Heiq Share Discussion Threads

[farrugia] 28/4/2023 10:05

i bought a few but its just as a punt - you know how these companies can bounce strongly after announcing a suspension. The initial shock is taken in stride as participants then digest the suspension... I've seen impressive bounces in the past. Particularly in the last day before suspension!!

remember HEIQ attracted a US$5 million Hugo Boss investment just in 14 February 2022

there were also buys by the CEO just in January
Chief Executive Officer of the Company, purchased 261,171 ordinary shares in the Company ("Ordinary Shares") at a price of 28 pence per share.




3,810,276 volume already

[farrugia] 28/4/2023 09:38

3,810,276 volume already

[farrugia] 28/4/2023 08:19

i bought a few but its just as a punt - you know how these companies can bounce strongly after announcing a suspension. The initial shock is taken in stride as participants then digest the suspension... I've seen impressive bounces in the past. Particularly in the last day before suspension!!

remember HEIQ attracted a US$5 million Hugo Boss investment just in 14 February 2022

there were also buys by the CEO just in January
Chief Executive Officer of the Company, purchased 261,171 ordinary shares in the Company ("Ordinary Shares") at a price of 28 pence per share.

[bad gateway] 27/4/2023 19:29

and we were taught Swiss timing was so great. Reads to me as if they don't see it as an issue just don't know if I'm confident enough for gains to jump in for some before the weekend.

[jammytass] 27/4/2023 17:16

ask and you will be in the know [phone]

[pugugly] 27/4/2023 17:05

Dr B. That theoretical portfolio is not doing too badly against the small cap and AIM indexes

[pugugly] 27/4/2023 17:03

So who picked up the 1.3M shares at 16p - Unlikely to be MM's - might be shorters closing or possibly management snapping up to try and protect themselves from vultures.

[pugugly] 27/4/2023 17:02

So who picked up the 1.3M shares at 16p - Unlikely to be MM's - might be shorters closing or possibly management snapping up to try and protect themselves from vultures or a believer who feels real value here at 16p - If so best of luck.

[jammytass] 27/4/2023 17:00

[e-mail]> thats the email to find out whats going on use it!!!

[dr biotech] 27/4/2023 16:59

I did cancel it for quite a lot of last year - for various reasons I restarted it. I have an theoretical portfolio where I buy £1000 of each of the main tips each month (and if its tipped again I buy another £1000) - its down about 2%. This lot aren't included I started it after it was tipped.

[pugugly] 27/4/2023 16:37

Another well known tip sheet's red hot tip bites the dust.

[pugugly] 27/4/2023 16:35

Well done Dr B - Are you cancelling your subscription to SW?

[dr biotech] 27/4/2023 16:30

Management credibility here is zero. I took a 25% hit at 110p, could have been worse.

[edwardt] 27/4/2023 16:30

never trust the swiss. been totally done here.

[toffeeman] 27/4/2023 16:24

Another Amati failure.

[kemche] 27/4/2023 16:22

Wow! Suspension for odd reasons.

Shavian, that post aged well.

[pugugly] 27/4/2023 16:16

Farrugia:> Company looks very leaky or some people have magic crystal balls or gyppy tummies. Will be very interesting to see the results when thy are published unless a vulture swoops first.

[farrugia] 27/4/2023 16:08

so someone knew that the suspension is coming?

[davemac3] 27/4/2023 16:01

that doesn't look good - suspension

[pugugly] 27/4/2023 11:45

Yet again another year breakout down - Looks as though an institution may be bailing out and possibly motivating PI's to cut their losses.

Management (imo) have been and maybe still are over confident in how quickly trade and consumers, in these reduced disposable income times, will be to adopted new and "improved" fabrics.

Personally cannot see any reason for the share price fall to reverse until the company can demonstrate that is becoming cash flow positive and/or has substantially stopped bleeding cash.

I believe there is some valuable IP within the company so it might soon appear on the radars of vulture funds looking for a low entry point. However how much further will the share price have to fall to trigger a bid or stake building.

Carlo's buys in January now well under water - Just goes to show insiders often no better judges on timing than outsiders.
Recent share price pressure might also be selling by Tarn-Pure recipients of the some "455,435 new ordinary shares of 30p each in the Company (the "Consideration Shares") to the vendors, issued at a price of 69.6p per share" to stop their losses as they are now at a significant discount compared to the "significant premium to then current share" at which they were issued. as part of the purchase price for Tarn.

If so this sends its own message.

[unluckyluke] 26/4/2023 08:55

Lots of 100k Volume selling Off Book the last days.
Is somebody selling em all?

[pugugly] 20/4/2023 18:04

Hedghog100: Last sentence> Sitting on the fence or possibly more painfully on your spines !! ??
However a good analysis:

I would also suggest from trade knowledge that it takes very much longer and much more investment in all types of marketing and promotion to get the Trade and Consumers aware of and enthusiastic about the benefits of new fibres and fibre additives.

Put it another way - Management appear to have thought they had developed a better type of mouse trap (which from their presentations they have) but it is not being adopted for a number of reasons as fast as they expected. A significant reason (imo) in above paragraph.

[hedgehog 100] 20/4/2023 17:04

How often are sell notes issued on c. £30M. cap. companies?

Sellers are probably just using their own judgement.

The 4th. January HEIQ RNS was an appalling profit warning, both in terms of the downgrade & the lateness. - Up to 70% less Q4 demand is shocking.

And the forecast retention seemed to be based on little other than blind hope; which is a warning to be sceptical of HEIQ's forecasts, & indeed those of others.

The HEIQ problems:-

• Retail spending has been hit hard in Q4 2022: this was when soaring energy prices really started to hit people.
- Much of HEIQ's income seems to be directly linked to retail sales.
- Its products go into premium products, which are more discretionary.

• Relatively recent China lockdowns hit sales.

• Customers previously increasing their inventory because of supply chain problems has hit demand as this 'unwinds', & must have artificially inflated demand previously.
- HEIQ doesn't supply end users.

• Partners reluctant to sign new deals in the negative environment.

• Cost inflation (although unstated) has probably also been a problem.

My HEIQ prognosis:-

• Potentially could have four bad quarters in 2023, v. just the one in 2022.

• Potentially could run out of money.

• Market won't believe the 2023 forecast until post year end trading update early 2024.

• Significant director buying could be motivated mainly by trying to help his existing large shareholding.

• Potentially could fall to as low as c. 10p (potentially a fundraising price) by about the turn of the year.

But it could then potentially be a good investment.