James Halstead Share Discussion Threads

[fbrj] 01/8/2017 14:56

fbrj14 Apr '17 - 08:02 - 1210 of 1228 0 0 Edit "JHD has been a core holding of mine for well over 3 years. In January I took the decision to sell down a chunk (60%) at an average price of 492p and then watched it steadily rise from there! The reason for my (reluctant) decision was principally the p/e which I felt was too high given the actual growth rate and I think borne out by the recent interims. Even now (with the shares down some 45p from their recent highs) it is on a rating of 26x current year's earnings and 27x next year - with an eps growing at 4%. Having said that I would be looking to reinstate it as a core holding if the rating became, in my view, more realistic." For once my timing has been quite good! Following the above post I sold the remaining 40% of my holding at an average of 520p during the spike up in May. Back on the watch list following today's reaction and previous decline....a yield of 3% is not to be sniffed at either.....

[gripfit] 01/8/2017 13:42

and my earlier one of £4 looming

[gripfit] 01/8/2017 10:31

looks like my post on the 28th was correct..

[trigger blade] 01/8/2017 09:49

It looks as though the market stopped reading before the final paragraph and missed the bit about the company being confident of record turnover and profit :-)

[lundhousegreen] 01/8/2017 09:23

The finals are announced Oct 2nd.

[lundhousegreen] 01/8/2017 09:07

https://uk.advfn.com/stock-market/london/james-halstead-JHD/share-news/James-Halstead-PLC-Pre-Close-Trading-Statement/75349864

[gripfit] 28/7/2017 15:50

mkt knows first ,,,,,hmmmm

[lundhousegreen] 26/7/2017 09:29

Pre-close trading statement is due in the next few days.

[wad collector] 19/7/2017 17:06

Interesting looking rise closing at 487 ; wonder why?

[jimbowen30] 12/7/2017 12:09

I bought a few last week to tuck away for the long term. Not cheap, but solid long term growth prospects and a reasonable yield.

[gripfit] 12/7/2017 10:17

these are looking like touching £4 again, unless a very good trading statement is forthcoming.

[wad collector] 27/6/2017 12:22

Buy and forget! Not a bargain on fundamentals and the ftse at near ATH does not scream buy to me , but I bought some back earlier this month for an investment not a trade.

[wingrove4] 19/6/2017 08:39

Sold out some months ago and now thinking about buying back in any thoughts?

[saint or sinner?] 09/6/2017 16:10

I imagine there will be a post election flight to quality!

[wad collector] 07/6/2017 16:18

Bought some back at 481 ; pre-election jitters?

[elmfield] 09/5/2017 16:22

Lots of folk putting new isa money to bed? Most of my stuff is flying today.

[saint or sinner?] 09/5/2017 16:05

Oi Oi! New high.

[gripfit] 18/4/2017 18:39

could be a delayed seller from a while ago

[wad collector] 18/4/2017 13:39

Opportunities beckoning? Someone just snaffled 70k at 468p , but with 200million in issue , still not even a thousandth of total.

[fbrj] 14/4/2017 08:02

JHD has been a core holding of mine for well over 3 years. In January I took the decision to sell down a chunk (60%) at an average price of 492p and then watched it steadily rise from there! The reason for my (reluctant) decision was principally the p/e which I felt was too high given the actual growth rate and I think borne out by the recent interims. Even now (with the shares down some 45p from their recent highs) it is on a rating of 26x current year's earnings and 27x next year - with an eps growing at 4%. Having said that I would be looking to reinstate it as a core holding if the rating became, in my view, more realistic.

[wad collector] 03/4/2017 18:18

I have been in and out several times since the last special dividend ; that was 4 yrs ago. Still not sure I understand the EPS explanation ; income tax only went up form 23 to 23.8%. Anyway we all agree it is a healthy company. I just felt it was overvalued over £5 but happy to buy back cheaper.

[bda3490] 29/3/2017 10:45

Come on Wad - you know the answer Australia and NZ are rockin and their corp tax rate is higher so tax goes up a bit and the slight increase in shares (options) tweeks the EPS. Still well covered and cash growth continues to inspire Special ? You sold before the last one didn't you ? I see that SIG sold off one of the customers - their RNS says that the buyer was Endless LLP...they buy none-core businesses and brands that have fallen on hard times.... looks like they bought cheap

[wad collector] 29/3/2017 10:00

How come the EPS is down despite the pretax profits up? Have they increased the options that much? No , similar number in issue.

[lundhousegreen] 29/3/2017 07:17

http://uk.advfn.com/stock-market/london/james-halstead-JHD/share-news/James-Halstead-PLC-Interim-Results/74208372

[wad collector] 23/3/2017 09:46

Seems to have hit a ceiling , c'mon Trump , do something stupid , make the market plunge so I can buy some back! Actually correction , he has done lots of those things already.