Huntsworth Share Discussion Threads

[laddi] 19/4/2006 12:58

Broker Recommendations - Wednesday 19th April 2006, 12:15 pm


Bridgewell has upgraded Office2Office (LSE: OFF.L - news) to buy from overweight and reiterates overweight on RPC Group (LSE: RPC.L - news) .
The broker says buy Vectura and has overweight on Sage Group (LSE: SGE.L - news) and Huntsworth (LSE: HNT.L - news) .

[oniabsta] 19/4/2006 12:21

Huntsworth 91 up 2
Bridgewell Securities 'overweight'; FY results due April 20

[laddi] 04/4/2006 12:53

The two Bloomberg News articles below are a few weeks old but the purchase by Lord Chadlington of a chunk of shares recently is a very positive indicator....


ARTICLE 1:

Top Insider Buying, Selling by U.K. Company in February
2006-03-01 15:03 (New York)


By Wendy Allard
March 1 (Bloomberg) -- Following is a ranking of the top 30 values
of U.K. companies shares bought and sold by corporate executives,
directors and officers in February. Company purchases and sales are
excluded from tables.
The figures are compiled from Financial Standard Authority
filings by Washington Service.

*T
TOTAL PURCHASES BY INSIDERS
Amount # of Avg.GBp
Tkr. Company Name Bought(GBP) Shares /Share
====================================================================
HSBA HSBC HOLDING PLC 1,122,502 118,564 946.75
EZJ EASYJET PLC 518,056 277,109 186.95
LSE LONDON STOCK EXCHANGE 292,140 36,000 811.50
ICP INTERMEDIATE CAPITAL GRO 280,600 20,000 1,403.00
JEO JUPITER EUROPEAN OPPORTU 243,000 150,000 162.00
HNT HUNTSWORTH PLC 232,500 495,049 46.97
SN/ SMITH & NEPHEW PLC 207,200 40,000 518.00
VIN VALUE & INCOME TRUST PLC 201,000 100,000 201.00
SRF SURFCONTROL PLC 114,162 97,407 117.20
CNGC CLOSE TECHNOLOGY & GENER 100,000 100,000 100.00
DDD DDD GROUP PLC 90,000 2,454,545 3.67
WHM WHATMAN PLC 81,900 60,000 136.50
ERM EUROMONEY INSTITUTIONAL 81,361 16,111 505.00
CHAM CHAMELEON TRUST PLC 65,500 50,000 131.00
TMN THEMUTUAL.NET PLC 63,773 143,800 44.35
DOM DOMINOS PIZZA UK AND IRL 60,750 15,000 405.00
KGN KENSINGTON GROUP PLC 57,206 20,340 281.25
CSW COMPUTER SOFTWARE GROUP 56,358 146,385 38.50
ATCG AT COMMUNICATIONS GROUP 56,230 263,000 21.38
IRG INDEPENDENT RESOURCES PL 56,172 93,000 60.40
GAS GASOL PLC 55,709 2,110,000 2.64
MAJE MAJEDIE INVS PLC 54,560 16,000 341.00
AMO AMINO TECHNOLOGIES PLC 53,300 65,000 82.00
REX REXAM PLC 52,500 10,000 525.00
MCRO MICRO FOCUS INTERNATIONA 52,239 282,308 18.50
IGG IG GROUP HOLDINGS PLC 51,063 25,000 204.25
PSN PERSIMMON PLC 49,635 3,553 1,397.00
SKP SKYEPHARMA PLC 44,237 304,300 14.54
ZOO ZOO DIGITAL GROUP PLC 43,740 1,214,000 3.60
PTS PATSYSTEMS PLC 41,500 300,000 13.83


