Hss Hire Share Discussion Threads

[dunns_river_falls] 30/6/2021 08:20

Materially ahead. Always good to hear

[my retirement fund] 11/6/2021 18:59

looking good

[my retirement fund] 08/6/2021 16:28

Could be a good trade if it rinses and repeats but will it?

[yorked] 28/5/2021 11:56

Quick recovery from recent drop to 16p and now ready to break 20p again

[knowing] 25/5/2021 08:49

Hopefully HSS will also have seen a significant pick up

[red ninja] 20/5/2021 13:48

SP appears to be stabilising, but the market appears quite volatile so it's anybody's guess were this finds support.

[sbb1x] 20/5/2021 12:14

Bounce of 12p ?

[my retirement fund] 29/4/2021 08:21

Could be paying a dividend as early as next year

[stabilo123] 29/4/2021 08:11

On track with 2019 revenues already. Brilliant

[my retirement fund] 26/4/2021 13:55

Doubt it will look pretty due to the investment. Saw one of their vehicles today with the new livery, very eye catching.

[bc4] 26/4/2021 07:40

F/Year results this week

[my retirement fund] 21/4/2021 15:53

Expect this will fall back to 15p

[bc4] 19/4/2021 18:33

Well topped up 2 x 50 ,000 at under 21p bargain to me, but both delayed to look like sells

[manics] 19/4/2021 16:08

This is what I thought would happen ....at 16p!

[reidy66] 19/4/2021 15:46

Large spread also from a buying POV

[lancasterbomber] 19/4/2021 15:33

Why the big drop?

[stabilo123] 15/4/2021 17:40

Well if i bothered looking at previous RNS it would have helped rather than listening to others. 134 branches planned to close with 300 employees gone. This could be easily £10M of overhead savings yet the sales staff say they are busier than ever! I think we could be seeing 30-40p very soon.

[bc4] 15/4/2021 11:02

Looking very strong

[stabilo123] 14/4/2021 16:11

It's not just results. The earnings now going forward do not have the overhead associated with 40 odd branche, these being closed as the online kicks in. Think on how many million this saves through heads and premises leases. We could be talking £5-£10m but yet sales booming! Could be a cracker this

[bc4] 14/4/2021 08:50

F/Y results here in about 2 weeks should be very encouraging

[topnotch] 11/4/2021 13:42

All sounds very promising but the fundamentals need to be reflected in the share price and I like to think of S/P in best case (32p) and worse case (10p) scenario so I can revise my risk/reward ratio accordingly.

If the best case scenarion is 32p then as we approach that level the risk/rewards do not become viable and I will probably offload around the 27/28p level.

If the best case is 50p then I will continue to hold until we hit around 46p.

Just my investing philosphy...

[bc4] 11/4/2021 10:11

Just for those that missed them the last 2 updates looks good to me hope this helps topnotch

14 January 2021

HSS Hire Group plc
Alan Peterson OBE, Chairman, commented today:

"The Company has recently restructured its operating model to accelerate its digital strategy and I am delighted to say is performing well, delivering trading revenues in Q4 2020 at 94% of 2019 levels, with December at 97%, and maintaining strong liquidity headroom in excess of GBP100m at the financial year end. This strategy acceleration supports the Company's ambitions of providing the most advanced, customer-centric offering in the UK asset rental marketplace with admission to AIM enabling greater flexibility as we continue to implement change and drive profitable growth."

HSS Hire Group PLC
07 April 2021
HSS expects to report its 2020 full year results week commencing 26(th) April 2021 and confirms that trading for the year was in line with management expectations. The Group has seen encouraging momentum during the first three months of 2021 and EBITDA for the period to 3(rd) April 2021 is comfortably ahead of the comparable prior year period.

Steve Ashmore, Chief Executive, commented:

"Over the last four years, we have made substantial progress against all three of our strategic priorities: to delever the Group, transform the Tool Hire business and strengthen our commercial proposition. During this time we have transformed HSS to a modern, agile, technology-driven business, improving trading, reducing cost and increasing the overall profitability of the Group. Today's announcement is another step forward on our strategy, enabling us to increase focus on our core Tool Hire business.