@AimDownSight won't make you name 50, give us your 5 best speculative stocks!! That is what we are here for, so may as well share some tips while we are at it.
I agree with some of your points, but definitely not all of them.
I think an updated and modern board could be useful, but the overpaid Chairman isn't going anywhere as our largest shareholder. They should also run a program to get rid of all the shareholders with unmarketable shares, would probably save them money in the long run. More cohesion among the business units would be beneficial, but this is what we have at the moment, a strategic sale of small underperforming units would be good if they achieve decent money.
I am still positive on this as a turnaround story though, they have had to totally transform the business and if you look at the change since FY15 to FY18 which was highlighted in key metrics through the Annual Report, you can see that all the hard work has been done and now its about driving performance out of what they have to deliver returns for shareholders.
22 cents will be an important point of resistance, but I think the Funds will be there to support a rise back up as the financials continue to show the turnaround in on track.
HIL Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held