Hyder Consulting Share Discussion Threads

[slogsweep] 07/2/2011 09:17

Is this still a bid target?

[slogsweep] 07/2/2011 09:17

Is this still a bid target?

[rivaldo] 07/2/2011 09:05

Anyone know why there's so much buying today? :o))

[melf] 04/2/2011 11:29

Anyone know why there's so much selling today?

[greenroom78] 03/2/2011 16:46

Rivaldo, yes we share a few. I have been put in a predicament where I need to raise some funds unfortunately. I have reassessed everything in my portfolio and picked a few that I cannot dare reduce or sell and GKP and AAAM both fall into that category. I do see HYC as a good solid portfolio performer and would certainly have stuck with it if I could. The ones that I have decided to cull at this stage are those steady growers as I feel I have more chance of getting back in when my liquidity improves again. Exiting one of AAAM or GKP could see me miss a much bigger spike making a re-entry almost impossible. It may be a more dangerous approach sticking by the higher risk sections of my portfolio but that is the route I have taken for now.

I think we also share AYM and LOQ both of which have avoided my cull for now, as I say though I do hope to be back into HYC in the not too distant future, provided the price doesn't run away from me that is. It will stay on my monitor and I will be back at the first suitable opportunity.

[rivaldo] 03/2/2011 16:27

New highs here now.

Good luck G78. It's never wrong to take a profit, but I feel there's a long way to go yet for HYC. We also share AAAM and GKP (and probably more!), so I'm sure I'll see you around.

[greenroom78] 03/2/2011 12:53

I'm out for now, the thought of all those unemptied waste paper baskets is troubling me.

More seriously, I am out. I have had a good run but have a few personal liquidity issues and need to raise some funds to take out of the markets. Hopefully I won't be out for too long and will look at HYC as a serious possibility for some of next years ISA allowance. Unfortunately needs must at present so I wish you all well if I don't get back in.
GLA

[rivaldo] 03/2/2011 12:41

:o))

Cheeky git Steve.

[stevemarkus] 02/2/2011 10:18

So they're looking for a binman. Well, I still hold, so I hope they find a good one!

Cheers,
Steve.

[rivaldo] 02/2/2011 07:33

Good to see HYC recruiting and expanding in waste recycling and anticipating bids etc:



"Our waste team, part of the Hyder UK Region utilities group is an expanding dynamic multidisciplinary team working in both the public and private sectors with a major focus on the management of household and C&I wastes.

We are seeking a Senior Waste Management Consultant to assist in the delivery of household waste service reviews and waste treatment and services procurement."

"More importantly applicants should have substantial experience and detailed knowledge of the management, cost and provision or procurement of household waste recycling services. Previous experience of compiling and delivering bids, managing clients and multi-disciplinary project management would be an advantage."

[rivaldo] 27/1/2011 08:41

QS9, perhaps 500p will come pretty quickly at this rate....and that would still only be a 2011/12 P/E of 11 or so, or probably ex-cash a single-figure P/E.

[qs9] 27/1/2011 06:25

Great, lets hope it can start testing a fiver soon!"

[rivaldo] 26/1/2011 19:16

And that's a new high - hopefully it'll hold tomorrow morning.

[rivaldo] 23/1/2011 07:27

Nice close bodes well.

HYC will be earning loads from planning work in Qatar at this rate, never mind the actual build-out for the World Cup. What a farcical organisation FIFA is.

[qs9] 21/1/2011 15:43

Testing new highs...

[rivaldo] 18/1/2011 14:49

Last year's IMS was on 2nd February, so only 2 weeks or so to go. Nowt more specific on their web site.

Given 21.61p EPS at H1 I'd fully expect HYC to beat consensus of roughly 40p EPS. It's then a question of by how much....

HYC could also have say £12m net cash or more by the year end.

[qs9] 16/1/2011 21:22

when is next update due, any followers/supporters of HYC have firm date? Thanks

[chrisb1103] 11/1/2011 18:43

Thanks Rivaldo hoping for a very positive IMS, and i wonder whether your suggested re-rating is now well underway? Either way great finish, be good to see us break out even further here.

[greenroom78] 11/1/2011 09:07

Strong break above 400p now it has finally broken.

[rivaldo] 11/1/2011 08:47

Chris, last year's IMS was on 2nd February, so not long to go.

I'd say a fair valuation here was a P/E of say 12 or 13. Adding in a little for the say £10m cash pile and HYC should really be trading at 575p-600p looking to the year about to start.

There's a possibility imo that HYC will beat expectations for this year (and maybe even for next year), but let's not count any chickens.

[chrisb1103] 10/1/2011 20:51

Looking firm here - lots of buying now above 400p. Hopefully this may pull away a bit now and see us comfortably moving up into the 400s. No reason why not, remain a very confident holder here. Anyone know the date for the IMS - due within the next 4 weeks?

[rivaldo] 07/1/2011 12:33

HYC is one of the value tips of the year in today's Money Week by Marina Bond, manager of the Rathbone Smaller Companies Fund.

Mind you, she's completely wrong about forward earnings - consensus EPS going forward is 44.21p, so the P/E is just 9, not 11....and that's before you strip out the net cash:



"Engineering consultant Hyder Consulting (LSE: HYC) is also well placed for improving economic conditions. Management has been restructuring parts of the business and improving cash generation. The key driver is Asia-Pacific, the group's most significant division: profits at the half-year mark were ahead of forecasts. There is also potential for further margin improvements within Britain and Europe, and Germany continues to recover. The UK water business should prove resilient with the next capital investment wave expected to gather pace next year. The rating is still attractive on 11 times forward earnings."

[rivaldo] 04/1/2011 15:08

Buying coming in at 405p - looks like it G78 :o))

[greenroom78] 04/1/2011 11:12

Happy new year all, 400p to hold this time?