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Halfords,,it not just the AA who do recovery`s (HFD)     

daves dazzlers - 27 Apr 2005 14:07

Its come along way since these were a pair of old boots,just bought today mid 280s,spent a few pounds in there of late,so why not!

Chart.aspx?Provider=EODIntra&Code=HFD&Si

HARRYCAT - 06 Aug 2012 14:26 - 126 of 314

Chart.aspx?Provider=EODIntra&Code=HFD&Si

Chart for you Bb. This one won't upset you! ;o) [Although recent broker forecasts might @ 205p].

2517GEORGE - 06 Aug 2012 18:16 - 127 of 314

Hey relay bob, you don't have to rub it in. Hope it does well for you.
2517

skinny - 09 Aug 2012 11:52 - 128 of 314

Although not directly relevant to HFD, this is nevertheless quite interesting :-

?m=02&d=20120808&t=2&i=640081434&w=&fh=&Squeezed by debt crisis, Greeks ditch cars for bikes

(Reuters) - Greece's dire economic plight has forced thousands of businesses to close, thrown one in five out of work and eroded the living standards of millions. But for bicycle-maker Giorgos Vogiatzis, it's not all bad news.

The crisis has put cash-strapped Greeks on their bikes - once snubbed as a sign of poverty or just plain risky - and Greek manufacturers are shifting into fast gear.

Balerboy - 09 Aug 2012 19:59 - 129 of 314

This is looking like a profit coming on......... yyeeha

Balerboy - 14 Aug 2012 12:42 - 130 of 314

Going north still today.... not long now.,.

2517GEORGE - 14 Aug 2012 12:48 - 131 of 314

Hey well done BB, holding your nerve looks to be paying off. Nice one on FGP too.
2517

skinny - 15 Aug 2012 15:12 - 132 of 314

Turned out nice again.

Chart.aspx?Provider=EODIntra&Code=HFD&Si

Balerboy - 16 Aug 2012 19:17 - 133 of 314

still climbing £2.80 comin

skinny - 16 Aug 2012 20:57 - 134 of 314

Not bad - I'm up @18% since the 2nd.

Balerboy - 17 Aug 2012 09:44 - 135 of 314

6p to go for my entry then hope it stays north a bit longer.,.

Balerboy - 07 Sep 2012 08:48 - 136 of 314

on a roll this morning.,.

skinny - 07 Sep 2012 08:53 - 137 of 314

Yes - 253.30 (ish) and then that gap. Update early next month I believe.

Chart.aspx?Provider=EODIntra&Code=HFD&Si

skinny - 10 Sep 2012 11:21 - 138 of 314

253.30 just been breached.

skinny - 14 Sep 2012 12:12 - 139 of 314

Still going well - Trading statement due on October 4th.

Balerboy - 14 Sep 2012 19:48 - 140 of 314

Rock on or should that be Ride on :)

Balerboy - 17 Sep 2012 14:28 - 141 of 314

+11p and div so far.... roll on xmas.,.

skinny - 21 Sep 2012 10:49 - 142 of 314

Chart.aspx?Provider=Intra&Code=HFD&Size=

Just noticed that HFD hit 270 during the auction - so hopefully may close that gap today or Monday.

dreamcatcher - 29 Sep 2012 09:38 - 143 of 314

We should have a pre-close announcement from Halfords , the cycle, car parts and motor maintenance firm, on Thursday. And it's a share I'm particularly interested in, having been bullish about it a couple of years ago but getting it badly wrong -- the company has suffered from the economic downturn and the shares have crumbled. They reached a low of just 189p this year, but have come back a bit to 260p today.

Is it still a good company, fundamentally? I think it is, though there is an earnings fall of more than 25% forecast for the full year to March 2013. The current dividend forecast suggests a yield of over 7%, but that will only be barely covered by earnings -- so either earnings need to substantially recover, or the dividend will surely face a cut (and there isn't any net cash on the books to really justify maintaining a high payout if it can't be covered).

The interim figures themselves are due in 8 November

dreamcatcher - 03 Oct 2012 18:33 - 144 of 314

..Halfords to appoint Davies as CEO

By Jamie Dunkley | Telegraph – 33 minutes ago
....Email
Share0Print.....Companies:...KKR . ..RELATED QUOTES.
.Symbol Price Change
KR5.F 11.52 +0.38

......
Struggling bike and car parts retailer Halfords is set to appoint former Pets at Home boss Matt Davies as its new chief executive.

Mr Davies is expected to be named as the company’s new boss today alongside an update on the company’s first half trading. Analysts expect Halfords to post a 5pc fall in like-for-like sales with first-half profits coming in at £35.8m.

The appointment of Mr Davies, which was first reported in Retail Week , is likely to be welcomed in the City due to his track record at Pets at Home where he built sales and profits ahead of the company’s £995m sale to private equity group KKR (Frankfurt: A1C10P - news) in 2010.

Halfords has been on the lookout for a new chief executive since parting company with David Wild in July.

Mr Wild joined Halfords from Wal-Mart in 2008 but agreed to resign after he was summoned to a meeting with the retailer’s board.

At the time, Halfords chairman Dennis Millard said the board felt it was the “right time” for a change in leadership as the retailer pressed ahead with a new strategy.

Mr Wild’s departure came as Halfords, which has more than 460 stores, issued yet another profit warning. It blamed the poor weather for a 5.6pc slump in like-for-like revenues during the first quarter as the rain dampened appetite for bikes and other outdoor products.

Analysts suggested Mr Wild failed to adequately address crucial areas such as product ranges, competition from online retailers and poor customer service during his tenure.

A spokesman for Halfords declined to comment on Mr Davies’ appointment.

Mr Davies joined Pets at Home as finance director in August 2001 before taking the top job in March 2004.

He twice helped sell the company, first to UK private equity house Bridgepoint and later to its American rival KKR, netting up to 15pc of the company’s equity along with the rest of the management team.

..

skinny - 04 Oct 2012 07:02 - 145 of 314

Interim Management Statement

Key Points for the Second Quarter

Retail

· Cycling: strong performance fuelled by active trading, better weather and Tour de France & Olympic successes

· Car Maintenance: solid performance across all main categories and a further increase in 3Bs fitting penetration

· Car Enhancement: growth in Audio and Car Cleaning partially offset the Sat Nav decline

· Travel Solutions: reduced Camping demand and a focus on maximising cash margins in Child Travel
· Enhanced multichannel offer and customer fulfilment delivered a 30.0% uplift in online sales

Autocentres

· Strongest LfL performance since acquisition in February 2010

· Better-than-expected increase in tyre participation
· Good pipeline of new centres for opening this year

Group & Outlook

· Group profit before tax for the first half is expected to be £40m-£42m reflecting the strong Q2 sales performance and an acceleration of operating-cost investment

· First-half net debt is expected to be c.£115m, reflecting robust working capital and cash management

· Full-year guidance and second-half planning assumptions of flat to mid-single-digit negative Retail LfLs remain unchanged; however, given the Q2 performance, FY13 PBT would now be in the upper half of the previously-stated range of £62-70m

· As previously indicated, the intention is to declare an unchanged interim dividend of 8p per share, payable in Jan 2013

· Matt Davies is appointed Chief Executive with immediate effect; see separate announcement
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