Headlam Share Price (HEAD)

Not long now until the next update - July1st. Hoping for positive news. Industry seems to be still going strong.
GLA

Getting close to 500p. It is really gonna suck if HEAD starts to drop so close to the finishing line. As long as it i s perm anently higher than my entry point I will feel mightily relieved I expect.

To see a large rise as investors rush to get HEAD. I would be surprised if none of them had carpet burns such is the frenzy. Cant be long before we push through 500p and I think any sellers at this price will be feeling shafted. If there is a pullback of any HEAD instead of ducking for cover I intend to grab the opportunity with both hands...

In recent updates Headlam didn't comment on current lock down restriction - if they did I missed it. In fact they seemed to infer the residential market was performing in line, albeit the early year trading is normally quiet anyway.

I understand that the Headlam's distribution channels are open to carpet fitters plying their trade, and the big DIY houses for those doing it themselves, but the closure of retail outlets must have influenced many customers to delay their purchases. Through lockdown trades-men have not been allowed into Scottish homes. This restriction is lifted on 26th April. Scotland accounts for 8% of the UK population, so not immaterial, though I don't know the extent of Headlam's presence in Scotland.

All in all, business should be back to normal shortly, perhaps with some backlog recovery.

Headlam normally provide good detail on trading in their AGM statement. This year it's 21st May.

Sounds like the industry is on the up at moment. Once April 12th kicks in should see a further surge in demand. I'd expect significant revenue increases for the 1/2 yr.
As ever dyor