Member Info for g3orge

we'll inch our way forwards but we will get there

But I am pretty sure Mr King will have some ideas , I know it isn't a Kings ransom (no pun intended) what he has put it in but I think it says something when the board are buying in at the market price. Obviously they cannot deal in closed periods but he has jumped in pretty soon once he can buy. I make the assumption he has done so in order to buy as cheaply as possible , lets face it he wont be buying to post a loss I shouldn't think..... I am not aware of any new rumours but I did drag those broker reviews off the web which are rating it all a bit higher. I am seriously considering freeing up a bit of cash and following Mr King

Its always warming to see a board member put their own money in... Homeserve (LON: HSV)‘s stock had its “buy” rating reaffirmed by Liberum Capital Ltd in a research note issued on Tuesday. They currently have a $4.19 (260 GBX) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Homeserve in a research note to investors on Wednesday, September 26th. They now have a $4.19 price target on the stock. Homeserve opened at 216.28 on Tuesday. Homeserve has a 52-week low of GBX 136.10 and a 52-week high of GBX 487.80. The company’s market cap is £700.0 million. Homeserve plc is engaged in the provision of home emergency repairs. The Company operates in five segments: UK, USA, Domeo, Spain, and New Markets.

I dont think HSV are looking for a buyer I think they already have one and they are just playing it down for the right time to announce - well thats what I think , I have no proof of course it all just seems a bit odd. I bet all the bad weather we have been having helps profits too....as for not announcinmg new affinity partners in the US maybe all that is being put back for the right time too. Solid results etc nothing too exciting but that in itself is quite exciting after the last 12 months

I still believe that this is all a bit of down play - there is a bit of HSV commentary in the papers and I still think it is being managed while a deal is being struck in the background. I am pretty sure the profits of HSV have always been weighted towards the latter half of the year - its a statement I have read before....hence it sounds a bit "same oldy" and therefore is to disguise something else ocurring.....oh god I now sound like a conspiracy theorist , paranoid and desparate. Anyway I still think these are worth £3...any one? any one at all?.... OK just me out here in the cold with my predictions.

Pretty sure there is something here big chunks being shown as bought posted after hours two days on the trot. HSV does not do volume historically , market size still shows as 6000. I will stand by my £3 at christmas prediction. Either that or they are subject to some kind of private funding take over. They denied it a few weeks ago but where theres smoke there is fire and a couple of weeks is a long time in the city

Big out of hours buy to balance the books , i think it was a bump just to scare those poeple trying to make a quick quid who didn't get in at the bottom. Maybe I am over confident but I'm going to say £3 by Christmas.

And still it rises, I reckon the Market Makers are shaking out the smaller holders now so they can make a killing when either there is a MBO or a bid or those big institutions take it upon themselves to own this cash cow privately and kick out the small investor. Or maybe there is just a long term plan to hold onto the stock themsleves as a growth stock. Some one must have an opinion apart from me and Gringosmith

Gringosmith , yes I agree these are significant holdings IMO, half the company in the hands of institutions says to me they have far from cut HSV adrift in troubling times in fact they have a controlling share really...which makes me think that the institutions know they should be hanging on in there and for good reasons . Invesco having increased their holding too , I bet they know damn well what is going to happen. I wish I had bought more heavily at 140p now of course , the benefit of hindsight eh! Mind you they just keep on ticking up a couple of pence at a time , not making any headlines but just look at the performance over the last few months...they know they bloody know!!

well yet again more sellers but yet it rises again....so we have rumour of a take over which is denied, sort of. No update on the FSA investigation , good set of results , positive dividend payment , more sellers than buyers and a price that has risen strongly and consistently over the last few weeks - anyone got a view on why / how. Of course when I say more sellers than buyers , some one has to buy stock that is sold, that some one is of the market makers...they set the prices and are willing to pay the holders of the stock the price they quote and they are doing so. So are the MM's short of stock and need to balance the books by shaking out some small holders, or or or or , do they know in advance that positive news is heading this way and they are stocking up expecting some strong buying and they will be selling at a premium.... one way or another short of a catastrophe I read good news on the horizon for HSV because the MM's don't often get it too badly wrong (crossing fingers , touching wood etc) Any one got another opinion?

more sellers again today and yet the price rises...

well some one somewhere must know what is going on here , up 3.5%ish and volume is not massive by any stretch of the imagination, makes me think market may be either short of stock or are pricing in some good news.

Well although HSV have made no comment about the possibility of a private equity buyout Invesco have increased their holding to the point where they almost have effective control of the company or are oblliged to make some kind of bid. Which would suggest they may have some kind of plan to be this exposed to a company. I am far from expert but it seems like this is a cash cow most cash cows end up in the hands of private equity or the very wealthy...also HSV does not need to be heavily in debt by way of share issues as they use affinity partnerships to promote business rather than buyout of existing businesses. Do the numbers friends this looks like a winner to me.

looks ike some large out of hours purchases reported here!! something must be going on big buys still at this price

I called HSVtoday, they have no update so I guess we are all still waiting. Wish I had bought in more too 3000 doesn't seem enough now

I assume it is still on going the last report from HSV was that there was an investigation that would take several monmths and that was in May I think. I had planned to call HSV today to ask for an update in case I had missed something "Anna Maughan, Company Secretary.Tel: 01922 426262"....but didn't get round to it. I checked the FSA website but found nothing of much use there either. The price has shifted significantly since that was announced my guess is that there are not many secrets that are really well kept and the market is often second guessing so my gut says the market knows the news is not too bad or someone does and has been picking up cheap stock... like I did in the 140p's. So on paper I am quids in at the moment...touch wood etc.

Rockhard - this has been a good solid rise so far - obvioulsy still the FSA involvement potential but there must be some good sentiment or strong buying out there to force the rise, or stock shortage even. I still think something is afoot. I dont know what but they make money , good turnover, ambitious USA expansion = cash cow = private equity or MBO . That is just my naive assessment of the situation and that they are historically cheap.

Am I the only one wondering what's happening here. A lot of volume, NMS is 6000 which would suggest that MM's are not flush with stock yet there are a lot more buyers than sellers. Has some one got the inside track here and is picking up cheaply????

Apparently the take over chatter will not abate.... smoke and fire perhaps.

Can this be a MBO? Invesco plus the board seem to own a hefty wedge of stock, surely a bid would have have them on their side. Given profits are on track and the overseas / USA business is strong would it not make sense to take in private and dispense with the pesky restrictions that FTSE companies have with extra regulation...