Hargreaves Services (HSP)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

550.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 580.00
  • 52 Week Low: 383.00
  • Currency: UK Pounds
  • Shares Issued: 32.72m
  • Volume: 60,912
  • Market Cap: £179.96m
  • RiskGrade: 224

Sunday share tips: Ocado, Hargreaves Lansdown, Volution

Date: Monday 08 Sep 2014

LONDON (ShareCast) - After a "wild ride" for Ocado shareholders, the company faces further uncertainty, Danny Fortson argued in the Sunday Times. Its agreement to deliver groceries for Morrisons cheered investors but it has not signed any more deals.
Ocado is in a price war with other grocers, who are catching up with its service levels. There are also worries that its agreement to sell Waitrose products to 2017 may not be renewed. On the plus side, Ocado's third giant warehouse will take less than half the time to build than its second. "Every ride gets old," the Inside the City tipster concluded.

Shares of Hargreaves Lansdown look too expensive despite the company's success in attracting assets, Questor said in the Sunday Telegraph. The amount of money Hargreaves makes from each pound invested is falling because it has been forced to switch to a less profitable upfront fee model and rates on client money deposited at banks have fallen. Hargreaves has applied for a banking licence, which could let it pay better rates to clients or generate higher profits for the company. The dividend yield of 3.2% is useful but, with the shares trading on 27 times forecast earnings, Questor recommends selling.

Volution's future looks bright and its shares should yield good long-term rewards, Midas argued in the Mail on Sunday. The company, which floated three months ago, is the UK market leader for residential ventilation and is also strong in Germany and Sweden. With the economy recovering, people are spending to upgrade their homes. Volution's products are unobtrusive and it has developed a system that lets air in without losing heat, which meets requirements for new homes. The company has committed to pay 30% of post-tax income in dividends from January 2015. Buy the shares, Midas said.

Bank some profits from the soaring share price of Staffline, the blue-collar recruitment firm, Questor advised in the Sunday Telegraph. Staffline has benefited from the UK's economic recovery because is a big player in finding work for welfare claimants. The government pays it for training people and getting them back to long-term work. But after the shares rose 65% since Questor tipped them in September, now is the time to cash in some of those gains.

City opinion is divided on SuperGroup, owner of the Superdry clothing brand, after a rocky rise since 2010's flotation. Midas in the Mail on Sunday recommended sticking with the shares and for non-holders to consider buying if the price falls. The tipster recommended selling a year ago when the group's fashion director sold 20% of his holding. Last week's upbeat trading statement said like-for-like sales rose strongly in the five weeks from July 26th. Chief Executive Jamie Dunkerton holds 32% of the shares and has ambitious expansion plans in Germany and, later, China. The group also has the scope to sell more clothes to women.

Arcadis, the Dutch consultant trying to buy Hyder Consulting, which designed the Sydney Harbour Bridge, increased its offer to 750p a share on September 5th from 730p. It did so to ward off a counter-offer from Nippon Koei, the Sunday Times's Danny Fortson said. However, the Japanese company was already unlikely to increase its earlier 680p offer and if you do not own the shares already your time to profit from the deal has passed, Fortson said.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSP Market Data

Currency UK Pounds
Share Price 550.00p
Change Today -2.00p
% Change -0.36 %
52 Week High 580.00
52 Week Low 383.00
Volume 60,912
Shares Issued 32.72m
Market Cap £179.96m
RiskGrade 224

HSP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.85% above the market average85.85% above the market average85.85% above the market average85.85% above the market average85.85% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Price Trend
69.66% above the market average69.66% above the market average69.66% above the market average69.66% above the market average69.66% above the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average
Income
61.92% above the market average61.92% above the market average61.92% above the market average61.92% above the market average61.92% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Growth
6.29% above the market average6.29% above the market average6.29% above the market average6.29% above the market average6.29% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSP Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Mar-24 21-Sep-23
Paid 11-Apr-24 30-Oct-23
Amount 18.00p 6.00p

Trades for 17-May-2024

Time Volume / Share Price
11:42 20,000 @ 540.50p
16:35 1,566 @ 550.00p
16:35 740 @ 550.00p
16:35 134 @ 550.00p
16:35 44 @ 550.00p

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