Member Info for buller

I ahve just taken a punt on these. yes , disappointing results and forecast but does it really justify 30% of the price and 50% down form just a few months ago. Bought at 1080 and hoping for 15% return over a couple of months. Not sure that I have hit bottom, can we ever but seems to be a bit of excaggerated seel of so hopefully a correction very soon. DYOR as still volatile

Last year it was the end of November. We are bouncing along the bottom, I have no idea what has driven it down here. It has probably no t been the best half year for HRG but there has been no statement since the first quarter one that promised that we were on track and if results are in line with expectations this is so far below correct valuation that we should see a major corection, hope fully back to the 70 level. Amex came out with quite negative reults last week but it is so difficult to seperate the card and the TMC revenue, but other than that I hear that corporate travel is holding up well. Sometimes it is difficult being patient with this one, but i am still hopeful tah one day the takeover will happen and my pension pot will receive a major boost. I still believe on current results it should be worth around 80-85 and if we get in to a battle which is more than likely we should be well over 100. When I have no idea but I have ridden this one since it was 5 so it owes me nothing but I am still greedy, sorry!

I really cant say. I took my dividends out this time as I already have to big a chunk of my portfolio with this company. The fact is taht there are very few shares in circulation. Most, I think about 90%, are owned by the 2 main combatants to take over the company, BCD and DNATA, the management and various institutions and if none of them are paying any attention, the trading dies down and the price drops a little. We have seen before that once somebody shows an interest it can move quite fast and I am hopeful that 52,maybe 50 is the bottom and we should start moving back to 70 pretty soon.There really is no reason for this share to drop. The record is so consistent with profits and dividends growing, costs under control, debts down, and solid and conssitent management. I am in no rush and my average is similar to yours so the company owes me nothing, but yes, I am greedy and woudl like to see 90-100 before i consider selling and that could happen if we get a takeover bid.

This sharre os going nowhere at the moment and I am at a loss to expalin why it is not around th e70-80 marekt at teh veryleast . Whatever valuation methos you use it should be well above 70. As the poster below stresses all the research comoanies value the company at 90 or 100 and still we are stuck in the 52-54 level. We are in the middle of the best months of the year for corporate travel and HRG has gained many new clients for whom this will be the first peak period. All projections look toward increased profits, increased dividends and no real warning sign out there for neither the indutry, nor for HRG. The new deal in China where the next boom is taking place is fascinating but it owuld be nice to hear of a few more new aco****s or simply just a statement saying everything is OK. Obviously very few people are showing any interest in thsi company but it is a bargain at these prices and I was lucky enough to get hold of some more this week at 52.75. Seldom have I been more sure that this is a low risk invetsment . I expect 50-75% profit over the next 12 months and taht is if the takeover deosnt happen. if it does we shoudl be at over 100.

The results were a slight set-back but as Radcliffe says and Edison that really doesnt push the train off course. Things are sstill looking good for the long term. My big question is how could the share drop 20% in value in the weeks before 1st quarter is announced. There is s ome serious leaks and insider dealing taking place here and that really infuriates me> i can't see any otehr explanation. As you know I am a big fan of the company but if people are allowed to trade having knowledge not available to teh rest of us I am serious considering selling up. I would ove to hear the company come out with some explanantion and better still setting up a serious investigation into recent trading

I dont understand this share. I believe I understand the company and the business they are in and i know that in this business the compnay should be valued at closer to 100 than to 60. I just dont understand the path that it takes to get there, up to 70, down to 55 andnow up 10% today without any news of any sort, at least not in public which might be the explanantion. This is not a company that suddenly finds gold or a new medicine or something like this. They do business on a continous long term contract basis without huge risks but with a straightline upwards for profits and dividends, shoudl really not see those sort of fluctuations EXCEPT if some of the key shareholders are eitehr off loading or adding shares preparing for a bid. The drop in price was on very little volume which makes it even stranger but we ahve seen some interesting buying today. I have been waiting for a bid for 3 years now, of course seen great profits in the mean time, so not complaining but a bid around the 100 level would do fine for me and I would be selling my quite large holding here. Would give me an overall profit of 1000% but for now sitting back and not getting too worried about these strange movement. There is nothing out there that justifies the falls and every time it does fall it doesnt last long before buying starts again. Dont forget there are 2 companies who have well above 20% holding here and both could go for a bid and have to when they reach 29%

We have our up s and down on thsi share but I certainly think it looks strong. I know we are 10% down from the recent tops but very time it moves towards the 63 it quickly bounces off that. We also have gto rid of the x-divi dat ewhich obviously saw a little sell of. Hard to say how soon we are going to see new highs but all reports from HRG looks good and their real valuation just now must be between 80 and 100 and that is without considering eitrh a takeover or a managment buyout. For newcomers to thsi share their biggest competitor owns 23 % and thepartner in the Middle east more or less the same and if any of them go 29% a bid has to be launched. The situation cannot continue like this forever, so someting will ahve to give at some stage, just hard to say when. Anyway I expect between 20 and 50% improvement of where we are now within the next 12 months. DYOR

