We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hml Holdings Plc | HMLH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 36.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 36.50 | 36.50 |
| Top Posts |
|---|
Posted at 27/8/2020 13:29 by davidosh The offer document states that the largest shareholder has given a hard irrevocable undertaking to accept the Harwood bid. That practically seals the deal for the bidder as it cannot be changed for any potential competing offer that could have been made once other parties were aware that HML was to be sold.At APC another company where I held shares and Harwood came in a year ago to take it off market in a similar way it was different... The irrevocable undertaking there was soft .....Importantly the Chairman of APC had a Private Equity background & I’m sure sounded out the market to determine if the price was fair. Also, the irrevocable undertakings ONLY provided a lock-in for the Harwood bid up to 11p. If a competing bid had materialised 10% above the 10p level the undertakings would no longer be binding & the large shareholders would have been free to accept a higher offer. Even then investors stated 'So overall I’m disappointed to be waving goodbye to APC in this manner, especially after investing so much time & energy in researching, reviewing & meeting the APC team during the last few years.' The same is true here.....So why did the chairman and largest shareholder via LTC give a hard irrevocable without testing the market to see if a higher bid was likely to be forthcoming? It is not difficult to see a 10% higher bid coming forward if it had been an open market but this was closed off from the start.... This is destroying value potential for the 50% or so of smaller individual shareholders IMO and the independent non execs should have questioned this. |
Posted at 01/10/2019 14:07 by igoe104 Good stuff, this is the kind of company that could appeal to some investors. also noticed a couple of decent buys late yesterday afternoon. |
Posted at 01/10/2019 13:22 by rivaldo Excellent news davidosh, thanks. Hopefully just the first step, but should raise the profile nicely amongst private investors.And the price is ticking up already in anticipation :o)) |
Posted at 30/9/2019 16:51 by davidosh Well I have invited them to MelloLondon in November I do think they need to raise their profile with a wider group of investor or Chris mills will step in or even could be a tender like the one that happened on Friday at NTBR |
Posted at 16/7/2019 09:55 by davidosh Well...long suffering shareholders who have seen zero growth in the share price over the last five years may have an out ball if current management are unable to deliver the returns that investors deserve....Equistone Partners Europe Limited, a European mid-market private equity investor, has signed an agreement to acquire FirstPort, one of the UK’s largest residential property management firm, from Epiris and Chamonix Private Equity. The financial terms of the deal are undisclosed and completion of the transaction remains subject to approval by the Financial Conduct Authority. FirstPort, who, at The Negotiator Awards 2018 won the Silver Award and in 2017 a Gold Award, says its management team (pictured, above) will remain in the business to “pursue the same customer-focused strategy”. FirstPort manages 196,000 residential properties across more than 3,900 developments throughout the UK and the company works with developers, investors, freeholders – as well as over 200 Resident Management Companies – to provide services to leaseholders. |
Posted at 02/7/2019 13:25 by rivaldo Good to see 100% buys today (well, from 2 trades!).Investors will probably as ever take their cue from one of the tipsters who've noticed HMLH in the last few months, who will hopefully update soon following these good results. |
Posted at 22/2/2019 15:54 by outsizeclothes.com Although an interesting read, the Master Investor article bases it's case on HML continuing to buy to expand. We know that that hasn't led to value creation in the past 10 years. (ie £17m+ acquisitions total now = £15m company valuation)So why should it be different in such a compelling way as to justify his 50p price target going forward ? I'd much prefer to see them generate free cash flow organically and give decent divvys. |
Posted at 12/2/2019 14:10 by davidosh With so many investors clearly giving up on HML ever delivering what is needed here ?1. Action from Chris Mills ? 2. New management ? 3. A change in strategy ? 4. A bid from a competitor or larger property group ? 5. Concentrate on organic growth and pay a fabulous dividend instead ? Which would bring you back or attract new investors ? As a large holder getting more and more stale by the day I just wonder .... |
Posted at 17/1/2019 08:13 by graham1ty Shows how out of favour HMLH is. In the U.K. Stock Challenge, one of the largest competitions for stock picking, 412 people entered, each choosing five stocks that will do well this year. So, 2060 stock entries.HMLH got one nomination. In a sample of 412 investors, only one put it in their top five. Rubbish |
Posted at 29/11/2018 02:28 by davidosh With no shares traded and such a wide spread the management need to stop this failed business strategy of buying up smaller companies on big multiples of profit and with the basis of 1.25x revenues.Investors are clearly not interested in this failed strategy so they need to start building the dividend and paying back the cash thrown off in the way of dividends and occasional buyback to deliver a better return and boost the capital value of the company. If the share price does not at least return to the levels of two years ago then Mills or an external group will simply offer to take this future cash flow away from current shareholders. For that reason I am putting HMLH on my bid alert watchlist. I would like to meet management again to ask what their plans are to protect shareholders from losing the company at too low a takeout price and one which would deliver a dire return on investment over the last five years of acquisitive growth where revenues have more than doubled ? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