TOTAL SALES BY INSIDERS

Amount # of Avg.GBp
Tkr. Company Name Sold(GBP) Shares /Share
====================================================================
RB/ RECKITT BENCKISER PLC 7,994,930 400,000 1,998.73
TSG TRANS-SIBERIAN GOLD PLC 4,819,000 425,000 1,133.88
DOM DOMINOS PIZZA UK AND IRL 3,092,245 2,290,552 135.00
CFN CAFFE NERO GROUP PLC 1,764,000 1,400,000 126.00
CBRY CADBURY SCHWEPPES PLC 1,667,250 570,000 292.50
RR/ ROLLS ROYCE GROUP PLC 1,382,417 3,502,075 39.47
STCM STEPPE CEMENT LTD 1,320,000 1,000,000 132.00
ATS ARTEMIS ALPHA TRUST PLC 1,306,750 629,759 207.50
CTR CHARLES TAYLOR CONSULTIN 1,166,400 324,000 360.00
AVZ AMVESCAP PLC 1,115,195 623,245 178.93
SDRC SCHRODERS PLC 1,082,750 100,000 1,082.75
KGN KENSINGTON GROUP PLC 1,068,023 398,351 268.11
DGE DIAGEO PLC 1,065,614 121,776 875.06
BOS BODY SHOP INTERNATIONAL 1,020,591 458,286 222.70
HSBA HSBC HOLDING PLC 989,100 105,000 942.00
QQ/ QINETIQ GROUP PLC 895,856 1,791,712 50.00
WLF WOLFSON MICROELECTRONICS 885,865 1,527,000 58.01
CCL CARNIVAL PLC 839,468 27,036 3,105.00
TSCO TESCO PLC 792,362 487,915 162.40
CNA CENTRICA PLC 791,478 270,776 292.30
BP/ BP PLC 732,338 564,257 129.79
ARM ARM HOLDINGS PLC 708,445 6,243,524 11.35
PSN PERSIMMON PLC 696,500 50,000 1,393.00
GPOR GREAT PORTLAND ESTATES P 624,000 150,000 416.00
NTG NORTHGATE PLC 560,000 100,000 560.00
SGC STAGECOACH GROUP PLC 547,200 480,000 114.00
GRI GRAINGER TRUST PLC 534,930 374,034 143.02
ITE ITE GROUP PLC 507,500 350,000 145.00
BKG BERKELEY GROUP HOLDINGS 491,364 42,989 1,143.00
IMT IMPERIAL TOBACCO GROUP P 488,802 197,325 247.71

T*

--Editor: Yap

Story illustration: For a graph of the FTSE 100 Index this year, see
{UKX GPO D }. For a listing of the best and worst performing
stocks in the index, see {UKX MRR 6 }. For all the insider
filings, see {NI IBS }.

To contact the reporter on this story:
Wendy Allard in New York at (1)[phone] or at
[e-mail]

To contact the editor responsible for this story:
Rodney Yap at (1)[phone] or at [e-mail]



ARTICLE 2:

UPDATED INSIDER HISTORY FOR HUNTSWORTH PLC [HNT LN]
2006-02-21 15:00 (New York)

-------------------------------------------------------------------------------
INSIDER REL TRADE DATE(S) T SHARES GBp PRICE(S) HOLDINGS
--------------- --- ----------------- - ----------- --------------- -----------

HUNTSWORTH PLC [ORD 50P] [HNT LN]

*CHADLINGTON, D 02/17/06 B 479,080 93.93 2,683,617
*REID, TRACEY D 02/17/06 B 15,969 93.93 31,938
GOOD, CHARLES D 10/31/05 S 325,000 88.00 392,494

* INDICATES THE MOST RECENT FILING

TO RETRIEVE AN UPDATED INSIDER HISTORY ON ANY BRITISH STOCK,
TYPE TICKER LN CN WSA FOR ANY AVAILABLE NEWS ITEMS

FOR MORE BRITISH INSIDER TRADING INFORMATION, TYPE WSA

THE WASHINGTON SERVICE [phone]


