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!

Up again today - interims on 08th Nov.

Halfords is continuing its recovery, with the share price having nearly doubled since July to hit a new 12-month high of 358.7p today. The retailer of auto parts and cycles, and operator of Halfords Autocentres, suffered during the economic slump and profits fell this year.

And though earnings per share is expected to fall again in the year to March 2013, latest forecasts suggest a full-year dividend of around 3%, and earnings should start to recover in 2014.

Hmmmm

lol skinny, take it you didn't get back in......nor me.,.

Interims tomorrow :-

It looks like MAM has the wrong date - Interims announced on the 21st!

Wednesday November 21 =

The City will get the chance this week to hear from the new chief executive of Halfords for the first time when the car parts and bicycle retailer posts interim results. Matt Davies, the former boss of Pets at Home, is likely to focus on improving Halfords’ customer service and its multi-channel offer. In terms of financial performance, like-for-like sales rose 5.6pc in the most recent quarter as the retailer enjoyed a welcome post-Olympics boost. Philip Dorgan, analyst at Panmure Gordon, said: “We believe that, with a proper focus on service, Halfords can unlock the potential within its fragmented markets.”

Half Yearly Report part 1

Half Yearly Report part 2

Key Points For The Half:

· Retail delivered a robust revenue performance in Q2 following a difficult Q1
· Autocentres produced a double-digit increase in operating profit led by further strong top-line growth
· Free cash flow up 47% to £59.5m with continued focus on investment priorities and cash management
· Net debt reduced by 23% to £107.9m
· Interim dividend of 8p per share maintained
· Good progress made in the delivery of strategic initiatives
· Matt Davies joined as Chief Executive in October

UK retailer Halfords first half profit slumps

(Reuters) - British bicycles-to-car-parts group Halfords (HFD.L) posted a 23 percent slump in first half profit as a better second quarter sales performance failed to offset a poor start to the year.

The firm, which trades from over 460 Halfords stores in the UK and Ireland as well as over 260 Autocentres, said on Wednesday it made a pretax profit before one off items of 41.9 million pounds ($66.7 million) in the 26 weeks to September 28.

That was in line with company guidance of 40-42 million pounds issued last month but down from 54.7 million pounds made in the same period last year.

Just closed for +15 intraday - I'm not prepared to hold these atm.

I'm short skinny.

I was tempted to short yesterday after the recent run and before results today - but didn't!

I went long on the turn this morning and have just closed, but gut feeling is short longer term - but wtfdik.

Ex-divi next wed, 19th Dec (8p)

Interim Management Statement

Key Points for the 15-week Period
· Cycling: an initially weak market for Older-Kids' and Adult-Mainstream Cycles that improved in the final weeks of the period, partially offset by a strong increase in Premium Cycle and Cycle Repairs sales
· Car Maintenance: a strong performance with parts sales up 13.2% and 3Bs fitting penetration, via our unique wefit offer, up 11%pts to a record 39.5%. Mild and wet-weather conditions affected the demand for winter products
· Car Enhancement: improved marketing and stronger range execution supported growth in both Audio and Sat-Nav
· Travel Solutions: reduced sales of Child Car Seats, given our focus on cash returns
· Online Retail: a record 10.9% of Retail revenues reached as customers took advantage of Halfords' fulfilment offer
· Autocentres: another strong revenue performance as management continued to invest for the future

Financial Position

There has been no material change in the Group's financial position which remains sound.

Planning Assumptions

We do not anticipate a material improvement in short-term trading conditions. Given the Retail revenue performance in the period our plans would indicate Group Profit Before Tax for the year ended 29 March 2013 in the range of £68-72m, a modest upgrade to our prior assumptions. We will continue to exit old inventory as we invest for the next financial year.

That gap is getting closer.

Q4 Pre-Close Statement tomorrow.

Pre-Close Statement

Key Points for the 11-week Period
The prolonged winter period resulted in a year-on-year change in the sales mix in the period, benefitting Car Maintenance whilst having a marked dampening effect on our outdoor-focused categories, such as Cycling and Travel Solutions.

· Cycling: a delayed start to the season, though Premium Cycle sales were resilient and online parts, accessory and clothing sales increased by 26.5% ahead of the full-scale online launch this year
· Car Maintenance: a strong performance with 3Bs parts sales up 26.3% and fitting penetration up 10.6% pts to 39.4%, benefitting from the strategic wefit focus
· Car Enhancement: Sat Nav sales flat with growth in Audio not enough to offset the decline in Car Cleaning
· Travel Solutions: reduced demand for outdoor products were partly mitigated by winter-related accessory sales such as snow chains and shovels
· Online Retail: a 13.4% increase in sales reflected a 24.7% increase in Sat Nav revenues
· Autocentres: 12 centres opened in the period but fleet sales remain under pressure

FY13 Expectations
The Board anticipates Group Profit Before Tax for the year ended 29 March 2013 to remain in line with prior assumptions within the range of £68-72m. The Group's financial position is sound; as previously highlighted, we have focused on exiting old inventory as we invest for the new financial year.

N+1 Singer Buy 321.75 316.10 390.00 390.00 Reiterates

Investec Buy 319.05 385.00 385.00 Reiterates

Espirito Santo Execution Noble Buy 322.30 316.10 350.00 350.00 Retains

Looking for 330p good volume and RSI on the up.