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That's about 0.5%. We'll find out who it was if, for example, it takes them above 3%.
1 million shares bought, as I said someone is accumulating shares before a take over offer
If you're not happy with the company I suggest you get on yer bike.
TSSZ, we have been here many times before. All we need is some decent weather and a revised Tour de Yorkshire is back this year to stimulate bike sales. Best to be patient for now and look at other investments.
3 big buys just appeared, someone is loading up before making a takeover bid offer
FOMO news could be Monday morning
Mary this Mary that - give it a rest Quickdip.
Anyone who invests based on anon posts on a BB is a fool.
Overall my approach works well for me and can carry losses when necessary but actively work out of an adverse position where possible.
Re SFOR - yes underwater there.
Mobico have traded into profit so content there as many carry losses.
All about a balance portfolio.
As regards HFDs traded 3 times over the last year and all successfully. Decided, for me the risk is to the downside unless a bid comes in but will reenter sub 140p and add on any further drops to 120/130p if it happens. If not I will wish the holders well.
My concern here is they have already flagged up they expect no improvement, even during their peak Easter trading. That is a red flag waving in front of everyone for now. I fell the move down was overdown but from 136 - to 154p I expect a retest to come.
Who knows really, not you or I but I avoided being caught here so that is a win for now.
Easy to be pleasant when others agree or disagree - it is a forum where all views are valid. Attack the message, not the poster.
Have a great weekend.
I have taken a closer look at Halfords and noticed the dividend is not currently covered by the free cash flow generation. The business has also gone from net cash in 2022 to net debt. The guidance change is a real concern. How does management tell us FY PBT is £48-53m on 25 Jan, a month into Q4 trading and then suddenly revise guidance to £35-40m a month later on 28 Feb.
I’m not an expert but I don’t think February’s sales should have such a detrimental impact on the profits. Something doesn’t add up.
I think we will see the dividend cancelled by Halfords and that may be a better time to revisit the story. I stay on the sidelines for now cognisant that we have had M&A rumours on the name.
I do the exact opposite of what Mary says, she’s been bugging up S4 capital and mobico for months. Both have tanked. She hasn’t got a clue.
Well if it does Mary, I will be back.
As with previous announcements, there is a possibility that some of this profit downgrade relates to an acquisition. Hard to see how you get such a big fall in 4 weeks. Institutions don't like this sort of stuff.
Still think 120/130p area will be visited on a market sell off.
Any company that will buy HFD, will have their own strategy on how to improve the business plan.
So why won’t they put in an offer for HFD, when they can buy it for a really good price.
Just looking at this after the SP drop... I am not surprised the market took fright
in Jan they say " a strong start to Q4 trading, mean that we are confident in the Q4 outlook.".. and literally 4 weeks later the PBT crashes from £48m-£53m to £35m-£40m...that is a hell of a drop expectation in just 4 weeks and I agree that £10.6m revision is not insignificant in such a short time period....and suddenly "significant market deterioration"..and that was after they already highlighted difficult trading conditions in Q3
and how can they say " assuming markets do not weaken further in Q4" in one sentence and then say "we are confident in the Q4 outlook" in another , back in January ...seems mixed messaging to the market
Comments about how many illegal tyres there are out there etc are concerning
I suspect the huge jumps in car insurance are having an affect on being able to invest in repairs and maintenance for retail customers
B2B at Autocentres has been a saviour I suspect
The near term Outlook is very uncertain and they have gone very cautious , not expecting too much from Easter
Customers need more disposable income .... the company is obviously ready to serve them
I dont see a Takeover coming just because of this Update .... but it might make any interested party wait and see ....the price wouldn't be much different anyway
Maybe Hunt will offer people some tax cut to help out on March 6th
good luck to all investors ...not a bad company...down to hard times for many private car owners
TSSZ said: "Yes the clever people bought loads yesterday and lots more clever people bought even more today"
You calling me clever? There are many who would dispute that.
I think we are going to have a breakout soon
Assume the interested parties are still around to bid and the BoD more receptive?
Yes Teddy 100, what happened indeed, maybe scaremongering, who knows .
Yes the clever people bought loads yesterday and lots more clever people bought even more today
SP is still very cheap
Exactly.
This will recover quick.
Yesterday was a complete and total market overreaction
Lovleh, absolutely loveleh, what happened to the three day drop? These boards are so amusing.
Fools who sold yesterday are probably regretting it now,
mark my words we will either be back to 200p + soon or we will get a take over bid now in the range of 250p to 280p due to yesterday drop otherwise 300p was the range I was expecting
If HFD has been approached by a company for a takeover
Then the directors cannot buy otherwise this would be inside trading
We already know from previous approach by companies that they are interested in HFD
If you look at the last 3 year history of director buys, there isn't much to be encouraged by!
I am always encouraged when I see Directors buying, over the last 6 months a number of them have reinvested their dividends back into the Company at much higher levels than today’s share price. The share price fall seems overdone to me. At these levels it may be a takeover target! At these prices there will be traders trying to make a quick buck, evidenced by the rebound in the share price yesterday afternoon, long term holders will I believe be rewarded over the coming months.
Ya not wrong. Funny how quiet it is when the SP starts rising. I have said it before and I will say it again, if this business was all about fundamentals, all accountants would be traders.
Market waking up to HFD being a bargain