Provider ID: H2760221
-0- Feb/21/2006 20:00 GMT

[ok,yah] 03/4/2006 12:24

Visibility looks good now see trading statement in feb

(AFX) - Huntsworth PLC, an international public relations group, said
its continuing operations are performing slightly ahead of market expectations.
In a trading update for the twelve months to Dec 31 2005 the group said it
will be proposing a final dividend of 1.2 pence for an increased total payout
when it releases full year results in the third week of April.
The company also predicts cost savings of 5 mln stg for a full year, well in
excess of the 2.5 mln estimated at the time of the merger with Incepta.
Since the merger, the enlarged group has been conducting a disposal
programme and it also announced today that it has sold Citigate Sard Verbinnen
("CSV") to its management for up to 20 mln usd in cash. This sees an end of the
post-merger disposal programme.
Chairman Jon Foulds said Huntsworth now has manageable and falling debt
levels and limited earn-out liabilities, which, coupled with predictable annual
fee revenues, should allow the group to achieve good organic growth, positive
cash flows and a strong profit stream in the years ahead.

[whealan] 31/3/2006 11:20

Laddi

Let's hope the results in 2-3 weeks' time are as transparent as can be as far as the going forward business is concerned. Otherwise they will be a stinker to unravel.

There ought to be an RNS shortly re the two large share transactions the other day unless of course there was no change in beneficial ownership or they were unconnected which seems unlikely.

[laddi] 30/3/2006 17:34

Hi Whealan

Not sure what is going on with the cross trades either albeit last time there was similar activity on HNT earlier in 2006 an institution picked up a large chunk of stock on behalf of an investor/investors.

Overall the chart looks very good, nice and solid base built and rising steadily on heavy volume, I expect a sharp move through £1 level soon (in my humble opinion) in advance of the results in third week of April.

[whealan] 30/3/2006 10:03

Approaching 6% of the issued capital changed hands yesterday, largely in two trades, without any noticeable effect on the price.

[whealan] 29/3/2006 13:15

I like it when big cross-trades go through. I just wish I knew what it meant.

[whealan] 20/3/2006 17:06

£1m worth being bought by someone today.

[oniabsta] 09/3/2006 20:06

From UK-Analyst.com: March 9th 2006

Public relations outfit Chime Communications delighted the market with a strong set of full-year numbers, beating its own expectations. Headline pre-tax profits climbed by 34% to 8.6 million pounds, from 6.4 million pounds as operating income climbed 21% to 63 million pounds. Earnings of 2.9p per share were sufficient enough to fund a payout of 0.48p. This left the shares trading on an historic price/earnings multiple of 13.9 times and yielding 1.2%. Meanwhile the strong performance has continued into the first quarter of the current year as Chime said it was optimistic over its future prospects. The shares rose 2.5p to 40.25p

[whealan] 04/3/2006 13:28

Markie7

You may well be right. I am basing my conjecture however on the fact that Huntsworth were talking to Incepta apparently 6 months before Incepta talked to Chime and so they were clearly all involved one way or another in what I see as the first step in a merger chain. But we will see, and I would think in the not too distant future, all other things being equal.

[markie7] 04/3/2006 12:58

WPP not investing significantly in the UK anymore, where most (but not all) of those two groups are domiciled. - I think that exit is unlikely. Publicis far more likely - they have basically no significant PR presence in the UK apart from 50% of Freud.

[whealan] 04/3/2006 10:53

You know my view that the game plan is for those two to be bought out together by WPP (which already owns 20% of Chime). Giving lots of retirement money to Chadlington and Bell, and I hope me. ADYOR etc etc

[jimcar] 03/3/2006 21:03

Its mentioned in todays IC. Can't link to the article but it is about the PR industry. The IC thinks the PR industry is doing well and that the main plays are Chime and HNT. There are a lot of quotes from Lord C.

[welsheagle] 03/3/2006 20:55

Maybe a bit of profit-taking after the small recent gains.

[whealan] 03/3/2006 16:23

RNS 15/2 : Preliminary results will be reported 3rd week in April.

A mass of small/tiny selling today which has driven the price down 5%. Smacks to me of a vesting date for some employee share plan or something similar? Any ideas?

[welsheagle] 02/3/2006 19:38

Results were out on 16th March last year.
Has there been any announcement of date for this year?

[whealan] 02/3/2006 13:45

Welsheagle

I am sure you are right about 120p at least on historic and that's without takeover prospects.. I really look forward to dissecting the 2005 figures & Chairman's/CEO's reports to see where we are likely to be going when everything has settled down. I am hopeful though. I don't think there is much more reshaping to do.

