Harworth Share Discussion Threads

[george stobbart] 09/11/2021 07:27

Sold Kellingley at 74% premium to NAV.

These murky land sites stitting on the balance sheet at nominal value have significant development / resale value.

HWG is very conservatively priced by the market and a sitting duck waiting for takeover bid by private equity

[solarno lopez] 09/11/2021 07:09

A deal of some merit to say the least

[sam 4224] 09/10/2021 09:07

Have high hopes for Harworth, Have increased holding. Things go very well for it with plans to double size of company

[pillion] 08/10/2021 17:40

...going well....

[shauney2] 27/9/2021 09:00

A precise herehtTps://www.sharecast.com/news/tips-round-up-premium/sunday-share-tips-supreme-harworth--8123636.html

[sam 4224] 26/9/2021 15:08

Recommended in the Sunday Times apparently. Would greatly appreciate if someone could post the article.

[finkie] 24/9/2021 08:20

Big site consent as some have already pointed out, 1000+ resi plots taking land bank to over 10,000 plots, must be an attractive addition for a house builder who wants a land bank but the industrial wouldn’t be of interest so probably needs a JV acquisition approach perhaps…or a blackstone as per st modwen

[finkie] 21/9/2021 15:34

Hwg finally getting to its correct level helped by beds and sheds which thankfully is all it owns. IC tout 200p as takeover price I think acquirer will have to pay a little more personally 230/240p is my stab in the dark but well placed and rising on some down days too which is always nice

[tiltonboy] 17/9/2021 16:13

Great rise on good volume

[sam 4224] 17/9/2021 10:17

Very strong buy recommendation in Investors Chronicle. £2 plus. I think that is VERY conservative

[sam 4224] 17/9/2021 10:03

I personally think we are onto a winner here. Also purchased more

[george stobart] 17/9/2021 09:24

more shares bought yesterday by management @163p

[george stobart] 15/9/2021 17:30

Chair & CFO purchased shares today @161-162 at the market

[shauney2] 15/9/2021 17:17

Peel Hunt: Harworth in 'rude health'New target 190phttPs://citywire.co.uk/funds-insider/news/expert-view-jd-sports-ocado-ashtead-cmc-markets-and-harworth/a1554130#i=6

[george stobart] 15/9/2021 13:46

Harworth lists 5 competitors in their remuneration report: St Modwen, Henry Boot, Urban & Civic, U + I, Inland Homes

2 of them have been acquired during the last 12 months:

St Modwen has been acquired by Blackstone
Urban & Civic has been acquired by Wellcome Trust

It's time for HWG mgmt to announce a strategic review of the company including a possible sale.

Or even merging with Henry Boot given that Roditi has been building positions in both

[sam 4224] 15/9/2021 13:37

Staggered that this did not go up after such good results

[williamcooper104] 15/9/2021 13:02

Other way round - can we trust U.K. shareholders to fund the realisation of the intrinsic value of the assets That's why St Modwen went

[3cassyn] 15/9/2021 12:00

Does that mean that we don't trust the management to realise the intrinsic value of the assets?

[solarno lopez] 14/9/2021 08:43

Time someone made an offer for the company

[george stobart] 13/9/2021 09:34

Decent results by Henry Boot this morning. positive ahead of HWG results tomorrow

[george stobart] 10/9/2021 15:27

Results on Tue 14 Sep, what's in store? They flagged already strength within the logistics markets. BOOT reports on Mon 13 Sep so we will have a clue on logistics land development outlook from Monday

[williamcooper104] 09/8/2021 22:36

Yep; one to watch on the open tomorrow General down day for REITs but this plunge still stands out