Aug 2010 this was 35p - yet now it's 2.6p

Anyone understand this, or was the earlier sp too much "hope" -
I understand the other hire co Ashtead is down also.
Any views - ?

The company signs the accounts off at the end of the day. OUCH

FWIW I think this co is between rock and hard place... On one side their rates have to be attractive and on the other the insurers can nail the profits down as there are alternatives - Car hire isn't exactly an exclusive idea .. . . . so at the end of the day what does this co have that pushes profits above others..?

I suspect v. little. . . . . and as to "...Public using their cars less..." . . . . there are car-share schemes in Cities - why don't they offload any surplus stock to that duty? - they can be recalled at any moment and in between whiles they are able to get a fee. Also being somewhere near the City would mean their "parking charges" are covered since some days the customer is paying to park, wherever they go.

At least the cars would be going, so the battery is charged and so on.

Otherwise I see this going belly-up.
Oh dear, wash my mouth.

Things are looking better for the last couple month, so time to take a closer look as the volume went places today .........

Reasons to KEEP an EYE

Closing price 2.79p ( 2.64 / 2.94p ) +0.50p

Large volume and on the bounce after the last retracement from 3.75p. Late last year Chairman is back at the helm saying: "I am pleased to return to the Board as Chairman and look forward to taking the business forward and returning value for all stakeholders."

Interim Management Statement / 6/11/2012
“the Group's financial year has begun well and the first three months show a continuing improvement with the Group recording a trading profit against a significant trading loss during the corresponding period last year.”

Good to see Helpire (HHR) are back on the radar of city traders and journalists.

Telegraph: Market Report (p34) by Ben Martin
Saturday, 19th January 2013

Elsewhere in the London market, some were hoping the snowy weather would give a lift to motor accident management group Helphire.

Shares in the small capper, which provide cars for motorists involved in acidents, put on 0.2p (7%) to 3.07p, with traders speculating that the recent cold snap would increase demand for the company's services. Helphire said in November that the winter has a "significant weighting" in trading.

Up over 50% since xmas.

Off over 20% on results.

+ 0.42p

Slowly is recovering after the move down after the large open offer @ 2.50p.

It looks like investors were selling the shares in order to take up the open offer. Tomorrow is the last day to take it up, so most likely the sells have stop and the share price is slowly recovering.

Share holders sold the shares to take up the open offer at 2.50p, that took the share price well down
and close to the open offer but now it has settle as the offer was closed on the 15th

Share price bouncing from 50% Fibonacci retracement
Some large buys from time to time are taking place

The bounce is again on today

Some large trade 24M got the shares on the move

Heading back to 4p..?

Touced 5p .

Chart is looking good mitzy, I think I'll have some of these tomorrow morning !

Watch the gap.

Final results next month - Financial Calendar

Next stop 15p if they can breakout.

Straining at the leash now !

We should get an update on the Autofocus insurance payout when the results are announced, reportedly worth £millions.

Could be a great recovery play this - mind the gap!