Hornby Share Discussion Threads

[clocktower] 18/1/2018 09:17

Hornby showing at the Toy Fair at Olympia 23 Jan to 25th Jan - so if sales are good it is possible they might provide some feedback a short time after the show with luck.

"HORNBY HOBBIES is an iconic British Company which represents the most famous brands within toy, model and hobby markets Worldwide. HORNBY, a household name, is famous as the UK brand in model railways. CORGI is a stalwart of the collector market and in 1965 was the first ever winner of the UK Toy Of The Year Award for its James Bond's Aston Martin DB5, the iconic car, the sales for which has reached over 15 million. SCALEXTRIC is another icon and began as a clockwork powered race car system first appearing in 1952. It has since developed into a range of products for those young and old. AIRFIX produces plastic model kits of military and civil aircraft, ships, cars, figures and military vehicles. In recent years Airfix has developed QUICKBUILD an innovative range of “No Glue” models, unique to its category. HUMBROL is the secret jewel in the Hornby Hobbies camp. Humbrol represents a “rainbow of colours” and provides the hobby world with the most comprehensive and largest selling collection of paints, brushes and accessories."

What is also of interest is that to date the do not appear to have consolidated Oxford Diecast sales team with Hornby, as they are showing on a separate stand at the Toy Fair. One would have thought they could have made savings by streamlining the sales team and consolidating expenses in general.

"Oxford Diecast is a British based business that produces accurate scale models that are collectable, gift and souvenir. We design and manufacture over 1000 different model cars, planes and trains. "

Holts - I assume your are or were in the Trade - are you visiting the Fair?

[clocktower] 15/1/2018 15:00

It was less than two months ago that money was raised at 29.5p that would have put the company is a strong situation, one would have imagined - but look at where it is today and still sliding.

[clocktower] 15/1/2018 12:35

Certainly seems to have completely derailed but until we get some news as to how post Christmas orders have and are going, together with the news of how the recent changes have impacted the business the current drift in the share price is only due to the small amount of steady selling but all in all adding up to little in value.

Anyone buying even 100k - £25k worth,could have a huge impact on the share price it would seem.

[halogen] 06/1/2018 11:36

Such a shame hornby is dead in the water !

[holts] 22/11/2017 16:04

This seems a suspiciously low price for 49% of LCD so what we are getting for that will be interesting . Microlink industries became insolvent in 1997 so it may not all be perfection but LCD was split out of that at some point .

As far as a market goes , there is still one out there but Hornby have lost their biggest advantage in it was the go to product on their main range , not anymore , stupid pricing and stupid decisions .

[clocktower] 17/11/2017 15:10

Looks like a great deal looking at Oxford Diecast Limited Accounts to 31.12.16 with Net assets having gone up almost 25% and return on Capital of around 27.5%.

Clearly, the right person to lead the group.

[clocktower] 17/11/2017 14:44

Today's news provides a very positive message by way of obtaining 49% of LCD Enterprises, and funding at the closing price yesterday.

Having taken a brief look at the deal and Lock-in arrangements, it looks like a win, win situation for all concerned.

Seeing that Phoenix Asset Management Partners Ltd already own so much of the company, and are behind the deal, it is a forgone conclusion that the deal will be done on 5th Dec.

This could take off once complete and delighted that all qualified shareholders can take part in the open offer.

[pugugly] 11/11/2017 16:17

clocktower: Thanks for the link - Maybe it played well in the reseach and very PC but not sure how well it communicates the generic message John Lewis for Toys - Gifts that brighten their world. Though has a significant number of hits -

[clocktower] 11/11/2017 14:50

This years John Lewis add is a good advert for the Scalextric type of track and racing cars. Should help sales as it is just the sort of real toys all kids love, grown ups also Pugugly.

[clocktower] 09/11/2017 11:18

Pugugly, Back in the 80`s you would have said that about the filofax, and look what happened in the 90`s - it is not all about electronic toys/games, kids like to see, touch, open real versions of what they see on-line, in much the way as you buy real products that you see advertised in the media. It is all about good marketing and excitement.

[pugugly] 09/11/2017 11:02

I suspect a lot of truth in post 38 above - Market is broken - Teenagers now electronic not mechanical and older market dying out - Very similar in a way to the reason Stanley Gibbons market Stamps etc going out of fashion (general market) and becoming a growing smaller HNW niche collectable market. In neither case (imo) sufficient to support a quoted plc with all the necessary compliance costs.
Summary - For both coys - Dead rats - drop them. The cynic.

[clocktower] 09/11/2017 10:50

Huge announcement - Warley 2017

See the Huge H class 54 ton engine.



Do not under estimate the new man in charge and the possibilities about investment in his business.

[holts] 17/10/2017 14:29

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 .

[clocktower] 17/10/2017 13:24

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 07:24

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.

[holts] 28/9/2017 19:50

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 13:34

very little these days , what there is would be insured until now, the insurers will pull the plug if its that bad.

[clocktower] 18/9/2017 07:51

Let us hope HRN is not exposed to Toys R Us:

[holts] 13/9/2017 09:41

And another one bites the dust .



trouble is in recent history just when you thought it could not get worse along comes another one with no 'feel' for the business.

[clocktower] 06/9/2017 15:37

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.