Diploma Share Discussion Threads

[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.

[philanderer] 06/9/2023 13:48

Morgan Stanley starts Diploma with ’overweight217; - price target 3,725 pence

[jeffian] 23/8/2023 19:45

Aye, but it isn't a "seals-maker".

Journalists, eh?

[faz] 23/8/2023 14:38

THe date for calculating this was 18 August

[faz] 23/8/2023 14:34

IN spite of the recent sell off, this from The TImes today"The FTSE 100 is reshuffled four times a year according to share price movements. Others in line to be promoted are Hikma and Dechra Pharmaceuticals and the seals-maker Diploma. They are set to replace Johnson Matthey, the industrial conglomerate, Abrdn, the asset manager, Persimmon, the housebuilder, and the electronic-components maker RS Group."

[faz] 10/8/2023 14:48

I like Rotork; reliable, boring :). WHSmith very undervalued as their InMotion US IT retail business is flying. And CHapelDown but that's a long term play on AQSE

[johndoe23] 10/8/2023 11:28

This could be promoted to 100 too

[harry the haddock] 10/8/2023 11:26

it's a great company to be in . My 4 favourite shares are all quite similar, all below the radar, lovey charts and just do what they do very well - KITW, DPLM, HLMA & RNWH. Anyone got any other stocks with similar outlook n success?

[adrunkenmarcus] 10/8/2023 09:27

Bought in 2012 at 465p but I wish I’d bought earlier! Still held today and topped up 2018.

[faz] 10/8/2023 08:43

I remember well Jeffian. I have been in and out more times than is clever. SHould have stuck with my first purchases around 400p

[jeffian] 09/8/2023 18:43

Me too, but that's probably because I paid just over 160p for 'em!

[faz] 09/8/2023 15:53

Well given the mega interest here I have checked current valuations and Diploma is currently 90th in the FTSE at £4,297.1m market cap, and JOhnson Matthey the worst FTSE 100 member at £3,338.9m. It's not quite so straightforward as Hikma has a higher market cap and is also FTSE 250. but automatic entry should follow if Diploma hold the 90th position. I have been adding since the investor pres and I think DPLM is now my highest % of my portfolio

[faz] 19/7/2023 18:37

If Diploma add just 5% to the share price in the enxt three months I am sure they will be an entrant into the FTSE100. This will trigger funds to buy. As entry depends on exits ie other companies falling out of favour and losing market cap value I am not predicting it, but it will come I am sure.

[km18] 13/7/2023 14:11

Diploma Plc issued an encouraging Q3 trading update this morning. Performance in the first nine months of FY23 has been strong, in-line with expectations, with organic revenue growth up 9% and reported revenue growth up to 21%. Management are now very confident for FY guidance of ca.7% organic revenue growth plus ca.7% contribution to revenue from acquisitions, with operating margin ca.19%. The Group today also announced the acquisition of DICSA, a market-leading distributor of fluid power solutions into the European Seals aftermarket for c.£170m. The acquisition will be immediately accretive, adding ca.5% to EPS growth during the first full year of ownership. The business continues to deliver robust and profitable growth. Valuation looks a little unhelpful at first sight with forward PE ratio at 23.7x and bottom quartile for the Machinery, Equipment & Components market. But the share has traded on significantly higher multiples over the past 5 years, while PEG ratio at 2.7x is mid third for the sector and a little more supportive. The business is high quality with modest net debt and top quartile profitability ratios. The share price also has positive momentum. BUY...

...from WealthOracle

[steeplejack] 13/7/2023 09:34

I suspect that if Diploma was listed in the US it would enjoy a much higher rating.

[faz] 13/7/2023 07:58

Great announcements today

[faz] 27/6/2023 16:15

ANyone else watching the Capital Markets day? Not very often you get hours of presentations on an investment, meeting a good number of the staff. Its very thorough and professional

[faz] 18/5/2023 18:51

Well the markets like DPLM when they want to. I think the markets will turn this year, only because so much woe is factored in already.It won't be a marked turn but share in compaines like Diploma will do well, because funnily enough the company IS doing well. Really well.

[r2oo] 17/5/2023 15:52

That's a 52 week high today over 30

[steeplejack] 15/5/2023 11:00

If markets weren't so risk averse,Diploma would probably have leapt to over £30 this morning...but it is what it is.

[adrunkenmarcus] 15/5/2023 09:22

Interim dividend up 10% too, ahead of 6-7% in consensus forecasts

[lomax99] 15/5/2023 07:11

A decent set of results.

[steeplejack] 15/5/2023 07:10

Increasing full year guidanceWe have delivered a strong first half and the second half has started positively. As we enter the second half we face a very strong comparative performance period, particularly Q3. Our continued strong growth and increasing resilience, however, give us the confidence to increase our guidance for the full year:-- We expect organic revenue growth of c.7% for the full year, and a further c.7% growth from acquisitions, net of disposals. -- We expect operating margin to be at the top of our previously guided range, c.19%. -- Free cash flow conversion of c.90% which would drive year end leverage to less than 0.4x before any future acquisition investment.

[faz] 11/5/2023 11:22

Cheers all. I think once the dust settles from the recent acquisition there might even be a re-rating on the plus side. All the reasons for the acquisition were postive