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Share Name Share Symbol Market Type Share ISIN Share Description
Havelock Europa LSE:HVE London Ordinary Share GB0004149356 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2.30 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 53.2 -5.9 -17.8 - 1

Havelock Europa Share Discussion Threads

Showing 5976 to 6000 of 6625 messages
Chat Pages: Latest  241  240  239  238  237  236  235  234  233  232  231  230  Older
DateSubjectAuthorDiscuss
27/9/2017
10:53
It wouldn't surprise me at all if rumours about ending production next year were to materialise as if if you've ever seen the state of the factory ( leaking roof, no heating) and pigeon infestation as well as the state of machinery you would realise that this company needs more than just a strategy and planning to survive, it needs proper investment and vision.
biggerpicture
27/9/2017
09:58
Mcintoshmessiah. New identity set up today and 5526 is your only post. Why should anyone believe you?
ed 123
27/9/2017
09:53
Heard from reliable source that company may seek to end manufacturing production in 2018.
mcintoshmessiah
27/9/2017
09:23
Savvysurveyor. Couldn't agree more with that. Certainly a wealth of non contributing senior managers that need a cull !
vbesa
27/9/2017
08:46
Where has major shareholder and saviour gg gone?
clocktower
27/9/2017
08:26
Share price action signalling either end of road - new very dilutive fund raising or slow slow decline into oblivion - Wish I could read otherwise - only ray of light aparent slight lightening of pension millstone.
pugugly
27/9/2017
07:27
Still too many none contributors
savvysurveyor
27/9/2017
06:44
Debt level uncomfortably high but they seem to think that they can operate within the facility. I also feel a bit more optimistic, but it has been a long haul here and I dare not take anything for granted !
mesquida
27/9/2017
06:29
For once I'm feeling positive. New man looks good. Ritchie did the right thing. Next year looking good. Have we heard that before>
neverforget
26/9/2017
06:41
Administration is the perfect solution to get rid of the pension deficit. Should never have had a final salary. Another failing of management gone by.rose you say the new chairman needs to setep up. I say he has been involved with the company for a year already in either a non exec since end Jan or as a consultant from September last year. So far all I have heard is ridiculous statements about following the wealth. That is not a strategy that is a pipe dream. The first part of a strategy is understanding the where you currently are. Obviously a year ago he did a poor job of defining that the people were not good enough and this starts from top to bottom. Ritchie should go. So a year ago they were actually in a better position. Well executed strategy Mr chairman!
neverforget
25/9/2017
13:15
rose57: There is unfortunately another solution - It is called adminstration !! In view of the revenue it is a tempting BUY but bottom line is a disaster - Capital takes a long time to accumulate but can be lost in a few minutes - Very much on the side but watching.
pugugly
25/9/2017
13:10
It is clear that something radical will have to decided and this will have to happen now. If extensive losses are indicated, and this seems likely given the statements made, these losses will have to be funded somehow. This could be either a deep discounted rights issue , or a further issue of shares to the shareholder base at a substantial discount. Whatever the case, radical decisions are necesssary, and costs must be cut at all levels. Strong management is needed now and all non performing elements must be dealt with. The business has squandered too many opportunities to date, with sale of premises, and wasted costs re premises re location and costs not reduced sufficiently to meet current market realities. Losses appear to have become endemic, almost as though this is the new reality, and someone must be held responsible for this situation. The new chairman must now step up to the mark and make necessary changes for the good of all stakeholders. The business cannot go on like it has for the past number of years.
rose57
22/9/2017
08:45
Maybe AB is so sick of it that he has sold out
neverforget
21/9/2017
19:12
Page 14 says it all really hxxps://havelockeuropa.blob.core.windows.net/media-manager/12184?sv=2015-12-11&sr=b&sig=CizxI7K60WQtmC%2BdoUIofElCn6HOFVd1HncwNTzwKfo%3D&se=2017-09-22T19%3A09%3A38Z&;sp=r No chance
neverforget
20/9/2017
11:20
A week today hve will report how badly they have f'd things up. My bet on a discounted placing any thoughts
neverforget
16/9/2017
16:05
It's not that for me. The company could have announced its pipeline. There is a 101 things that it could do to have made something more positive from that car crash it didn't. Rather drop in share price and wouldn't be surprised to see a shareholder buying.
