Halfords Share Discussion Threads

[gswredland] 01/11/2019 09:05

On the sidelines- chart looks horrendous

[technowiz] 01/11/2019 08:50

shocking drop at the open down to 153/154. added 5000 at 155.5p

[rathean] 01/11/2019 08:35

Taken a small punt with 3000 shares at 154. Looks oversold although risk of knife dropping further. Should see a recovery to circa 170 in the near term imo dyor ofc.

[stupmy] 31/10/2019 16:23

I had a limit buy at 158. That just triggered so I'm back to where I was as far as position size is concerned, before I sold 75% at 176. I'm looking at the chart, obviously there's a potential support around 155.5-157. I guess my rationale (I didn't write this one down) for the limit at 158 was based on spread and the hope that the support would hold and that it would represent a double bottom, with a prospecive 'W' pattern. We'll see.

[stupmy] 31/10/2019 08:13

177 would already be great. I have restistance around 178-179, after that 191/192 (gap closure), then some serious upside if it were to continue. To infinity and beyond!! Let's hope there's no bad news on the 7th.

[technowiz] 30/10/2019 21:54

SP very close to Lower Bollinger Band. good upside if 177p breaks. who knows maybe before year end. but no bullish trend at the moment.

[argylerich] 30/10/2019 16:17

Back in at 161.2, all this rain has got to be good for wiper blades ;-)

[stupmy] 30/10/2019 16:07

I'm hovering over the buy button at 160.9. Spread has come right in. Volume remains low, but selling seems to be slowing. Done it, another tranche at 161.1. Maybe a bit early, as I don't have a buy signal, just signs that it might turn.

[technowiz] 30/10/2019 15:45

i'm back in stupmy at 160.50p last held in January. so its been a long wait!

[stupmy] 30/10/2019 10:42

My limit buy triggered so I've added 30% of what I dropped at 176ish for 163.5. Interim results on the 7th November. Obviously bad news there will make 163.5 look pricey. Management have tried to give us the impression that there should not be any bad news or surprises, but one never knows. I'll be watching now to potentially enter manually the rest of what I dropped. Holding over news is a straight gamble. A change in divi is possible.

[stupmy] 25/10/2019 14:41

that was supposed to read 'now hoping for' not 'not hoping for', price currently down to 166.5 area. I'm actually hoping for it to touch or exceed 161.5. I've set one limit buy (30% of what I sold) at an appropriate level. I'm hoping to be in the office if/when the next buy signal is thrown off, at which time I'd be tempted to replace all of the position that I sold at 176.

[stupmy] 23/10/2019 16:36

I added in the low 160's and today have dumped 3/4 at just over 176. I was able to take a profit and remove a less good entry. That leaves me with a bad entry to resolve. I'm not hoping for the price to dip so I can buy back and try to trade out of what I have left. I still believe that over time price will rise a fair bit from here.

[pixtel] 23/10/2019 11:51

Management LTIP entry is 169p so will be focused over next few years to get results.

[poikka] 23/10/2019 11:43

Ok well that's some sold at 177.5 for a reasonably quick profit. Bit nervous about HFDs, but still holding some.

[poikka] 12/10/2019 11:14

GBP up, HFDs up.

Take a while for the exchange rate effect to work, but prices look to the future, or used to..

Add to that, investors moving out of foreign earners and into domestics.

Wouldn't rely on it, though, as it all depends on the outcome of Brexit talks, which are far from certain. All the same, impressed how the GBP held up to the close yesterday.

[stupmy] 11/10/2019 13:13

I think we'll see 161.5 or lower soon. For that reason I'll sell what I bought today, I'm reducing a lot of risk for the weekend. I'll be looking to buy back here at 161.5 or less. I assume that this mornings rise was shorts closing or is there some news somewhere?

[yump] 11/10/2019 12:37

I regularly buy stuff from Halfords as they match bike part prices. Recently their stock system seems to be all over the place, which has worried me. Perhaps its fallout from the IT being outsourced more.

I have some shares from a fair bit higher up, but haven't topped up for the simple reason that I think it would take a surprise big positive to get the share moving, but not much to make them plummet.

I guess that could be said for most stocks at the moment, although many have already had bits of bad news or mediocre results, which have caused plummets.

Think there will be time to see what the trend is and buy some more when it appears to have settled.

[stupmy] 11/10/2019 08:36

Ok, perhaps the fall is over. I've bought half of what I sold yesterday back, for a loss of 2p or so. Will consider adding if the chart looks ok.

[stupmy] 10/10/2019 10:21

Not too sure what's going on with this. I've closed 2 of 5 positions (not my worst entries) for a good loss. I fear that we'll see capitulation and the 140s.

[rathean] 10/10/2019 08:21

No buyers in the market, this and several other stocks on my watchlist now well into value territory but short term I'm trying to keep my powder dry, well invested elsewhere for the euphoric bounce before the fall imo dyor ofc.

[stupmy] 10/10/2019 07:31

I'm not that comfortable with it and may take a loss on this one.

[toffeeman] 09/10/2019 16:23

You are brave Stumpy - if a market 'correction' does happen HFD will get trashed.

[stupmy] 09/10/2019 14:40

I've added at 163. I'm hoping the 158 print was the bottom and that support will hold at 160/161

[stupmy] 09/10/2019 08:13

It's possible that it will stop here. We're now at possible support dating from Oct 27/2008. If that does not hold, the next one I can see is July 9th 2012 and that was around 148. No scheduled company-specific news until November 7th.