Member Info for buller

have a look at this one, 50% up on the day and keeps moving up

my sleeper has again woken up and showing 30% up although I cant find any news on it today. The company did what in my view was a very clever acquisition last year of a US based company but only now are we beginning to see the fruits. I have no idea how far this can go so wont put a buy reccomendation on it but I am happy I stayed with it and I am staying for a lot more

American EXpress which includes the Travel agency side announced this morning a further 4000 job losses. This is the company who according to Johno is on a recruitment drive. The guy is certainly well informed.

LOL, maybe Johnno is the messenger in one of the london branches

This has been extremely stable around the 22-23 p for some time now with 2 forays up to 26 on rumours that the deal was about totake place. I think we will stay here till results in 10 days time and if we get anything above 20 million we will around this level for some time. Even if we are down to 15 milliion as long asthe projection for the future is OK we will be fine, maybe a dip to 19-20, but we cna just as well get 22-23 million and taht shoud give us a boost, we are past the worse in perforamnce, business i spicking up slowly and costs have been cut so very well positioned. I am not taking any risks about selling and trying to getin a few points lower as the day I do that willbe the day of the next RNS of increase in ownership which cant be far away and which will push us clsoer to the 30 p depending of ocurse on what it says. if its is a bid it will push us clsoer to 40-50. Who would dare beon the sideline on that day (except of course for Jonno who will still be shorting)

Since you have no idea who I am you simply ca nnot say that you are clsoer than me, you have no idea anTHAT IS A FACT. I just thought it strange that you forgot to mention that you were clsoe to theindsutry last time you were giving your opinion. You are offering no explanation why the SP did not hit the 15 and 10 p you were predicting. The fact that HRG is not recruiting at themoment as part of tehir commitment to cut cost sounds very reasonable to me. Amex has laid off many more people worldwide than HRG and so has BCD. If you belive any company in this industry are having a recruitment blitz at the moment you must be dreaming. I am sure we will have an update of trading so far in the reprt on May28 and projectons for the coming year. As long as you don't ell us about the accounts it is hard to judge since they have more than 1000 accounts. There was nothing in Dubai that indicated anything than HRG is doing worse than previously indicated. (for Johnno and others who might not know the Guild of Travel management companies held their annual conference in Dubai last week)

have to give you credit, taht you are willing to show your face after predicting 15 p mid april and 10p very soon tehre after but of course not a word why your predictions did not come through. Hope your short didnt cost you a fortune. And here you are trying again, no w giving theimpression that you are working for HRG which you didnt mention before. Losing accounts happen all the time when you have over 1000 worldwide but I follow the fortune of the 3 big guys HRG. CWL and Amex wery closely and of the accounts that get announced HRG has been themost succesful the last year. Business has not been god the first 3 months of the year but it is beginning to turn and in any event we are not expecting anything special when results are announced. Just the fact that they are in profit (and a reasonable one according to their last statement which they have not deemed neccessary to change), that they have contunied their cost cutting and are extremely well positioned for the future is enough for me. I really don't know what johno wants here but his record speaks for itself and his arguments are feeble

May 28

not much higher now so you are welcome back again. You are right though in your observations, solidly run good loyal client base, winning more clients than they lose, and still trading reasonably profitable, anything above 20 mill will be fantastic and promise great things for the future. Also teh currency has helped them withthe pound being as weak as it is and they are earning lots in other currencies.I hope BCD will use some of the 50 million to buy a few more percent of HRG. Amex is of course mainly a financial company, and BCD has not doen very well in the UK and got rid of a lot ofpeople in the States. The other big advantage HRG had and that took some foresight was having financing arranged to 2011

yeah, you are right, it was 160. The 130 was the price I paid to get a quick 30 points for when the due diligence was done. Luckily I got suspicious about the time it took and got out with a loss but before the collapse that happened when the deal broke down. I am very confident I will get my monye back and much more on this in due course

Thanks, I saw it somewhere else but good news. It is not that long ago this company was subject to bid talk from memory I think it was130p. I would be very happy to see it back at 50-60 p if a bidding war should occur.

Looks like that was a very bad deal so MNR has reacted positively to that news

rememeber it is th e only one in this sector and tehrefore a lot of people know very little about it and just judges it as a travel share although it cannot be compared with neither airlines nor tour operators. Today there were so much focus on banks and others that it doenst surprise me, the lack of focus. We are getting closer to results so attention will coem back and I admit to be a bit nervous. Astonishing if they keep to their forecast, that would be brilliant but they shouldnt go too far below or they should have issued a trading statement. It has been a long time since we had a change in the ownership stakes and with allthe shares that have changed hands since January something ought to come very soon

bad day on the markets but HRg was the bright spot and didnt sway away from 23.25-23.50 (despite what it says on this site) all day except in after trading lost a complete point to end at 22.25. Difficult to explain why that happens but normally corrects it self first thing next morning

I took out a short on these at 47.80 the otehr day and expecting to make about 10%, thought about closing to day but cant see RBS doing very well for some weeks now. Regarding testing the lows I am in the camp that think that we are well passed that. It is already generally accepted that the recession willnot be as deep and long as first expected. House price falls will be less than forecast and we might see growth this year. The tide has turned adn with it the sentiment. That doesnt mean that we wont see awful numbers and especially unemployment will continue to grow but unemployment is the last indicator to turn after a recession. I think Barclays will do fine but not grow a lot from this point, Lloyds have the 38p shares as a carrott and untill that is over I expect the SP to keep above 70-80 but RBS with no outlook for profits or dividends and very high government ownership I can't see going much higher for months.

I am of course going for my full entitlement ob shares in the open offer. I just wondered if anyone knew what happens withthe shares that do not get taken up, do they go to teh underwriters or are they offered to the general public?

I know we are a good group of stalwarts here including your good self. All I am saying is taht some are just waiting for the bid. I am also waiting for the bid but thisis a healthy company and inmany ways healthier that when it launched at 90p as profits have held even inthese bad periods for teh indsutry and therefor could rise to 90 p again even without the bid. Quite volatile week but looks like ending on a high. It is slike a pressure cooker waiting to explode, something is brewing, I wish I knew what!

great article, nice to see I am not tehonly one taht beleives tehy are well undervalued even without takeover whicvh is not even mentioned. 4 times present value in a couple of years will do me very nicely and the market seems to agree and aftera dodgy start they are back on the march

Another good Hogg day, 7% up with hardly anything traded, is anything brewing? The travel trade reported today no impact from swine fever!

Asia was well up, europe is well up and US futures look good, real pity we arento trading today, but as long as Dow doesnt get a funny turn this week shoudl start strongly tomorrow