Norman Hay Share Discussion Threads

[rickster] 09/11/2001 11:17

So we've had our divis and the price has slipped to 23p?? That dispells the point we discussed previously about the company being taken private before paying any divis!

I guess we'll have to sit tight and wait a while??

later
Rickster

[nald] 04/11/2001 18:22

Rickster

As you have said earlier, MMs probably trying to stimulate interest. Let's see and hope Tuesday or soonest after we see some positive firm progress. I'd like to buy more myself but like so many others funds limited waiting on ACTIONS elsewhere et.al.

[rickster] 01/11/2001 10:08

Nald

Not sure about a type B sell, but any sell is a pain as the price has come back quite a bit recently. May offer us a buying opportunity although my funds are slightly limited at present!

Price has fallen today on no action so that could be the MMs trying to generate interest. Doesn't look like we are going to hear much before the divi is due. I will pocket that when it arrives and then hold for furter action. I'm sure it'll come but maybe not quite as soon as we hoped??

later
Rickster

[nald] 26/10/2001 19:07

Just to keep up the momentum....Rickster/Airrage any ideas on what the 20,000 sell today means and indications please? What does type B sell show?

[rickster] 24/10/2001 17:01

It's eerily quiet out there!! Almost No buys, almost no sells and no news!!

Anybody out there??!!

later
Rickster

[rickster] 16/10/2001 08:00

Nald

I think you are right to seek investment advise - unfortunately you can't rely on what you read on the BBs!! There are so many rampers and derampers out there that many of the threads have been ruined. Take the MMD and NIS threads as examples!

As airrage mentioned it's well worth consulting the boards as they may offer the general sentiment towards a share, but unfortunately once the news is on the boards it's usually too late anyway as we are usually the last to find out! MMs also read the boards so they can raise their prices in anticipation of buying. With HNN I do not believe the prospects of an MBO are widely known as yet. It is also a company that has not been heavily tipped by many of the 'tipsters' so the world and his dog has not yet got involved. If, and it is a big IF at present, some news does come out and one of the papers reports on it, this share will fly IMHO. But then that could be said about any share I guess! The major difference here is that we are in well before any news/leaks/Tips etc so IF something happens we will benefit hugely!

Hold on!

later
Rickster

[airrage] 16/10/2001 00:22

Very personal decision really. It depends on your risk preference, portfolio diversification, investment timelines, etc. Nobody can ever give you buy advice unless they are professionals and even then their recent history has not been good. The best thing to do is use bulletin boards as a screen for possible shares to research. If you are unsure how to research a share it is worth reading some books or just get a broker.

As for HNN, I intend to hold out for possible bid. If the bid doesn't materialise, then the div will suffice until HNN price improves. I tried today to see how much interest there was for these shares so I sold a few above NMS at a premium and the deal went through instantly. I don't know how much you can read into this fact(as with any trading)but someone seems to be happy to pay a premium. I'm holding the rest firmly.

[nald] 15/10/2001 23:56

Thanks...didn't mean to convey impression I was looking for investment advice...helpful though you both have been on strategies etc. I too will add more if I can sell something else! Meanwhile div is ok by me too. Speedy deals are likely with this one offering such promise with a NAV around 43p and tiny price tag. Yes...let's wait and see.

[rickster] 15/10/2001 16:53

Nald

I agree with Airrage. I would not offer investment advise (I think it's illegal anyway as I'm not part of the FSA). What I can say is that with the good divi on offer and the potential for an MBO I would be seriously tempted to increase my holdings - especially on any weakness in price should it occur over the coming days/weeks.

Interesting that airrage was able to sell at a premium, that clearly indicates that their are buyers out there, even if it's only the MM's picking up stock in anticipation of news??

Personally I will be holding onto my stock and should my finances permit I will be adding more if I can sell something else in the meantime!

later
Rickster

[nald] 11/10/2001 16:41

PS...airrage/Rickster...maybe I should buy some more, what say you both?

[nald] 11/10/2001 10:35

airrage

Well said! Trust others are listening and staying with it or deciding NOW to also enjoy the ride.

[airrage] 10/10/2001 22:33

It may be quiet for a while, nobody knows for sure. MBO's require a similar premium than a regular takeover. If I don't post for a while it'll be because I'm sitting back with my feet up enjoying the present and eventual sharp price rise. Don't lose faith, some takeovers take months to happen, and in the meantime some will lose their bottle if MM's drop the price and sellout. That way the MM's can fill any large orders they have in the background on their books. In this rocky enviroment I'm happy to own a company so undervalued to their assets and turnover, and with a bonus dividend. The longer the takeover takes, the longer we have to collect dividends, and the premium will still have to be there. So sit tight and be happy, don't be swayed by sharp movements either way in the share price because of its volatility and enjoy the ride to the finishing tape.

