Headlam Share Discussion Threads

[essentialinvestor] 08/2/2021 16:03

Ian, as it has not happened in nearly 30 years may be seeing something unlikely. PE awash with cash atm, cash generation here etc.

[sphere25] 08/2/2021 16:00

It has hit some of the mainstream press then. Still have large sellers at work here (as per the posts above on the notable exchanges) but the dividend recovery angle is an interesting one so watching for a clearing of sellers. US has continued to make new highs too, so expecting that to continue feeding through over into UK shares, but there also continues to be scary behaviour out there with Tesla adding to it today. If we don't get a healthy correction soon, the possibility of a bubble type parabolic blow off top must come more to the fore. All imo DYOR

[jeffian] 07/2/2021 20:14

I'm fed up with being "taken out"! I found myself 70% in cash last year as a result of takeovers and have already had my first this (calendar) year. Stop it!

[essentialinvestor] 07/2/2021 18:33

A masterstroke, eh - don't undersell it now!. Prime candidate to be taken out at some point imv.

[mach100] 07/2/2021 12:07

Yield going from 3.5% to almost 5% is certainlly most attractive now though I expect the yield to fall as the share price will surely rise in tandem. At least the initial rise will bring it over 400p and that is a key inflexion point for me.

[value hound] 07/2/2021 08:36

Yes - a welcome write up: "a swift recovery is expected this year, with sales of £685million, profits of £29million and a dividend of around 13.9p, rising to 18.9p for 2022. About two-thirds of Headlam’s flooring ends up in people’s homes and demand has been strong, rising almost 9 per cent in the second half of last year. Further growth is expected in the months ahead as consumers, stuck at home, choose to cheer themselves up with new carpets or modern wooden flooring. Commercial customers account for the rest of Headlam’s sales, including hospitals, schools and local authorities. Many of these cut back on all but the essentials last year. However, business is likely to pick up as the UK gradually returns to normality. Health centres in particular, may be looking to replace flooring as the pandemic eases. Midas verdict: Headlam was hit hard when the pandemic erupted last March but the group hunkered down, adapted to new ways of working and used the time to invest in future growth. These efforts should pay off this year and beyond. At £3.90, the shares are a buy. Over the long-term, there is the promise of an attractive dividend income too."

[mach100] 06/2/2021 23:42

Midas of the MOS has told his readers to get some HEAD on Monday morning. Should be a nice surprise for all holders when they pull back the sheets on Monday. A rise is definitely on the cards. Looks my move to take a position a few weeks ago was a master stroke and I am really glad to have pulled it off. The missus will be pleased too as I promised to splash out and make sure at last that the carpet matches the curtains. She might be treated to a nice facial too. Expect to see 420p on Monday as I think we will see a 6% rise on the back of Midas's tip. I wouldn't normally touch Midas's tip but it feels nice today.

[sphere25] 25/1/2021 15:59

Third day of significant volume here now. Look at this ding-dong at 400p. It's the same comments as per WJG - nonsensical psychological marks where the markets often exchange enormous volumes....for some unknown reason. The buyers (though buying very big for this share) who have come in on the back of the trading update don't yet appear to have enough clout to clear the sellers in size who are holding the price back from breaking those key levels highlighted above. Who is going to win this exchange? As per WJG, still watching to see if an opportunity does present itself on the back of these psychological exchanges or whether the sellers come up trumps. All imo DYOR

[sphere25] 22/1/2021 14:06

Stuck this one on the watchlist as a breakout contender. Interesting slow motion upward trending chart here with the price well bid at 400p and slightly above atm on the back of yesterday's update. Dividend recovery to push the re-rating higher here? Very illiquid this one and prone to sharp moves. Sell orders clearing around that 409p and 410p mark could be bullish for a small position. All imo DYOR

[solooiler] 02/12/2020 19:16

hxxps://www.ii.co.uk/analysis-commentary/stockwatch-share-50-and-still-cheap-ii514344 As the dividend likely re-builds, it should support upside to 400p to 500p a share, according to its extent and perceived risk. Targeting is compromised by the effect of Brexit on spending patterns, consumer and commercial alike. So, watch for opportunities to accumulate while keeping Headlam under review. Buy.

[pireric] 24/11/2020 07:29

Cyber incident - no access to ERP or customer or supplier systems, or payroll - some access to back office systems which has now been resolved and access restored - impact to servicing customers and minimal operational impact. Small amount of data extracted - forensic cybersecurity consultants to run a review, relevant authorities notified. Sounds like a well known bad actor organisation More and more of these types of attacks on big companies this year. Doesnt sound serious in this instance/derail the recovery story and have not noticed any meaningful or sustained share price imapacr in other companies that have seen smaller hacks this year. Eric

[value hound] 19/11/2020 08:38

Yes, great news. Worth more like c.£365m / 430pps IMO - which would still be well south of the c.540p it was pre-pandemic and I always sell too soon anyway!

[pugugly] 19/11/2020 07:21

Update fanastic - Well ahead of expecations - https://www.investegate.co.uk/headlam-group-plc--head-/rns/trading-update/202011190700067975F/

[essentialinvestor] 10/11/2020 10:09

No cash/debt update might leave some a little cautious. Hopefully that is mentioned later this month. Had a few.

[1blueletter] 10/11/2020 08:37

This stock is going to be a good recovery play, long at 250 : https://thecollective.finance/2020/10/series-part-headlam-plc-head-l-the-leading-carpet-distributor-in-the-uk-a-dividend-grower-and-insider-buying-100-upside/

[essentialinvestor] 08/11/2020 17:48

Hopefully on the next update net cash/debt is mentioned.

[aim0raider] 08/11/2020 12:50

Further improvement in that front, cash collections expected to remain good. When you corner the market people need to pay, because there are limited other options to buy from.

[essentialinvestor] 05/11/2020 18:31

Nothing on net debt on that update.

[aim0raider] 03/11/2020 14:56

They are continuing to deliver and sell throughout, they have made the announcement. Contract work will continue regardless. Seems like minimal disruption, despite how it seems.

[essentialinvestor] 02/11/2020 16:34

Might be an idea if they update on financials, facing another lockdown?. Are The Collective still about?.

[aim0raider] 26/10/2020 09:01

https://twitter.com/aimraider/status/1319631913636761605?s=20

[1blueletter] 26/10/2020 08:36

Some interesting block buying going on at Headlam - https://thecollective.finance/2020/10/headlam-head-l-significant-block-trades/

[mdt2] 12/10/2020 18:48

Agree didn't dig that deep!

[essentialinvestor] 12/10/2020 08:19

Decent write up, thanks for that. Would just add this was the Chairman's first purchase, so may be less significant than it first seems.