Member Info for ChesworthCapital

£122m rev in 2022 FY. Seems like some good tactical restructuring of the business with less or no exposure to China and Russia. Recently refinanced debts and locked in preferable interest on this debt. £68m in booking for next FY already, so over 50% of 2022 rev. Looks promising for long term prospects, management has been good post covid. Working in the City of London I am generally seeing more business conferencing activity in London and generally throughout Europe. Hopefully this business activity can increase and Hyve SP can continue to strengthen. My net price is approx 70-80p so I am not down horribly, I think we could see it back to 150 by the start of 2023. GLA

Who's there? Haha I think chatter has died down but the fact value has held at the 65-70p marks shows fairly strong support. This will now be a bit of a slow burn over the next 12 months as HYVE restructures the business. News coming out from Ukraine recently should boost SP, that War coming to an end and peace in Europe will help Hyve's revenue streams. Clearly an imminent recession and less business activity/conferencing will have negative effects on Hyve, but I am currently sat on a 5-10% loss on my aggregated buy in price. Keen to hold and want to see a return to the fairly recent highs of 1.3-1.5 in the next 6-12 months. If it can get back to there I can see £2 as more than achievable. Still a good cash buffer and good management pre-covid and during covid

The margin of victory won't be 80 seats this time around. But yes Lib Dems in a lot of Southern seats a big threat. My point being that upsetting red wallers who are disillusioned with labour is bad PR for Tories, especially given the threat to seats in the South. In my view the Scottish voters will play an important kingmaker role in the next election, shame Truss appears to be alienating them too with some comments. Scottish voters desperately want an alternative to the incompetent SNP but Westminster hasn't given it one.

Majority of fracking sites in red wall constituencies which could be problematic for Truss ahead of 2024 election, as red wall seats will be key to winning.

Likely that tories will talk up fracking as it is generally a winning policy given current energy climate but only unveil specifics post 2024 election (if win).

My view is SP will track north until 2024 barring any damning reports, without any major surges. With a Tory win in 2024 causing a big surge. Bit of a gamble given polls as Labour in theory should be in a good position with all the Tory problems, although Starmer and most of labour shadow cabinet is very unpopular. My strategy will be to gradually sell off initial investment in monetary terms until 2024 and then free ride with current profit levels and hope for a Tory win.

Fracking will be a slow burn if it makes a return, but multibagger for sure if Tory win, even from here. Got in at a net 18p so very happy thus far. GLA

I have been getting a lot of stick from colleagues about my Hyve position, 'Dyve' was the common slur. But I am now even on what is one of my biggest equity holdings, and with todays news brings more hope for Hyve. I still think an attractive buy below 200p, I am expecting my net price of 90p ish to be a multibagger position in 1-2 years time. There is not much point speculating when things will be back to normal next year, just hold and be patient. Hyve have a good cash buffer and their sp had priced in back to normal at a much later date than what could now be possible (hence recent surge). Next stop 150p before 2021 imo.

3 years of cash if restrictions were to stay in place for extended period of time. So pretty healthy position especially in light of vaccine news. They had just rolled out some virtual conferences but these will not generate much revenue, their bread and butter is the actual physical conferences which now could come back by Spring. If that happens then hopefully Hyve can pick up where they left off back end of 2019. I still think massively undervalued and expecting multibagger over next 12 months. It's our biggest equity holding at present.

100% take the rights

I will be shocked if this does anything less than 400% in next 12 months.

We will have profit takers until midday then a rally in the afternoon. 0.7-0.8 today. I bought half my holding at 0.15 and half at 0.25, will probably hold and sell off a quarter at close today. Get the friday beers in