- Below is the HSE24 Live Discussion, edited into smaller videos for your convenience - for speed listening, go to the settings wheel on the bottom right of the video and choose playback speed - after one minute video becomes high-resolution -

Intro Capital and Legal Structure - 19 Nov 24

Industry and Company - 19 Nov24

Model - 19 Nov 24

Valuation - 19 Nov 24

Investment Discussion - 19 Nov 24

SARRIA News -INTU
HSE24 – Accelerate - Positioning
Aengus McMahon
HSE24 – Accelerate - Positioning
Aengus McMahon

Please find our slightly amended analysis here. 

According to press reports, HSE24 is now talking to its creditors. We do not think an A&E operation that doesn’t reduce debt at HSE 24 will fix the balance sheet. The sooner this

Aengus McMahon
Aengus McMahon
HSE24 - comment
Aengus McMahon

If the company has appointed advisors, this is positive for bondholders. The sooner the debt is restructured, the better. There is little point in the company waiting until

Aengus McMahon
HSE – Delivering a future.
Aengus McMahon
HSE – Delivering a future.
Aengus McMahon

Please find our slightly amended analysis here.

Weak consumer confidence in Germany continues to crimp customer numbers. Operationally, HSE is performing in line with our projections, whilst new

Aengus McMahon
Aengus McMahon
Home Shopping Europe (HSE) - comment
Aengus McMahon

We will be hosting a call on HSE24 on Tuesday 19th. Bondholders organising makes sense (as reported in Debtwire). The capital structure is no

Aengus McMahon
HSE 24 – Biding your time - Positioning
Aengus McMahon
HSE 24 – Biding your time - Positioning
Aengus McMahon

Please find our new analysis here.

HSE suffers from an ageing customer base and an economy (Germany) with weak consumer confidence, but the business still generates cash, and the

Aengus McMahon