London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
1. Biggest bicycle supplier in the UK.
2. Also supply electric bikes.
3. Possibility VAT on bikes will be removed.
4. Sell electric scooters (the future of getting to work IMHO).
5. Electric scooter legalisation likely IMHO, and soon. Eveluation was "fast tracked" several weeks ago with rental of electric scooters in certain areas of the UK happening NOW.
6. Benefit from UK residents holidaying in the UK. Halfords sell CAMPING EQUIPMENT, trailers, roof racks etc....
7. IF virus clampdown returns Halfords still in relatively good position.
The future is extremely bright for Halfords.
All IMHO.
Yes, but this potential needs to be converted into clear evidence of improvement in the bottom to take SP up significantly.
Notwithstanding the drop of the last few days (a drop many suffered), this has now essentially recovered its pre-COVID SP. In my view that's already pretty good given the risks and uncertainties that lie on the other side of the equation.
sorry, previous post should have read ".......bottom line....."
Dont forget, the market (ftse benchmark) has dropped 2 - 300 point over June. Its not about before the pandemic.
LetsTry.
I appreciate the results will be up until 29th March.
However you hardly nead a "leap of faith" to IMHO judge that Halfords fortunes have rocketed. IMHO they simply must have. Bike demand "doubled", 10 days or so ago bike stock levels were what....... 50 types out of something like 300 on their web site. Now stock levels vastly improved but massive demand still there and IMHO it won't change any time soon. When (not if IMHO) the UK government legalise electric scooters the demand is going to go up 5 to 10 fold IMHO. A scooter is the perfect way to cheaply get to work if you are less than 12 miles away IMHO. Cost pennies, no chance of getting virus, fiold up and carry when necessary. Just perfect!
Then as I said they supply all the camping equipment - tents, stoves, lamps, car trailers, roof racks.
if the market can't see that Halfords is in a good position then it must be living in cloud cuckoo land. Maybe it is?
All IMHO>
Darton - forgive me, I haven't been clear. My only point is that this is already trading at around the same price as the period when things were much more stable and predictable(i.e. pre-pandenmic). to be back at the same SP now is, imo, already a very good performance. There is more growth here but it needs some evidence that the latent potential is being converted into profit to lift it up further.
I am not disagreeing and I made many of the same points about HFD on this board back in march.
If you don't accept my views, which of course you are at liberty to discard, what is your explanation for a meteoric rise from around 60p to 190 in double quick time, and a slump back to sub-150 and Darton's observation that there doesn't seem to be much appetite for HFD at the moment?
The sp dived to 60p when the whole market crashed.
Then when halfords said they were not shutting the shops and the bike sales sky rocketed the sp went to £1.90.
Profit taking has taken the sp back to £1.49 IMHO. The sp moves a lot on relatively small volume.
We are eight days from the results so this period and the results/future outlook will be very interesting. I understand your views about actual figures but feel the market should be taking on board more the obvious excellent position Halfords are in with Bike sales/scootter sales/ camping equipment. It seems obvious that these sales will be vastly improved.
All IMHO.
LetsTry, no problem, good to discuss it. I am an invester for over 12 months, and I think if CV19 had not of happened they would have risen back to around £1.80 this year, to push on next year. i was more excited about the car business rather than bikes. However the current circumstances make it far harder to price and predict. I was saying that as other companies have dropped in SP, maybe the reduction here is about fair. I filtered Mr carrots a while a go, so missing half of the conversation.
Hi Darton - Likewise. I think we're on the same page.
Fingers crossed!
Hi Darton - Likewise. I think we're on the same page.
Fingers crossed and best of luck to you!