is all about waiting for the 20p dividend to kick in as per earlier announcements. That surely will push this towards £4 at least regardless of any upside from consensus EPS.
harrogate
10/1/2020
11:51
Maybe I'm being optimistic but a few buyers coming in as we head towards the results at the end of the month suggesting to me that someone knows something.
cc2014
10/12/2019
12:09
yes looks a good fit tiger
castleford tiger
10/12/2019
11:50
Acquisition by HRMS today, which gobbles up a company with a turnover of 135m euro for 1 euro which loses a couple of million a year. Which is sizeable even with Hargreaves 49%/84% share depending on how you look at it. HRMS, is the Group’s only material associate investment. HRMS is a key supplier of specialist raw materials to major European customers in the steel, foundry, smelting, ferroalloy, sugar, limestone, insulation, refractory and ceramic industries. HRMS has worldwide expertise in raw material sourcing, port operations and logistics management. This combined with the Group’s expertise in production operations, material handling, storage operations and logistics, marketing and technical support, creates an ideal platform for HRMS to compete in the supply of bulk carbon products in Europe. The Group is entitled to 86% of the profits of HRMS, however the Group does not exert control over the business. The Group holds 49% of the voting rights, with the remainder being held by the HRMS management team and has one of the four Directors. The Group does not have the power to change these arrangements. A shareholder agreement is in place to provide the Group with safeguards designed to protect its investment; however, the key strategic decisions affecting the operation and its results are not taken by the Group. In the event of a dispute between the Group and the operation which could not be resolved, the operation would be subject to an orderly wind down. Whilst the voting rights demonstrate significant influence, the Group does not control the operation and therefore the Board treats the investment as an associate.
cc2014
06/12/2019
19:43
Pleased I loaded up when I did Tiger
castleford tiger
02/12/2019
15:32
Share price moved up a bit now and 300 holding for a good number of hours now.
cc2014
02/12/2019
09:59
Yes. Shame no one seems to care!
harrogate
02/12/2019
09:57
That's a bit of an unexpected surprise since I wasn't aware HSP had bought the minerals lease and properties at Hemerdon. Looks like they spent about £400k to generate £2.8m
cc2014
02/12/2019
07:22
That looks like excellent news. Decent outcome from the Wolf mess and good earnings potential going forward. Would think interim trading update tomorrow as well. My badly timed purchase is looking better and with that large dividend increase on the horizon we could make some progress here.
harrogate
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