Member Info for Hardboy

And I think that's why they have been sinking so much of late - the fears of high interest rates for longer and a large debt to service. The devaluing of their estate could be a a factor too, but if their estate is all let out on long leases, short term fluctuations in the valuation of the property is not overly important. The other concern could be that if inflation stays high for long it could upset the business a bit. Although most leases have inflationary clauses in them, most have a cap at 5%, so if inflation stays above that, costs rise quicker than income.

"Credit to MANO for publishing the TU the day after the judgement"

I can't remember the exact time frames, but they had to. As soon as a company listed on LSE has news which could affect the share price they have to release it.

But agree with the sentiment on this board - a nice positive update.

There are a lot of interesting & informative comments on this board, but I get the impression that everyone is judging the potential for ITM's success rests purely on powering road vehicles. ITM are about making electrolysers to produce Green Hydrogen, or about producing green hydrogen for commercial use. Over coming years the Government is throwing money at trials using hydrogen to heat homes, and at moving from Grey Hydrogen for use in products like fertiliser to Blue & Green Hydrogen . And at using Green Hydrogen for marine, aviation and HGV/bus propulsion.

There are a lot of potential end uses for Hydrogen; and the future will be green or blue (or pink or yellow.)

888 grown out of an on line gaming idea. WH Smith grown out of physical bookmakers. 2 similar but related concepts. And the strengths of each are still in their origins. So joining them together providers a more balanced business and provides for a lot of synergies for savings.

It made perfect sense. Whether they paid too much is another question. And whether they were unlucky with the timing of the deal just before interest rates took off is another.

And until we get the results of their internal investigation, I wouldn't touch it with a barge pole.

I agree results were in line with expectations, but at a sp of 500 the PE would be 13.5. And this for a company more than doubling profits last year and saying the opening months of this year are going even better. I'm not too worried about increasing debt - it's to open new stores and increase stock, and the payback time of such investment seems remarkably quick. I expect the broker re ratings to be generally positive. We shall see.

Yes - it's hard to know what they had to report to send the share price higher. Expect it will recover later in the week when brokers have given their verdicts.

It's in the results announcement - Final Div: 110.3p Ex Div date 6th April. Pay Date 24th May.

"Hikma Pharmaceuticals rose 5.3%, as it reported a dip in annual revenue" but ended the day down.

It's had a great run lately - recovering from being hugely oversold in my mind; but I think it's getting closer to fair value. There may still be a bit more room to the upside. I think it more likely to edge higher than lower over the coming weeks.

I understand every one having opinions and being optimistic or pessimistic, but until we know the results of the internal inquiry it's all just wishful thinking - in a matter of weeks 888 might be in the centre of a huge police investigation (or many police investigations in different countries) into whatever they discovered wrong with the VIP service and what ever they discovered to warrant immediate sacking of the ceo; or we could find it's nothing to worry about and 888 can get back to integrating WH & gro0wig a profitable4 business.

But until then - you're all just guessing - comments like being the end of the bad news, is just wishful thinking - it might be, it might not.

It looks like the big buyer was Aberdeen selling

"The sniff of any bad news is a “big short” time, for many, including bigger investors. They sell out the second they hear any bad news, then publicly deramp as much as they possibly can,"

Sacking your top man with immediate effect is not just "any bad news" - until we get the results of the enquiry everyone is guessing about the state of the business. I sold out at 94 the morning the news broke, which means on this investment I'm about 50% richer than I would have been if I'd held and hoped. Call me a deramper by all means (sticks & stones) but I believe in the long term future of this business, and I was defending the take over of WH when most on this board were crying about their short term losses and being very negative on the company.

"Feels to me like there is no good news on the horizon "

well there is news on the horizon - we will have results of the internal investigation. we will have the finals in about a month. we will have a new CEO appointed.

Whether any of these will be good or well accepted by the markets we shall see.

And of course there is the internal enquiry into dodgy dealings, and I am sure the authorities have pricked their ears up at that in case anything illegal was going on. It really could be a long slog to regain confidence.

I actually think the combined 888/Wm Hill company should have a good future. There are so many synergies and complementary services. However, I am surprised at the short term optimism on this discussion board. The CEO got sacked with immediate effect. That is huge. It'll take a long time to rebuild market confidence amongst large investors. There may be some short term ups and downs of the share price as small investors look to make a quick return, but it's not going to get back to where it was until the big boys have faith. A New CEO which the market knows and trusts is what is needed and that could take some time,

I think the reason the share price has been weak lately is because most of the leases they have, have inflation adjustment clauses so they can put rents up in line with inflation. BUT the rises are limited to 5% so if inflation stays above that for long SUPR will begin to lose out. Hopefully inflation will be over 5% for just a few months, so it won't hurt the business too much.

The reason they are buying 4% is either they have some high worth clients that want in, or their fund manager is very bullish.

Or could they be positioning a stake in anticipation of it joining the FTSE250?

With the huge spreads it's difficult to tell what's going to day to day but the large volume, yesterday caught my eye. Half of it was down to directors selling. Mainly excising options then selling them, but Peter Harrison also sold a chunk. He still holds over 6% of the issued capital so I don't think he's abandoning ship.

"All the news is out" - well the last significant news release said an internal investigation is on going, so at some time we should hear the results of that, and I would suggest that is some news that is not out.

Today and a big rise.

I was so tempted to sell a chunk at 105 on Friday. (Obviously wish I had.)

Doubt the CEO will have any kind of settlement - more like strip searched and escorted out of the company.

What nationality was he? Just tried to search it & could not find out.

Anyway sold the lot at 94. It'll take some time for this to settle, but I still think the larger company will do well.