Halfords Share Discussion Threads

[stupmy] 06/11/2019 17:27

I closed 40% of my holdings at something over 150 today for a 4.5 p loss. I'm not keen on holding over scheduled news events. It becomes a straight gamble.

[kendonagasaki] 06/11/2019 14:05

Makes sense to cost cut and streamline the business.All about the bottom line here!Im sure Mr Stapleford is more than aware of any eventual outcome if he fails to deliver?

[mr bennn] 06/11/2019 13:39

I think 21ant is spot on about CEO not lasting long. Morale was already low after outsourcing loads of IT jobs to Tata in India. Now he has cancelled the traditional company xmas party

[sammyshares] 06/11/2019 12:53

moves lower

[sammyshares] 06/11/2019 12:52

Caution needed.

[toffeeman] 06/11/2019 12:40

Wot if 150 doesn't hold Kendo?

[kendonagasaki] 06/11/2019 10:15

M&S didnt do too bad today?No major price drop.Hopefullt HFD results will show some stablity and they are gearing up gor their busiest period and this year we have a winter from hell to come.Should keep the tills ringing till March!Looking for any further gap down today to increase position.Buying pressure will quicken after 1pm. Usually does.

[stupmy] 06/11/2019 07:34

techno, could you explain why you think it's a stochs buy signal and what time frame? For me, I can see the potential for the share price having broken the descending tl resistance on the 2h chart from Oct 25th, but it's a weak tl and shouldn't be viewed as particularly reliable. If you look at the same period on the daily, the short term tl has only 2 touches and has not broken. We seem to remain in a downtrend at the moment, under those circumstances I don't see a stoch move above 20 as a buy signal, but maybe you have a different take on that. Volume has picked up a bit yesterday, but for me it's currently 'hope' for the results tomorrow.

[21ant] 05/11/2019 22:54

He’s not going to last much longer in my view. Divi has to be at risk soon if they don’t improve and I’ve said it time and time again. If the people aren’t on board and are not a priority for the ceo then it’s only going one way....

[mr bennn] 05/11/2019 22:29

So what will be the CEOs excuse if the figures are poor once again . Cant keep blaming Brexit or the weather ? Good luck to anybody holding the shares, in the short term at least, you may well need it.

[technowiz] 05/11/2019 20:59

Stochastic buy signal today. Halfords expects underlying pre-tax profit for the year to come in between £50m and £55m as per update on 3th September? Liberum maintained a 'buy' rating and target price of 325p in May this year.

[technowiz] 05/11/2019 19:02

what worries me. what if they cut the dividend which they may do to invest in the business for future growth.

[blackbear] 05/11/2019 18:14

Bought in here for the dividend GLA

[technowiz] 05/11/2019 17:02

yes nice bit of consolidation. share price tried to move up this morning got to 155p on the offer price before pulled back. not much of a pull back though. looking to tomorrow, i can't see many wanting to sell at 150p day before results. if share price gets above 155p there is a nice gap to fill? i'll check chart later.

[kendonagasaki] 05/11/2019 16:38

A few good late trades today!I think this is the bottom and have took a healthy position earlier today.This should be back into the 180 range very quickly on stable news.Time to buy.

[yump] 04/11/2019 17:07

I could do with averaging down, but not until 7th either ! Interesting about the after sales segment increase at Lookers, because HFD are not exposed to new car sales. Used was stable. In some ways HFD would benefit from fewer new cars and higher used car sales for aftermarket service (ie. new cars often go back to dealer for service).

[stupmy] 04/11/2019 13:13

A lot hangs on what's said on the 7th. For me everything else is noise for the moment. I'd say the rapid drop from 178 to 151 suggest that institutional investors are trimming their exposure head of the 7th. That is either simple risk management or the belief that they know what the announcement will say. Doesn't look like good news to me. I won't add anything until the 7th is out of the way.

[argylerich] 04/11/2019 12:36

The full variation of weather starting to unfold and the improving FX should help to turn this ship around over this coming winter.

[stupmy] 01/11/2019 12:17

Interesting point Ashbox. Price action will be interesting here now that this mornings gap down has closed. Let's hope we move up rather than continue down!!

[ashbox] 01/11/2019 11:31

Poor update from Lookers today spooked the auto sector and might have had a bit of a knock-on effect. On a positive note the Lookers profit warning showed the after-sales segment profit was up 2.9% for the comparable period.

[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.