gamesinvestor
22 Aug 2017
Sales 14-Aug-17 Halma HLMA Thompson,Kevin J 35,861 @ 10.95p £392,642.1014-Aug-17 Halma HLMA Williams,Andrew 55,000 @ 10.97p £603,149.9614-Aug-17 Halma HLMA Ward,Jennifer 9,820 @ 10.95p £107,519.1814-Aug-17 Halma HLMA Thompson,Kevin J 32,414 @ 10.95p £354,900.9014-Aug-17 Halma HLMA Williams,Andrew 49,651 @ 10.95p £543,628.8214-Aug-17 Halma HLMA Meyers,Adam 24,340 @ 10.97p £266,921.2714-Aug-17 Halma HLMA Meyers,Adam 28,191 @ 10.95p £308,663.27Games
Rhigos
31 Jul 2017
Re: Trading Update Re my post on 11-04-17 XPP up over 6% today following excellent 1/2 year report.See XPP discussion board for more info. including fc yld of 6.8%.
cudntpikmynose
14 Jun 2017
Re: Finals Hardboy thank you for your time., your post is informative and much appreciated.
Hardboy
13 Jun 2017
Re: Finals Hi CPMN,At least you're asking questions I can answer! Thanks.The ii fundamentals takes a few days to be updated after results are announced. So they are showing figures based on last year's finals. I was doing my calculations based on the results announced this morning. Adjusted EPS was 40.21, so with the share price currently on 1174, that gives a PE of 29.2 (1174/40.21.) I didn't actually do that calculation this morning. I just thought price is approaching 1200 & EPS is around 40. I can do that sum,. At the risk of teaching grandmother's to suck eggs: The average PE of the FTSE 100 is around 15. Companies may be higher or lower for a number of reason - a large dividend may push the price higher, while a lack of dividend may reduce the price - but the main reason for varying from the norm is what is expected in the future. Businesses in trouble whose profits may be fit for whatever reason will have a lower PE. On the other hand businesses like Treatt & Halma with a very good track record of growing profits, and with every indication they are going to continue to grow profits will have a higher PE. I suppose strictly speaking people should always qualify PE by saying it is a historic PE (i.e. using the latest known EPS) or forward looking PE which will base the EPS on brokers' forecasts. To put it another way most businesses with excellent growth prospects will appear overpriced. If Halma continued to grow profits at 17% pa and the share price remained static from now, it would get to a PE of 15 in 4 years. So I think it is overpriced at the moment, but with growth shares you can never be sure when they get to the overpriced level at which people seriously start selling, and jumping out too early can mean missing out on a lot of growth. I've invested for the long term - as long as the profits continue to grow, I'll stay invested and the share price will go from being highly over priced to modestly overpriced, but the overall trajectory will continue upwards. And with the dividend growing at 7% or so each year; I'll be getting some incremental income too. Most people would be pleased with a 7% pay rise every year.As for using Halma equipment - you're one up on me; but one of my earliest investing lessons was when looking for companies to research why not start with ones whose products & services you like. Good luck.
Yertiz
13 Jun 2017
Re: Trading Update Not disappointed with those results! Halma seems to be on a roll at present, new highs, increased profits, increased dividend. £15 can't be too far away now.Now, Mrs. May - this is how strong and steady looks.
II Editor
13 Jun 2017
NEW ARTICLE: Halma: Records keep tumbling at this star stock "When LSE:HLMA:Halma publishes financial results, dividends get broken. It's been the case for as long as I've covered them, and this time is no different - record revenue and record profit for a 14th consecutive year, and a further ..."[link]
cudntpikmynose
13 Jun 2017
Re: Finals Hardboy - Lk gents as a bit of a novice I would appreciate a bit of help re Halma.Hardboy you mention a p/e of near 30 yet in the fundamentals its near 40..do you just ignore III fundamentals and work out the p/e yourself.I know you shouldn't get to concerned with p/e I think last time I discussed it was re LKs favorite share Treatt.I liked that share because of the director buys but was put off by the p/e DOH.I actually work with Halma kit so I know it is good swag but high p/e still puts me off.Especially with the market so high. Lets face it, if Im making money every day there must be something wrong. Reminds me of 1987.
Hardboy
13 Jun 2017
Re: Finals LK: "I sold Renishaw, though I should have kept them"You & me both
LK Hyman
13 Jun 2017
Re: Finals Hardboy,Yes, it's all great stuff; even net debt was improved which, for an acquisitive company, is excellent news.Thank goodness I kept this puppy when I sold Renishaw, though I should have kept them both ... and bigged up on both. Ah well, never mind.I tend to agree that the P/E is not too demanding, assuming that this year's (and previous years') growth rates can be maintained.LKH on the flybridge
Hardboy
13 Jun 2017
Finals Another impressive year & indications that this year will be another one. Everything is going in the right direction except the pension deficit; but that is manageable compared with many. It's pricey with a PE approaching 30; but taking a long term view as long as it continues growing sales, profits and dividends the way it has then that does not matter too much.
Yertiz
30 May 2017
Re: Trading Update In Halma's terms, the SP is 'shooting up' (new all time high today) - while XPP seems to be somewhat languishing after its spurt upwards. Wait until the results are announced on Jun 13th - should be steady and profitable progress with another increase in the divi - 39 years of continuous increases is no mean feat.Horses for courses and swings/roundabouts etc..
schovald
11 Apr 2017
Re: Trading Update HLMA still well ahead over 3 and 5 years though.
Rhigos
11 Apr 2017
Re: Trading Update In my last post dated 23-03-17 I mentioned that XPP was my best performing share. Now wish I had bought more then as following today's trading statement SP rose 9.3% ! They also pay quarterly dividends. XPP make HLMA's performance appear sluggish.
tejo
24 Mar 2017
Re: trading update Hopefully, all those who were shorting the stock at the end of last years are now seeing the error of their ways.. I could see no reason to short then and update shows that this very sound company is still progressing well.
Hardboy
23 Mar 2017
Re: Trading Update "I wish I had invested more than [checks] 1.5% of my shrunken wad in it."Keep the same number of shares, and with a following wind, it will become more than 1.5% of your wad; and if it doesn't that'll be because your other holdings are doing even better, so that would be even better.
