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Halfords Share Discussion Threads
Showing 3351 to 3375 of 3375 messages
|Large jump in volume today|
|I hear trading is going well at Halfords this early easter and good weather of late im sure will have had a positive impact on revenues.Im betting there off to a good start for this financial year!Long term value here.|
|The americans have increased thier stake here?|
Betting Against U.K. Retailers Hits 2-Year High Amid Brexit Jitters
Dow Jones News
Marks & Spencer (LSE:MKS)
Intraday Stock Chart
Today : Friday 7 April 2017
By Philip Waller
LONDON--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 firstname.lastname@example.org
(END) Dow Jones Newswires
April 06, 2017 07:30 ET (11:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Please do your own research.|
|Disappointing end to the day....|
|Im expecting a continued recovery here.|
|Prelims due 25th May so a while before news!|
|When are the nets set of results due!?Anyone?|
death by donut
|Death... wheres the store of the future?|
|I wonder if their 'store of the future' , has embraced the new tech that is around?
Take zwift for eg , a popular indoor riding app/game as I understand it. Wonder if HFD
could rig it up in store , maybe highlight a different bike on it monthly say?
death by donut
|Peel Hunt were wrong over Halfords 3 Quarter trading.|
|Peel Hunt downgrade from 350p to 325p has hammered this today.|
|Good institutional support has slso increased here....follow the money.|
|Im back in here long.3.58.I feel this is going to be a recovery play from here on in.Its good so see they have given Emma Fox the commercial Director the boot.She was just giving margin away.Jill appears to be sweeping clean and seems serious about profits and increasing margins.The weather since Jan has been ideal Halfords weather and imo i'll wager LFL will have contined to grow.This stock is undervalued.|
|Great results!Just look at them compared to peers!They seem to have smashed out of the ball park in terms of LFL growth!|
|nice t/s today...and a special divi|
|All on the report tomorrow morning ????|
|I see Artemis have just picked up another 485k shares here.Now holding 11%?We may just get a pleasant surprise , I think they announce Thursday morning!|
|Toffee...Hi dude!Now here at HFD, I'm not so sure how trading went this Xmas.But if they are above minus 0.4% LFL in stores they have beaten NXT?It appears that the margins have not been given away as they were in summer with 20% off all bikes and also a nice cold spell speared a week before Xmas too.I think the new retail director Ian Carter has a great challenge ahead of him going into 2017, but hopefully he will earn his stripes?HFD have a habit of surprising at the wrong times, do I am long here since Friday now waiting.Opened up £3.47 stop loss 3.25.This has a habit of always rising before result day?|
|Looks like a good opportunity to buy if you ask me. Not long before the update.....|
|Manics I've been short on NXT for months and had a big payout today.I need to see the next set of results here..... I'm not a fan of the CEO and IMO she is using up her 9 lives fast.If the results disappoint then it's time to short this.|