Hss Hire Share Discussion Threads

[bc4] 18/2/2021 09:50

Same old stuff from smelly on every BB board YAWN

[qsmeily456] 18/2/2021 09:39

Swamped in debt and a terrible online footprint. Needs to transform and needs cash to do that.

Dilution expected perhaps

[manics] 17/2/2021 08:07

If we're coming out of lockdown, then this is going to a 2 handle surely.

[yorked] 16/2/2021 09:02

Picked up a few yesterday, now have 200k with a breakeven price 11.60p.

[dealy] 10/2/2021 09:46

No volume today. More news on the cladding problem today. At least 5 billion will be spent fixing this. That's a lot of tools and skips from HSS

[red ninja] 07/2/2021 13:16

Investor's Champion (now free to read) :-

"The other AIM new arrival in January was HSS Hire Group (LON:HSS), the provider of tool and equipment hire services, which moved to AIM from the Main Market.

Weighed down by substantial levels of debt, HSS has struggled over recent years and its arrival on AIM coincided with a £53m fund raise at 10 pence per share.

For its most recent half year ending 27 June, a very difficult period for many businesses, sales fell 22% to £126m, with the pre-tax loss £12.9m.

Net debt at 27 June 2020 of £236.8m, including the capitalisation of c. £81.8m of lease liabilities, highlights the issues. The fund raise will thankfully have brought this down and a January update confirmed liquidity headroom in excess of £100m at the year end.

HSS recently restructured its operating model to accelerate its digital strategy, which appears to be showing promise, with revenues in the final quarter of 2020 at 94% of 2019 levels. They intend making further investment in their technology platforms which will allow the business to reduce its physical footprint and operate a leaner branch structure, focused around fewer depots and key branches. To support this initiative, it is partnering with regional builders merchants to maintain national coverage at lower cost.

We hope HSS will go onto achieve the sort of success enjoyed by Volex (LON:VLX), whose shares have climbed more than 400% since moving to AIM from the Main Market in January 2018."

hxxps://www.investorschampion.com/channel/portfolio/aim-new-arrival-swiftly-achieve-a-bonkers-valuation

Note : "xx" needs to be changed to "tt" in https:

[manics] 06/2/2021 15:09

As someone already mentioned this will get tipped somewhere "broad" soon.It's a business/brand people know, restructured, new strategy, lockdown & sentiment improving and people can see builders/construction are still busy for themselves. Classic bowl recovery from a big brand. Too good to miss imo.

[dealy] 06/2/2021 14:27

Despite huge progress on vaccination etc the summer is probably going to be another staycation. That means lots of DIY work and lots of construction activity to catch up on pent up demand / order backlog. All good for HSS

[diku] 06/2/2021 09:51

They are on constant furlough!...

[red ninja] 05/2/2021 09:13

I see Investor's Champion have this as one to watch.

[dealy] 05/2/2021 08:56

This cladding fiasco could provide HSS with a lot work

[manics] 02/2/2021 12:59

5.7m whale reported at 11.90.

[manics] 29/1/2021 14:00

diku: worth a punt here imo. 10p is a little harsh with the company recapitalised and trading well whilst demonstrably implementing tangible new strategy.

[diku] 29/1/2021 10:53

Back to 10p?...

[pictureframe] 27/1/2021 08:24

Still want 11.3 to buy though!

[dealy] 27/1/2021 08:19

give me strength with uk stocks. if this was on the Nasdaq it would trade at 2 x revenue

[dealy] 26/1/2021 08:55

small caps having a tough time. lockdown fears

[dealy] 22/1/2021 18:47

this was a lousy week for the small caps. Fears about the virus impact resurfacing. Crates opportunities though

[jock3636] 22/1/2021 16:20

Neither do IHe is talking nonsense

[baddeal] 22/1/2021 15:28

Most of the new shares went to existing major shareholders none of whom are selling and if you do the maths on the issue with the pre rights price and new raise shares would need to be c13p to break even so don't quite follow your logic

[derwent4] 22/1/2021 12:28

the people that paid 58 million for shares at 10p are obviously selling at a fantastic profit they will get back in as and when wouldn't you

[manics] 22/1/2021 11:49

Anchorman: "I immediately regret my (buying) decision"!HSS must play the game I suppose but everything I'm looking at says this should perform in the medium term.

[dealy] 22/1/2021 11:30

That drop to 10.60 today was absolutely ludicrous. it was 12.80 to buy yesterday

[manics] 21/1/2021 08:27

They will delay report and the why is: "to guard liquidity".

I just bought 81,699 at 08:19. Not showing but should do later.