Helphire Grp. Share Discussion Threads

[vikingwarrier] 09/1/2014 12:21

This seems to be building steam and will suddenly release pressure up to 8p in the very short term.

[hikmetyzb] 09/1/2014 12:17

only if I hold it until feb :) Bought it last week, no profit as of yet...

[bc4] 09/1/2014 10:19

Well you will still get Febs divi and any autofocus payout as a special divi

[hikmetyzb] 09/1/2014 10:15

who is that though??? 2 days ago someone bought 25M shares in 2 min. Yesterday was quite and today someone (?) started to buy big chunks again...

I am expecting an RNS about it shortly...

[hikmetyzb] 09/1/2014 10:12

yah I bought it after 13 Dec, cant get any div. Thanks though...

[bc4] 09/1/2014 10:07

Someone picking up large blocks again!

[bc4] 09/1/2014 09:39

Hope this helps Helphire Group plc

("Helphire" or "the Group")

Accelerated Payment of Second Interim Dividend

In connection with the Group's proposed fundraising, which was announced today,
the Group has decided to accelerate the payment of the second interim dividend
for the current year so that it is paid by reference to the pre-placing
shareholder register.

On 27 November 2013, Helphire indicated its intention to announce a second
interim dividend for the current year with the publication of its results for
the six months ending 31 December 2013 and that the Board expected the second
interim dividend to be 0.171 pence per ordinary share (approximately GBP2.7
million in aggregate).

The Board confirms that the second interim dividend will be 0.171 pence per
ordinary share and that it will now be brought forward so that it is paid on 10
January 2014 to those shareholders on the register at the close of business on
13 December 2013.

In addition, in the absence of unforeseen circumstances, the Board intends to
announce a third interim dividend for the current year in late February 2014
when releasing its results for the six months ending 31 December 2013. Any
third interim dividend will be payable march 2014

[hikmetyzb] 09/1/2014 09:33

@bici4: it is not for all holders is it? I bought it after the divi payday anouncement, dont think I can get any..

[bc4] 09/1/2014 09:27

Divi payday tomoz for all holders that is .445p paid since July with more to be announced in Febs results if you have held since then your divi yield is over 15% alone, autofocus news is getting that bit nearer, plus the 60 mil war chest news soon!

[willie33] 09/1/2014 09:10

The prices may have softened but you still have to pay hard cash. lol

[risk1] 09/1/2014 08:49

Thanks global

[steveglobal4] 09/1/2014 08:45

used vehicles prices have softened.

[derektrade33] 08/1/2014 10:30

Smoke and Mirrors SP

[protean] 08/1/2014 10:24

No probs. It's just a shortened version of the one goliard was referring to.

[bc4] 08/1/2014 10:18

PROTEAN cheers for the link very interesting

[hikmetyzb] 08/1/2014 09:47

SP stopped making sense again!!!

2 mornings in a row..

[protean] 08/1/2014 09:32

Here's the link since ADVFN automatically removes Stock o pedia links:

[goliard] 08/1/2014 09:27

Interesting piece on HHR

(LON:HHR) :

"The Company is engaged in the provision of non-fault accident management assistance and related services. Its main revenue is derived from replacement vehicle hire, the financing of vehicle repairs and the management of personal injury claims for the innocent parties involved in motor accidents."

On further investigation, I am going to forego the simple selection, and instead discuss the merits of HHR. It has a market cap of £166m, a ROC of 58%, an EY of 22%, and an MF rank of 95%. Their seems to be some "special situation" occurring with HHR. - lists its (FCF) Price to Free Cashflow as 5.78, which is very low. The great thing about - is that it actually breaks down the cashflows. In the latest set of accounts, it has £31.2m in CFO (Cash from Operating Activities), and net cash inflow of £29.0m from investing activities. The company has had a number of such inflows over the years, and seems to be related to disposal programs. Although revenues have halved from 2008 to 2013, ROCE has actually improved.

Let me ignore these disposals, and strip out what look to be expectional investing inflows. It appears, then, that a reasonable estimate of capex expenditures is about £2.5m. So free cashflow is about £28.7m (=31.2-2.5). Given a market cap of £166m, that means that my adjusted PFCF is 5.78 (=168/28.7). That's an implied return of 17% (the inverse), which is very good.

But I think the story is even better than that. The company had net cash at the year end. The interest paid last year was £460k, which I am going to take as negligible. What's more, on 5 December 2013, the company placed £57.5m to grow its business. The shares represent 42.3% of the enlarged share capital. They were also placed at a premium to the market, which shows quite some interest.

The company has a ROC of 58% and a ROCE of 39%, as calculated by -. Suppose it can only generate a 10% return on the money placed, though. Maybe it will take time to invest its money, or whatever. I will also assume no gearing. So a 10% return on £57.5m placing, add in £28.7m existing cashflows, gives forward free cashflows of about £35m.

How much will the market pay for these cashflows, given its high ROC and low gearing? I don't know, but i would certainly hope more than 10. 15? Very feasibly. Let me split the difference and call it 12X.

So we're looking at a company that may be worth £420m (= 12 multiple x 35m free cashflows). Current market cap: £165m. Seems like a lot of upside there, which is why I want to put it in the portfolio.

- See more at:

[bc4] 07/1/2014 23:01

KNIGEL yes no there is no chance of 20p but every chance of 8p to 10p and you say the share price is 5.5p well they have paid out .445p since July add that to todays close and you get 6.28p, what the management have done here has been fantastic and the big boys are backing them to the hilt i.e. Invesco over 29% good enough for me, any newbies read the last 4 updates as good as it gets

[vikingwarrier] 07/1/2014 20:24

CR

I couldn't get Warrior at the time :-(

[cockneyrebel] 07/1/2014 19:32

Vikingwarrier
7 Jan'14 - 18:35 - 4963 of 4966 0 0


As I say expect 20p here shortly.


---------------

LoL - not sure I'm going to believe anyone that can't even spell their own name correctly!

CR

[knigel] 07/1/2014 19:29

20p? LOL the shares would be on a PE of 40! Granted there may be an earning enhancing acquisition around the corner but in the last year (from memory) the share price has moved from the 2.5p area to the 5.5p area. So presuming the same for 2014 then perhaps a 9-10p share price is possible. It depends on how the company uses the new funds (remember 2.7 billion shares in issue now) and how much the Autofocus windfall is. Why do people keep suggesting very high share price targets - without giving any substance?

[greenroom78] 07/1/2014 19:09

Thanks, see them now. I just looked at the totals and hadn't noticed them further down.

[jakleeds] 07/1/2014 18:36

Advfn trades tab Greenroom, showing over 10million delayed trades.