Havelock Europa Share Discussion Threads

[timnet] 23/9/2016 09:10

tt2,
Thanks but no thanks for your insightful comments.

[mesquida] 23/9/2016 08:22

W.H.Ireland published BUY recommendation yesterday, with 16 p price target.

[truthful tommy2] 23/9/2016 08:04

Revenue down, debt increase, pension deficit, ERP system not fully up and running.
But opening a new design office in London ?. The design office in Kirckaldy is not profitable and has not been for some years. Negative statement very poor.

[neverforget] 23/9/2016 05:47

Ne'er mind Hew. What about the execs? Where are they with erp? How much money invested? Where are benefits? Always negative with the statement. Compare & contrast with STY.

[timnet] 22/9/2016 16:09

Come on Hew, you know it makes sense..........just a small director's purchase would do.

[gleach23] 22/9/2016 08:36

we'll see timnet - share price has ticked up but it would be nice to see a trade!

[timnet] 22/9/2016 08:27

Nice work, gleach!

[gleach23] 22/9/2016 07:25

Well at first glance they seem to have made encouraging progress in mitigating the loss of the Lloyds contract

[gleach23] 21/9/2016 17:27

Half Year Report imminent

Yes a 50k buy prompted a curious flurry of trades - a modest one of which was mine for old times' sake, tempted in for a punt after watching for weeks. Probably end in tears :)

[timnet] 21/9/2016 16:38

Well, that was exciting! What's up, doc?

[diku] 01/9/2016 23:06

Relegated!...

[truthful tommy2] 01/9/2016 13:04

SW yesterday announced a new frame work agreement with a leading Banking Group.
Where is Havelocks announcement. What the hell is happening with Havelock.
At one time Havelock were one of the leading Banks high st fitout contractor.

[truthful tommy2] 23/8/2016 09:10

When SW Lloyds allocation was reduced the first thing SW did was to remove the director management level. When Havelock lost the account the first thing the director of the project department did. Was to restructure the department (re-name peoples job titles)
but consolidate her own position. All the other departments followed suite.
That is the problem as previous comments, a reward for failure.

[capricious71] 22/8/2016 22:09

I bailed out of HVE a while back but was invested in it so long I did feel some attachment. I always got the impression it's a hard working staff with low morale because of poor management.

STW seems to be thriving. I hope HVE can turn things around.

[truthful tommy2] 22/8/2016 10:50

Not Hew hes had his day. Havelock need new blood people with fresh ideas who understand the market, not afraid to make difficult decisions. Forward thinking.
At present you have a level of management director department, that only look after themselves,departments that work independent of each other. Due to remuneration system that pays massive bonuses to individuals. The complete structure in Havelock needs to change departments need to be interrogated and work together. This can be done with the correct KPI system being monitored and implemented.
The complete departmental director level needs to be removed, and replaced with new blood. Looking at other shop fitting companies in the same position as Havelock they removed this level of management some 18 months ago.
Havelock have survived when they had the Lloyds account it masked problems it had with schools, health care, hotels,Boots,not having the Lloyds accounts has become a problem.
Loosing as many major accounts as Havelock have is worrying to say the least, but keeping the directors who have been responsible for that loss is bordering on madness.

[diku] 22/8/2016 10:18

Ok I hear it loud & clear!...

[timnet] 22/8/2016 09:22

Hew's your man.

[neverforget] 21/8/2016 13:59

One day there will be something good to say but the company has to start delivering first. In the meantime stunned silence from our major shareholder. Also the quality of chairman will not be very high after all who wants to take over a company who has performed so badly?

[timnet] 19/8/2016 15:35

dkr/hj
and you know all this because.........
and you're trying to bring down HVE because.........

[diku] 19/8/2016 14:17

How does it affect HVE with bank branches closing...are they doing any work for Costa Coffee?...