I have no idea why we arecsuddenly reallsing part of our potential here on very small volumes, could veryvwell becstakebuilding by one of the major holders or simply testing the waters. Remember 2 things about these: 1) there are very few shares nit held by long term holders and in active trade so if anyone really wants them they will have to pay a much higher price 2) both potential scenarios for takeover r buyout, bcd or management with the support if dnata are only a few percent away from having to kaunch a bid Whatever the reason i am clapping my small hands and havigng a faboulous day, we shot staptaight through the previous highs, long may it last

Well, it need you to post that to get the share moving. On quite low volume we saw a very nice rise Thursday and Friday. In fact the mm's pushed it the last few minutes from 65 to 68. Is something up or do tehy just realise that there was no reason for the drop from 70 to 60 at all. It did try to break below 60 a few times but thre ws string resistance there. I think an MBO would be fine. I cant believe we would get a 30-40% premium on that which would be a great end to my HRG chapter. remember teh management dont have that many shares even if DNATA join them and BCD is not going to give up their shares for anything less than a huge premium as will the institutions, so I dont think there is any chance of them getting it for the present price. My target is 100 which is more or less what theprice should be at today's performance anyway. In the meantime I beleive things are going well at the company and they will continue to continue with increased profits and we will get our very nice dividends soon.

After a bad week and totally without reason somebody has stepped forward today to take a bargian and have bought 3 portions of 100.000 and we are up well passed the 60 mark an over 4%. Could this be the start of the ove back to 70 and beyond. I have been amazed of the drop the last week after faboulous results. One of the shares with least risk that anyone could find

ERdison is evenmore enthusiasticabout teh company as I am, probably just as baffled why the price isnt at leats 75 by now, but a bit of patience and once the market turns we will be back to 70 on no time, We know from experience once the price moves here, it moves fast: http://www.edisoninvestmentresearch.co.uk/researchreports/hogg240512flash.pdf

Great results, great dividend, better every year and still the price dropped. It was a bad day on the markets but this is sucha steady company and considerbaly undervalued. At these levels 50% grwoth in SP ove rthe next 12-18 months is the least I would expect.

up a couple of percent, good number of trades early on, back above 65, much more to come ( I hope)

Nearly forgot the most sensational increase, 33% in dividend. How many UK companies are able to offer that sort of return and even if I ma in here mainly for growth in SP the dividend is nowof a size which puts a very nice sum in my pocets and more importantly which will attarct a lot of institutional investors to this share

The results announced today have beaten even the most positive expectations. Revenue up 5% and profits up 16%, list of renewals and new clients impressive with the addition of Unilever who has not yet commenced tarding so they are a stronga ddition for the next year which already istrading in line with expectations. Amazing performance when you think of the crisis all around us. HRG going from strength to strength. SP has dropped thast few weeks which is the reverse of what we see for amny companies before results. Hopefully today will see a strong performance. I would be disappointed if we are not much closer to 70 than 60 at the end of the day

Lots of action today, cant rememebr seeing so many trades, somebody is palying games but looks like every time the price drops somebody is there tobuy cheaply. big fluctuations for this share anyway, down to 64 and now 68.I am not really nervous, the buying pressure is so big and people knwo the results in a few weeks time will be good, so expect to be above 70 at least before results.

Totally crazy price drops, no justification whatsoever. Lookslike somebody in the city dont like the new CFO, but there is no reason to beleive the business isn't going full steam ahead. Results are out 23 may and I sure they will be good. I thin this is a perfect time to buy in for anyone not in yet. Hopefully back above 70 very quickly

Nice to see that a respected mining company has faith in VGM. Certainly the 77 p look swithin reach. Of course oyr shares have been diluted today but we will have to live with that for the investmentin teh future. As for 500p I hope you live till you are very old as that could be many amny years down the road. I met with VGM at the Masters Investor show on Saturday and they were extremely confident as you would expect that the bottom has been reached. There is good potential here and I hope the rollercoaster now moves up again, but as the flooding and accident shows this business can be very risky

I went to this show yesterday an done of the companies I was looking forward to talking to was HMB. Sadly they were the only one there who had a stand but decided toleave it unmanned all day long which didnt look too good. I hope there is a reasonable explanation and they share it with us!

Somebody is really wanting these shares , buying going on in small and larger tranches and all at above 70 now. Excellent news, wonder if one of the 2 major sharehodlers is preparing a bid. if so glad that Ihave held on all of my shares. At this stage we should be then talking 3 figures+ which is of course also what was predicted not so long ago.