Homeserve Share Discussion Threads

[copestake] 01/11/2011 17:44

Went in at 435 :'(

[the ballcock] 01/11/2011 15:32

are u short captain ?

[captain_kurt] 01/11/2011 15:25

This really is a awful company.
Expect more institutions and directors to sell into any dead cat bounce

[the ballcock] 01/11/2011 12:47

hope no one bought in at 355 pennies

[nasprey] 01/11/2011 10:56

double post - oops.

[the ballcock] 01/11/2011 10:44

their reputation has been tarnished, will they be able to recover. plus markets are in freefall after the greeks, neutral on all stocks at best

[nasprey] 01/11/2011 10:42

Homeserve really are a terrible company. As above I receive regular calls and letters from them asking me to "imagine myself landed with a huge bill for water repairs which I am responsible for". Their pushy sales staff try and scare you into buying, and as mentioned above I've heard numerous stories of people actually taking their cover, then when something happens they wriggle out of the claim due to a 'wear and tear' type clause in the contract. Waste of time and a terrible terrible company.

I have no doubts that the share price will bounce back here and i'm not touching it either way, but to anyone thinking of actually taking their cover, don't waste your time.

[was mejmillys] 01/11/2011 07:52

looks like analysts think they could attract bid interest at this level now. Get ready for the bounce back ladies.

[pamjim12] 31/10/2011 22:35

Indeed dean, die entscheidende Frage, mein Herr! Jim.

[killieboy] 31/10/2011 22:32

Bril - at least I wont get called up every evening over dinner by some spotty youth from Walsall offering to insure my drains!!!! HAPPY DAYS

[deanroberthunt] 31/10/2011 18:35

anything is possible but what is more probable....das ist die wichtiste Frage, mein Ober

[the ballcock] 31/10/2011 18:32

they cud lose loads of contracts, cud this be another CNT

[deanroberthunt] 31/10/2011 17:37

so even lowest revised target price is 20% higher than current share price ..

[was mejmillys] 31/10/2011 16:18

I think best to hold for the inevitable bounce back tmrw, big fall for a storm in a teacup. Still hefty broker targets remain intact:

Credit Suisse, has also downgraded Homeserve (HSV), and now has a neutral position on the shares, havng previously expected the shares to outperform their peers.

"Given the level of uncertainty we understand that negative sentiment is likely to be the dominant force in HSV's share price in the short term. However, our bear/worst-case scenarios suggest that a Neutral rating is a proper reflection of the mix between uncertainty and long term value potential. We do not change our forecasts at this stage but lower our recommendation to Neutral (from Outperform) and target price to 485p (from 570p)," the broker said.

[gottlieb jeger] 31/10/2011 16:13

got in at 329. Even a dead cat bounce from this would produce a quick easy return and HSV dont even look like a slightly poorly cat lol.

[pomp circumstance] 31/10/2011 16:08

Where are their call centres based?

[the ballcock] 31/10/2011 14:56

Date Broker Recommendation Price Old target price New target price
31 Oct Credit Suisse Neutral 343.30 - - Downgrades
31 Oct Panmure Gordon Sell 343.30 440.00 400.00 Downgrades
31 Oct Investec Buy 343.30 630.00 - Under Review
31 Oct Peel Hunt Sell 343.30 450.00 - Downgrades
31 Oct Charles Stanley Hold 343.30 505.00 505.00 Retains