James Halstead Share Discussion Threads

[gripfit] 23/10/2015 22:08

it is looking toppy to me ,,,,, don't think I am a buyer ..

[zeppo] 22/10/2015 11:06

wad collector

A good private client circular is invaluable. If you cannot buy when the circular comes out then you can monitor stocks and go in when appropriate.

It helps decision making to diversify a portfolio.

The brokers( they appear to shun publicity) who put me into JHD over ten years ago are not currently issuing a useful monthly bulletin. Their charges are much higher than average but I have always felt it was worth it for the excellent bulletin. I may curtail my links with them because of this.

z

[wad collector] 21/10/2015 22:45

My spy at Pillings tells me that JHD is tipped in their private client circular this month. For the usual reasons.

[wad collector] 16/10/2015 13:46

When it comes to anything financial , my policy is that I never buy anything that someone is trying to sell me.

[bda3490] 15/10/2015 14:09

Capita Dividend Re-investment plan
Got this through the post on my JHD shares. Re invest my div in JHD for a 1% fee. The company say it was not authorised they think the fee and the likely effect of execution only trades will mean a bad price and that have demanded Capita write and with draw it.
Outrageous cross selling ?

[wad collector] 15/10/2015 12:50

SP stirring again today - heading back to new ATH , though xd 7.6p in 3 weeks .

[wad collector] 11/10/2015 21:54

The Telegraph tip last week as above;
Comment
James Halstead
398p-13.25p
Questor says BUY
JAMES Halstead [LON:JHD], the manufacturer of floor coverings, maintained an impressive 40-year track record of rising dividends, after announcing record profits and revenue in full-year results yesterday.

The Manchester-based company is celebrating its centenary year and has become one of the world leaders in vinyl flooring. Vinyl may sound very Seventies, but Halstead has invested in creating technically advanced flooring that is both low-cost and hard-wearing. These attributes mean it is demanded across the world by hospitals and schools.
Halstead has an attractive business for several reasons. It is difficult for new companies to start up and compete because of the high cost of the machinery required to produce its kind of flooring. The company’s manufacturing process also benefits from years of technical expertise, which lowers costs and is difficult to copy.


James Halstead’s global reach has reduced any reliance on one particular market and helped spread commercial risks. The group generates about 35pc of sales in the UK, 43pc from Europe, 15pc in the Far East and 7pc from the rest of the world.
The company is also helped by sales of flooring having a certain degree of predictability. Gordon Oliver, finance director, said that about 80pc of business was refurbishment of buildings such as offices, shops and restaurants, with the balance going to new infrastructure projects such as hospitals and schools. Sales are, therefore, not dependent on big building programmes.
This was all demonstrated in the results, with revenue up 1.7pc to £227m, pre-tax profits up 5.8pc to £44.2m, and the dividend increased to 11p. The 7.8p final dividend goes ex-dividend on November 4 and will be paid on December 4.

Halstead also looks in good condition from a balance sheet perspective. The shares are backed by net assets of £105m, or about 51p per share, and there was £47m in net cash at the end of June.
We said the shares were good for the long term (Buy, 330p, March 31) and although a bit expensive on 25 times earnings, this is a quality operator. Buy.

[bda3490] 30/9/2015 10:29

Quester - a buy!
Shares a bit expensive but this is quality operator !

[wad collector] 30/9/2015 08:32

Seems the market was underwhelmed by yesterdays impressive results , presumably expecting even better. I am not complaining , bought back some this morning at 399 ; happy to take a quick 6%.
Not one I usually trade with , so will go back to armchair mode with this one.

[alter ego] 29/9/2015 11:52

good results, solid, well run company. Have a holding and would love to add to it but as usual the rating is far too full to be buyable.

[lundhousegreen] 29/9/2015 07:39

The finals out and Geoffrey Halstead says JHD 100 not out!

[wad collector] 28/9/2015 11:28

Interims tomorrow.

[billy_liar] 25/8/2015 12:21

investorschampion - foydc

[wad collector] 20/8/2015 13:09

Go away . You are clogging up BBs with your advertising.

[wad collector] 29/7/2015 10:42

Tidy looking statement , which when the traditional understatement here is factored in , looks particularly positive.
Maybe I won't get the opportunity to buy back my recent sells !

[lundhousegreen] 29/7/2015 07:44

Trading statement

[greatgiginthesky] 28/7/2015 10:36

Sure is, but I can't work out why his holding is now 6,186,680 when the last report & accounts had him down for 8.2 million.

[wad collector] 28/7/2015 08:56

CEO holding onto all his 80,000 share options is a vote of confidence.

[wad collector] 22/7/2015 16:53

Such honesty ; seldom found on BBs ; many of the others seem to be full of retrospective traders.