Halfords Share Discussion Threads

[wynmck] 06/9/2023 12:09

P.Hunt raise to Buy ,tgt 275 from 250

[gswredland] 06/9/2023 09:24

Looking good. Markets are abysmal atm, and expected this to fall. Look at WH Smith after their update this morning!

[yf23_1] 06/9/2023 08:05

Mkt down, Halfords up. Not all doom and gloom then.

[yf23_1] 06/9/2023 08:01

Good update, meeting expectations.

[kendonagasaki] 05/9/2023 21:08

D DAY tomorrow!If it is carnage, sell!SELL IT ALL!If it is mediocre sell!SELL IT ALL!If it is great.Take the rise and sell it all!These clowns have to keep refinancing debt.Tomorrow, always Tomorrow?

[kendonagasaki] 29/8/2023 19:26

Announcement on the 6/09/23 7am.20 week trading update.That is judgement day!

[kendonagasaki] 21/8/2023 19:13

TR 1 Notification.Lombard Asset Management now have a 5 percent holding in HFD.Can not see if they have increased or decreased?Any views?

[kendonagasaki] 21/8/2023 15:34

Looks like 1.63 is next test support.Something does not look right here to fall so fast so soon?

[rolo7] 19/8/2023 09:54

I thought this was building a monopoly on car and tyre repairs as everyone keeping cars longer.

[kendonagasaki] 18/8/2023 11:03

234 to 181 all in weeks?Poor results see us at 160 then 121.Good results see us back at around 220 to 245.Waiting for the judgement day!

[kendonagasaki] 15/8/2023 16:47

30,90 MDA GONE!Heading lower!

[kendonagasaki] 10/8/2023 18:15

Can not keep paying divi if they do not increase profits?Is this still a viable business model or have they just loaded up with debt to grow revenue?IMO Stapleton is on his last legs if Q1 is under performing!As they say.... The jury is still out!

[schofi2] 10/8/2023 11:46

Nice big 7p divi paid and only down 4.2P that will do me.
Win Win every time with Halfords.
Will test £2.80 in the next 12 months IMHO

[kendonagasaki] 10/8/2023 08:42

Heading back to 1.80.Poor results could see this back at 1.50 or below?

[kendonagasaki] 02/8/2023 13:58

Down 6 percent?Somethings brewing!?

[kendonagasaki] 27/6/2023 17:50

Not a total disaster then.They seem more than upbeat about this Q1 trading and I will wait for them to announce that to see where they are versus peers.We are now entering a recession and the UK consumer is definitely tapped out somewhat!If they have kept on track in Q1 then I may change my stance.Proceed with caution until they announce Q1 results.Until then I am on the proverbial fence?

[spob] 23/6/2023 11:26

.
It's effectively the same as rent

Except several years of forward lease payments are recorded as a liability right now

[pb_1] 23/6/2023 07:49

At last- some decent information about Halfords which does not seem to exist elsewher, including on this bulletin board. This is via the Fincial Times alerts system:
[e-mail]


Halfords: fickle trends can lead down a bumpy road

Hope this helps other people like me to keep an eye on the situation at Halfords.

[adeg] 22/6/2023 17:44

Spob,
if the lease liabilities are not debt why are they paying £8.8 million per year in interest on these liabilities? That's not rent, it's debt.

Finance costs:
Bank borrowings (1.4) (0.1)
Amortisation of issue costs on loans (0.8) (0.7)
Commitment and guarantee fees (1.1) (1.5)
Other interest payable - -
Interest payable on lease liabilities (8.8) (9.0)
Net Finance costs (12.1) (11.3)

[gswredland] 22/6/2023 08:44

Yes something has kicked this up!

[balcony] 22/6/2023 08:42

Motoring this morning.

[yf23_1] 21/6/2023 22:19

IFRS 16 introduces a single lessee accounting model and requires a lessee to recognise assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is of low value. A lessee is required to recognise a right-of-use asset representing its right to use the underlying leased asset and a lease liability representing its obligation to make lease payments.