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Well Bill that's the first of your predictions proven wrong
Yeah I know where your coming from Bill have to catch my private jet later fly over to Monaco to spend a couple of weeks chilling on my yatch (streets of Monaco) before returning here to spend time letting everyone on this forum know how wrong you were
I'd love to go for a drink with you two.
Sorry, should also have said IMHO and DYOR!! Good night.
As I say, we should agree to disagree. No problem with me. I respect your opinions whilst you continue to get upset over mine. You're long here for your reasons and I am short for mine. Why can't you just accept that and get on with your life? After all, you're going to be rich on the back of this share soon, aren't you. You can gloat all you like when you've proven me wrong. Will you come back with your tail between your legs if I am right? Any way, I'm off to bed. I have an early start tomorrow. Got to fly out to Hamilton to bring a yacht back to Monaco for a Client. I'm going to be at sea and off line for at least 10 days so we'll pick this up again mid Feb. Have fun. You could also try FXI, or PAYS for a longer term bet. You've probably missed out on the best of SPE. ETO and ITV appear to be good takeover targets and possibly SCH. Do you have any other good ideas for investors? Catch you later. Have fun.
your correct it won't take too much longer we will know the 2nd part of your prediction is wrong by 16:30pm on Friday the first part of your prediction will be proven wrong 4 weeks tomorrow p.s. I have never had any issues buying or selling HSS shares so I assume your "illiquid share" comment is just more made up garbage if you really believed your own tripe you wouldn't be so opposed to providing your company name clearly the major share holders disagree with your opinion their increasing their holding every other month good luck with that short your going to need it as for your comment "That aside, there's no problem about a heart attack with me over this lot as I win either way. If they stay in business I get paid. If they go bust I get the spread bet paid out. No problem. It's what is called 'hedging'. Perhaps you've not heard of this term?" funny how different people perceive situations differently the above statement is a lose lose for you
LOL?! If you had any idea about spread betting, or had even tried, you would know that I could not get a guaranteed stop loss on such an illiquid share. However, I'm happy to take that risk in as much as you are happy to stay invested. That's what share trading is all about. That aside, there's no problem about a heart attack with me over this lot as I win either way. If they stay in business I get paid. If they go bust I get the spread bet paid out. No problem. It's what is called 'hedging'. Perhaps you've not heard of this term? So, I have no interest in side bets as I am covered both ways. Anyway, enough of your school playground banter. Why not try and support your investment with some real, intellectual, professional facts pertaining to your perceived future of the business. Facts that potential investors can rely on when they consider whether or not to invest their hard earned. However, I have to encourage them to investigate those shares that you have posted on (and may have been invested in) in the past! Not exactly money spinners were they? The longer you keep this thread going without doing anything to support it with facts will only serve to dilute their confidence. I believe that your references to their latest Trading Statement are history as, for instance, are any Company's filed, historic accounts. History. A lot has happened since then. I believe they needed a £13m cash call to temporarily support the cash flow of their business. I believe that the £13m has quickly run out. I believe that their Creditors confidence has expired. Based on my knowledge of the facts that's my opinion and I'm entitled to it. You believe that the cash has helped them through their problems. You believe that they have enough cash to survive. You believe they have a positive future ahead. That's your opinion and you are entitled to it. We've debated this long enough. Agree to disagree and we'll let time tell dictate who is right. It shouldn't take too much longer. LOL. ;-) If and when time dictates I'll let you know what I know (knew). I truly wish you the best of luck here as I think you'll need it. You have more to lose that I have and I hate to see people (most people) lose their money on the markets.
Chillax Voltaire LOL I'm not the one who sounds like they are about to have a heart attack as I have mentioned previously I am invested in HSS so how about a little side bet you mention below "HSS will not see out February let alone the end of this week" if HSS see out this week (as I am 100% sure they will) you post your company name (and I'll post mine) if HSS see out February (as I am 100% sure they will) you post your name and position (and I'll post mine) p.s. your short is not going to help you at all (guaranteed stop loss or no) your likely to lose money on it
Chillax Voltaire! You must work for HSS otherwise you'd have no reasons to contest my comments as you wouldn't know if I was lying or not. If HSS wants to come after me I have enough e-mails to defend myself. Whatever, IMHO, HSS will not see out February let alone the end of this week. That is my opinion, I am entitled to it and the reason I post as I do is because I don't like to see Investors potentially lose their money. Yes, I have a short interest here, I have admitted that. Yes, I am a disgruntled Creditor, I have admitted that. Why don't we just agree to disagree and see what happens. I can't post all the rumours I have heard today or this past week or so as I don't know them for fact but what I choose to believe and what you do are obviously poles apart. That's what investing is all about. Many people have made lots of money investing and trading in shares and just as many have lost. That's the joy of it all. So long as you invest with money you can afford to lose what's the problem? If you have problems with my posts just report them and LSE will remove as necessary. It's really no big deal. I really do wish you the best of luck with your investment. For my part, by going short, I have 'hedged my bets' If I get paid, great. If I don't, great.
