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Yes knlge can't see these staying below 6.5p for long

Two brokers covering HHR Here it is Helphire Group plc Receives New Coverage from Analysts at Nplus1 Brewin (HHR) Posted by Bonnie Powley on Feb 11th, 2014 // No Comments Helphire Group plc logoEquities research analysts at Nplus1 Brewin began coverage on shares of Helphire Group plc (LON:HHR) in a research note issued to investors on Tuesday, American Banking News.com reports. The firm set a “buy” rating and a GBX 7.80 ($0.13) price target on the stock. Nplus1 Brewin’s price target would indicate a potential upside of 25.40% from the stock’s previous close. Helphire Group plc (LON:HHR) opened at 6.25 on Tuesday. Helphire Group plc has a one year low of GBX 2.344 and a one year high of GBX 6.30. The stock has a 50-day moving average of GBX 5.82 and a 200-day moving average of GBX 5.35. Separately, analysts at N+1 Singer initiated coverage on shares of Helphire Group plc in a research note on Tuesday. They set a “buy” rating and a GBX 7.80 ($0.13) on the stock

H/year results due end of Feb with divi announced , possible news on autofocus compo claim and acquisition.

What has that to do with HHR, you say 5-6p well HHR have paid out .445p in the last 6 months which is £7 million so we are not stuck in that range. when was HHR last 5p?

And this However, I noticed that there is currently a lot of BB discussion about one MF candidate: Helphire (LON:HHR) : “The Company is engaged in the provision of non-fault accident management assistance and related services. Its main revenue is derived from replacement vehicle hire, the financing of vehicle repairs and the management of personal injury claims for the innocent parties involved in motor accidents.” On further investigation, I am going to forego the simple selection, and instead discuss the merits of HHR. It has a market cap of £166m, a ROC of 58%, an EY of 22%, and an MF rank of 95%. Their seems to be some “special situation” occurring with HHR. Stockopedia lists its (FCF) Price to Free Cashflow as 5.78, which is very low. The great thing about Stockopedia is that it actually breaks down the cashflows. In the latest set of accounts, it has £31.2m in CFO (Cash from Operating Activities), and net cash inflow of £29.0m from investing activities. The company has had a number of such inflows over the years, and seems to be related to disposal programs. Although revenues have halved from 2008 to 2013, ROCE has actually improved.Let me ignore these disposals, and strip out what look to be expectional investing inflows. It appears, then, that a reasonable estimate of capex expenditures is about £2.5m. So free cashflow is about £28.7m (=31.2-2.5). Given a market cap of £166m, that means that my adjusted PFCF is 5.78 (=168/28.7). That’s an implied return of 17% (the inverse), which is very good. But I think the story is even better than that. The company had net cash at the year end. The interest paid last year was £460k, which I am going to take as negligible. What’s more, on 5 December 2013, the company placed £57.5m to grow its business. The shares represent 42.3% of the enlarged share capital. They were also placed at a premium to the market, which shows quite some interest. The company has a ROC of 58% and a ROCE of 39%, as calculated by Stockopedia. Suppose it can only generate a 10% return on the money placed, though. Maybe it will take time to invest its money, or whatever. I will also assume no gearing. So a 10% return on £57.5m placing, add in £28.7m existing cashflows, gives forward free cashflows of about £35m. How much will the market pay for these cashflows, given its high ROC and low gearing? I don’t know, but i would certainly hope more than 10. 15? Very feasibly. Let me split the difference and call it 12X. So we’re looking at a company that may be worth £420m (= 12 multiple x 35m free cashflows). Current market cap: £165m. Seems like a lot of upside there, which is why I want to put it in the portfolio

Hope this helps HHR Last years profits were £8 mil against forecasts of £7.5 mil if they hit say £10 mil that will be a 25% increase, they may pay 0.35 in divis, which is a yield of over 6% at the current price not taking into account the £60 mil war chest and autofocus pay out which will be the brucie bonus however much is it may be paid out as a special divi, lots of news to come in the next few months. They have pledged to pay out most of the profits in divis and since July they have paid out .445p with more promised in FEBS h/year update

Daily mail market report tue Things are really hotting up now. Buying in belated response to a Cenkos Securities buy recommendation helped Helphire firm 0.25p to 6.25p.The company is believed to be on the acquisition trail and has pledged to a dividend policy of full distribution of post-tax Read more: http://www.dailymail.co.uk/money/markets/

Last years profits were £8 mil against forecasts of £7.5 mil if they hit £10 mil that will be a 25% increase, they may pay 0.35 in divis, which is a yield of over 5.5% at the current price not taking into account the £60 mil war chest and autofocus pay out which will be the brucie bonus however much is it may be paid out as a special divi, lots of news to come in the next few months

These are on the march

Just remember HHR have paid out .445p in divis in the last 6 mths add that to todays close and if you have held HHR since July we are up over 50% sounds good to me

There is a lot of news to come ,Febs h/year results with another divi announced paid in march, news on the £60 mil that was raised in dec, and there is still the autofocus settlement which will be paid as a special divi

Read it what does it mean?

This happened a few months back when we were at 5.3p

millions of late reported buys after close

Tried to flush out sellers today did not work loads of news to come,60 mil raised for growth, results in feb and another divi to be declared, autofocus settlement news still to come and compo paid as a special divi

Well I did say top up and it is still not to late

Yes must be time to follow the big boys and top up these won't stay under 6p for much longer IMHO

The shares more than doubled this year if they do it again next year why is that to long? .7.5 mil profits expected, no debt, autofocus compo still to come, large divis being paid, we have had .445p this year with more to come in feb, the divi yield alone is over 10% best of both worlds also they just raised 60 million at 5.2p at above market price no probs

Cheers

Do they have any tax losses