HHO - actual value5 Sep 2005 16:38
HHO - Despite the Apr 05 accounts which showed a £92M debt, HHO seem to have cut a lot of dead wood and are restructuring well. Regardless of whether a KM bid comes off or not, aren't the shares still actually quite cheap? In other words, despite having bought on the back of rumours, HHO shd still be strong in the future. The shares are still near their cheapest over 5 years. Am I being overly optimistic? Are these dog shares dressed up with the prospect of a quick profit? Any thoughts?