Holders Technology Share Discussion Threads

[barnetpeter] 29/4/2004 13:28

Just checked. You can sell 10,000 Holders at 80p. You cannot buy 3000. On a red day, ex-d!

[barnetpeter] 29/4/2004 13:24

I hold FWY and this stock. Someone is buying Holders today and regularly if you look at the continued slow progress on the graph.

Forget the spread - if something is up you will get a quick 50% plus.

[mongrol] 29/4/2004 11:16

How on earth are FWY a similar type of business? Its an IT distributer. Holders sells chemical components for the manufacter of PCB boards.

[apcx] 29/4/2004 11:09

PS. Also the spread is a bit off putting

Regards

[apcx] 29/4/2004 11:05

Looked at this last month and clean forgot to get in before it went ex dividend !

Trouble now is my eye is swinging to FWY (similarish type of business) who I have far more knowledge of, previously having held the stock.

Short term I think FWY are the better prospect but long term who knows !

I should appreciate any comments/thoughts.

[hupper] 29/4/2004 10:54

Its very well run, I like the way the company pays off debt so quickly and generates so much cash - Very Rare!

What other missed stocks are you into barnetpeter?

[barnetpeter] 28/4/2004 18:12

Hupper - they went exd today and didnt move an inch. But then you only hit it big if you buy stocks that no-one is interested in. I remain confident about this company and the divi is a nice bonus too.

[barnetpeter] 27/4/2004 20:16

Total lack of interest in this stock. No problem at all. Ditto my threads on ASC (up 600%), MEF (up 300%) and CDW (up 500%). No posts for months on these threads.

Options granted today at todays price to the finance director I see; not at a big discount either.

Will go ex-d on Wednesday so perhaps a small fall.

"I believe the current year will be one of significant progress
as we realise the benefits of the acquisitions that have been made"

Buy them and forget them for six months. Then watch the crowds appear.

RNS Number:0357Y
Holders Technology PLC
27 April 2004

Holders Technology plc announces the Company has granted options over 25,000
ordinary shares in the Company to Jim Shawyer, Group Finance Director, under the
Company's Employees Share Option Scheme No. 1. The options were granted on 26
April 2004 and may be exercised at 80.5p per share between three and six years
from the date they were granted.

[popgun] 06/4/2004 08:31

Thanks for that - definitely one I'll look at more closely. Telco capex trends worry me a little with this kind of company but their small size mitigates that to a huge extent.

[barnetpeter] 05/4/2004 13:52

Popgun

1 This is a very small cap. It made £300k this year. The possibility of profits hitting around £1 million next year is not unrealistic. That would mean a PE of 3.5.

2 Correct. The markets for this type of product collapsed. It is improving now (it better be if you look at some of the PE's for the telcos).

3 We do not know but this is a rather conservative company, followed by very few. "Significant progress" is not something said lightly. I think they bought some of the competition at rock bottom prices that will look stunning in time.

The solid yield really is a bonus for holders (geddit!). Not one to move much but just the type of unknown, low cap stock that I love to find.

[popgun] 05/4/2004 13:38

There are some things I perceive as neutral/negative and would be interested in any comments on them, especially as I may be misperceiving them.

Current PE of 30. Say next year's eps were 6.22 as in 2001, that's a forward PE of 13. It seems high and demanding.
The three years 2000/2001/2002 showed steadily worsening turnover, profit and eps. Did they do enough last year to reverse the trend beyond one year's worth of better figures?
The three years 2000/2001/2002 showed steadily improving cashflow and then a slump last year. I assume this is due to acquisition but is all of it?

I know telcos haven't been spending in the last three years but is the declining turnover all down to that? Thanks for highlighting this one bp - it's gone on my monitor.

[barnetpeter] 04/4/2004 12:00

This is another tiny cap company, in the sprit of Caldwell Invstments, MEF and ASC that I put up last year, that has every chance of trebling over a 12 month basis. Valued at just over £3 million.

Firstly, it is a provider of specialised materials, equipment and services for the electronics and telecommunications industries. In the year to 30 November 2003, turnover increased by a strong 58% to #14.2m (2002: #9.0m) albeit most of the growth came from acquisitions made either at the end of 2002, or during the course of theyear under review.

The company made a pre-tax profit of #0.3m (2002: #0.1m loss). The earnings per share were 2.67p (2002: loss per share of 2.33p). Not to late to get the final dividend of 2.50p ( payable on 25 May 2004 to shareholders on the
register at the close of business on 30 April 2004. The shares will go ex
dividend on 28 April 2004).

So for your money, you get substantial and increasing sales in a growing industry, profits and a solid dividend of around 6.5%. As the CEO said at the last results:

"Last year we correctly forecast that the year would be one of
consolidation. I believe the current year will be one of significant progress
as we realise the benefits of the acquisitions that have been made".

"Significant progress" is hardly in the price at this cap and on those sales. A take-out bid is always posible but thats not in the price either.

Buying these shares is not that easy; about 5,000 is the usual maximum available at the market price of about 80p. They are definitely not a day trade but a solid investment that has a lot of upside and (in my view) almost no downside.

Check out the website at

Time to buy.

[paulypilot] 09/3/2004 20:43

Hi,

Nice set of results out today ...




Good to see return to profitability, balance sheet looking robust, divi maintained at a very healthy % yield (esp for those of us who bought at rock-bottom in 2002-3 !!)

Tiny NMS, almost impossible to trade though.

Regards,

Paul Scott.

[hupper] 06/2/2004 12:02

Anyone holding these, over £4m in assets on the books and supplying PCB equipment and consumables to a robust European mobile and electronics market and breaking into China. Been holding these for a few years thanks to the nice dividend. Comments appreciated .....

[simonjones123] 09/10/2003 10:26

A site worth checking:-



Its american but it pays uk users. I've had 2 cheque's from them in the last 2 months totalling $70 not bad for just opening my mails. You open junk mail everyday and get nothing. Get something back for a change!

Its not a con, try it.

Simon

[hupper] 10/9/2003 14:30

Two new shareholders have turned up taking a combined 17.73% looks like a bid may be on the way ?

[hugepants] 11/8/2003 09:12

This looks fairly optimistic, still heading north (by north east). Spread is still awful though.

[marcrobin] 30/7/2003 13:07

A site worth checking similar to themutual:-



Its american but it pays uk users. I got a cheque from them this morning for $50 not bad for just opening my mails.

Its not a con, try it.

M.

[tictac] 24/7/2003 16:47

xd 20aug payable 19sep

[irresponsible] 24/7/2003 08:21

The nice thing about the 363,040 trade was that it was followed by a price rise and not the usual collapse when there is a big seller of a small cap company. I think the xd was at the beginning of Sept.

[hugepants] 24/7/2003 00:28

thanks.
By an amazing conincidence the 363,040 trade (8.77% of the company) was exactly the same as Eaglet's remaining holding. I wonder who has bough them.

[jayboy4] 23/7/2003 10:18

when does this go ex div