||ORD EUR0.10 (DI)
||EPS - Basic
||Market Cap (m)
Helesi Share Discussion Threads
Showing 176 to 199 of 200 messages
|TOP Traders Thread !!!! - CR
andrbea - 05 Mar 2012 - 10:16:31 - 73208 of 74106
snt - ids tops :-)
watch hls too|
|No RNS today for the rise yesterday. Wonder what will happen?|
|One scenario which became more likely today is that Greece drops out of the Euro and Helesi's debt ( and costs) are converted to the new Greek currency which rapidly devalues. Much of their revenue is in Euros from other part of Europe.|
|NET Debt over £63 million Euros... Can someone explain How can this survive??|
|Here's the company's corporate video from YouTube:
|This was priced to fail. The results are sound; I think we are on to a winner; it will take time and nerve but the price is incredibly low at a market cap of less than £3m.
|Where are the results?|
|would be a sad end for what should have been a solid defensive share but was way too highly geared and tied to greece.|
|This could get suspended.|
|Yes so where are the results?...|
|So where are the results?|
|Results must be this week; am expecting some good numbers
|Results could be this week. The update says: "The Company will report preliminary results in early April 2011."
|RNS Number : 6976A
4 February 2011
Helesi (AIM: HLS), the Greece, Italy and Cyprus based waste management products manufacturer and services supplier, announces a trading update for the financial year ended 31 December 2011.
Helesi's operating and financial performance in the second half of 2010 has been in line with guidance provided in its interim results to 30 June 2010, announced on 29 September 2010.
The Company expects to report revenue for 2010 of approximately EUR 50.5 million (2009: EUR 73.9 million) and an EBITDA of approximately EUR 4.0 million (2009: EUR 12.7 million). Revenue will be lower than in 2009 due to reduced activity in the market place and the implementation of fundamental reforms to local municipalities and communities.
The second half of 2010 has continued to be challenging, although we are seeing an improvement in the political situation in Greece.. The principal focus of the Company continues to be on generating cash to reduce its level of indebtedness. As anticipated, this level began to fall in the second half of the year. In particular, EUR 8.1 million was received in government grants, leaving EUR 1.7 million outstanding. As a result, net debt stood at approximately EUR 63 million as at 31 December 2010, down from EUR 73.9 million six months earlier.
The Company will report preliminary results in early April 2011.
For further information please visit www.helesi.com or contact:
Helesi PLC + 30 22990 82700
Sakis Andrianopoulos, Chief Executive,
Ioannis Tolias, Finance Director firstname.lastname@example.org
Panmure Gordon +44 (0) 20 7459 3600
Tavistock Communications + 44 (0) 20 7920 3150
Simon Hudson email@example.com
Lydia Eades firstname.lastname@example.org
Helesi is a specialist designer and manufacturer of plastic products mainly for use in the waste management industry and a provider of waste management services. Its activities comprise:
-- the design and manufacture of plastic waste containers including 2 and 4 wheeled bins, pre-sorting bins and the full range of EN 840 standard containers;
-- the provision of waste management services (waste collection, container washing, street sweeping and recyclable materials collection).
-- the design and manufacture of material handling plastic products (pallet boxes and crates) for agricultural, domestic and industrial use and other injection-moulding plastic products such as fish crates, and stadium seats;
-- the supply of special vehicles and equipment for the waste management industry; and
-- the recycling of used tyres.
Demand for Helesi's products and services in developed waste management markets is driven by increasingly stringent regulation on waste management and recycling. Growing demand is also being experienced in developing countries, which are looking to establish centralised and orderly waste management services. Helesi has developed a strong market position in both the developed waste management markets of Western Europe as well as in the high growth markets of South-eastern Europe, the Mediterranean and the Middle East. With sales in 52 countries, the Company derives more than 70% of its waste container sales internationally.|
|Very glad to see the progress here, I have believed in Helesi for a long time and still think that it is undervalued. The reduction in debt will be accompanied shortly by a good set of final results.
|In particular, EUR 8.1 million was received in government grants, leaving EUR 1.7 million outstanding. As a result, net debt stood at approximately EUR 63 million as at 31 December 2010, down from EUR 73.9 million six months earlier.
Doesn't sound too clever. Are they only expecting another EUR1.7m? Somebody here said they were expecting 50 million.|
So we had to wait a couple of days but the stock has now clearly run out. This will probably now go up well over 20p where it should always have been|
|Fair enough, but why don't you address the points tiredoldbroker raised, that's why the share price is where it is right now? Or do we just ignore it?|
|Actually I've been posting here since 23rd Dec and have been watching for a while longer, I do think the prices are crazy and yes I was buying when the prices went right down and long before the minima and will continue to add. I think you'll find that Helesi has a bright future.
When the post a 10:30 undermined confidence and significantly reduced the share price I did take the opportunity to top up that's what this game is all about.
By the way the other guy Solardave has been here longer than me, he's also not a p&d merchant.|
|I agree, these people that say "i topped up at these crazy prices", I think they're trying to convince themselves more than they are of others that they made a good purchase. LOL!
The share price is back to same level it was four months ago. Why not buy when the price fell to 6p rather then buy now at 16p? Crazy prices indeed.|
|No deramp on my part, I just feel that when someone (perhaps accidentally) implies that long-outstanding trade receivables make the current share price look a snip, without mentioning trade creditors, tax due and bank debt, it can read like a total unprincipled ramp attempt.|
So did I, sub 16p again, total madness. LoL|
|Tired old broker, brilliant deramp, I just topped up. LoL
|Transforma, but what about the 100.1m Euros of trade payables, tax due and debt which the company is carrying - if they can collect the 'trade receivables', the money goes first to paying off those bills, in fact would only cover half those amounts - no point in ignoring this fact.|