Diploma Share Discussion Threads

[steeplejack] 27/3/2024 12:07

No-one was injured when the unused cabin door broke away from the Alaska Airlines flight from Portland, Oregon on Friday. The US has grounded 171 of the Boeing 737 Max 9 ...Yes and hopefully those fasteners are all installed correctly!

[faz] 27/3/2024 10:53

Quite, and apart from in Boings they mention the synergies and savings attendant on cross-selling Clarendon and now Peerless products

[jeffian] 27/3/2024 10:14

Well that acquisition has been well-received!


#827,
"who knew aircraft need 1 million fasteners"

The guy sitting next to the Boeing escape door for a start!
;-)

[mrsimmons] 27/3/2024 08:08

9% organic and 30% margin for 7x multiple is a ridiculously good deal in the US. How they have managed to get that I do not know. I guess with pe struggling to raise debt there is less competition around and still bargains to be had.

[faz] 27/3/2024 07:59

An acquisition and who knew aircraft need 1 million fasteners.

[faz] 17/1/2024 13:12

I will be topping up - I own a lot of these but the reaction since 1 January has I think been a reflection of the general FTSE malaise not DPLM. It is very unlikely the current rise in inflation will lead to nay further rate increase, given the ginomous (technical term!) fall last month

[adrunkenmarcus] 17/1/2024 11:08

I’m happy as I may be in a position to top up!

[jeffian] 17/1/2024 10:24

I know it's a down day in the markets generally but, blimey, if that's the reaction to such a good TU, I hate to think what would have happened to a bad one!

[dudishes] 25/11/2023 15:46

Aye Waldron,

Impressive but missed the boat on this one. Watch for now.

SAGA - SB me thinks.

cheers

[waldron] 25/11/2023 09:53

Diploma PLC : Successful acquirer
November 21, 2023 at 02:50 pm

MarketScreener.com By Justin Emerson


Based on the decentralized model adopted by many Scandinavian groups, the British industrial conglomerate published its annual results yesterday.


They were very well received by the market, and for good reason: sales rose by 19% and free cash flow by 36% for the year 2023, while financial leverage fell significantly.

Organic growth reached 8%. This is considerably less than last year's performance, but it should be remembered that the latter was based on an exceptional post-pandemic economic recovery: the basis for comparison is therefore not entirely legitimate.

Diploma is one of the few successful roll-ups. All its profits have been reinvested in a well-executed external growth strategy, without excessive recourse to capital increases or leverage.

Over the past fifteen years, the Group's sales and profits have grown by an average of 15% a year. As a result, market capitalization has increased more than tenfold over this period.

All is not perfect, however: profitability has fallen sharply over the past four years, while earnings per share have stagnated. The law of large numbers will undoubtedly make the next decade more difficult than the last, as it is likely to be harder to make large-scale acquisitions profitable.

These factors have not escaped the attention of the market, which has readjusted the Group's valuation to x18 its operating profit, in line with its ten-year average. Management seems to think this is fair, since last March it carried out a capital increase at these same levels, exactly as it did three years ago.


Justin Emerson
News Writer

[waldron] 25/11/2023 09:15

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Declared

Type Interim Final

Per share 16.5p 40p

Declaration date 15 May 2023 (Mon) 20 Nov 2023 (Mon)

Ex-div date 25 May 2023 (Thu) 18 Jan 2024 (Thu)

Pay date 09 Jun 2023 (Fri) 02 Feb 2024 (Fri)


source dividendmax

[waldron] 25/11/2023 09:11

Upcoming events on Diploma PLC

16/01/2024 Annual General Meeting

12/05/2024 Q2 2024 Earnings Release (Projected)

[waldron] 25/11/2023 09:04

Analysts' Consensus

Mean consensus
BUY

Number of Analysts
11

Last Close Price
33.42GBP

Average target price
35.90GBP
Spread / Average Target
+7.43%

High Price Target
39.15GBP
Spread / Highest target
+17.15%

Low Price Target
31.00GBP
Spread / Lowest Target
-7.24%

[waldron] 25/11/2023 09:03

Seems to be fairly valued at current level

[waldron] 25/11/2023 09:00

Seems to be looking toppy and nearing Resistance

Not impressed with divi

[philanderer] 20/11/2023 11:07

Leading the risers, is Diploma. Up 4.9%, after strong full-year results which saw revenue jump 19% and adjusted operating profits rise 24%.

Analysts at Shore Capital said the overall, the group has performed strongly, beating company complied consensus on an earnings basis by c.3%, noting the stronger than expected operating margin performance.

It expects to increase its adjusted pre-tax profit by around 4% to £244 million and sees consensus rising by a similar amount.


proactiveinvestors.co.uk

[faz] 20/11/2023 09:16

Presentation live now and the CFO Chris Davies is chairing it

[steeplejack] 20/11/2023 07:58

Excellent financial performance


-- Strong organic growth of 8%. Good momentum into FY24, with Q4 volume-led
exit rate of 7%.
-- GBP280m invested in 12 quality acquisitions, supporting reported
revenue growth of 19%.
-- Adjusted operating margin up 80 bps to 19.7%, reflecting our value-add
proposition; operational leverage; disciplined cost management;
and accretive acquisitions.
-- Delivered with discipline: free cash flow conversion of 100%; ROATCE
up 80 bps to 18.1%; and leverage reduced to 0.9x.
-- Confident FY24 guidance with growth in line with our financial
model and consistently high margins.

[steeplejack] 20/11/2023 07:40

Excellent results,improved margins and confident outlook.Of course,it remains anyone’s bet how the market reacts on the day but that’s pretty irrelevant anyway.The stock looks to be a stand out long term buy.

[faz] 18/11/2023 07:15

Monday morning brings the full year update. I have bought more on the recent weakness. The trading outlook will be key but maybe we'll also get news of a further acquisition.

[philanderer] 18/10/2023 14:16

This acquisitive company is snapping up cheap assets – investors should do the same with its shares

Questor share tip: Diploma has bought a string of businesses without jeopardising its financial strength

[faz] 26/9/2023 11:06

I realise fund managers sell off stocks as companies go from one part of the index to another but I had thought being in the FTSE100 might actually attract buyers too. Diploma hasnt recruited Eddie Jones to boost share performance has it?

[adrunkenmarcus] 06/9/2023 14:27

Beautiful. That target price would mark an eight bagger for me since purchase, ex. Dividends.