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!

269.1 atm - yield 8.09%

Strong today - maybe perceived as 'safe'. yield 7.17% at current levels.

Trading statement tomorrow and struggling today !

Trading Statement.

Q2 HIGHLIGHTS

Cycling LFL sales up 5.7%

Wefit penetration of bulbs, wiper blades and batteries (3Bs) increases to 22.1% compared to 20.2% in Q2 last year

Online sales penetration 8.4%

Autocentre sales growth of +10.6% with LFLs +3.1%

Great results.

I assume divi mid dec '11? Not seen how much yet though.

Interims on 10th November(provisional) and ex dividend 21st December. 8p last year.

Half Yearly Report.

Highlights

Underlying* Group revenue down 0.1%

As predicted, Retail gross margin declined in our drive to maximise cash returns

Cycling sales continued to outperform, boosted by the launch of the new Carrera range in July and strong sales of accessories

In the Car Maintenance category, sales of the Halfords range of wefit services were particularly strong

Full-year management guidance on Retail gross margin and operating costs remains unchanged

Autocentres like-for-like revenues up 2.7%, with a gross margin improvement of 36 basis points

Material cash generation and a well-funded balance sheet facilitate both the share buyback programme and maintenance of a strong dividend

UBS have a sell 270 - ex dividend 21st December 8p.

These have been on my radar for years - current yield @6.89 (ex dividend 21st December 8p) however, I think it could be time to consider a short - any views?

4 week low hit today @308.50 ex dividend on the 21st 8p (yield currently) 7.1%

Ex dividend Tomorrow 8p (7.4%).

Interim Management Statement.

Third-Quarter FY12 Interim Management Statement

An Encouraging Underlying Performance

Halfords Group plc, the UK's leading retailer of automotive and leisure products and leading independent operator in garage servicing and auto repair, today updates the market on its trading performance for the 13 and 39-week periods to 30 December 2011:


13 Weeks 39 Weeks
YOY change YOY change
----------------------------- ----------- -----------

TOTAL REVENUE
----------------------------- ----------- -----------
Halfords Group -2.1% -1.1%
----------------------------- ----------- -----------
UK/ROI Retail -4.4% -2.3%
----------------------------- ----------- -----------
Halfords Autocentres +18.7% +12.0%
----------------------------- ----------- -----------

LIKE-FOR-LIKE (LFL) REVENUE
----------------------------- ----------- -----------
Total UK/ROI Retail -4.8% -2.9%
----------------------------- ----------- -----------
Car Maintenance -12.8% -7.0%
----------------------------- ----------- -----------
Car Enhancement -12.8% -10.8%
----------------------------- ----------- -----------
Leisure +9.7% +5.6%
----------------------------- ----------- -----------
Halfords Autocentres +10.9% +5.3%
----------------------------- ----------- -----------

Excellent bullish engulfing candle.

Strong today.

Barclays upgrades to Overweight TP 450.00p

car parts to bicycles retailer, Halfords , ticked up 2.3 to 329.7p as Panmure Gordon upped its rating to “buy” from “hold

Pre-Close Trading Statement

Key Points For The Quarter

· Cycling LFL revenues increased by +5.7% (Q4 FY11: +8.7%), driven by strong performances in Premium and Children's Bikes
· Retail fitting revenues rose +28.1% as we build on Halfords' unique customer offer. The demand amongst motorists for 'Do It For Me' services continues to grow
· The decline in Car Enhancement revenue worsened, with accelerated falls in both higher-margin Performance Styling and Car Cleaning products
· At 8.0% of total Retail, a disappointing online revenue performance reflected declines in both Sat Nav and Child Safety
· Autocentres' revenue continued to grow strongly, driven by an enhanced recognition of the value offered by the Halfords brand

Thursday May 31 =

- Halfords is hoping that a summer dominated by the Olympics and, one hopes, a sackful of gold medals at the velodrome, will encourage Britain to get cycling. Over the past year, the retailers' bicycles and cycling accessories have only partially offset a pretty dire car market, especially the collapse in sales of satnavs. Analysts are forecasting pre-tax profit of £91m, down from £126m the year before on sales of £750m. The generous dividend of 22p is expected to be held.

Halfords Group plc

Preliminary Results Financial Year 2012



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