Hydrogen Share Discussion Threads

[cjohn] 16/4/2018 12:33

Yes, I'd agree with you, Arthur.

There's very considerable downside protection here too.

[arthur_lame_stocks] 14/4/2018 17:18

I was pleased to see the reinstatement of the dividend, It's not much but it does kind of back up the outlook statement. They do seem pretty prudent with cash so I think if they weren't expecting a much improved performance this year they would have passed on the dividend again.

[cjohn] 12/4/2018 08:10

Still a buy at these prices after promising results.

[value hound] 10/4/2018 08:14

I'll revise my estimate down despite today's good results - to c. £16.5m / 49p. That would still factor in nothing for any optimism though.

[value hound] 23/3/2018 12:17

Same here - worth c.60p IMO.

[cjohn] 23/3/2018 09:29

Well, I took the opportunity of the dip below 30p to double my holding here.

There's far more upside than downside risk in my view.

[puku] 22/3/2018 14:16

no - last year it was 4 April so soon. Edging up again today.

[sophia1982] 21/3/2018 20:31

Do you know when the results are out?

[puku] 21/3/2018 12:17

now up to 30 p and looking styrong

[puku] 20/3/2018 13:35

edged back up to 28.5 p - hopeful of decent Results ?
Might even get my money back.

[sophia1982] 01/3/2018 16:54

Can I see the management buying shares at these ridiculous prices?

[arthur_lame_stocks] 07/2/2018 19:05

They can have mine for 50p

[sophia1982] 07/2/2018 09:48

Ladies and gentlemen,

Does anyone want to make an offer for this 9 million company?

Extremely cheap...

Ian Temple, can you hear me? If you offer 50p it is a bargain and we all go home.

[sophia1982] 14/7/2017 09:42

Very good price, I think.
Anybody following this?

[sophia1982] 04/7/2017 12:04

I have taken a deep look at all the recruiters and this one stands out as very cheap.

I did not particularly like the dilution with the last acquisition, but at the same time I am happy that the shareholders of Argyll Scott become now shareholders of Hydrogen.

I think Ian Temple, who is a major shareholder, is seriously trying to turn around the business.

I do not find anything to disagree with in their last presentation. Actually I like their aim of growing adj PBT by at least 20% pa.

hxxps://www.hydrogengroup.com/about-us/corporate-investors/reports/presentations/

I am happy to exchange more specific comments if anyone is interested.

[cjohn] 17/5/2017 13:26

I agree Arthur. I can't see why they needed to use shares, given the strong cash position.

[sophia1982] 15/5/2017 09:58

That is also my opinion.
Let us see if they manage to achieve thier financial objectives now: double digiti PBT growth etc

[arthur_lame_stocks] 09/5/2017 17:40

I wish they'd paid cash instead of diluting shareholders while the share price is at such a low. They could have afforded to pay cash and maybe take on a bit of debt, they have a very strong balance sheet.

That's my opinion on it.

[sophia1982] 09/5/2017 16:31

Any thoughts on the last acquisition?

[cjohn] 04/4/2017 09:40

Quite promising full year results today, with the shares trading at just below tangible book value of about 8.8m - quite a surprise in view of the fact that this is an asset light company, (as recruitment companies usually are). Nearly all the assets are current and they have 2m in net cash, as well.


A really very cheap share, trading profitably, in spite of having to restructure their resource recruitment business. (The costs associated with that were incurred in previous periods.) There's the obvious prospect of business picking up in that part of their business, if oil prices don't collapse again.

And they give a cautiously positive outlook.

[hammers976] 07/9/2016 10:29

Not one share traded on the day it reports half-year results. Miton snapping up 15% of the shares can't have helped. Good to see they have returned to profit, even if it is a tiny one.

[jeff h] 27/5/2016 14:50

Share price recovering as the oil price recovering.

[cwa1] 04/4/2016 16:52

Certainly picked up off the floor of late.

[jeff h] 22/3/2016 08:04

Better than I expected....took 20k