zanshin
10 Jan 2019
It`s brilliant price imo Touched 200 today on disappointing Q3 trading update before slight bounce back. Management hopes to maintain divi, which at current price of 220 gives yield around 8.3%, so might be a good time to make my first purchase.
Ripley94
27 Sep 2018
It`s brilliant price imo HFD… XXXX Looks like this is at new lows
Clitheroekid
09 Jul 2018
Daily Mail tip I don’t know if anyone still reads these boards - I rarely do, as there’s no way of knowing if there have been any new posts without clicking on the `discuss’ button, which I can’t be bothered doing for every stock I hold. Anyway, for those who missed it there was a fairly bullish feature in the Mail at the weekend - [link] Having said that, Halfords shares are up by a mighty 2p at the time of writing, so it would seem nobody pays much attention to the Mail’s view anyway!
Heorot
25 May 2018
Re: Finals I thought the market had oversold Halfords so I put in a buy order overnight to double my holding. This morning I found that I had bought (including stamp duty & commission) @ 329.5. Current price 334.4. I tend to buy for the long term & dividend, which at 5.54% is better than what you get in a bank. My original investment was back in Sept 2016.
hairyhelmet
24 May 2018
Re: Finals Finals weren`t great. Nothing to worry about though. Shares are back to where they probably should have been. Divi is safe and cash flow will remain positive. This is a strong business, in a growth area. I like that it has staff to fit stuff because you can just roll up and get the little jobs done - pronto style. I am always happy to invest in a business that I can use and appreciate. Hold for long term and will top up further during any weakness.HH
FRTEB
24 May 2018
Re: Finals Lupo, I agree with you - I can't see that the divi is under threat.
Lupo di mare
23 May 2018
Re: Finals No, I just don't see the divi as being under threat. Any contrary views?
Lupo di mare
23 May 2018
Re: Finals Here's what HL has to say about the results:-"With a new CEO, new CFO and new Chairman, some sort of shakeup at Halfords was always on the cards. New man Graham Stapleton doesn't provide a full update until September, but early signs suggest he's opted for more of the same - investing in services and taking the hit on margins to keep prices low. The extra cost and lack of margin recovery took the market by surprise, knocking the shares at the full year, but long-term we still think it's the right approach. Halfords has to compete with online rivals if it's to be a success, and it's the group's ability to deliver face-to-face service and expertise that sets it apart. Nearly 42% of bulb, blade and battery sales were fitted to customers' cars last year. An increasingly skilled workforce means service related sales like this are rising, up 14.2% in 2017/18, and long-term that should allow the group to charge a premium to online rivals. The fact 85% of Halfords' growing online sales are being picked up in store also bodes well. Online sales are complementing physical stores rather than cannibalising them, and an online shop which can deliver real world service offers the best of both worlds.The autocentres business has delivered some steady growth in recent years, and new openings continue to boost profits. But it's a side show really, and retail remains the main event.A healthy balance sheet and plenty of free cash flow means the prospective yield of 4.6% shouldn't be under threat. But Stapleton wouldn't be the first new CEO to slash the dividend in favour of investing in growth. We'll have to wait for September to find out exactly what the future holds for Halfords."Should I rethink my belief that the divi's secure? Have to look at it again, but I can't think what investment would warrant a cut in the dividend J.McD didn't believe that it could be cut in favour of increased investment, or she wouldn't have paid us that extra £20m. I know, I do go on about it, but it narked me.
shabby 2 sox
22 May 2018
Re: Finals Thank's Lupo. SD - should have worked that one out myself. I guess it was the term 'dished out' that made me put 2 and 2 together to make 3.
Lupo di mare
22 May 2018
Re: Finals Regarding dividend sustainability, cashflow is good and the divi is not under any threat.
Lupo di mare
22 May 2018
Re: Finals Hi Shabby - SD = Special Dividend of £20m. Don't recall that she said anything controversial.
II Editor
22 May 2018
NEW ARTICLE: Wheels come off at plunging Halfords "Fortunately for LSE:HFD:Halfords and those income investors attracted by the company's 5% dividend yield, there are plenty of us on the road in need of help fitting bulbs, blades and batteries to our cars.Targeting these do-it-for-me customers, ..."[link]
shabby 2 sox
22 May 2018
Re: Finals Lupo,'I really don't know what McD was thinking of when she dished out that SD just prior to moving on'.What's SD a reference to? I cannot find anything controversial that she may have said?It seems HFD have gone from a Chairman to a Non Executive Chairman in Keith Williams but he seems to have a good pedigree. Not sure I mind if this is significant as the new CEO seems to have something about him and should be given the opportunities to make his mark. On the other hand HFD make a big deal of good corporate governance on their website. Also worth mentioning is that Johnny Mason the outgoing CFO is moving to Dixon's Carphone from whence Graham Stapleton hailed. Hopefully more to do with good governance than revolving corporate doors.As to result's, apart from the divi, there is always the feeling that HFD are more likely to disappoint than power forward. Guess that's brick's and mortar retail for you. I would also like to look more closely at how sustainable the dividend is going forward.
Lupo di mare
22 May 2018
Re: Finals Slightly harsh initial market response, I'd say.HFD is never going to set the world alight, but there are opportunities there as the new CEO says. Be interesting to here what further he has to say about that in September. Sounds like there could be some more advertising of bbb fitting service. Meanwhile there's a nice divi. I really don't know what McD was thinking of when she dished out that SD just prior to moving on; it certainly constrains HFDs investment opportunites.Quite like the sound of the new CEO - straight talking and no BS. I'm holding after having flogged some recently.
hairyhelmet
22 May 2018
Finals Steady as she goes seems to be the message. Nothing stellar. The margins have not improved as well as some may have hoped. The share price is taking a bit of a beating as I type. I would put this down to the poor outlook for the group next year. Shall be topping up in the near future as its still a decent business.HH
