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thanks for your good post. I bought the same time as you so have a fantastic average and this share owes me nothing. great divis coming up next week. However in this game we are allowed to be greedyand I want more so have no thoughts of selling, as I said on the contrary topped up yesterday. The company is greatly undervalued , should be between 80 and 100 and if we get the takeover either through somebody seeing as a good opportunity or because David is getting close to retirement. Let's hope we start creeping up soon towards 70 again and then patience until something happens
RNS out with a intereim statement that contains a profit warning for the first half of the year. Various elements including currency, softness in the SME market as well as far too much cost invested in the Canada government implementation has casued this. They are adjusting cost so that the full year should only be slightly below expectations. Bit of a blow, this might be the right opportunity to somebody who have waited to get in here or for the one of the 2 takeover potentials to pounce. I have just topped up at these levels and the upside is enormous. Still a bummer,though!
seems they saw your post and listened!
some serious buying taking place today, not sure why everybody has been waiting, they always keep their word on results so we knew they were going to be good , but better late than never and we are now at 75 moving rapidly to the 80 and beyond
it does actually mention about losing P&g and Barclays, but I think the new clients clearly outweigh the lost one!
as always inline with expectations . No big shakes but a steady strong performance which shows how much this share is still undervalued. Little change in revenue and profit but lower debt and higher dividend and most importantly putting things in place for further cost reductions and higher profits promised for coming years. the new accounts Statoil and the Canadian government only came into effect this year so I would expect profits getting close to 40 million next year. That should equate to a sp of around 100 so we still have some way to go. We rae now back above 70 and moving upwards albeit slowly, but I hope some attention will come on the share now that results are out and there are good dividends to be had
not sure what is going on, everywhere I go I hear of HRG winning new business. This is very odd and hopefully we will see a change as we get closer to the result where I don't expect any surprises but good solid profit with lower debt and costs and higher dividend.
anyone any clue what is going on, dropped 15% on no volume and no news whatsoever. Seem to me that anyone who wanted to get in here but was waiting for the drop now have a fabulous buying opportunity. would love to hear if anyone ahs any other opinions
You are absolutely right, 10 % the last month and with this being by far my biggest share has helped my portfolio to new records. Hope to see Radcliffe at the Business Travel awards next week or the Business travel show in 3 weeks time and see if I can learn something more. Fantastic news!
Why would anyone sell, this share continues to give, not always easy to work out why it increases when it does, but who is complaining. if this is not the build up for the takeover or privatisation whichever comes first this is now a great platform to start on when that happens and 3 figures is now a distinct possibility. Once somebody breaks that 29% barrier they might have to bid 120 to get the shares of our hands. What a great start to the year.
after results inline with expectations the following 2 brokers reiterated their buy reccomendation: Hogg Robinson Group (LON:HRG) had its buy rating reiterated by analysts at Investec. The firm currently has a GBX 95 ($1.54) price target on the stock. Hogg Robinson Group (LON:HRG) had its buy rating reaffirmed by analysts at Canaccord Genuity. They currently have a GBX 85 ($1.38) target price on the stock.
I think if you arew aiting for 60 p here you will have to wait for ever, we saw the drop,maybe an overreaction to the very sharp rise and now we are on the move pwards again. If you are looking for 50% might be too late in the short to near term but an increase from 78 to 100 is not too bad either and more if the takeover battle gets going at some stage. Now very close to the highs we have seen for many years
Reached 80 today, certainly a high for 5 years, nearly 800% profit on this little beauty and I don't think we are finished yet. Any sniff of the takeover and we could possibly see another 50% but for now very happy as we are moving forward. I had originally set 80 as a trigger for selling but business has really picked up and HRG are doing very well in the marketplace that I don't see any dangers on the horizon, so not going anywhere for the time being! An extra glass of wine tonight.
Yes, I saw that a little while ago> I think generally BCD is doing OK, but I am convinced that there will be some consolidation in the top 4 or 5 global TMCs over the next year and HRG as the only listed company is the obvious one. Although they have really done extremely well during the last few years with good sales and great cost control but the margins are still small for such a high turnover and merging BCD and HRG would be a real powerhouse that could threaten the world leader position against CWT and Amex. I don't believe in coincidences and with the price rising about 30% over the last month or so without official news, something must be going on behind the scenes. bring on next week!
And we are well through the 70, some very concerted trading taking place, loads of buying this afternoon, are we getting close to an end game. The higher we are before any hand is shown the higher we will shoot up when somebody finally show their hand. Is it a management buy out with DNATA or a takeover by BCD and if so will it be hostile, highly likely! Interesting and steady rise keep coming. Long may it last.
another push today and 70 just a round the corner, lovely jobly!
Completely forgot that yesterday was ex-divi day and hence the fall till 64 in the morning. So the 1.5 p dividend is now built into the price and considering that we are doing OK but would be good to see us past the 70 very soon to establish the next base. Interesting that we have heard no statement about the very big trades over the last few weeks
I wonder if that was the news that caused the recent rise fromm the 55 level. Statoil is one of the best and biggest accounts in europe and has been manybyears with berg hanses, carlson wagonlits repsentative in norway, a real triumoh, both reputation and profit wise to win this accoun
Buys or sells, I am not sure. big trades on Friday as well. This represent nearly 1 % of the company and nearly 10% of the shares in general circulation, but this one triggered a small fall back. Something will have to give this week, wonder when we will get a statement.
I do agree with you but I doubt we can go for a long time with buys like we saw yesterday without some sort of statement, but I would love to see 70 this week and of course the higher we are before the end game the better. Do you have an end target in mind? BY the way I don't think we have posted this great news, don't think it has anything to do with the recent rise, but just shows that they are doing the right things: http://www.publicsectortravel.org.uk/2013/06/05/hrg-to-manage-fcos-travel-globally/