From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Hyve Group – “a number of regions in which the group operates are beginning to open but”...

By Steve Moore | Wednesday 23 September 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on business events group Hyve (HYVE), in March I concluded the shares are currently down to around 22p, capitalising the company at around £180 million. I thus suggest material upside potential on macro situation improvement, but currently also in “dialogue with our lenders in relation to covenant headroom and facility flexibility”, for now, still at best on the watchlist. The shares are now around 68p – but that follows a 10 for 1 share consolidation with a rights issue, and now it further updates…

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 16:04:09