Hercules Props. Share Discussion Threads

[spec12] 21/1/2004 10:54

Thanks nurdin.

Looks interesting.

[nurdin] 21/1/2004 10:53

yes you can...

[spec12] 21/1/2004 10:52

Can you buy these within an ISA ?

[sharedoc] 21/1/2004 09:20

M.M's got caught out when they dropped the price on Mon - Ha Ha !!. This is looking like a no brainer

[lex1000] 21/1/2004 09:12

Excellent recovery play.Worth imo following "director shareholding".Share price moving up 213p/217p.

[rivaldo] 21/1/2004 09:12

Indeed - HPS has now made up that one day's fall. Still no idea what caused it, but I'm thinking the sellers will have cause to regret exiting so soon.

[crawford] 21/1/2004 09:11

Lex1000,
looks like 240p isn't far off now that we have the sellers out of the way.

I'm quitely confident of good results coming out - certainly inline but I'm hoping for better.

[lex1000] 21/1/2004 08:17

Chart looking good.Br=240p

[nurdin] 21/1/2004 08:15

well we are off! should see 220p soon

[lex1000] 21/1/2004 08:10

3 mms on the bid

[lex1000] 21/1/2004 08:09

nurdin,well said.

[nurdin] 21/1/2004 07:10

Freddy...service companies are rarely asset rich so dont gimme that cr*p!.Yes debt is high(a well known fact) but interest is covered 5x by operating cashflow.This is expected to increase to more than 7x as the underperforming divisions come on stream this year.
Last year they had cashflow per share of 50p..that puts the shares at 200p on a historic CFPS of 4!They have consistently achieved higher CFPS than EPS...an important metric when it comes to measuring their effectiveness in converting profits into cash.
Oh by the way, ROCE last year was 50%..has declined from 73% two years ago but now on the up again.
HPS are a recovery play..and all the signs are they are on the mend now.Before the hiccup two years ago,they were trading in the £6-£7 range.Dont see why they cant get up there again if the results at half time and for the full year restores markets confidence
tomcat has spoken!

[matt1231] 21/1/2004 01:30

Things are changing at HPS.Chart in steady uptrend and plenty of director buying (AESOP) this month up to 222p.Additional 40K bought today.Bouncing off 200p for second time and heading for new highs come results on 16th February.Closed up 205p/207p with resistance @ 220p up ahead to clear.AESOP no obligation to be buying and must be close to what is happening within company.Illiquid and volatile stock which can see dramatic moves in share price.My prediction is for massive 50%-100% upside with re-rating if good results.Chart looking positive and has buy me written all over it.IMHO,DYOR.

[matt1231] 21/1/2004 00:45

rivaldo - 20 Jan'04 - 14:37 - 718 of 723

I'm with you m8.Looking at 5 year chart and with good results can see HPS at between 300p and 400p in line with your re-rating predictions.Someone else pointed out Director buying (AESOP) up to 222p this month.Sneaky mms making todays 40K purchase look like a sell.Bodes very well come results.Added today with plenty more to come.IMHO,DYOR.

[lex1000] 20/1/2004 23:57

Chunky buys today,some finding way into sell column including this 40K one!
20/01/04 12:52 UKREG Director Shareholding.

Draw your own conclusions.

[lex1000] 20/1/2004 16:01

Agree last four trades appear buys from earlier in the day, which helped push share price up.Hopefully buying momentum ahead of results will continue to take HPS higher.

[nurdin] 20/1/2004 15:41

Those largish last three trades all look like earlier buys to me..

[crawford] 20/1/2004 15:32

Up above the critical 203p level. Should see these recover now.

[lex1000] 20/1/2004 14:49

Sellers are out and new buyers in for results and beyond.mms have no stock so will be obliged to keep raising bid to meet demand.Everything tickety boo.Happy with todays purchase and can see potential 50%+ upside if all goes well.imho.

[rivaldo] 20/1/2004 14:37

Great to see so many new posters here. The price is up 6p now - as Daz says, HPS is extremely volatile, so the recent slide should easily be retrieved with a bit of interest. If trading to 31st December was not good then HPS would have been obliged to say so. IMO the question is simply will trading be in line or better? Even if "only" in line, this should reassure the City, and given the forward P/E of 5, a re-rating of anywhere between 40% and 100% may be on the cards.

[lex1000] 20/1/2004 14:06

Good interims and positive statements on 16 February 2004 should be enough to propel share price to new highs breaking out above 240p,building on support @ 220p,however,first need to breach r=220p.Timing is everything and yes better in before T + brigade.imho.dyor.

[daz] 20/1/2004 13:51

Dipped my toe in today and seems to have led to a small tick-up, as someone said above it does not take a lot of buying to lift the share price. I'm hoping (like others) that the worse is behind the company. As the thread title says, it does look cheap and you get a divi as well. There should be some upside if results meet expectations and I think it's worth getting in ahead of the T + 10 brigade as it could jump quickly.

Daz

[lex1000] 20/1/2004 13:49

2 mms on bid and 1 mm left on offer.

[lex1000] 20/1/2004 13:46

Dipped my toes in with a small parcel of shares before the rise.Confidence coming back into this stock.See shares easily rising to R=220 and definite possibility there post results for breakout to new highs.Always nice having the bonus of dividend.strength in the chart & therefore short term target price of 220p.L2 strengthening.imho

[penpont] 20/1/2004 13:22

Aesop has now bought 85k shares in the past month, out of total of just over 400k now owned by it, plus there's been a small directors buy along the way.

Risk/reward balance seems to be tilting to the latter direction and I've gone aheald and topped up too.

Feels like it'll either be one of the opportunities of the year or a complete disaster...