Diploma has broken out of a bullish triangle formation over the last 48 hours. Had a long opened friday afternoon.




Hopefully looking for 300p pretty quickly.

DPLM Diploma

Some solid Broker backing behind
this stock.

On a forward P/E of just over 13
to 2013, very cheap.

Diploma PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
30-04-12 BUY 51.50 32.00 13.00 54.00 33.80 14.00
Shore Capital
27-04-12 HOLD 52.10 32.90 13.00 54.70 34.50 14.00
Westhouse Securities
26-04-12 BUY
Numis Securities Ltd
26-03-12 ADD 52.00 32.70 13.00 55.70 34.40 14.00
Investec Securities [R]
07-12-11 BUY 46.24 27.91 13.50 48.68 29.38 14.85

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 51.67 32.37 13.02 54.56 34.06 14.03

1 Month Change 0.04 0.03 -0.00 0.03 0.03 -0.01
3 Month Change -7.64 2.60 0.33 -8.47 2.79 0.42


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 64.21% 33.40% 5.23%
DPS 19.75% 34.20% 7.77%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £46.70m £53.48m £55.89m
EBIT £40.10m £52.60m £56.10m
Dividend Yield 2.11% 2.83% 3.05%
Dividend Cover 2.50x 2.49x 2.43x
PER 18.98x 14.23x 13.52x
PEG 0.30f 0.43f 2.59f
Net Asset Value PS 43.27p p p