sp been rising 2010 and up 14% today on better than-expected results . . . the MMs must be expecting fools to rush in...yet Sells are massivly above Buys - will it end in tears, or are Dirs buying at these highs? All rather surprising as I'd expect Kitchen-sales are all done(when money was cheap up to 2008), and if you are trying to save money - you don't splash out on something you don't need.

I mean - howden does a kitchen "wear out"? - ho - ho!

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Broker Recommendations for Howden Joinery

Stop to 366 to lock in + 30

Stopped out. Back on watch list for now re-spreads.

Lost a lot of money here today Carson, just look at that dark down candle. Must have put you out of the trade.

Better luck next time old bean.........aka Robbie Burns trainee. LOL LOL LOL

gf - Unlike yourself I don't pretend to be a super trader Mr 90%

My entry is in black and white and subsequent trailing stops to lock in profits.

This is a good company!


What is your entry on your Consort trade again etc? We will never know! FLAKE!

Seems to be some confusion here, Howden released Interim results last week 5th Nov. Next update according to last paragraph below is in Febuary. Yet MAM diary states a Trading Statement this Thursday?
News

05/11/14
Interim Management Statement

Howden Joinery Group Plc ('the Group') is today publishing its Interim Management Statement covering the period from the end of the first half of the year (14th June 2014) to date.

The Board is pleased to report that the Group has seen a good sales performance throughout the second half of the year, including during the important October trading period (period 11).

As a result of this, we now expect profit before tax for the year to be above the range of market expectations Note 1. However, it should be noted that the two remaining trading periods together typically account for over 10% of annual revenues.

Trading

Howden Joinery UK depots' total revenue in the second half of the year to 1 November (periods 7 to 11) increased by 16.2%. This was achieved in the face of toughening comparators that have been seen since the start of the second half of the year. As a result, in the first 11 periods (44 weeks) of 2014, ending 1st November, total revenue was up 14.1%, rising 10.6% on a same depot basis.

Gross margin performance has been in line with expectations.

Business developments

Since we released our 2014 Half Yearly Report in July, we have continued to make good progress in a number of areas of the business:

Depot openings: we have opened 4 new depots, resulting in 21 new depots in the UK so far this year and bringing the total to 580. We are on course to open 30 new depots as expected in the whole of 2014.
New product development: we have recently commenced a trial that enables us to sell granite worktops from stock in a very small number of depots - initial feedback has been encouraging.
Legacy properties: the lease of one legacy property has been terminated, at a cost of £3m. With one lease having expired in May, this means that there are six legacy properties remaining, with net annual rent and rates of less than £1 million.
Pension scheme funding

In an announcement made in June 2012, the Group gave details of the agreement with the trustees of the Group's defined benefit pension scheme in relation to the schedule of payments towards the scheme's deficit for the three years ending 5 April 2015. In line with the agreement, we now expect to make an additional one-off payment for the current pension year of £10m, which will be paid in 2015.

There have been no other material changes to the financial position of the Group in the period save as a result of the usual impact of the level of trading and those other matters disclosed above.

Note 1: The range of analyst expectations for profit before tax and exceptional items from continuing operations for 2014 is believed to be £161m to £172m.

Next scheduled announcement

The Group will release its 2014 Preliminary Results on 26 February 2015.

Chris - Financial Calendar

Financial calendar

2014
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21 November2014 Interim dividend payment date
27 DecemberEnd of financial year
2015
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26 February2014 Preliminary Results
30 AprilInterim Management Statement
23 JulyHalf-Yearly Report
12 NovemberInterim Management Statement
26 DecemberEnd of financial year

skinny - 2014 according to financial calendar doesn't mention a trading statement on Thursday that's my point :0)

If in doubt - go to the horses mouth! :-)

Well that's a good point I'll give them a bell.

Spoken to Gary Rawson. Trading statement was due this thursday but because results were so positive the above Interim Statement was issued on the 5th.

My strategy FWIW was to wait for profit taking to kick in (happened on friday) possibility of gap from spike to close on chart and then go back in long with another spread bet.

In the meantime have left a limit long @ 372.50. See what happens :0)

I have one in @345p.

Sounds like a plan, that is roundaboutish where gap would be closed.

Berenberg Buy 375.85 420.00 445.00 Reiterates

Breakout within touching distance.

Breakout within touching distance.

Did break out intraday yesterday only to fall back. See what happens on Monday for a second attempt or not. Stop to entry.

Stop to 382.5 to lock in + 10 needs a volume injection.