HSS Hire (#HSS) Q4 trading stabilised and was in line
- 2016-02-03 00:07:09
UK 21:33 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Next week will mark the first anniversary of the announcement by private equity owned HSS Hire Group (HSS) of its intention to float on the London Stock Exchange.
I've struggled to get much in the way of borrow in HSS Hire Group (HSS), the tool and equipment rental company, capitalised at £100 million. This is a pity, as barring a perfunctory dead cat bounce as the suckers pile in, I've convinced myself it's heading considerably lower.
My formative investment years were so long ago that I remember the daily thump that announced the arrival of the physical research pile from a variety of investment banks. As a callow youth I used to devour these publications believing them to be a route to insight and riches. The latter was true – although almost exclusively not to the readers of such ‘research’. The reason for this walk down memory lane was that I was reminded by an article from Tom Winnifrith of a report I kept by my desk for months titled something like ‘why EV/EBITDA is the most important statistic for fund managers today’. Suffice to say the quality of my investment insights all those years ago improved materially after I had a desk tidy-up…
