James Halstead Share Discussion Threads

[billy_liar] 28/11/2013 09:44

Looks like it may be starting the next leg up ahead of the January pre-close trading statement.

[wad collector] 06/11/2013 13:01

Xd 6p today but currently down 20p. I doubt a significant cause ;
Buytime for me at 280p.

[zeppo] 30/10/2013 18:46

I used to go to a lot in London and enjoy other aspects of London as well as the AGM.

With JHD (which was for me a more significant holding until I halved it last year) it was a chance to chat various regular attendees and, whilst in the North, to visit my surviving friends and relatives.

Investment Trusts were good to go to as the fund managers gave presentations about their key investments market trends etc.

I only have one Investment Trust currently. Must be getting old.

Hope this company gets on a roll again.

z

[trigger blade] 30/10/2013 10:21

I have a pair of nail clippers, that's about as offensive a weapon as I possess :-) I have a very modest shareholding and have never attended any other company's AGM, I go to this one for social reasons to meet up with ex-colleagues.

I would say the attendance is a very small number of fund managers and a few PIs, some of whom are current or ex-employees. Given the company's performance over the last 30 years, the scope for axe-grinding nutters is somewhat limited and the AGM lasts only as long as it takes Geoffrey to read his statement and to vote through the various motions.

[wad collector] 29/10/2013 19:04

I am impressed by all you attendees . I guess it depends how big your holding is , but are AGMs not full of silent well heeled fund managers and a couple of axe-grinding Nutters who want to complain about something?
Just thought ; do either of you own an axe ?

[trigger blade] 29/10/2013 11:08

Well, the change of venue's a personal blow. A recent house move meant that I could have walked to my local station and taken the train to Bolton. I'd planned to enjoy the JHD hospitality to the full, including the fish goujons and the cheese board. Now it will have to be a drive to Salford, with no guarantee that the car won't be up on bricks afterwards, and a J2O :-)

[zeppo] 28/10/2013 21:40

I have attended half a dozen or more AGM's even though I am a Lancastrian now living in the South. I usually made the AGM part of a few days back in the North and have also stayed at the Bolton Holiday Inn a few times(including 3 nights recently). I halved my JHD holding about a year ago to diversify after it had stormed ahead for so many years.

Will miss this year's AGM but hope the stock recovers its former momentum.

z

[lundhousegreen] 28/10/2013 18:10

It's only the share options they have sold. I would do the same for a nice pre Christmas bonus.
Still leaves Mark Halstead with just under £25million of shares, and Gordon Oliver with about £625,000 worth of shares plus the remaining options. Probably sold to pay tax or other personal reasons rather than anything sinister or lack of confidence in the company.

[wad collector] 28/10/2013 17:19

2 Directors each selling 150k shares today is not exactly a vote of confidence in the company ; though who knows what their personal circumstances are?
I put in a 301 sell limit earlier today and am puzzled as to why it was not triggered despite some smaller subsequent sells at 302.

[wad collector] 28/10/2013 13:59

I had forgotten that you were a pair of gourmets.
Ex sixpence next week.

[lundhousegreen] 28/10/2013 11:53

Went to the AGM last year and thought the capacity was OK but the food was becoming iffy.
I think somewhere more convenient for all would be better. There are lots of other venues near the M6 and M60 in the Bolton & Bury area.

[zeppo] 28/10/2013 11:30

AGM venue less convenient for soft Southerners.

Was the Bolton, Holiday Inn's converted church/chapel area becoming too small?


Z

[lundhousegreen] 28/10/2013 11:07

I note that the AGM venue has been changed to The Salford City Stadium,
Eccles, Manchester on Friday 6th December.

[wad collector] 23/10/2013 12:53

It has finally stuck its head over the £3 parapet again. I sold a few but only because I need to for IHT.

[trigger blade] 17/10/2013 15:22

2 chunky buys of 250k today, I know they weren't mine, but somebody's confident.....

[bda3490] 01/10/2013 15:16

Cash is looking good

[wad collector] 01/10/2013 14:33

No special?

But at last the spread has narrowed to 0.75p - not seen that for a while here.

[billy_liar] 01/10/2013 08:04

Seem solid enough for me given the current climate. I shall be happy continuing to hold, and should there be any sort of sell off I will accumulate more.

[lundhousegreen] 01/10/2013 07:45

Results...

[lundhousegreen] 29/9/2013 08:15

Results this week?

[wad collector] 25/9/2013 14:58

Spiking back up towards £3 . Perhaps the usual upwards trend is about to recommence?

[trigger blade] 02/9/2013 08:46

alter ego,

Thanks for that info. In the end, TDW did a deal where the spread came right down as you indicated, but they also took a buying commission and I didn't notice until afterwards that it was higher than their usual commission, my fault for not asking. I did toy with the idea of moving the whole portfolio (such as it is) elsewhere, but it's such a faff and inertia is a big obstacle.

[bda3490] 23/8/2013 18:31

I hear the ceo is racing at oulton park in a vauxhall omega

[alter ego] 09/8/2013 23:08

Trigger Blade, that 's not good enough. I managed to sell and repurchase a very substantial shareholding a day or so ago where the normal spread would be anything up to 1p for a buy price of .02 of a penny more than the selling price. The trade involved 230000 shares so the mm took just £46 on the spread. The broker was Selftrade. They also managed to get the deal done at very close to the bid price reducing the stamp duty on the repurchase. TD Waterhouse should be ashamed.

[trigger blade] 09/8/2013 16:31

alter ego,

I just tried to do that with TD Waterhouse Direct Investing, who, as unhelpful as ever, said that all they could do was sell them and buy them back and I'd have to live with the normal spread. I think I might try and find a more customer focussed broker :-)