Hill & Smith Share Discussion Threads

[savogi] 18/12/2003 14:55

This is from Robbie today

Nothing really tempting me one way or another today but I did top up and bought a few more Hill and Smith.

A kind reader reminded me last night that Hill and Smith enters the FTSE small cap index tomorrow and this should really help the shares - they have become much more liquid and institutions are far more likely to take note.

[bz4f8c] 16/12/2003 15:35

Agree hvs. That large buy must be institutions. I'm sure Mr Burns does'nt have that much 'pull'. Anyway, good news whatever the reason.

[hvs] 16/12/2003 12:22

Surely Robbie is not moving the price .It looks like institution/s buying in.

[hvs] 15/12/2003 13:44

thanks for the post.

[bz4f8c] 15/12/2003 13:13

Robbie Burns is back in again...



"First, I've gone back into Hill and Smith (HILS). I was watching it last week rising slowly and was wondering whether to get back in. And as I glanced at the screen I saw a 600,000 buy go through at 100.

That was more than good enough for me to decide to follow suit. After all, whoever bought those shares must have some knowledge or done some pretty thorough research to buy more than £600,000 worth of shares.

Sadly I didn't get the 100p - but I did grab 6,000 shares at 101.5p. Stop loss 94p target 120p. I reckon Hills will go to 120p at least - I've been through the reasons for buying before although last time I was disappointed and sold for a small profit. This time round I am quietly confident! "

So expect some more of his followers?

[hvs] 15/12/2003 09:56

Looks like happy days are here again.

[ptgint] 17/11/2003 09:17

Thanks Linhur

[linhur] 13/11/2003 19:16

PIGInt

Drifting down because increase in interest rates will reduce profits because of the high debt level.Also any increase in the level of the pound will hit engineers hard.

regards
linhur

[ptgint] 12/11/2003 17:26

Anyone got a view on why these shares are drifting down ?

[wipo1] 10/11/2003 11:34

HVS,

Yeah I don't have a problem holding some HILS, don't want lots of exposure but like you say nice yield and steady profits. Have a look at James Halstead I think this company should be at least worth £120-£130 considering its good profits yield and low gearing. Not a ramp, DYOR

[hvs] 07/11/2003 12:38

Very nice uptick today.

[hvs] 28/10/2003 21:07

wipo!,

What high debt level , they is paying their interest arent they ???

And very well covered with very juicy divi.

No probs here sit tight.

[davidruk] 20/10/2003 21:16

New at this game I followed Burns in to this one but having done some homework tend agree that it is worth holding on to. My only concern is the Board. These guys all seem to have so many jobs how do they get time to run this outfit properly?

[wipo1] 20/10/2003 12:42

I think maybe the high debt levels are weighing on this one, I can see a half point rise before the year is out.

[wipo1] 16/10/2003 15:15

Hvs -

Buying and holding small caps for the long-term seems to be a good strategy, but like you say "YOU HAVE TO BE PATIENT"

As for Robbie, well he seems to do well and pick decent winners and the odd duffer but I think he a bit too early(a bit like me!) I suppose you could argue he is supposed to be a frequent trader??

Best trading large caps, and keep small caps for the longer term.

[hvs] 15/10/2003 17:41

shuisky,

I donot think Robbies trades are enough to move a share price. If you look at his performance it not one to write home about.

Agree with you when you say buy good value small to mid cap stock with PE of 6-10 and good divi.Let patience take over then.

[shuisky] 15/10/2003 17:27

Wipo1, Very true. And in defense of Burns he does call himself a 'frequent trader'. What is more circumspect is why small retail investors follow him into small cap illiquid, large spread stocks? What's the point?

He sells out first, then writes about in the media and the punters who sell out get shafted by the MM's. Bizarre.

I hold this ( and stocks like Devro) to balance my portfolio, its far better value (and IMHO far more of a defensive play) than the likes of Tesco etc

[wipo1] 15/10/2003 12:14

Some points made there, it is silly to blindly follow tipsters advice. Robbie has probably only sold because he feels short term the funds could be used better elsewhere

A share for the more patient investor. Unfortunately at the moment people are back to buying very speculative stocks like TDM, SDL, AZM, YOO etc.

Hils is good value and now could present a buying opporunity, at the moment I am waiting for some newsflow and the price to start moving north.

[hvs] 14/10/2003 21:38

I agree ,

I for one have been holding for 5 years and will hold and maybe buy some and hold the lot for 5 more years.

The only negative with last result was borrowing not going down enough but that was well accounted with a big rise in debtors.

So I am not worried on this.

Can you get anything cheaper out here ?

Doubt it.

[anth21] 14/10/2003 20:34

Strange to hear Robbie Burns selling his shares!! Once he's talked the price up with all this 'Double the price' lark and people have tried to follow his advice.

In 12months time this share will probably be about £1.50(Not Robbie Burns speak..sorry). So all those who follow the leader and sell will miss out!!!

Basically, the results were pretty good. A nice dividend and increased government spending on infrastructure should hold the company in good stead.

The only problem is this share is quite volatile on small trades. Obviously this will benefit the share price if things go well.

[wipo1] 13/10/2003 18:42

I see that Robbie Burns from Frequenttrader.info has sold out. A few small holders have probably followed suit. I only hold a small amount now - I was not that impressed with results.

[hvs] 07/10/2003 20:15

No worrie4s here shisky,

Hold on tight to your shares and see what happens down the line unless off course you dont believe in investing and are a day trader.

Miracles take time.

[shuisky] 07/10/2003 12:07

Down nearly 4%, and AFAIK no major sells gone through, looks like there is a decent sized sale about to go through.