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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +6.38% 25.00p 23.00p 25.00p 25.00p 22.00p 23.50p 177,747 12:55:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 342.4 -17.4 -11.2 - 42.55

HSS Hire Group Share Discussion Threads

Showing 726 to 747 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
18/11/2017
14:30
Carillion are not insolvent
dealy
18/11/2017
12:48
wonder if carrilion owe them any money?
ntv
18/11/2017
12:47
looks like they might bust it up to salvage what they can. maybe tosca can buy some good bits for themselves
ntv
18/11/2017
08:35
What is important is the future cash flows. If the company is in a good position (market share, locations, investments in facilities and processes etc) then the future cash flows will be strong and nd valuable. That is what a venture is all about
dealy
17/11/2017
08:43
dealy_ Remember the words of the late Sir Jack Cohen who built up tesco before the recent crooked management brought it down. "Turnover is vanity - profit is sanity" Turnover but making a loss is the road to Carey Street which is what is happening here - hybrasil - Thanks for doing the maths - As you have pointed out intangibles are usually worth nothing in a fire sale - which is why I have been waiting but not buying.
pugugly
16/11/2017
19:47
You get a business with future revenue and profits. According to tour model amazon is worth zero as well
dealy
16/11/2017
16:35
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.
hybrasil
15/11/2017
12:38
Toscafund must be nursing some very serious losses on this. They were repeatedly buying in a frenzy when these were £1 -£1.50 as i recall. Their only hope of rescue now is Speedy Hire. But who's to stop an opportunistic bidder taking out Speedy Hire right now leaving Toscafund totally marooned up Faeces Creek without a paddle. That really would be the final 'twist of the knife' in this whole tragic incompetent saga.
rumbers2
15/11/2017
12:09
DOWN ANOTHER 6% TO 26.75/27.75 - BUT ON LOW VOLUME - I do not think this is capitualtion yet - Major holders are (imo) locked in - Smaller holders possibly salvaging what they can Anyone got a handle of NTAV - ie Stipping out all debt and assuming creditiors are paid. I supect also some onerous lease liabilities - So at what price -- if any - whould anyone guess this might offer an upside ???
pugugly
14/11/2017
16:08
dealy - I wish it was but volume still too low (imo)
pugugly
14/11/2017
12:52
This looks like capitulated
dealy
08/11/2017
16:38
I see vp bought Brandon today. This has to be very cheap here- must be the chance of a pop
hybrasil
23/10/2017
19:27
Look at the debt - Horrible - Still further to fall (imo) and if bank rate increased to defend £ against BREXIT then potentially finished - that is for PI's -
pugugly
23/10/2017
19:05
All time low today. Pessimism overdone. So many small and mid caps in the uk are getting this treatment at present
dealy
13/9/2017
12:39
To be honest HSS are in my opinion over reliant on their Key Account business. The problem with the KA customers is that they get very cheap prices and transport charges and HSS also have to supply a lot of rehired eqpt where they have very little or no margin. They are making the same mistake that Speedy made....Speedy saw the problem and have addressed it HSS need to do the same
stu1210
09/9/2017
09:50
target price reduced to 30p IMO may still be too generous !! http://citywire.co.uk/money/the-expert-view-imperial-brands-barratt-and-sports-direct/a1046860?re=49036&ea=91476&;utm_source=BulkEmail_Money_Weekly&utm_medium=BulkEmail_Money_Weekly&utm_campaign=BulkEmail_Money_Weekly#i=5 HSS recovery not good enough, says Liberum First-half results from HSS Hire Group (HSS) has reinforced concerns Liberum has about the recovery of its earnings. Analyst Rahim Karim reiterated his ‘sell’ recommendation and lowered the target price from 46p to 30p after results that reported an underlying operating loss of £7.3 million, which he said stemmed from an ‘over-reliance on lower margin services revenues and a weak performance with its small and medium-sized enterprise client base’. At the time of writing, the shares were trading up 0.6%, or 0.2p, at 41p. ‘Although the company is expected to return to profit in the second half, the profile of this recovery in earnings is less sharp than previously expected and as a result we cut our full year 2017 earnings forecasts by 81%,’ he said. ‘To make things worse, the company is currently in the midst of refinancing its debt, all of which matures in 2019. We believe that the current valuation fails to fully reflect all of these risks.’
pugugly
30/8/2017
19:22
A key factor is the £133m senior secured notes due on 1 August 2019. Anyone contemplating a bid will need to guarantee these, or find a way of refinancing them.
jonwig
30/8/2017
18:45
I totally agree with your analysis Graham but one other factor in the equation is Toscafund, who have been fervently buying both SDY and HSS long-term, and from memory have at least a 20% stake in each. They have the support of one or two other major institutional shareholders too such as Schroders who last year supported Tosca in their bid to oust Speedy's Astrand. That's another 10% of the shares tops but combined gives them quite a lot of voting clout. Tosca will be fighting tooth and nail for a merger or takeover because If HSS goes to the wall they will lose an absolute fortune.Remember too Tosca now have their own guy David Shearer at Speedy to help facilitate the changes they desire.
rumbers2
30/8/2017
16:54
Got excited thinking Standard Life/Aberdeen were big buyers on the drop in price. But it is all due to their merger. Would Speedy buy HSS? Perhaps the better question is 'why would Speedy buy HSS?' If one of your competitors was in big trouble how do you take advantage. Well I think the last thing to do is launch a rescue take over bid. Drive your rival into the dust with a spate of special deals, cherry pick the major accounts. Wait until said competitor goes bust then pick up spare equipment and selected branches at a knock down price. Unfortunately I have rather more shares than I want right now. If a white knight is unlikely can HSS save itself? Some vicious pruning needed before the business bleeds to death.
grahamg8
30/8/2017
09:29
Speedy Hire could make an opportunistic bid for HSS, analyst suggests Neil Wilson, senior market analyst at ETX Capital said while Steve Ashmore (HSS Hire Chief Executive) is trying to turnaround the business, conditions remain challenging and investors are losing patience. The analyst added that perhaps it may be time to revive talks for a merger with Speedy Hire, which has made a recovery following a troubled few years with pre-tax profit of £14.4mln last year on a 12% increase in revenues. In its latest trading update Speedy said full-year results would be well ahead the previous year. “Diverging fortunes could bring the two together after a failed attempt back in 2015,” said Wilson. “An opportunistic bid could work, particularly with the market cap of HSS temptingly low.”
rumbers2
30/8/2017
08:21
jonwig: Thanks - I had not had time to cover the small print when posting above - Had been looking far more at teh business model which still seems broken - hence comment re receiver.
pugugly
30/8/2017
08:11
PUG - Negative tangible assets (£54m), though they say they have considered the loan covenants and are reasonably certain that they can continue as a going concern for the forseeable future. The key might be the £134m of senior secured notes which looks to me like a debt-for-equity swap if H2 doesn't show a marked improvement. I can't find any short interest here.
jonwig
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