Hydrogen Group (#HYDG) – 40p per share tender offer, proposed AIM cancellation
- 2020-09-08 07:59:59
UK 00:23 Wednesday, 21 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Self-styled “global specialist recruitment group”, Hydrogen (HYDG) has updated including “activity levels have broadly stabilised during the second quarter… has maintained the critical mass in all our key markets” and “increase net cash during the period to £6.5m (31 December 2019: £4.5m, and 30 June 2019: £3.4m)”. The shares have currently responded to 28.5p, 9.5% lower!...
Following its announcement of results for the 2014 calendar year, shares in recruitment group Hydrogen (HYDG) currently trade a further more than 5% lower today, at 67.5p - having been more than 100p less than 10 months ago. However, with boardroom change, is there now recovery value here?
Shares in specialist recruitment group operating primarily in the technology, finance, professional and engineering sectors, Hydrogen (HYDG) currently trade slightly lower today on the back of results for a first half of the 2014 calendar year which “disappointed”. With the company though confident that future business profitability will improve, is there recovery value here?
I previously wrote on specialist recruiter Hydrogen Group (HYDG) in January – concluding that, with the shares at 108p, the prospective rating looked reasonable but that the cautious would await further clarity (see HERE). The shares remained above 100p until a May AGM update which included that “in some areas we have observed a delay in conversion to completed placements and we are yet to see an across-the-board uplift in Net Fee Income. It is therefore still too early to say with certainty when the different practices and regions will see sustained acceleration”. Ahead of the 16th September-scheduled interim results, I take another look at this stock following a further update on trading last month and with the shares currently at 80.5p.
Specialist recruiter placing professionals in more than 70 countries, Hydrogen Group (HYDG) has updated that for 2013 it forecasts an increase in net fee income of around 2% and pre-tax profits “in the region of £2.3m”. These compare to 5% and £3.2 million respectively in 2012 and the following updates with Hydrogen shares currently slightly lower at 108p in response.
International specialist recruitment group Hydrogen (HYDG) has updated that although it expects to report an increase in Net Fee Income for the calendar year, “actual Net Fee Income for November and the latest forecasts for Net Fee Income for December are both marginally lower than projected” and that total “profit before tax for the year to 31 December 2013 will be below market expectations”. The following updates, with the shares currently just over 5% lower at 112.5p – capitalising the company at £26.7 million.
AIM-listed specialist recruitment group Hydrogen (HYDG) has updated of “continuing uncertainty in recruitment markets”. The company reported 2012 revenue of £167 million and its update suggests investors with an interest in the sector may be well served reviewing how well the companies they are invested in are positioned for the operating environment Hydrogen reports...
