sageii
08 Sep 2017
totally agree Db talking borr ocks HSBC imo has been better informed..
Lupo di mare
08 Sep 2017
Deutsche Bank Got a sell rec on this, today, with a target of 295p.Now I've no doubt that DB have researched HFD, but just why do they value it at 295p. At that price, they're assuming that the divi is safe, because if it weren't, the sp would be much, much lower. So are they saying that a 5.5% ish yield is not attractive enough to carry HFD through any downturn? In any case, seems to me that HFD do reasonably well in a downturn - cars get repaired rather than replaced and some folk take to bikes.Liberum Capital says Hold with target of 340p, and N+1 Singer says Buy with target of 400p.Add them all together and divide by 3 and we've got a target of 345p. That'll be ok then.
Lupo di mare
05 Sep 2017
Re: Trading update Not a word about the replacement for J.McD. Guess that the market's waiting for that before getting stuck into the shares.
Lupo di mare
05 Sep 2017
Trading update Mixed bag, as usual, but good progress.Against 2016 update, LfL:Autocentres down, as expected, but margins up.Retail +2.3 (+1.1)Motoring +2.3 (+0.6)Car Maintenance +2.8 (+1.7)Car Enhancement -2.6 (-3.8)Travel Solutions +8.2 (+4.9)Cycling +5.2 (+1.9)Currency headwinds as expected.Good enough f
Gooffy
03 Sep 2017
Re: 27p divi Then again someone posting old results!!!!!Update due tuesday.7 hour delay at airport is my excuse
Gooffy
03 Sep 2017
27p divi Thats a good divi nearly as much as Earnings per share.No idea what the price will do Monday??Down but divi income covers it and more
Lupo di mare
22 Aug 2017
Added Couldn't resist adding to my holding today, depite some 4% short sold. Fingers crossed, as always.
Lupo di mare
25 May 2017
Results [link] like they're mitigating currency movements, to a degree, and cashflow's still good. Debt has increased, but not as much as would be accounted for by acquisitions and SD.Still got to read further, but thought I'd post the link as it wasn't on InvestEgate company announcements.
Dark Helmet
20 May 2017
Customer service They say you can judge how good a company is by how it responds to a problem.Having booked my car in with Halfords for its MOT, as I have for the past few years, I turned up on Thursday to be told they couldn’t do it because some piece of equipment needed repaired. I was told I would be contacted as soon as it was and I would be a priority as my MOT expired next day.I was then contacted on Saturday to be offered an appointment the next Friday. It turns out that despite the equipment breakdown and the resulting backlog there is no MOT tester at work on a Saturday and no arrangements whatsoever had been made to deal with the situation – such as getting staff to work overtime, arranging to use someone else’s equipment, booking customers into an alternative tester etc. Instead I was told I can get a refund if waiting another week was no good for me.Well in fact it isn’t any good for me, and clearly Halfords has no interest in good customer service.
Lupo di mare
03 May 2017
Re: McDonald Is her departure going to be bad news for HFD?I doubt it: any existing bad news would come out before she leaves; systems are all in place and just require a different leader.So on your bike Jill - it had to be said.
Lupo di mare
03 May 2017
McDonald You look after your own interests, my girl. She must be good if MKS are willing/happy to take her on with her recent flighty record."We all look forward to continuing to work with her over the next few months and she will leave with our best wishes for the future."Yeah, right.
