Havelock Europa Share Discussion Threads

[neverforget] 14/4/2016 17:18

nothing about anything. no strategy. no forecasts.

[valhamos] 14/4/2016 14:59

Nothing on delisting which was good.

[capricious71] 14/4/2016 10:32

8% up today. You need nearly infinite patience with HVE, though.

[neverforget] 14/4/2016 09:35

sty statement
"Our order book remains robust and provides the Board with confidence in the Group's ability to deliver double digit growth in the forthcoming year, in line with management expectations."

no comparison. this company delivers sfa everytime. deferring their salaries how about resigning for wasting millions on people that you hired then fired.
#boarddonthaveaclue

[neverforget] 14/4/2016 09:01

if you think that bodes well and see what has happened in the past
£92.46m
£89.6m
£83.4m
£70.3m
that's there turnover btw.
#wepaidanumpty388g

[18bt] 14/4/2016 08:51

Order book strengthening bodes well.

[neverforget] 14/4/2016 08:39

how underwhelming!
better than expected pbt -0.8m forecast -0.9m that is called rounding they pbt was -0.840 another 10g and they would have had to round it up instead of down!
cash position improving?
lets look at it.
last year it was £0.2m this year £1.1m bravo
errr maybe not - they sold their last remaining asset for £1.3m so actual cash outflow was £0.4m. this is great because they have no more asserts to sell!
#underwhelmed

[clocktower] 14/4/2016 07:54

Better than expected and a good cash position.

[jbarker5555] 13/4/2016 21:02

Never - I can barely contain myself! ;)

[neverforget] 13/4/2016 19:54

The excitement is too much to bear. Anyone want some jam tomorrow. Lol

[neverforget] 11/4/2016 16:57

didn't know when results were due but see now they are pencilled in for Thursday. so lets see how much they lost and what the exceptional costs will be. also interesting to see the outlook with styles reporting a big uplift I wonder if Havelock will come back with how challenging the market is. seems only to be challenging over a small section in fife rotflmao

[jbarker5555] 06/4/2016 22:27

Andrew - Why sell now? Why not strip the listing costs, run it lean for a year or two then sell with a cleaner P&L? :)

[mesquida] 06/4/2016 15:53

Greengiant - could sty be persuaded to make a hostile bid for hve ? Clearly many of us would now be happy to entertain such an approach, particularly if there was an equity element so as to enable us to share in the potential upside that might materialise once management is strengthened.

[greengiant] 06/4/2016 11:31

Or you sell the company. That way better factory utilisation (more margin) and lower cost base. I am open to both options, simple fact is that the Board failed, the Execs that were in place have now all but gone to be replaced with better management but not the NED's who have been equally guilty.

The question is do you believe in a brighter future as a stand alone or do you just sell it?

Andrew

[gargoyle2] 06/4/2016 11:06

Once the NEDs get fired and/or we delist, we won't need STY. The 'working' directors can just get on with the job then. Can't be far away, surely...?

[clocktower] 06/4/2016 10:50

gg. If you want to look at a company that thinks big take a look at CRU.

[greengiant] 06/4/2016 10:37

I would imagine that it is partly to do with the superb results from Style & Wood. Now imagine what would have happened if the BoD's had taken the meeting that I initiated to progress a possible merger between the 2 companies :-)

A case of management thinking small.

Andrew

[gargoyle2] 06/4/2016 10:25

Bit of buying interest recently, and the price hitting a 6 month high pretty much. News on the way..?

[neverforget] 06/4/2016 07:46

Difference between a good management team with a coherent strategy

and one that flip flops around
hxxp://www.havelockeuropa.com/about-us/board-of-directors/
not forgetting this muppe

[neverforget] 29/3/2016 17:25

wow 18,5g shares traded a whole £2g. That makes the listing worthwhile doesn't it!

[horridharry] 24/3/2016 22:30

It has been a while so here goes. The company's ERP system was delayed significantly but is just about ready. 6 months late but par for the course. The company is busy working on a significant number of Capital projects but already this year we are seeing drift. Retail is dying a slow death here. M&S now barely a customer and Boots, well that is the same. The company doesn't seem to have any focus. The outlook statement will be interesting. Results potentially delayed. That's all to report.

[neverforget] 23/3/2016 11:17

No shares being traded in this PoS so what point in being listed?