RE: New16 Feb 2025 15:06
@trenners, I've been trading this to increase my holdings. AH is doing a very good job that is likely to change the financial metrics materially with cost cuts.
What we have learnt is, the first phase under JL was to reduce debt. The phase two which were at is to maintain low debt but reduce cost base which would drive margin and profitability and create fcf. Then phase three is to push for growth.
Schroders thus far are holding highest amount of stock in percentage terms they've ever held. Lambardo have out of no where took there position to around 5%, although rwc have reduced recently, there hasn't been any reduction of late by them but they've always traded this. Richard stavely is holding 3.5%, they have invested in previously company called SDL that was ran by AH. So trenners, as you say, Richard stavely believes in AH. From recent interview with Richard stavely, he said he spoke to the company about certain aspects of the company they would want to change to drive fcf which he stated is currently being address. If there was something there that was off putting, they would not have invested 3.5% so clearly they're putting their money where their mouth is. Would love to see a tr1 from Richard stavely company, surely he should be increasing at these levels as he sees it undervalued.
Imho