Huveaux Share Discussion Threads

[broomsticks] 10/11/2006 11:22

Lol elmfield,

Teachers will still be involved in e-learning but lessons will be planned and delivered in a different format. For example there will be electronic white boards. Actually the term e-learning is a misnomer as what Huveaux will be delivering is blended learning, a combination of teaching and training. There will be teachers for the academic subjects and trainers to develop organisational skills in the workplace

Even though there is a blurred area between the two methods of imparting knowledge Epic is still capable of working across Huveaux's three divisions, which are Political, Medical/Health and Education.

With the introduction of learning credits education is not as dependent on the vagaries of the political budget as in the past. On the basis of more stable environment Huveaux is developing an interesting innovative business model.

I am watching with interest.

aimo, dyor

[bald sparrow] 10/11/2006 09:42

Pujababy, can you just give us a brief explanation what the article was about that you refer to in POST 319? In POST 317 you mention bid rumours. I've heard nothing, but I'm usually the last to know. Many thanks in advance.

[elmfield] 09/11/2006 14:02

I think the e.learning is really big news, who needs teachers? The scope is huge and Huveaux are right in the front, that is why I hold/buy. Excellent team to back,imv.

[broomsticks] 09/11/2006 13:55

This snippet of information may be of interest.

Title: HUVEAUX (HVX).

Date: 3/10/2006; Publication: Investors Chronicle;

Niche publishing has proved profitable for Huveaux, which has bounced back strongly from last year's profit warning. Acquisitions help explain the chunky rise in turnover, although sales also grew organically by 12.5 per cent.
Its two key acquisitions, Epic and JBB Sante, have been integrated into the learning and healthcare divisions, respectively, and GBP2.1m of associated costs were absorbed in the full year. Epic is an e-learning specialist whose expertise will be used across all Huveaux's divisions, while French healthcare publisher JBB Sante was acquired in time for the introduction of mandatory medical education in France later this year.
Huveaux's political arm enjoyed organic sales growth of 18 per cent as take-up of its political monitoring service, ePolitixPlus, continued in the UK and Brussels. Meanwhile, Huveaux is also delivering on its digital media strategy, which generated 28 per cent of turnover in 2005.
COPYRIGHT 2006 FT Business

What is really interesting in this article is,

"Epic is an e-learning specialist whose expertise will be used across all Huveaux's divisions.

Aimo, dyor

[foreigner34] 09/11/2006 12:36

PujaBaby, did you manage to find the article/ can you tell us what it was about? TIA

[pujababy] 05/11/2006 13:45

yup, sorry jlabry - i searched it on the NewsHound site and it came from MoneyControl.. i'm trying to find it but since i did a search for it i cant find it - so i'm trying now to look out for the reviews this weekend !
as soon as i get that article i'll post it - I should have copy pasted it straight away !!!! next time i won't wait !

look forward to this coming week ....

[jlabrey] 04/11/2006 10:44

PujaBoy - please could you post the article you refer to above... many thanks.

[elmfield] 03/11/2006 14:01

To those that wait come good things, lovely move today and high time!

[jlabrey] 03/11/2006 13:50

What's going on here?

[pujababy] 03/11/2006 12:53

i'll get the link and read yourself..... please wait.

also keep eye on this weekends papers !

Cheers !

[reynard46] 03/11/2006 12:17

What have you heard, Puja?

[pujababy] 03/11/2006 12:08

This is heading up !

Bid rumours will send it shooting to 80p +

IMHO

[broomsticks] 26/10/2006 17:15

A fair amount of movement today,

This could have something to do with it, in The Financial Times Ltd 2006.

"Thomson, the financial, scientific and legal data provider, has appointed bankers to auction its education division, prompting the biggest shake-up of the educational publishing market for several years."

The shake-up is the consequential result of the transformation of much of educational learning into an electronic format.

This is why in my opinion Epic is the lynchpin for Huveaux. It is central to the operation of the different divisions.

On the 13 October three of Huveaux's directors were granted Options at 52p per share.

dyor

[broomsticks] 24/10/2006 16:52

Signs of life today,

Full marks to Huveaux for making some smart moves; one of them is the forward planning by their Epic e-learning and training division. Epic had the foresight to predict and prepare for a need to educate and train companies in the interpretation and application of The Employment Equality (Age) Regulations 2006 which came into force on 1 October 2006.

Confusion reigns due to the many regulatory ambiguities. Companies across all spectrums are struggling to interpret the regulations. It is a task which it is imperative to get right or face potential legal recrimination.

