Member Info for buller

I think it has dropped inline with the overall market which has dropped about 15%, have not heard anything that should cause any worries otherwise. I am not sure if HRG services VW or any of the other car companies but that wont affect it anyway. as far as I can see we are in track with expectations.

3 transactions of 1 share each! I know some believe that is a signal that a RNS is coming, Ithink that is old superstition but stil lhave no idea why anyone would trade for 64 p and pay costs on top of it? Otherwise reasonably quiet here. Have held steady during the recent turmoil, hopefully will go up with the recovery!

Hi Lego, SER is on life support, honestly cant see them survive, will need a major miracle. I have about 20 times larger investment here than in SER and even with the unexplained recent drop things are good for this share. I have an average of 11 and am hoping for 3 figures at some stage especially if there is a takeover bid which is likely with 2 companies owning over 20% each of the shares. very steady profits, great dividends, solid steady management and very little risk to the main model. They could be more profitable compared to the industry but the multiple of EBITDA is far too low compared to recent deals in the market. Other than that I am in a number of larger shares. My best ones that I got in at the right time were BDEV, TW. Barc, BKIR, EASY, INCH and IHG. I am looking now at shares which might recover at some stage, STAN, BP. both in my view oversold and far too low. I do have a number of smaller ones such as XTR, CEB, PREM, SAR and NTOG but only small bits in each. Also bought some in MIN which if Greece ever turns around have some good projects there as well as a good base in the UK. Goodluck to you and as always DYOR

as long as we get a bidding war within the next 3 or 4 years so I can retire happily with a price above 100, I will be satisfied!

Just saw he Edison analysis which promises good things to come. price dropped today for no reason whatsoever: http://www.edisoninvestmentresearch.com/serve_pdf.php?d=researchreports&f=hoggUpdate290715.pdf&first_name=&last_name=&company=&email=

That is of course the hole, that we get into a bidding war, I am sure HRG would prefer DNATA, could be a very interesting next few weeks and months! really hopeful for a much higher price and if a bid comes in could easily be 3 figures. At that point I am going to take my profit, me thinks! but one step at a time!

Some strange holding RNSs today, seems that BCD has changed which company is holding the shares but looks from the last one that they have now 25% of the shares. This has stood still for a very long time at , I believe 23%, and why would they increase the holding if they are not after a takeover which will be triggered at 29%. Have waited for several years for this, so lets hope tings will happen. Wonder if price will move over 70 this week or maybe higher?

absolutely remember, thank you, I am also in XTR Just saw a delayed transaction here of a buy for 237.000 pounds on the 7th, somebody either knows somebody or is very confident !

Greece is obviously a dampener but in terms of HRG very little direct impact. This is the time that all the clever heads we have been paying fro in Europe all these years get their heads in gear and sort out a solution that will give some stability for a some years. It is such a small amount of GDP compared to the rest of the world but it creates a psychological barrier and therefore even if it cost some billions it must be sorted out. The interesting part is that UK which have so little exposure in Greece has dropped over 10% from its highs, Germany a bit more and this is when teh economy in general is on the way up so in my view it is clear that once we have a solution we will move towards and past the 7000 again certainly imo before teh end of the year but probably before. HRG has held up very well considering and if then can ride on the move upwards again it si looking fine. See you are also in PREM, good day today , interesting share and potential there as well. Also keeping an eye on XTR.

very nice and welcome rise this week. I have never seen on this share the activity that we saw the last 10 minutes last evening. more trades in that period that we sometimes have seen in a month. NOt big deals but steady buying. I don't know what it means, further stakebuilding in small portions? signal to market? or what? ANy ideas? at least we are moving very much in the right direction towards recent highs. A little way to go and then we can hopefully move toward the 3 figures or there is always the hope of a takeover bid which could send us really flying.

nothing really significant. Of course they had a CFO before, He resigned a few months ago and left a few weeks ago. The new appointment has been in HRg for several years, good reputation and track record, shouldn't make any difference, certainly in on a negative way

buy/see it his hard to see but big bucks, keeping a very close eye on this

absolutely, enjoying a lot of rides just now, interesting times both here, there and elsewhere is you see what I mean!

don't worry, I get told off all the time because I can see through the ramper games. I only bother about opinions from people I respect. For me I am here not to be told that a share I hold is great , that seems to be the main conversation on most of the forums. These guys belong in a fan group on facebook. I want to hear nuances, pros and cons, strategies and ideas for new shares to research, so keep on posting! Obviously hope this goes up but taking a profit can never be wrong. Money in the pocket and all that!

