Hill & Smith Share Discussion Threads

[pizza3] 11/5/2008 07:29

goodmorning Barbie....£1 a go?

[barniebear] 10/5/2008 07:08

P/S lendmeafiver I suppose you ran the rule over Enron & N/Wreck Bearn Sterns to name but a few. As a crontrain investor if i wanted to really get involved again i would look at Banks & M&S/Next.!!

[barniebear] 09/5/2008 15:03

I agree I am a very careful investor

Ah BUT have you EVER made any SERIOUS MONEY!!

[pizza3] 09/5/2008 14:57

Barbie


I also agree. I am a very careful investor, agree the company has a few positives.I will be keeping an eye on it and by june when it hits 100p i might even invest in it

[lendmeafiver] 09/5/2008 14:54

Barnie

I agree I am a very careful investor, agree the company has many positives i will be keeping any eye on it, good luck

[barniebear] 09/5/2008 14:32

What we have got with the above posts 272/273 is pretend experts FACT IS HILS will have above average growth over the next 5 yrs . Now to buy/sell all a matter of interpretation OR BALLS. Oh in case you think i aint got a clue Well i retired 9yrs ago on stockmarket gains so put that in your collective pipes & smoke it.!!My fun gamble in HILS is a mear £30k

[gco1133a] 09/5/2008 13:27

2) and 7) Do you think that a repayment of £39m is not significant? I do, esp in light at the operating level the business

As he points they have over 40m of cash on the balance sheet. Get real.

[lendmeafiver] 09/5/2008 12:06

John

Just to take one specific point ref misinformation, you state above that the business has net assets of £185m, I simply cannot see this from the report and accounts of the company, they read £98m (including £93m of Intangibles) for 31/12/07. Please explain your above comment - I assume you will not be forwarding your missinformaion to the FSA on this occasion. Sensible discussion going forward would be appreciated.

[lendmeafiver] 09/5/2008 11:42

John

Your comments are absolutely outrageous. You seem to think that anybody who takes a different view to you should be reported to the FSA, none of the issues raised by me have been fabricated and you should withdrawal that comment.

Lets have a bit of sensible discussion here that is after all that what I thought these discussion boards were for:

1)By your own information Groove have sold £1.9m and purchased £0.65m, and like it or not it is a significant reduction in no of shares

2) and 7) Do you think that a repayment of £39m is not significant? I do, esp in light at the operating level the business has never really performed that well see NCFOA line 2007 = £14.1m 2006 = £4.4m

3)I was only referring to current year PE, thanks for the info on forward earnings, believing the forward earnings forcasts is the key to every investment - I currently have no view on this at the moment.

4) and 5) Its good too see the business is performing well even in light of the US slowdown, very encouraging

6) When excluding intangibles at 31/12/07 the business only had £6m of net asset value down from £37m at 31/12/06

My conclusion with this one is its all about how the business will deliver on the investments it has made over the last 2 years, personally I like some of the businesses the group has, I wouldn't be researching it otherwise but Im going to wait for the half year results before making any decision.

[johnrxx99] 09/5/2008 07:27

From todays statement:

Summary

Our performance remains in line with expectations and the Board anticipates
being able to report continued progress in the year.

There have been no other material events since the announcement of our annual
results on 11 March 2008.

[lendmeafiver] 08/5/2008 21:56

John

The only information that I have looked at is the recent report & accounts from the company, Im sorry that my analysis of the historics is so poor but I do not have the information available to me that you have, my concerns I think are valid i) the major shareholding director has all but bailed out selling circa £2m of shares net after small purchases afterwards ii) does have significant debt with considerable repayments this year iii) on current earning is trading on a very high multiple iv) has some US exposure v) has even more building/construction exposure vi) little balance sheet value vii) poor operating cash flow generation. I do however like the infrastructure sector which is why Im interested in this stock but think its way overvalued. But thanks for attempting to answer my "moronic" questions

[johnrxx99] 08/5/2008 13:02

pizza3 - 8 May'08 - 05:27 - 265 of 267 (Filtered)


barniebear - 8 May'08 - 06:54 - 266 of 267 (Filtered)


pizza3 - 8 May'08 - 06:56 - 267 of 267 (Filtered)

[pizza3] 08/5/2008 06:56

you can cross what you like ..LOL!

£1

[barniebear] 08/5/2008 06:54

johnxx99

You forgot to mention cash for increases in business in place for the next 5 yrs. Now if a T/O were on the cards (but it is not at the moment) this c/o hils would command a price of over £6 per share.!! With cash heavy housebuilders shutting up shop (stopping building houses)who knows they some might run the ruls over hils (average growth 30%) Fingers crossed.

[johnrxx99] 08/5/2008 02:27

By the way, where is the reference to management bailing out taken from. Have you got the right company? If you are referring to director sales in October 2007, it strikes me as a very good move at the top of the market. Dont suppose you noticed the purchases shortly afterwards at a much lower price.

But dont suppose you would being morons.

[johnrxx99] 08/5/2008 02:19

Oh yes, and up 30% since February. Hope you're short, lol.