We have included Hansard in our Conviction list because we believe that the valuation is hugely compelling and that the Q3 sales update on 12th May will act as a trigger for the shares. In our view the sales outlook is key to the business going forward and we believe that another strong performance (H1 sales +92% including Q2 +136%) will reinforce our view that a corner has been turned. Unlike other insurers concerns over Brexit are unlikely to have a negative impact and indeed the weakness o
22 Apr 2016
Panmure Morning Note 22-04-2016
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Panmure Morning Note 22-04-2016
Hansard Global plc (HSD:LON) | 50.6 -0.5 (-1.7%) | Mkt Cap: 69.6m
- Published:
22 Apr 2016 -
Author:
Barrie Cornes -
Pages:
5 -
We have included Hansard in our Conviction list because we believe that the valuation is hugely compelling and that the Q3 sales update on 12th May will act as a trigger for the shares. In our view the sales outlook is key to the business going forward and we believe that another strong performance (H1 sales +92% including Q2 +136%) will reinforce our view that a corner has been turned. Unlike other insurers concerns over Brexit are unlikely to have a negative impact and indeed the weakness o