James Halstead Share Discussion Threads

[bda3490] 31/3/2021 19:46

Good coverage in IC
Record turnover
Record profit
Record dividend

[lundhousegreen] 31/3/2021 07:16

Interim results..

[beergut] 15/2/2021 16:54

What went wrong todayAny ideas?

[wad collector] 05/2/2021 13:37

Looks like the market has taken a bit more notice of the TU today , heading to a 9 month high. ATH not implausible in next few months.

[wad collector] 04/2/2021 11:55

The bottom line was...

the Company expects to report pre-tax profit for the half-year in line with last year's record level.

Our balance sheet remains robust, with cash balances above our year end in June and the comparative for December 2019.

That'll do me.

[energeticbacker] 01/2/2021 17:06

Featured in today's Investor's Champion update –

House broker forecasts for the year ending June 2021 are for sales of £252m (growth +5.6%), pre-tax profits of £47.5m (+8.2%) and eps of 17.9p (+8.5%).

The 27x price earnings rating looks quite full in isolation, but you get real numbers from James Halstead, rather than the hugely adjusted sort of creations one sees from others. A prudent balance sheet, plenty of supportive cash and 25%+ return on equity and near 50% return on capital highlight the quality.

[jurgenklopp] 27/1/2021 11:33

Trading update ought to be tomorrow or Friday.

[bda3490] 18/1/2021 12:53

Back above £5

Trading update due

Records ?

[essentialinvestor] 26/11/2020 20:08

Zang, agree on the quality aspect.

They appear to have reached a size where gtowth is a little more challenging.

[zangdook] 26/11/2020 05:39

He'd be clobbering small companies' fund-raising abilities, annoying a lot of Tory voters and forcing smart money off-shore for not a huge amount of cash. Who knows...yes, there are cheaper AIM companies but you get solidity here, and some degree of Brexit hedge with the overseas businesses

[wad collector] 25/11/2020 22:27

Agree that probability is going to hit the AIM shares ; and I think it will be regarded as a low hanging fruit for a desperate chancellor.
As you say , buy for the fundamentals. But you can question an awful lot of sectors with a World recession appearing. Perhaps the answer is get out of equities.

[wad collector] 23/11/2020 23:02

Catch it and then count your fingers. My vote is that you will still have all of them.

[jonut] 23/11/2020 11:30

Share price has just fallen 30p from 463 to 434 (6.4%). Cut price sale or falling knife?

[energeticbacker] 13/11/2020 09:42

Featured in Investor's Champion update: operating margins touching 20%, excellent cash flow and a return on equity of 25% highlight the quality.

JHD also comes out well in Investor's Champion's ESG assessment.

[lundhousegreen] 12/11/2020 14:18

Virtual shareholders brunch LOL ;)

[wad collector] 12/11/2020 12:29

I like that statement , particularly in the context of the tendency of JHD to understate.

You in Manchester having a virtual shareholders breakfast then?

[lundhousegreen] 12/11/2020 07:22

Chairman's AGM Statement

[wad collector] 05/11/2020 16:50

Thought that might be a rogue trade causing sudden dip at the close but I see someone unloaded 180k shares @438 ; that seems surprising ,as it drops to a 6 month low.

[wad collector] 03/11/2020 12:17

Presumably LHG won't be able to gorge himself at the AGM this year , thus improving the balance sheet by hundreds?

[jonut] 22/10/2020 11:52

NOTICE IS HEREBY GIVEN that the ONE HUNDREDTH and FIFTH ANNUAL GENERAL MEETING of the company will be held
at its registered office, Beechfield, Hollinhurst Road, Redcliffe, Manchester M26 1JN, on 12 November 2020 at 9.00am.

[trigger blade] 01/10/2020 07:39

It’s taken a global pandemic (and a major production problem) to stop the relentless growth of JHD. Happy to see a record dividend and an optimistic outlook.

Interesting to see that the company acknowledges PPE help from Altro and Amtico, some things are more important than competition.

[wad collector] 05/8/2020 13:27

Just noticed ; strong statement for the situation.