Trader2509 Nov 2012 09:34
You are right about the director salaries, bonuses and fact they have not been buying shares. However note debt is falling, hire days have stablised and in the first quarter the company returned to operating profit against a significant loss in the same period last year. For the six months ended June 2012 the operating profits were 2.4 million (!) shame the interest costs wiped this out. IMO and it is just my opinion, HHR is edging very slowing in the right direction and u only need to look at the sp two years ago to work out the poss potential outperformance here. Is the share worth more than 2p? If yes buy. If no sell. Simples