The task is a difficult and onerous one as there is no other government legislation that companies can use as a guideline as Epic points out,

"it's crucial to recognise a fundamental difference between this piece of anti-discriminatory legislation and earlier regulations.
Unlike, for example, race discrimination regulations, the Age Discrimination regulations 2006 explicitly permit exemptions under the seemingly ironclad term 'objective justification'.
Clear-cut in the case of say, a firefighter. But this is the exception. The rule is riddled with ambiguity – in short, it awaits case law. All expert opinion expects a flurry of cases that will test the mettle of objective justification.
For example linking salary to length of service of over five years might be justifiable in terms of retention of staff. But, unless this 'common sense' defence can be supported by actual retention data to give the required degree of objectivity – the practice could exposé a department."



- phew


"the so-called idiot's defence, is not an option."

aimo

[bald sparrow] 24/10/2006 14:59

Some big trades today. Someone's confident.

[jlabrey] 21/10/2006 11:51

There is now a lot of consolidation activity taking place in the B2B publishing market at the moment and valuations are rising. Metal Bulletin, approach for Wilmington, takeover of Incisive Media and now Springer Media's approach to Informa.

Apax has set up an acquisition vehicle to consolidate in this market.

Huveaux is not only looking good value, there is appetite for further deals by the management. Recent acquisitions of Letts Educational Publishing and Leckie & Leckie look a sound fit. Gearing is fairly low at around 20%.

And this from The Telegraph in late September:-

Incisive Media, the business information group whose management last week bid to take the company private for £199m, is poised to acquire MSM International, publisher of Professional Pensions magazine, for an estimated £20m.

Incisive is understood to have beaten bids from rivals such as Huveaux to enter into exclusive negotiations to acquire MSM, according to banking sources. A deal could be announced before the end of the year.

[jlabrey] 22/9/2006 22:14

From yesterday's Times:

Corporate publisher Incisive Media rose 21.75p to 194.75p after agreeing to a £200 million bid from private equity firm Apax. Incisive's titles include Investment Week, Bloomberg Money, Insurance Age and the British Journal of Photography.

The price -- at only 17 times next year's earnings, and a 13 per cent premium to the admittedly speculation-inflated stock -- looked a bit cheap compared with other deals in the sector, such as Euromoney's bid for Metal Bulletin.

Some investors also noted that Incisive's board seemed to be doing extremely well out of the deal, selling two thirds of the their 7.7 per cent stake, retaining management positions and still ending up with nearly 12 per cent of the bidding company.

ABN Amro's team did not expect a counter bid, because industry buyers such as Informa are unlikely to want Incisive's odd portfolio, any predator would have to win the backing of the management team. "We would therefore expect the offer to go through, albeit unenthusiastically," it said.

Analysts were keener to talk about its rivals.

"We expect Incisive to become a vehicle for further B2B consolidation by Apax, which currently has nothing in this space," said Dresdner Kleinwort. "This is likely to raise speculation over all the other small players in this space. eg Wilmington, Huveaux etc."

ABN Amro argued that Wilmington and Centaur Media "stand out as the obvious targets, given significantly under-leveraged balance sheets, and in the case of Wilmington, the attractions of its position in relatively defensive growth markets."

Centaur (titles: New Media Age, Marketing Week) was unchanged at 119p. Wilmington (Tunnels and Tunnelling, What Van?) rose 3.25p to 193.5p and Huveaux (The Parliament Magazine) took on 0.75p to 51.5p.

[broomsticks] 08/9/2006 11:55

A few sells from stale bulls maybe, but buy volume picking up now.

As posted elsewhere it is interesting that the political animal which is Huveaux should acquire two more educators in Letts Ltd and Leckie and Leckie Ltd.

[elmfield] 04/9/2006 11:14

Good things come to those that wait, is this good bye to sub 50p?

[networker] 04/9/2006 08:59

Today's Letts acquisition looks sensible and the institutional placing underpins current share price. Trying in the last few minutes to mve above the 50p resistance level. Watching closely to see if it can stay there.

[jlabrey] 26/8/2006 21:03

It isn't really worth wasting our time, or yours, with comments like that.

[eurofox] 24/8/2006 17:58

bar room gossip suggests you are all being suckered in

[broomsticks] 15/8/2006 09:29

Some nice steady buying over the last few days has seen the share price hit 50p this morning.

Funds allowing I intend to buy more shares even though the spread is a bit offputting.

[cerrito] 13/8/2006 14:08

Agree with you Networker
Cannot see the midprice going above 49 in the next couple of months
Did not buy in the recent dip..put off by the large bid/offer spread..do not see myself buying more or selling what i have in the next couple of months

[networker] 10/8/2006 19:51

Encouraging to see the price tweaking north. Volume remains low, however, in spite of Axa holding a major chunk and increasing to nearly 20 per cent. Still look good value but need to try and break-out above 50p. This is not guaranteed at the moment and indeed 50p may prove to be a resistance hurdle.