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!

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.

On a mission today, breakout. Stop to 392.5

Stop to 402.5

Profit taking kicked in this morning. Left a Limit Buy on the spreads @ 406p

Just joined you here Casey Carson, F Greece and its problems, SANTA is coming to town. Consolidation after 2 down days, back for a go at the top and a new upleg coming.

Trading Statement

Howden Joinery Group Plc ('the Group') is today issuing an update on trading for the year.

The Board is pleased to report that the good trading performance seen in 2014 until the end of period 11 (as reported on 5 November 2014) continued for the remainder of the year.

As a result, it is expected that profit before tax for 2014 will be above the range of market expectations 1.

Trading

Total sales from Howden Joinery UK depots for 2014 of approximately £1070m (2013: £940.7m) were up 14%, rising 11% on a same depot basis.

The Group has also seen good performance on other key measures, including gross margin.

Business developments

Our new depots continue to perform well, 30 depots having opened in the UK during 2014, bringing the total to 589. In addition, we have recently opened two depots in Belgium.

Note 1: The range of analyst expectations for profit before tax and exceptional items from continuing operations for 2014 is believed to be £172m to £179m.

Next scheduled announcement

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

LATEST BROKER VIEWS

Date Broker New target Recomm.
9 Jan Jefferies... 280.00 Underperform
8 Jan Liberum Capital 440.00 Buy
8 Jan Numis 465.00 Add
8 Jan N+1 Singer 435.00 Hold
8 Jan JP Morgan... 470.00 Overweight
8 Jan N+1 Singer 415.00 Buy
12 Dec Liberum Capital 440.00 Buy
10 Dec Liberum Capital 440.00 Buy
5 Dec Citigroup 385.00 Neutral
2 Dec N+1 Singer 415.00 Buy
Broker Recommendations for Howden Joinery



That downgrade by Jeffries seems a wee bit harsh. Watching.