Halfords Takeover Rumours (HFD)

I don't think these will perform well for at least a year but there is takeover potential you might get rewarded there. Otherwise this is a tuck away job

Does anyone think they may be hiding that most extraordinary expensive takeover of National Tires lock stock and barrel by accounting trickery? Could this be the reason for never-ending profit warnings?

Thanks Maximus57 and ArgyleRich Well I decided to dip my toe in for some today. This will inevitably be higher than this at some point and I'd be happy for 10% tbh. The business is robust and even the odd rumour of a takeover could bump it up quickly. I'm prepared it may go lower in the short term but I'm not about trying to call a bottom. Anything below £2 should be a safe bet. Just my opinion.

Looks like the takeover will be back in play after the golden quarter.Gonna have renegotiate the price obviously.??