Hargreaves Services Share Discussion Threads

[sphere25] 09/7/2021 09:19

Talking of catalysts, last month SCSW did a brief write up on HSP and finished with "More next month...".

Could that suggest this will be a main tip in tomorrow's edition?

And if so...

Will it be an interesting write up?

And if so...

Could that cause buying volumes to spike to a level (HSP is clearly highly illiquid so it doesn't take much) that results in HSP breaking out?

All to be revealed soon.

All imo
DYOR

[red ninja] 07/7/2021 20:20

Downing Strategic Micro Cap I.T June factsheet comment :-

"Elsewhere, Hargreaves Services (-3.2%) reported a pre-close trading update which was in-line with previously upgraded earnings per share (EPS) guidance for this year from 20p to over 50p, and upgraded price target to 530p. We see scope for further catalysts over the next 12 months through the Services and Land divisions.


[...]

[red ninja] 19/6/2021 15:56

I see Hargreaves Land have a new recruit tasked with acquiring new development opportunities in Scotland, good to know they aim to acquire new development properties
:-

[harrogate] 15/6/2021 08:39

Certainly got here sooner than I thought but lots to hold on for. The speed and size of the upgrade for 21 caused by performance in JV must mean that it was from trading in a very short period at the end of the year. If similar conditions prevail over in Germany then there must be a chance of an early and sizeable upgrade to FY22. Also wonder if the 20p dividend could go up based on JV performance

[castleford tiger] 15/6/2021 08:06

So we are at 450 I can’t see much more till we see numbers then a settle at £5
Tiger

[solarno lopez] 11/6/2021 14:32

Thanks to Simon we see another meaningful rise

[castleford tiger] 07/6/2021 09:06

That’s the 300,s gone what a cheap top up that was last week on the 390 to 360 move down!
Crazy

[solarno lopez] 07/6/2021 08:22

A nice start to the day

[carcosa] 03/6/2021 17:00

Simon Thompson:



....Hargreaves’ earnings upgrade cycle has further to run and it’s reasonable to expect massive upgrades in due course.

In the circumstances, I am raising my target price to 450p. Buy.

[red ninja] 03/6/2021 12:57

Hargreaves listed for Sheffield City Region 'Property Deal of the Year' at this year's Sheffield City Region Property Dinner for their part in securing Ritchie Bros' on a 25-year headquarter deal at Maltby.

[red ninja] 03/6/2021 12:49

Gordan Banham CEO gives a quick overview of business and opportunities (came out 25/5/21) :-



Opportunities Like :-

- Tungsten West
- Westfield + Brockwell Energy in Fife

[castleford tiger] 02/6/2021 22:57

Baffling today’s move but a chance to buy

[solarno lopez] 01/6/2021 09:42

I do like a nice steady rise

[harrogate] 24/5/2021 07:23

The trigger for next move is perhaps when the 2022 number gets upgraded for the JV performance. New FY starts in a week so you would think the factors causing it will be around for at least H1 22? The JV makes the numbers very lumpy and inconsistent. I wonder if they will try to sell it at the top of the cycle here?

[castleford tiger] 23/5/2021 23:25

I think when Simon Thompson comments on the new eps forecasts you will not see the 300,s again. I think the shares will fetch over £5 this year
Tiger

[solarno lopez] 18/5/2021 15:39

I'm with you Tiger

[castleford tiger] 18/5/2021 15:38

good update but lots more to come

tiger

[castleford tiger] 10/5/2021 23:12

Cheers for that

[red ninja] 10/5/2021 11:09

Latest comment from Downing Strategic Micro IT:-

Hargreaves Services PLC (Hargreaves) (7.64% of net assets)
Cost: £3.65m. Value as at 28 February 2021, £3.25m

Background
Hargreaves Services is a diversified group delivering key projects and services to the industrial and property sectors. The Distribution and Services division aims to generate sustainable profitability through operations across the energy and infrastructure sectors in the UK, Europe and Asia. The Property and Land division aims to generate value through the development and/or disposal of the companies’ significant land bank which currently includes planning permission for 4,700 residential plots, and 4 million square feet of logistics and industrial space.

Update to the investment case

Lacklustre performance due to Covid-19 delays
Further developments at Blindwells site
FY results expected to be in line with board expectations
New board appointment
Sale of Speciality Coal to HRMS

Progress against investment case
Hargreaves was heavily impacted by the pandemic - delays around land disposals affected the Land business, and delays in HS2 deployment affected the Services business. However, this has set up 2021 for a bumper year and the news flow from the company has been promising. There have been two further land sales announced at Blindwells. The German joint venture is trading ahead of expectations and the Unity joint venture within the Land business also completed a major sale of a 79 acre plot which will generate revenue for the JV of £25 million.

[castleford tiger] 06/5/2021 16:54

Harrogate

interesting point.

It took me forever to get my stake which is just under 400k shares

Nobody disclosed a reduction yet!

Very odd

tiger

[harrogate] 06/5/2021 08:15

That is a decent slug. Wonder who they came from ?

[castleford tiger] 06/5/2021 08:10

Increased by 5%