James Halstead Share Discussion Threads

[lundhousegreen] 09/5/2008 16:39

WH Ireland have put out a Buy Note out today with a price target of 616p,they say "there looks to be ample scope for further special dividend declarations between now and Financial 2011." They expect a special dividend of 25p payable in the first half of 2009 and another in the second half of 2010.

[lundhousegreen] 08/5/2008 15:45

MM's still appear short of stock Thursday afternoon?
Sellers sunbathing? ;-))

[lundhousegreen] 07/5/2008 15:06

.... and let the trend be your friend!

I hear the MM's are a little bit short of stock. ;-)

[bda3490] 07/5/2008 13:31

My money is on trend

[lundhousegreen] 07/5/2008 07:08

I'm here, quietly tucking away a few more JHD, hoping for a special divi.' again this Christmas?! The share price has been undervalued for a while IMO, and looks like maybe Altium (whose last note was a buy,& gave a target of 640p) or other brokers (JS) have introduced a few new clients? With a small volume yesterday, I would think there was possibly a biggish buy in the background not yet reported after the large share price rise on Tues.

[wad collector] 06/5/2008 18:20

Late rise on a small volume.Bit of noise or beginning of a trend?


Lundhousegreen where are you?

[bda3490] 28/4/2008 17:01

Looking cheap still

[wad collector] 14/4/2008 23:25

Most of my most successful investments have been retrospective!

[lundhousegreen] 08/4/2008 18:16

Full page write up on Halstead's in tonight's Manchester Evening News.

[lundhousegreen] 01/4/2008 09:42

I note Altium Securities, after calling the JHD results "stunning",
re-iterate their BUY stance stating the shares are undervalued.

[bda3490] 31/3/2008 12:34

If you get the Manchester Evening News they (Halstead Board) have a photo - either these guys never age or the MEN is using a very old photo. I think that the MEN has twice named other companies co of the year with Halstead as runner up. One of them immediately went into meltdown. Don't enter competitions

[bda3490] 31/3/2008 11:49

Given the current market doesnt expect upside performance I bet these boys have played cautious in these results

[m.t.glass] 31/3/2008 10:37

fortuitous advantage over competitors:

....the underlying increase in oil prices has meant increased cost and, at times, restricted supply. In addition, the oil prices have increased manufacturing costs not just for us but for our raw material manufacturers who face not only commodity price increases but also the effects of being large energy users. The issue is of concern but our competitors also face these same cost increases and where they are European based (which for the main part is the case) the appreciation of the Euro that has benefited us has had the exact opposite effect on them...

[saint or sinner?] 31/3/2008 09:46

Can't believe there isn't a greater following for this gem of a company ...

INTERIM RESULTS FOR THE HALF-YEAR ENDED 31 DECEMBER 2007

Key Figures

James Halstead plc, manufacturer and international distributor of commercial
floor coverings reports:

• Turnover increased to a record £78.5 million - an increase of 14.8%
• Operating profit increased to a record £12.6 million - an increase of 18.2%
• Pre-tax profit increased to a record £13.1 million - an increase of 16.2%
• Basic earnings per ordinary 5p share increased to a record 17.4p - an
increase of 15.2%
• Proposed interim dividend increased to a record 6.25p - an increase of 19%


Chairman, Mr Geoffrey Halstead, commenting said:

'These interim figures, once again, show a record performance with our UK and
international sales driving forward to more than offset the increases in raw
material and energy costs. In addition, cash flows from operations continue to
strengthen the balance sheet and we move towards the full year very positively.'

[m.t.glass] 31/3/2008 09:05

Cute little double-bottom (20/3, 27/3). If today's price closes above that intermediate peak (26/3) I guess we might expect further upward movement.

Depending, as ever, on the vagaries of the market at this crucial end-of-UK-tax-year juncture, and (as ever) all the other variable influences!

[lundhousegreen] 31/3/2008 07:46

Results better than I expected with the increase in raw material costs,
but offset by currency fluctuations.

[zeppo] 31/3/2008 07:17

19% rise in Interim Divi

6.25p to be paid on 23rd May 2008.

The success of this company continues.

z

[lundhousegreen] 20/3/2008 18:23

I like the "Halsteady as she goes!" ;-))

IMO there have been one or two forced sellers to pay for long positions in other stocks that have gone awry. Maybe also that some are taking profits before the new CGT rules?? BTW, I'm very long term in JHD and am not a seller.

[zeppo] 20/3/2008 18:04

Disappointing weakness last two days after remaining aloof from the travails of the market

What will the results bring?

Will it be Halsteady as she goes?

Happy Easter!

Don't put all your eggs in one basket.

z

[hvs] 04/3/2008 14:50

Have a look at LTHM

This is seriously OVERVALUED.

[zeppo] 04/3/2008 14:27

wad collector

No it was not Mr Brown or Mrs Brown and certainly not Mr Blair.

Rather than cause further annoyance to people that I respect, I have cleared a lot of my postings.

z

[wad collector] 04/3/2008 10:44

Are you both having an affair with Mr Brown?

[lundhousegreen] 04/3/2008 09:57

Removed some also.