Harworth Share Discussion Threads

[elsa7878] 07/5/2021 15:38

The SMP news must be aiding sentiment.

[sphere25] 23/3/2021 08:52

Thanks for the posts. If you're a specialist in the sector or company, clearly have more insight than us short termers who get diluted across so many different shares. There are always alot of lurkers on the boards too who pop up from time to time to provide good insight.

Noted more decent demand in the background here recently. Originally noted the 500k at 128.25p. There was also FTSE re-weight demand in the closing auction on Friday afternoon of 800k (highly anomalous for HWG) at 131p and yesterday buyers got the mop out and took blocks of 250k, 770k as well as some delayed prints of 321k and 327.

A break of 132p on the upside is what would be nice here. It keeps the bullish trend going to close the gap from pre-covid highs.

All imo
DYOR

[tiltonboy] 19/3/2021 13:25

1tx,

Spot on

They weren't shy in pushing their ESG credentials yesterday. A couple of decent buyers around, subsequent to the presentation.

[solarno lopez] 19/3/2021 12:39

Nicely put 1tx thank you

[1tx] 19/3/2021 12:32

Harworth is 65% owned by three shareholders.These being 25% by Nick Roditi & Family (London & Amsterdam Trust),he is billionaire former associate of George Soros;15% by Peel Group/John Whittaker and 25% by UK Coal Miners Pension Fund.Harworth is of course the old UK Coal/RJB Mining which was refinanced by Peel and then shareholders in association with its pension fund around 8 years ago & over the subsequent 2 or 3 years by 3 or so fundings and morphed into Coalfield Resources,then Harworth Estates to present Harworth Group.Peel sold down its investment largely due to problems in other parts of its property empire (particularly Intu) with Roditi directly and indirectly picking up shares over the last couple of years.I have been a shareholder for this time.The shares are very cheap in my opinion in fact they were at this price 5 years ago and today it is a much better company with a much more balanced portfolio.The problem I think is that most private investors are going for REITs which offer a higher yield as they are investing in existing properties rather than being a developer and open ended property funds are strapped for cash as they are facing redemptions so are not buying.If you are investing you may need to take a long term view.But I have made over 300% capital gain here over the period I have held,but next to nothing in income but over the years the income element will increase as the property portfolio is built up as development land is sold.

[lageraemia] 19/3/2021 11:12

I love boring.

I think 140p would be low balling yourself, unless you can find a better place for your money.

The new CEO is lobbing in cash in stages - £40k lots add up. She's cost averaging!

The company has an option to desmonstrate low gearing and stable financial and share price performance. It is raises dividends steadily then it will attract the attract of institutional buyers......need to get above the £500m threshold for extra effect.

[tiltonboy] 18/3/2021 16:11

Excellent presentation today, which may have provoked that buyer.

[sphere25] 18/3/2021 16:01

500k gone through at 128.25p - is that enough for another leg up or does it fall back abit here?

128p and 128.5p look well guarded at the moment preventing the break higher.

You want to get excited about the director buying here today but have to apply the same principles across the board and call them piddly with no real signal.

Still, at least HWG does go to show that some of the boring ones can be the best.

An exit at 140p or way too bullish?

All imo
DYOR

[lageraemia] 16/3/2021 08:53

Solid results.

Low debt, lots of cash, increased NAV 25% abouve share price and growing dividend.....despite covid.

[lageraemia] 10/3/2021 10:25

What's with the spread? big for a £400m company

[tiltonboy] 08/3/2021 20:45

Suddenly became well bid in the last hour of play.

It's a great story, but I would take 150p as we stand.

[solarno lopez] 08/3/2021 16:04

I'll go for a takeover or MBO

[lageraemia] 08/3/2021 15:59

Cheeky price action.....?takeover or MBO in the offing.

[investor73] 01/3/2021 07:43

Harworth Group is clearing the site to redevelop it with around 1,000 homes.

hxxps://www.shropshirestar.com/news/local-hubs/telford/ironbridge/2021/02/27/a-plume-of-smoke-and-its-gone-latest-demolition-at-power-station-goes-ahead/

[lageraemia] 24/2/2021 19:54

I think the newer assets yielding nicely too should also underpin the divident which should attract the other type of investor!

[investor73] 24/2/2021 16:31

Results due on 16th March. Land prices have risen during the last year due to the house price inflation. Tangible book value likely to have increased considerably from 143.8p last year.It should be well above 170p now. It was trading above it's book value befor the pendamic and hopefully it will do so again. I'm hoping for the share price to jump when they release the results in less tna three weeks time.
.

[investor73] 24/2/2021 14:01

Ironbridge Power Station demolition.


Harworth Group, which owns the site is clearing it ahead of proposals to redevelop it with around 1,000 homes.

hxxps://www.shropshirestar.com/news/local-hubs/telford/ironbridge/2021/02/19/latest-power-station-demolition-scheduled/

[investor73] 24/2/2021 13:42

Land and property regeneration company, Harworth Group, is developing the site to provide more than a million sq ft of modern commercial space, generating hundreds of jobs.

hxxps://www.thebusinessdesk.com/yorkshire/news/2070675-key-contract-win-to-help-build-127-acre-employment-development

[solarno lopez] 16/2/2021 15:55

Proposals have been submitted to Doncaster Council to deliver a major employment hub at Bradholme Farm in Thorne, Doncaster.

The outline application from Harworth Group, submitted in partnership with Paul Gilliat, aims to deliver 2.9 million sq ft of employment space at Bradholme Farm, a 257 acre site adjacent to Thorne.

The proposals intend to create up to 4,500 jobs and providing around £252m of GVA per annum.

[tiltonboy] 16/2/2021 15:45

Small SETS trades, and barmy closing auctions throw this one around.

[tiltonboy] 16/2/2021 15:43

hxxps://harworthgroup.com/2021/02/16/harworth-submits-planning-application-for-2-9-million-sq-ft-of-employment-space-in-doncaster/

[lageraemia] 16/2/2021 15:38

The price action suggests there's not much liquidity here....4% swings on thin air!

[thewheeliedealer] 03/2/2021 20:20

Hi everyone,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and part of our discussion includes HWG which I think looks interesting – especially from a Technical viewpoint.

As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. We included a bit on ‘Lockdown Fever’ which our Listeners seem to have particularly enjoyed (a bit surprising !!).

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 41) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Cheers, WD
@wheeliedealer