Huntsworth Share Discussion Threads

[mctmct] 24/9/2011 14:36

Markie

The directors seem to be investing ...

[markie7] 18/9/2011 19:18

this is miles too high. a higher multiple than all the peer group, considerable and rising debt. yield too high, therefore will eventually be under pressure. only demand comes from buy backs....

and 2012 results still look very demanding even after huge downgrades.

[tom111] 17/9/2011 10:41

Bought back in Friday.If you follow the Media UK chart it is noticeable that that HNT has performed exactly in line with the chart.We may or may not be at the bottom of the cycle but now seems to be a good opportunity to step backin imho

[markie7] 31/8/2011 10:32

big downgrades here today. Altium 21% reduction for 2011, and 6% reduction for 2012. Price target drops from 89p to 65p

[qs9] 27/8/2011 10:19

Prefer CHW: debt free and in sports marketing growth market globally. Looks IMO much better valuation entry point as well. Any small hiccup on HNT and IMO it will halve. Debt is the worry and surprised it has not spooked the market more iMO. Watching with interest.

[drewz] 25/8/2011 08:10

Dreadful results.

[darlocst] 25/8/2011 08:08

Its the same with virtually every set of results with Huntsworth - disappointment but promise that the next set of results will be better!

Earnings below expectations due to margin squeeze, a clear profits warning without actually saying the words. Revenue growth forecast for the second half being pushed back in 2012 now as well.

With their focus on healthcare with minimal revenues from outside the UK I can't see how they are going to grow their earnings going forward.

Add onto that the large debt position and HNT look overvalued and very unattractive versus other listed companies in their sector (CHW & CRE I'd pick out).

[thorpematt] 25/8/2011 07:48

I like the tone BUT : Not sure the maket will like the cash position here this AM.

Find out shortly of course. (Not holding presently)

[qs9] 25/8/2011 07:47

Debt moved sharply higher with OP the other way. Great that 88% revenues secured for year, but still jam tomorrow on larger global a/cs. Be interesting to see if markets keep their premium rating to other marcomms groups...

[jeff h] 21/8/2011 13:42

Last weeks Shares mag reckons this weeks Interims are likely to prompt earnings upgrades.

[tom111] 15/8/2011 08:15

I think its lack of interest in small caps in general and there have been management changes recently which effects sentiment,good time to buy in mho.Ive just bought siv which also has been marked down severely yet was tipped in the FT recently.gl

[santangello] 14/8/2011 18:53

.......surprised there is not more interest/comment on these????

[santangello] 12/8/2011 18:19

.....you are not wrong there tom....

These should be trading around 75p minimum......and that's before results on 25th of this month..........

......pre results/ bargain hunting buyers appearing daily now.

[tom111] 12/8/2011 17:19

Just bought in again surely these are cheap at the moment

[santangello] 10/8/2011 08:43

Maiden purchase today....and very happy to do so....

[markie7] 04/8/2011 15:43

Senior changes at CDR....including departure of founder.

Michael Prest is one of three new recruits for Citigate Dewe Rogerson's financial practice as Jonathan Clare leaves the firm after 23 years.

Michael has been appointed to head up CDR's operations in the Gulf. He has a long background in financial journalism, covering energy and commodities for The Times and The Independent and more recently the exchange space and financial infrastructure generally for BreakingViews.

His career includes a spell presenting the business slot on Radio 4's Today Show and more recently five years as Chief Speech Writer in Washington for the President of the World Bank.

Reena Mavjee and Lubna Ashraf, meanwhile, are joining CDR's Investor Relations team.

Reena has spent the last six years as an equities analyst, first at Investec in the Small Cap Media team, then at Credit Agricole Cheuvreux covering European telecoms. Reena also spent two years at Mergermarket, researching M&A deals and private equity transactions.

Lubna joins CDR after four years at RBS; first in M&A followed by a year and a half in ECM. She has experience of deals in the UK, Russia and the Middle East across the Consumer, Natural Resources and the FIG sector.

Jonathan Clare, meanwhile, is stepping down as Senior Adviser to CDR and Deputy Chairman of Citigate Holdings after a career of nearly 23 years with the Group. He is expected to continue a limited amount of work with CDR clients but is also exploring new personal opportunities.

CDR Managing Director Patrick Donovan said: "Jonathan has made a massive contribution to the business over a very long period of time and he leaves with all our best wishes".

[tom111] 22/5/2011 12:14

At the resistance point again of 75p seems dificult to break

[jeff h] 12/5/2011 08:27

Prelims 23rd March 2011:-

"72% of our 2011 expected revenues are committed"

IMS 12th May 2011:-

"committed revenues for the Group are now approximately 80% of 2011 full year forecasts on a strongly rising revenue stream."

....seems positive to me...as does todays news of:-

"..has won over £15m of new business since reporting full year results six weeks ago"

Last years revenues figure was £174m so that's a lot of business to win in 6 weeks.

[markie7] 12/5/2011 08:04

average IMS - "heavily second half weighted". The growth here is all acquisitions, so need to be happy with debt pile etc. Also rating is way higher than peer group, mainly because they persist in buy backs, which only add to the debt

[connor23] 07/5/2011 11:54

Just been looking at taking a position here, but does anyone have any view on how this weighs up against Creston? On the surface CRE seems a superior investment to me based on the fact that they are debt free and have eps forcast of 12.3p for this year and circa 17p for next year (plus divi to be announced) at a current share price of 96p.

Margins look better here and I guess a lot will depend on how earnings enhancing the new acquisition is. I also like the fact that a lot of earnings are derived from the US, but not sure this all trumps CRE just yet.

Cheers

Connor

[jeff h] 04/5/2011 11:12

Bought some more at 71p today.

5%+ yield and P/E of 8 seems too cheap.

[jeff h] 03/5/2011 15:42

I bought some today. AGM next week and xd for 2.6p towards the end of the month.

I like the strong outlook statement for the current year:-

"...we remain confident that we are on target to meet management's full year expectations and achieve like-for-like growth of 7% plus during 2011."

Approx 9p EPS forecast for 2011 with a 3.7p div, so seems on the cheap side.

[whealan] 25/3/2011 19:57

tom111

Thanks. Don't know why I didn't see it.

Sketchy though, no Net Revenue figures that I can see

[tom111] 25/3/2011 17:39

Are we heading for 80plus again?

[tom111] 23/3/2011 11:39

full details were annouced at 0701am this morning after the results if that assists,dosnt look expensive.