[markie7] 01/3/2006 21:04

I think the price has held up remarkably well considering they just lost (for basically nothing) the business that was the jewel in the crown of Incepta.

[welsheagle] 01/3/2006 20:45

Believe that the price to sales ratio is actual, rather than prospective, based on last years accounts.
Not sure whether cost of sales are deducted.
In any case if you look at the figures overall the share price should be nearer 120p, and any takeover would need to be at least this figure.

[whealan] 01/3/2006 11:01

Welsheagle

If the group achieves its target operating margin of 20% before central costs, which it is close to in much of the business, and for the purpose of illustration assuming that central costs would all disappear on a takeout by an international media group (which they wouldn't of course) a take-out p/e of say 15 on post-tax profits before central costs would give a figure of around twice revenue. Certainly 1 1/2 x revenue (after cost of sales) would be the minimum to be paid for a business with a strategic fit and often considerably more for one which is broadly based, well run and expanding as well. (DYOR). All mutatis mutandis of course with whatever assumptions one wants to use.

Interesting that price to sales ratio was 0.71, or about .8 today. Is this prospective and based on revenues after deducting cost of sales (advertising costs put through)?

[welsheagle] 28/2/2006 21:27

From February's 'Company Refs', when price was 88.5p:-
a/ Prospective PE ratio of 10.9 (based on four broker forecasts, three recommending 'buy', and one recommending 'overweight').
b/ Forecast growth in eps of 17.4%.
c/ Cash flow per share of 6.76p.
d/ Price to sales ratio of 0.71.
e/ Net asset value per share of 82.3p.

[whealan] 28/2/2006 14:36

andrewhbruce

Nile fine.

I didn't say there were NO intelligent readers of the DM, I was just surprised to find there were 25!

[andrewhbruce] 28/2/2006 12:19

whealan

how was the nile? sent you a message in a bottle from the source!!

if there are no intelligent readers of the DM, then it doesnt say much for hnt's prospects??????????

[welsheagle] 20/2/2006 21:07

Director/PDMR Shareholding

RNS Number:6695Y
Huntsworth PLC
20 February 2006

Huntsworth PLC ("Huntsworth" or the "Company")

Directors' Interests



20 February 2006



Lord Chadlington, a director of Huntsworth, has purchased 479,080 shares of 50p
each in the Company at 93.93p per share on 17 February 2006 representing
approximately 0.25% of the Company's issued share capital, which he has agreed
are transferable by way of forfeit to the Company's employee benefit trust in
whole or in part, if he should leave the employment of Huntsworth within 3 years
other than for a permitted reason as stated in the rules of the Huntsworth
Matched Share Plan . Accordingly Lord Chadlington has been granted an award
over 479,080 shares under the Huntsworth Matched Share Plan, in accordance with
the terms of that plan, which was approved by shareholders at the Company's
Annual General Meeting on 22 July 2004. Following this notification Lord
Chadlington is beneficially interested in a total of 2,683,617 shares (including
awards under the Huntsworth Matched Share Plan) representing approximately 1.39%
of the Company's issued share capital.



Tracey Elizabeth Reid, a director of Huntsworth has purchased 15,969 shares of
50p each in the Company at 93.93p per share on 17 February 2006 representing
approximately 0.01% of the Company's issued share capital, which she has agreed
are transferable by way of forfeit to the Company's employee benefit trust in
whole or in part, if she should leave the employment of Huntsworth within 3
years other than for a permitted reason as stated in the rules of the Huntsworth
Matched Share Plan. Accordingly Ms Reid has been granted an award over 15,969
shares under the Huntsworth Matched Share Plan, in accordance with the terms of
that plan, which was approved by shareholders at the Company's Annual General
Meeting on 22 July 2004. Following this notification Ms Reid is beneficially
interested in a total of 31,938 shares (including awards under the Huntsworth
Matched Share Plan) representing approximately 0.01% of the Company's issued
share capital.