Share Name Share Symbol Market Type Share ISIN Share Description
Hornby Plc LSE:HRN London Ordinary Share GB00B01CZ652 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.25p -6.87% 30.50p 30.00p 31.00p - - - 3,434 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 47.4 -9.5 -12.7 - 25.80

Hornby Share Discussion Threads

Showing 9751 to 9774 of 9775 messages
Chat Pages: 391  390  389  388  387  386  385  384  383  382  381  380  Older
DateSubjectAuthorDiscuss
18/10/2017
11:15
While there might be a future for their products from a declining number of die-hard (or diecast!) hobbyists, this business model may struggle to justify a market capitalisation much more than the current approx. £28m or indeed a Stock Market listing at all.
investorschampion
17/10/2017
15:29
He is at least the right sort of person for the job , not particularly a Rail specialist but has two assists in that area . The problem I see is the whole set up in trade and end user terms has been dismantled , whilst this has been going on many competitors have arrived in the market sucking money away from Hornby . They are no longer the go to manufacturer , the two most successful suppliers do not for example compete with their own customers . Good luck to him , hopefully he will be allowed to do the necessary and not have one hand tied by the majority holder . Kitchen sinking was to be expected .
holts
17/10/2017
14:24
Seems like the RNS has been taken in a very positive manner, or is there more going on behind the screens that involve LCD? I guess the RNS was put out there so there could be no ambiguity before any deal is struck,so that expectations are not exceeded, if that is the case at all.
clocktower
17/10/2017
08:24
LG taking decisive action and clearly standing no nonsense, and what is to be commended is reiterating a previous statement about the already known profit position but without trying to pull the wool over anyone's eyes by suggesting they might make up the shortfall in the current year. Hopefully, we can look forward to the investment in his successful business, LCD and a return to sound business practices together with profits 2018. No time has been wasted by him getting to grips with the problems and previous poor management so far, so hopefully we get a better RNS before long and see the share price move northwards rather than south. He will gain so much respect in the trade by ensuring that small retailers are no longer having to accepting paying much higher prices than the large retailers, whom the sold stock at below their costs to the company.
clocktower
28/9/2017
20:50
Prices are going up , why is that ? pound dollar is substance of the reply , really ? rate at last increase 1.23 , rate today 1.34 .
holts
18/9/2017
14:34
very little these days , what there is would be insured until now, the insurers will pull the plug if its that bad.
holts
18/9/2017
08:51
Let us hope HRN is not exposed to Toys R Us: hTtps://www.retailgazette.co.uk/blog/2017/09/suppliers-halt-shipments-toys-r-us-teeters-bankruptcy/
clocktower
13/9/2017
10:41
And another one bites the dust . http://www.telegraph.co.uk/business/2017/09/11/hornby-boss-steps-phoenix-tightens-grip/ trouble is in recent history just when you thought it could not get worse along comes another one with no 'feel' for the business.
holts
06/9/2017
16:37
HOLTS - Pity they do not listen to the independents, they are the core to any business and the wise heads. They know best attitude of the board, is the problem with so many companies and they actively work to destroy the small retailer, and only when it is to late realise and cost the damage done.
clocktower
06/9/2017
10:59
This is what they said on 21.06.17 - "The current financial year has started positively and we are well placed to achieve the Board's expectations for the year." So, one month later had there been any change which they did not share with stakeholders?
clocktower
06/9/2017
10:45
Back off the rails today, could the fall trigger the bid to buy the balance of the stock that Phoenix does not own. Only two months ago the board were saying the offer did not reflect an adequate premium for control and "Significantly" undervalued Hornby and its prospects. Well, it now looks as though they are a bunch of buffoons that are incompetent and have mislead stockholders, as one can only assume that sales surely must have slipped prior to those statements around two months ago. Clearly, should have taken the offer Phoenix made and come out with a small profit, the only hope now is a bid from a third party, or cut and run. Hmmmmmm
clocktower
02/8/2017
14:52
Looks like the trains starting to creep out the station today, how long before it reaches the express lines?
