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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

splat - 04 Jul 2012 12:31 - 99 of 314

Chart.aspx?Provider=EODIntra&Code=HFD&Si
longer term chart - support here or to fresh all-time lows?
Doesn't look pretty.

hlyeo98 - 04 Jul 2012 17:13 - 100 of 314

Panmure Gordon and Barclays both downgrades Halfords.

2517GEORGE - 05 Jul 2012 17:06 - 101 of 314

Decided to bite the bullet and take the hit, so HFD fortunes could improve now.
2517

hlyeo98 - 05 Jul 2012 18:59 - 102 of 314

You are certainly a brave man.

hlyeo98 - 05 Jul 2012 19:02 - 103 of 314

The Tour de France may be in full flow, but that didn't stop Halfords ending up at the back of the pack yesterday. The bike seller came close to finishing at its lowest-ever share price last night as fears continued to grow that the recent terrible weather means its upcoming update could be a shocker.

Bicycles and tents don't tend to be much in demand when the rain is pouring do, so the fact that last month was the wettest June on record does not exactly bode well for the group's first-quarter statement in a fortnight.

Yesterday, Kate Calvert from Seymour Pierce added to the gloom by drastically lowering her expectations. The scribbler cut her pre-tax profit forecast for the year by 15 per cent, warning she did "not expect pretty first-quarter sales numbers" and saying that, as well as the torrid weather, Halfords was also being hit by rivals' discounting.

Balerboy - 05 Jul 2012 19:38 - 104 of 314

Ahrrre but da weather be changing for july and august and september then an indian summer till december. plenty of time to make up the short fall.,.

2517GEORGE - 05 Jul 2012 19:49 - 105 of 314

hlyeo98, no not brave just hopefully knowing when to cut loose and limit the loss.
2517

Balerboy - 13 Jul 2012 21:04 - 106 of 314

Finished dropping i think and now a steady climb back to.........250p hopefully fgp and tesco going to do the same..........dream

hlyeo98 - 13 Jul 2012 23:57 - 107 of 314

To me, this still looks fragile at 192p.

HARRYCAT - 14 Jul 2012 08:07 - 108 of 314

A chart - Not for the sensitive souls amongst us!

dreamcatcher - 18 Jul 2012 18:34 - 109 of 314

Thursday -

Halfords, the car parts and cycles seller, announces its first quarter interim management statement with the company seeking to restore its reputation after the profit warning at the end of May. "An indication that trading has stabilised could see the stock recover some of the lost ground," Northland Capital Partners suggests. Panmure Gordon reckons the results are certain to disappoint given the recent poor weather, it is merely a matter of how much disappointment there is likely to be. It is forecasting LFL sales on the retail side to be down 7% year-on-year

skinny - 19 Jul 2012 07:01 - 110 of 314

Interim Management Statement

Key Points for the Quarter

Retail
· A weak start to the quarter with revenue LfL of -12.4% for the first 8 weeks followed by an improvement in the following 5 weeks (LfL: +0.9%)
· A solid performance in Car Maintenance with 3Bs fitting penetration at 27.0% (Q1 FY12: 22.4%) contributing to a 26.9% growth in Retail service revenues
· Car Enhancement remains in decline but an encouraging positive LfL performance in Car Audio
· Cycling and other Leisure revenues materially impacted by the unseasonal weather conditions with Cycling revenues down 9.6%
· Good progress in online revenues (+13.0%) with the new fulfilment proposition enhancing the multi-channel offer
· Q1 gross margins and costs in line with our expectations

Autocentres
· Pleasing performance with further strong growth in revenue and market share
· Tyre fitting now represents in excess of 10% of Autocentre revenues

Group
· Further progress in delivering the long-term strategy; encouraging feedback from the 3 "laboratory" stores
· Group remains cash generative with a strong balance sheet
· The Board intends to declare at the time of the half-year results an unchanged interim dividend of 8p per share, payable in January 2013
· David Wild steps down as Group CEO. Dennis Millard becomes interim Executive Chairman. Search underway for replacement CEO (see separate announcement)

Guidance for the Full Year

Whilst still early in the year, given the uncertain trading environment our planning assumptions now reflect continuing negative Retail LfLs in the remainder of the first half, with second-half Retail LfLs likely to be flat to mid-single-digit negative. Previous guidance on Retail margins and costs and on Autocentres' profit growth is broadly unchanged. Under these scenarios, FY13 Group Profit Before Tax for the year would range between £62m and £70m and healthy underlying cash flows would continue to be generated whilst making progress implementing our strategic priorities.

dreamcatcher - 19 Jul 2012 07:12 - 111 of 314

ouch again.

skinny - 19 Jul 2012 07:15 - 112 of 314

And bye bye CEO. Halfords announces David Wild to step down as CEO.

dreamcatcher - 19 Jul 2012 07:15 - 113 of 314

A weak start to the quarter with revenue LfL of -12.4% - Panmure Gordon thought -7%. Again not going to be pretty at 8.00am

Balerboy - 19 Jul 2012 08:28 - 114 of 314

up 10% this am, keep going.,.

skinny - 19 Jul 2012 10:05 - 115 of 314

There are a few broker "recommendations" out today here

One of the better ones is an upgrade to buy from Seymour Pierce TP raised from 220p to 260p.

2517GEORGE - 19 Jul 2012 10:29 - 116 of 314

Just got back from a 4 day break, this has picked up since last week. Good luck bb. I sold @ 205 ish for my sins.
2517

Balerboy - 19 Jul 2012 11:56 - 117 of 314

Hope it's coming right 7152.......come on halfords "get on yr bike".,.

skinny - 19 Jul 2012 12:04 - 118 of 314

George/BB - I got stopped out @209 after the post dividend fall.

Assuming "they" are correct and the summer returns next week, maybe sales of bikes and outdoor equipment may pick up. And of course there is the "Bradley Wiggins" effect, if he wins the Tour.
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