II Editor
12 Apr 2017
NEW ARTICLE: 10 stocks that could offer protection from market volatility "Stockmarket volatility has dropped to historically low levels recently. While political events in the UK and US caused brief spasms in prices last year, the general trend has been calm. Against this backdrop equity prices have been rising nicely, ..."[link]
lastminute-world
07 Apr 2017
SHORTS DATA hxxp://shorttracker.co.uk/company/GB0031274896/allBetting Against U.K. Retailers Hits 2-Year High Amid Brexit Jitters06/04/2017 12:45pmDow Jones NewsMarks & Spencer (LSE:MKS)Intraday Stock ChartToday : Friday 7 April 2017Philip WallerLONDON--Betting against U.K. retail stocks has hit a two-year high as investors fret about the potential impact on the sector of a "hard Brexit", a study released Thursday showed.Grocers including Ocado Group PLC (OCDO.LN), Wm Morrison Supermarkets PLC (MRW.LN) and J Sainsbury PLC (SBRY.LN) hold the top three places respectively in a list of the most-heavily shorted stocks in the sector compiled by research group IHS Markit.Marks & Spencer Group PLC (MKS.LN), Halfords Group PLC (HFD.LN), Sports Direct International PLC (SPD.LN) and Pets at Home Group PLC (PETS.LN) have also been targets of short-selling, in which investors bet on a downward movement in shares by borrowing and selling them in the hope of buying them back at a profit later.Online grocer Ocado is also the third most-shorted stock in the FTSE350 Index as a whole, with more than 15% of its shares out on loan.Investors keen to hedge against uncertainty caused by the U.K.'s vote to leave the EU have been shorting UK stocks with a heavy domestic revenue profile since the middle of last year, IHS Markit said.Shorting of retailers, many of which get most or all of their earnings from the U.K. market, has surged in the last few weeks as Britain has triggered Article 50, the EU's mechanism by which an existing member leaves the bloc.The bets now represent 3.3% of the total shares of the 43 retailers in IHS Markit's study, the highest average for the sector in more than two years.IHS Markit analyst Simon Colvin said a growing number of disputes related to the U.K.'s EU exit, such as last week's row over the sovereignty of British overseas territory Gibraltar, risks a so-called "hard Brexit", in which the U.K. would quit the EU without a trade deal after the official two-year negotiating period."Such an outcome could leave retailers paying more for imported goods, owing to both tariffs and a falling pound, while potentially limiting their access to the foreign staff who play an important role in the U.K.'s service industry," Mr Colvin said.While supermarkets have been shorted for a while due to competition from discounters, more bearish sentiment towards clothing and sport goods retailers in the last few weeks indicates the market is steeling itself for a slowdown in non-essential spending, he added.Short interest in M&S has more than doubled in the year to date to 9% of shares outstanding, while shorting of Sports Direct and Pets at Home has climbed by more than a third since the start of the year.Write to Philip Waller at [email protected](END) Dow Jones NewswiresApril 06, 2017 07:30 ET (11:30 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.Please do your own research.
Lupo di mare
18 Mar 2017
Re: Peel Hunt I'm not too impressed by PH's analysis, not because I just want to hear good news about Halford (I'd drop it in a flash if I thought that it was a poor investment), but because it leaves out positives and uses some odd arguments.For example, "It argued that rising oil prices mean fewer miles driven and less depreciation, which is bad news for car maintenance as weFit momentum wanes."Well prices haven't risen by much and I very much doubt that the small rise has affected miles driven at all, not that I'm an expert, it just seems illogical. On the other hand, if prices do rise significantly, it could be argued that that would lead to an increase in cycle use.The government's aim is to double cycling activity in the UK by 2025; although I'm not convinced that their heart's in it.Here are some statistics that indicate the opportunity for growth. "According to a survey by the European Commission, only 4% of UK respondents cycle daily. Along with Luxembourg and Spain, this is the lowest percentage of all EU 28 countries, except for Cyprus (2%) and Malta (1%). In contrast, the survey report says: “Approximately four in ten respondents in the Netherlands (43%) cycle daily. Roughly three in ten respondents in Denmark (30%) and Finland (28%) also cycle daily.”In the UK, only about 1-3% of children cycles to school, but in the Netherlands, around 49% of primary school children cycle to and from school, 37% walk and only 14% are brought and collected by car. In secondary school, the cycling share is even higher. (Source: Ministerie van Verkeer en Waterstaat, Fietsberaad. Cycling in the Netherlands. 2009)."I have no idea why they felt the need to come out with that note. It could be that there's more that we haven't been able to view. I'm still not convinced by the reasoning for the SD, and coupled with PH talking the sp down, I wonder if there's a bidder in the wings. May be just wishful thinking, but HFD do seem to be able to churn out the cash - always attractive.
Gooffy
28 Feb 2017
Re: Peel Hunt I wonder if they spoke to management about there visit and downgrade on that basis?Its probably a trial store so if sales don't increase it won't be adopted.My special divi was a surprise, only have a few but might top up on weakness, there autocentres are very professional,
