Share Name Share Symbol Market Type Share ISIN Share Description
Hss Hire Group Plc LSE:HSS London Ordinary Share GB00BVFD4645 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -1.40 -5.43% 24.40 95,271 14:05:34
Bid Price Offer Price High Price Low Price Open Price
22.00 24.40 25.20 23.20 25.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 328.00 -5.79 5.12 4.8 42
Last Trade Time Trade Type Trade Size Trade Price Currency
15:09:56 AT 390 24.40 GBX

Hss Hire (HSS) Latest News (2)

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Hss Hire Takeover Rumours

Hss Hire (HSS) Discussions and Chat

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Hss Hire Daily Update: Hss Hire Group Plc is listed in the General Retailers sector of the London Stock Exchange with ticker HSS. The last closing price for Hss Hire was 25.80p.
Hss Hire Group Plc has a 4 week average price of 23.20p and a 12 week average price of 23.20p.
The 1 year high share price is 44.40p while the 1 year low share price is currently 22.20p.
There are currently 170,207,142 shares in issue and the average daily traded volume is 20,435 shares. The market capitalisation of Hss Hire Group Plc is £41,530,542.65.
hybrasil: Very pleased with the results of the strategy review. Share price so shot at the moment that it can only get better Good brand.
hybrasil: The share price (22p ish) prompted me to go and look at the figures. The people who made money here are the people who managed to float this. Its worth negative yes negative £54m if you take out the intangibles. So if you were to buy the company at todays low price for £39m. You get nothing - yes diddly squat. Thats why there hasnt and imo wont be(en) a bid.
strategicinvestor2: Take over - do others expect to see consolidation and maybe HSS and Speedy merging, talking again as has been rumoured by Sky ? Seems common sense for both parties to massively increase profitability and assets utilisation. Let's hope stubborn management doesn't ruin the day. Also could Ashtead launch a take over for HSS ? Wherever this heads I think HSS shareholders will make massive gains from where share price is today IMHO dyor. Time will tell .....
strategicinvestor2: Creditors look at longer term cash flow to ensure they get their money back - HSS should have no problem there with a strong EBITDA. I suspect HSS intangible more than justified based on discounted cash flow valuation. Share price being so low makes it risky but reward could be a doubling in the medium term to about half issue price ....
kingston78: May I say that those who make the most profit (% wise)have the foresight by going long or short depending on the respective situation well before the share price moves. Followers still make profit but to a lesser extent, however, a profit is a profit and should not be sneezed at. There is really no scientific way of determining where exactly a share price will end despite employing sophisticated computer charting software. It will only tell you the trend, which at some point may reverse. There is a limitation of loss when buying shares outright, or in optionable stocks when buying put options. Going short using spreadbet or CFD could lose you a lot of money unless you are very disciplined and using stop loss. People going short on Glencore when analysts had been writing the shares to be worthless just as it took action to clam the market causing its share price to rise significantly on consecutive days must have burnt the fingers of many shorters. Events can be very unpredictable. Trends can reverse very suddenly and sharply. That is why I have invested in HSS in a small way because I am cautious about its outlook but the risk / reward ratio is in favour of an upside.
kingston78: If HSS performs as well as Speedy Hire in the latter's recent trading update the share price of HSS will rise by 20% to the 70p I reckon.
kingston78: Businesses, good or bad, including giants like supermarkets and miners, go through cycles. So long as they can manage the cash flow effectively they can see through hard times. All they need is a steady pair of hands at the top. Witness the recovery of share price in Sainsbury's today. It has been pointed out by analysts that the problems associated with Speedy Hire and HSS Hire are company specific. There are profitable quoted companies in this sector. I am sure that the senior management of Speedy Hire and HSS Hire can learn from their competitors. It is not as if the tool hire market is shrinking. It is how you manage the costs and grow revenue in tandem that matters. I know it is easier said than done, but I trust that these people will find a way round it. It is true that the floatation price of HSS Hire was way too high. But I think that its current share price offers an attractive upside in 12 months time. I don't think HSS Hire is going to go bust, far from it. It takes a long time to build up a business, and it has the assets. If it does not perform well, it will be taken over by a competitor or by a private equity fund. I suggest that this is the right time to buy these shares when many people are shunning from them.
kingston78: I acknowledge that the share chart is poor and is on a down trend, but the down trend has now stabilised. I also recognise that there has been mismanagement of the business and the business model may not achieve the desired result with ambitious expansion, which if it goes wrong, digs themselves a bigger hole. Purely looking at the share chart, the decline from 210p is significant and has gone down in stages. I would point out that we are now at a critical juncture. It is hard to say whether the share price will recover or fall further from here. Either way, the move will be big. I am talking about 50% movement from the current level. There are two big falling gaps, the latest one from 140 to 100. A gap in a share chart will ultimately be filled unless the company goes bust or continues to under-perform. In other words, with a good management and/or improving economic situation the company will recover one day. Also, market sentiment makes a big difference. If the share price were to go down to 30p, I suspect the company will be bid for. Someone will pick it up on the cheap. Alternatively, if there is a change of senior management the share price will be likely to go up from here.
kingston78: Market Makers always try to keep a square book, especially when the market or a share is falling. They mark down prices more than usual to discourage sellers. They certainly don't want to buy shares from you if they see the price fall further. Conversely, prices tend to go up very quickly on a tight squeeze if buyers return. MMs are happy to buy from you in the knowledge that they can sell your shares at a higher price. They encourage buyers by pushing up the share price. The share price of HSS has steadied after a terrific fall. Yesterday's and today's price action tells me that the falling trend has stopped. There is a gentle signal that the trend is now reversing. Experience tells me that the herd instinct will follow. I conclude that HSS is now heading north and will jump up by 15-20% very quickly. It may take a little longer for it to reach my target of 100 p. Good luck to all holders.
paulypilot: I bought some Lavendon (LVD) today - its results were good, and the PER of 9 looks far cheaper than HSS, considering it has a strong Bal Sheet, and decent divi yield. HSS looks cheap if you ignore the debt, but adjust for that, and it's not cheap at all. Why buy into basket cases like HSS & SDY, when there is a better & cheaper alternative in companies like LVD or VP.? They seem much better managed businesses too. Trouble is, people "anchor" to the old share price, and think that just because something like HSS has dropped two thirds, that it must be cheap. Actually, it was just far too expensive originally, and now that its performance has tanked, everyone can see that it was dressed up for the float, in order to maximise the price that new shareholders paid to allow the PE guys to realise some of their gains. Regards, Paul. (no position in HSS, VP., or SDY, long of LVD)
Hss Hire share price data is direct from the London Stock Exchange
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