Huveaux Share Discussion Threads

[elmfield] 02/2/2006 08:59

Blue start.

[elmfield] 01/2/2006 23:33

No reason other than I like what I have been able to find out. I think the market has been a little harsh, as the way I see it, they seem to be getting things right, a good set of results in March and the market should react well, 60-70P would seem like a realistic price in the not to distant future. I have a certain degree of faith in the team.

[ckafetz] 01/2/2006 23:24

any particular reason elmfield?

[elmfield] 01/2/2006 11:10

Am going to take a position,

[ckafetz] 31/1/2006 18:51

massive buys at the end of the day

[azalea] 31/1/2006 16:54

Some significant and positive trades today; especially if the 15:48 for 123k @ 45p, was a buy!

[jlabrey] 26/1/2006 18:29

I attended an e-learning exhibition at Olympia yesterday, where Epic Group re-launched. Very impressive. They have won the contract to provide e-learning content for Department for Work and Pensions to train pension trustees, a requirement under the Pensions Act 2004. This is being rolled out from January 2006 onwards. They are also developing content for PDAs. The Training Journal (part of Fenman) also exhibited. There are very many players in this market (the quoted ones include ThirdForce, AdVal and ILX). It's a growing area, and Epic seems to be a high quality play. There are many small players in the e-learning market, so there could be some consolidation.

Epic sales were slightly ahead of expectations in the last few months of 2005, as reported in the trading statement in December. Having seen them in action, I can see the synergies with the other divisions, particularly the political publishing division, are quite significant.

Re: the share price. With a 2007 prospective PER of under 10, these are not expensive. Also, compared to Incisive Media and Centaur (other high quality professional publishing companies), they have some way to go.

[cerrito] 26/1/2006 17:20

another very active(at least by HVX standards) with 2 transactions of 200,000 presumably sales

[cerrito] 25/1/2006 18:34

except for the person(s) who sold 200,000 and 250,000 shares late today

[bald sparrow] 25/1/2006 13:35

So, looks like everyone's just gotta wait til March...........

[bald sparrow] 19/1/2006 11:32

Neither am I, azalea. Hopefully a good month ahead.

[azalea] 19/1/2006 08:51

sparrow
Very interesting, a non benificial holding of this size has to be earmarked for greater things, either a significant rise in the share price on profit expectations, and/or corporate action. I'm not fussed which.

[bald sparrow] 19/1/2006 08:35

AXA have upped their holding to 16.32%.

[cerrito] 16/1/2006 17:51

ckafetz
cannot answer your question...the man who may also have the same question is the person who bought 485k shares....though I think it has been contaminated with the weakkness in the media sector
for me no reason to sell...not cheap enough to buy

[ckafetz] 16/1/2006 16:13

why does HVX always do this!!

[jlabrey] 13/1/2006 16:44

This is starting to look like really good value again at these levels, particularly given all the acquisition activity and organic growth over the last year. Certainly it is cheaper than Incisive Media and Centaur Holdings (its two closest mid-cap comparators), and there are greater prospects for growth. Not quite sure what the catalyst will be to get the share price moving though -- maybe just old-fashioned, consistent delivery. The share price has been stubborn and weak in the last year, although this has clearly delivered real value.

Of particular interest to me is the opportunity for cross-selling in the e-learning market across all HVX's divisions (the public sector is expanding hugely in this area) and for strategic acquisitions in the professional publishing division. I also wouldn't rule out geographic expansion in the medium term.

If targets and expectations are met, this will be trading on a pe ratio of around 10 next year with eps growth c.20%. The yield is a modest but dependable 2-2.5% and is set to rise further. The cash inflow to the business from all its operations could be substantial from 2007 going forwards, with relatively modest borrowings, negotiated on low rates of interest.

I would certainly expect this to be in the 60-70p range by the end of the year, and it would still be good value then.

[bald sparrow] 12/1/2006 11:11

Thanks for the explanation, boadicea. But I'm still surprised HVX are not up in the high 50's.

[boadicea] 12/1/2006 09:42

Sparrow - The deals look to be matched on a narrow (~0.3%) margin for the most part so would not have much market effect; both seller and buyer happy at that price.

[bald sparrow] 12/1/2006 08:21

Quite a few big buys yesterday........ and yet no movement to the share price

[3pilot] 09/1/2006 09:06

Had to bail on this one, too much resistance on the way up.

[azalea] 09/1/2006 07:45

Clearly gaining recognition as an undervalued stock, all we need is to see that view tranlate into a rising sp!

[ckafetz] 08/1/2006 22:15

Huveaux was tipped last Thursday. The day it went up a penny :





Charles Stanley's Small-Cap Picks For 06

Thursday, January 05, 2006 5:25:19 AM ET
Dow Jones Newswires



0907 GMT [Dow Jones] Small caps will continue to provide investors with opportunities in 06 but stock selection remains key, says Charles Stanley. Sees technology sector consolidation, whilst enterprise software and services should see overall spending growth of around 5%. Sees media remaining volatile with consumer confidence still weak. Sees continuing radio consolidation, more corporate activity in PR, development of mobile content side and expansion of independent television. Expects continued consolidation in Leisure. Picks AEA (AAT.LN) Compel (CGR.LN) Havelock (HVE.LN) Interserve (IRV.LN) Avanti (ASG.LN) Huveaux (HVX.LN) La Tasca (LAT.LN) and Wichford (WICH.LN). (DWE)

[jlabrey] 30/12/2005 23:36

Huveaux PLC
30 December 2005



Huveaux PLC (the "Company")

Notification of Change in Interest pursuant to
Part VI of the Companies Act 1985 (as amended)


The Company has been notified by Lloyds TSB Group Plc (Central Disclosure Unit)
that the interest held by Scottish Widows Investment Partnership in the Ordinary
share capital of the Company has reduced to 7,254,516 Ordinary shares
representing 5.175%.


30 December 2005

[3pilot] 28/12/2005 16:11

Nice one! will add if we can clear trading range

[azalea] 28/12/2005 15:45

Good news indeed, that's no mean recc.