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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
  0.00 0.0% 435.00 424.00 434.00 427.00 427.00 427.00 4,247 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 204.8 14.4 50.8 8.6 141

Hargreaves Services Share Discussion Threads

Showing 2426 to 2450 of 2450 messages
Chat Pages: 98  97  96  95  94  93  92  91  90  89  88  87  Older
DateSubjectAuthorDiscuss
29/11/2021
13:31
Dividend will be 20p at least in 2022 so not far off 5%.
harrogate
29/11/2021
13:21
Appreciate your views Tiger.(Dare I say you appear very "Tiggerish".) The land bank cannot be overlooked I agree. We seem to have support at this level but for me it comes down to my wariness over stocks that have risen so much in a short time. I've taken a small position in HILS and will keep an eye on HSP since the management appear competent and I like the business story. 5% dividend? It looks like more like <2% D
daisylove
29/11/2021
12:30
Daisy The current dip offer a very attractive entry point in my opinion. The share price here lagged behind for too long and then whoosh up it went. Land values could almost double nav. If there is any revaluation then it will shoot up again. Likewise the sale of the German division. With 5% divi and the land in the bank I think fair value is 600 in what we know. However DYOR as if it does not feel right leave it alone. Tiger
castleford tiger
28/11/2021
13:05
Yes I appreciate all that but my sense is that the growth in the share price has been too rapid and if I was to take advantage of the mini-crash now I'd be well underwater in the near term. I've been more inclined to go for PSN recently but just as well I hesitated on that too. PSN of course has a much more attractive dividend and I can't help thinking the recent growth in many stocks can't continue. It looks like HSP compared with PSN in terms of share price ups and downs until about 18 months ago but then HSP outgrew PSN more recently. The latest dip is tempting but whenever I've jumped on something that seems to have this sort of growth momentum it ends abruptly! We'll see won't we.
daisylove
27/11/2021
16:28
Don't forget the 20p dividend
harrogate
27/11/2021
16:05
Given that the last reported NAV was £4.47, but assuming that does not account for 16.5p dividend, that leaves a NAV per shar £4.305. Note, that the land holdings are largely valued at aquisition cost and thus the real NAV may be somewhat higher. Thus, on that basis the shares do not seem at all expensive. Also the company will this year get £1 million from the tungsten mine which was not in broker projections. The landshifting business will be busy with HS2, the pulverisation plant in Gernmany is expanding and there are expected to be more land sales. Thing generally seem to be going well. You have not provided any reasion why you think your price target is deserved or is that just what you hope to pay ?
red ninja
27/11/2021
15:30
Reviewing a number of stocks - I think to would be daft to buy much above 325p and that's despite the relatively low P/E. That's out of step with recent share price trend but I think the rises in the last year or so are all part of the stock market being overheated.
daisylove
16/11/2021
08:15
Indeed, looking very well placed to challenge the summer highs again
the big fella
15/11/2021
22:22
@Harrogate very true . I suspect a return of cash for starters but who knows. Massive potential in HSP. Great week so far
castleford tiger
13/11/2021
08:25
It will be interesting to see what this means when/if it happens as the German JV has a massive impact on the EPS and the dividend currently. We know this is cyclical but still they need to get a large chunk of change for it. Then the question is what do they do with that ? Interesting times
harrogate
12/11/2021
18:41
I think Germany is as good as sold tiger
castleford tiger
11/11/2021
21:06
Good job there, Tiger. I'm holding from around 220p, but havent added since despite your persuasive pitch on Mello.
