Hss Hire Share Discussion Threads

[baddeal] 19/1/2022 16:52

Well hughes got his timing wrong on the way on so let's hope he has got it wrong on the way out....

[davebowler] 19/1/2022 14:27

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[salpara111] 19/1/2022 13:44

Not invested yet but finding all the large shareholding changes interesting!
Still dont understand Tosca selling now when it appears that with the refinancing the business has a much more promising future.

[baddeal] 17/1/2022 18:32

What's interesting here is that there is no rns yet for the acquirer. In itself this probably means the tosca stake has been spread about which I take as a positive as it's means share register is now much broader that it was.

[derwent4] 17/1/2022 18:18

nearly there

[philmac56] 17/1/2022 08:26

Two late sales reported today 13.6 million.

Two big sales from Friday recorded.

Tosca close to ending their sell??

TR1 due soon.

Onward and upward

[sphere25] 14/1/2022 14:37

Has he seen Tosca clearing and thought he better get back in quick too then?

Maybe that suggests there is greater risk reward here and a re-rating higher when Tosca clear out or at least clear out what they want. Perhaps a strong trading update coming too then?

Looking at the holding announcements Tosca cut from 11.84% to 10.94% on the 11th and Ravensworth added 2% on the 13th so if my math is correct...hang on...

...

...

So Tosca should be down to at least 8.94% as at the 13th without trying to unravel all the other big blocks gone through. If they are anywhere near 5% or under, I think the market will gobble the rest up and Tosca might even hold back some to lob at a higher price.

Let's see the next holding announcements on moves.

This has been tipped too. There are streams of buys coming in together. It nearly always means it has been tipped.

Price is trying to break out higher. I would love to be able to say we mimic that move in March-April last year, but I really don't know. It would be encouraging if we close at the highs here or push on through.

Talk about hope for HSS!

Right, I have said enough here. We all know the drill now. Don't want to be a parrot.

All imo
DYOR

[baddeal] 14/1/2022 13:01

Not the least bit strange imo. He wanted the capital losses from his holding crystallised

[philmac56] 14/1/2022 12:59

Alan Peterson

Well strange move on his behalf.

In Oct he sold his entire holding in the company, I think there was a quote he would buy back in when he could.

I do note he sold out at a slightly higher price, than he bought back in at!!!

Good news anyway to see a re purchase.

Gla

[ny boy] 14/1/2022 12:56

Onwards & upwards, stay patient for a gently recovery this quarter

[rumbers2] 14/1/2022 11:21

Sphere, Peterson sold all of his shares back in October vowing to buy them back when he could.He kept his word and did so yesterday.

[my retirement fund] 14/1/2022 11:20

vote of confidence and good to see interests aligned

[reidy66] 14/1/2022 11:18

TR1 rnsRavenworth increase

[sphere25] 14/1/2022 11:15

Chunky director buy here.

1.5m bought at 16.6p.

Nibbled a few more on that.

Encouraging.

Notification out for reductions by Tosca on the 11th Jan but not the big exchanges yesterday.


All imo
DYOR

[sphere25] 13/1/2022 17:06

Hi Tole and rumbers2,

You're both too kind :-)

I get things wrong too! And too many flashing lights in that social media world. Alot of drama on there too. I can't be doing with drama, had more than my fair share so happy to just post here now and again.

I will stick to ADVFN and posting anything that might be interesting. Then it is over to folk as to whether anything appeals to them in shorting the absolute hell out of what I bought.

So we have closed up 4.4%, which is very muted. That doesn't suggest Tosca are completely out. Either that or other sellers are taking the opportunity to sell some too.

Can't call it exactly. We will find out shortly via RNS what the exact situation is, but it is very significant activity off which price moves happen.

Looking for another strong trading statement (small forecast beat last time in November) and then a re-rating to at least 20p. I'll do the usual sell too early as per last year :-)

Hopefully this is the right call!

*Prays*

Ha

Onwards!

All imo
DYOR

[rumbers2] 13/1/2022 11:21

If Sphere were on social media he would have a huge following mimicking his every move. His light is well and truly hidden under this outmoded bushel. But long may he stay.

[tole] 13/1/2022 11:00

Good to see you in Sphere.. Agree that share price definitely appeared artificially suppressed by Tosca.I believe there is a good recovery story here anyway.

[my retirement fund] 13/1/2022 10:36

So that is the overhang well cleared then I think

[bc4] 13/1/2022 10:31

Level 2 massive now in favour of buys 735,000 vs 162,552

[sphere25] 13/1/2022 10:19

Taken a few. Might be early but let's see.

Hi Rumbers2,

I am not playing the takeover angle here. Just a short term possible overhang play where true price discovery could have been distorted by Tosca. If we look at where the price has traded earlier, it has tested 20p a few times, but with such a large holder at work selling aggressively into the market, it couldn't break through so maybe a retest of at least 20p when Tosca get cleared.

I am assuming trading is going well. The sector appears to be doing ok.

It looks like there is a floor at 15p for now where these buyers are coming in to try and clear out Tosca.

Let's wait for the holding RNS.

All imo
DYOR

Added a few more on that break of 16p. Book is building well here. Abit of a queue on the book so maybe they are close to being cleared? I don't know exactly how many are left to be sold of course.

[rumbers2] 13/1/2022 10:10

Even if Tosca do lob the lot, with Exponent still owning 33.8% and Ravensworth 27.5% (unreliable data) would you say the likelihood of this becoming a takeover target is less or more likely Sphere?

[hybrasil] 13/1/2022 10:00

Whats that 8% of the company changed hands today?

[sphere25] 13/1/2022 09:50

They're still at work selling in the market.

3 x 12.32m blocks have hit at 15p

That is a single 12.32m sold, not three lots of 12.32m sold as there is a correction in there. ADVFN need to flag those.

Further blocks hitting of 10m, 4m, 12.8m, 2.2m.

It looks like Tosca who have more than halved their stake which was about 26% toward the end of 2020. They have been selling down since the back end of 2020 with an acceleration in more recent months.

Surely an RNS to show their holding to follow.

Might be getting close to being cleared if more whoppers hit.

All imo
DYOR

EDIT 09:58

Further blocks hitting of 8.5m and 5.1m. Getting a little interesting.

EDIT 10:05

2x26.2m prints hitting. IF they get cleared today, 16p will be key to any upside move.

[baddeal] 12/1/2022 17:44

Don't see how they're out given the last tr1

[tomtum1] 12/1/2022 17:25

Tosca must be out at last