Member Info for chanjael

Having said that, I'd rather see Graham's version of events come to fruition of course :-)

I'm not here to judge anyone I'm just curious. I have quite a large chunk invested in HAYT at an average of 42p which naturally means I would like the price to rise significantly from that marker. Personally I don't have any problem with Ed or anyone else posting factual information relating to the company, whether that be positive or negative. Ed is quite right, these boards are there for us all to share information to gain more knowledge. I also can't see how Ed is desperate when he has already mentioned he sold up and made some money, albeit beer money, but still profit! Our views on here are hardly going to change the direction of the share price but I for one am happy to listen to both sides of the table. GLA.

Hi all, is it common practice to leave things until the deadline date? Question relates to both RBS banking situation and AVG potential offer? Some insight would be appreciated. Cheers.

Just been scouting through some of the posts on ADVFN's chat board for Avingtrans. Reading between the lines AVG shareholders seem very positive about the potential HAYT t/o. They seem to think that the AVG board are opportunists and are hopeful of buying at a knocked down rate due to the current (albeit temporary) £20m debt burden. Looking at the size of AVG I just can't see how they will be able to make a sensible offer without a rights issue of their own. There was an interesting comment from one of the posters who attended AVG's most recent AGM however which stated: "I attended the AGM in November the Board stated they were very open minded as to what they may or may not do towards an acquisition. It was stated that whilst they had just completed the tender offer they would not be averse, or think twice if a rights issue was needed to complete a targeted acquisition"

Hayward Tyler Group plc, the specialist engineering Group comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to provide the following update on trading for the year ended 31 March 2017. The Group expects to report revenue for the year of c.£63m which is in line with revised expectations. As expected, trading in FY2017 was strongly weighted to the second half of the year and the Group's previously communicated profit guidance remains valid. As announced on 20 February 2017, the Group expects to report a return to Trading EBITDA1 profitability during 2H2017 with a Trading EBITDA1 of £4m-£5m. The Group therefore expects to report that the Group was breakeven at the Trading EBITDA1 level for the full year in line with revised expectations. Further to the recent updates on new order wins, the Group is delighted to report that order intake2 increased significantly in 2H2017 when compared to 1H2017 with order intake2 of £42.9m in 2H2017, an increase of 68.9% on order intake2 of £25.4m in 1H2017. On an annual basis order intake2 was up 11.2% to £68.3m (FY2016: £61.4m). The order book3 at 31 March 2017 was also encouraging, with an annual increase of 38.0% to £49.8m (at 31 March 2016: £36.1m). By comparison the order book3 at the end of 1H2017 was £48.0m. Net debt at £22.1m (at 30 September 2016: £18.3m, at 31 March 2016: £8.6m) mainly reflects increased working capital as a result of a significant increase in activity during the final quarter and capital expenditure. Net debt at 31 March 2017 was in line with revised expectations and the Group continues to have constructive discussions with its bank, Royal Bank of Scotland. A further announcement will be made in due course regarding the repayment of the £2.4m of short term banking facilities and annualised measurement of the financial covenants. Chief Executive Ewan Lloyd-Baker commented: "The Board and I feel very encouraged by a strong return to Trading EBITDA1 profitability in 2H2017. The robust order book entering the new financial year and the continued strong pipeline, combined with our recent investments in our front-end win order processes and renewed focus on taking cost out of the business, will stand us in good stead to get back on track and deliver significant and cash generative revenue growth to our shareholders." Notice of Results and Analyst Briefing The Company will announce its results for the year ended 31 March 2017 on Wednesday 28 June 2017. An analyst briefing will be hosted by the management team at 10.00am, Wednesday 28 June 2017, at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN. Analysts who wish to attend should contact Buchanan by email at: haywardtyler@buchanan.uk.com to register. Profit Forecast The following statement was made by the Company in the announcement made on 20 February 2017 and constitutes a profit forecast for t

Thanks Ed and Graham. Let's see what the morning brings . .

