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I’m astounded. CEO Brewer, Chairman Waldron, and CFO Wilson each bought around £200k in shares at 393p on 13th or 14th May.

Then today, the 15th May, Headlam (HEAD, 396p) announce Interim results. I’m not a regulator or a lawyer, but shouldn’t these guys wait until after the results before buying shares?

Enough said.

Floor coverings, mostly UK, sales up like for like, margin up, positive outlook – IN FLOOR COVERINGS !!

Directors have added to existing positions in Headlam by between 11% and 16%.  Not huge, but worth noting. The £200k cost to each of them though is significant.

Headlam is a tiddler covered by only a couple of brokers, so I think the signal generated by director buying is significant.