Hill & Smith Share Discussion Threads

[joshuam] 16/1/2019 08:02

Why the negative opening again, are they hoping to get some shares on the cheap

[dave129] 28/12/2018 18:55

Tip of the week on the ShareCentre website - but i doubt that's enough to shift it this much!
www.share.com/investments-and-recommendations/share-tips-and-search

[keyno] 28/12/2018 16:18

Today's rise suggests HILS might have been tipped somewhere. I hope so anyway.

[rimau1] 22/11/2018 07:31

Reassuring update after the profits warning in the summer. I was a little worried as warnings often come in 3’s as they say! Happy to hold and add on any dips.

[rimau1] 29/10/2018 09:02

I have taken a position now, looking for an infrastructure budget boost to boost confidence in this oversold stock. Perhaps more short term pain to come with delays and uncertainty but long term structural drivers are intact

[mamcw] 27/9/2018 09:17

Stock price very weak. I'm smelling another profit warning / downgrade coming soon.

[mammyoko] 04/9/2018 15:04

Added her. Two-year low. Warning was mild and fixable not severe and permanent. Quality management, solid business and plenty of opportunities. Will be back at £15 within two years

[redartbmud] 15/8/2018 07:55

Large share price falls at engineer Hill & Smith (HILS) are a huge over-reaction and have presented a perfect buying opportunity, says Peel Hunt.

Analyst Henry Carver retained his ‘buy’ recommendation and reduced the target price from £15.50 to £13.80.

The shares are down 25% after the company last week reported a ‘tough’ first quarter due to poor weather and commodity price volatility.

‘We see this as a compelling buying opportunity,’ said Carver. ‘The miss just reminds us that after a phenomenal five-year spell, Hills is not bullet-proof, so we are basing our revised £13.80 target price on a price/earnings ratio multiple of 17.5 times rather than 19 times, which implies some 27% upside from here,’ he said.

[bothdavis] 14/8/2018 16:49

Had a great run with these, will keep holding, reinvest divis build up a larger amount of stock......long term hold......already held for eight years or so. Hav3 faith in the management apart from last hiccup shown good awareness of markets they are in....can't do anything regarding Brexit, market sentiment etc......

[smokybenchod] 14/8/2018 14:14

next statement is key for me. if there is no improvement from H1 update and the outlook is also weak i'm out. i'll hold until then.

[redartbmud] 13/8/2018 21:27

phil

Thanks for that. I am playing the long game for now.
My average price is well below £5 per share, so I have a bit of margin to play with.

[philanderer] 13/8/2018 17:52

Sold the rest of mine , along with a couple of others, first thing today.

Luck to holders.

[redartbmud] 13/8/2018 10:18

Didn't see that coming.

[redartbmud] 10/8/2018 13:01

phil
Thanks. Not you fault.
I looked quickly at Hargeaves Lansdown. They didn't quote a number for Berenberg's updated advice. Typical, Why publish half the story?

red

[philanderer] 10/8/2018 10:33

red , sorry my error, Berenberg new target is 1190p cut from 1610p

[redartbmud] 10/8/2018 10:13

Looks like the share price will be becalmed c£10.50 to £11.00, perhaps, in the short/medium term.
Pity Berenberg cannot backup their assertions with a price target.

[redartbmud] 09/8/2018 20:42

Some of the share price damage has been repaired, but a long way to go.

[philanderer] 09/8/2018 18:10

Sold half today to top up on SPX.

[miti 1000] 08/8/2018 15:04

nice call !!!

[joshuam] 08/8/2018 14:11

Strong support/ buys someone's not worried

[redartbmud] 08/8/2018 13:45

phil

You make a very good case. maybe I am wrong to think it is oversold at present.

red

[philanderer] 08/8/2018 12:25

Russ Mould at AJ Bell said investors were running scared due to the downturn in the company's outlook since May.

"This implies a longer-term downward pressure on demand, rather than a shorter-term blip relating to a harsh winter which the company would already have been fully aware of in the spring," he said.

"This looks a poor example of expectations management. The company should probably have guided full-year forecasts lower in May rather than expecting to make up the shortfall in the second half. Very often this is a recipe for a later warning down the line and so it has proved again."

[philanderer] 08/8/2018 12:16

Let's see if the directors put their hands in their pockets and buy a few.