clocktower
31/7/2017
11:18
Since the expiry of the offer, few buy transactions have occurred but today sees a few small buys going through at above the bid offer.With so little stock available I guess it could jump substantially on further good news of profitability or an offer that would be unlikely to be refused by the major stakeholder.
clocktower
26/6/2017
12:06
HOLTS - From you last line suggesting that they have only improved a little leads me to guess you are a customer/retailer, that maybe the case but an improvement all the same, however small and at least a step in the right direction, even by recognition of the companies past failures is a positive imo. I agree with what you say but while they may not want the likes of Mattel to buy the business, if the price is right it would I expect be accepted. One of the things I took note of in the last accounts was - "Hornby, Airfix and Humbrol are three of our most profitable brands which are particularly strong in serving our important hobby customers. There are significant opportunities to further improve the performance of these brands by continuing to improve execution, recovering lost market share, increasing margin and improving the brands' appeal to new customers." With those Brands now being Profitable that now leaves Scalextric`s as the major loss maker as they also seemed to highlight - "The Scalextric brand primarily delivers slot car sets to consumers through multiple retailers and as such is a relatively low margin business. There are significant opportunities to improve Scalextric margins and to carefully grow volumes through improved innovation and marketing support." There clearly is little short term downside imo but if a bid comes a very quick uplift, and it could be significant. If a bid does not come at this time, it is likely that once the company publishes or forecasts a profit, the stock will jump anyway, as they wish the company remains on the AIM market.
clocktower
24/6/2017
09:46
They were simply obliged to make the offer under the rules just a technical event, I don't think they want the whole company . It equally certainly does not want to be bought by the likes of Mattel . It is a niche hobby business that lost its way simply because of the wrong decision in not buying the manufacturer when it came up for sale and then having to find a new one capable of doing the job . Trouble is this was not seen as the problem , it was compounded by bringing in people who knew nothing about this sort of business ,they made all the changes their MBA type degrees lead them to think were necessary , resulting in alienating their trade base , and dismantling many of the joined up elements that made the business work previously , which is still the case even now . They do have a quality manufacturer now , but at a premium , saying they have re connected with the trade base , not so sure , its improved a little .
holts
22/6/2017
14:44
At lot more upside to this yet I suspect: From todays RNS: "The Board considers that the mandatory cash offer of 32.375 pence per Hornby share significantly undervalues Hornby and its future prospects. The Board also notes Phoenix UK Fund's belief that Hornby should maintain its AIM Listing and its stated support for maintaining a board of directors that complies with the QCA Corporate Governance Code." How long before a formal bid comes along now that is acceptable to Phoenix is the crucial question.
clocktower
21/6/2017
12:26
http://www.investegate.co.uk/hornby-plc--hrn-/rns/directorate-change/201706211206307656I/ Canham gone.
clocktower
21/6/2017
12:16
No rush....the smell has only just died down.
gozo
21/6/2017
12:14
Agreed sinkyj but can the board now fend off a counter bid if one were to come? Where would that leave them and at what price would they be happy to move over?
clocktower
21/6/2017
11:52
Sounds like a win for the home team, CT. I'm sure the board will be happy. The employees maybe less so.. "Back in April, investors Ian Alexander Anton and New Pistoia, between them owning 20 per cent of the company, called a requisitioned general meeting (RGM), with two resolutions: to boot chairman Roger Canham off the board, and to elect Anton himself in his place.Canham is also non-executive chairman at Phoenix."
sinkyj
21/6/2017
11:50
gozo, maybe put it back in LWRF at some point in time. :-)
clocktower
21/6/2017
11:46
Have you sold?
gozo
21/6/2017
11:23
21 days is a long line to travel down, and one that regardless of the outcome a small profit is a profit.Game on all to play for now. Will the board be happy with this situation?
clocktower
21/6/2017
11:14
21 days worth of track left unless a counter offer emerges.
gozo
Chat Pages: 391  390  389  388  387  386  385  384  383  382  381  380  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20171020 23:28:52