James Halstead Share Discussion Threads

[trigger blade] 26/6/2018 13:49

I just checked the same thing and on 20/21 there were buys over 450, a large number of buys/sells of small quantities, which often happens with JHD and I've always assumed they were employee profit share scheme trades. There was also a big buy of 82100 at 451.7692.

Anyway, I had assumed the rise was a reaction to the announcement that they wouldn't bid for AIEA. I am at a loss to explain the subsequent drop and pleased to see it going up again :-)

[wad collector] 26/6/2018 12:46

Ah yes ,I went too far back, as you say.
No news no broker upgrades that I can find.

[gripfit] 26/6/2018 12:28

they did Waddy,,, just check the trades

[wad collector] 26/6/2018 12:13

A lot of the apparent share price movements on the advfn graphs are a bit artefactual for JHD , they sometimes use the buy or sell prices as midprices for the graph, often on tiny volumes so most of the swings are not real. Not sure the selling prices went above about 430 earlier in month.

[gripfit] 25/6/2018 15:01

wht the spike to £4,50 -£4,60 and then back ??

[gripfit] 13/6/2018 13:10

SMASHING , ill have a butchers(look)

[gripfit] 24/5/2018 12:36

bought a couple of thousand myself

[saint or sinner?] 23/5/2018 17:26

Added a few more today. Expect a slow climb to £5+ now the uncertainty has gone.

[bda3490] 23/5/2018 08:24

I remember in the late 90s when JHD and Airea (then Sirdar) were both aboyt £50 million market cap . Now one dreams of 50 million and the other is near £1 billion.

[trigger blade] 03/5/2018 13:18

How do you get to that valuation pete?

[elmfield] 03/5/2018 13:15

60p,
Enough.
Just walk away.
Never overpay.

[petebarnes1] 03/5/2018 13:04

Airea bid should be a £1

[gripfit] 26/4/2018 10:11

its not ,I agree , so why didn't we bail out at £5.25 ??

[3800] 26/4/2018 09:41

the steady slide in the share price continues at what level do holders feel it's good value to top up? If ADVFN data is to be trusted historical pe is still over 20 with EPS of 17.6p it doesn't yet seem cheap to me.
3800

[gripfit] 26/4/2018 09:24

they are probably running a slide rule over it at the moment ( if you know what one of them is ) ;o)))

[irenekent] 26/4/2018 09:18

What about the Airea bid?

[wad collector] 28/3/2018 12:32

Even with the 25% share price fall over the last yr it still has p/e of 17. It does not shout out to me as a screaming buy ; happy to forget about it but not adding. I am down about 5% on my average buy price but have made some big gains here in past trades so not complaining.

[wad collector] 27/3/2018 13:10

As you say , solid, though really just in line with CPI. Better than most of my portfolio but not likely to set the share price on fire. I like the outlook statement.

[lundhousegreen] 27/3/2018 08:38

A good interim report....

[wad collector] 31/1/2018 08:34

I missed this , not that you would notice from any share price response; though perhaps a few broker notes might stir things up a bit. Wish I had more of these in my portfolio. I have resolved to stop trading them.


29 January 2018

JAMES HALSTEAD PLC

Pre Close Trading Statement

James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update ahead of its interim results for the half-year to 31 December 2017.

Turnover has increased by 5%, boosted by a strong December, and profit is in line with expectations and in excess of the comparative half-year. Having achieved revenue increases in the majority of our key markets, including Germany, the UK and Australasia, this has resulted in a record level of turnover in the half year.

In his AGM trading update, on 1 December 2017, Mr. Geoffrey Halstead noted that trading to date had been in line with our budgets albeit against competitive headwinds. In particular, the central European markets (the principal of which is Germany) have been very competitive with very keen pricing. However, in early January a German manufacturer entered administration and announced the closure of its sheet vinyl and tile facility. This closure is expected to take place imminently and this should ameliorate the pricing pressures we have been experiencing.

Product development continues and we have refreshed some of our key ranges and presented them to the trade in recent weeks. Given the positive feedback, our confidence for the full year is unchanged and remains positive.

[wad collector] 22/1/2018 13:27

Hope not , my portfolio has taken a battering recently. It would be a bit of a turnaround from the previous statement.

[gripfit] 22/1/2018 12:33

trading statement imminent ,,, share price is telling us something hmmmmmm # warning ??

[wad collector] 04/12/2017 08:28

Sounded upbeat , hope it wasn't retirement rose tinted spectacles!