Headlam Share Discussion Threads

[jeffian] 23/6/2022 14:58

I'm no fan of share buybacks as I've said often here and on other threads, but I'd rather they buy at these levels than £5+.

[cisk] 23/6/2022 12:01

Wish these muppets would stop buying shares back. And that comment goes for any idiots who are doing the same thing!

[johndoe23] 23/6/2022 11:13

The decline continues...

[currencytrader1] 31/5/2022 17:36

Plenty of big sellers today..

[johndoe23] 10/5/2022 14:11

AGM trading update next week. Needs to be good

[mjneish] 07/5/2022 20:33

no dice1 May '22 - 11:49 - 432 of 433 Thanks for clarifying.

[aim0raider] 07/5/2022 08:32

Not such a great order book. Retail shops are very quiet, the floor coverings market is slowing and headlam is fighting constantly rising prices which are having to be passed on.

[no dice] 01/5/2022 11:49

From the final results 2021: "The results for the year ended 31 December 2020 have been re-presented to reflect the presentation of the Belcolor business as discontinued."

[mjneish] 01/5/2022 10:54

Could someone tell me why they reported revenue of £609 million in their 2020 annual report, but then stated it as £578 million in their 2021 annual report? That is their earnings in 2020. Thanks.

[eigthwonder] 30/4/2022 08:30

Company is only buyer in the market and if they can carry out the share buy back at lower prices each day, why not. Coverage is NOT great, consumer stocks are a/tumbling, don’t know what else you expect

[97peter] 29/4/2022 13:39

So what is happening today? No market sell off generally! Plus Headlam buying back £100,000 each market day! Plus buyers? So why down 12p, the CEO and BOD need to say something or is there a huge buy by Peel Hunt or others going through and they are bring the share price down to allow cheap buybacks and fills? A good company with a widespread coverage, great assets and great order book so what is stopping this being over £4.00/share????

[johndoe23] 28/4/2022 14:03

Nothing underlying I would have thought. Just a casualty of another market sell off these past few days. Was expecting a rise above 400p leading up to ex div, we shall see. Level 2 looking a lot better today anyway.

[97peter] 27/4/2022 09:49

FFS what is happening to this sp??? Is there an underlying problem? With share buyback at 27,000 shares around £100,000 and big buys of shares, plus a special divi of 26.3p on ex div day of 5 May 2022 what is happening???

[97peter] 25/4/2022 13:45

Should see a bounce after those buys and interest in this share!!

[johndoe23] 25/4/2022 13:40

Correction, two 150k shares bought plus one 50k shares. Funny how price doesn't rise on this buying bit a few pi sells this morning and the MM drop the share price!

[johndoe23] 25/4/2022 13:38

Two more 100k buys and a 50k buy this morning.

[97peter] 23/4/2022 13:41

Agree. I cannot see, when HEAD are buying back shares at a steady rate each day, plus big buys of 50,000 and 100,000 shares being bought, why the share price is still at 380p?? It should be over 395p with all the buybacks and big buy share trades?? How are the MM’s holding this back?? Especially with a 26.3p divi and ex divi date of 5 May not far away, strange!!!!

[johndoe23] 22/4/2022 12:52

Surprised share price hasn't ticked up ahead of ex div in two weeks.

[pugugly] 09/3/2022 11:53

Webcast Sounds very promising at the moment - but then of course it would!! The digital offering and room visualistion and revenue to date from this sector gives confidence that they are ahead of competitors in the digital area.

[sphere25] 09/3/2022 08:55

Taken a few here, try and catch a bounce with a stop under 350p. The report has some cautionary tones going forward but they appear to sound like they can weather the storm. Clearly that all depends on how far things escalate in Ukraine, the impact on the likes of oil and gas and how that all feeds through to overall growth. We have abit of a technical bounce going on out there, but barring some significant positive news, caution very much still needed, the last bounce didn't last long and got sold into. There was an interesting move after we closed yesterday on news that Ukraine had agreed to not apply for NATO membership. It turned out the news wasn't actually news, but the reaction in the market was notable. Oil reversed significantly, energy plays went straight with it and there was a significant turn around in those correlated oil plays like airlines, hotels and other shares that are getting clobbered. IF there is game changing news, it could be very easy to be on the wrong side judging by the way the market moved yesterday. Brutally sharp moves could follow, even bigger than at present. All imo DYOR

[tomps2] 09/3/2022 07:43

Headlam Group (HEAD) full year 2021 results presentation Headlam’s CEO, Chris Payne presents the full year 2021 results for the period ending 31st December 2021. Watch the video here: Https://www.piworld.co.uk/company-videos/headlam-group-head-full-year-2021-results-presentation/ Or listen to the podcast here: Https://piworld.podbean.com/e/headlam-group-head-full-year-2021-results-presentation/

[km18] 18/2/2022 17:32

...from last year... Company overview: Headlam is Europe’s leading floorcoverings distributor, providing supply and distribution channels between suppliers and customers. The company works with suppliers across the globe, providing them with cost efficient and effective route to market for their products. Headlam brings value to both sides of the supply chain with processing and distributions expertise and well-build marketing strategies. Between UK and Europe, HEAD is operating 66 businesses, each having its own brand and individual sales team. Their customer base covers both residential and commercial sector, but the residential is the larger of the two. Over the past few years the company has made several acquisitions and is continuously working towards revenue and margin enhancements. Results in FY 2020 were impacted by the pandemic with revenue falling by 15.3% and dividends suspended, as the company ended with a statutory loss before tax of £17.1m. Cash flow managed to stay positive, even with substantial debt retirement. Recent broker forecasts have been quite low, in complete contrast with the recent trade update. Full year performance is expected to be “materially ahead of expectations”, as the company brought revenue level equal to H1 2019 and 45.2% above 2020. Following the strong trade of the first half the company is updating its anticipated PBT to “no less than £35m”. Moreover, strong balance sheet  and confidence in growth prospects are the basis on which Headlam decides to pay full dividend based on earnings at the time of the interim results.... ...from WealthOracleAM https://wealthoracle.co.uk/detailed-result-full/HEAD/51

[jeffian] 03/2/2022 19:25

I always used to think that a Return of Capital accompanied by a share reduction was the most honest way of dealing with it but the Government put the kibosh on that by insisting that RoC should be treated the same as dividends for tax purposes. Even so, I'd rather pay a bit of tax and end up with some real cash to invest or re-invest as I choose rather than a notional increase in the value of my shares which Mr. Market may - or may not - deliver.

[essentialinvestor] 03/2/2022 18:34

HEAD have only used buy backs once, may be twice from memory in nearly 30 years. UK cyclicals getting hit hard, back to 4.15/4.20 type level?.