II Editor
09 Dec 2015
NEW ARTICLE: Top 10 contrarian share trades right now "A contrarian strategy for buying quality shares at cheap pricesWhen markets slumped this summer, highly-respected fund manager Neil Woodford said it was an opening to look for opportunities where the falls had been heaviest. While others were ..."[link]
Ripley94
08 Dec 2015
Re: back in topped.
II Editor
12 Nov 2015
NEW ARTICLE: Halfords slams brakes on profit growth " LSE:HFD:Halfords has emerged from three years of investment a stronger business operating in lucrative markets. It is, but the bikes-to-car parts chain admits "the job is not yet done". That's more than evident, following another slump in the ..."[link]
Ripley94
07 Sep 2015
back in Today
contrasena
02 Sep 2015
Re: What bad weather? Topped up this morning. Bikes will be back! Great company.
Lupo di mare
02 Sep 2015
Re: What bad weather? Misty - I'd say that you're a tad late with your 'sell' recommendation. The signs were there in July, and then would have been the time to sell. True, there are probably better investments elsewhere, but a well spread portfolio is a must - as I'm sure you're aware: you never know what's around the corner.HFD's seems to be able to churn out the cash, and it has been reducing debt quite successfully. Assuming that that situation continues, HFD has enough value for me to consider it a 'hold'. But each to their own.
Misty Creamybib
02 Sep 2015
What bad weather? "Typically awful British summer weather has sent sales of bikes at Halfords (HFD) crashing during the past eight weeks, and the firm has warned that second-quarter cycling sales will miss expectations. The car parts chain said the rain had deterred the casual cyclist, but also blamed heavy discounting by rivals and tough comparatives with last year."This statement is very worrying unless I have happened to be in the right part of the country at the right time. The weather across the UK has been hit and miss with the odd rain showers but I hear no stories of massive floods or prolonged rain. As far as I can see someone planning a cycling holiday could have enjoyed a couple of rain free weeks at many prime UK locations. To use this excuse makes things worse!!This of course leaves the other part of the statement which means the margins are lost permanently.From digitallook we have a forward P/E of 13.8 based on concensus estimates before this announcement. That doesn't look horrendously overpriced but it doesn't look cheap either. I feel there are better bargains to be had and this weak statement doesn't fill me with joy either.MCB
Bobtheretiredbroker
02 Sep 2015
Re: Update I believe companies are now under much greater pressure from the LSE to notify shareholders as soon as there is any material change in trading conditions, good or bad.
Lupo di mare
02 Sep 2015
Re: Update The brakes were firmly on on cycling; let's hope that the actions they intend taking work.Cycling makes up some 34% of Retail revenues; Car Maintenenance 32%; Car Enhancement 22%, and Travel 12%. With Car Maintenance motoring ahead, Car Enhancement doing well, all is not gloom.Interesting that there was no real update on Autocentres.But why the Update? We had one just a couple of months ago, and last year there wasn't one at this time.
Lupo di mare
15 Jul 2015
Update Growth slowing down, folks.7/2014 - Retail + 7.9Auto + 4.3Group + 7.97/2015Retail + 3.5Auto + 4.0Group + 3.6Brakes have come on on cycling, as well. Doesn't mean to say that it's a rubbish business, but I reckon it's not worth its present rating. I've taken some profits.
albent
05 Apr 2015
Halfords Group looking undervalued? Infographic for Halfords Group (LSE:HFD): [link]
Lupo di mare
23 Mar 2015
CEO Sounds like she has good credentials; although she doesn't look as if she cycles much.Wonder of she'll change her name to Jill Halford...
Lenfant
06 Mar 2015
Broker recommendations One 'Buy' and one retain broker recommendation for Halfords. Once a new CEO has been announced, I believe the SP should travel comfortably north.Fingers Crossed.
nk1999
23 Jan 2015
Liberum "Halfords tipped as top retail recovery playLiberum has named Halfords (HFD) its favourite recovery play in the retail sector and the recent share price fall is a good entry point.Liberum analyst Tom Gadsby has reiterated his ‘buy’ recommendation and target price of 600p. The shares rose 0.6% to 443.2p yesterday.‘Strong sales growth in retail across cycling and car maintenance as well as in autocentres is likely to see consensus full year profit before tax forecasts nudge up,’ he said. ‘Halfords is our favoured recovery play in the sector. Investment in stores and staff gives the company an edge over online competition leading to margin resilience.‘A well-established strategy is unlikely to suffer after the departure of the chief executive but the fall in the share price since that announcement offers an attractive entry point into the stock.’"From Citywire.
contrasena
08 Jan 2015
to-days drop Surely a "no-brainer" buy at this price two weeks before trading up-date on 21-Jan.Have'nt seen any adverse comments and guess drop relates to departure of Chief Exec. Mat Davies to TSCO. Hope I haven't missed anything as just "topped up" + 15%.Here's hoping!C