neverforget
16/9/2017
13:56
On the 7/09/17 Havelock make a major announcement and lose 40% of its share value. On the 11/09/17 Havelock announce a major hotel contract. To be completed in 2019. The time scale between these dates is 1 working day. Todate not one director or senior manager has been held accountable.
truthful tommy2
16/9/2017
13:13
Sat here today wondering if this share price bashing is just a way to take the company private on the cheap. Seems the latest hotel news is v positive yet we only hear sh1t. Lots of bashing. Never trust big shareholders they have only their interests at heart.
neverforget
13/9/2017
14:26
rose57, it happens all the time that old businesses get run into the ground. Probably from complacency when times were good, and people lacking acumen thought they were clever, when it just happened they were lucky. My favourite experience was that of a century+ old company that bought the assets of a competitor who had gone bust through over expansion, they then installed the transport manager from the bust company over the head of their existing transport manager. Arrogant young man who persuaded the old family firm directors that his computerised route planner would save time and mileage. This was a metal-bashing business that supplied many small engineers who only took deliveries between 08:00 and 16:00. The tried and tested method is to leave early to get to the furthest location for the first delivery at 08:00, and then work your way back delivering as you go. The new clever system was to have a circular route leaving the yard about 30 minutes before the first delivery. That results in a choked yard as several vehicles try to leave at once, and then straight into traffic jams as the business is based near the centre of large city. This led to about 30% of deliveries being brought back since the clients day ended before the trucks could get there. It was such an obvious failed experiment that you would think the management would see the mistake in a few days, but no they persisted for month after month losing many customers along the way. The only thing that saved their neck was the fact that they owned the large site freehold and debt free. There's no shortage of crass idiot managers, along with sycophants that encourage them.
lefrene
13/9/2017
14:00
The management of this Company appear totally incompetent and it is a complete disgrace that a 50+ year business is so very badly managed. The only hope is that the chairman , will live up to his reputation and take urgent and necessary decisions to stabilise the business.Otherwise , it will be the fastest wipe of his investment of £600k in memory and his professional business reputation in tatters. The seasonality of the business needs to be addressed , accuracy in planning and forecasting and costs forced below the revenue line. Non performing elements must be identified and dealt with immediatly. There are just so many good things with this business, and it is crying out for competent leadership.
rose57
13/9/2017
13:11
Thanks horridharry but no need to apologise - we all have to make our own investment decisions and I value your input on this board. Some of the risk here was apparent after the AGM statement, so I can't say I was totally surprised by the TU. However... - in the April Finals (less than 5 months ago) they reported improving margins and although a sluggish H1 was flagged they also said that prospects for the FY were "encouraging". - in the AGM statement (just 3 months ago today) they advised that, for the FY, lower public sector activity would be balanced by a better than expected demand elsewhere so that FY performance would be in line with "Board expectations". Not sure what happened over the summer or whether the Board was being open about its expectations but I feel misled by these commentaries if the FY outcome is suddenly going to be "considerably below" expectations.
gleach23
13/9/2017
09:58
I hope everything works out for HVE. I sold my shares ages ago but wish the company well.
capricious71
13/9/2017
08:32
That trading statement caught me completely by surprise I apologise. I was expecting a poor first half but this was all but expected to reverse in H2. Nothing more I can say.
horridharry
12/9/2017
10:37
So more good news that never seems to translate to good news in the numbers. hxxps://www.havelockeuropa.com/article/378/havelock-secures-prestige-hotel-and-spa-fit-out
neverforget
12/9/2017
08:01
So what this tells me is that this is more to do about people who have left and less to do about people who are still tgere. Good luck to those that are still tgere.
neverforget
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