Diploma Share Discussion Threads

[adrunkenmarcus] 24/1/2022 14:11

They have only recently issued a decent update. The business is fine and that’s what drives long term returns.

[quantumx] 24/1/2022 13:44

Possible worry over the results? But take your point about broader market correction.

[roguetraderuk] 24/1/2022 13:21

market correction means few names are immune. i started to nibble last week and plan to add at around 22 and 17/18 if seen.

[adrunkenmarcus] 24/1/2022 13:14

Christmas has come early.

[quantumx] 24/1/2022 12:54

Anyone have a view on the 20% share price collapse?

[roguetraderuk] 19/1/2022 14:35

might see a bounce from here by the october 20221 low. if not might see 2400. ive taken an initial position today.

[r2oo] 12/1/2022 22:49

Good support at this price, should rise from here on

[adrunkenmarcus] 26/11/2021 09:24

Thanks for sharing, Tomps2!

Dividend forecast to hit 52p by 2024 which represents a 3.5-fold increase since I first invested in Diploma back in 2012.

From memory, I bought at 472p in November 2012 and then topped up under 1,400p in October 2018. It did not look cheap three years ago but it's really outperformed for me and now represents 6% of my portfolio. I will let it run.

[tomps2] 26/11/2021 08:40

Alexandra Jackson Interview with PIWORLD

Alexandra Jackson mentions Diploma #DPLM at 6m05s in the latest PIWORLD interview

Watch the video here:

Or listen to the podcast here:

[quantumx] 23/11/2021 14:27

A real rollercoaster over the last 36 hours! Excellent Results.

[km18] 23/11/2021 14:11

Diploma posted final results yesterday titled “Strong results and well-positioned for long-term growth”. Revenues were up 46% to £787.4m, statutory operating profit was up 49% to £104.3m and basic EPS was up 29% to 56.1p. Management proposed a 42% increase in total dividend to 42.6p. The outlook also looks pretty solid, with expectations for around 10% reported revenue growth and a margin between 18% and 19%. Management also expressed confidence in their ability to deliver long-term growth at sustainably high margins. So more solid EPS growth to come. Valuation is the only cloud on the investment horizon, forward PE ratio at 37.5 is bottom decile for the Machinery Equipment & Components sector. DPLM is a solid growing, high quality company and it is relatively expensive. But share price is trending and newsflow should remain supportive, it may not get any cheaper. BUY....from WealthOracleAM

[steeplejack] 22/11/2021 10:01

No worries,hardly an income stock.The dividend here is an indicator of robust financial health though.As ever,when results are announced nowadays,i have no idea how the market will react,it appears a complete lottery.

[steeplejack] 22/11/2021 08:05

Strong full year financial performance-- Underlying revenue growth 12% year-on-year, well ahead of our 5% financial model and 7% up on FY 2019, driven by our organic growth initiatives and better demand.-- Strong overall acquisition contribution with an outstanding Windy City Wire ("WCW") performance.-- Adjusted operating margin +270bps to 18.9%, supported by our value-add servicing distribution model, offsetting inflation, and well ahead of our 17%+ financial model.-- 51% growth in adjusted earnings per share ("EPS") and 42% proposed increase in total dividend.

[adrunkenmarcus] 06/11/2021 14:10

I'm merely enjoying the compounding. We're on course for a 25% dividend increase this year.

[jeffian] 05/11/2021 11:04

As ever, attracting little attention or comment here but recovered well and now achieving new highs.

Sssssshh!

[ianood] 29/9/2021 07:48

Yes, and Halma appears to be going the same way!

[jeffian] 28/9/2021 23:41

That's knocked the froth off a bit!

[steeplejack] 22/7/2021 10:26

A board that rarely sees a comment either here or over on LSE.A strong recommendation in itself.Good update today.Onwards and upwards.

[adrunkenmarcus] 19/5/2021 22:05

Thanks Jeffian. :-)

I had similar with Spirax Sarco for some time. Sharescope has upgraded consensus forecasts dramatically - now showing Diploma's dividend up 32% for this year at almost 40p, which was what they had forecast previously for 2023! At this rate, my dividend yield on cost will be into double figures.

Diploma has re-rated upwards very significantly since my 2012 purchase (I topped up in 2018 and that tranche has more than doubled). However, even today it's on a 2.6% free cash flow yield which is forecast to hit 3.3% by 2023 - and those forecasts are being revised up. That is not outrageous for such a quality company and if you're going to hold long term. It is approaching a seven bagger for me as I heard towards my tenth year of ownership.

I just wish I'd put 25% of my portfolio in 2012 into it!

[tom barnaby] 18/5/2021 23:05

If ever a share followed Barnaby’s law then this is it!

“The more threads and posts dedicated to a stock on a free bb, the bigger POS it is”

Full disclosure - I don’t hold any, unfortunately.

[jeffian] 18/5/2021 22:46

I can't tell you how pleased I am to have company here!

[adrunkenmarcus] 18/5/2021 22:25

Held DPLM since 2012 and it's compounded well over 20% per year! Assuming the interim dividend is the same proportion of the full year dividend as historically then we may well see as much as a 38% dividend increase for the year as a whole. Perhaps that's optimistic, but they didn't say anything about rebalancing the payouts.

One of my top holdings and a 'buy and hold'. I want to enjoy the benefit of it compounding for years to come.

[jeffian] 17/5/2021 10:48

Cracking results (and no interest on the bb as usual!). That's moved it up to No.1 holding for the moment.

[jeffian] 30/4/2021 10:49

Blimey! I don't usually take much notice of 'Holdings' announcements, but today's RNS that Capital Group has doubled the size of its holding to over 10% is quite a statement.

[jeffian] 23/4/2021 20:11

Onwards and upwards!