Hill & Smith Share Discussion Threads

[petersinthemarket] 16/10/2006 20:34

Still trading solidly sideways. Support level of 235 still unchallenged. Been much the same for most of this year now. Some interesting volumes during the last week, but they didnt spark anything off. Still too much resistance whenever share price nears 260. Safe and solid enough, but very, very, boring. I guess we have to wait for some new positive newsflow to get it away.
PIM

[petersinthemarket] 11/10/2006 16:16

Announcement extracts: 11 Oct 2006:

''....pleased to announce that at the Extraordinary General Meeting all the resolutions required to implement the Placing and Open Offer were duly passed.......New Ordinary Shares are expected to be so admitted at 8.00 a.m. on 16 October 2006.''

''.....also announces that on 6 October 2006 it completed the disposal of
two non-core subsidiaries, W&S Allely Ltd ("Allely") and Eden Material Services
(UK) Ltd ("Eden") to a new company formed by the management of Allely and Eden.
... cash consideration of £0.7 million is equal to the value of the net assets
disposed of. In the year ended 31 December 2005 the aggregate turnover and
profit before taxation of the two companies were £8.2 million and £0.2 million
respectively.''

[hvs] 09/10/2006 19:56

They are leaders in street lighting.

And not far away from LEEDS

[hvs] 09/10/2006 19:37

Very nice indeed .

I am sure HILS will have a say in this.

[iglet] 09/10/2006 19:29

FWIW - Lighting project in Leeds reported as just begun, for next 5 years at cost of £100,000,000.

[iglet] 09/10/2006 16:19

My thoughts exactly ;-))

[hvs] 09/10/2006 15:06

HILS off course.

[iglet] 09/10/2006 14:26

See on the news that Leeds City Council are planning to replace 80% of the street lighting - anyone know who could supply the street furniture for them?

[petersinthemarket] 02/10/2006 19:48

>Spectrum7 - 24 Sep'06 - 336 of 337 - ''Only hv can alter the heading''
Cheers Spectrum, but cannot alter what we dont have.

Is hv still around, or is it hvs now.

hv or hvs, pls can we have some charts?

[petersinthemarket] 27/9/2006 13:52

Many thanks Spectrum7 - nice to know someone is still alive.

For any of you who enjoy stats, try this:

No of posts this calendar year = 48
No of posts this financial year = 17
Longest break with absolutely no posts at all = 13Mar-11Sep = 6mths

Dead horses, flogging, etc., comes to mind.
PIM

[spectrum7] 24/9/2006 16:29

Only hv can alter the heading.

[petersinthemarket] 24/9/2006 16:26

Is there anyone out there who could put some active display charts up on the HILS heading, like some of the other threads do.

I regret I dont have these skills, but would welcome a similar approach.

Similarly, if anyone uses charts for investment purposes and could occasionally post trend charts for us to discuss, I for one would find them most interesting.
Best wishes.
PIM

[petersinthemarket] 24/9/2006 13:29

Can we pls stick with HILS chatter guys.
There are other threads, inc GME, for pushing other stocks.
PIM

[hvs] 22/9/2006 18:47

You using super glue boy to make it stick ? Now thats a REAL MAN.

[spectrum7] 22/9/2006 18:42

lol.....clueless :-)...thats why you are poor and will remain poor !

A man who cant stick by his word is not a man ;-)

[spectrum7] 22/9/2006 18:16

GME is currently trading on a lowly P/E of 6 for 2007 falling to 3 in 2008 – the company's peers trade on an average P/E of 14. The company will need additional funds to continue growing, but with a growing order book and healthier balance sheet, GME have been able to agree new bank facilities and are in discussion regarding project financing.

Executive Chairman, Philip Woods, bounds with energy and is very excited about the future of the business. He is an electrifying character (actually even looks like he has just been struck by lightning!) and if his enthusiasm for the business is a true reflection of prospects, then GME may be a tempting investment for investors who understand how to weigh up and monitor the risks involved in this kind of business.

[hvs] 22/9/2006 18:14

You are a bit late burt, but never mind.

Enjoy the ride.

[burt46] 20/9/2006 02:07

Here is an announcement on HILS my broker sent me.

DEADLINE: 28th September 2006

CORPORATE ACTION EVENT TERMS:

The Company has announced an open offer whereby shareholders can subscribe for new shares of Hill & Smith Holdings on the following basis:
1 new Ordinary share of GBP0.25 for every 10.3 Ordinary shares held at 228p per share.

Subscribing shareholders will be credited with the new Ordinary shares on or around 16th October 2006.

The Open Offer is subject to necessary resolution at the EGM to be held on 11th October 2006.
You have the option of:
Option 1: Do not subscribe. (Default Option)
Option 2: Subscribe for new shares up to your maximum entitlement of 10 shares.
The default option will apply to all holders whose instructions are not received by the deadline.

[petersinthemarket] 15/9/2006 19:14

hvs,
Agree with most of your observations.

Happy to note some institutions taking shares - I hope they keep hold of them.

Had my offer doc from my broker today.
I wasn't sure whether to take them up at 228p.
I felt I might get them in the market sometime for about the same.
I'll sleep on it over the weekend.

Surprised and happier to see the final close at 241p.
A strong rise on reasonable volume too.
AvVol usually around 60k, but todays vol around 110k.
That augers well.

Sorry to appear so negative, but I'm still a bit concerned in the short term.

Sp broke down thro' chart support (235p) to 233p and despite todays rise it still needs to rise thro' upper (downsloping) trendline which my pencil and ruler positions at around 241p.

There are then upward resistance points at 243p, 246.5p, and 249p, so there is still plenty of work for it to do.

The share price has been lurching about in a sideways trend now for two months and its time it made up its mind to move north!

But it looks a safe enough position for now - have a good weekend.
PIM

[hvs] 15/9/2006 16:19

Its blue again. No worries here.

[hvs] 14/9/2006 13:28

Good afternoon Peter,

I have been holding HILS for a number of years and unfortunately started
reducing my holding around £ 1.20 but I still hold and am very potimistic about the future as the company is now building momentum and institutions will start coming on board. Have a look at :

1) EPS
2) Cash flow per share
3) Dividend per share
4) profits for new acquistions yet to contribute for a full year
5) New division electronic warning board on roads which can be floated in
its own right down the line.

Regarding the new share being issued read this in the Offer document ;

Arden Partners has placed firm with institutional and other investors all of the 6,140,351 Firm Placed Shares and has also conditionally placed all of the
6,140,351 Open Offer Shares. The Open Offer Shares are subject to clawback to
satisfy valid applications from Qualifying Shareholders.

Will appreciate your views on my comments.

I agree share price may drift but will not be much of a drift.

[petersinthemarket] 13/9/2006 16:11

I'm happy as long as we stay above share price 234p, and that level seems safe enough for now.

Even after solid results the mkt never looks in any hurry to re-rate Hils. It seems to take a few months before the share price strengthens.

In recent history, there have been annual share price rises of typically around 40p spread over about a six/nine month period, and with temp fall-backs here and there.

This time around there is the effect of the new share issue and their expansion proposals to consider.

However, as the background business still looks very strong I look forward to seeing another gradual share price rise in due course.
PIM