Hg Capital Share Discussion Threads

[jlo10] 16/10/2013 13:16

This is some drop over the last few days.

[iomhere] 22/8/2013 09:04

People holding this stock are probably in it for the long term so there shouldn't be a great number offering their shares. And, of course, in the long run they are almost certainly right. HGT tends to understate its position, hence the premium to valuation shown on most of its disposals. As Gene Sarazen, when asked by an aspiring golfer how a ball could be hit further replied, "Be content".

[woracle] 22/8/2013 07:52

Its still trading at a premium to diluted NAV so the fall is not at all surprising. Don't forget until recently a discount of 10 to 15% was not unusual in a jittery market so don't be surprised if it reaches that again.

[phbatbjco] 22/8/2013 07:08

For God's sake its not that bad! ? -5.6%???!!

[phbatbjco] 27/3/2013 19:52

interesting move upwards today?

[chrisdonohue] 28/2/2013 10:13

2012 results due March 8th. In my view, the HGT share price does not reflect
the quality of the consistent index-beating results over the years, the rise in
the euro/sterling exchange rate and the substantial rise in the stock market
since the end of November when its asset value was quoted at 1183p.

Incidentally, HGTS still trades at a discount to the convertion price into HGT. It is geared over 10 times and still has until May 31st to run in a market which yesterday breached significantly the very stubborn 14000 resistance on Wall Street.

[woracle] 28/2/2013 10:00

Disposal news is just wishful thinking, but currency affect on NAV isnt.

[jaf111] 28/2/2013 09:25

not sure i completely agree woracle....yes £ weakness has helped but disposal news expected soon.....

[woracle] 28/2/2013 09:18

HGT assets are mainly denominated in euros, and since gbp has fallen about 7% vs Euro since the start of the year, this recent jump since January is primarily just a refection of that currency move I suspect.

[jaf111] 28/2/2013 09:07

Yes what a great run.....am out now, and hoping for a decent rise in PLIS which is well overdue!

[morgs] 28/2/2013 09:02

Wow, and I nearly sold my HGTS last Monday as I was on the verge of giving up hope before the end of May !

[jaf111] 27/2/2013 16:30

Yes very nice rise.....glad i spotted this one!!!!

[woracle] 27/2/2013 16:29

Strong recovery with recent euro strength vs gbp... maybe a hint of a disposal even.

[jaws6] 19/2/2013 08:33

well warrant on move today

[jaf111] 14/9/2012 08:10

Subs looking ridiculously cheap (53 - 57p) with shares on 1,015 - 1,020p = intrinsic value of 65 - 70p......

[jaws6] 07/9/2012 06:30

RNS out on HGt

[2baffled] 06/9/2012 20:50

Now the 'city suits' are back from Tuscany, we may well see that discount to NAV narrowed and perhaps even see the mkt. share price trade ahead of NAV again.

The boss retires soon.
He was polite enough to wait till the H1 results had printed before committing another £700k of HGT to his pension fund.

At this level, with the 950 Oct. 2012 exercise hurdle crossed, the subs. should move penny for penny with the offer price of HGT.

I'll 2nd. your motion 'fingers crossed'!

By the way,
i) IG have a mkt. on HGTS. Guaranteed stops, too!
ii) There is a 'ghost-town' HGTS advfn thread.

[jaf111] 06/9/2012 20:18

Subs failed to get to 60p tody.....BUT still a decent rise of 33% to 53p mid!
Should see 60p minimum tomorrow just to clear the discount, and could / should go higher still if the shares continue their rally.
Fingers crossed!!!!!!!

[jaws6] 06/9/2012 11:51

Tks for good link

[2baffled] 06/9/2012 11:46

Seen this?
CEO speaks ........... 10 min vid. Auto-starts on opening.

[jaf111] 06/9/2012 11:18

Indeed 2baffled....and based on their track record that NAV is ultra conservative...their last sale increased NAV per share by 50p i think

[2baffled] 06/9/2012 11:09

HGT; diluted NAV = 1166.9.

[jaf111] 06/9/2012 11:02

Well the 50p target was reached before lunch....but with shares up to 1,012p the subs remain on a discount so really 60p should be on the cards by COB today!!!

[jaws6] 06/9/2012 07:40

2baffled
Tks,did not know or would have bought there but got HGT, thanks to Marben for this.