Hargreaves Services Share Discussion Threads

[zero the hero] 21/10/2021 10:07

A new thread for TUN after the IPO since Hargreaves stand to gain from Tungsten West

[harrogate] 21/10/2021 08:38

Great stuff on TW. Upgrades out this morning to reflect this. The good news continues here and I would assume a TU at the AGM next week.

[harrogate] 19/10/2021 14:24

Any work from the NE section would have been in the second half of this decade. The work in the lower section goes ahead and is included in the numbers. Would think likely that they will pick up work on the NW section in due course. Price got ahead of itself and then got too cheap. The drivers here could be further TU due to H2 profits from Germany or confirmation of Tungsten West IPO this week which should increase profits over the next few years

[1tx] 19/10/2021 12:37

I would not have thought that Blackwells constitutes more than at best a modest part of Hargreaves present valuation or that much is priced in with regard to its future potential.With the benefit of hindsight I perhaps should have sold a rather larger propotion of my holding,which I have held for 5 years or so, over recent months but I think prospects remain good.

[peter oconnor] 19/10/2021 10:59

And there go's HS2 from Manchester to Leeds.
Massive earthworks in Blackwells back yard now gone.
Was the 50% dip in share price just before the cancellation insider knowledge

[castleford tiger] 18/10/2021 09:19

Big fella
It was for sure.
Huge error in the market

[the big fella] 15/10/2021 14:40

Looks like my timing was spot on for once.

[castleford tiger] 15/10/2021 14:32

At 400 it’s crazy

[the big fella] 14/10/2021 16:17

Hopefully we have found a support level. I would say that as I have been a buyer c£4

[peter oconnor] 13/10/2021 11:30

Down and down it go's
Where is the bottom ? nobody knows

[peter oconnor] 13/10/2021 11:28

Down and down it go's
Where is the bottom ? nobody knows

[raggedtp] 11/10/2021 18:36

On the other hand, it is now official:
"Tungsten West Plc said the intention to proceed with an initial public offering (IPO) would net the firm £39m before expenses. And it said it already has raised £36m from investors which means it is expecting to have enough cash to fully start production at the mine on the edge of Plymouth."

So that's another £1m a year for 8 years to the bottom line for HSP which is in not in brokers' forecasts. Plus a significant mining contract.

[peter oconnor] 11/10/2021 18:03

Here comes the threes ££

[raggedtp] 08/10/2021 16:04

Couldn't take it anymore! Have bought a few more @ 424, as I have confirmed my £6 target for 12 months. Mustn't be greedy, 40% + nearly 5% div is enough!

[gfrae] 06/10/2021 20:26

Thanks, riverman.

[raggedtp] 06/10/2021 17:42

Bother. Too busy with family today to buy early on. Market makers, please let it drift down again for a few days. Has the dip been to do with Richard Griffiths re-arranging his holdings?

[castleford tiger] 06/10/2021 17:25

CLOSE AT 430 . Has found support?

[the big fella] 06/10/2021 17:02

Yup thats the theory.

[robsy2] 06/10/2021 15:25

I’m with Tiger. Bought some more this morning.real assets, good yield ,great asset backing= shelter from the storm.

[riverman77] 06/10/2021 15:07

The German division is a supplier of coke & coal and coal dust amongst other materials, so must be benefitting from higher coal prices.

[gfrae] 06/10/2021 14:54

Can someone tell me ..does HSP have any coal interests left, ie would it be a beneficiary of higher coal prices. ?

[red ninja] 06/10/2021 13:42

Added a few more at £4, ok a lot higher price than my initial buys (average at £2.09) of HSP, but property holdings should underpin HSP and they are continuing to buy land sites.

Earth works looking good with HS2.

German holdings HRMS should make progress with coal pulverisation plant.

[castleford tiger] 06/10/2021 13:01

5% yield and backed by real assets.

I am happy to buy at this level

Tiger

[peter oconnor] 06/10/2021 12:32

Down and down it goes where is the bottom ?
Nobody knows

[castleford tiger] 06/10/2021 11:16

had a few more at 398 again

tiger