Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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.
RBC raises Halfords price target to 230 (225) pence - 'outperform'
Hard to believe they managed to fleece institutional and retail investors at a capital raise at £3 a share, crazy.... Well if there long term forecasts prove accurate it'll be back at £4 plus a share.....
RBC raises Halfords price target to 225 (200) pence - 'outperform'
Uncharacteristically bullish RNS. This should reverse the recent SP decline and see it back in the 2's.
I'm surprised that they didn't provide an update on labour supply issues which they highlighted as a constraint at year end. Generally sounds very positive.
wow ,today's update is very good
From the last trading update RNS:
"Halfords is today announcing a Capital Markets Day on 30 March 2023.
Graham Stapleton and members of the senior management team will present the Group’s vision alongside the strategic and financial ambition over the next phase of its transformation. The event will showcase the planned evolution of our Services and B2B business, our loyalty platform and Avayler, and how the Group operating margin will evolve over the medium to long term through continued investment in high margin, high returning initiatives. The day will be a mix of presentations as well as physical site tours."
Their website now shows this as taking place on 18 April 2023.
Presumably the presentations will be available on the website for all to see.
Lowering salary cap on "Skilled workers " - minor help .
Minimum wage increase - major hurt.
Hint that interest rates likely to fall - medium help.
Incentives for bikes and e-scooters - help, but unlikely.
Increased MOT time period - major hurt.
Halfords in a tough spot right now.
Any predictions as to when the dft outcome will be announced .
The whole industry offers mediocre service at best. Even the big dealerships who just charge more.
What matters is price. If the price is right people don't worry too much. Moan yeh.
Market share is key to offering good prices..
HFD well placed imo..
Thanks Pianista nice to hear the local Intel, although don't fully agree on the perceptions comment. Interestingly national tyres, {now halfords :)} gets way more positive feedback on the social media.... Maybe they need to rebrand all auto centres to national tyres...
When I was a youngster all my mates used to call the company halfrauds as they were always expensive....
I sound like I'm company bashing, but their reputation could be improved, they also need manage their online image better and get their engineers which I have concerns over...
Come on halfords get this together (after years of poor stock availability)
Here's wishing for a good, more peaceful, honest and happier year.
I have had some unusual experiences with Halfords and the way the price has moved. It just has not been right. Something or somebody needs to expose the corruption and relationships between companies, market makers, accountants to name but a few. Seems a bit odd the US regulators fined firms for their employees violations relating to the use of WhatsApp and other platforms but none here.
Market makers should be facilitating trade not exploiting investors, that might be a good start alongside the use of technology.
Also the relationships with CEOs, anybody know anything about the person in charge here? I know he was ex Carphone Warehouse.
With nationwide service businesses, you will tend to get more negative reviews on social media than positive ones. In Halfords' case, if it makes them pull their socks up, it'll be a good thing.
All I ever hear from friends, though, is how impressed they've been with Halfords. And last weekend, when I went to my local branch, customers (who generally don't check social media posts first) were queueing right to the back of the store.
When you view halfords social media posts you see the majority of comments are negative, in my opinion more so than for the average company. Based on this for me, long term holder, mainly building a position, think I need watch my risk....
Talatum - "Add" is simply a rating between "Hold" and "Buy". So basically a "moderate buy", rather than a "strong buy".
"The broker cut its price target to 250p from 350p and lowered its rating to ‘add’ from ‘buy."
i have never understood this . To add you have to buy and if they are asking existing holders to add then they must be expecting price to go above average after add . Surely that means new buyer could also gain. Oh I give up back to my glass of whisky.
Tried to book a service online but keep getting the message "booking system unavailable, please try again later".
Given up after 3 goes on different days and will go to quickfit instead. Also £20 cheaper.
That's probably my custome gone.
I won't be investing either.
yes HFD would get to 250p one day ,but not in the near future ,so trading for me for now.
250p upside here and no one nibbling/ Peel Hunt usually hit the mark at some point.
Analysts were quick to cut their forecasts, with Peel Hunt reducing its pre-tax number for the current year to £52mln from £67.5mln and to £50mln from £72mln for the following year.
The broker cut its price target to 250p from 350p and lowered its rating to ‘add’ from ‘buy.’
“There is a lot of caution baked into those numbers, but visibility is poor,” it said, adding “the timescale of recovery in key markets is not clear”.
I am local to the Head Office in Redditch & know staff who are talking about the acquisitions made last year. Full of enthusiasm & cannot understand why their share option holding are so volatile & low share price. Their tyre sales with new dedicated centres are so busy.
Upside / downside risk?
Worth a punt in my view.
For information, here are the UK companies taken over or about to be:
SOPH (Sophos), DTY, STAN, MCRO, PRSM, AVV, AVST.
"European private equity yet to spend €270bn worth of capital"
hTTps://www.investmentweek.co.uk/news/4062173/european-private-equity-eur270bn-capital-spent
HFD is very cheap and pays dividends.
Fixing a flat tyre for £50 says it all!
150p next stop?
The negativity in share price should be reflected in retail stocks such as for example ASC and NXT which went ballistic when they released their trading updates. With HFD we have millions of cars on the road requiring tyres and with Rail strikes, who doesn't need a car ? IMO HFD has just been a bit more than normal cautious in some statements.