fantastic order book,profits up 250+% , div increased , bullish forward statement and .......................................



B R E A K I N G O U T



B A R G A I N S T O C K

I'm still quietly enjoying this one, all on my own.
Todays RNS shows why;

TRADING UPDATE



The board is pleased to report that trading conditions in our major markets
continue to be strong and that we expect that the results for the year to 31
March 2006 will be slightly ahead of expectations.



ACQUISITION OF CRESSWELL ASSOCIATES



The Company has entered into an agreement to acquire the entire issued share
capital of Cresswell Associates (Environmental Consultants) Limited, a
specialist consultancy providing environmental services to the planning,
construction and development industries. The initial consideration for the
acquisition amounts to 2.98 million of which 2.48 million is payable in cash,
with 0.5 million satisfied by the issue of 188,558 Hyder Consulting PLC shares
('the Consideration Shares'). A further payment of up to 0.5 million is
payable in cash over three years dependent on future business performance.
Turnover for the year to 30 September 2005 was 2.46 million, and profit before
interest and tax was 0.6 million. The net assets acquired amount to about 0.7
million. Cresswell Associates employs a team of 54 staff which will extend Hyder
Consulting's environmental capabilities in this growing market.


Alan

You're not entirely alone in this one, Alan. I've got a few tucked away but they are in a 'long-termers' portfolio and it's just not something I check frequently.

You and I will be well pleased at the moment then.
Looking forward to the finals in June.
Alan

See. Told you I was looking forward to the results in June.
Ahead of expectations.
Alan

News today of an Asian acquisition and that first quarter trading is going well.

nice earner, Al. will have a peep at the background info some time.

Good call Alan. Looks very strong at present - good growth and prospects in decent markets. Apart from miserable but understandably low yield, only downsides I can see are hefty pension scheme liabilities and possibility of getting an acquisition wrong.As with any consultancy, its best assets might also in theory walk out of the door. If I had any (and i don't) think I would be tempted to sell half once they had doubled and run the profit.Finance director sounds rather posh for you northern shareholders - hope he is not left handed ( always wary of left handed hyphens)

My Oz pal is a great fan of HYC ...... He's on hol at the mo, but will chat to him on his return to see if he still thinks they are a "buy" at the current comparatively high level, especially given current market volatility.

If one is frightfully clever, there is a lot of money to be made on the indices, but it's a brave and clever guy who can read the direction ...... Dow dived over 100 points at one point yesterday on inflation fears; recovered about 40 points and has zipped ahead about 60 today ..... all in a very tight range really, with tough resistance at 11250 ...... Don't forget the dictum that when Wall Street sneezes, the whole world catches a cold.

Thanks ofr the posts guys.
Been batting on about this one since it was just over 2, but the chartists tell me that a golden cross is seldom wrong (and 1 appears to be coming) and my own research suggests a very savvy company positioning itself to make a mint from consultancy in the run up to 2012 olympics.
If the trend looks like turning I may break an old habit of mine and get out and try to get back in cheaper.
if it goes the way it usually does, my sale will be the biggest buy signal the world has ever seen.
Alan

Alan ..... Golden X where? ..... I see good support at 260, and exceptionally strong building at around 270, but why onwards and upwards from this level?

Just looking at the chart (and i aint a chartist), the 50dma and the 200dma are both on an uptrend. the 50dma is about to cross the 200dma, upwards. I am told this is a golden cross, when it happens (nest day or two).
Shoot it down. its just what chartists have told me.
Alan

yes they cross at about 260 and will again at about 270, but sp is now about 310 - i.e. wel;l above those support levels ..... I am not a chartist either, though I understand a smidge

I was given to believe that the price they cross at is irrelevant, it will signal the start of a bull run.
i am actually watching it closely because I am a little sceptical about charting and asked the question on another thread, where will the fuel for a continued rise come from?
Alan

Golden Cross .... this is formed when two up-trendindg major mdas cross each other ...... in this instance 50 and 200 mda at just below 270 ..... while this is a (very) bullish signal, the rpi needs to be taken into account ..... HYC at about 320 is technically quite strongly overbought, so on that basis, one should not be jumping in until rpi is more neutral.

hope that helps

More news today.
maybe that will provide the fuel.
Alan

Golden Cross ..... To continue ...... sp continues to hold very steady but RPI is still around 70 .... still too high imo to make it worthwhile jumping in - just yet!

Still going up!!

RNS this morning.........
Trading ahead of expectations and a pipeline of acquisitions they expect to make :-))))))


Placement to raise the money for said acquisitions :-(((((

Moving strongly today. I wonder if HYC are about to announce on of those acquisitions.

Excellent results today - where are you Alan?