| 1:52 11/05/2012 | Re: In case you haven't noticed... |
| Just in the interest of balance :-( By Diottica |
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| 9:15 01/03/2012 | Re: In case you haven't noticed... |
| As a (very) long term and enthusiastic holder , I'd certainly noticed !! Keep the faith. By Maracuja |
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| 21:46 29/02/2012 | In case you haven't noticed... |
| Nuff said. By Diottica |
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| 22:54 01/02/2012 | Re: The Scotsman |
| Thank you Spikey - good reading, particularly the return to profitability. Full article says: [start] Havelock seals major Lloyds deal By Peter Ranscombe Published on Wednesday 1 February 2012 00:00 SHOPFITTING firm Havelock Europa yesterday revealed it had won a major contract with Lloyds Banking Group and was on the verge of signing a deal with high street retailer Boots. The Fife-based company will carry out a further two years’ worth of work for Lloyds, covering its branches and offices, safeguarding jobs at the firm’s factory in Kirkcaldy. Chief executive Eric Prescott said Havelock was also continuing to work with Virgin Money, Sir Richard Branson’s bank, which has expanded following the takeover of Northern Rock. Prescott told The Scotsman: “I’m cautiously upbeat, but its a very challenging market. “Our international growth is continuing. We are fitting out six more stores for Marks & Spencer in China and have also been carrying out a big contract for a high street retailer in Europe.” Closer to home, Havelock also fitted out the Primark clothing store at Livingston, which opened before Christmas. In a brief pre-close update, the firm said it was on course to hit previous expectations for the year to 1 January, with house broker Investec pencilling in underlying full-year profits of £500,000, swinging back from an underlying loss of £600,000 in the previous 12 months. Prescott said the company was also busy fulfilling the £20 million contract signed in the autumn with construction Balfour Beatty to fit-out 30 schools in the south of England. He added that he had been in regular contact with private investor Andrew Burgess, who last year built up a 19 per cent stake in Havelock to make him the company’s biggest shareholder. Burgess has a history of buying stakes in smaller companies that he believes have been undervalued. Prescott said Burgess “was supportive of the company and its management” but that he had not become involved in the firm’s operations. [end] I retain my stake here. By Diottica |
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| 4:42 01/02/2012 | The Scotsman |
| Havelock seals major Lloyds deal By Peter Ranscombe Published on Wednesday 1 February 2012 00:00 http://bit.ly/xcEWGG By SpikeyDT |
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| 22:19 27/12/2011 | YAHOOOOOOO-TOP 100 |
| Top 100 performers - 2011 HOW MANY OF YOUR STOCKS ARE ON THIS LIST? Some of my favourites are there,HVE and including No. 28 VALiRx, which completely took me by surprise! http://uk.finance.yahoo.com/news/aim-stocks-once-again-dominate-102943327.html -------------- The Mail.. ....Some interesting and relevant articles from the Mail On Sunday re- The economy, shares, interest rates...what next for 2012? --------------- Markets/Eurozone Crisis http://www.dailymail.co.uk/money/markets/article-2078156/AIM-market-hit-eurozone-crisis-investors-prefer-play-safe.html ---------------- Credit Crunch-warning http://www.dailymail.co.uk/money/news/article-2078467/Credit-crunch-How-protect-money-experts-warn-real-possibility.html ---------------- The Next Recession http://www.dailymail.co.uk/money/news/article-1616085/Economy-watch-Is-Britain-heading-recession.html ---------------- Interest Rates-predictions http://www.dailymail.co.uk/money/news/article-1607881/Interest-rates-News-predictions.html ---------------- where next for shares in 2012 http://www.dailymail.co.uk/money/investing/article-1619305/Stock-market-predictions-What By dickie3times |
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| 14:42 08/11/2011 | Re: BBC-News |
| Had a quick look at this to answer your question inter, they have about 20 mill in debts hence the market cap of 5 mill. By memymo |
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| 10:06 25/10/2011 | BBC-News |
| 25 October 2011 Last updated at 09:58 http://www.bbc.co.uk/news/uk-scotland-scotland-business-15443572 Havelock Europa wins £20m schools deal Fife shop and office-fitter, Havelock Europa, has won a three-year contract to fit out at least 30 new schools in the south of England. The deal with Balfour Beatty Construction is worth about £20m and means Havelock will fit-out the schools with furniture and other equipment. The company has had a difficult few years, with latest losses of £4.6m. Havelock said the deal was part of its strategy of investing in the education market. The company's chief executive Eric Prescott, said: "This framework agreement strengthens our leadership in the educational supply market and provides us with good visibility going forward. "Having worked with Balfour Beatty for many years, we are delighted that our relationship has been recognised through a framework agreement and now both parties can now focus on maximising the value and quality of service we deliver for our mutual customers." The Dalgety Bay-based firm has reduced its workforce over the past two years from 1,000 to 750, and has tackled overheads. It aims to increase overseas sales, with projects already under way in China, where it is working at Marks & Spencer stores, and from continental Europe, where UK retail clients are expanding. By SpikeyDT |
