valuemanbuyer
26 Jul 2016
Re: Value ? sorry typos YertizWell done on having 15% of your portfolio. I made the classic mistake of thinking it was too expensive at £6+ and sold half my holding . It just needs to keep up the acquisitions to maintain to help justify the rating .Diploma is another niche ,diversified conglomerate in a similar mould.It's a great place to be in uncertain times - I don't see that ending any time soon .
Yertiz
25 Jul 2016
Re: Value ? sorry typos Likewise, Rhigos - impressed with the progress and performance, Brexit worries aside, this will only enhance Halma's SP if the £ stays at or below 1.20 Euro. Constitutes 15% of my portfolio, and until next month is currently my largest holding in any one share. Next month, this will be (New) Melrose, my second favourite company whose rights issue I will take up in full - be daft not to!
Rhigos
25 Jul 2016
Re: Value ? sorry typos Over last 20 years trend has been 10.4% pa but rate of increase in value has been improving. Much better that over the last 6 years. Management being very conservative estimating 8%, which is a good thing. I think it highly probable that the average rise over the next 3 years will be more than 16% pa.Another new all-time closing high today 
Strong buy on any dip IMO. My favourite share at the moment (though ARM now my most valuable but that is another story).
Rhigos
25 Jul 2016
Re: Value ? Over last 20 years trend has been 10.4% pa but rate of increase in value has been improving. Much better that that of the last 6 years. Management being very conservative, a good thing. I think it highly probable that the average rise over the next 3 years will be more than 16% pa.Another new all-time closing high today Strong buy on any dip IMO. My favourite share at the moment (though ARM now my most valuable but that is another story).
valuemanbuyer
03 Jul 2016
Re: Value ? @8% the management says .
Rhigos
02 Jul 2016
Re: Value ? HLMA closed on all-time closing high (same as close on Thu). Up 72.7% on SP 24 months ago. I think valuemanbuyer is being over conservative with 10% pa.Consensus of brokers have a target price on HLMA 881, -13.4% of current and a hold recommendation.Valuation indicators indicate that value at current SP has fallen. Beginning to look a bit over valued.Financial strength indicator the Piotroski score of 4 which is only an average.Just been looking at Interex (ITRX). They had a gold cross yesterday that can be a buy indication. Business looks somewhat similar to HLMA. Business very international so lots of foreign currency earnings in more solid currencies than our now devalued UKP.
valuemanbuyer
01 Jul 2016
Re: Value ? Indeed I remember that . However we aren't there yet ...but it would be foolish to sell something that grows at @ 10% per annum come what may . A global slowdown and M&A drought will be good for acquisition prices I hope. Now 5% of portfolio & growing.
survived2crashes
30 Jun 2016
Re: Value ? Long way from overpriced. I refer you to last years Chairmans statement that every subsidiary had the potential to be as big as the company was at that time!!!
valuemanbuyer
30 Jun 2016
Value ? i think its simply a function of their overseas earnings making up the bulk of their earnings in foreign currencies .Question is at what point do you say this is over-priced ???
Yertiz
29 Jun 2016
Re: Geminic Dust is settling over the Brexit vote - somewhat surprised but not shocked by the decision. I believe its the right way to go.Halma is powering ahead - as I said earlier, this is a Brexit immune company and now forging towards the £10 mark, much faster than I'd expected. Perhaps this is where the clever money is now going? I'm not complaining!
valuemanbuyer
21 Jun 2016
Re: Geminic They will lose out big style. It costs a little over £1 to charge the battery and rather more to fill up the car with petrol (even with over 60% duty). With ever increasing emissions laws oil powered electricity will decline too. They will be fighting a tsunami of disruptive change I fear .Just deciding when to exit my car related holdings before it becomes obvious to the masses .
Hardboy
20 Jun 2016
Re: Geminic VMB,The rise of electric vehicles is interesting; but when they get their batteries recharged they use electricity, much of which comes from oil or gas fired power stations. Either way the major oil companies are still providing much of the power for our cars.
valuemanbuyer
20 Jun 2016
Re: Geminic As a fellow holder of Halma and a very happy one I would caution the future of Shell ( and all big Oil for that matter ). The disruption that is actually happening now in the Auto trade will impact oil usage and no doubt oil prices over time. There is a land grab for electric car capacity going on under our noses which will affect the combustion engine like never before ( watch the Tony Sera presentation on YouTube for a taste - I wasn't a convert at all until I watched it and started to research the market ) . Remember the telephone landline ?
Yertiz
20 Jun 2016
Re: Geminic Already hold a good quantity of Shell B - should have (would have, could have....) bought more last week, and looked long and hard at Renishaw in Feb/March before adding to Melrose, Paysafe and buying UDG. Then there's the disaster of Essentra.....but that's another story.This week is going to be dramatic, whatever way the Neverendum goes. Looking highly likely the Remain campaign will win, according to the bookies, 77% chance, and not a time to be out of this market. Maybe we'll see the Euro back to 70p soon too?Good luck.
LK Hyman
20 Jun 2016
Re: Geminic Yertiz,"37 years of constant dividend increases has to be held in the highest esteem"Well, yes, but, as I said before, they started from a position of virtually diddly squat on the divi front.I'm equally impressed by Shell's record of never having cut its divi since WW2. Over 7% yield for Shell requires a lot more hard graft than 1.2% for Halma!Respect to both companies.LKH on the flybridge and to my Renishaw which is going like gangbusters tod