gargoyle2
11/11/2021
19:47
Maybe someone followed my suggestion on Mello
castleford tiger
08/11/2021
17:18
The Company is being analysed in the live private investor event held by Mello on Monday 8 November 2021 starting at 6pm via Zoom. If you would like to attend the Monday Webinar as a shareholder, you can register here Https://melloevents.com/mellomonday-8th-november/ using code SHVIP for 75% off tickets. Programme for the evening 6:00 pm Mello Welcome and News 6.05 pm Company presentation by Sosandar 6.45 pm Book reviews with Paul Smiddy and Roger Lawson 6.55 pm Company presentation by Sulnox 7.25 pm David Stredder interviews Chris Boxall from Investors Champion and Fundamental Asset Management 7.55 pm Company presentation by The Property Franchise Group 8.25 pm David interviews best selling author Hilary Robinson (esteemed wife to Castleford Tiger) 8.40 pm Mello BASH with Chris Boxall, Kevin Taylor and Andrew Robinson
davidosh
01/11/2021
09:45
Downing Strategic Micro Cap half year report comment :- "Hargreaves Services Plc provided an unrealised gain of £2.3m during the period, resulting in a substantial holding (11.7% of NAV at the half-year date). There were no additions or disposals in the period. We remain confident in this position and are supportive of management in their strategic direction of the company, understanding that, due to commodity prices, 2021 may have provided some windfall profits." Further down in report :- "Hargreaves Services PLC (Hargreaves) (11.70% of net assets) Cost: £3.65m. Value as at 31 August 2021, £5.64m Background Hargreaves 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 includes planning for residential, logistics and industrial space. Update to the investment case Profit before tax improved materially, including from JVs Benefitted from strong commodity prices Sales of first plots at Blindwells delivered Bank debt eliminated and group refinanced, with a strong net cash position Progress against investment case Hargreaves has recently enjoyed a highly profitable period of trading, with its German JV, Hargreaves Raw Materials Services GmBH (HRMS), driving significant EPS upgrades throughout the year to date. Profitability has been driven by very strong commodity prices, which has resulted in higher trading volumes and better margins, contributing to the current strength in this business. Hargreaves’ shareholders currently realise value in HRMS through distributions from this JV, which are then passed on by the group as dividends, most recently totalling £3.9 million for the 31 May 2021 year end. This is in addition to the group’s more regular dividends, arising from cash generation. Adding in the Services and Land value, we still believe that the intrinsic value sits comfortably above the current share price and there is considerable scope to generate shareholder value, through numerous catalysts." HTtps://www.investegate.co.uk/downing-strategic-micro-cap-in--dsm-/gnw/dsm--half-yearly-financial-report/20211101070000H5442/
red ninja
28/10/2021
08:12
Yes given what's going on and the recent Tungsten West news I think we should be a little higher. A land sale would help
harrogate
27/10/2021
16:47
looking over sold again
castleford tiger
27/10/2021
06:26
.... With its trading activities given it was said that they have a 6 month forward look. Maybe that will come at the December update. I assume trading will be good given commodity prices but that whole area confuses me so there may be other things to think about
harrogate
27/10/2021
06:24
Hard to complain about that update. I suppose I was hoping to hear how the German JV was doing
harrogate
27/10/2021
06:07
Trading statement out this morning: " Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, will hold its Annual General Meeting ("AGM") later this morning. Ahead of the meeting, the Group's Chairman, Roger McDowell, has issued the following statement: "I am pleased to announce that all three sectors of the Group, Services, Hargreaves Land and our German Joint Venture, Hargreaves Raw Material Services GmbH, are trading in line with the Board's expectations. The streamlined strategy outlined at the year-end, is progressing well. The recent admission of Tungsten West plc to AIM provides an exciting opportunity for growth for the Services business unit. The Board remains confident of delivering results for the full year in line with market expectations." The Board expects to provide a trading update in early December 2021 prior to the announcement of the Group's interim results for the six months ending 30 November 2021 on Wednesday 26 January 2022. "
capitalist
21/10/2021
09:07
A new thread for TUN after the IPO since Hargreaves stand to gain from Tungsten West Https://uk.advfn.com/cmn/fbb/thread.php3?id=49195645
zero the hero
21/10/2021
07:38
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
13:24
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
harrogate
19/10/2021
11:37
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.
1tx
19/10/2021
09:59
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
peter oconnor
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