Helphire Grp. Share Discussion Threads

[hikmetyzb] 04/2/2014 11:52

Parsons; I have no free money atm. Otherwise topping up would be beyond the questions...

[parsons] 04/2/2014 11:50

Topped up again today. The silence here is killing me but I really believe there is something BIG to be announced here otherwise why did they raise all that money ?

[hikmetyzb] 04/2/2014 11:46

since the FED news + Chinese slow growth the whole stock market is messed up causing millions of losses to the investors...

Yet look at the HHR, just settled over 6p prior to the news and do not even loose value despite all these negative market conditions... Loving this stock...

bc4 thanks for encouraging me to hold. when I sell, I will buy you a drink lol

[bc4] 03/2/2014 23:47

Anyway results due end of FEB plenty of news to come here

[bc4] 03/2/2014 23:46

Is this the new QPP board? sorry I hold HHR

[jam2day] 03/2/2014 23:34

Take the comments to the QPP thread and discuss there.

[craffert] 03/2/2014 21:47

QPP is still cheap as chips. Re rating has just started. The rapid jump will probably end in the 45p-60p range on FTSE250 entry

[daveycaferacer] 03/2/2014 20:15

QPP is currently valued on a trailing P/E of 13 and a forward P/E of 8, so on those metrics it still looks extremely good value. Still some way to go to fair value in my opinion!

[deanowls] 03/2/2014 13:32

Qpp looks pricey? On what measure?

[cestnous] 03/2/2014 13:25

Takeover of Ingenue looks confirmed. (QPP)

[risk1] 03/2/2014 13:23

see qpp is roaring

Any reason as it looks pricy to me??

[bc4] 02/2/2014 11:53

Yes but a lot of people have not read it so it gives newbies an insight into the company

[fizzypop] 02/2/2014 10:30

It is Mark Carter's report of 7 Jan. Alway wise to quote source.

[knigel] 02/2/2014 09:16

Opodio, I am sure I have read this article/post before?

[opodio] 02/2/2014 09:11

HHR. It has a market cap of £166m, a ROC of 58%, an EY of 22%, and an MF rank of 95%.
Let me ignore 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.

[nicky name] 30/1/2014 19:25

Viking didn't we have a cup handle formation middle of last year about 4p? Hopefully same again now (but I am no chartist!)DYOR

[risk1] 30/1/2014 16:41

at it again filled a 7.5 million order at 6p shown as a sell

[the handyman] 30/1/2014 16:22

Scottishfield. At the time, I didn't realise I would lead the way today.

[vikingwarrier] 30/1/2014 16:14

Ah starting to look like a cup handle.

[scottishfield] 30/1/2014 15:27

ah, a little share price sanity returning?

[bc4] 30/1/2014 11:08

Wish I could do that LOL anyway could not agree more fingers just a bit of patience needed results in 4 weeks

[xpan] 30/1/2014 09:08

Excellent graphics ....

[risk1] 29/1/2014 23:00

They were at it again the market is dodgy imo