Ed, I've been giving some thought to your post. Now I may be in danger of becoming a complete pain in the a**e but I have another question. As the shares continue to trade after an offer is made, what happens if the share price exceeds the offer price? Is that a dumb question?

Thanks Ed - appreciate your input.

Thanks for the response Graham. Excuse my ignorance here as I have not previously held shares in a company going through a potential buyout situation. My question is if AVG make an offer which is accepted would HAYT shares stop trading immediately? Also, how long will it take to receive the money in exchange for the shares I hold? I ask this as I don't particularly want my money tied up here for a long period of time. Any advice would be much appreciated. Cheers.

Surprised to see such minuscule sp movement considering today's buys, tomorrow's trading update, a potential buy out and banking info due! Also wondering if hayt's current financial position and likely loss will have already been completely factored in to current sp or is their a shock to come in the morning? Any thoughts?

Not doubting you Graham but what makes you think further contract announcements will be made prior to 20/04?

12 April 2017 Hayward Tyler Group PLC ("Hayward Tyler" or the "Company") Contract Wins Hayward Tyler Group plc ("HTG", the "Company" or "Group"), the specialist engineering Group, comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to announce the following update on new order wins, totalling £3.7 million. Through late March, the Group secured a number of new major contract wins. In the aftermarket business these contracts, with a combined value in excess of £1.0 million, are for replacement motors for the Indian conventional power market. The contracts are to support continued operation of 600MW and 500MW coal fired power stations in the states of West Bengal and Jharkhand. All units will be delivered to customers in this fiscal year. On the Original Equipment side the Group has also secured an order for eight electric submersible motors in an order worth over £1.5 million. These motors are for a seawater lift application in the upstream Oil and Gas market, with the end destination being an Israeli facility in the Mediterranean Sea. The motors will be delivered in this fiscal year. Finally, the Group won two contracts, worth over £1.2 million, for three glandless boiler circulating pumps with Chinese boiler manufacturers. The pumps are for two 1,000MW coal fired power stations in China and one 660MW coal fired power station in India. All three units are due for delivery during the current fiscal year. Chief Executive Ewan Lloyd-Baker commented: "We are very pleased to announce this series of contract wins in addition to those already announced in March as evidence of our ability to convert our strong pipeline into order intake. Importantly, these awards are for a range of our products, servicing the varied end-markets across key geographies for the Group. We are anticipating revenues for our financial year just completed in the range of £60-65m as previously highlighted in our announcement of 20 February 2017. We look forward to updating the market with further detail of our continued good progress on Thursday 20 April." The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014. 1 Trading represents the underlying performance of Hayward Tyler and Peter Brotherhood together with head office costs For further information please contact: Hayward Tyler Group plc +44 (0)1582 731 144 Ewan Lloyd-Baker, CEO Nick Flanagan, CFO FinnCap Limited, NOMAD and Broker +44 (0)20 7220 0500 Matt Goode / Emily Watts, Corporate Finance Tim Redfern / Tony Quirke, Corporate Broking Akur Limited, Corporate Finance Adviser +44 (0) 20 7493 3631 David Shapton / Tom Frost / Siobhan Sergeant Buchanan Communications, Financial PR +44(0)207 466 5000 Charles Ryland / Chris Judd / Jane Glover Ab

seems to have gone very quiet on this board, much like the share trades . . .

Ah thanks Poole panic attack over . . . Perhaps! Not so good today! 46/52!! Bizarre . . .

Lost me there Poole? Have you seen something I've missed?

Massive spread! 48-55, what's that about?

Ah sorry Graham, were you referring to EdGasket?

Not quite missed . . . got on the boat, with all my spare worldly belongings at 42 ;-)

Be interested to know what the Directors share prices average in at. Anyone??

I just can't see an offer as low as 48p being tabled. AVG will know that it would be a complete waste of their time and energy. They may well be opportunists, but I would also take an educated guess and say they are fully aware that a financing resolution is pretty much a dead cert and that HAYT's secured/future order book and probable order book both look healthy. That is only my opinion of course but at 48p they know they'll be laughed out of the door, surely....? Doesn't make business sense, may as well stay at home.