High-Point Ren. Share Discussion Threads

[ken50] 07/7/2003 12:05

This week may provide the positive news everyone has been waiting for.

[frankie-boy] 03/7/2003 13:37

Offer price 4p, goes down to 3.5p, big buy, goes back up to 4p

[targatarga] 30/6/2003 11:26

I hope that management realise their supposed to be working for the shareholders best interests, and not just their own. The depressed share price reflects the opinion of the market. Does anyone know if vct's are involved or is it just the banks re possible buyout.

[garth] 30/6/2003 11:17

Up to buy - not to sell.

G.

[iantc] 30/6/2003 08:26

18% up not a bad start for a monday maybe a bit of news leaked or have they paid back the loan early

[targatarga] 26/6/2003 21:22

The clock is ticking, unfortunately I feel management have only their interests at heart. Our only real hope is another company making a bid.

[ken50] 26/6/2003 00:19

Its good to be suspicious where investing is concerned.
I believe that even if they were to bid it would still allow a profit for shareholders holding at this price.
Running the company into administration and then trying to buy it back would risk there being nothing for them to manage as the assets are mainly people the best of which would probably leave.

[iantc] 25/6/2003 23:33

garth you may be right but if the loan is repaid on time this will give hpt a life at the moment priced as though loan will not get paid ,they did in fact make a small profit last year though restructuring and debt reduction swollowed that they still have a good record on the work they do and are picking up contracts in the far east the one problem they do have is a shortfall in there pension scheme though what company does not have that problem at the moment ,so if the loan gets repaid a rise to 6/7p is not out of the question
,more than 100% rise from where we are now

[garth] 25/6/2003 11:51

iantc,

they've always won contracts. And the result is a 3p share price. Why are current contract wins going to make any difference? My reading here is that the directors wish to run the company for their own benefit - thereby fleecing current shareholders. They want the bank to support them. Have I got it wrong? I was a long-time holder (but sold out some time ago) and would love for someone to tell me its different to they way I've just painted it.... If it is as it appears, then why would ANYONE want to invest here?

Please tell me - I'm itching to be convinced to punt some money on the loan issue. But at present I cannot because the directors appear to be acting from mixed motives - bound to run the company for its shareholders but with one eye on taking it private for their own gain.....? Is that not the meaning of that statement about wanting the banks to support the existing management team to continue to run the company?

Thanks in advance for any light shed on my darkened eyes...... (sorry, just been reading some Plato with my year 12's)

G.

[iantc] 25/6/2003 08:54

looks like the big seller is out of the way now ,as long as the loan gets repaid there is a lot of upside on hpt ,still winning big contracts

[targatarga] 24/6/2003 18:29

Probably a seller who knows the end is nigh mr glass.

[glass half full] 24/6/2003 17:40

This may seem like a daft question to lots of you, but how come the above trade went through at half the bid price. Why would that happen?

[ken50] 24/6/2003 17:27

Large trade went through at 1p at 3.30pm today.

[ken50] 17/6/2003 18:34

If more large trades continue over the next few days I think you are probably right.
My money is literally on a settlement of the £2.9m loan sooner rather than later.

[targatarga] 17/6/2003 10:59

Volume at last picking up {monday and today} A cynic might say somebody knows something?

[targatarga] 17/6/2003 10:59

Volume at last picking up {monday and today} A cynic might say somebody knows something?

[dontknowitall] 12/6/2003 08:16

I've always taken spreads like a pinch of salt.

Once the buyers have bought enough shares for market makers to want to put their price up, most people will not want to sell until there is a profit.

So for all those buying at 4p now, excluding those who sell at a loss, no-one will sell until the bid price is at least 4.25p.

Hope you can understand this better than I can! It's too early in the morning to be sorting out my English.

[targatarga] 12/6/2003 07:18

Still beleive were going to be taken out by a 1p bid by management.

[ken50] 11/6/2003 20:15

Spread is massive and quite offputting only if you believe HPT is either fairly or slightly undervalued.
I believe when the loan of £2.9m is closed out and the price moves up the historical spread will be irrelevent.
My view is obviously a minority one or the share price would already be much higher.

[targatarga] 11/6/2003 18:27

Can things really be this bad. Spread 2-4p.

[ken50] 06/6/2003 16:58

If contract payments eliminate bank loan then a several fold increase in share price is possible.
No otherwise profitable company turning over in excess of £20m is valued at £820,000.

[hupper] 03/6/2003 00:59

loan renewed!

[hupper] 03/6/2003 00:48

Sod it , I stuck £300 on them paying off the loan

[hupper] 03/6/2003 00:24

Not on that spread, you've lost most of your money as soon as you buy , I'm not brave enough ..

[xoe26] 03/6/2003 00:19

Worth a punt?