HSN - Hansen Technologies

[finicky]

HSN did relatively well today but with the low volume I'm not reading anything into it. The chart does suggest a daily counter rally could happen with the bullish engulfing candle but again, the liquidity. It's still not cheap and is only paying partially franked divs.
Hansen reports FY24 soon, 21 August.

Hold small amount

DAILY

 

[finicky]

FY24 Results
Another strange one. Revenue up but all the profit lines down and the price is up +4%?. Maybe 'they' were expecting worse?

Held
Holding

 

[finicky]

Held
Holding

From Market Matters morning report:

Hansen Technologies (HSN) $5.70

The technology provider that underpins billing for key services like electricity, gas & pay TV has sat on our hitlist for the Emerging Companies Portfolio for some time now, though the share price has been ebbing and flowing between $4 & $6, with no specific catalyst to see it push out of that range. Late last week, HSN held their AGM and provided what we would describe as a positive and comprehensive outlook, and it looks to MM like their German business, Powercloud, is turning the corner. This is the business they bought early this year that was losing ~$30m annually; however, HSN has reduced headcount from 390 to 140, with run-rate cost savings to date of $27m, meaning it will be profitable in the coming months. At the AGM, Hansen reiterated its guidance expectations for group revenue of between $398mn-405mn which was ~6% ahead of consensus and cash EBITDA of $76-85mn (consensus $81mn). We view this update very favourably. HSN is now at a point where it can shift from restructuring and pulling costs out of a new business into growth and take advantage of the significant level of energy company software upgrades from here.

HSN​ MM is bullish on HSN

 

[divs4ever]

i bought these @ 83 cents in Feb. 2013

another 'bottom drawer ' stock for me

not flying as high as TNE or DTL for me , but all three are 100% profit running

about as close to 'set and forget ' as most stocks will ever get