Thanks mate, I always appreciate any hints on other shares, impossible for all of us to follow everything nd hat is what I think these forums should be for, but on most there is far to much bickering and ramping to be able to get a proper overview. I spent an hour on Prem this morning and it looks like over the next 6 months there could be graet returns so put a few thou in there. I am playing about on SER at the moment, a company I know inside out have followed for 6 years , luck as some of very few to make money on it as the old regime thre was totally corrupt and driving the company straight into the ground. It was saved last minute by some string money people , IT is now an empty shell but waiting for a new CEO and the first assettt should be bought within next few weeks, might hear already Tuesday and if it takes off tehn the present price should long gone. Also in XTR at the moment, so that is my triple play. If one multiplies by New year, I am happy if all 3 does it is the jackpot. I know a fair amount about HRG , happen to be the business I deal with which is why I got attracted when it dropped to 5 p 6 years ago. It was a totally crazy an d unjustified price and I have made great money on them! They are seriously undervalued compared to other companies in the sector (only one listed but I know every one that has been sold in recent times). Should be at least 50% higher but they do have still too many staff for turnover compared to major competitors and carrying a liability in terms of the pension pot. However 2 other companies in the sector , BCD and DNATA, one hostile and one friendly owns over 20% of HRG each and one day one of them or hopefully both will go for a bid moving to 29% where they have to put a bid. That is what I am waiting for , been waiting some time but the CEO who controls every thing in the company is in his 60's now and might wish to cash in. Only between 10 and 15% of the company shares in general circulation. The rest owned by the companies above, directors, institutions and other sharehodlers like myself who wont sell for now. In view of that the last few days have seen some major buys which always makes me think , this could be it ! Anyway 20% this week with the number of shares I hold , that is serious money so I am delighted! Goodluck and keep posting even if you don't hold thold.

sorry to hear that but always good to take a good profit which I trust you got. I do have a wide spread of shares and move around a fair bit but these I will not even consider selling under 80. A good dividend income, very little risk and a big opportunity of a takeover bid at some stage which would take them above 100 imo. Will have a look at Prem and good luck to you!

http://www.directorstalkinterviews.com/hogg-robinson-group-plc-49-5-potential-upside-indicated-by-canaccord-genuity/412664034 They say 49.5% but mean 49.5 since their target is double so that makes it double todays opening price could be an excellent year ahead

Thanks for that analysis, combined with the news that there was no further bad news in the result gave HRG exactly the push we have been waiting. excellent day!

Nearly on the spot as expected. Profits slightly down but after the profit warning early in the year we knew that and the second half proved to solve the problems form the beginning of the year and performed much better which promises well. The problems with Canada are solved and should be profitable next year and now secure for 6 years. Net Debt continues to be reduced and payment for pension scheme agreed for 10 years although total pot still high. Cost savings through reduction in staff going to contribute 8 million extra next year and outlook overall looks rosy with growth in the new Fraedom brand and the spendvision product. Finally dividend continues to grow 5% a year despite the drop in profits. That exudes confidence. From every thing said I would be surprised if we don't see a substantial increase this year to around 40 million from 31 million. If the share price follows the same pattern we should be at 65 but I believe we have been far too low this year due to the market awaiting solutions to the early problems which are now in the past. Also if we look at some of the valuation s of similar businesses sold in recent times a multiple of between 4 and 5 of ebitda is far too low. We have seen close to 10 but even if it was 7-8 we should now be 70-80 and in a year around 90-100 and that is what I will be hoping for

Great to see the price in more sensible territory. Tomorrow is important as we want the profit warning to be out of the world. Not expecting any surprises on results, hopefully dividend continues at least at the same level or a little improvement, but important that the verbage on present trading is promising. The problems in Canada have hopefully settled down and they hopefully have adjusted the staffing in the regions where they have a lot of oil business which has dropped due to the oil price. They have won new contracts which they will only benefit fully from next year. They must reduce their staffing even further and hopefully we can start to hear good news from their new brand, Freadom. If things go well we should move swiftly higher from here. At least we are seeing strong buying at this level and I doubt this is in order to sell tomorrow. Maybe somebody has heard good news leaking?