[rickster] 10/10/2001 08:11

Nald

We could do with some more of those 60k plus deals like we had recently. That would move the price up a little quicker. If there is to be an MBO I wonder what premium they will pay? 40%? I think takeovers average circa 40% but I don't know about MBO's?? Maybe they are different and the premium is not as high?
All I know is that a screen showing some blue is welcome so I'll toast that as well!

later
Rickster

[nald] 09/10/2001 19:14

Rickster

I've been looking in daily, hopefully others too, out there!! Sure thing.. within 2 weeks, nothing but something anyway, more like something I'd say. Yes, the highest for more than a year means any serious buyers ought to decide now and get in before price leaps. Cheers, a toast all round let's say very soon.

[rickster] 09/10/2001 18:56

ps. I don't know much about charting etc so maybe someone can tell me if today's closing price - the highest for over a year is a good breakout sign or not?
Can't be a bad sign whatever it means!
later
Rickster

[rickster] 09/10/2001 18:48

Nald

So there is someone out there!! Personally I am holding and would expect some news to happen in the next 2 weeks should it be forthcoming. With the Divi having been delayed till the 6th November they would surely want to announce any news prior to that? Even if nothing does transpire the divi and the small rise will mean that we don't lose money.

I keep expecting to hear or see something, but hold tight and we'll find out soon enough - either way!
later
Rickster

[nald] 09/10/2001 17:57

Well, Rickster/Airrage, what do reckon on next? Buys slowly up day by day, is that bid soon I wonder???? or what? Holding tight, hope weighty souls get interested.

[rickster] 04/10/2001 00:57

It's gone very quiet on the Hnn front? No buying or selling and no messages either!

Is this the quiet before the storm?

later
Rickster

[airrage] 29/9/2001 00:53

If you sell off now you will miss out on nearly 50% of your gains. If a bid is coming at about 43P and you sell off in the mkt at 28P you will miss out 15P worth of profit. Also if you decide to wait for the buyouy you won't pay any commission charges. This is especially true for small stakeholders. I saw a sale yesterday for 375GBP, not only did they lose out on another 180GBP bit of profit but their commission charge on such a small sell would have cost them a large % relative to the amount they received.

Remember, someone has staked a fair old sum of money(200K shares)at 27P and again at I think it was 32P(60K shares). Do you think they are more likely to be in the know than the seller of 375GBP? Hold tight, you have nothing to lose, no bid and you take 10%div this year and probably get some cap gain as well(should be valued at 38-40P anyway)If not it will eventually be taken out.

[nald] 28/9/2001 00:58

Appreciate all the good sense from airrage/rickster...am in now at around 31-32 and suggest all pile on board now....good for 40 plus sooner rather than later.

[rickster] 28/9/2001 00:50

airrage

Thanks. I agree. Let's face it, why pay 40p plus when you can buy loads at around 30p?? Not sure about AIM rules, but don't any shareholders with more than 3% or directors have to announce any additional purchases?

I would expect any news to be forthcoming in the not too distant future and definately before any divi's are payed. Next two/three weeks I would guess

later
Rickster

[nald] 27/9/2001 17:57

So do I...but what were the 15000 and 25000 at 14.43 sells 27p?

[rickster] 27/9/2001 15:35

Ok so it's only .5p but the price has been reduced this PM and on no sells?
Is it
a: A sell in the pipeline?
b: MM's tring to generate some buys?
c: MM's shaking the tree to get us to sell to fill an order?
d: none of the above?!?


I hope it's C!

later
Rickster

[rickster] 27/9/2001 13:56

nald

Time will tell if the info we were given was right or not! After all many investors (myself included!) often look for the reasons why something is happening when often there is nothing to the anomaly! It could be just coincidence - I hope not in this case!

Today is very quiet so far although some of the previous bigger buys have taken place in the afternoon. I will keep checking to see if that happens today. If I were a big buyer seeing todays volumes I would wait to see if the MMs drop the price to stimulate demand and then buy in at a lower figure.

Unfortunately this is a tiny company who most won't have heard of so small investor interest at this stage is unlikely to happen in large volumes to help drive up the price.
Hold on!
later
Rickster

[airrage] 27/9/2001 09:33

Reckon they'll see how many they can get on the mkt for below the bid price before they announce.