Hyder Consulting Share Discussion Threads

[spot1034] 13/3/2010 07:37

Hyder is normally a 'quiet' share, but there is increasing speculation about possible M & A activity in the sector, possibly interest from an overseas predator looking to take advantage of the weak pound to snap up a bargain. I'd say it's more a case of 'when' than 'if' this happens, and it's just a matter of being in the right company at the right moment - HYC must surely be one of the potential targets.

[qs9] 12/3/2010 16:23

Decent perky end to the week, quiet for a while on this thread...

[qs9] 02/2/2010 16:40

agreed, this looks like it is heading further north IMO

[grigor] 02/2/2010 12:40

Dirt cheap

[v11slr] 02/2/2010 12:00

Panmure upped their target from 258p to 266p. Hardly worth doing imo, but the right direction nevertheless.

[wjccghcc] 02/2/2010 10:24

Added a few first thing at 208p. Looks like they're a bit more positive about next year than previously.

[cambium] 02/2/2010 09:10

Hyder Consulting PLC, the multi-national advisory and design consultancy, today
issues its Interim Management Statement which covers the period from 1 October
2009 to 2 February 2010.

The Group expects to report full year revenues and operating profit slightly
ahead of market expectations, after absorbing redundancy and other one off costs
of approximately GBP3m.

The order book remains strong, the slight reduction since the half year being
due to the scaling back of our work in Dubai and foreign exchange movements.
Significant projects won include:

· Hunter Expressway Alliance, Australia
· Iluka Road to Woodburn Alliance,
Australia
· Ashgal SCADA automation, Qatar
· Porthmadog Bypass highway design, UK
· Transport for London transportation
and urban design framework, UK
· South West Water developer services framework, UK

In Asia Pacific, our workload and opportunity pipeline in the transport and
property sectors are robust. We are working on a number of major infrastructure
Alliance contracts in Australia and increasing our share of the utilities market
there. Our landscape architecture and master planning business in China is
expanding and performing ahead of expectations. Regional operating profits are
substantially ahead of the previous period benefiting from sharper client focus
and operational efficiencies.

In the Middle East the Group has a longstanding presence in Abu Dhabi, Qatar,
Bahrain and Saudi Arabia where we have strong order books and are generating
further opportunities. In Dubai we have the distinction of being the Engineer
and Architect of record for the world's tallest building, the 828m Burj Khalifa,
which was recently opened. We are working hard to collect outstanding
receivables in Dubai and our debt and work in progress now amount to only
GBP9.4m across a range of clients. Operating profits for the region are slightly
below the prior period.

In Europe our results are improving following the intensive performance measures
taken in the first half year. In the transport sector we have a strong workload
and have recently started work on a number of Crossrail projects. The outlook
for the UK utilities sector is improving although the environment sector and
German property markets remain challenging. As expected the region's results
overall are well below the prior period after taking redundancy costs into
account.

In line with our strategy, we have continued to improve the market alignment,
differentiation of our services, and operational rigour. Over 70% of revenues
are earned outside the UK, and our geographical and sector diversification has
enabled us to achieve robust results. The resilience of our core markets,
improved key client relationships and strong order book gives us confidence in
our ability to grow operating profits in the year ahead.

[qs9] 11/1/2010 15:47

Well hopefully next IMS will confirm trading not as bad as the sellers who recently sent it sub-£2

[qs9] 11/1/2010 08:32

Blue again

[qs9] 08/1/2010 18:39

Thanks, tucked in at nearer the £2 mark and held my breath as was not sure whether oversold or something more -ve. Let's hope the recent uptick means that whatever seller was out there has offloaded. If it can break through the £2.25 region next week then IMO no reason £2.50 cannot be on the cards in short order.

cheers marvelman have a good weekend.

[marvelman] 08/1/2010 16:59

Need to be in one of these consultancies and this looks the strongest and with the least exposure (versus market cap) to its pension fund deficit.Worth sticking with on a p/e of 7 and modest debt.Good to see you here QS9.

[qs9] 08/1/2010 13:49

Looking stronger now, 10% bounce nice in last week...

[v11slr] 22/12/2009 20:51

Altium Upgrades Hyder Consulting To Buy Vs Hold

1241 GMT [Dow Jones] Altium upgrades Hyder Consulting (HYC.LN) to buy from hold. Thinks there is a good buying opportunity after Hyder underperforms the FTSE All Share by 18% over the past month and 11% in the past three months, principally due to concerns about the economic health of the Middle East. Notes that the Middle East accounted for about one-third of Hyder's revenue in the six months to September '09. Thinks it incorrect to view the Middle East operations as merely a short-term liability. Maintains 250p price target. Shares flat at 205p.

[stevemarkus] 17/12/2009 11:06

Dubai effect, I would expect. HYC still have an exposure there and some bad debt. Hopefully they will manage to collect some. WSP (WSH) had the same problem and commented on it in a trading statement at the beginning of the week, after which their share price slid a bit as well. I think on the whole though, their business is pretty healthy and they have good international and business area diversification. Also not much debt.

Cheers,
Steve.

[qs9] 16/12/2009 14:28

Unsure why continued fall, recent brokers have upgraded?

[grigor] 11/12/2009 21:33

Good results from Carillion, especially Middle East.

[davidwilkin] 03/12/2009 20:05

right on trendline and fall overdone - Reward outweighs risk imho QS9.

current pe of 7.

Ive traded this successfully from 75 - 282p dipping in and out but unfortunately dont have the funds to get back in this time - regrettably.

[qs9] 03/12/2009 13:31

Hopefully this is the bounce, may get back in....any thoughts anyone?

[davidwilkin] 26/11/2009 20:59

good spot grigor - right on trendline should bounce from here - shame my funds are now tied up after selling at 282p.

[yesrupnel] 26/11/2009 15:40

Share price down, perhaps down to worries over Dubai struggling to meet its loans and the rest of that area being depressed - maybe that small part of the Middle East will suffer for a few years - not sure - just a thought.

[grigor] 25/11/2009 20:30

Buy from GCI

[grigor] 30/9/2009 12:47

"North face of the Eiger" chart pattern

[stevemarkus] 30/9/2009 10:13

Very nice, and about time. Over £3!
Cheers,
Steve.

[qs9] 30/9/2009 09:23

Gutted sold out at much lower price and had not noticed the continued rise! Today's RNS however, looks like there is still much more to come, well done to all