The last 4 updates from HHR were fantastic there is still autofocus compensation to come, thousands of cases identified could be millions more divis in jan and feb they just raised 60 mil from investors at 5.2p no probs also no debt and .445p paid out in divis in less than a year 2014 could be fantastic for HHR, time to bail I DON'T THINK SO good luck all holders and merry xmas
M/cap 82 mil, 8 mil profits, no debt, divi yield 5% less than 1%in the bank ,tax losses carried forward, increased divis to come, autofocus still to come, these still look cheap to me
Well m/cap less than 90 mil turnover 220 mil plus no debt the board looking for 7.5mil profits when interest stripped out divis being paid and the autofocus settlement still to come,the board were very confident in there last update which was brill hope this helps
Debt Reduction and Resumption of Dividends 20/6/2013
Highlights:
- Court approval to resume dividend payments.
- Improvement in trading results continued.
- Cash generation improved again with further working capital enhancement.
- Special dividend of 0.165 pence per share declared.
"the Group's trading results through to 31 May 2013 continue to show a considerable improvement over the corresponding period last year...debtor days had been further reduced to 127 days and net debt (including fleet related debt and cash balances) has been reduced to £1.1m...The Board is therefore pleased to announce the payment of a special dividend of 0.165 pence per ord share (£2.5m in aggregate) which will be paid on Thursday 25 July 2013 to shareholders on the register on Friday 12 July 2013...management have been set an operating profit target in respect of the year ended 30 June 2013 of £7.5m (excluding exceptional costs) the corresponding dividend target is £2.5m. This dividend target will be satisfied by the payment declared today...The Board will make a decision in relation to the payment of a final dividend, if any, in respect of the year ending 30 June 2013 at the time of the Company's announcement of its results for the year ended on that date, which is expected to be in September 2013. Thereafter the Board would expect to adopt a typical dividend calendar."
Septenber update due soon,the last 2 were fantastic more divis should be announced the board were very confident of hitting there target also autofocus compo still to come could be paid as a special divi