The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
up today, doubled my holding.
Fingers crossed this starts to rise as we head towards out AGM on June 30th.
Gla
Taken a small stake to begin with here as I think that HSS will also benefit as we have moved out of lockdown. Should be an increase in requirements as projects start again
How come ?
RNS imminent.
Yup taken my profits right across the board as I feel a worldwide market correction in the air tonight.
hp,
I was going to post earlier that it was holding up well.
However, looks like todays inflation jump has triggered a pretty wide sell off and HSS has succumbed as well.
Given that HSS has risen pretty fast I guess some re-tracing is not totally unexpected.
Red
hp
Mopped up pretty quick all the same I'd bet this price will look like a bargain very shortly. Still I'd love some more on the cheap.
If you look at the time/date of the transactions, it is the same time as the wobble yesterday - so someone is dumping!
2 large delayed trades totalling nearly 900k shares just popped up. Both sells?
This must also apply for hss
Ever since the first lockdown, there has been a marked increase in the sweet sound of birdsong in parks and gardens across the country. It is not the only noise to permeate our streets however.
Day in, day out, the sound of building works can be heard, as housebuilders set to work, homeowners refurbish their properties and companies refashion their offices.
The constant drilling, banging and bashing can be infuriating for those in search of peace and quiet, particularly over a Bank Holiday, but it is music to the ears of Russell Down, chief executive of Speedy Hire.
Closed the spread pretty quickly
I dont think anyone is dumping - its just MMs triggering stop losses, take a look at the pattern. I bought my extra chunk at 16.75p and sold at 18.15p, never made c.9% this quick for a company of this size in my entire life :D
My core holding here is intact and for long term!
The price is dropping because someone is dumping shares. 6/7 sell trades equalling 5000,00 shares by the look of it.
What do they know that we dont?
Got a few more myself.
Managed to buy a chunk at 16.75 after some automatic stop losses triggering! There is no news in the market for this kind of drop!!
Slow and steady wins the race...
To be held 30/06/21. Should be very positive based on the rebounding UK economy.
This share tanked in the spring of 2020 and while others rebounded later that year hss did not. The company restructured and enhanced their online presence. They've now hit the ground running and as the economy is set to rebound at it's fastest pace since WW2 I've invested here. I am hopeful the sp drops to the low teens so I can build on my holding but I doubt it will unless the whole market tanks again. I've a pile of cash just in case. IMHO great times ahead for this company.
HSS revenues were £260 million last year. The debt pile is nearly 50% of income. Hardly peanuts is it?
The is debt is peanuts for companies like this. Other companies have more than 10x this debt. This company in in transformation phase. Sp recovery is in action. Lot more highers and higher lows to see...
Taken from last week's results..
Looking ahead, HSS makes strong start to new financial year, with first quarter earnings before interest, tax, depreciation and amortisation ahead of the same period the year before.
I get the feeling that the debt is weighing heavily on the share price at the moment. From a recent high of over 25pps, the price has slumped by nearly 25% on no news. the recent RNS highlighted a reduction in the overall debt but the company are still carrying the burden of £120 million in debt after paying down nearly £60 million.
These kind of statement worry me: Strong working capital management, overdue debt at lowest level in over 5 years
Overdue debt!! It doesn't read well and once this gets back into the low 20s I'm out. A decent recovery is going to take a few years and that's assuming the current strategy of piggy backing the business outlets onto builders merchants works out for the best. Too many risks makes this a gamble.
Thanks, Halfpenny. I like the feel of this company more and more.
Found this from a couple of days ago.
ABird Power Solutions, part of HSS Hire, has used the COVID enforced downtime to transform the management of its mobile operation. Using the latest mobile workforce technology from BigChange, the generator hire company has made considerable cost reductions in administrative resource alone – savings that can be repeated year on year. The cloud-based, 5-in-1 solution has also joined up previously disconnected parts of the business which is reducing lead times and improving customer service.
“We had been using BigChange for some time but, if I am honest, only to a fraction of its capacity,” commented Simon Taylor, General Manager at ABird Power Solutions. “Lockdown gave us time to reflect and time to improve. By using more of the BigChange functionality, we have automated more of our administration resulting in significant cost savings for the business. We also had time to adopt new working practices including the use of BigChange CRM which gives us time-critical intelligence which can be used across all aspects of the business.”
ABird Power Solutions is an established leader in the supply of power solutions, including generators, lighting towers and RFM (Remote Fleet Management). Part of the HSS Hire Service Group, ABird has 7 specialist depots across England and Wales and 2 in Scotland supporting a team of 35 mobile service engineers. ABird designs, delivers and maintains both short- and long-term smart generator hire solutions with units ranging from 20kVA to 1260kVA.
Although ABird originally introduced BigChange to track vehicles and schedule routine maintenance tasks additional aspects of the operation have recently been transferred to BigChange. By providing a single platform CRM, Job Scheduling, Mobile App, Vehicle Tracking and Online Portal, BigChange has automated many of the routine tasks associated with the hire process. From issuing of quotes, stock assignment and delivery through to maintenance scheduling, fuel reporting and equipment collection, BigChange powers a seamless, paperless exchange of information.
“I call it BigChange 360 because that is what it gives me; 360 degree visibility of the entire operation,” Taylor continued. “From the moment a hire is agreed I know which driver will deliver the unit and I can track its progress to site. I know when the generator is running, how much fuel it is using and who will do its routine service and when. I even know when it’s finished at that site which depot it needs to be returned to and where it will go next – all with a few taps on my phone!”