Good question, normal circumstances I would say yes. But my gut says that something is going down here right under our noses. I wouldn't normally think of investing in a fancy cooker manufacturer in this economic climate, but maybe they are being eyed up for recovery. The could be easily overlooked. I have bought in and think I'll ride them unless it looks all wrong.
I think something is afoot here, cannot see any reason for this rise, maybe some one is buying stock and the MM are trying to mop up what ever they can to make the order up. The NMS on this is pretty small so large buyers would surely push the price up in an illiquid stock like this.
I cannot see these recovering at all - who in this climate buys a cooker for £1500? I think they are more likely to slowly wither. Unless something stunning happens.
I was trying to make the point that press seems to be fairly positive about this. And maybe the strategic aim is to get rid of crappy emergency sections of the business and concentrate on generating something that creates revenue. Just because you had a personal bad experience does not make it a poor investment. Their expansion into the fragmented US market may prove to be a brilliant business plan.
I still believe these are a growth stock. Richard Harpin was one of the founders of this company and he should know what parts of the business fit with the strategy of making it grow - a big customer base is what this company needs plus they are expanding in the US.
Also what are RBS doing employing analysts?
HSV should form part of a long term growth portfolio, they are FTSE100 stock in the making and if their US business grows nicely as it has been they will keep going up nice and steady
RE: exercising of Options/warrents.13 May 2009 21:18
Thank you for this, very helpful. Not sure how much use this Premium share chat is but nice to know someone is looking at it. Going to hang on to these see if they fly.
Gents, I recently bought 10k just to tuck away. I am not into shorting, too scared! Is there any disagreement that a longer term view on these is a poor bet? Put my mind at rest...obviously no one really knows the future hence only 10k bought.
A reverse takeover by Nanoco. They are a nano tech company I think created from researchers at Manchester Uni now backed by some money to market sell and develop Quantum Dots.