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Havelock Europa Share Discussion Threads
Showing 5801 to 5824 of 5825 messages
|I would imagine that many of these redundancies are highly skilled workers. sad|
|33 cost saving redundancies due to not securing enough new type orders.
Not enough retail jobs making the correct margins.
If the board were serious in cost savings they would get rid of the over paid incompetent higher management that keep changing job titles.
At the rate Havelock keep getting rid of staff they will shortly be operating out of Ritchies garden shed. Never mind the factory.|
|Did they not move into HAVELOCK HOUSE as it offered cost saving synergies due to it's location.|
|Yes, I think I made the same point on this board last year, why burn the cash on their ivory tower!! :)|
|So 750k wasted|
|The move to Havelock House was cost neutral according to the statement at the time. They received £750K for the Dalgety Bay site, so that would be the cost of the move.|
|Can somebody say how much mony was wasted fitting out Havelock House?? This was another costly vanity project by the previous management. The new team seem now to be fully focused on cost at last.|
|Neverforget they are picking up a lot of the AMS work and from the word on the floor retail is doing very nicely. Also yes they will be moving out of Havelock House. This board seem to have a clear focus on costs.|
|max of 7.5k @ 13.95p is what I'm currently offered too
so it seems we've hardly had seen a rush of trades following the investor presentations but stock is in short supply. hopefully it's therefore a matter of sitting and waiting patiently for some buy orders to be filled at higher prices
given there were 2 private buyers recently accumulating, if the presentations were well received then institutional demand on top of that could see things get very exciting here|
|gleach - just for info. I tried Barc's Quote and Deal just now, maybe a bit early. I could get max 7k @ 13.95p, but not more on Q & D. However, i guess a limit order at the same price for 10-15k would go through.
Even so, I was a bit surprised with the low availability on Q &D....my buy the other days was for 15k which went through at the first request.
Incidentally, I really rate Barc's and have been with them abt 15yrs and more.
Am away for much of today, but may inquire again next week. For whatever reason stock must be in short supply at the moment, although L2 shows 4 x 10k lots, each side with best ask 14p and hightest 15p.
|I guess us mere mortals will need to wait until the strategy review towards the end of the year to know what the company is planning. lets hope it will be better than the last 6 years worths of strategy coz that's been an abject failure.|
|ok thanks - I don't use level 2 and I use a cheap online broker (a j bell) so might not always have access to the depth in the order book that other brokers might offer. Nonetheless I frequently use online dummy trades and the process has served me well. I have monitored HVE quite closely in this way over the last 6 months.
I was able to buy 20k shortly after the post above and after which a 40k sell trade went through. However I take apparent shortage of stock available on the Offer as a strong signal, even if it was temporary.|
|gleach, Level 2 regularly has 4mm's showing 10k shrs on each side of the bid/ask.
Barclays could offer me almost 20k on their "quote and deal" facility, at the first request.... total deal cost £5.95.
It's now a bit too late to get a decent quote - I'll check agian tomorrow as what B's quote best.
|Looks like a good move fillipe - only 1000 shares currently available to me online @14p|
|cook yes that is what in have heard and was alluding to.|
|Took a few here at slightly sub-13p today.
HVE used to be a popular share for IC coverage and seeing as they appear to be in mild recovery mode I'm guessing one or other of the end-of-week shares mags just might pick up on them, hopefully with a positive view.
A long trek for HVE as I'm reminded we've now been in this low priced trough for seven years and as yet I haven't spotted any recent broker tp's, or suchlike.
|Mentioned on the BBC and scotsman yesterday:
|Heard they were moving all staff in to the Factory Building. Any truth in this?|
|Sty shows the market is there. There will be some winners and some losers. Let's hope Hve will be on the winners side|
|Interesting day by all accounts. lots of retail work coming in and I didn't know but apparently a building society is now a customer. also I don't believe the cost cutting is finished. New broker forecasts for 2017 from whireland coming out|
|Only 15k shares currently available online ahead of the investor meetings.
Bid firming too.|
|value king, The £300k loan is at 6% which is a very good return these days on any unsecured business loan when you are the chairman of the company imo.
The pension issue will have an effect on the next full set of figures and is a big issue, as are falling sales, due to the effects on cash flow.
If they raise more cash will they be able to do so at 8/10p and how much dilution will that cause?|
|Thanks neverforget no harm done.
I wish it all works out for shareholders. It would be nice to see it improve all round and also for the staff who work there.|
|reaalyrich. I apologise. debt is up.
these results were never really about 2016 for me. they are more about 2017. nothing inn there puts me off. pension deficit nothing can be done about so not really worth management attention. government yields are government yields.
more interesting is the fact that the chairman is willing to put in 300g unsecured loan.
also notice the reference to placing or rights issue. maybe that is why there is as said here before management presentations to insti investors in the next few days.
is it finally a recovery from here? the next 6 months will tell.|