Rhigos
24 Apr 2015
Top up perhaps Since I bought some HLMA shares in Sep last year SP has been moving upwards in a pleasing pretty steady fashion. Now up 13.5%. I like consistently increasing dividend though at 1.5% not big. EPS growth of 22% is good. Not cheap with a PE of 25.7 (forecast 23.7). Wondering about increasing holding by 50%. Looking at as a long term hold. Think I will set an alert for ask price of 712 as an entry point.I agree with LKH that this is a good solid company and appears to be well managed. One slightly bad mark against it is they have issued more shares in the last year, though I have not looked up details. Other than that full marks on Piotroski score, 8 out of 9.
LK Hyman
09 Apr 2015
Re: Established income payer, in a sturd... BB,Well found, m8. I'd noticed the vast numbers of Albent posts and assumed he/it was just some 'bot. Nobody is interested in engaging with a 'bot.Albent goes straight to ignore.LKH on the flybridge
Boring Bernie
08 Apr 2015
Re: Established income payer, in a sturdy fi... Dear meAlBent = Al Bentley [link] blatant with it too. It would be nice to think that ii weren't allowing you to spam the boards for the exchange of a few quid and that you were just spamming ?
albent
08 Apr 2015
Established income payer, in a sturdy financial position with a proven track record. Some futher details on Halma [link]
survived2crashes
18 Feb 2015
Ignore JPMorgan? I agree with LKH. I might just start reading their research so I can do the opposite!!!The market clearly disagrees with them.
mutandis13
11 Feb 2015
Re: Halma downgrade by JP Morgan Hi valumanbuyer,I hold Diploma in my growth portfolio and comment on them in my blog. Prelim comment is here:[link] is :"...At 689p Diploma is rated at 19x earnings and 19.7x FCF, not cheap, but for a high quality cash generative business that has increased EPS, FCF and DPS by a compound 27.3%, 9.4% and 16.9% respectively over the past 5 years - good value..."Today at 791p they are fully priced - so probably right to wait.
Rhigos
11 Feb 2015
Re: Halma downgrade by JP Morgan valuemanbuyer, Re Diploma (DPLM) I do not own any but having looked at them, after reading your message, that might change, thanks for pointing them out. I agree fundamentals are similar to HLMA. The EBITDA/EV of 5.8 is a bit low suggesting they are fully valued. The fact that ROCE is a lot higher than the ROE is I suppose because of negative gearing, in other words the value of company is greater than the equity value because of their cash holding. The SP was at an all time closing high on Fri of 792p. Their specialist sort of business looks good. Not cheap but definitely worth thinking about as a buy IMHO. As always of course DYOR.
valuemanbuyer
11 Feb 2015
Re: Halma downgrade by JP Morgan Anyone own Diploma & if so what do you think of them -seems to be of a similar quality to Hlma. ? thinking about buying some but waiting for a sensible price.
LK Hyman
11 Feb 2015
Re: Halma downgrade by JP Morgan Pasak,"Possibly the market has learnt to read them as contra indicator!"Interesting thought. Perhaps, if one put together a portfolio consisting of JPMorgan's and Questor's sell recs and bought it instead of selling it, one might make a bob or two?LKH on the flybridge always on the lookout for ideas
pasak
10 Feb 2015
Re: Halma downgrade by JP Morgan I had a large chunk with JPMorgan for years. It generated nowt and they were arrogant and unapologetic about it. From first hand experience I can vouch they are 'the most US in the US'.Since those days, when perusing a list of funds and their performance, I always skip when I come to anything of JPM's.Anyway, the sp has finished up over 1.5p. Possibly the market has learnt to read them as contra indicator!
II Editor
10 Feb 2015
NEW ARTICLE: Has Halma had its day? "LSE:HLMA:Halma has been growing steadily since the financial crisis, something reflected in a share price up almost five-fold. And the maker of smoke detectors and automatic door sensors has impressed again, reporting constant currency growth in ..."[link]
pharmaspecialist
10 Feb 2015
Re: Halma downgrade by JP Morgan Yes I would also agree with earlier comments. The downgrade by JP Morgan was timed just before the trading update so it caused the maximum amount of concern/panic. This would be advantageous to anyone who wanted to buy the shares of this high quality company.
Brown Bull
10 Feb 2015
Re: Halma downgrade by JP Morgan Quite agree, LKH. The Trading Update this morning was solid. True, the SP has risen quickly in the last few months, and may be due a rest, but I don't personally see it retrenching to 600p.
LK Hyman
10 Feb 2015
Re: Halma downgrade by JP Morgan Rhigos,JP Morgan are being internally inconsistent ... big time. First they downgrade their recommendation to underweight from neutral, then they say their view of Halma is unchanged. Eh? Whuh da fuh? How does that work? THEN they say their price target is unchanged at 600p. If it's unchanged why in the name of all that's holy were they "neutral" when it was over 700p?Sometimes I wonder what kind of epsilon demi m0r0ns work as analcysts for these white-shoe investment banks.I shall continue to hold Halma which has done extremely well for me over many years.LKH on the flybridge
Rhigos
09 Feb 2015
Halma downgrade by JP Morgan [link] do not agree with downgrade and am annoyed that as a result SP has fallen nearly 4% today. Good buying opportunity IMO. HLMA is profitable well managed company though I will admit not cheap.