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| 9:02 25/10/2011 | mcap £5m |
| ...and sales of £20m. Am I missing summink..? By inter me van |
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| 18:06 04/10/2011 | Looks to education division for growth |
| Havelock Europa looks to education division for growth Posted on: 04/10/2011 http://bit.ly/r0glaB Havelock Europa has identified strong growth opportunities in the education sector next year, the loss-making educational and retail interiors group has said. In a statement following the company’s annual general meeting on 29 September, chairman Malcolm Gourlay said the trading environment continues to be “challenging and competitive”. But he said that while there had been “recent indications of a further tightening of conditions in the retail sector”, the company had also identified “opportunities to increase the group’s workload for next year, particularly in the educational sector”. In its interim report last month, Havelock posted a pre-tax loss of £1.5 million for the six months to 30 June 2011, while revenues grew by 4% to £42.9 million. The company made a pre-tax loss of £4.6 million in the year to 31 December 2010. The Aim-listed company predicted earlier this year that it would increasingly benefit from “substantial cost savings” made during 2009 and 2010, and reported increased levels of enquiries from customers in both the retail and educational sectors. By SpikeyDT |
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| 13:35 20/09/2011 | Re: AGM - call seeking support |
| All very odd - if it is "routine", why worry about phoning round every small shareholder?! My wife has a few £100's worth, which we had basically given up on. She had a call yesterday on the same basis. The odd thing is that this was the first we had heard of anything - nothing had arrived on this topic beforehand, by post or email! So when asked if she would be suppoting all resolutions, the answer was "How the hell do I know..." PP By Pedro Pancho |
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| 8:41 20/09/2011 | Re: AGM - call seeking support |
| Thanks for making the effort to get in touch with co.sec. I have always found that he is very helpful. BTW I notice another 100k buy yesterday, presumably our hero Mr Burgess ?? By Maracuja |
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| 21:00 16/09/2011 | Re: AGM - call seeking support |
| I pinged an email to the company asking for clarification on resolutions 7-9 and received this reply: [quote] Resolutions such as those in numbers 7-9 are commonly put to most Annual General Meetings to give the company the flexibility to issue new shares or to buy back its own shares should circumstances arise during the year which require it. The Companies Act and the listing rules set down tight limits on the number of shares over which the authority can be invested. Basically, any issue of new shares must be offered to existing shareholders by way of a rights issue and there is a limited exemption and this is what Resolution 8 covers. Resolution 7 deals with the maximum limit of new shares that can be issued without further reference to shareholders. Resolution 9 gives the company power to buy back its own shares which it has taken for a number of years but has never so far utilised. There is no current intention to use any of these powers, if anything were in prospect it would be necessary for us to disclose this to shareholders in the Notice of Meeting. If you have any further questions please contact me. Yours sincerely Grant Findlay Group Finance Director Tel. 01383 820044 [end quote] So, in plain speak, resolutions 7-9 are 'just in case', with "no current intention to use any of these powers". I infer that the very precise amounts stipulated are dictated by Company Law/LSE regulations. If that is so, it really makes no meaningful difference to HVE if they're passed or not. So, why the calls (AndyRB also and no doubt many non-posters)? Perhaps another resolution e.g. election of one or more Directors is the sticky point? By Diottica |
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| 16:22 16/09/2011 | Re: AGM - call seeking support |
| I too received a call this pm , have read 7 8 &9 about 3 times now ( I wish they'd write these things in plain English) I think 7 & 8 give the board clearance for a rights issue and 9 for a share buy back though quite why you would want to do both is beyond me. If anyone else can throw some light on this I would be glad to hear it. Regards AB By AndyRB |
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| 11:39 16/09/2011 | Re: AGM - call seeking support |
| Sorry about typo in my last post (same problem as that UBS trader - thick fingers) - 'Bopard' should have read Board. By Diottica |
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