James Halstead Share Discussion Threads

[kar120c] 18/7/2024 15:21

They do a big range of LVTs and other hard flooring for the domestic market. The Northeast factory makes a range of cushionfloor products. They no longer produce anything resembling a carpet but use to market an easy cleanable carpet for use in care homes not sure if that is still the case.

[bda3490] 16/7/2024 19:10

To be honest the Carpetright comment was mischievous. JHD don’t do the fluffy stuff nor I believe domestic flooring .

[trigger blade] 16/7/2024 12:47

I missed that news bda3490, do you have a source for it?

[saint or sinner?] 13/7/2024 09:18

Hope they have only offered £1 for it.

0 ;-P

[bda3490] 12/7/2024 18:33

Big jump today news says they are buying Carpetright

[saint or sinner?] 04/7/2024 16:21

Price drifting on the lack of any news, which is pretty much how it always is from JHD between results. This is what they said on 27 March, so one would assume nothing has changed materially since then ... indeed with inflation falling one might hope that things are even better!

Looking ahead, James Halstead said its sales of manufactured goods in January and February are "in line with last year's record comparatives". It also noted that UK activity is showing "improved confidence against the last six months."

"Margins remain solid and overheads are contained within inflationary parameters. Consequently, the improved first half profitability continues into the early months of the second half of the year. I, and the board, remain confident of making further progress," Wild added.

[alter ego] 01/7/2024 11:17

thx william127 for incisive comment

[william127] 01/7/2024 10:47

Not really comparable as most of Halstead flooring is not discretionary spending. Hospitals, commercial kitchens, schools etc are on going maintenance programs. Hadfields and Likewise Group are the main distributors in the UK. Victoria is mostly carpet in the UK which is significantly down but it's the flooding of the ceramic market from India affecting vcp Spanish and Italian divisions in USA and Europe causing the big headache.

[wad collector] 01/7/2024 10:05

Looking at rival Victoria (VCP) results , the sector is struggling atm.

[bda3490] 17/6/2024 19:10

Got my record interim div cheque today
Again

[wad collector] 04/6/2024 13:32

That wouldn't explain its underperformance relative to the AIM indices.

[coolen] 31/5/2024 23:50

Perhaps depressed by Starmer's rumoured plans to cancel the IHT concession on AIM shares ?

[wad collector] 30/5/2024 22:32

Hmm, it is not perking up despite a wider market recovery, is there another problem?

[saint or sinner?] 04/4/2024 09:57

“Patience you must have my young Padawan.”

0 :-)

[c3479z] 29/3/2024 14:38

as Boxall points out, no EBITDA at JHD or LTHM.

[wad collector] 27/3/2024 22:44

You are very amusing.

[bda3490] 27/3/2024 18:56

Yoda the new name for saint and sinner

Big cash pile they are sat on !
Wad still miffed he flogged the cheap shares for a booze and cruise

[saint or sinner?] 27/3/2024 12:46

Big cash pile they are sat on.

:-)

[wad collector] 27/3/2024 08:30

EPS roughly back to the 2021 figures. Bearing in mind the tendency JHD have for understatement, the cautious optimism reads well. But maybe the market needs to see some stronger numbers before the share price will recover substantially?

[luzley] 27/3/2024 07:45

Good interims, increased dividend and improving outlook. Looks good for 2024 and on as interest rates drop.

[bda3490] 26/3/2024 17:13

They probably heard that you have bean moaning about selling all those shares accumulated over 25 years to buy a yacht then buying back half a dozen to get the beer and food at AGM

Hopefully you’ll get yer 242

[wad collector] 26/3/2024 16:16

That's an interesting little rise up to the close. I hope it is anticipatory of some good news tomorrow. Or more cynically a leak.

[wad collector] 25/3/2024 09:18

Interims due Wed.