Halfords Share Discussion Threads

[poikka] 14/1/2020 11:58

For what it's worth: fewer new car sales means more repair work for Auto; wet weather means potholes - tyre sales higher, and stronger £ means better margins eventually. Can't see much movement in bike sales, myself.

Auto well up and retail stagnant? We'll see.

[kendonagasaki] 13/1/2020 11:59

I reckon they will surprise.Not by much but thier online marketing seems to have vastly improved.The lack of cold weather combined with strong promotional offers on bikes may well have improved here versus last year imo.Just my thoughts...if not i cant see Graham in this role after May 2020 imo.

[niggle] 13/1/2020 11:37

kendo

It was one line here:

"Elsewhere, Halfords could report a stronger third quarter thanks to the weather"



Do you think that is likely kendo?

The weather has been very temperate - do you think more people cycled as a result? fewer car breakdowns though?

[technowiz] 13/1/2020 11:24

down 5 days in a row on Friday. if thats not oversold i don't know what is. due a bounce? heres hoping.

[stupmy] 13/1/2020 10:01

The decline over the last 5 years has been slowing, that maybe supports your view yump. Maybe it's bottoming. We'll soon know more.

[yump] 13/1/2020 09:20

I still think Halfords actual market is structurally similar to pets now they are increasing the service element.

If you just look at the product mix, much of it is not that easily found to buy online.

How much of halfords declining profits is due to online, poor management (i dont count outsourcing), high rents etc ?

I think an assumption is being made that profits will continue to decline, because they already have, but it seems quite likely to turnaround to me.

Pets was on a very lowly pe which seemed to assume disaster a while ago, so everyone was looking for gremlins. Then it doubled.

After the worst retail christmas since whenever, theres certain to be a lot of bad vibes in the hfd share price imo.

[toffeeman] 13/1/2020 08:09

Kendo - not if you account for intangibles!!!

[spob] 13/1/2020 07:55

16 January 2020 FY20 Q3 Trading Update

[kendonagasaki] 12/1/2020 17:44

Current price 25 percent below net asset value?Takeover target if it keeps falling..?

[kendonagasaki] 12/1/2020 17:42

Sunday Mail Finance report they will report a good Q3....?We'll soon gind out!

[stupmy] 12/1/2020 14:13

funny niggle, like it. online barbers

[niggle] 12/1/2020 11:48

I could have sworn I put some figures together to justify the £1 - can’t see a post though 🤔

What other retailers are there like PETS? Ones who justify the retail space they occupy by offering a service which cannot be bought cheaply online?

Is there a big chain of hairdressers?

[muchodinero] 10/1/2020 16:40

Looking at the big move down today ahead of next week trading update, one could assume that someone doing their accounts has leaked the figures to some dodgy dealers in the city?????

[smartie6] 10/1/2020 16:28

WJ, never say never.
I’m now on the sidelines and will be watching too. This imho does not look good.

[stupmy] 10/1/2020 16:26

W1ndjammer, do you have a link to the original note? Or a copy of it?

[gswredland] 10/1/2020 16:23

Agree with your contributions Niggle
On the sidelines but not looking good

[stupmy] 10/1/2020 15:48

To cut it again now would be a very bad sign. I'd agree with that. Should have been brought down to 5% in a oner

[w1ndjammer] 10/1/2020 15:42

smartie

the divi has already been cut, next financial year its 12p

they will not cut again.

WJ.

[smartie6] 10/1/2020 15:37

WJ, move down imho looks like they'll be a divi cut if not no divi. If the latter I wouldn't be surprised to see them trading at 70p. Sold the lot today at a loss of £3k. Absolutely pxssed off.
Good luck to all still holding.

[w1ndjammer] 10/1/2020 15:32

don`t think it was all niggles work, part of a short note put out

soon be time to pile in.

divi back over 8% after being re-based

WJ.

[stupmy] 10/1/2020 15:26

niggle, you were clear on your reading of the financial statement and I liked that side of your post, did you really give a rationale for the price target. Your first target was 100, then 100-120 or something similar from memory but I didn't see why you'd chosen those figures. Obviously I got the message that you think things are heading down.

[its the oxman] 10/1/2020 15:23

Shame though, like Halfords myself.

[its the oxman] 10/1/2020 15:22

Run for the hills then

[smartie6] 10/1/2020 15:09

Market expectation? Who is kidding who. This reeks of a leak. Imho, feels like a Saga position all over again, now convinced more than ever we'll see poor trading statement, cost cuts, and dividend cut or gone. The PI doesn't have a chance.