Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to OLTB,Cornytiv34,Blatter,eyeball08,ADrunkenMarcus, for Donating to support the site

Halma interims

General discussions about growth strategies which focus primarily on investing for capital growth
77ss
Lemon Slice
Posts: 863
Joined: November 4th, 2016, 10:42 am
Has thanked: 44 times
Been thanked: 159 times

Halma interims

#265342

Postby 77ss » November 19th, 2019, 10:11 am

This board doesn't seem to be getting much attention. Personally I might be more interested in a Total Return board.

However, I think Halma qualifies as a growth share. Sub 1% yield and capital growth of 55% so far this calendar year.

Today's interims looked good to me, and the market seems to agree (up 11% so far today).

https://www.investegate.co.uk/halma-plc ... 00068162T/

I keep having to pinch myself with this share - can its fine run continue? The underlying approach of many small
bolt-ons is interesting - no dangerous nonsense with 'transformative' deals. I am wondering whether other companies which grow in the same way might be worth looking at.

Bouleversee
Lemon Quarter
Posts: 2506
Joined: November 8th, 2016, 5:01 pm
Has thanked: 501 times
Been thanked: 351 times

Re: Halma interims

#265465

Postby Bouleversee » November 19th, 2019, 2:39 pm

One of the companies I had thought of buying but never got round to doing so. Pity. Probably too late now.

JamesMuenchen
Lemon Slice
Posts: 555
Joined: November 4th, 2016, 9:05 pm
Has thanked: 55 times
Been thanked: 56 times

Re: Halma interims

#265494

Postby JamesMuenchen » November 19th, 2019, 4:08 pm

Bouleversee wrote:One of the companies I had thought of buying but never got round to doing so. Pity. Probably too late now.

I first bought into it after a write-up by ValueMargin (IIRC) on TMF listing companies with long records of high CAGR, he listed HLMA as averaging 17.2% CAGR 1969-2012. Since then the SP has quadrupled or so.

It is never too late.

torata
2 Lemon pips
Posts: 233
Joined: November 5th, 2016, 1:25 am
Has thanked: 76 times
Been thanked: 71 times

Re: Halma interims

#265638

Postby torata » November 20th, 2019, 5:01 am

JamesMuenchen wrote:
Bouleversee wrote:One of the companies I had thought of buying but never got round to doing so. Pity. Probably too late now.

I first bought into it after a write-up by ValueMargin (IIRC) on TMF listing companies with long records of high CAGR, he listed HLMA as averaging 17.2% CAGR 1969-2012. Since then the SP has quadrupled or so.

It is never too late.


Although FT Lex is not positive at the moment, with it being on a multiple of 36 compared to average of 24 over the last 5 years.

torata

Google: "Halma: health warning"

77ss
Lemon Slice
Posts: 863
Joined: November 4th, 2016, 10:42 am
Has thanked: 44 times
Been thanked: 159 times

Re: Halma interims

#265809

Postby 77ss » November 20th, 2019, 3:32 pm

torata wrote:
JamesMuenchen wrote:
Bouleversee wrote:One of the companies I had thought of buying but never got round to doing so. Pity. Probably too late now.

I first bought into it after a write-up by ValueMargin (IIRC) on TMF listing companies with long records of high CAGR, he listed HLMA as averaging 17.2% CAGR 1969-2012. Since then the SP has quadrupled or so.

It is never too late.


Although FT Lex is not positive at the moment, with it being on a multiple of 36 compared to average of 24 over the last 5 years.

torata

Google: "Halma: health warning"


On the other hand, today's Tempus says BUY!

https://www.thetimes.co.uk/article/halm ... -pwgmt66p3

Behind a pay wall I expect - like FT Lex.

The Tempus article gives an overview of the business, providing a starting point for those thinking about the company.

Personally, I share the 'never too late' attitude of JamesMuenchen

DYOR of course.

webbm00
Posts: 14
Joined: October 4th, 2019, 2:07 pm
Has thanked: 4 times
Been thanked: 1 time

Re: Halma interims

#272576

Postby webbm00 » December 20th, 2019, 1:58 pm

God I haven't seen a post on Halma in a while. It's just a well run company that doesn't set the world alight but keeps churning out the profits

I bought in 2003 with the note "Safe moderate yield, moderate growth, history of increasing divis forever" but the yield didn't keep up with share price growth. I took my HYP hat off and topped up 2017 as a GARP share. I think it was a bit of a "regret not buying more in 2003" purchase as I kept looking at it hoping it's yield would improve. As its nearly doubled from 2017 and up 20 times my original purchase price I can't complain about my little bit of value investing

johnstevens77
2 Lemon pips
Posts: 233
Joined: November 9th, 2016, 6:14 pm
Has thanked: 154 times
Been thanked: 71 times

Re: Halma interims

#273794

Postby johnstevens77 » December 28th, 2019, 9:54 pm

I bought in 2002 @117p following a post on TMF. Price today is 2163p. I now top slice regularly up to my CGT limit to reinvest in my HYP or income ITs. The way that the price keeps on going up, it would be a few years before I managed to sell them all even if I wanted to. We live on our state pensions and the income from our HYP. I worked overseas until 2008 so Halma was for a long time in certified form, i.e. unsheltered and bed and spousing has been using high yield shares to minimise income tax, leaving Halma to do it's own thing.

john


Return to “Growth Strategies”

Who is online

Users browsing this forum: No registered users and 0 guests