Hornby Group (airfix's owners) half-yearly results

[Circloy]

8 hours ago, colin said:

Don't think for one minute those people are there to save Hornby, their there to make a quick profit and out.

Their speculators, they've just increased the share price by buying, now wait for the quick sell and taking their profit with them and watching Hornby share price come tumbling down.

Usual way is to asset strip not buy & sell shares quickly.

 

With a share holding of around 10% they're probably not where they need to be in terms of taking control but they're there to have a look at the finances and to have a chance of pouncing if/when the oportunity arises.

 

Watch for further share acquisitions or disposal.

[colin]

3 minutes ago, Circloy said:

Usual way is to asset strip not buy & sell shares quickly.

 

With a share holding of around 10% they're probably not where they need to be in terms of taking control but they're there to have a look at the finances and to have a chance of pouncing if/when the oportunity arises.

 

Watch for further share acquisitions or disposal.

Musk has done this for a while, buys a load of shares in companies and makes it public, people rush and follow, the share price jumps up,  then he dumps his holding. Speculate to accumulate 

[Circloy]

Nobody's going to do that with Hornby. The share price is falling back.

[SleeperService]

Political commentary removed.

Edited March 15 by Greg B

[chrisov]

Just had another email from Airfix offer 'bundle deals' this comes after a few sales and other reductions.

Is this a good sign of sensible clearing excess stock to make way for the next surprise release or wanting/needing cash quickly?

Sadly I couldn't find anything I wanted in the various e mails.

 

[brewerjerry]

Hi 

    may be of interest

   read the comment here about hornby not responding to a canadian shop 

    might hornby be pulling out of some non UK  markets ? 

 

https://britishmodeltrains.ca/

 

cheers

    jerry