The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
More buys than sells. Tight spread. This will be going North soon.............
I was surprised to see SP drop too, but I've been tracking this share like a hawk for some years and the same thing happened last year when the profits were up the SP went down by 10%. I can only conclude two things, either this is part of profit taking or short term short selling as the short seller knows very well the SP will go up eventually when the next trading update comes out, which I believe is in Apr/May.
Good update but sp down 7%??? Think this will creep back up but didn't expect such a drop today.
Brilliant update.
Profits up by 30% and dividend up by 5%. There's also an indication that if free cash flow exceeds 50M then the surplus will be used for special dividend.
Who would buy 1 share?
If the share price keeps steady until 7th Jan then I would assume we could have an uplift of approx 5% on 8th Jan as I believe business would be good due to Xmas recruitment numbers.
Hays Recruitment buys 80% stake in IT staffer Veredus: Leading British human resources and recruitment company Hays has acquired 80% of Veredus Corporation, a specialist IT staffer based in Tampa, Florida, for $44 million (£28 million).
Does anyone know why this SP suddenly risen by almost 4% today? The AGM is on 12th Nov and divi payment is on 14th Nov and the ONS employment figure comes out on 15th Nov. so I can't see the upswing. Not that I'm complaining but someone knows something!
I know they're often wrong and maybe a bit OTT with some of the predictions, but Hays hasn't seen a negative rating for a very long time. In the last could of months we have seen buy ratings and price targets much north of where we are now from multiple brokers. Surely they can't all be useless!
I think it had something to do with Michael Page's (MP) results, which dragged this SP down. However, the results of MP was misinterpreted as being a profit warning when they just mention that their next years profit will be more or less flatlined. Apart from another ONS employment update in Nov and Dec and the trading update in Jan 2015, there may be other news that could push this SP up, I.e full blown QE by ECB or the rumour of special dividend that could come to fruition. However, at those low price I think the SP is a great bargain especially with a PE ratio of 18, which much less than Hays' peers. As usual DYOR and GLA.
Looked like this was going in the right direction then in a couple of days we've been not far off the fallers board twice! What's going on???
We will have even better news on the 15th Oct when ONS reveals its latest unemployment figures. With all the positive broker recommendations and impending good employment statistics, I'm feeling very positive and I don't think the SP will go through the usual minor hiccup after ex-divi date.
Just completed a 3rd top-up. Numis Securities just re-iterated their buy recommendations with a target price of 184. The only logical explanations for the drop in SP that I can think of is that maybe some of the fund managers are reducing their stock holdings from the risk portfolio.
I was going to ask the same thing! It's bizzare to see the SP go down with all the reiterations and upgrade from brokers and positive outlook on GDP and employment figures. I would put this down to overall market sentiment, but used this opportunity to top-up twice and am thinking of another top up as the ex divi is nearing on 9th Oct. I still think this is a fantastic buy at these low levels. DYOR and GLA.
With the majority of broker ratings this year being in the 170's-180's, what is holding this back? Seemed like a brilliant place to be but the SP continues to disappoint!!
Credit Suisse restated their outperform for Hays plc http://www.mideasttime.com/hays-plc-earns-outperform-rating-from-credit-suisse-has/221820/ The share is currntly trading at 120, which is a great opportunity for new investors to come in or old investors to seriously top-up. This share goes ex-divi on 9th Oct and on the same day there will be trading statement, which is expected to be positive due to the falling unemployment trend. I can see the SP rally towards that date based on broker consensus and uptick on the economic activity.
The next employment report from the ONS on the 17th Sep should be interesting. There are at least 8 brokers yet to comment on the share price, but it would most likely be a re-iteration or buy.
Results were in line with analysts expectations and there is also an upside for recovering labour market. Institutional investors have also increased their stake on this share. 2 brokers already gave positive outlook just need remaining brokers to follow suit for more positivity on the SP.
Apologies, the results are due on the 28th of August.
Results are due on 27th August 2014 and based on their trading update, it seems that the strong pound shouldn't affect Hays as much it affected Michael Page as their earnings were boosted from UK operations. Based on the reports below there will be an increase in dividend payment as a result of expected profit of 140M and the way the labour market is improving in UK this should push the share upwards and when Europe catches on then it could go higher. I used to work for this company in the past and my general barrometer for future success of a recruitment company lies in the Recruitment Consultant Headcount, which is current up by 3%. https://uk.finance.yahoo.com/news/hays-raise-full-dividend-uk-094248650.html
Lets have another strong week.Suprised it dropped as much last few weeks.Results coming up.
Don't quite understand the sudden surge on share price! The previous communication mentions 11% advance in UK but the I wonder if the moderate growth outside of UK will be impacted by the string pound, just like Michael Page's results?
Temp and perm fees are up significantly year on year with this firm. In my opinion results were not as high as expected, hence the drop.
Temp and perm fees are up significantly year on year with this firm. In my opinion results were not as high as expected, hence the drop.