Halma
Is this an opportunity to take a position ahead of the results?
Halma reports results on Tues, 20 November
- The chart shows the price movement last time Halma reported: Trading Update, 27 September.
- Shares opened +3p (+0.2%), fell as low as -7p (-0.5%, low of the day) and moved as high as +39p (+2.8%)
- The shares closed +36p (+2.5%) for a daily range of 46p or 3.2%.
- Shares -11.3% from 2018 highs; +17.6% from 2018 lows; +6% year-to-date.
- Recent share price range: Nov lows 1286p; Nov highs 1388p. Currently 1336p (at time of writing).
- Halma specialises in manufacturing life protection equipment.
- Halma publishes Half-year Results on Tues, 20 Nov.
- Will we see another big move?
- Source: Bloomberg, FT, Reuters, DJ Newswires
Trading Halma – An Example
Let’s say you think that Halma results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Halma using CFDs, at the current price of 1336p. To do this, you need £2,000.
For the purpose of this example, let’s assume Halma reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.
Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Halma results miss, it falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.