James Halstead Share Discussion Threads

[wad collector] 08/8/2013 16:43

Thanks for that . I shall probably look to sell and buy for a small gain instead.

[alter ego] 05/8/2013 22:24

Just ask your broker to arrange a matched trade. This normally can be achieved with the market maker taking about £50 instead of the usual spread. You will of course have to pay your broker commission for sale and repurchase plus stamp duty but you should be able to sell and buy back at a much narrower spread than normal.

[trigger blade] 05/8/2013 18:43

Yes, it seems unreasonable for a broker to make a turn on a share that you are only selling because that's what the rules say. Would your broker do a narrow spread deal, after all anything he makes is a bonus?

Actually, the close tonight looks like 268/270.50, so pretty narrow by JHD standards, possibly the right tome to get them shifted!

[wad collector] 05/8/2013 09:03

I was hoping to add some more to my ISA today , but suspect that the new ISA rules have pushed this up in the last week. I will wait.
Shame cannot transfer holdings into the ISA - you could at one point I recall. The spread is a disincentive for sale and buy.

[dashton42] 01/8/2013 16:05

A significant 8% rise in the share price as I write - is something going on?

[gripfit] 31/7/2013 16:21

only another 70p to go now folks

[redips2] 31/7/2013 09:23

just so folks know, the 400 @ 2.419 is a buy---those naughty mm's .

[lundhousegreen] 31/7/2013 08:17

SP up 7p early doors.

[lundhousegreen] 31/7/2013 07:13

Trading "solid". Profits within expectations range, flooring turnover down 2%.
Hope all this has already been factored into share price as it's already 25% off the highs of the year.

[redips2] 24/7/2013 11:46

certainly heading that way grip .

[trigger blade] 24/7/2013 11:45

The drop depends on your starting point, it's already down 25% from 320p. There were people on here suggesting the price was likely to fall back, based on the heady P/E, I hoped they were wrong.

As for a profit warning, I think (and hope) that might be a bit dramatic, but 30 years of increased profits cannot be sustainable forever. If profits are down, surely the divi has to increase anyway, as a sign of director confidence?

[gripfit] 23/7/2013 15:24

looks like it's getting ready for a profit warning to me. 500 mill mkt cap could easy handle reduction to 450, that's 10 % , which equates to £2.25 share price possibly .

[redips2] 23/7/2013 10:45

well, getting a bit tempted to top up, starting to look cheapish .

[wad collector] 18/7/2013 09:45

Yep , sticking to flooring seems a good policy.

[trigger blade] 15/7/2013 21:34

I have a mate with a small flooring business and a few weeks ago, he decided to set up a Twitter account. He was thrilled a few days later to find out that Halstead's had signed up as a follower. I'm unsure what the upside is for him, or for them.

I'm not Luddite about these things but I find it incredible that Halstead's can get dragged into a legal dispute about something they've sent out into the ether. It surely wasn't a strategy to destabilise Tarkett and it will end up as a distraction. They should leave this kind of mobile phone nonsense to footballers and minor celebrities and concentrate on what they're really in business for.

In my opinion of course :-)

[alter ego] 15/7/2013 11:27

let's hope JHD wipe the floor with them - sorry....

[westcountryboy] 15/7/2013 08:26

Curious story:

hxxp://www.thebusinessdesk.com/northwest/news/491419-james-halstead-sued-by-rival-over-tax-tweet.html?news_section=4148#

[alter ego] 08/7/2013 09:15

profit warning from Headlam this morning. A distributor of flooring not a manufacturer but indicates UK and Europe are tough going currently.

[alter ego] 05/7/2013 11:30

I accept that but even if they achieve some growth, and that's far from certain, the rating looks high IMO and the yield is nothing special at this price.

[wad collector] 05/7/2013 11:13

I think you have to bear in mind how cautious previous statements have been about the prospects.They like understatement.

[alter ego] 04/7/2013 12:43

Last year we had a pre close update at the end of July so a few weeks yet to hear how the second half has gone. At the interims they said
I am confident that we continue to win business against our peers. We have a network of businesses partnerships that is robust but the reduction in the amount of business available will preclude top line growth. In the current environment it will be difficult to expect profits to rise and it may well be difficult to maintain profits at last year's level. However, we have no reason or evidence of any major decline and are confident in the prospects of our business going forward.

The shares are on a prospective p/e of 18.4 which strikes me as toppy to say the least given expectations of a lack of growth. What do others think?

[zeppo] 28/4/2013 18:30

Has it won this year's Turner prize?

Or is it the year of the Dragon?


z

[wad collector] 26/4/2013 17:30

It's a triple zagged copper-bottomed volcano with a classic snub-nosed winkle-picker forming which clearly indicates it is going up a bit more , then down a bit less , probably.
No advice intended.

[lundhousegreen] 18/4/2013 09:18

Maybe a chartist would like to give some input? (Please)

[wad collector] 18/4/2013 08:30

No, I am not a chartist either , but my point is that this has delivered impressive capital growth consistently , and though it may drop a few more pence , in the long run this will reward its holders.
Look at the consistently rising profits, despite the recession.
A narrowing of the spread will trigger my limit buy .