Helphire Grp. Share Discussion Threads

[bc4] 04/3/2014 16:44

Yes same again winkle out the weak and the rise will continue stay with it topped up today only one way for this

[leopold555] 04/3/2014 16:24

Nice rise today

[rathlindri] 04/3/2014 16:18

looking good, nice and steady

[ant15] 04/3/2014 16:16

bc4 well invested here and looking for further upward movement over the next few weeks!

[bc4] 04/3/2014 08:37

Some big stakes are changing hands 20 million over two days

[bains123] 04/3/2014 08:24

I topped up yesterday as this goes ex-div tomorrow!! A great ISA income stock imo.

[bc4] 04/3/2014 08:01

Yes sounds good to me, good find BAINS

[bc4] 02/3/2014 20:33

Yes expect a rerating within weeks

[ant15] 02/3/2014 20:16

bc4 Interestingly Avril-Palmer Baunack of Helphire has been nominated as one of AIM's top Non Executive directors on the market. A lot of good here and over the next few months the stock will almost inevitably continue to rise in value. I genuinely cannot see any downside at all. Profits locked in and growing both organically and by acquisition and paying dividends as you remind me.

[bains123] 02/3/2014 13:54

posted Graham Wales on LSE:

Don't forget they have also been increasing profits year on year.

Chief executive Martin Ward said: "After working with NewLaw for many years, we are delighted to have secured a first class and well-established legal services business together with its management team. This addition to the Helphire group supports our strategic direction to broaden the scope of services we offer in related markets and we look forward to building on our more recent success."

NewLaw was formed 10 years ago and has since achieved strong growth. It employs more than 400 people.

[moormoney] 01/3/2014 17:29

Thanks eeza, just shows I need to read more carefully!

[leopold555] 01/3/2014 16:42

Good post bains123 thanks

[bains123] 01/3/2014 15:00

Thanks eeza! The dividend policy here is great. I have quite a few of these tucked away in my ISA and will get some more on Monday.Looking forward to the special dividend too!

[eeza] 01/3/2014 13:19

@bains123

From the link above (Interim results)
"The board has pleasure in declaring a third interim dividend of 0.054 pence per share payable on 27 March 2014 to those shareholders on the register on 7 March 2014 (2012: GBPnil). This dividend makes a total of 0.335 pence declared for the year to date."

So XD date is March 5.

[bains123] 01/3/2014 12:46

Posted on lse:

Helphire (HHR.L) announced on Thursday that they had agreed terms to acquire the New Law group of companies for a cash consideration of £24.5m plus up to £10.5m in HHR shares, subject to achievement of EBITDA targets for 2013 and 2014. This strategic acquisition strengthens Helphire's market position in terms of vertical integration and extended reach while also enhancing earnings – the acquisition adds £7m pre-tax profits on sales of £29.4m. Having raised £60m for strategic growth in December 2013, it is clear that further earnings enhancing acquisitions are likely to follow.

Alongside details of the acquisition, Helphire also announced interim results for the half year ended 31st December 2013 and a third interim dividend of 0.054p per share. The interim results showed increased pre-tax profits of £4.2m on revenues of £92.3m. These revenues were down 16% year-on-year and this was attributed to the ban on referral fees for personal injury claims from 1st April 2013. Clearly HHR leadership anticipated the shifting landscape of their sector and have taken measures to protect and grow the overall business, not least through their acquisition strategy.

There has been a somewhat mooted response to this news with a slight softening of the share price. It is difficult to understand why other than the "buy on rumour, sell on news" mindset. As things currently stand, the new enlarged group should have annual profits of around £15-16m against a market capitalisation of c£180m with significant tax losses to carry forward. With a further £35m in cash to make further earnings enhancing acquisitions and a prospective yield of over 5%, I believe it is only a matter of time before the shares are re-rated. In the meantime, the progressive dividend policy and the prospect of a special dividend from a potential litigation settlement makes it fairly easy for investors to be patient.

[bains123] 01/3/2014 12:43

Thanks moormoney.

[moormoney] 01/3/2014 12:23

Close of business 27 march I think.

[bains123] 01/3/2014 12:18

Does anyone know when ex-div date is for next dividend?

[bc4] 01/3/2014 10:41

ANT15 yes I and all holders of HHR who have held since JulY 25th have been paid .5p in divis which in less than 8 months and with low interest rates is quite remarkable. profits are growing strongly which no one has even mentioned. With the new acquisition HHR could be making 17 million plus in profits with little or no debt, the management should be applauded TOP NOTCH OMHO

[ant15] 28/2/2014 18:43

bc4 holding bucket loads of this share and for a recovery stock I cannot fault it or management....Next week should see us ticking up a little more.

[bc4] 28/2/2014 17:15

SHOWN GREAT STRENTH TODAY,I wonder where all the experts have gone. depche mode
"ENJOY THE SILENCE" have a good weekend all holders

[leopold555] 28/2/2014 16:22

Yes bodes well for Monday

[bruceylegs] 28/2/2014 16:20

Levelled off nicely today