High-Point Ren. Share Discussion Threads

[iantc] 28/7/2003 16:30

rns due anytime now ,1/loan repaid 10p,2/exstention to pay loan 3.5p ,pity the mms are holding the offer at 5p might have been tempted to top up with a few more, next 3 days should be interesting

[targatarga] 28/7/2003 14:04

Looks like shareholders again being held to ransom over loan.

[ken50] 28/7/2003 10:58

Market size tiny.
Looks like market makers are playing it safe up to the bank deadline.

[panagos] 26/7/2003 14:27

what is the shareholings of current directors?

And whats the involvement of VCT in this


TIA

[hooley] 25/7/2003 09:11

I noticed that 6p was paid by the MM for 50k - with the quote of 5.5p - 7p. The NMS is just 5k. MM seems to be keen on getting stock back to cover his short?

[hooley] 25/7/2003 09:06

I could have dealt in 100k @3.98p yesterday morning, but by the late afternoon it was down to 10k at 7p. Interesting? Maybe the MM didn't want to be short, but will now shake the tree hoping some will fall out. I don't believe the existing players will let this go down, even if they have to replace the loans from their own resources. My understanding is that the loans will be repaid when the outstanding commissions arereceived from clients - that is some of the £4.5m.

[jubjee] 25/7/2003 08:35

bought in this morning, would be nice to see some movement, has this run out of steam just as I arrive?

[dontknowitall] 25/7/2003 08:33

Pure buying so far today - can't see another 90%+ rise today though somehow.

Could be wrong :)

[currypata kai] 25/7/2003 08:11

bnought 40000 at 5p yesterday having bought at higher levels .Total gamble but with world economy picking up,I thought it was worth having a punt.

[biomax] 25/7/2003 07:54

strong buy up to 60 p!

[ken50] 25/7/2003 00:17

Spread narrowing which is always a good sign.

[biomax] 24/7/2003 19:29

10 BAGGER IN THE MAKING!

[biomax] 24/7/2003 18:36

STRONG BUY!
60 P IS COMING!

[iantc] 24/7/2003 18:09

ken i think this rise is down to the loan being repaid , expect a rns tomorrow and another rise to 10p

[iantc] 24/7/2003 17:47

it had to move sometime this week as the loan had to be repaid by the end of the month ,funny no rns ,looks like some got to know before the rest of us what a suprise !!! glad i held on to mine from 1 month ago ,now lets see what happens tomorrow

[ken50] 24/7/2003 17:38

A 92.3% rise in one day albeit from a very low point is more than respectable.
Either the loan has been repaid or the management bid is very close or even both.

[hooley] 24/7/2003 16:32

I know it's much smaller, but Atkins fell out of bed about a year ago - to 50p and has since risen to 300p since. It is also in the contract management area. If HTP follows the same course it should get back above 20p soon enough. The big holders haven't moved. Ian Reeve,the former chairman, who has a 5% stake, could buy this business back in league with his friends in Monte Carlo. It has come down from over 120p. At 20p the equity value would still be under £6m and the debt could be virtually eliminated if the £5m is recovered. On £25m of turnover, HTP could make more than £1m operating profit next year, following the reorganisation. I wonder who took the 650/- this morning?

[ken50] 24/7/2003 16:19

If you believe the £2.9m loan will be repaid then a short term target of 10p should be easily achievable.

[safman] 24/7/2003 15:24

I must be the biggest wally... had a buy at 3.95p.. 100K .. turned it down..

[dontknowitall] 24/7/2003 15:22

Excellent rise - now the inevitable question...

What's the target?

[hooley] 24/7/2003 15:02

Looks like they could be about to get some of the £5m recoverable on contracts. As nothing came in during the first half then a chunk iis overdue - why else would the banks have renewed their overdraft facilities? Company recorded an operating profit before exceptional reorginisation costs in the first half. Given the worldwide contracts, this is a cheap one. I wouldn't be surprised if the company didn't go private at multiple of the present price.

[ken50] 24/7/2003 13:31

38% up on the day so far.

[targatarga] 24/7/2003 10:32

Looks like you could be proved right ken50.

[ken50] 23/7/2003 18:24

I think the outlook for this share is very positive.
Ultimately value always asserts itself in a fair share price and I see no reason to think HPT should be any different.

[targatarga] 23/7/2003 00:12

Management trying to keep price low.