Member Info for buller

opened quite a large long this morning. Hope I have hit it spot on, hoping to go to about 11.80. 10% will do me very nicely

Yes I do know that, just not often we see them on this share. let us get some excitement and preferably as you say some buys!

Lots of buys but they are all minute, don't really understand the games played here but time we move back up to 50 to be ready for results and the next move up. Welcome back CTW

shouldn't make any difference. The company is run by David Radcliffe whoever sits in the Chairman's seat

Don't ever resist the urge to give some ideas and tips. That is why we ( at least me) are here. Promise will never blame, but will do my own research and hopefully find something I like. I also have to check is they are all applicable for ISA, but of course still might invest. I have luckily had a lot of profits over the last few years, especially in HRG and tried to move them around to ISAs and family to get rid of the CGT, Utilising the lower level just now to do the rest. Oil companies with cash are in just now, I believe, as they might be able to snatch up some bargains from those who cant survive the low prices but otherwise have solid businesses. I have gone back in to Sefton, probably the worse company and worse run company over the last 5 years. Now with a new investment group with some real money behind it, new management and having got rid of loss making assets and debt could be the next big thing if they buy sensibly. At this time no production but the price is so low that I find it difficult if it survives which it clearly looks like now that it will not go much higher. It has doubled already but still only fraction of a penny. I am in at o.08, now around 0.14 but if you are willing to wait can see it much higher. Again DYOR. Thanks for the tips. As we don't have that much happening on HRG, might be a good forum to exchange a bit of info on others but we are moving steadily back up towards the 50. Year ending next week although results are a couple of months away.

thanks for that research. I honestly don't believe the results will be disappointing. Expectations take the profit warning into account and HRG are known to be conservative in their messaging , if they thought it would be worse they would have said so, so I actually think results will be OK, maybe slightly better than last year and dividends will be at least the same , maybe a nudge up. Maybe the market didn't like the splitting up the company in 2 business units but I dodnt see why, looks a shrewd move to me. Canada seems to have calmed down and all in all I expect us to get back to a much higher level in the next year, we have started the fightback now. I have just moved all my shares to my ISA (those who were not already) , cant really see any others that I believe will give me that sort of return that I expect from HRG over the next few years.

what ever the reason the lower price certainly attracted some serious buying. Considering how few shares there are in general circulation there were some hefty purchases yesterday. Is somebody accumulating, if so whom? Strange that the price didn't move up, some days very little volume causes great movement and others the opposite, need to get back to 50 very quickly so we can move up from there with the results and the dividend which I expect to be at least held and maybe even slightly up.

anyone here knows any reason for the drop in price the last week?

your comment made me think what I bought these at. Looked back and in april 2009 paid 14.72 and although I believe there was a 10 for 1 at some stage 147.2 is great profits. Everything bought back then like BDEV and TW and even BARC have turned out to be worth a lot, wish I had bought a few more! Have about 1700 so plenty for a good holiday

Interesting comments and I think you describe it pretty well. I do think they want to deliver services to each other and possible charge for these internally , a charge that my or may not be passed on to clients. They also want to sell their technology and abilities in oterh areas to other companies and found it difficult to do so while they were under the HRG hat, hence the new branding and the new organisation headed up by their old CIO, Brindle. This gives space for more new blood in the HRG board which I think is a good thing. Whether they can compete with companies like Concur who dominate the online and expense management scene remains to be seen, but no doubt that is where the money is. So not too much to lose and quite a bit potential upside.

A good guy leaving but i do think some new thinking is due in the company. The industry has changed a lot and there are good business people in many positions in hrg but it needs a but of generation shift to get the new and younger voices heard. It is hapoening but needs to move faster. The big announcement last week was the splitting of the company in 2 divisions, one if them selling services to the other. Might be a very shrewd move or simply a gimmick. No reaction on SP after that announcement at all so assume jury is out for the time being

Well done and congratulations to you and I am sure to many more. Not easy to find the bottom and my first investment here certainly didn't and I was ridiculed here for saying our time would come. Not many FTse shares can show such a return, this one, TW where my average is 9!! and HRG (AIM share) where my average is 11 are proabbly once in a lifetime opportunites except for the odd penny share and I can also look forward to a earlier and more secure retirement when that time comes. I am now always on the look for shares with bad news where the drop has been overdone from otherwise solid companies. It can go wrong (northern Rock) but most times it goes well, BP, Tesco, Thomas Cook etc are just a few examples.

don't post here often but BDEV and TW and HRG have been so good to me that I feel reason to celebrate today where we have broken the 500. Whne I first bought this in 2008 and thought I got in quite close to the bottom I was in deep losses but kept averaging down to bring quite a big investment to an average of well below 100, lot of clenched bottoms later and here we are at 500 and I can actually get quite emotional about it. Have no intention of selling now, as building is so important for the future of the economy. Well done today to everybody who has taken the ride the whole way. Been nearly impossible not to make money here and well done to the board.

very good sign, shows that we are just at the start of the upturn in SP, nobody knows it better than directors

truly hope you are right :-). There is no doubt looking at what prices are paid in the industry as multiple of EBITDA HRG should be valued somewhere between 85 and 100 and that is based on quite a low profit level compared to the rest of the industry but a very steady one. I do think with takeover and utilising the strength s and repairing the weaknesses this company could generate much higher profits and if I can see it so can the hawks who might be hoping to pick up this company. I wonder whether anyone has used the period of far too low prices to pick u a few more percentages, wouldn't surprise me. Interesting few months ahead, me thinks.

Knew I shouldn't have written anything and tempted faith :-) dropped a bit again, hope we can hold above 50 and build a new floor.

Been careful being too optimistic lately but now the trend is so clear and being top of the risers board today is sensational. So is it the management report the other day that basically removes the fear that came out of the profit warning or is ti something else, like the long awaited takeover battle. I don't know but very happy to sit on a whole heap of these shares and see them rise again. It has been a few difficult months.

So anyone who thought the profit warning was the beginning of a slide down which caused a nearly 50% drop in share price are coming back and the price is creeping safely and surely back up. I assume the market expectations are revised after the profit warning but it was very mild warning so I think the results will be inline with last year when the SP was around 70 and in the meantime the cost base has been substantially reduced which promises well for future years. all in all steady as it goes and I can really only see the good trend over the last few weeks continue. Expect to be above 60 when it comes to results, remember the high dividends we get here

Yes, that is interesting, long time we have seen anyone crossing the 3%. It shows that this share is attracting interest at these prices ( no wonder). the only problem is that even fewer shares will be in circulation. So many shares in HRG are held by people who wont sell. It means it wont take a lot of buying pressure to get the price up, nice to see a small adjustment already, much more to come, would love to see 50 before end of year (march) Notice also that the CFO is leaving, no reaction in market to this. He has done an OK job, go the pension liability reduced and the interest on the debt but sure they can find somebody equally good.

Although bullish on HRG , in general the holiday prices and even to most extentthe prices of air tickets have very little influence on HRG. They sell very few holidays and in the corporate world people travel when they have to travel and don't start going more because prices drop a little or go up a little. I think the rot has stopped here and we will be ready to move upwards from here in an orderly fashion. Cuts have been made throughout the organisation which will be reflected in the costs certainly next year and it looks like they finally have got Canada under control but it was costly. On the other hand I have bought quite heavily into the airlines. This drop in oil prices might not help results too much this year as they have hedged their purchasing, but at these prices they will be buying heavily possibly for years to come and these are huge savings and should give huge profits maybe larger than we have seen before, Ryanair, easyjet, BA, all already up but should have further to go.