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There will be a trading update early November following their busiest 8 week sale. I'm hearing that the branches are heaving with customers and I'm fully expecting double-digit growth over 2021 which will be an astonishing result. I'm adding more at this level!
I see the Fool are touting HWDN in their 5 stocks to build wealth after 50 pitch "Howden Joinery continues to defy expectations, delivering double-digit growth".
Is this still the current position with Howden?
Nothing from Mashpasher , typical .
grow up you effing pratt, you really think what is happening to howdens share price is because of what s hit you keep posting about, try having a look at most of the other companies in the uk and see what is happening to their share prices. You really are a prize brown w anker. I cant see what you think your acheiving , keep dissing and lying because you think your hard done by. No wonder ethnic minority people get slated with people like you preaching s hit.
This weeks scorecard
5 days down 42.60p Loss to investors £236 million
1 Month Down 50p Loss to investors £278 Million
6 Months Loss to investors £1.55 Billion
Since Xmas eve 2021 Loss to investors £2.41B
Here we go again Mashpash the sh it stirrer.
Good on Howdens for supporting their manager for totally false accusations by a disgruntled employee.
Now we are getting to the point . Excellent news .
On Christmas Eve last year a heart-breaking review was posted on Google’s work-related review site, Glassdoor. It documented continual, sustained, serious and degrading racial bullying by a Howdens’ middle manager. An initial comment on Glassdoor by Howdens HR department was “that this (the review) was difficult to read”. That said the abuse has since been fully defended, supported and unbelievably, encouraged by Howdens’ own legal department. This for every investors is a very troubling endorsements in days where black lives are supposed to matter! Howdens share price has dropped spectacularly, falling almost 50% since that damming review appeared.
Howdens senior managers continues to defend the indefensible. Howdens policy of sitting on their hands and protecting this despicable manager, is costing shareholders dearly. This is Howdens busiest time, a time, historically when the share price climbs.
With approximately 556 million shares in circulation, what is Howdens active support of this bully really costing investors?
Today the shares continued their decline, down 32.3p, cost to investors £180 million.
Yesterday the shares fell (of course), down 29p, cost to investors £161 million.
Since the Christmas Eve time stamp Howdens shares have plummeted, down a whopping £4.37. Today the price has dropped below £5.00. So, there you have it the true cost of racism, the true cost of defending a bully £2.43 Billion. I am certain all shareholders agree, this manager must be a very valuable and highly productive manger to be worth, to this board, that eye watering amount of money.
That is market sentiment for you, however the company is financially secure and will no doubt post any massive year of growth. Good time to buy !
Here is this week scorecard
1. 5 Days Down 7.75p
2. 1 Month Down 33.15p
3. 6 Month Down 221.55p
4. Year to date Down 379.55p
That 100’s of millions of pounds the board have lost investors just this year!!!
If I remember rightly, the only letter that exists is his written warning for keep taking unauthorised time off, while his Asian relative was ill.
Maybe Howdens needs to be emailed about this purported letter for comment and if not true wonder if they wish to consider libel proceeding about Mash and his comments!
Mashpash - either show proof of the letter or give it a rest.
Do you really expect anyone to believe that a legal department would issue a letter stating that bullying was acceptable?
Do you really expect anyone to believe that analysts missed such a significant piece of information but somehow an nonentity on a bulletin board is privy to it?
Do you really expect anyone to look at record sales and record profits as "continued poor and bad management"?
It appears that you have an agenda here - either a jealous competitor or a disgraced ex-employee?
They have taken new people on so if there was any bullying then it will be stopped.
The company will flurish in the next 5 years and so will the share price
As a nation is “allowed” to mourn the death of it’s Queen the death of it’s “grandmother” yet again Howdens shareholders are made to pay the price for bullying.
It is hard to believe looking at the record that not a single analyst this year recommended a sell of Howdens shares, not even one. Let’s look at the disastrous record:-
1. Last 5 days down 21p
2. Last month down 67p
3. Last 6 months down 255p
4. This year down 381p
The stock market misses nothing, the market understands what is going on. The market priced into the share price a letter from Howdens legal department stating that in busy times bullying (of all types) is acceptable behaviour. The true value of this letter is still to be ascertained. There has been no attempt made to retrieve this letter, no attempt made to put the situation right. Whilst shareholders continue to pay the heavy price of continued poor and bad management.
We must ask how all the analysts missed this. Some said buy as the share fell and fell and fell again, a few said hold not one predicted this mighty fall from grace. It reminds me of the movie “The Big Short” where almost everyone was looking in the wrong direction.
Nothing from Mashpasher - again . Spoof but no proof .
Nothing from Jenny either .
Nothing from Mashpasher !.
Mash Pash are you completely stupid? The market is on its ass. There’s a recession looming and there’s potentially a housing market crash. And you think some school ground bullying which is pathetic is affecting the share price. Your investment strategy and ignorance is concerning and utterly foolish.
What is the TSE100?.
Anyway get back to Wrons where you belong MB .
"His legal team send out a letter saying all forms of bullying are acceptable in busy times." I've read some nonsense on here but this really takes the biscuit. Of course, if you're privy to this information and would be willing to share then I'm sure you'll be happy to pop a link on so we can all see a copy of the letter.
If you can't then I think it's safe to say that you're a paid employee of a competitor and should be reported for the scandalous comments your making.
why dont you eff off mashpash, i suspect everybody on here is happy to be invested in howdens, all you do is keep sprouting the same old s h i t, youve obviously got a chip on your black/brown shoulder and I for one dont give two figs what your alleging.
Matthew Ingle was, without doubt, the Sir Alex Ferguson of Howdens. He built, from nothing, Howdens Joinery, he knew the team, he knew all his players.
He was personally invested in his team; he was invested in Howdens success. His team thrived and succeeded. Retirment was inevitable and well deserved.
Along comes a replacement manager, it is without doubt a hard act to follow. The culture, the ethos, the history all needing to be understood.
Small missteps from the start. His legal team send out a letter saying all forms of bullying are acceptable in busy times.
The letter is out there, left to stand, left to fester. The advocate no doubt praised, certainly defended, for her public statement.
A ****** bully, defended by "his" legal team, who does not deny his actions is allowed to go unchecked and flourish.
Shares, riding high, fall by almost 50%.
Demotion from the prestigious FTSE100.
This manager is doing well. All we need now is a vote of confidence in him to secure his continued future....
Thank you
Best of luck and a good weekend!