Bill your comments on the 24th "Another week where they have not paid suppliers" is a lie the fact you are trying to profit with your short position by telling lies about HSS is obvious as mentioned in my original post there might have been one or two not paid for one reason or another same as in any business however the vast majority will have been paid, the company would not have been trading for sixty years if suppliers had not been paid and the fact you're afraid of supplying your company information and your position shows you are aware you are lying your nothing more than a keyboard warrior (which is a couple of notches down from a telephone tough guy) so for the third time of asking what's your company name and what position do you hold
Perhaps you could elucidate on what lies you believe I have made in my posts? (P.S. It's liable not slander as this is in written not spoken form).
Not quite bill although I am invested here so I notice you have avoided the question What's your company name and what position do you hold you never know someone from the company might be watching and awaiting your response it might even get you paid (or dismissed) depending on how your slander is perceived by your employer /HSS If your too afraid to post the information what are you hoping to gain from the slander other than a lower share price
How can I be slandering this Company when I only state facts or voice an opinion? My interpretation of their position differs from yours, simple as. Mine is based upon the facts available in the public domain and my direct experiences of trading. Yours appears to be based solely on their last trading update unless, of course, you can state otherwise. Perhaps you are a happy employee?
Bill good to see your at least honest enough to admit your "a disgruntled Creditor" although there are usually two sides to every storey teaming up with a competitor of HSS as a tag team to slander a customer who has given you business for the last 14 years on a public forum is probably not the best idea you have ever come up with as a matter of interest what's your company name and what position do you hold (or does your bravery only go as far as an anonymous chat room)
Voltaire, we are all entitled to our opinions and I respect yours for what they are. Just because a Company is busy does not mean that it is profitable. I do have experience of larger Companies and have dealt with HSS for over 14 years so my opinions and comments are based on a wealth of experience with this Company. I am, as you have correctly read, a disgruntled Creditor. Getting paid by HSS has been a pain in the backside and has been getting worse over the last 18 months. It must be very expensive to finance over £200millions of net debt so paying Suppliers late is one way to help reduce this overhead. However, it doesn't help a business grow when Suppliers refuse to fulfil orders due to non payment. It appears you are claiming that the CCJs being incurred are not due to any cash flow problem but just an administrative mess? Time will tell. I hope, for the sake of the Employees, they sort this all out.
Hello Voltaire and thanks for your input. I to have more than a rough idea of business of the scale you talk about,and yes it is indeed true that CCJs are more commonplace than most would like to think. I would however draw you back to my particular comment,which didn't contain any reference to CCJs, merely that 37 outlets were closing. Hardly the actions of a business that has " never been as busy" would you not concede? Given that you have an idea of what running a business such as HSS entails.... Oh,almost forgot to ask,is the information I have received correct?
you clearly have no clue what your talking about HSS have never been as busy the pair of you sound like a couple of disgruntled competitors or suppliers not paid on time any business can have CCJ's brought against them for any number of reasons disputes/late payment's etc etc , it would have to be a miracle for a business the size of HSS not to receive any CCJ's in their line of work you two clearly have no clue what running a business the size of HSS entails (I have some idea) larger suppliers are generally always paid first they usually account for the bulk of the invoices so its the logical way to pay in order to complete as many payments as possible by end of month then the madness starts all over again however due to workload there will always have some suppliers who are missed due to time restraints (it's not unusual for this to rollover and happen monthly) which is usually where the odd CCJ comes in looking at the turnover of this company it wouldn't surprise me for a company the size of HSS to have somewhere between 15-25000 supplier invoices monthly spread between 5-600 suppliers so 3 CCJ's is very little as for Bills stricken ship and shambles comments - have you even looked at their last QTR statement and are you aware they regularly win awards for their customer service? because to me you sound like a share chat novice
Had influx of CVs. All that I called confirmed the story
Another three Court Judgments against them this week. That's five in the past month. Suppliers have had enough. Where did you see the news about the closures?
37 outlets closing in the South West area!
Another week where they have not paid Suppliers! I have now opened a short position here. I should imagine that Speedy are currently circling the stricken ship and will benefit by picking up the pieces on the cheap when HSS goes under (IMHO). This Company is a shambles.
Can't see those who bought at float price ever getting back to break even
Nobody was fooled when this lot floated http://www.thisismoney.co.uk/money/markets/article-2934481/Investors-turn-HSS-flotation-brokers-claim-greedy.html I reiterate. I have no holding here, long or short. Nobody seems to be defending though. I am just a disgruntled Creditor waiting for my money. Investors will have to wait a hell of a lot longer!
This release from HSS makes for interesting reading http://otp.investis.com/clients/uk/hss_hire_group/rns/regulatory-story.aspx?cid=1023&newsid=831174 Look under the heading: Substantial Shareholder participation and Related Party Transactions
They wouldn't be the first IIs to get their fingers burned and not the last for sure. If this share weren't so illiquid I'd go short here big time. I don't have any insider info. You just have to ask any of their Suppliers what they think of HSS. They're just hoping that the instalment plans for payment that HSS have put to them are going to be kept to. I feel sorry for the PIs that got sucked into this pile of cr@p.